Elys BMG (ELYS) 10-Q 19 Aug 20 2020 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2020	Aug. 18, 2020
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2020
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2020
Current Fiscal Year End Date	--12-31
Entity Registrant Name	Newgioco Group, Inc.
Entity Central Index Key	0001080319
Entity Current Reporting Status	No
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		16,665,099

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Current Assets
Cash and cash equivalents	$ 5,783,449	$ 5,182,598
Accounts receivable	95,198	152,879
Gaming accounts receivable	551,935	1,242,005
Prepaid expenses	214,754	221,547
Related party receivable	1,395	4,123
Other current assets	513,827	461,398
Total Current Assets	7,160,558	7,264,550
Non - Current Assets
Restricted cash	1,550,291	1,549,917
Property, plant and equipment	501,281	520,725
Right of use assets	684,502	792,078
Intangible assets	15,505,524	15,857,027
Goodwill	1,663,207	1,663,385
Marketable securities	900,000	177,500
Total Non - current Assets	20,804,805	20,560,632
Total Assets	27,965,363	27,825,182
Current Liabilities
Line of credit - bank	1,000,000	1,000,000
Accounts payable and accrued liabilities	7,161,828	6,800,765
Gaming accounts payable	2,131,020	1,735,650
Taxes payable	556,822	298,476
Advances from stockholders	14,914	2,551
Deferred purchase consideration, net of discount of $53,587 and $120,104	866,979	1,682,280
Deferred purchase consideration, Related Party, net of discount of $35,725 and $90,069	702,616	1,199,361
Debentures, net of discount of $0 and $627,627	3,331,207	3,361,337
Operating lease liability	99,298	200,866
Financial lease liability	6,246	12,476
Promissory notes payable - related party	300,000
Bank loan payable- current portion	103,855	124,079
Total Current Liabilities	16,274,785	16,417,841
Non-current Liabilities
Deferred tax liability	1,269,234	1,315,954
Operating lease liability	549,120	548,747
Financial lease liability	25,521	25,025
Bank loan payable	126,203	96,786
Other long-term liabilities	617,979	619,544
Total Non- Current Liabilities	2,588,057	2,606,056
Total Liabilities	18,862,842	19,023,897
Stockholders' Equity
Common stock, $0.0001 par value, 80,000,000 shares authorized; 12,495,002 and 11,949,042 shares issued and outstanding as of June 30, 2020 and December 31, 2019	1,249	1,194
Additional paid-in capital	34,981,284	32,218,643
Accumulated other comprehensive income	(270,231)	(176,717)
Accumulated deficit	(25,609,781)	(23,241,835)
Total Stockholders Equity	9,102,521	8,801,285
Total Liabilities and Stockholders Equity	$ 27,965,363	$ 27,825,182

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
STOCKHOLDERS' EQUITY
Preferred Stock - par value	$ 0.0001	$ 0.0001
Preferred stock - authorized	5,000,000	20,000,000
Preferred stock - issued
Preferred stock - outstanding
Common Stock - par value	$ 0.0001	$ 0.0001
Common Stock - authorized	80,000,000	160,000,000
Common Stock - issued	12,495,002	11,949,042
Common Stock - outstanding	12,495,002	11,949,042
Deferred Purchase Consideration[Member]
Debt Discount	$ 53,587	$ 120,104
Deferred Purchase Consideration Related Party[Member]
Debt Discount	35,725	90,069
Debentures[Member]
Debt Discount	$ 0	$ 627,627

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Income Statement [Abstract]
Revenue	$ 4,810,269	$ 9,105,353	$ 14,980,443	$ 18,371,648
Costs and Expenses
Selling expenses	3,957,366	6,268,772	10,172,527	13,676,478
General and administrative expenses	2,883,427	3,360,284	5,704,388	6,557,739
Total Costs and Expenses	6,840,793	9,629,056	15,876,915	20,234,217
Loss from Operations	(2,030,524)	(523,703)	(896,472)	(1,862,569)
Other (Expenses) Income
Other income	13,862	7,725	25,660	7,725
Interest expense, net of interest income	(33,099)	(277,639)	(173,073)	(425,275)
Amortization of debt discount	(286,845)	(739,604)	(737,074)	(2,096,080)
Loss on extinguishment of convertible debt	(719,390)		(719,390)
Loss on conversion of debt		(35,943)		(35,943)
Gain (Loss) on marketable securities	592,500		722,500	(25,000)
Total Other (Expenses) Income	(432,972)	(1,045,461)	(881,377)	(2,574,573)
Loss Before Income Taxes	(2,463,496)	(1,569,164)	(1,777,849)	(4,437,142)
Income tax provision	(62,059)	(209,056)	(590,097)	(455,030)
Net Loss	(2,525,555)	(1,778,220)	(2,367,946)	(4,892,172)
Other Comprehensive Income (Loss)
Foreign currency translation adjustment	18,516	69,023	(93,514)	(61,207)
Comprehensive Loss	$ (2,507,039)	$ (1,709,197)	$ (2,461,460)	$ (4,953,379)
Loss per common share- basic and diluted*	$ (0.20)	$ (0.17)	$ (0.19)	$ (0.50)
Weighted average number of common shares outstanding- basic and diluted*	12,434,338	9,870,357	12,320,653	9,764,450

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders Equity - USD ($)	Common Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Income	Accumulated Deficit	Total
Beginning Balance, Shares at Dec. 31, 2018	9,442,537
Beginning Balance, Amount at Dec. 31, 2018	$ 944	$ 23,962,920	$ (57,431)	$ (13,967,030)	$ 9,939,403
Common stock issued with debentures, shares	287,561
Common stock issued with debentures	$ 29	919,795			919,824
Common stock issued to settle deferred purchase consideration,shares	65,298
Common stock issued to settle deferred purchase consideration	$ 7	199,776			196,783
Foreign currency translation adjustment			(130,230)		(130,230)
Net income (loss)				(3,113,952)	(3,113,952)
Ending Balance, Shares at Mar. 31, 2019	9,795,396
Ending Balance, Amount at Mar. 31, 2019	$ 980	25,079,491	(187,661)	(17,080,982)	7,811,828
Beginning Balance, Shares at Dec. 31, 2018	9,442,537
Beginning Balance, Amount at Dec. 31, 2018	$ 944	23,962,920	(57,431)	(13,967,030)	9,939,403
Fair value of warrants issued on convertible debt extensions
Ending Balance, Shares at Jun. 30, 2019	9,918,517
Ending Balance, Amount at Jun. 30, 2019	$ 992	25,462,926	(118,638)	(18,859,202)	6,486,078
Beginning Balance, Shares at Dec. 31, 2018	9,442,537
Beginning Balance, Amount at Dec. 31, 2018	$ 944	23,962,920	(57,431)	(13,967,030)	9,939,403
Ending Balance, Shares at Dec. 31, 2019	11,949,042
Ending Balance, Amount at Dec. 31, 2019	$ 1,194	32,218,643	(176,717)	(23,241,835)	8,801,285
Beginning Balance, Shares at Mar. 31, 2019	9,795,396
Beginning Balance, Amount at Mar. 31, 2019	$ 980	25,079,491	(187,661)	(17,080,982)	7,811,828
Common stock issued with debentures, shares	32,785
Common stock issued with debentures	$ 3	104,908			104,911
Common stock issued for the purchase of subsidiaries, shares	90,336
Common stock issued for the purchase of subsidiaries	$ 9	278,527			278,536
Fair value of warrants issued on convertible debt extensions
Foreign currency translation adjustment			69,023		69,023
Net income (loss)				(1,778,220)	(1,778,220)
Ending Balance, Shares at Jun. 30, 2019	9,918,517
Ending Balance, Amount at Jun. 30, 2019	$ 992	25,462,926	(118,638)	(18,859,202)	6,486,078
Beginning Balance, Shares at Dec. 31, 2019	11,949,042
Beginning Balance, Amount at Dec. 31, 2019	$ 1,194	32,218,643	(176,717)	(23,241,835)	8,801,285
Common stock issued with debentures, shares	123,399
Common stock issued with debentures	$ 12	395,241			395,253
Common stock issued to settle deferred purchase consideration,shares	204,437
Common stock issued to settle deferred purchase consideration	$ 21	842,411			842,432
Stock based compensation expense		118,818			118,818
Foreign currency translation adjustment			(112,030)		(112,030)
Net income (loss)				157,609	157,609
Ending Balance, Shares at Mar. 31, 2020	12,276,878
Ending Balance, Amount at Mar. 31, 2020	$ 1,227	33,575,113	(288,747)	(23,084,226)	10,203,367
Beginning Balance, Shares at Dec. 31, 2019	11,949,042
Beginning Balance, Amount at Dec. 31, 2019	$ 1,194	32,218,643	(176,717)	(23,241,835)	8,801,285
Fair value of warrants issued on convertible debt extensions					719,390
Ending Balance, Shares at Jun. 30, 2020	12,495,002
Ending Balance, Amount at Jun. 30, 2020	$ 1,249	34,981,284	(270,231)	(25,609,781)	9,102,521
Beginning Balance, Shares at Mar. 31, 2020	12,276,878
Beginning Balance, Amount at Mar. 31, 2020	$ 1,227	33,575,113	(288,747)	(23,084,226)	10,203,367
Common stock issued with debentures, shares	103,586
Common stock issued with debentures	$ 11	333,074			333,085
Common stock issued to settle deferred purchase consideration,shares	114,538
Common stock issued to settle deferred purchase consideration	$ 11	273,736			273,747
Stock based compensation expense		79,971			79,971
Fair value of warrants issued on convertible debt extensions		719,390			719,390
Foreign currency translation adjustment			18,516		18,516
Net income (loss)				(2,525,555)	(2,525,555)
Ending Balance, Shares at Jun. 30, 2020	12,495,002
Ending Balance, Amount at Jun. 30, 2020	$ 1,249	$ 34,981,284	$ (270,231)	$ (25,609,781)	$ 9,102,521

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Cash Flows from Operating Activities
Net Income (Loss)	$ (2,367,946)	$ (4,892,172)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Depreciation and amortization	459,434	445,990
Amortization of deferred costs	737,074	2,096,080
Non-cash interest	152,188	409,114
Stock option compensation expense	198,789
Loss on extinguishment of convertible debt	719,390
Loss on debt conversions		35,943
Unrealized (gain) loss on marketable securities	(722,500)	25,000
Movement in deferred taxation	(46,720)	(38,934)
Changes in Operating Assets and Liabilities
Prepaid expenses	6,435	(7,732)
Accounts payable and accrued liabilities	2,141,717	(444,743)
Accounts receivable	(1,205)	(57,679)
Gaming accounts receivable	334,186	357,886
Gaming accounts liabilities	(956,208)	1,167,454
Taxes payable	253,275	(53,941)
Due from related parties	12,956
Other current assets	(51,340)	(57,163)
Long term liability	(1,948)	9,296
Net Cash Provided by (Used in) Operating Activities	867,577	(1,005,601)
Cash Flows from Investing Activities
Acquisition of property, plant, and equipment and intangible assets	(87,994)	(54,283)
Acquisition of Virtual Generation, net of cash of $47,268		(216,150)
Net Cash Used in Investing Activities	(87,994)	(270,433)
Cash Flows from Financing Activities
Proceeds from bank credit line		250,000
Repayment of bank loan	(19,925)	(59,007)
Redemption debentures	(8,996)
Proceeds from Government relief loan	29,302
Proceeds from promissory notes, related party	300,000
Repayment of deferred purchase consideration	(209,005)	(173,862)
Repayment of deferred purchase consideration - related parties	(92,444)	(107,986)
Repayment of financial leases	(6,682)	(5,449)
Loan to related party		(11,992)
Repayment of loans advanced to stockholders		6,605
Net Cash Used in Financing Activities	(7,750)	(101,691)
Effect of change in exchange rate	(170,608)	195,864
Net increase (decrease) in cash	601,225	(1,181,861)
Cash, cash equivalents and restricted cash - beginning of the period	6,732,515	7,850,442
Cash, cash equivalents and restricted cash - end of the period	7,333,740	6,668,581
Reconciliation of cash, cash equivalents and restricted cash within the Balance Sheets to the Statement of Cash Flows
Cash and cash equivalents	5,783,449	5,179,403
Restricted cash included in non-current assets	1,550,291	1,439,784
Supplemental disclosure of cash flow information
Cash paid during the period for: Interest	23,613	13,955
Cash paid during the period for: Income tax	378,471	473,679
Supplemental cash flow disclosure for non-cash activities
Common shares issued for the acquisition of subsidiaries	1,116,179	272,307
Common shares issued on conversion of debentures	$ 728,338	$ 104,911

Consolidated Statements of Ca_2

Consolidated Statements of Cash Flows (Parenthetical)	6 Months Ended
	Jun. 30, 2019USD ($)
Statement of Cash Flows [Abstract]
Acquisition of Virtual Generation, cash	$ 47,268

Nature of Business

Nature of Business	6 Months Ended
	Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Business	1. Nature of Business Established in the state of Delaware in 1998, Newgioco Group, Inc. (“Newgioco Group” or the “Company”) is an international, vertically integrated commercial-stage company engaged in various aspects of the leisure gaming industry. The Company is a licensed gaming operator in the regulated Italian leisure betting market offering gaming services, including a variety of lottery, casino gaming and sports betting products through two distribution channels: an online channel and a land-based retail channel. Additionally, the Company is a global gaming technology company (known as a “Provider”), which owns and operates a betting software designed with a unique “distributed model” (“shop-client”) software architecture colloquially named Elys Game Board (the “Platform”). The Platform is a fully integrated “omni-channel” framework that combines centralized technology for updating, servicing and operations with multi-channel functionality to accept all forms of customer payment through the two distribution channels described above. The omni-channel software design is fully integrated with a built-in player gaming account management system and sports book. The entities included in these unaudited condensed consolidated financial statements are as follows: Name Acquisition or Formation Date Domicile Functional Currency Newgioco Group, Inc. Parent Company USA US Dollar Multigioco Srl (“Multigioco”) August 15, 2014 Italy Euro Ulisse GmbH (“Ulisse”) July 1, 2016 Austria Euro Odissea Betriebsinformatik Beratung GmbH (“Odissea”) July 1, 2016 Austria Euro Virtual Generation Limited (“VG”) January 31, 2019 Malta Euro Newgioco Group Inc. (“NG Canada”) January 17, 2017 Canada Canadian Dollar Elys Technology Group Limited (“Elys”) April 4, 2019 Malta Euro Newgioco Colombia SAS November 22, 2019 Colombia Colombian Peso Elys Gameboard Technologies, LLC May 28, 2020 USA US Dollar The Company distributed all of the earnings of Naos Holdings Limited and dissolved the Company effective December 31, 2019. The operations of the Company’s previous subsidiary, Rifa Srl, was absorbed into the operations of Multigioco Srl with effect from January 30, 2020, the remaining legal entity was dissolved with effect from January 20, 2020. The Company operates in two lines of business: (i) provider of certified betting Platform software services to leisure betting establishments in Italy and 11 other countries and; (ii) the operating of web based as well as land based leisure betting establishments situated throughout Italy. The Company’s operations are carried out through the following three geographically organized groups: a) an operational group is based in Europe and maintains administrative offices headquartered in Rome, Italy with satellite offices for operations administration in Naples and Teramo, Italy and San Gwann, Malta; b) a technology group which is based in Innsbruck, Austria and manages software development, training and administration; and c) a corporate group which is based in North America and operates out of our principal executive offices in Toronto, Canada and satellite offices in the USA in Fort Lauderdale and Boca Raton, Florida, through which we carry-out corporate activities, handle day-to-day reporting and U.S. development planning, and through which various independent contractors and vendors are engaged.

Accounting Policies and Estimat

Accounting Policies and Estimates	6 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
Accounting Policies and Estimates	2. Accounting Policies and Estimates Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and the rules and regulations of the Securities and Exchange Commission. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three and six months ended June 30, 2020 are not necessarily indicative of the results that may be expected for the fiscal year ending December 31, 2020. The balance sheet at December 31, 2019 has been derived from the Company’s audited consolidated financial statements at that date but does not include all of the information and footnotes required by U.S. GAAP for complete financial statements. For further information, please refer to the consolidated financial statements and footnotes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019, as filed with the U.S. Securities and Exchange Commission (“SEC”). All amounts referred to in the Notes to the unaudited condensed consolidated financial statements are in United States Dollars ($) unless stated otherwise. Impact of COVID-19 As a result of the global outbreak of the COVID-19 virus, on March 8, 2020 the Italian government issued a decree which imposed certain restrictions and closures of public gatherings and travel which included betting shops, arcades and bingo halls across Italy until April 3, 2020. Accordingly, the Company temporarily closed approximately 150 betting shop locations throughout Italy as a result of the decree until May 4, 2020, when the Company began reopening physical webshop locations. Subsequently, on March 10, 2020 the Italian government imposed further restrictions on travel throughout Italy as well as transborder crossings and have either postponed or cancelled most professional sports events which has had an effect on the Company’s overall sports betting handle and revenues and may negatively impact the Company’s operating results. On June 19, 2020 all land-based betting shops, including corner locations such as coffee shops throughout Italy reopened. The closing of physical betting shop locations did not affect our online and mobile business operations which mitigated some of the impact. We anticipate that COVID-19 will continue to negatively impact our operating results in future periods, however, the duration and scope of the COVID-19 outbreak worldwide, including the impact to the state and local economies is not readily determinable at this time. Principles of consolidation The unaudited condensed consolidated financial statements include the financial statements of the Company and its subsidiaries, all of which are wholly-owned. All significant inter-company accounts and transactions have been eliminated in the unaudited condensed consolidated financial statements. Certain items in the prior periods were reclassified to conform to the current period presentation. Foreign operations The Company translated the assets and liabilities of its foreign subsidiaries into US Dollars at the exchange rate in effect at year end and the results of operations and cash flows at the average rate throughout the year. The translation adjustments are recorded directly as a separate component of stockholders’ equity, while transaction gains (losses) are included in net income (loss). All revenues were generated in Euro during the years presented. Gains and losses from foreign currency transactions are recognized in current operations. Business Combinations The Company allocates the fair value of purchase consideration to the tangible and intangible assets acquired and liabilities assumed based on their estimated fair values. The excess of the fair value of purchase consideration over the fair values of these identifiable assets and liabilities is recorded as goodwill. Such valuations require management to make significant estimates and assumptions, especially with respect to intangible assets. Significant estimates in valuing certain intangible assets include, but are not limited to, future expected cash flows from acquired users, acquired technology, and trade names from a market participant perspective, useful lives and discount rates. Management's estimates of fair value are based upon assumptions believed to be reasonable, but which are inherently uncertain and unpredictable and, as a result, actual results may differ from estimates. Use of Estimates The preparation of unaudited condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from those estimates. These estimates and assumptions include valuing equity securities issued in share-based payment arrangements, determining the fair value of assets acquired, allocation of purchase price, impairment of long-lived assets, the collectability of receivables, leasing arrangements, convertible debentures, contingencies and the value of deferred taxes and related valuation allowances. Certain estimates, including evaluating the collectability of receivables and advances, could be affected by external conditions, including those unique to the Company’s industry and general economic conditions. It is possible that these external factors could have an effect on the Company’s estimates that could cause actual results to differ from the Company’s estimates. The Company re-evaluates all of its accounting estimates at least quarterly based on these conditions and record adjustments when necessary. Loss Contingencies The Company may be subject to claims, suits, government investigations, and other proceedings involving competition and antitrust, intellectual property, privacy, indirect taxes, labor and employment, commercial disputes, content generated by our users, goods and services offered by advertisers or publishers using the Company’s website platforms, and other matters. Certain of these matters include speculative claims for substantial or indeterminate amounts of damages. The Company records a liability when it believes that it is both probable that a loss has been incurred, and the amount can be reasonably estimated. If the Company determines that a loss is possible, and a range of the loss can be reasonably estimated, it discloses the range of the possible loss in the Notes to the unaudited condensed Consolidated Financial Statements. The Company evaluates, on a regular basis, developments in its legal matters that could affect the amount of liability that has been previously accrued, and the matters and related ranges of possible losses disclosed and makes adjustments and changes to our disclosures as appropriate. Significant judgment is required to determine both likelihood of there being and the estimated amount of a loss related to such matters. Until the final resolution of such matters, there may be an exposure to loss in excess of the amount recorded, and such amounts could be material. Should any of the Company’s estimates and assumptions change or prove to have been incorrect, it could have a material impact on its business, consolidated financial position, results of operations, or cash flows. To date, none of these types of litigation matters, most of which are typically covered by insurance, has had a material impact on the Company’s operations or financial condition. The Company has insured and continues to insure against most of these types of claims. Fair Value Measurements ASC Topic 820, Fair Value Measurement and Disclosures, defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. This topic also establishes a fair value hierarchy which requires classification based on observable and unobservable inputs when measuring fair value. There are three levels of inputs that may be used to measure fair value: Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2: Inputs other than quoted prices that are observable, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active. Level 3: Unobservable inputs in which little or no market data exists, therefore using estimates and assumptions developed by us, which reflect those that a market participant would use. The carrying value of the Company's accounts receivables, gaming accounts receivable, lines of credit - bank, accounts payable, gaming accounts payable and bank loans payable approximate fair value because of the short-term maturity of these financial instruments. Derivative Financial Instruments ASC 815 generally provides three criteria that, if met, require companies to bifurcate conversion options from their host instruments and account for them as free standing derivative financial instruments. These three criteria include circumstances in which (a) the economic characteristics and risks of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract, (b) the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not re- measured at fair value under otherwise applicable generally accepted accounting principles with changes in fair value reported in earnings as they occur and (c) a separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument subject to the requirements of ASC 815. ASC 815 also provides an exception to this rule when the host instrument is deemed to be conventional, as described. Cash and Cash Equivalents The Company considers all highly liquid debt instruments with maturities of three months or less at the time acquired to be cash equivalents. The Company had no cash equivalents as of June 30, 2020 and December 31, 2019, respectively. The Company primarily places cash balances in the USA with high-credit quality financial institutions located in the United States which are insured by the Federal Deposit Insurance Corporation up to a limit of $250,000 per institution, in Canada which are insured by the Canadian Deposit Insurance Corporation up to a limit of CDN$100,000 per institution, in Italy which is insured by the Italian deposit guarantee fund Fondo Interbancario di Tutela dei Depositi (FITD) up to a limit of €100,000 per institution, and in Germany which is a member of the Deposit Protection Fund of the Association of German Banks (Einlagensicherungsfonds des Bundesverbandes deutscher Banken) up to a limit of €100,000 per institution. Gaming Accounts Receivable Gaming accounts receivable represent gaming deposits made by customers to their online gaming accounts either directly by credit card, bank wire, e-wallet or other accepted method through one of our websites or indirectly by cash collected at the cashier of a betting shop but not yet credited to the Company’s bank accounts and subject to normal trade collection terms without discounts. The Company periodically evaluates the collectability of its gaming accounts receivable and considers the need to record or adjust an allowance for doubtful accounts based upon historical collection experience and specific customer information. Actual amounts could vary from the recorded estimates. The Company does not require collateral to support customer receivables. The Company recorded no bad debt expense for the three months ended June 30, 2020 and 2019. Gaming Accounts Payable Gaming accounts payable represent customer balances, including winnings and deposits, that are held as credits in online gaming accounts and have not as of yet been used or withdrawn by the customers. Customers can request payment of winnings from the Company at any time and the payment to customers can be made through bank wire, credit card, or cash disbursement from one of our locations. Online gaming account credit balances are non-interest bearing. Long-Lived Assets The Company evaluates the carrying value of its long-lived assets for impairment by comparing the expected undiscounted future cash flows of the assets to the net book value of the assets when events or circumstances indicate that the carrying amount of a long-lived asset may not be recoverable. If the expected undiscounted future cash flows are less than the net book value of the assets, the excess of the net book value over the estimated fair value will be charged to earnings. Fair value is based upon discounted cash flows of the assets at a rate deemed reasonable for the type of asset and prevailing market conditions, appraisals, and, if appropriate, current estimated net sales proceeds from pending offers. Plant and Equipment Plant and equipment is stated at acquisition cost less accumulated depreciation and adjustments for impairment losses. Expenditures are capitalized only when they increase the future economic benefits embodied in an item of plant and equipment. All other expenditures are recognized as expenses in the statement of operations as incurred. Depreciation is charged on a straight-line basis over the estimated remaining useful lives of the individual assets. Amortization commences from the time an asset is put into operation. The range of the estimated useful lives is as follows: Description Useful Life (in years) Leasehold improvements Life of the underlying lease Computer and office equipment 3 to5 Furniture and fittings 7 to 10 Computer Software 3 to 5 Vehicles 4 to 5 Intangible Assets Intangible assets are stated at acquisition cost less accumulated amortization, if applicable, less any adjustments for impairment losses. Amortization is charged on a straight-line basis over the estimated remaining useful lives of the individual intangibles. Where intangibles are deemed to be impaired the Company recognizes an impairment loss measured as the difference between the estimated fair value of the intangible and its book value. The range of the estimated useful lives is as follows: Description Useful Life (in years) Betting Platform Software 15 Ulisse Bookmaker License Indefinite Multigioco and Rifa ADM Licenses 1.5 - 7 Location contracts 5 - 7 Customer relationships 10 - 15 Trademarks/Tradenames 14 Websites 5 The Ulisse Bookmaker has no expiration date and is therefore not amortized. Goodwill The Company allocates the fair value of purchase consideration to the tangible and intangible assets acquired and liabilities assumed based on their estimated fair values. The excess of the fair value of purchase consideration over the fair values of these identifiable assets and liabilities is recorded as goodwill. Such valuations require management to make significant estimates and assumptions, especially with respect to intangible assets. Significant estimates in valuing certain intangible assets include, but are not limited to, future expected cash flows from acquired users, acquired technology, and trade names from a market participant perspective, useful lives and discount rates. Management's estimates of fair value are based upon assumptions believed to be reasonable, but which are inherently uncertain and unpredictable and, as a result, actual results may differ from estimates. The Company annually assesses whether the carrying value of its goodwill exceeds their fair value and, if necessary, records an impairment loss equal to any such excess. Each interim reporting period, the Company performs a qualitative assessment to determine whether events or circumstances have occurred which indicate that the carrying amount of goodwill exceeds its fair value. If there are indications that impairment may be appropriate the Company will perform a quantitative analysis to determine if impairment is necessary. As of June 30, 2020, there were no qualitative indications that impairment of intangible assets or goodwill may be appropriate. Although the COVID-19 pandemic is expected to have an impact on the Company’s business, the impact is expected to be temporary and the Company has a mitigating factor in that the web-based turnover generated by the Company has increased, mitigating a portion of the effect of the COVID-19 pandemic on the Company's land-based turnover. Income Taxes The Company uses the asset and liability method of accounting for income taxes in accordance with ASC Topic 740, “Income Taxes.” Under this method, income tax expense is recognized for the amount of: (i) taxes payable or refundable for the current year and (ii) deferred tax consequences of temporary differences resulting from matters that have been recognized in an entity's financial statements or tax returns. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the results of operations in the period that includes the enactment date. A valuation allowance is provided to reduce the deferred tax assets reported if based on the weight of the available positive and negative evidence, it is more likely than not some portion or all of the deferred tax assets will not be realized. ASC Topic 740-10-30 clarifies the accounting for uncertainty in income taxes recognized in an enterprise's financial statements and prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC Topic 740.10.40 provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. The Company has no material uncertain tax positions for any of the reporting periods presented. In Italy, tax years beginning 2015 forward, are open and subject to examination, while in Austria companies are open and subject to inspection for five years and ten years for inspection of serious infractions. In the United States and Canada, tax years beginning 2015 forward, are subject to examination. The Company is not currently under examination and it has not been notified of a pending examination. Revenue Recognition The Company recognizes revenue when control of its products and services is transferred to its customers in an amount that reflects the consideration the Company expects to receive from its customers in exchange for those products and services. Revenues from sports-betting, casino, cash and skill games, slots, bingo and horse race wagers represent the gross pay-ins (also referred to as turnover) from customers less gaming taxes and payouts to customers. Revenues are recorded when the game is closed which is representative of the point in time at which the Company has satisfied its performance obligation. In addition, the Company receives commissions from the sale of scratch tickets and other lottery games. Commissions are recorded when the ticket for scratch off tickets and lottery tickets are sold. Revenues from the Betting Platform include license fees, training, installation, and product support services. Revenue is recognized when transfer of control to the customer has been made and the Company’s performance obligation has been fulfilled. License fees are calculated as a percentage of each licensee’s level of activity and are contingent upon the licensee’s usage. The license fees are recognized on an accrual basis as earned. Stock-Based Compensation The Company records its compensation expense associated with stock options and other forms of equity compensation based on their fair value at the date of grant using the Black-Scholes option pricing model. Stock-based compensation includes amortization related to stock option awards based on the estimated grant date fair value. Stock-based compensation expense related to stock options is recognized ratably over the vesting period of the option. In addition, the Company records expense related to Restricted Stock Units (“RSU’s”) granted based on the fair value of those awards on the grant date. The fair value related to the RSUs is amortized to expense over the vesting term of those awards. Forfeitures of stock options and RSUs are recognized as they occur. Stock-based compensation expense for a stock-based award with a performance condition is recognized when the achievement of such performance condition is determined to be probable. If the outcome of such performance condition is not determined to be probable or is not met, no compensation expense is recognized and any previously recognized compensation expense is reversed. Comprehensive Income (Loss) Comprehensive income (loss) is defined as the change in equity of a business enterprise during a period from transactions and other events and circumstances from non-owner sources, including foreign currency translation adjustments. Earnings Per Share Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 260, “Earnings Per Share” provides for calculation of “basic” and “diluted” earnings per share. Basic earnings per share includes no dilution and is computed by dividing net income (loss) available to common shareholders by the weighted average common shares outstanding for the period. Diluted earnings per share reflect the potential dilution of securities that could share in the earnings of an entity and include options and warrants granted and convertible debt, adding back any expenditure directly associated with the convertible instruments, if any. When the Company incurs a net loss, the effect of the Company’s outstanding stock options and warrants and convertible debt are not included in the calculation of diluted earnings (loss) per share as the effect would be anti-dilutive. On December 12, 2019, the Company effected a 1 for 8 reverse stock split, all references made to share or per share amounts in the accompanying unaudited condensed consolidated financial statements and applicable disclosures have been retroactively adjusted to reflect the reverse stock split. Related Parties Parties are considered to be related to the Company if the parties directly or indirectly, through one or more intermediaries, control, are controlled by, or are under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. The Company discloses all related party transactions. All transactions are recorded at fair value of the goods or services exchanged. Recent Accounting Pronouncements In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments-Credit Losses (Topic 326): “Measurement of Credit Losses on Financial Instruments”, which replaces the incurred loss methodology with an expected credit loss methodology that is referred to as the current expected credit loss (CECL) methodology. ASU 2016-13 is effective for fiscal years beginning after December 15, 2019, with early adoption permitted. The amendments in this update are required to be applied using the modified retrospective method with an adjustment to accumulated deficit and are effective for the Company beginning with fiscal year 2020, including interim periods. The measurement of expected credit losses under the CECL methodology is applicable to financial assets measured at amortized cost, including loan receivables and held-to-maturity debt securities. An entity with trade receivables will be required to use historical loss information, current conditions, and reasonable and supportable forecasts to determine expected lifetime credit losses. Pooling of assets with similar risk characteristics is also required. Since adopted on January 1, 2020, there has not been any material impact on the Company’s financial position, results of operations, and related disclosures. In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740), This ASU is effective for fiscal years and interim periods beginning after December 15, 2020. The effects of this ASU on the Company’s financial statements is not considered to be material. The FASB issued several updates during the period, none of these standards are either applicable to the Company or require adoption at a future date and none are expected to have a material impact on the consolidated financial statements upon adoption. Reporting by segment The Company has two operating segments from which it derives revenue. These segments are: (i) provider of certified betting Platform software services to leisure betting establishments in Italy and 11 other countries and; (ii) the operating of web based as well as land based leisure betting establishments situated throughout Italy. Comparatives Certain items in the prior year were reclassified to conform to the current period presentation. These reclassifications had no impact on net loss or comprehensive loss.

Acquisition of subsidiaries

Acquisition of subsidiaries	6 Months Ended
	Jun. 30, 2020
Business Combinations [Abstract]
Acquisition of subsidiaries	3. Acquisition of subsidiaries Virtual Generation Limited (“VG”) Acquisition On January 30, 2019, the Company entered into a Share Exchange Agreement (“VG SPA”), with the shareholders of Virtual Generation (“VG”) organized under the laws of Republic of Malta (the “Sellers”) and acquired all of the issued and outstanding ordinary shares of VG., together with all the ordinary shares of Naos Holding Limited, a company organized under the laws of Republic of Malta (“Naos”) that owned 3,999 of the 4,000 issued and outstanding ordinary shares of VG. VG owns and has developed a virtual gaming software platform. In terms of the agreement, the purchase price was allocated to the fair market value of tangible and intangible assets acquired and liabilities assumed, as follows: Amount Purchase consideration, net of discount of $382,778 $ 4,193,374 Fair value of assets acquired Cash 47,268 Current assets 178,181 Property, Plant and Equipment 41,473 Betting Platform 4,004,594 4,271,516 Less: liabilities assumed (78,141 ) Less: Imputed Deferred taxation on identifiable intangible acquired (Betting platform) (1,401,608 ) Total identifiable assets less liabilities assumed 2,791,767 Goodwill arising on acquisition 1,401,608 Total purchase consideration $ 4,193,375 The Betting Platform value was determined by management, based on prior experience, and is being amortized over a period of 15 years, the expected useful life.

Restricted Cash

Restricted Cash	6 Months Ended
	Jun. 30, 2020
Cash and Cash Equivalents [Abstract]
Restricted Cash	4. Restricted Cash Restricted cash consists of the following: · cash held in a segregated bank account at Intesa Sanpaolo Bank S.p.A. (“Intesa Sanpaolo Bank”) as collateral against the Company’s operating line of credit with Intesa Sanpaolo Bank as well as Wirecard Bank as a security deposit for Ulisse betting operations. · The Company maintains a $1,000,000 deposit at Metropolitan Commercial bank held as security against a $1,000,000 line of credit. See Note 10.

Plant and equipment

Plant and equipment	6 Months Ended
	Jun. 30, 2020
Property, Plant and Equipment [Abstract]
Plant and equipment	5. Plant and equipment June 30, 2020 December 31, 2019 Cost Accumulated depreciation Net book value Net book value Leasehold improvements $ 57,548 $ (19,574 ) 37,974 $ 32,405 Computer and office equipment 894,936 (599,940 ) 294,996 312,824 Fixtures and fittings 150,708 (89,308 ) 61,400 57,598 Vehicles 97,990 (32,626 ) 65,364 72,526 Computer software 132,365 (90,823 ) 41,542 45,372 $ 1,333,547 $ (832,271 ) 501,276 $ 520,725 The aggregate depreciation charge to operations was $120,578 and $124,264 for the six months ended June 30, 2020 and 2019,respectively. The depreciation policies followed by the Company are described in Note 2.

Leases

Leases	6 Months Ended
	Jun. 30, 2020
Leases [Abstract]
Leases	6. Leases 6. Leases Right of use assets included in the consolidated balance sheet are as follows: June 30, 2020 December 31, 2019 Non-current assets Right of use assets - operating leases, net of amortization $ 684,502 $ 792,078 Right of use assets - finance leases, net of depreciation – included in plant and equipment $ 44,038 $ 37,091 Lease costs consists of the following: Six Months Ended June 30, 2020 2019 Finance lease cost: $ 6,831 $ 15,817 Amortization of right-of-use assets 6,216 15,118 Interest expense on lease liabilities 614 699 Operating lease cost 117,954 95,371 Total lease cost $ 124,785 $ 111,191 Other lease information: Six Months Ended June 30, 2020 2019 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from finance leases $ (614 ) $ (699 ) Operating cash flows from operating leases (117,954 ) (95,371 ) Financing cash flows from finance leases (6,682 ) (5,449 ) Right-of-use assets obtained in exchange for new finance leases — 15,118 Right-of-use assets disposed of under operating leases prior to lease maturity — (27,517 ) Right-of -use assets obtained in exchange for new operating leases $ — $ 95,622 Weighted average remaining lease term – finance leases 3.07 years 3.88 years Weighted average remaining lease term – operating leases 3.30 years 3.83 years Weighted average discount rate – finance leases 3.57 % 3.48 % Weighted average discount rate – operating leases 3.42 % 3.66 % Maturity of Leases Finance lease liability The amount of future minimum lease payments under finance leases as of June 30, 2020 are as follows: Amount 2020 $ 6,810 2021 10,421 2022 8,437 2023 6,709 2024 808 Total undiscounted minimum future lease payments 33,185 Imputed interest (1,418 ) Total finance lease liability $ 31,767 Disclosed as: Current portion $ 6,246 Non-Current portion 25,521 $ 31,767 The amount of future minimum lease payments under operating leases as of June 30, 2020 are as follows: Amount 2020 $ 102,914 2021 217,014 2022 180,592 2023 150,672 2024 and beyond 28,761 Total undiscounted minimum future lease payments 679,953 Imputed interest (31,535 ) Total operating lease liability $ 648,418 Disclosed as: Current portion $ 99,298 Non-Current portion 549,120 $ 648,418

Intangible Assets

Intangible Assets	6 Months Ended
	Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	7. Intangible Assets Intangible assets consist of the following: June 30, 2020 December 31, 2019 Cost Accumulated amortization Net book Net book Betting platform software $ 5,689,965 $ (826,986 ) 4,862,979 $ 5,052,645 Licenses 10,694,308 (820,912 ) 9,873,396 9,929,495 Location contracts 1,000,000 (840,117 ) 159,883 231,312 Customer relationships 870,927 (331,458 ) 539,469 569,700 Trademarks 116,179 (46,382 ) 69,797 73,875 Websites 40,000 (40,000 ) — — $ 18,411,379 $ (2,905,855 ) 15,505,524 $ 15,857,027 The Company evaluates intangible assets for impairment on an annual basis during the last month of each year and at an interim date if indications of impairment exist. Intangible asset impairment is determined by comparing the fair value of the asset to its carrying amount with an impairment being recognized only when the fair value is less than carrying value and the impairment is deemed to be permanent in nature. The Company recorded $392,378 and $376,457 in amortization expense for finite-lived assets for the six months ended June 30, 2020 and 2019, respectively. Licenses obtained by the Company in the acquisitions of Multigioco and Rifa include a Gioco a Distanza (“GAD”) online license as well as a Bersani and Monti land-based licenses issued by the Italian gaming regulator to Multigioco and Rifa, respectively, as well as an Austrian Bookmaker License through the acquisition of Ulisse.

Goodwill

Goodwill	6 Months Ended
	Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	8. Goodwill June 30, 2020 December 31, 2019 Opening balance $ 1,663,385 $ 262,552 Acquisition of Virtual Generation — 1,401,608 Impairment charge — — Foreign exchange movements (178 ) (775 ) Closing balance $ 1,663,207 $ 1,663,385 Goodwill represents the excess purchase price paid over the fair value of assets acquired, including any other identifiable intangible assets. On January 30, 2019, the Company acquired Virtual Generation Limited, as disclosed in Note 3 above. The goodwill on acquisition arose as the proceeds paid on acquisition exceeded the fair value of the identifiable assets less assumed liabilities and imputed deferred tax liabilities on identifiable intangible assets by $1,401,608. The Company evaluates goodwill for impairment on an annual basis during the last month of each year and at an interim date if indications of impairment exist. Goodwill impairment is determined by comparing the fair value of the asset to its carrying amount with an impairment being recognized only when the fair value is less than carrying value and the impairment is deemed to be permanent in nature.

Marketable Securities

Marketable Securities	6 Months Ended
	Jun. 30, 2020
Investments, All Other Investments [Abstract]
Marketable Securities	9. Marketable Securities Investments in marketable securities consists of 2,500,000 shares of Zoompass Holdings (“Zoompass”) and is accounted for at fair value, with changes recognized in earnings. The shares of Zoompass were last quoted on the OTC market at $0.36 per share on June 30, 2020, resulting in an unrealized gain recorded to earnings related to these securities of $722,500 and an unrealized loss of $25,000 for the six months ended June 30, 2020, respectively.

Line of Credit - Bank

Line of Credit - Bank	6 Months Ended
	Jun. 30, 2020
Debt Disclosure [Abstract]
Line of Credit - Bank	10. Line of Credit - Bank The Company maintains a $1,000,000 secured revolving line of credit from Metropolitan Commercial Bank in New York, which bears a fixed rate of interest of 3.00% on the outstanding balance with an interest only monthly minimum payment, no maturity or due date and is secured by a $1,000,000 security deposit, see Note 4.

Convertible Debentures

Convertible Debentures	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Convertible Debentures	11. Convertible Debentures The accounting treatment relating to the convertible debentures issued was in accordance with the guidance in ASC 480 and ASC 815. As of June 30, 2020 and December 31, 2019, the Company has outstanding, US Dollar convertible debentures in the aggregate principal amount of $1,683,000 and $2,083,000, respectively and Canadian Dollar denominated convertible debentures in the aggregate principal amount of CDN$1,457,000 (approximately $1,085,266) and CDN$1,794,600 (approximately $1,381,737), respectively. The aggregate principal amount of convertible debentures outstanding at June 30, 2020, includes debentures of $10,000 and CDN$65,000 (approximately $48,416) that have matured and have been extended up to August 29, 2020 and a further $600,000 and CDN$242,000 (approximately $180,257) that have matured and have been extended up to September 28, 2020; and a total of $1,073,000 and CDN$1,150,000 (approximately $856,593) due to certain accredited investors that have not been converted and are unsecured and bear interest at 10% and are in default as of June 30, 2020. We are currently in the process of repaying the outstanding balance periodically. The debenture holders could declare a default under the debentures and if the default were to remain uncured, they would have the right to institute legal proceedings. During the six months ended June 30, 2020 and the year ended December 31, 2019, investors in Canadian Dollar convertible debentures converted an aggregate principal amount of CDN$305,600 and CDN$5,006,565, respectively including interest thereon of CDN$42,504 and CDN$770,705, respectively, and investors in US Dollar convertible debentures converted an aggregate principal amount of $400,000 and $1,185,000, respectively, including interest thereon of $70,492 and $133,959, respectively, into 226,793 and 1,866,528 shares of common stock, respectively. The Aggregate convertible debentures outstanding consists of the following: June 30, 2020 December 31, 2019 Principal Outstanding Opening balance $ 3,464,737 $ 8,529,751 Additions — Repaid (7,496 ) — Conversion to equity (625,619 ) (5,240,736 ) Foreign exchange movements (63,356 ) 175,722 2,768,266 3,464,737 Accrued Interest Opening balance 524,227 520,523 Interest expense 150,960 719,004 Repaid (1,499 ) — Conversion to equity (102,104 ) (731,731 ) Foreign exchange movements (8,643 ) 15,504 562,941 524,227 Debenture Discount Opening balance (627,627 ) (4,587,228 ) Amortization 627,627 3,959,601 — (627,627 ) Convertible Debentures, net $ 3,331,207 $ 3,361,337

Deferred Purchase Consideration

Deferred Purchase Consideration	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Deferred Purchase Consideration	12. Deferred Purchase Consideration In terms of the acquisition of Virtual Generation on January 31, 2019, disclosed in Note 3 above, the Company issued non-interest bearing promissory notes of €3,803,000 owing to both related parties and non-related parties. The value of the promissory notes payable related parties was €1,521,200 and to non-related parties was €2,281,800. The promissory notes payable to non-related parties is to be settled as follows: (a) an aggregate of €1,435,200 in cash in 23 equal and consecutive monthly instalments of €62,400 with the first such payment due and payable on the date that was one month after the Closing Date; and (b) an aggregate of €846,600 in shares of the Company’s common stock in 17 equal and consecutive monthly instalments of €49,800 as determined by the average of the closing prices of such shares on the last 10 trading days immediately preceding the determination date of each monthly issuance, which issuances commenced on March 1, 2019. See Note 23 Subsequent Events. Pursuant to the terms of the Purchase Agreement that the Company entered into with VG, the Company agreed to pay the VG Sellers an earnout payment in shares of our common stock equal to an aggregate amount of €500,000 (approximately $561,500), if the amounts of bets made by users of the VG platform grew by more than 5% for the year ended December 31, 2019 compared to the year ended December 31, 2018, based on the 18,449,380 tickets sold in 2019 VG qualified for the earnout payment of 132,735 shares of common stock at a price of $4.23 per share, which shares were issued effective January 2020. The amount due to the non-related VG Sellers amounted to €300,000 (approximately $336,810) and was settled during January 2020 by the issuance of 79,641 shares of common stock at $4.23 per share. The movement on deferred purchase consideration consists of the following: Description June 30, 2020 December 31, 2019 Principal Outstanding Promissory note due to non-related parties $ 1,802,384 $ 2,745,811 Additional earnout earned — 336,810 Settled by the issuance of common shares (669,707 ) (616,387 ) Repayment in cash (209,005 ) (607,555 ) Foreign exchange movements (3,106 ) (56,295 ) 920,566 1,802,384 Present value discount on future payments Present value discount (120,104 ) (242,089 ) Amortization 65,668 117,192 Foreign exchange movements 849 4,793 (53,587 ) (120,104 ) Deferred purchase consideration, net $ 866,979 $ 1,682,280

Bank Loan Payable

Bank Loan Payable	6 Months Ended
	Jun. 30, 2020
Banking and Thrift [Abstract]
Bank Loan Payable	13. Bank Loan Payable In September 2016, the Company obtained a loan of €500,000 (approximately USD $580,000) from Intesa Sanpaolo Bank in Italy, which loan is secured by the Company's assets. The loan has an underlying interest rate of 4.5 points above Euro Inter Bank Offered Rate, subject to quarterly review and is amortized over 57 months ending March 31, 2021. Monthly repayments of €9,760 (approximately USD $11,000) began in January 2017. The Company made payments in the aggregate principal amount of €18,076 (approximately USD $19,925) for the six months ended June 30, 2020. The Company was granted a CDN$40,000 (approximately $29,351) COVID assistance loan on April 20, 2020, with a term of 68 months and a coupon of 0%.

Other long term liabilities

Other long term liabilities	6 Months Ended
	Jun. 30, 2020
Payables and Accruals [Abstract]
Other long term liabilities	14. Other long term liabilities Other long term liabilities represents the Italian “Trattamento di Fine Rapporto” which is a severance amount set up by Italian companies to be paid to employees on termination or retirement as well as shop deposits that are held by Ulisse. Balances of other long term liabilities were as follows: June 30, 2020 December 31, 2019 Severance liability $ 245,619 $ 211,734 Customer deposit balance 372,360 407,810 Total other long term liabilities $ 617,979 $ 619,544

Related Parties

Related Parties	6 Months Ended
	Jun. 30, 2020
Related Party Transactions [Abstract]
Related Parties	15. Related Parties Notes Payable, Related Party The Company received an advance of $300,000 in terms of a Promissory Note (“PN”) entered into with Forte Fixtures and Millworks, Inc., a Company controlled by the brother of our CEO. The PN bears no interest and is repayable on demand. The movement on notes payable, Related Party, consists of the following: June 30, 2020 December 31, 2019 Principal Outstanding Opening balance $ — $ 318,078 Additions 300,000 — Settled by issuance of common shares — (318,078 ) 300,000 — Accrued Interest Opening balance — 113,553 Interest expense — 25,830 Conversion to equity — (139,383 ) — — Promissory Notes Payable – Related Party $ 300,000 $ — Deferred Purchase consideration, Related Party In terms of the acquisition of Virtual Generation on January 31, 2019, disclosed in Note 3 above, the Company issued non-interest bearing promissory notes in the principal amount of €3,803,000 owing to both related parties and non-related parties. The value of the promissory notes payable to non-related parties was €2,281,800 and to related parties was €1,521,200. The related party promissory notes are due to Luca Pasquini, a director and officer of the Company and Gabriele Peroni, an officer of the Company. The promissory notes are to be settled as follows: (a) an aggregate of €956,800 in cash in 23 equal and consecutive monthly instalments of €41,600 with the first such payment due and payable on the date that is one month after the Closing Date; and (b) an aggregate of €564,400 in shares of the Company’s common stock in 17 equal and consecutive monthly instalments of €33,200 as determined by the average of the closing prices of such shares on the last 10 trading days immediately preceding the determination date of each monthly issuance, commencing on March 1, 2019. See Note 23 Subsequent Events. Pursuant to the terms of the Purchase Agreement that the Company entered into with VG, the Company agreed to pay the VG Sellers an earnout payment in shares of our common stock equal to an aggregate amount of €500,000 (approximately $561,500), if the amounts of bets made by users of the VG platform grew by more than 5% for the year ended December 31, 2019 compared to the year ended December 31, 2018, based on the 18,449,380 tickets sold in 2019 VG qualified for the earnout payment of 132,735 shares of common stock at a price of $4.23 per share, which shares were issued effective January 2020. The amount due to the related party VG Sellers amounted to €200,000 (approximately $224,540) and was settled during January 2020 by the issuance of 53,094 shares of common stock at $4.23 per share. The movement on deferred purchase consideration consists of the following: Description June 30, 2020 December 31, 2019 Principal Outstanding Promissory notes due to related parties $ 1,279,430 $ 1,830,541 Additional earnout earned — 224,540 Settled by the issuance of common shares (446,471 ) (410,925 ) Repayment in cash (92,444 ) (328,734 ) Foreign exchange movements (2,174 ) (35,992 ) 738,341 1,279,430 Present value discount on future payments Present value discount (80,069 ) (161,393 ) Amortization 43,779 78,128 Foreign exchange movements 565 3,196 (35,725 ) (80,069 ) Deferred purchase consideration, net $ 702,616 $ 1,199,361 Related party (payables) receivables Related party payables and receivables represent non-interest-bearing (payables) receivables that are due on demand. The balances outstanding are as follows: June 30, 2020 December 31, 2019 Related Party payables Gold Street Capital Corp. $ (10,507 ) $ (2,551 ) Luca Pasquini (4,407 ) — $ (14,914 ) $ (2,551 ) Related Party Receivables Luca Pasquini $ 1,395 $ 4,123 Amounts due to Gold Street Capital Corp., the major stockholder of Newgioco Group, are for reimbursement of expenses. Amounts due to Luca Pasquini is for advances made to various subsidiaries for working capital purposes. Michele Ciavarella On July 5, 2019, the Company issued to Mr. Ciavarella, the Chief Executive Officer and chairman of the board and officer of the Company, ten year options to purchase 39,375 shares of common stock at an exercise price of $2.96 per share. On August 29, 2019, the Company issued to Mr. Ciavarella ten year options to purchase 25,000 shares of common stock at an exercise price of $2.80 per share. On September 4, 2019, Mr. Ciavarella converted $500,000 of accrued salaries into 125,000 shares of common stock at. Conversion price of $4.00 per share. Gold Street Capital Gold Street Capital is wholly owned by Gilda Ciavarella, the spouse of Mr. Ciavarella. On September 4, 2019, the Company issued 15,196 shares of common stock to Gold Street Capital in settlement of $48,508 of advances made to the Company for certain reimbursable expenses. Luca Pasquini On January 31, 2019, the Company acquired Virtual Generation for €4,000,000 (approximately $4,576,352), Mr. Pasquini was a 20% owner of Virtual Generation and was due gross proceeds of €800,000 (approximately $915,270). The gross proceeds of €800,000 was to be settled by a payment in cash of €500,000 over a twelve month period and by the issuance of common stock valued at €300,000 over an eighteen month period. As of June 30, 2020, the Company has paid Mr. Pasquini cash of €145,600 (approximately $162,639) and issued 98,405 shares valued at €215,800 (approximately $241,313) In addition, due to the attainment of an earnout clause per the agreement, a further €500,000 (approximately $561,351) was earned as of December 31, 2019, of which Mr. Pasquini’s share was €100,000 (approximately $112,270), which earnout was settled by the issue of 26,547 shares of common stock during January 2020. On August 29, 2019, the Company issued to Mr. Pasquini, ten year options to purchase 25,000 shares of common stock at an exercise price of $2.80 per share. Gabriele Peroni On January 31, 2019, the Company acquired Virtual Generation Limited for €4,000,000 (approximately $4,576,352), Mr. Peroni was a 20% owner of Virtual Generation and was due gross proceeds of €800,000 (approximately $915,270). The gross proceeds of €800,000 was to be settled by a payment in cash of €500,000 over a twelve month period and by the issuance of common stock valued at €300,000 over an eighteen month period. As of June 30, 2020, the Company has paid Mr. Peroni cash of €187,200 (approximately $209,107) and issued 98,405 shares valued at €215,800 (approximately $241,313). In addition, due to the attainment of an earnout clause per the agreement, a further €500,000 (approximately $561,351) was earned as of December 31, 2019, of which Mr. Peroni’s share was €100,000 (approximately $112,270), which earnout was settled by the issue of 26,547 shares of common stock during January 2020. On August 29, 2019, the Company issued to Mr. Peroni, ten year options to purchase 25,000 shares of common stock at an exercise price of $2.80 per share. Alessandro Marcelli On August 29, 2019, the Company issued to Mr. Marcelli, an officer of the Company, ten year options to purchase 25,000 shares of common stock at an exercise price of $2.80 per share. Franco Salvagni On August 29, 2019, the Company issued to Mr. Salvagni, an officer of the Company, ten year options to purchase 25,000 shares of common stock at an exercise price of $2.80 per share. Beniamino Gianfelici On August 29, 2019, the Company issued to Mr. Gianfelici, an officer of the Company, ten year options to purchase 25,000 shares of common stock at an exercise price of $2.80 per share. Mark Korb On July 5, 2019, the Company issued to Mr. Korb, the chief financial officer of the Company, seven year options to purchase 25,000 shares of common stock at an exercise price of $2.72 per share. Paul Sallwasser On July 5, 2019, the Company issued to Mr. Sallwasser, a director of the Company, ten year options to purchase 20,625 shares of common stock at an exercise price of $2.96 per share. Steven Shallcross On July 5, 2019, the Company issued to Mr. Shallcross, a director of the Company, ten year options to purchase 10,313 shares of common stock at an exercise price of $2.96 per share.

Stockholders_ Equity

Stockholders’ Equity	6 Months Ended
	Jun. 30, 2020
Equity [Abstract]
Stockholders’ Equity	16. Stockholders’ Equity The Company issued the following shares of common stock to promissory note holders in terms of the agreement entered into for the acquisition of Virtual Generation, as disclosed in Note 3 above. · On January 1, 2020, 22,030 shares of common stock valued at $93,077; · On January 1, 2020, 132,735 shares of common stock valued at $561,350; · On February 27, 2020, 23,890 shares of common stock valued at $91,541; · On March 1, 2020, 25,690 shares of common stock valued at $96,372; · On April 1, 2020, 61,040 shares of common stock valued at $90,745; · On May 1, 2020, 24,390 shares of common stock valued at $91,265; · On June 1, 2020, 29,300 shares of common stock valued at $92,321 For the six months ended June 30, 2020, the Company issued a total of 226,985 shares of common stock, valued at $728,338, upon the conversion of convertible debentures into equity and for the year ended December 31, 2019, the Company issued a total of 1,866,528 shares of common stock, valued at $5,972,507, upon the conversion of convertible debentures into equity (Note 11). On April 22, 2019, the Company issued 14,083 shares of common stock, valued at $45,066, to certain convertible debenture holders as an incentive for them to transfer their convertible debentures to another investor. Between September 4, 2019 and September 17, 2019, the Company issued 284,721 shares of common stock, valued at $728,884 in settlement of promissory notes amounting to $457,461 and other liabilities amounting to $553,525.

Warrants

Warrants	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Warrants	17. Warrants A summary of all of the Company’s warrant activity during the period January 1, 2019 to June 30, 2020 is as follows: Number of shares Exercise price per share Weighted average exercise price Outstanding January 1, 2019 76,566 $ 4.32 $ 4.32 Granted 1,096,224 4.00 4.00 Forfeited/cancelled (27,000 ) 5.04 5.04 Exercised (40,761 ) 4.64 4.64 Expired (15,555 ) 4.64 4.64 Outstanding December 31, 2019 1,089,474 $ 4.00 $ 4.00 Granted 374,373 3.75 to 5.00 3.99 Forfeited/cancelled (1,089,474 ) 4.00 4.00 Exercised — — — Outstanding June 30, 2020 374,373 $ 3.75 to 5.00 $ 3.99 The following tables summarize information about warrants outstanding as of June 30, 2020: Warrants outstanding Warrants exercisable Exercise price Number of shares Weighted average remaining years Weighted average exercise price Number of shares Weighted average exercise price $ 3.75 301,644 1.92 $ 3.75 301,644 $ 3.75 5.00 72,729 2.79 5.00 72,729 5.00 374,373 2.08 $ 3.99 374,373 $ 3,99

Stock Options

Stock Options	6 Months Ended
	Jun. 30, 2020
Share-based Payment Arrangement [Abstract]
Stock Options	18. Stock Options In September 2018, our stockholders approved our 2018 Equity Incentive Plan, which provides for a maximum of 1,150,000 awards that can be issued as options, stock appreciation rights, restricted stock, stock units, other equity awards or cash awards. No awards were granted under the 2018 Equity Incentive Plan as of December 31, 2018. During July 2019, we issued an aggregate of 95,313 options to purchase common stock, of which options to purchase 25,000 shares of common stock were issued to our Chief Financial Officer, options to purchase 39,375 shares of common stock were issued to our Chief Executive Officer and options to purchase 30,938 shares of common stock were issued to directors. During August 2019, we issued an aggregate of 150,000 options to purchase shares of common stock of which options to purchase 25,000 shares of common stock were issued to each of Michele Ciavarella, our Chief Executive Officer, Alessandro Marcelli, our Vice President of Operations, Luca Pasquini, our Vice President of Technology, Gabriele Peroni, our Vice President Business Development, Franco Salvagni, our Vice President of Land-based Operations and Beniamino Gianfelici, our Vice President Regulatory Affairs. On November 11, 2019 we issued options to purchase 70,625 shares of common stock to various employees at an exercise price of $2.80 per share. As of June 30, 2020, there was an aggregate of 315,938 options to purchase shares of common stock granted under our 2018 Equity Incentive Plan and 834,062 reserved for future grants. A summary of all of the Company’s option activity during the period January 1, 2019 to June 30, 2020 is as follows: Number of shares Exercise price per share Weighted average exercise price Outstanding January 1, 2019 — $ — $ — Granted 315,938 2.72 to 2.96 2.84 Forfeited/cancelled — — — Exercised — — — Expired — — — Outstanding December 31, 2019 315,938 $ 2.72 to 2.96 2.84 Granted — — — Forfeited/cancelled — — — Exercised — — — Outstanding June 30, 2020 315,938 $ 2.72 to 2.96 $ 2.84 The following tables summarize information about stock options outstanding as of June 30, 2020: Options outstanding Options exercisable Exercise price Number of shares Weighted average remaining years Weighted Average exercise price Number of shares Weighted average exercise price $ 2.72 25,000 6.01 — $ 2.80 220,625 9.23 97,800 $ 2.96 70,313 9.02 67,734 315,938 8.80 $ 2.84 165,534 $ 2.87 As of June 30, 2020, there were unvested options to purchase 150,404 shares of common stock. Total expected unrecognized compensation cost related to such unvested options is 499,318 which is expected to be recognized over a period of 41 months. The intrinsic value of the options at June 30, 2020 was $0.

Revenues

Revenues	6 Months Ended
	Jun. 30, 2020
Segment Reporting [Abstract]
Revenues	19. Revenues The following table represents disaggregated revenues from our gaming operations for the three and six months ended June 30, 2020 and 2019. Net Gaming Revenues represents Turnover (also referred to as “Handle”), the total bets processed for the period, less customer winnings paid out, commissions paid to agents, and taxes due to government authorities, while Commission Revenues represents commissions on lotto ticket sales and Service Revenues is revenue invoiced for our Elys software service and royalties invoiced for the sale of virtual products. Three Months Ended Six Months Ended June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 Turnover Turnover web-based $ 89,855,358 $ 88,647,748 $ 182,231,464 $ 175,223,649 Turnover land-based 4,210,173 10,617,656 27,812,258 61,017,220 Total Turnover 94,065,531 99,265,404 210,043,722 236,240,869 Winnings/Payouts Winnings web-based 84,604,648 81,857,558 170,700,270 164,120,495 Winnings land-based 3,599,916 7,199,276 21,791,318 51,555,578 Total Winnings/payouts 88,204,564 89,056,834 192,491,588 215,676,073 Gross Gaming Revenues 5,860,967 10,208,570 17,552,134 20,564,796 Less: ADM Gaming Taxes 1,065,693 1,172,993 2,596,488 2,366,739 Net Gaming Revenues 4,795,274 9,035,577 14,955,646 18,198,057 Betting platform and services 14,995 69,776 24,797 173,591 Revenue $ 4,810,269 $ 9,105,353 $ 14,980,443 $ 18,371,648

Loss on extinguishment of conve

Loss on extinguishment of convertible debt	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Loss on extinguishment of convertible debt	20. Loss on extinguishment of convertible debt The company entered into extension agreements with convertible debenture holders with convertible debentures in the aggregate principal amount of $10,000 and CDN$65,000 (approximately $48,416) that had matured on May 31, 2020 extending the maturity date to August 29, 2020 and a further aggregate principal amount of $600,000 and CDN$242,000 (approximately $180,257) that had matured on May 31, 2020, extending the maturity date to September 28, 2020. In terms of the agreements entered into with the convertible note holders, the Company agreed to issue the convertible note holders two year warrants exercisable for 301,644 shares of common stock at an exercise price of $3.75 per share and three year warrants exercisable for 72,729 shares of common stock at an exercise price of $5.00 per share. These warrants were valued using a Black-Scholes valuation model at $719,390. The following assumptions were used in the Black-Scholes model: Six months ended June 30, 2020 Exercise price $3.75 to $5.00 Risk free interest rate 0.16% to 0.19% Expected life of options 2 to 3 years Expected volatility of underlying stock 139.5% to 183.5% Expected dividend rate 0 % The Company considered the extension of the maturity date in terms of ASC 470 – Debt, and determined that, based on the guidance contained in ASC 470 that the extension of the maturity date and the value of the warrants issued to the convertible debt holders resulted in an extinguishment of the existing convertible debt and the creation of a new convertible debt. In terms of ASC 470, the valuation of the warrants of $719,930 is expensed immediately upon the convertible debt extinguishment and any transaction related expenses, of which there were none, would be amortized over the term of the convertible debt.

Net Income (Loss) per Common Sh

Net Income (Loss) per Common Share	6 Months Ended
	Jun. 30, 2020
Earnings Per Share [Abstract]
Net Income (Loss) per Common Share	21. Net Income (Loss) per Common Share Basic income (loss) per share is based on the weighted-average number of common shares outstanding during each period. Diluted income (loss) per share is based on basic shares as determined above, plus the incremental shares that would be issued upon the assumed exercise of “in-the-money” options and warrants using the treasury stock method and the inclusion of all convertible securities, including convertible debentures, assuming these securities were converted at the beginning of the period or at the time of issuance, if later, adding back any direct incremental expenses related to the convertible securities, including interest expense, debt discount amortization. The computation of diluted net income (loss) per share does not assume the issuance of common shares that have an anti-dilutive effect on net loss per share. The computation of the diluted income per share for the three and six months ended June 30, 2020 was anti-dilutive due to the losses realized. For the three and six months ended June 30, 2020 and 2019, the following options, warrants and convertible debentures were excluded from the computation of diluted loss per share as the result of the computation was anti-dilutive: Three and Six Months ended Description June 30, 2020 June 30, 2019 Options 315,938 — Warrants 374,373 1,089,133 Convertible debentures 1,041,002 2,707,652 1,731,313 3,796,785

Segmental Reporting

Segmental Reporting	6 Months Ended
	Jun. 30, 2020
Segment Reporting [Abstract]
Segmental Reporting	22. Segmental Reporting The Company has two reportable operating segments. These segments are: (i) Betting establishments Provider of certified betting Platform software services to leisure betting establishments in Italy and 11 other countries and; (ii) Betting platform software and services The operating of web based as well as land based leisure betting establishments situated throughout Italy. The operating assets and liabilities of the reportable segments are as follows: June 30, 2020 Betting establishments Betting platform software and services All other Total Purchase of non-current assets $ 56,613 $ 31,804 $ — $ 88,417 Assets Current assets 5,631,846 990,614 538,098 7,160,558 Non-current assets 12,530,024 6,403,878 1,870,903 20,804,805 Liabilities Current liabilities (5,668,018 ) (476,375 ) (10,130,392 ) (16,274,785 ) Non-current liabilities (1,265,500 ) (1,293,206 ) (29,351 ) (2,588,057 ) Intercompany balances 4,866,760 (740,080 ) (4,126,680 ) — Net asset position $ 16,095,112 $ 4,884,831 $ (11,877,422 ) $ 9,102,521 The segment operating results of the reportable segments are disclosed as follows: June 30, 2020 Betting establishments Betting platform software and services All other Adjustments Total Net Gaming Revenue $ 14,955,646 $ 24,797 $ — $ — $ 14,980,443 Intercompany Service revenue — 1.209,799 — (1,209,799 ) — 14,955,646 1,234,596 — (1,209,799 ) 14,980,443 Operating expenses Intercompany service expense 1,209,799 — — (1,209,799 ) — Selling expenses 10,165,294 7,233 — — 10,172,527 General and administrative expenses 2,151,956 1,841,608 1,710,824 — 5,704,388 13,527,049 1,848,841 1,710,824 (1,209,799 ) 15,876,915 Income (Loss) from operations 1,428,597 (614,245 ) (1,710,824 ) — (896,472 ) Other (expense) income Other income 25,660 — — — 25,660 Interest expense, net (1,574 ) 7 (171,506 ) — (173,073 ) Amortization of debt discount — — (737,074 ) — (737,074 ) Loss on extinguishment of convertible debt — — (719,390 ) — (719,390 ) Gain (Loss) on marketable securities — 722,500 — 722,500 Total other (expenses) income 24,086 7 (905,470 ) — (881,377 ) Loss before Income Taxes 1,452,683 (614,238 ) (2,616,294 ) — (1,777,849 ) Income tax provision (469,950 ) 41,965 (162,112 ) — (590,097 ) Net Income $ 982,733 $ (572,273 ) $ (2,778,406 ) — $ (2,367,946 ) The operating assets and liabilities of the reportable segments are as follows: June 30, 2019 Betting establishments Betting platform software and services All other Total Purchase of fixed assets $ 45,954 8,329 — 54,283 Assets Current assets 5,906,570 295,887 83,060 6,285,517 Non-current assets 12,700,578 6,853,400 1,253,195 20,807,173 Liabilities Current liabilities (4,107,073 ) (265,308 ) (12,614,520 ) (16,986,901 ) Non-current liabilities (1,380,772 ) (1,407,484 ) (831,455 ) (3,619,711 ) Intercompany balances 3,988,710 109,265 (4,097,975 ) — Net asset position $ 17,108,013 5,585,760 (16,207,695 ) 6,486,078 The segment operating results of the reportable segments are disclosed as follows: June 30, 2019 Betting establishments Betting platform software and services All other Adjustments Total Net Gaming Revenue $ 18,260,490 $ 111,158 $ — $ — $ 18,371,648 Intercompany Service revenue — 1,205,320 — (1,205,320 ) — 18,260,490 1,316,478 — (1,205,320 ) 18,371,648 Operating expenses Intercompany service expense 1,205,320 — — (1,205,320 ) — Selling expenses 13,565,726 110,752 — — 13,676,478 General and administrative expenses 2,257,072 1,436,008 2,864,659 — 6,557,739 17,028,118 1,546,760 2,864,659 (1,205,320 ) 20,234,217 (Loss) income from operations 1,232,372 (230,282 ) (2,864,659 ) — (1,862,569 ) Other (expense) income Other income 7,725 — — — 7,725 Interest expense, net (7,527 ) — (417,748 ) — (425,725 ) Amortization of debt discount — — (2,096,080 ) — (2,096,080 ) Loss on conversion of debt — — (35,943 ) — (35,943 ) Loss on marketable securities — — (25,000 ) (25,000 ) Total other (expenses) income 198 — (2,574,771 ) — (2,574,573 ) Income (Loss) before Income Taxes 1,232,570 (230,282 ) (5,439,430 ) — (4,437,142 ) Income tax provision (485,607 ) 30,577 — — (455,030 ) Net Loss $ 746,963 $ (199,705 ) $ (5,439,430 ) $ — $ (4,892,172 )

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2020
Subsequent Events [Abstract]
Subsequent Events	23. Subsequent Events Subsequent to the period covered by this report, on July 1, 2020 the Company issued 35,130 shares of common stock valued at $93,239 to promissory note holders in terms of the agreement entered into for the acquisition of Virtual Generation, as disclosed in Note 12 and 15 above, and no longer has any remaining stock issuance obligations under the deferred purchase consideration promissory note. The global coronavirus pandemic has created a significant disruption and uncertainty since March 2020. On March 11, 2020, the Company reported that approximately 150 betting shop locations throughout Italy were temporarily closed and that the closing of the physical locations did not affect the Company’s continuing online and mobile operations. The Company has also implemented a smart-work initiative to permit the safe separation of office staff during this period because government forced lockdowns made it impossible for the Company to access its administrative offices in Europe. Additionally, the cancellation of sports events around the world disrupted the Company’s ability to provide its sports betting products through our land-based establishments and online channels. These restrictions and other difficulties, in both not having sports betting events available to wager on and the backlog of tasks imposed on the Company’s employees upon the return to work, are affecting the Company’s ability to consistently deliver its products to market. On July 7, 2020, the Company converted convertible debentures in the aggregate principal amount of CDN$12,000 including interest thereon of CDN$2,525 (approximately $9,106) into 3,342 shares of common stock at a conversion price of $3.20 per share. On July 13, 2020, the Company repurchased convertible debentures in the aggregate principal amount of CDN$10,000 including interest thereon of CDN$2,121 (approximately $9,086) and $5,000 including interest thereon of $1,060. On August 17, 2020, the Company closed its underwritten public offering of 4,166,666 units at a price of $2.40 per unit for gross proceeds of $9,999,998, before underwriting commission of $800,000 and other offering expenses. Each unit consists of one share of common stock and one five year warrant exercisable for one share of common stock at an exercise price of $2.50 per share. The Company granted the underwriters a forty five day option to purchase up to 624,999 units at a price of $2.40 per unit, each unit consisting of one share of common stock and one five year warrant exercisable for one share of common stock at an exercise price of $2.50 per share. The underwriters were also issued a five year warrant exercisable for 208,333 shares of common stock at an exercise price of $3.00 per share. As soon as practicable after the closing of the offering, on August 17, 2020, we intend to repay outstanding unsecured convertible debentures in the aggregate principal amount of $1,063,000, plus accrued interest thereon of approximately $236,130 and CDN$1,150,000 plus accrued interest thereon of CDN$236,827. The Company has evaluated subsequent events through the date the financial statements were issued, other than disclosed above, we did not identify any other subsequent events that would have required adjustment or disclosure in the financial statements.

Accounting Policies and Estim_2

Accounting Policies and Estimates (Policies)	6 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and the rules and regulations of the Securities and Exchange Commission. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three and six months ended June 30, 2020 are not necessarily indicative of the results that may be expected for the fiscal year ending December 31, 2020. The balance sheet at December 31, 2019 has been derived from the Company’s audited consolidated financial statements at that date but does not include all of the information and footnotes required by U.S. GAAP for complete financial statements. For further information, please refer to the consolidated financial statements and footnotes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019, as filed with the U.S. Securities and Exchange Commission (“SEC”). All amounts referred to in the Notes to the unaudited condensed consolidated financial statements are in United States Dollars ($) unless stated otherwise.
Impact of COVID-19	Impact of COVID-19 As a result of the global outbreak of the COVID-19 virus, on March 8, 2020 the Italian government issued a decree which imposed certain restrictions and closures of public gatherings and travel which included betting shops, arcades and bingo halls across Italy until April 3, 2020. Accordingly, the Company temporarily closed approximately 150 betting shop locations throughout Italy as a result of the decree until May 4, 2020, when the Company began reopening physical webshop locations. Subsequently, on March 10, 2020 the Italian government imposed further restrictions on travel throughout Italy as well as transborder crossings and have either postponed or cancelled most professional sports events which has had an effect on the Company’s overall sports betting handle and revenues and may negatively impact the Company’s operating results. On June 19, 2020 all land-based betting shops, including corner locations such as coffee shops throughout Italy reopened. The closing of physical betting shop locations did not affect our online and mobile business operations which mitigated some of the impact. We anticipate that COVID-19 will continue to negatively impact our operating results in future periods, however, the duration and scope of the COVID-19 outbreak worldwide, including the impact to the state and local economies is not readily determinable at this time.
Principles of consolidation	Principles of consolidation The unaudited condensed consolidated financial statements include the financial statements of the Company and its subsidiaries, all of which are wholly-owned. All significant inter-company accounts and transactions have been eliminated in the unaudited condensed consolidated financial statements. Certain items in the prior periods were reclassified to conform to the current period presentation.
Foreign operations	Foreign operations The Company translated the assets and liabilities of its foreign subsidiaries into US Dollars at the exchange rate in effect at year end and the results of operations and cash flows at the average rate throughout the year. The translation adjustments are recorded directly as a separate component of stockholders’ equity, while transaction gains (losses) are included in net income (loss). All revenues were generated in Euro during the years presented. Gains and losses from foreign currency transactions are recognized in current operations.
Business Combinations	Business Combinations The Company allocates the fair value of purchase consideration to the tangible and intangible assets acquired and liabilities assumed based on their estimated fair values. The excess of the fair value of purchase consideration over the fair values of these identifiable assets and liabilities is recorded as goodwill. Such valuations require management to make significant estimates and assumptions, especially with respect to intangible assets. Significant estimates in valuing certain intangible assets include, but are not limited to, future expected cash flows from acquired users, acquired technology, and trade names from a market participant perspective, useful lives and discount rates. Management's estimates of fair value are based upon assumptions believed to be reasonable, but which are inherently uncertain and unpredictable and, as a result, actual results may differ from estimates.
Use of Estimates	Use of Estimates The preparation of unaudited condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from those estimates. These estimates and assumptions include valuing equity securities issued in share-based payment arrangements, determining the fair value of assets acquired, allocation of purchase price, impairment of long-lived assets, the collectability of receivables, leasing arrangements, convertible debentures, contingencies and the value of deferred taxes and related valuation allowances. Certain estimates, including evaluating the collectability of receivables and advances, could be affected by external conditions, including those unique to the Company’s industry and general economic conditions. It is possible that these external factors could have an effect on the Company’s estimates that could cause actual results to differ from the Company’s estimates. The Company re-evaluates all of its accounting estimates at least quarterly based on these conditions and record adjustments when necessary.
Loss Contingencies	Loss Contingencies The Company may be subject to claims, suits, government investigations, and other proceedings involving competition and antitrust, intellectual property, privacy, indirect taxes, labor and employment, commercial disputes, content generated by our users, goods and services offered by advertisers or publishers using the Company’s website platforms, and other matters. Certain of these matters include speculative claims for substantial or indeterminate amounts of damages. The Company records a liability when it believes that it is both probable that a loss has been incurred, and the amount can be reasonably estimated. If the Company determines that a loss is possible, and a range of the loss can be reasonably estimated, it discloses the range of the possible loss in the Notes to the unaudited condensed Consolidated Financial Statements. The Company evaluates, on a regular basis, developments in its legal matters that could affect the amount of liability that has been previously accrued, and the matters and related ranges of possible losses disclosed and makes adjustments and changes to our disclosures as appropriate. Significant judgment is required to determine both likelihood of there being and the estimated amount of a loss related to such matters. Until the final resolution of such matters, there may be an exposure to loss in excess of the amount recorded, and such amounts could be material. Should any of the Company’s estimates and assumptions change or prove to have been incorrect, it could have a material impact on its business, consolidated financial position, results of operations, or cash flows. To date, none of these types of litigation matters, most of which are typically covered by insurance, has had a material impact on the Company’s operations or financial condition. The Company has insured and continues to insure against most of these types of claims.
Fair Value Measurements	Fair Value Measurements ASC Topic 820, Fair Value Measurement and Disclosures, defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. This topic also establishes a fair value hierarchy which requires classification based on observable and unobservable inputs when measuring fair value. There are three levels of inputs that may be used to measure fair value: Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2: Inputs other than quoted prices that are observable, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active. Level 3: Unobservable inputs in which little or no market data exists, therefore using estimates and assumptions developed by us, which reflect those that a market participant would use. The carrying value of the Company's accounts receivables, gaming accounts receivable, lines of credit - bank, accounts payable, gaming accounts payable and bank loans payable approximate fair value because of the short-term maturity of these financial instruments.
Derivative Financial Instruments	Derivative Financial Instruments ASC 815 generally provides three criteria that, if met, require companies to bifurcate conversion options from their host instruments and account for them as free standing derivative financial instruments. These three criteria include circumstances in which (a) the economic characteristics and risks of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract, (b) the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not re- measured at fair value under otherwise applicable generally accepted accounting principles with changes in fair value reported in earnings as they occur and (c) a separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument subject to the requirements of ASC 815. ASC 815 also provides an exception to this rule when the host instrument is deemed to be conventional, as described.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid debt instruments with maturities of three months or less at the time acquired to be cash equivalents. The Company had no cash equivalents as of June 30, 2020 and December 31, 2019, respectively. The Company primarily places cash balances in the USA with high-credit quality financial institutions located in the United States which are insured by the Federal Deposit Insurance Corporation up to a limit of $250,000 per institution, in Canada which are insured by the Canadian Deposit Insurance Corporation up to a limit of CDN$100,000 per institution, in Italy which is insured by the Italian deposit guarantee fund Fondo Interbancario di Tutela dei Depositi (FITD) up to a limit of €100,000 per institution, and in Germany which is a member of the Deposit Protection Fund of the Association of German Banks (Einlagensicherungsfonds des Bundesverbandes deutscher Banken) up to a limit of €100,000 per institution.
Gaming Accounts Receivable	Gaming Accounts Receivable Gaming accounts receivable represent gaming deposits made by customers to their online gaming accounts either directly by credit card, bank wire, e-wallet or other accepted method through one of our websites or indirectly by cash collected at the cashier of a betting shop but not yet credited to the Company’s bank accounts and subject to normal trade collection terms without discounts. The Company periodically evaluates the collectability of its gaming accounts receivable and considers the need to record or adjust an allowance for doubtful accounts based upon historical collection experience and specific customer information. Actual amounts could vary from the recorded estimates. The Company does not require collateral to support customer receivables. The Company recorded no bad debt expense for the three months ended June 30, 2020 and 2019.
Gaming Accounts Payable	Gaming Accounts Payable Gaming accounts payable represent customer balances, including winnings and deposits, that are held as credits in online gaming accounts and have not as of yet been used or withdrawn by the customers. Customers can request payment of winnings from the Company at any time and the payment to customers can be made through bank wire, credit card, or cash disbursement from one of our locations. Online gaming account credit balances are non-interest bearing.
Long-Lived Assets	Long-Lived Assets The Company evaluates the carrying value of its long-lived assets for impairment by comparing the expected undiscounted future cash flows of the assets to the net book value of the assets when events or circumstances indicate that the carrying amount of a long-lived asset may not be recoverable. If the expected undiscounted future cash flows are less than the net book value of the assets, the excess of the net book value over the estimated fair value will be charged to earnings. Fair value is based upon discounted cash flows of the assets at a rate deemed reasonable for the type of asset and prevailing market conditions, appraisals, and, if appropriate, current estimated net sales proceeds from pending offers.
Plant and Equipment	Plant and Equipment Plant and equipment is stated at acquisition cost less accumulated depreciation and adjustments for impairment losses. Expenditures are capitalized only when they increase the future economic benefits embodied in an item of plant and equipment. All other expenditures are recognized as expenses in the statement of operations as incurred. Depreciation is charged on a straight-line basis over the estimated remaining useful lives of the individual assets. Amortization commences from the time an asset is put into operation. The range of the estimated useful lives is as follows: Description Useful Life (in years) Leasehold improvements Life of the underlying lease Computer and office equipment 3 to5 Furniture and fittings 7 to 10 Computer Software 3 to 5 Vehicles 4 to 5
Intangible Assets	Intangible Assets Intangible assets are stated at acquisition cost less accumulated amortization, if applicable, less any adjustments for impairment losses. Amortization is charged on a straight-line basis over the estimated remaining useful lives of the individual intangibles. Where intangibles are deemed to be impaired the Company recognizes an impairment loss measured as the difference between the estimated fair value of the intangible and its book value. The range of the estimated useful lives is as follows: Description Useful Life (in years) Betting Platform Software 15 Ulisse Bookmaker License Indefinite Multigioco and Rifa ADM Licenses 1.5 - 7 Location contracts 5 - 7 Customer relationships 10 - 15 Trademarks/Tradenames 14 Websites 5 The Ulisse Bookmaker has no expiration date and is therefore not amortized.
Goodwill	Goodwill The Company allocates the fair value of purchase consideration to the tangible and intangible assets acquired and liabilities assumed based on their estimated fair values. The excess of the fair value of purchase consideration over the fair values of these identifiable assets and liabilities is recorded as goodwill. Such valuations require management to make significant estimates and assumptions, especially with respect to intangible assets. Significant estimates in valuing certain intangible assets include, but are not limited to, future expected cash flows from acquired users, acquired technology, and trade names from a market participant perspective, useful lives and discount rates. Management's estimates of fair value are based upon assumptions believed to be reasonable, but which are inherently uncertain and unpredictable and, as a result, actual results may differ from estimates. The Company annually assesses whether the carrying value of its goodwill exceeds their fair value and, if necessary, records an impairment loss equal to any such excess. Each interim reporting period, the Company performs a qualitative assessment to determine whether events or circumstances have occurred which indicate that the carrying amount of goodwill exceeds its fair value. If there are indications that impairment may be appropriate the Company will perform a quantitative analysis to determine if impairment is necessary. As of June 30, 2020, there were no qualitative indications that impairment of intangible assets or goodwill may be appropriate. Although the COVID-19 pandemic is expected to have an impact on the Company’s business, the impact is expected to be temporary and the Company has a mitigating factor in that the web-based turnover generated by the Company has increased, mitigating a portion of the effect of the COVID-19 pandemic on the Company's land-based turnover.
Income Taxes	Income Taxes The Company uses the asset and liability method of accounting for income taxes in accordance with ASC Topic 740, “Income Taxes.” Under this method, income tax expense is recognized for the amount of: (i) taxes payable or refundable for the current year and (ii) deferred tax consequences of temporary differences resulting from matters that have been recognized in an entity's financial statements or tax returns. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the results of operations in the period that includes the enactment date. A valuation allowance is provided to reduce the deferred tax assets reported if based on the weight of the available positive and negative evidence, it is more likely than not some portion or all of the deferred tax assets will not be realized. ASC Topic 740-10-30 clarifies the accounting for uncertainty in income taxes recognized in an enterprise's financial statements and prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC Topic 740.10.40 provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. The Company has no material uncertain tax positions for any of the reporting periods presented. In Italy, tax years beginning 2015 forward, are open and subject to examination, while in Austria companies are open and subject to inspection for five years and ten years for inspection of serious infractions. In the United States and Canada, tax years beginning 2015 forward, are subject to examination. The Company is not currently under examination and it has not been notified of a pending examination.
Revenue Recognition	Revenue Recognition The Company recognizes revenue when control of its products and services is transferred to its customers in an amount that reflects the consideration the Company expects to receive from its customers in exchange for those products and services. Revenues from sports-betting, casino, cash and skill games, slots, bingo and horse race wagers represent the gross pay-ins (also referred to as turnover) from customers less gaming taxes and payouts to customers. Revenues are recorded when the game is closed which is representative of the point in time at which the Company has satisfied its performance obligation. In addition, the Company receives commissions from the sale of scratch tickets and other lottery games. Commissions are recorded when the ticket for scratch off tickets and lottery tickets are sold. Revenues from the Betting Platform include license fees, training, installation, and product support services. Revenue is recognized when transfer of control to the customer has been made and the Company’s performance obligation has been fulfilled. License fees are calculated as a percentage of each licensee’s level of activity and are contingent upon the licensee’s usage. The license fees are recognized on an accrual basis as earned.
Stock-Based Compensation	Stock-Based Compensation The Company records its compensation expense associated with stock options and other forms of equity compensation based on their fair value at the date of grant using the Black-Scholes option pricing model. Stock-based compensation includes amortization related to stock option awards based on the estimated grant date fair value. Stock-based compensation expense related to stock options is recognized ratably over the vesting period of the option. In addition, the Company records expense related to Restricted Stock Units (“RSU’s”) granted based on the fair value of those awards on the grant date. The fair value related to the RSUs is amortized to expense over the vesting term of those awards. Forfeitures of stock options and RSUs are recognized as they occur. Stock-based compensation expense for a stock-based award with a performance condition is recognized when the achievement of such performance condition is determined to be probable. If the outcome of such performance condition is not determined to be probable or is not met, no compensation expense is recognized and any previously recognized compensation expense is reversed.
Comprehensive Income (Loss)	Comprehensive Income (Loss) Comprehensive income (loss) is defined as the change in equity of a business enterprise during a period from transactions and other events and circumstances from non-owner sources, including foreign currency translation adjustments.
Earnings Per Share	Earnings Per Share Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 260, “Earnings Per Share” provides for calculation of “basic” and “diluted” earnings per share. Basic earnings per share includes no dilution and is computed by dividing net income (loss) available to common shareholders by the weighted average common shares outstanding for the period. Diluted earnings per share reflect the potential dilution of securities that could share in the earnings of an entity and include options and warrants granted and convertible debt, adding back any expenditure directly associated with the convertible instruments, if any. When the Company incurs a net loss, the effect of the Company’s outstanding stock options and warrants and convertible debt are not included in the calculation of diluted earnings (loss) per share as the effect would be anti-dilutive. On December 12, 2019, the Company effected a 1 for 8 reverse stock split, all references made to share or per share amounts in the accompanying unaudited condensed consolidated financial statements and applicable disclosures have been retroactively adjusted to reflect the reverse stock split.
Related Parties	Related Parties Parties are considered to be related to the Company if the parties directly or indirectly, through one or more intermediaries, control, are controlled by, or are under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. The Company discloses all related party transactions. All transactions are recorded at fair value of the goods or services exchanged.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments-Credit Losses (Topic 326): “Measurement of Credit Losses on Financial Instruments”, which replaces the incurred loss methodology with an expected credit loss methodology that is referred to as the current expected credit loss (CECL) methodology. ASU 2016-13 is effective for fiscal years beginning after December 15, 2019, with early adoption permitted. The amendments in this update are required to be applied using the modified retrospective method with an adjustment to accumulated deficit and are effective for the Company beginning with fiscal year 2020, including interim periods. The measurement of expected credit losses under the CECL methodology is applicable to financial assets measured at amortized cost, including loan receivables and held-to-maturity debt securities. An entity with trade receivables will be required to use historical loss information, current conditions, and reasonable and supportable forecasts to determine expected lifetime credit losses. Pooling of assets with similar risk characteristics is also required. Since adopted on January 1, 2020, there has not been any material impact on the Company’s financial position, results of operations, and related disclosures. In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740), This ASU is effective for fiscal years and interim periods beginning after December 15, 2020. The effects of this ASU on the Company’s financial statements is not considered to be material. The FASB issued several updates during the period, none of these standards are either applicable to the Company or require adoption at a future date and none are expected to have a material impact on the consolidated financial statements upon adoption.
Reporting by segment	Reporting by segment The Company has two operating segments from which it derives revenue. These segments are: (i) provider of certified betting Platform software services to leisure betting establishments in Italy and 11 other countries and; (ii) the operating of web based as well as land based leisure betting establishments situated throughout Italy.
Comparatives	Comparatives Certain items in the prior year were reclassified to conform to the current period presentation. These reclassifications had no impact on net loss or comprehensive loss.

Accounting Policies and Estim_3

Accounting Policies and Estimates (Tables)	6 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
Plant and Equipment Estimated Useful Life	Description Useful Life (in years) Leasehold improvements Life of the underlying lease Computer and office equipment 3 to5 Furniture and fittings 7 to 10 Computer Software 3 to 5 Vehicles 4 to 5
Intangible Assets Useful Life	Description Useful Life (in years) Betting Platform Software 15 Ulisse Bookmaker License Indefinite Multigioco and Rifa ADM Licenses 1.5 - 7 Location contracts 5 - 7 Customer relationships 10 - 15 Trademarks/Tradenames 14 Websites 5

Acquisition of subsidiaries (Ta

Acquisition of subsidiaries (Tables)	6 Months Ended
	Jun. 30, 2020
Business Combinations [Abstract]
Acquisition of subsidiaries	Amount Purchase consideration, net of discount of $382,778 $ 4,193,374 Fair value of assets acquired Cash 47,268 Current assets 178,181 Property, Plant and Equipment 41,473 Betting Platform 4,004,594 4,271,516 Less: liabilities assumed (78,141 ) Less: Imputed Deferred taxation on identifiable intangible acquired (Betting platform) (1,401,608 ) Total identifiable assets less liabilities assumed 2,791,767 Goodwill arising on acquisition 1,401,608 Total purchase consideration $ 4,193,375

Plant and equipment (Tables)

Plant and equipment (Tables)	6 Months Ended
	Jun. 30, 2020
Property, Plant and Equipment [Abstract]
Property and Equipment	June 30, 2020 December 31, 2019 Cost Accumulated depreciation Net book value Net book value Leasehold improvements $ 57,548 $ (19,574 ) 37,974 $ 32,405 Computer and office equipment 894,936 (599,940 ) 294,996 312,824 Fixtures and fittings 150,708 (89,308 ) 61,400 57,598 Vehicles 97,990 (32,626 ) 65,364 72,526 Computer software 132,365 (90,823 ) 41,542 45,372 $ 1,333,547 $ (832,271 ) 501,276 $ 520,725

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2020
Leases [Abstract]
Right of use assets	Right of use assets included in the consolidated balance sheet are as follows: June 30, 2020 December 31, 2019 Non-current assets Right of use assets - operating leases, net of amortization $ 684,502 $ 792,078 Right of use assets - finance leases, net of depreciation – included in plant and equipment $ 44,038 $ 37,091 Lease costs consists of the following: Six Months Ended June 30, 2020 2019 Finance lease cost: $ 6,831 $ 15,817 Amortization of right-of-use assets 6,216 15,118 Interest expense on lease liabilities 614 699 Operating lease cost 117,954 95,371 Total lease cost $ 124,785 $ 111,191 Other lease information: Six Months Ended June 30, 2020 2019 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from finance leases $ (614 ) $ (699 ) Operating cash flows from operating leases (117,954 ) (95,371 ) Financing cash flows from finance leases (6,682 ) (5,449 ) Right-of-use assets obtained in exchange for new finance leases — 15,118 Right-of-use assets disposed of under operating leases prior to lease maturity — (27,517 ) Right-of -use assets obtained in exchange for new operating leases $ — $ 95,622 Weighted average remaining lease term – finance leases 3.07 years 3.88 years Weighted average remaining lease term – operating leases 3.30 years 3.83 years Weighted average discount rate – finance leases 3.57 % 3.48 % Weighted average discount rate – operating leases 3.42 % 3.66 %
Finance lease liability	Amount 2020 $ 6,810 2021 10,421 2022 8,437 2023 6,709 2024 808 Total undiscounted minimum future lease payments 33,185 Imputed interest (1,418 ) Total finance lease liability $ 31,767 Disclosed as: Current portion $ 6,246 Non-Current portion 25,521 $ 31,767
Operating lease liability	Amount 2020 $ 102,914 2021 217,014 2022 180,592 2023 150,672 2024 and beyond 28,761 Total undiscounted minimum future lease payments 679,953 Imputed interest (31,535 ) Total operating lease liability $ 648,418 Disclosed as: Current portion $ 99,298 Non-Current portion 549,120 $ 648,418

Intangible Assets (Tables)

Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	June 30, 2020 December 31, 2019 Cost Accumulated amortization Net book Net book Betting platform software $ 5,689,965 $ (826,986 ) 4,862,979 $ 5,052,645 Licenses 10,694,308 (820,912 ) 9,873,396 9,929,495 Location contracts 1,000,000 (840,117 ) 159,883 231,312 Customer relationships 870,927 (331,458 ) 539,469 569,700 Trademarks 116,179 (46,382 ) 69,797 73,875 Websites 40,000 (40,000 ) — — $ 18,411,379 $ (2,905,855 ) 15,505,524 $ 15,857,027

Goodwill (Tables)

Goodwill (Tables)	6 Months Ended
	Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	June 30, 2020 December 31, 2019 Opening balance $ 1,663,385 $ 262,552 Acquisition of Virtual Generation — 1,401,608 Impairment charge — — Foreign exchange movements (178 ) (775 ) Closing balance $ 1,663,207 $ 1,663,385

Convertible Debentures (Tables)

Convertible Debentures (Tables)	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Convertible Debenture	June 30, 2020 December 31, 2019 Principal Outstanding Opening balance $ 3,464,737 $ 8,529,751 Additions — Repaid (7,496 ) — Conversion to equity (625,619 ) (5,240,736 ) Foreign exchange movements (63,356 ) 175,722 2,768,266 3,464,737 Accrued Interest Opening balance 524,227 520,523 Interest expense 150,960 719,004 Repaid (1,499 ) — Conversion to equity (102,104 ) (731,731 ) Foreign exchange movements (8,643 ) 15,504 562,941 524,227 Debenture Discount Opening balance (627,627 ) (4,587,228 ) Amortization 627,627 3,959,601 — (627,627 ) Convertible Debentures, net $ 3,331,207 $ 3,361,337

Deferred Purchase Considerati_2

Deferred Purchase Consideration (Tables)	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Deferred Purchase Consideration	Description June 30, 2020 December 31, 2019 Principal Outstanding Promissory note due to non-related parties $ 1,802,384 $ 2,745,811 Additional earnout earned — 336,810 Settled by the issuance of common shares (669,707 ) (616,387 ) Repayment in cash (209,005 ) (607,555 ) Foreign exchange movements (3,106 ) (56,295 ) 920,566 1,802,384 Present value discount on future payments Present value discount (120,104 ) (242,089 ) Amortization 65,668 117,192 Foreign exchange movements 849 4,793 (53,587 ) (120,104 ) Deferred purchase consideration, net $ 866,979 $ 1,682,280

Other long term liabilities (Ta

Other long term liabilities (Tables)	6 Months Ended
	Jun. 30, 2020
Payables and Accruals [Abstract]
Other long term liabilities	June 30, 2020 December 31, 2019 Severance liability $ 245,619 $ 211,734 Customer deposit balance 372,360 407,810 Total other long term liabilities $ 617,979 $ 619,544

Related Parties (Tables)

Related Parties (Tables)	6 Months Ended
	Jun. 30, 2020
Related Party Transactions [Abstract]
Related Parties	June 30, 2020 December 31, 2019 Principal Outstanding Opening balance $ — $ 318,078 Additions 300,000 — Settled by issuance of common shares — (318,078 ) 300,000 — Accrued Interest Opening balance — 113,553 Interest expense — 25,830 Conversion to equity — (139,383 ) — — Pomissory Notes Payable – Related Party $ 300,000 $ —
Deferred Purchase consideration, Related Party	Description June 30, 2020 December 31, 2019 Principal Outstanding Promissory notes due to related parties $ 1,279,430 $ 1,830,541 Additional earnout earned — 224,540 Settled by the issuance of common shares (446,471 ) (410,925 ) Repayment in cash (92,444 ) (328,734 ) Foreign exchange movements (2,174 ) (35,992 ) 738,341 1,279,430 Present value discount on future payments Present value discount (80,069 ) (161,393 ) Amortization 43,779 78,128 Foreign exchange movements 565 3,196 (35,725 ) (80,069 ) Deferred purchase consideration, net $ 702,616 $ 1,199,361
Related Party Receivables	June 30, 2020 December 31, 2019 Related Party payables Gold Street Capital Corp. $ (10,507 ) $ (2,551 ) Luca Pasquini (4,407 ) — $ (14,914 ) $ (2,551 ) Related Party Receivables Luca Pasquini $ 1,395 $ 4,123

Warrants (Tables)

Warrants (Tables)	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Warrants	Number of shares Exercise price per share Weighted average exercise price Outstanding January 1, 2019 76,566 $ 4.32 $ 4.32 Granted 1,096,224 4.00 4.00 Forfeited/cancelled (27,000 ) 5.04 5.04 Exercised (40,761 ) 4.64 4.64 Expired (15,555 ) 4.64 4.64 Outstanding December 31, 2019 1,089,474 $ 4.00 $ 4.00 Granted 374,373 3.75 to 5.00 3.99 Forfeited/cancelled (1,089,474 ) 4.00 4.00 Exercised — — — Outstanding June 30, 2020 374,373 $ 3.75 to 5.00 $ 3.99 The following tables summarize information about warrants outstanding as of June 30, 2020: Warrants outstanding Warrants exercisable Exercise price Number of shares Weighted average remaining years Weighted average exercise price Number of shares Weighted average exercise price $ 3.75 301,644 1.92 $ 3.75 301,644 $ 3.75 5.00 72,729 2.79 5.00 72,729 5.00 374,373 2.08 $ 3.99 374,373 $ 3,99

Stock Options (Tables)

Stock Options (Tables)	6 Months Ended
	Jun. 30, 2020
Equity [Abstract]
Stock option activity	Number of shares Exercise price per share Weighted average exercise price Outstanding January 1, 2019 — $ — $ — Granted 315,938 2.72 to 2.96 2.84 Forfeited/cancelled — — — Exercised — — — Expired — — — Outstanding December 31, 2019 315,938 $ 2.72 to 2.96 2.84 Granted — — — Forfeited/cancelled — — — Exercised — — — Outstanding June 30, 2020 315,938 $ 2.72 to 2.96 $ 2.84
Stock options outstanding	Options outstanding Options exercisable Exercise price Number of shares Weighted average remaining years Weighted Average exercise price Number of shares Weighted average exercise price $ 2.72 25,000 6.01 — $ 2.80 220,625 9.23 97,800 $ 2.96 70,313 9.02 67,734 315,938 8.80 $ 2.84 165,534 $ 2.87

Revenues (Tables)

Revenues (Tables)	6 Months Ended
	Jun. 30, 2020
Segment Reporting [Abstract]
Revenues	Three Months Ended Six Months Ended June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 Turnover Turnover web-based $ 89,855,358 $ 88,647,748 $ 182,231,464 $ 175,223,649 Turnover land-based 4,210,173 10,617,656 27,812,258 61,017,220 Total Turnover 94,065,531 99,265,404 210,043,722 236,240,869 Winnings/Payouts Winnings web-based 84,604,648 81,857,558 170,700,270 164,120,495 Winnings land-based 3,599,916 7,199,276 21,791,318 51,555,578 Total Winnings/payouts 88,204,564 89,056,834 192,491,588 215,676,073 Gross Gaming Revenues 5,860,967 10,208,570 17,552,134 20,564,796 Less: ADM Gaming Taxes 1,065,693 1,172,993 2,596,488 2,366,739 Net Gaming Revenues 4,795,274 9,035,577 14,955,646 18,198,057 Betting platform and services 14,995 69,776 24,797 173,591 Revenue $ 4,810,269 $ 9,105,353 $ 14,980,443 $ 18,371,648

Loss on extinguishment of con_2

Loss on extinguishment of convertible debt (Tables)	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Assumptions Black-scholes model	Six months ended June 30, 2020 Exercise price $3.75 to $5.00 Risk free interest rate 0.16% to 0.19% Expected life of options 2 to 3 years Expected volatility of underlying stock 139.5% to 183.5% Expected dividend rate 0 %

Net Income (Loss) per Common _2

Net Income (Loss) per Common Share (Tables)	6 Months Ended
	Jun. 30, 2020
Earnings Per Share [Abstract]
Net Income (Loss) per Common Share	Three and Six Months ended Description June 30, 2020 June 30, 2019 Options 315,938 — Warrants 374,373 1,089,133 Convertible debentures 1,041,002 2,707,652 1,731,313 3,796,785

Segmental Reporting (Tables)

Segmental Reporting (Tables)	6 Months Ended
	Jun. 30, 2020
Segment Reporting [Abstract]
Segment Reporting	The operating assets and liabilities of the reportable segments are as follows: June 30, 2020 Betting establishments Betting platform software and services All other Total Purchase of non-current assets $ 56,613 $ 31,804 $ — $ 88,417 Assets Current assets 5,631,846 990,614 538,098 7,160,558 Non-current assets 12,530,024 6,403,878 1,870,903 20,804,805 Liabilities Current liabilities (5,668,018 ) (476,375 ) (10,130,392 ) (16,274,785 ) Non-current liabilities (1,265,500 ) (1,293,206 ) (29,351 ) (2,588,057 ) Intercompany balances 4,866,760 (740,080 ) (4,126,680 ) — Net asset position $ 16,095,112 $ 4,884,831 $ (11,877,422 ) $ 9,102,521 The segment operating results of the reportable segments are disclosed as follows: June 30, 2020 Betting establishments Betting platform software and services All other Adjustments Total Net Gaming Revenue $ 14,955,646 $ 24,797 $ — $ — $ 14,980,443 Intercompany Service revenue — 1.209,799 — (1,209,799 ) — 14,955,646 1,234,596 — (1,209,799 ) 14,980,443 Operating expenses Intercompany service expense 1,209,799 — — (1,209,799 ) — Selling expenses 10,165,294 7,233 — — 10,172,527 General and administrative expenses 2,151,956 1,841,608 1,710,824 — 5,704,388 13,527,049 1,848,841 1,710,824 (1,209,799 ) 15,876,915 Income (Loss) from operations 1,428,597 (614,245 ) (1,710,824 ) — (896,472 ) Other (expense) income Other income 25,660 — — — 25,660 Interest expense, net (1,574 ) 7 (171,506 ) — (173,073 ) Amortization of debt discount — — (737,074 ) — (737,074 ) Loss on extinguishment of convertible debt — — (719,390 ) — (719,390 ) Gain (Loss) on marketable securities — 722,500 — 722,500 Total other (expenses) income 24,086 7 (905,470 ) — (881,377 ) Loss before Income Taxes 1,452,683 (614,238 ) (2,616,294 ) — (1,777,849 ) Income tax provision (469,950 ) 41,965 (162,112 ) — (590,097 ) Net Income $ 982,733 $ (572,273 ) $ (2,778,406 ) — $ (2,367,946 ) The operating assets and liabilities of the reportable segments are as follows: June 30, 2019 Betting establishments Betting platform software and services All other Total Purchase of fixed assets $ 45,954 8,329 — 54,283 Assets Current assets 5,906,570 295,887 83,060 6,285,517 Non-current assets 12,700,578 6,853,400 1,253,195 20,807,173 Liabilities Current liabilities (4,107,073 ) (265,308 ) (12,614,520 ) (16,986,901 ) Non-current liabilities (1,380,772 ) (1,407,484 ) (831,455 ) (3,619,711 ) Intercompany balances 3,988,710 109,265 (4,097,975 ) — Net asset position $ 17,108,013 5,585,760 (16,207,695 ) 6,486,078 The segment operating results of the reportable segments are disclosed as follows: June 30, 2019 Betting establishments Betting platform software and services All other Adjustments Total Net Gaming Revenue $ 18,260,490 $ 111,158 $ — $ — $ 18,371,648 Intercompany Service revenue — 1,205,320 — (1,205,320 ) — 18,260,490 1,316,478 — (1,205,320 ) 18,371,648 Operating expenses Intercompany service expense 1,205,320 — — (1,205,320 ) — Selling expenses 13,565,726 110,752 — — 13,676,478 General and administrative expenses 2,257,072 1,436,008 2,864,659 — 6,557,739 17,028,118 1,546,760 2,864,659 (1,205,320 ) 20,234,217 (Loss) income from operations 1,232,372 (230,282 ) (2,864,659 ) — (1,862,569 ) Other (expense) income Other income 7,725 — — — 7,725 Interest expense, net (7,527 ) — (417,748 ) — (425,725 ) Amortization of debt discount — — (2,096,080 ) — (2,096,080 ) Loss on conversion of debt — — (35,943 ) — (35,943 ) Loss on marketable securities — — (25,000 ) (25,000 ) Total other (expenses) income 198 — (2,574,771 ) — (2,574,573 ) Income (Loss) before Income Taxes 1,232,570 (230,282 ) (5,439,430 ) — (4,437,142 ) Income tax provision (485,607 ) 30,577 — — (455,030 ) Net Loss $ 746,963 $ (199,705 ) $ (5,439,430 ) $ — $ (4,892,172 )

Accounting Policies and Estim_4

Accounting Policies and Estimates (Details Narrative)	12 Months Ended
	Dec. 31, 2019	Jun. 30, 2020USD ($)	Jun. 30, 2020CAD ($)	Jun. 30, 2020EUR (€)
Accounting Policies [Abstract]
FDIC Insured Amount		$ 250,000	$ 100,000	€ 100,000
Reverse stock split	1 for 8 reverse stock split

Summary of Significant Accounti

Summary of Significant Accounting Policies (Details 1)	6 Months Ended
	Jun. 30, 2020
Computer and Office equipment [Member] | Minimum [Member]
Useful Life	3 years
Computer and Office equipment [Member] | Maximum [Member]
Useful Life	5 years
Furniture and fittings [Member] | Minimum [Member]
Useful Life	7 years
Furniture and fittings [Member] | Maximum [Member]
Useful Life	10 years
Computer Software [Member] | Minimum [Member]
Useful Life	3 years
Computer Software [Member] | Maximum [Member]
Useful Life	5 years
Vehicles [Member] | Minimum [Member]
Useful Life	4 years
Vehicles [Member] | Maximum [Member]
Useful Life	5 years

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Details 2)	6 Months Ended
	Jun. 30, 2020
Betting platform system [Member]
Useful Life	15 years
Multigioco and Rifa ADM Licenses [Member] | Minimum [Member]
Useful Life	1 year 5 months
Multigioco and Rifa ADM Licenses [Member] | Maximum [Member]
Useful Life	7 years
Location contracts [Member] | Minimum [Member]
Useful Life	5 years
Location contracts [Member] | Maximum [Member]
Useful Life	7 years
Customer relationships [Member] | Minimum [Member]
Useful Life	10 years
Customer relationships [Member] | Maximum [Member]
Useful Life	15 years
Trademarks[Member]
Useful Life	14 years
Website [Member]
Useful Life	5 years

Acquisition of subsidiaries - A

Acquisition of subsidiaries - Acquisition of subsidiaries (Details)	Jan. 30, 2019USD ($)
Business Combinations [Abstract]
Purchase consideration, net of discount of $382,778	$ 4,193,374
Fair value of assets acquired
Cash	47,268
Current assets	178,181
Property, Plant and Equipment	41,473
Betting Platform	4,004,594
Identifiable intangible assets	4,271,516
Less: liabilities assumed	(78,141)
Less: Imputed Deferred taxation on identifiable intangible acquired (Betting platform)	(1,401,608)
Total identifiable assets less liabilities assumed	2,791,767
Goodwill arising on acquisition	1,401,608
Total purchase consideration	$ 4,193,375

Acquisition of subsidiaries -_2

Acquisition of subsidiaries - Acquisition of subsidiaries (Details) (Parenthetical)	Jan. 30, 2019USD ($)
Business Combinations [Abstract]
Discount on purchase price	$ 382,778

Acquisition of subsidiaries (De

Acquisition of subsidiaries (Details Narrative)	Jan. 30, 2019shares
Naos [Member]
Shares owned by subsidiary	3,999
VG [Member]
Share available	4,000

Restricted Cash (Details Narrat

Restricted Cash (Details Narrative) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Cash and Cash Equivalents [Abstract]
Line of credit - bank	$ 1,000,000	$ 1,000,000
Security deposit	$ 1,000,000

Plant and equipment - Property

Plant and equipment - Property and Equipment (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Plant and Equipment, gross	$ 1,333,547
Accumulated Depreciation	832,271
Property, plant and equipment	501,281	$ 520,725
Leasehold Improvements [Member]
Plant and Equipment, gross	57,548
Accumulated Depreciation	19,574
Property, plant and equipment	37,974	32,405
Computer and office equipment [Member]
Plant and Equipment, gross	894,936
Accumulated Depreciation	599,940
Property, plant and equipment	294,996	312,824
Fixtures and fittings[Member]
Plant and Equipment, gross	150,708
Accumulated Depreciation	89,308
Property, plant and equipment	61,400	57,598
Vehicles[Member]
Plant and Equipment, gross	97,990
Accumulated Depreciation	32,626
Property, plant and equipment	65,364	72,526
Computer software[Member]
Plant and Equipment, gross	132,365
Accumulated Depreciation	90,823
Property, plant and equipment	$ 41,542	$ 45,372

Plant and equipment (Details Na

Plant and equipment (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Property, Plant and Equipment [Abstract]
Depreciation charges	$ 120,578	$ 124,264

Leases Liability (Details)

Leases Liability (Details)	Jun. 30, 2020	Jun. 30, 2019
Weighted average discount rate- finance leases	3.57%	3.48%
Weighted average discount rate- operating leases	3.42%	3.47%

Leases - Right of use assets (D

Leases - Right of use assets (Details) - USD ($)	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Leases [Abstract]
Right of use assets - operating leases, net of amortization	$ 684,502		$ 792,078
Right of use assets - finance leases, net of depreciation – included in plant and equipment	44,038		$ 37,091
Amortization of right-of-use assets	6,216	$ 15,118
Interest expense on lease liabilities	614	699
Finance lease cost	6,831	15,817
Operating lease cost	117,954	95,371
Total lease cost	124,785	111,191
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from finance leases	(614)	(699)
Operating cash flows from operating leases	(117,954)	(95,371)
Financing cash flows from finance leases	(6,682)	(5,449)
Right-of-use assets obtained in exchange for new finance leases		15,118
Right-of-use assets disposed of under operating leases prior to lease maturity		(27,517)
Right-of -use assets obtained in exchange for new operating leases		$ 95,622
Weighted average remaining lease term - finance leases	3 years 25 days 13 hours 12 minutes	3 years 321 days 4 hours 48 minutes
Weighted average remaining lease term - operating leases	3 years 109 days 12 hours	3 years 302 days 22 hours 48 minutes
Weighted average discount rate- finance leases	3.57%	3.48%
Weighted average discount rate- operating leases	3.42%	3.47%

Leases - Finance lease liabilit

Leases - Finance lease liability (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Maturity date
2020	$ 6,810
2021	10,421
2022	8,437
2023	6,709
2024	808
Total undiscounted minimum future lease payments	33,185
Imputed interest	(1,418)
Present value of lease liabilities	31,767
Financial lease liability	6,246	$ 12,476
Financial lease liability	$ 25,521	$ 25,025

Leases - Operating lease liabil

Leases - Operating lease liability (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Maturity date
2020	$ 102,914
2021	217,014
2022	180,592
2023	150,672
2024 and beyond	28,761
Total undiscounted minimum future lease payments	679,953
Imputed interest	(31,535)
Present value of lease liabilities	648,418
Operating lease liability, Current	99,298	$ 200,866
Operating lease liability,Non-Current	$ 549,120	$ 548,747

Intangible Assets (Details)

Intangible Assets (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Intangible assets, gross	$ 18,411,379
Accumulated amortization	2,905,855
Intangible assets	15,505,524	$ 15,857,027
Betting platform system [Member]
Intangible assets, gross	5,689,965
Accumulated amortization	826,986
Intangible assets	4,862,979	5,052,645
License [Member]
Intangible assets, gross	10,694,308
Accumulated amortization	820,912
Intangible assets	9,873,396	9,929,495
Location contracts [Member]
Intangible assets, gross	1,000,000
Accumulated amortization	840,117
Intangible assets	159,883	231,312
Customer relationships [Member]
Intangible assets, gross	870,927
Accumulated amortization	331,458
Intangible assets	539,469	569,700
Trademarks[Member]
Intangible assets, gross	116,175
Accumulated amortization	46,382
Intangible assets	69,797	73,875
Website [Member]
Intangible assets, gross	40,000
Accumulated amortization	40,000
Intangible assets

Intangible Assets (Details Narr

Intangible Assets (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization Expense	$ 392,378	$ 376,457

Goodwill - Goodwill (Details)

Goodwill - Goodwill (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Opening balance	$ 1,663,385	$ 262,552
Acquisition of Virtual Generation		1,401,608
Impairment charge
Foreign exchange movements	(178)	(775)
Goodwill	$ 1,663,207	$ 1,663,385

Goodwill (Details Narrative)

Goodwill (Details Narrative)	Jan. 30, 2019USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Imputed Deferred taxation on identifiable intangible acquired (Betting platform)	$ 1,401,608

Marketable Securities (Details

Marketable Securities (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Investments, All Other Investments [Abstract]
Marketable securities, shares			2,500,000
Per Share			$ 0.36
Gain (Loss) on marketable securities	$ 592,500		$ 722,500	$ (25,000)

Line of Credit - Bank (Details

Line of Credit - Bank (Details Narrative) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Debt Disclosure [Abstract]
Line of credit - bank	$ 1,000,000	$ 1,000,000
Interest rate	3.00%
Security deposit	$ 1,000,000

Convertible Debentures (Details

Convertible Debentures (Details Narrative)	6 Months Ended		12 Months Ended
	Jun. 30, 2020USD ($)	Jun. 30, 2020CAD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2019CAD ($)	Jun. 30, 2020CAD ($)	Dec. 31, 2019CAD ($)
Convertible Debentures, USA [Member]
Convertible Debentures	$ 1,683,000		$ 2,083,000
Princpal	400,000		1,185,000
Interest	70,492		133,959
Issuance of common shares	226,793		1,866,528
Convertible Debentures, Canadian [Member]
Convertible Debentures	1,085,266		$ 1,381,737		$ 1,457,000	$ 1,794,600
Princpal					183,600	$ 5,006,565
Interest		$ 42,504		$ 770,705
Convertible Debentures, USA [Member]
Convertible Debentures	$ 10,000
Expiration date	Aug. 29, 2020	Aug. 29, 2020
Convertible Debentures, Canadian [Member]
Convertible Debentures	$ 48,416				65,000
Convertible Debentures, USA [Member]
Convertible Debentures	$ 600,000
Expiration date	Sep. 28, 2020	Sep. 28, 2020
Convertible Debentures, Canadian [Member]
Convertible Debentures	$ 180,257				242,000
Convertible Debentures, USA [Member]
Convertible Debentures	$ 1,073,000
Expiration date	May 31, 2020	May 31, 2020
Convertible Debentures, Canadian [Member]
Convertible Debentures	$ 856,593				$ 1,150,000

Convertible Debt (Details)

Convertible Debt (Details)	Jul. 07, 2020USD ($)	Jul. 07, 2020CAD ($)	Jun. 30, 2020USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Debenture Discount
Convertible Debenture			$ 3,331,207	$ 3,361,337
Debentures [Member]
Convertible Debt, gross	$ 2,768,266		3,464,737	8,529,751
Repaid			(7,496)
Conversion to equity		$ 12,000	(625,619)	(5,240,736)
Foreign exchange movements			(63,356)	175,722
Convetible debt, ending			2,768,266	3,464,737
Accrued Interest
Accrued interest, opening balance	562,941		524,227	520,523
Interest expense			150,960	719,004
Repaid	9,106	$ 2,525	(1,499)
Conversion to equity			(102,104)	(731,731)
Foreign exchange movements			(8,643)	15,504
Accrued interest, ending balance			562,941	524,227
Debenture Discount
Debenture Discount, opening balance			(627,627)	(4,587,228)
Amortization			627,627	3,959,601
Debenture Discount, ending balance				$ (627,627)
Convertible Debenture					$ 4,463,046

Disclosure - Deferred Purchase

Disclosure - Deferred Purchase Consideration (Details Narrative) - Virtual Generation [Member]	1 Months Ended			12 Months Ended
	Jan. 20, 2020USD ($)$ / sharesshares	Jan. 20, 2020EUR (€)	Jan. 31, 2019EUR (€)	Dec. 31, 2019USD ($)$ / sharesshares	Dec. 31, 2019EUR (€)
Debt Instrument [Line Items]
Promissory note payable			€ 3,803,000
Total payments			€ 1,435,200
Number of payments			23
Monthly installments			€ 62,400
Share issued for acquisition			846,600
Share issued for acquisition, installments			49,800
Virtual Generation bonus earnout	$ 336,810	€ 300,000		$ 561,500	€ 500,000
Shares issued | shares	79,641			132,735
Share price | $ / shares	$ 4.23			$ 4.23
Related Party [Member]
Debt Instrument [Line Items]
Promissory note payable			1,521,200
Non Related Party [Member]
Debt Instrument [Line Items]
Promissory note payable			€ 2,281,800

Deferred Purchase Considerati_3

Deferred Purchase Consideration - Deferred Purchase consideration (Details) (USD $) - USD ($)	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Principal Outstanding
Repayment of promissory notes	$ 300,000
Present value discount on future payments
Deferred purchase consideration, net	866,979		$ 1,682,280
Notes Payable [Member]
Principal Outstanding
Promissory note due to non-related parties, beginning	1,802,384	2,745,811	2,745,811
Additional earnout earned			336,810
Settled by the issuance of common shares	(669,707)		(616,387)
Repayment in cash	(209,005)		(607,555)
Foreign exchange movements	(3,106)		(56,295)
Promissory note due to non-related parties, ending	920,566		1,802,384
Present value discount on future payments
Present value discount, beginning	(120,104)	$ (242,089)	(242,089)
Amortization	65,668		117,192
Foreign exchange movements	849		4,793
Present value discount, ending	$ (53,587)		$ (120,104)

Bank Loan Payable (Details Narr

Bank Loan Payable (Details Narrative)	Jun. 30, 2020USD ($)	Jun. 30, 2020EUR (€)	Apr. 20, 2020USD ($)	Apr. 20, 2020CAD ($)	Sep. 30, 2016USD ($)	Sep. 30, 2016EUR (€)
Intesa Sanpaolo Bank [Member]
Bank Loan					$ 580,000	€ 500,000
Principal payments	$ 19,925	€ 18,076			$ 11,000	€ 9,760
COVID Assistance [Member]
Principal payments			$ 29,351	$ 40,000

Other long term liabilities - O

Other long term liabilities - Other long term liabilities (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Payables and Accruals [Abstract]
Severance liability	$ 245,619	$ 211,734
Customer deposit balance	372,360	407,810
Total other long term liabilities	$ 617,979	$ 619,544

Related Parties - Related Parti

Related Parties - Related Parties (Details) - Related party Notes Payable [Member] - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Principal Outstanding
Opening balance		$ 318,078
Additions	300,000
Settled by the issuance of common shares		(318,078)
Ending Balance	$ 300,000
Accrued Interest
Accrued interest, opening balance		113,553
Interest expense		25,830
Conversion to equity		$ (139,383)

Related Parties - Deferred Purc

Related Parties - Deferred Purchase consideration, Related Party (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Present value discount on future payments
Deferred purchase consideration, Related Party, net of discount of $56,989	$ 702,616	$ 1,199,361
Related party Deferred Purchase Consideration [Member]
Principal Outstanding
Promissory note due to non-related parties	1,279,430	1,830,541
Additional earnout earned		224,540
Settled by the issuance of common shares	(446,471)	(410,925)
Repayment in cash	(92,444)	(328,734)
Foreign exchange movements	(2,174)	(35,992)
Ending balance	738,341	1,279,430
Present value discount on future payments
Present value discount, beginning	(80,069)	(161,393)
Amortization	43,779	78,128
Foreign exchange movements	565	3,196
Present value discount, ending	$ (35,725)	$ (80,069)

Related Parties - Related Party

Related Parties - Related Party Receivables (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Advances from stockholders	$ (14,914)	$ (2,551)
Related party receivable	1,395	4,123
Luca Pasquini [Member]
Advances from stockholders	(4,407)
Related party receivable	1,395	4,123
Gold Street Capital Corp. [Member]
Advances from stockholders	$ (10,507)	$ (2,551)

Related party transactions and

Related party transactions and balances Additional (Details Narrative)

1 Months Ended

3 Months Ended

6 Months Ended

8 Months Ended

12 Months Ended

Jan. 31, 2019USD ($)

Jan. 31, 2019EUR (€)

Jun. 30, 2019USD ($)

Jun. 30, 2020USD ($)shares

Jul. 05, 2019$ / sharesshares

Jul. 01, 2019$ / sharesshares

Sep. 04, 2019USD ($)$ / sharesshares

Aug. 29, 2019$ / sharesshares

Dec. 31, 2019USD ($)shares

Nov. 11, 2019$ / shares

Jan. 31, 2019EUR (€)

Dec. 31, 2018shares

Stock Options available | shares

834,062

1,150,000

Per share | $ / shares

$ 2.80

Issuance of common stock, value

$ 278,536

Virtual Generation, Related Party [Member]

Total payments | €

€ 956,800

Number of payments

23

23

Monthly installments | €

€ 41,600

Share issued for acquisition | €

564,400

Share issued for acquisition, installments | €

€ 33,200

Chief Excutive Officer [Member]

Stock option term

10 years

10 years

Stock Options available | shares

39,375

25,000

Per share | $ / shares

$ 2.96

$ 4

$ 2.8

Stock based compensation

$ 500,000

Stock based compensation, shares | shares

125,000

Gold Street Capital Corp. [Member]

Common stock issued to settle liabilities, shares | shares

15,196

Common stock issued to settle liabilities

$ 48,508

Luca Pasquini [Member]

Stock option term

10 years

Stock Options available | shares

25,000

Per share | $ / shares

$ 2.80

Purchase price

$ 4,576,352

Issuance of common stock, shares | shares

98,405

26,547

Issuance of common stock, value

300,000

$ 241,313

Purchase price paid in cash

915,270

$ 162,639

Payments on Loan

500,000

Total payments

800,000

Virtual Generation bonus earnout

561,351

$ 112,270

Gabriele Peroni [Member]

Stock option term

10 years

Stock Options available | shares

25,000

Per share | $ / shares

$ 2.80

Purchase price

4,576,352

Issuance of common stock, shares | shares

98,405

Issuance of common stock, value

300,000

$ 241,313

Purchase price paid in cash

915,270

209,107

Payments on Loan

500,000

187,720

Virtual Generation bonus earnout

$ 561,351

$ 112,270

Franco Salvagni [Member]

Stock option term

10 years

Stock Options available | shares

25,000

Per share | $ / shares

$ 2.80

Beniamino Gianfelici [Member]

Stock option term

10 years

Stock Options available | shares

25,000

Per share | $ / shares

$ 2.80

Mark Korb[Member]

Stock option term

7 years

Stock Options available | shares

25,000

Per share | $ / shares

$ 2.72

Paul Sallwasser[Member]

Stock option term

10 years

Stock Options available | shares

20,625

Per share | $ / shares

$ 2.96

Steven Sallwasser[Member]

Stock option term

10 years

Stock Options available | shares

10,313

Per share | $ / shares

$ 2.96

Stockholders Equity (Details Na

Stockholders Equity (Details Narrative) - USD ($)	Apr. 02, 2020	Jan. 03, 2020	Jan. 02, 2020	May 01, 2020	Sep. 17, 2019	Jun. 01, 2020	Mar. 01, 2020	Feb. 27, 2020	Jul. 02, 2020	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2019	Mar. 31, 2019	Apr. 22, 2019	Jun. 30, 2020	Dec. 31, 2020
Share issued for acquisition, amount												$ 278,536
Common stock issued with debentures										$ 333,085	$ 395,253	$ 104,911	$ 919,824
Virtual Generation [Member]
Share issued for acquisition, shares	61,040			24,390		29,300			35,130
Share issued for acquisition, amount	$ 90,745			$ 91,265		$ 92,321			$ 93,239
Debentures [Member]
Common stock issued with debentures, shares														14,083	226,985	1,866,528
Common stock issued with debentures														$ 45,066	$ 728,338	$ 5,972,507
Promissory Notes [Member]
Common stock issued for debt, shares					284,721
Common stock issued for debt					$ 457,461
Liabilities [Member]
Common stock issued to settle liabilities					$ 553,525
Virtual Generation [Member]
Share issued for acquisition, shares		132,735	22,030				25,690	23,890
Share issued for acquisition, amount		$ 561,350	$ 93,077				$ 96,372	$ 91,541

Warrants (Details)

Warrants (Details) - Warrant [Member] - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Warrant Shares [Rollforward]
Outstanding at beginning of period	1,089,474	76,566
Granted during the period	374,373	1,096,224
Forfeited/cancelled during the period	(1,089,474)	(27,000)
Excercised during the period		(40,761)
Expired during the period		(15,555)
Outstanding at end of period	374,373	1,089,474
Weighted Average Exercise Price Per Common Share
Outstanding at beginning of period	$ 3.75	$ 4.32
Granted during the period	3.99	4
Forfeited/Canceled during the period	4	5.04
Exercised during the period		4.64
Expired during the period		4.64
Outstanding at end of period	$ 3.99	$ 3.75
Weighted Average Life per Warrant
Outstanding at beginning of period	2 years 8 days
Exercisable at end of period	1 month 6 days

Warrants Oustanding (Details)

Warrants Oustanding (Details) - $ / shares	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2019	Nov. 11, 2019	Dec. 31, 2018
Weighted average exercise price			$ 2.80
Warrant [Member]
Number of shares	374,373	1,089,474		76,566
Weighted average remianing years	2 years 8 days
Weighted average exercise price	$ 3.99	$ 3.75		$ 4.32
$3.75 [Member]
Number of shares	301,644
Weighted average remianing years	1 year 9 months 2 days
Weighted average exercise price	$ 3.75
$5.00 [Member]
Number of shares	72,729
Weighted average remianing years	2 years 7 months 9 days
Weighted average exercise price	$ 5

Stock Options - Stock option ac

Stock Options - Stock option activity (Details) - $ / shares	6 Months Ended	7 Months Ended	8 Months Ended	12 Months Ended
	Jun. 30, 2020	Jul. 31, 2019	Aug. 31, 2019	Dec. 31, 2019
Stock option Activity
Options outstanding, shares	315,938
Weighted average exercise price
Options outstanding, weighted average exercise price	$ 8.80
Stock option [Member]
Stock option Activity
Options outstanding, shares	315,938
Granted				315,938
Forfeited/cancelled
Exercised		95,313	150,000
Options outstanding, shares	315,938			315,938
Weighted average exercise price
Options outstanding, weighted average exercise price	$ 2.84
Granted				2.84
Forfeited/cancelled
Exercised
Options outstanding, weighted average exercise price	$ 2.84			$ 2.84

Stock Options - Stock options o

Stock Options - Stock options outstanding (Details)	6 Months Ended
	Jun. 30, 2020$ / sharesshares
Options outstanding, shares | shares	315,938
Options oustanding, weighted average remaining years	9 years 5 days
Options outstanding, weighted average exercise price | $ / shares	$ 8.80
Options exercisable, shares | shares	165,534
Options exercisable, weighted average exercise price | $ / shares	$ 2.87
$2.72[Member]
Exercise price per share | $ / shares	$ 2.72
Options outstanding, shares | shares	25,000
Options oustanding, weighted average remaining years	6 years 5 months
Options outstanding, weighted average exercise price | $ / shares	$ 6.01
Options exercisable, shares | shares
$2.80[Member]
Exercise price per share | $ / shares	$ 2.80
Options outstanding, shares | shares	220,625
Options oustanding, weighted average remaining years	9 years 7 months 3 days
Options outstanding, weighted average exercise price | $ / shares	$ 9.23
Options exercisable, shares | shares	97,800
$2.96[Member]
Exercise price per share | $ / shares	$ 2.96
Options outstanding, shares | shares	70,313
Options oustanding, weighted average remaining years	9 years 5 months 2 days
Options outstanding, weighted average exercise price | $ / shares	$ 9.02
Options exercisable, shares | shares	67,734

Stock Options (Details Narrativ

Stock Options (Details Narrative) - USD ($)	Nov. 11, 2019	Jun. 30, 2020	Jul. 31, 2019	Aug. 31, 2019		Dec. 31, 2019	Dec. 31, 2018
Stock Options available		834,062					1,150,000
Options outstanding, shares		315,938
Fair values of options	$ 70,625
Per share	$ 2.80
Stock based compensation expense		$ 499,318
Unvested options, shares		150,404
Intrinsic Value of stock options		$ 0
Stock option [Member]
Stock options issued for common stock			95,313	150,000
Options outstanding, shares		315,938				315,938
Executives [Member]
Stock options issued for common stock			25,000	25,000	[1]
Chief Excutive Officer [Member]
Stock options issued for common stock			39,375
Directors [Member]
Stock options issued for common stock			30,938
Chief Financial Officer [Member]
Stock options issued for common stock			200,000
[1]	Six Executive Officers

Revenues (Details)

Revenues (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Total Turnover	$ 94,065,531	$ 99,265,404	$ 210,043,722	$ 236,240,869
Less: Winnings/payouts	88,204,564	89,056,834	192,491,588	215,676,073
Gross Gaming Revenues	5,860,967	10,208,570	17,552,134	20,564,796
Less: ADM Gaming Taxes	1,065,693	1,172,993	2,596,488	2,366,739
Net Gaming Revenues	4,795,274	9,035,577	14,955,646	18,198,057
Betting platform software and services	14,995	69,776	24,797	173,591
Revenue	4,810,269	9,105,353	14,980,443	18,371,648
Web-based [Member]
Total Turnover	89,855,358	88,647,748	182,231,464	175,223,649
Less: Winnings/payouts	84,604,648	81,857,558	170,700,270	164,120,495
Land-based [Member]
Total Turnover	4,210,173	10,617,656	27,812,258	61,017,220
Less: Winnings/payouts	$ 3,599,916	$ 7,199,276	$ 21,791,318	$ 51,555,578

Loss on extinguishment of con_3

Loss on extinguishment of convertible debt - Assumptions Black-scholes model (Details)	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Risk free interest rate, minimum	0.16%
Risk free interest rate, maximum	0.19%
Expected life of options	2 to 3 years
Expected volatility of underlying stock, minimum	139.50%
Expected volatility of underlying stock, maximum	183.50%
Expected dividend rate	0.00%

Loss on extinguishment of con_4

Loss on extinguishment of convertible debt (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Loss on extinguishment of convertible debt	$ 719,390		$ 719,390
$3.75 [Member]
Issuance of common shares			$ 301,644
Conversion price	$ 3.75		$ 3.75
$5.00 [Member]
Issuance of common shares			$ 72,729
Conversion price	$ 5		$ 5

Net Income (Loss) per Common _3

Net Income (Loss) per Common Share - Net Income (Loss) per Common Share (Details) - shares	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Earnings Per Share [Abstract]
Options	315,938
Warrants	374,373	1,089,133
Convertible debentures	1,041,002	2,707,652
Anti-dilutive shares	1,731,313	3,796,785

Segmental Reporting - Segment R

Segmental Reporting - Segment Reporting (Details) - USD ($)	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Purchase of Non-Current assets	$ 88,417	$ 54,283
Assets
Total Current Assets	7,160,558	6,285,517	$ 7,264,550
Total Non-Current Assets	20,804,805	20,807,173	20,560,632
Liabilities
Total Current Liabilities	(16,274,785)	(16,986,901)	(16,417,841)
Total Non-Current Liabilities	(2,588,057)	(3,619,711)	$ (2,606,056)
Intercompany balances
Net Asset position	9,102,521	6,486,078
Betting Establishments [Member]
Purchase of Non-Current assets	56,613	45,954
Assets
Total Current Assets	5,631,846	5,906,570
Total Non-Current Assets	12,530,024	12,700,578
Liabilities
Total Current Liabilities	(5,668,018)	(4,107,073)
Total Non-Current Liabilities	(1,265,500)	(1,380,772)
Intercompany balances	4,866,760	3,988,710
Net Asset position	4,884,831	17,108,013
Betting Platform Software and Services [Member]
Purchase of Non-Current assets	31,804	8,329
Assets
Total Current Assets	990,614	295,887
Total Non-Current Assets	6,403,878	6,853,400
Liabilities
Total Current Liabilities	(476,375)	(265,308)
Total Non-Current Liabilities	(1,293,206)	(1,407,484)
Intercompany balances	(740,080)	109,265
Net Asset position	(11,877,422)	5,585,760
All Other [Member]
Assets
Total Current Assets	538,098	83,060
Total Non-Current Assets	1,870,903	1,253,195
Liabilities
Total Current Liabilities	(10,130,392)	(12,614,520)
Total Non-Current Liabilities	(29,351)	(831,455)
Intercompany balances	(4,126,680)	(4,097,975)
Net Asset position	$ 9,102,521	$ (16,207,695)

Segmental Reporting (Details Na

Segmental Reporting (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Net Gaming Revenues			$ 14,980,443	$ 18,371,648
Revenue	$ 4,810,269	$ 9,105,353	14,980,443	18,371,648
Operating expenses
Selling expenses	3,957,366	6,268,772	10,172,527	13,676,478
General and administrative expenses	2,883,427	3,360,284	5,704,388	6,557,739
Total Costs and Expenses	6,840,793	9,629,056	15,876,915	20,234,217
(Loss) income from operations	(2,030,524)	(523,703)	(896,472)	(1,862,569)
Other (Expenses) Income
Interest expense, net	(33,099)	(277,639)	(173,073)	(425,275)
Amortization of debt discount	(286,845)	(739,604)	(737,074)	(2,096,080)
Fair value of warrants issued on convertible debt extensions	(719,390)		(719,390)
Loss on conversion of debt		(35,943)		(35,943)
Other income	13,862	7,725	25,660	7,725
Loss on marketable securities	592,500		722,500	(25,000)
Total other (expenses) income	(432,972)	(1,045,461)	(881,377)	(2,574,573)
Loss Before Income Taxes	(2,463,496)	(1,569,164)	(1,777,849)	(4,437,142)
Income taxes provision	(62,059)	(209,056)	(590,097)	(455,030)
Net Loss	$ (2,525,555)	$ (1,778,220)	(2,367,946)	(4,892,172)
Betting Establishments [Member]
Net Gaming Revenues			14,955,646	18,260,490
Intercompany Service revenue
Revenue			14,955,646	18,260,490
Operating expenses
Intercompany service expense			1,209,799	18,260,490
Selling expenses			10,165,294	13,565,726
General and administrative expenses			2,151,956	2,257,072
Total Costs and Expenses			13,527,049	17,028,118
(Loss) income from operations			(614,245)	1,232,372
Other (Expenses) Income
Interest expense, net			(1,574)	(7,527)
Amortization of debt discount
Fair value of warrants issued on convertible debt extensions
Loss on conversion of debt
Other income				7,725
Loss on marketable securities
Total other (expenses) income			24,086	198
Loss Before Income Taxes			1,452,683	1,232,570
Income taxes provision			(469,950)	(485,607)
Net Loss			982,733	746,963
Betting Platform Software and Services [Member]
Net Gaming Revenues			24,797	111,158
Intercompany Service revenue			1,209,799	1,205,320
Revenue			1,234,596	1,316,478
Operating expenses
Intercompany service expense				1,316,478
Selling expenses			7,233	110,752
General and administrative expenses			1,841,608	1,436,008
Total Costs and Expenses			1,848,841	1,546,760
(Loss) income from operations			(1,710,824)	(230,282)
Other (Expenses) Income
Interest expense, net			7
Amortization of debt discount
Fair value of warrants issued on convertible debt extensions
Loss on conversion of debt
Other income
Loss on marketable securities
Total other (expenses) income			7
Loss Before Income Taxes			(614,238)	(230,282)
Income taxes provision			41,965	30,577
Net Loss			(572,273)	(199,705)
All Other [Member]
Net Gaming Revenues
Intercompany Service revenue
Revenue
Operating expenses
Intercompany service expense
Selling expenses
General and administrative expenses			1,710,824	2,864,659
Total Costs and Expenses			1,710,824	2,864,659
(Loss) income from operations				(2,864,659)
Other (Expenses) Income
Interest expense, net			(171,506)	(417,748)
Amortization of debt discount			(737,074)	(2,096,080)
Fair value of warrants issued on convertible debt extensions			(719,390)
Loss on conversion of debt				(35,943)
Other income
Loss on marketable securities			722,500	(25,000)
Total other (expenses) income			(905,470)	(2,574,771)
Loss Before Income Taxes			(2,616,294)	(5,439,430)
Income taxes provision			(162,112)
Net Loss			(2,778,406)	(5,439,430)
Adjustments [Member]
Net Gaming Revenues
Intercompany Service revenue			(1,209,799)	(1,205,320)
Revenue			(1,209,799)	(1,205,320)
Operating expenses
Intercompany service expense			(1,209,799)	(1,205,320)
Selling expenses
General and administrative expenses
Total Costs and Expenses			(1,209,799)	(1,205,320)
(Loss) income from operations			(896,472)
Other (Expenses) Income
Interest expense, net
Amortization of debt discount
Fair value of warrants issued on convertible debt extensions
Loss on conversion of debt
Other income			25,660
Loss on marketable securities
Total other (expenses) income
Loss Before Income Taxes
Income taxes provision
Net Loss

Subsequent Events (Details Narr

Subsequent Events (Details Narrative)		Jul. 13, 2020USD ($)	Jul. 13, 2020CAD ($)	Jul. 07, 2020USD ($)$ / shares	Jul. 07, 2020CAD ($)	Apr. 02, 2020USD ($)shares	May 01, 2020USD ($)shares	Aug. 17, 2020USD ($)$ / shares	Aug. 17, 2020CAD ($)	Jun. 01, 2020USD ($)shares	Jul. 02, 2020USD ($)shares	Jun. 30, 2019USD ($)	Aug. 17, 2020USD ($)$ / sharesshares	Jun. 30, 2020USD ($)	Jul. 13, 2020CAD ($)	Jul. 07, 2020CAD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Share issued for acquisition, amount												$ 278,536
Debentures [Member]
Repayment of convertible debenture														$ (7,496)
Conversion to equity														(625,619)		$ 12,000	$ (5,240,736)
Interest protion				$ 9,106	$ 2,525									$ (1,499)
Settled by the issuance of common shares				$ 3,342
Conversion price | $ / shares				$ 3.20
Debentures [Member]
Conversion to equity															$ 10,000
Interest protion		$ 9,086	$ 2,121
Debentures [Member]
Repayment of convertible debenture								$ 1,063,000	$ 1,150,000
Conversion to equity		5,000
Interest protion		$ 1,060						$ 236,130	$ 236,827
Subsequent Event [Member]
Common stock issued public offering, shares | shares													4,166,666
Common stock issued public offering, amount													$ 9,999,998
Share price | $ / shares								$ 2.40					$ 2.40
Underwriting commissions	[1]												$ 800,000
Conversion price | $ / shares	[2]							$ 2.50					$ 2.50
Virtual Generation [Member]
Share issued for acquisition, shares | shares						61,040	24,390			29,300	35,130
Share issued for acquisition, amount						$ 90,745	$ 91,265			$ 92,321	$ 93,239
[1]	The Company granted the underwriters a forty five day option to purchase up to 624,999 units at a price of $2.40 per unit, each unit consisting of one share of common stock and one five year warrant exercisable for one share of common stock at an exercise price of $2.50 per share. The underwriters were also issued a five year warrant exercisable for 208,333 shares of common stock at an exercise price of $3.00 per share.
[2]	Each unit consists of one share of common stock and one five year warrant exercisable for one share of common stock