Esports Entertainment (GMBL) 10-Q 21 Feb 23 2023 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Dec. 31, 2022	Feb. 17, 2023
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Dec. 31, 2022
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2023
Current Fiscal Year End Date	--06-30
Entity File Number	001-39262
Entity Registrant Name	ESPORTS ENTERTAINMENT GROUP, INC.
Entity Central Index Key	0001451448
Entity Tax Identification Number	26-3062752
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	Block 6
Entity Address, Address Line Two	Triq Paceville
Entity Address, City or Town	St. Julians
Entity Address, Country	MT
Entity Address, Postal Zip Code	STJ 3109
City Area Code	356
Local Phone Number	2713 1276
Entity Current Reporting Status	Yes
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		315,497,386
Common Stock [Member]
Title of 12(b) Security	Common Stock
Trading Symbol	GMBL
Security Exchange Name	NASDAQ
Common Stock Purchase Warrants [Member]
Title of 12(b) Security	Common Stock Purchase Warrants
Trading Symbol	GMBLW
Security Exchange Name	NASDAQ
10.0% Series A Cumulative Redeemable Convertible Preferred Stock
Title of 12(b) Security	10.0% Series A Cumulative Redeemable Convertible Preferred Stock
Trading Symbol	GMBLP
Security Exchange Name	NASDAQ
Common Stock Purchase Warrants One [Member]
Title of 12(b) Security	Common Stock Purchase Warrants
Trading Symbol	GMBLZ
Security Exchange Name	NASDAQ

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Dec. 31, 2022	Jun. 30, 2022
Current assets
Cash	$ 682,378	$ 2,517,146
Restricted cash	677,730	2,292,662
Accounts receivable, net	894,204	304,959
Receivables reserved for users	2,965,926	2,941,882
Other receivables	1,292,776	372,283
Prepaid expenses and other current assets	1,358,808	1,543,053
Total current assets	7,871,822	9,971,985
Equipment, net	35,966	43,925
Operating lease right-of-use asset	126,064	164,288
Intangible assets, net	27,048,230	30,346,489
Goodwill	6,584,114	22,275,313
Other non-current assets	1,522,328	2,062,176
TOTAL ASSETS	43,188,524	64,864,176
Current liabilities
Accounts payable and accrued expenses	14,399,368	12,344,052
Liabilities to customers	2,848,252	4,671,287
Deferred revenue	1,090,333	575,097
Senior convertible note	32,221,573	35,000,000
Derivative liability	799,954	9,399,620
Current portion of notes payable and other long-term debt	75,612	139,538
Operating lease liability – current	422,344	364,269
Contingent consideration – current	3,012,978	3,328,361
Total current liabilities	54,870,414	65,822,224
Warrant liability	2,456,730	2,192,730
Operating lease liability – non-current	549,482	669,286
Contingent consideration – non-current	3,179,934
Total liabilities	61,056,560	68,684,240
Commitments and contingencies (Note 12)
Stockholders’ equity (deficit)
Preferred stock $0.001 par value; 10,000,000 shares authorized
Common stock $0.001 par value; 500,000,000 shares authorized, 84,553,944 and 40,922,944 shares issued and outstanding as of December 31, 2022 and June 30, 2022, respectively	84,554	40,923
Additional paid-in capital	148,922,856	144,874,173
Accumulated deficit	(167,441,699)	(149,140,426)
Accumulated other comprehensive loss	(7,365,929)	(7,376,114)
Total stockholders’ equity (deficit)	(25,800,218)	(11,601,444)
TOTAL LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’ EQUITY (DEFICIT)	43,188,524	64,864,176
Series A Cumulative Redeemable Preferred Stock [Member]
Mezzanine equity:
Series B redeemable preferred stock, $0.001 par value, 100 authorized, issued and outstanding, aggregate liquidation preference $1,000 at December 31, 2022 and none authorized, issued and outstanding at June 30, 2022	7,931,182	7,781,380
Series B Redeemable Preferred Stock [Member]
Mezzanine equity:
Series B redeemable preferred stock, $0.001 par value, 100 authorized, issued and outstanding, aggregate liquidation preference $1,000 at December 31, 2022 and none authorized, issued and outstanding at June 30, 2022	$ 1,000

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)	Dec. 31, 2022	Jun. 30, 2022
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	10,000,000	10,000,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	84,553,944	40,922,944
Common stock, shares outstanding	84,553,944	40,922,944
Series A Cumulative Redeemable Preferred Stock [Member]
Temporary equity, par or stated value per share	$ 0.001	$ 0.001
Temporary equity, shares authorized	1,725,000	1,725,000
Temporary equity, shares issued	835,950	835,950
Temporary equity, shares outstanding	835,950	835,950
Temporary equity, liquidation preference	$ 9,195,450	$ 9,195,450
Series B Redeemable Preferred Stock [Member]
Temporary equity, par or stated value per share	$ 0.001	$ 0.001
Temporary equity, shares authorized	100	0
Temporary equity, shares issued	100	0
Temporary equity, shares outstanding	100	0
Temporary equity, liquidation preference	$ 1,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Net revenue	$ 6,409,405	$ 14,531,047	$ 16,014,669	$ 30,939,338
Operating costs and expenses:
Cost of revenue	2,371,655	6,515,140	6,122,071	12,966,432
Sales and marketing	1,843,557	6,871,546	4,288,892	14,258,009
General and administrative	7,559,402	13,171,186	17,030,436	24,346,322
Asset impairment charges	16,135,000		16,135,000
Total operating expenses	27,909,614	26,557,872	43,576,399	51,570,763
Operating loss	21,500,209	12,026,825	27,561,730	20,631,425
Other income (expense):
Interest expense	(971,374)	(2,412,716)	(2,029,782)	(4,757,912)
Loss on conversion of senior convertible note		(5,999,662)		(5,999,662)
Loss on extinguishment of senior convertible note		(28,478,804)		(28,478,804)
Change in fair value of derivative liability	8,324,802	(1,482,621)	8,599,666	(1,482,621)
Change in fair value of warrant liability	2,571,732	8,651,922	5,022,288	20,460,522
(Loss) gain on contingent consideration	(3,044,019)	1,851,446	(2,864,551)	1,851,446
Other non-operating income (loss)	486,386	58,770	532,836	(1,352,415)
Total other income (expense), net	7,367,527	(27,811,665)	9,260,457	(19,759,446)
Loss before income taxes	14,132,682	39,838,490	18,301,273	40,390,871
Income tax benefit (expense)		5,503,861		5,503,861
Net loss	14,132,682	34,334,629	18,301,273	34,887,010
Dividend on 10% Series A cumulative redeemable convertible preferred stock	(200,628)	(100,314)	(401,256)	(100,314)
Accretion of 10% Series A cumulative redeemable convertible preferred stock to redemption value	(75,258)	(35,073)	(149,802)	(35,073)
Net loss attributable to common stockholders	$ 14,408,568	$ 34,470,016	$ 18,852,331	$ 35,022,397
Net loss per common share:
Basic and diluted loss per common share	$ (0.20)	$ (1.53)	$ (0.32)	$ (1.57)
Weighted average number of common shares outstanding, basic and diluted	73,162,495	22,538,341	58,764,491	22,246,616

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Net loss	$ 14,132,682	$ 34,334,629	$ 18,301,273	$ 34,887,010
Other comprehensive loss:
Foreign currency translation (gain) loss	(2,536,663)	791,539	(10,185)	2,216,525
Total comprehensive loss	$ 11,596,019	$ 35,126,168	$ 18,291,088	$ 37,103,535

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Changes in Mezzanine Equity and Stockholders' Equity (Deficit) (Unaudited) - USD ($)	Preferred Stock [Member] Series A Cumulative Redeemable Preferred Stock [Member]	Preferred Stock [Member] Series B Redeemable Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Beginning balance, value at Jun. 30, 2021			$ 21,896	$ 122,341,002	$ (46,908,336)	$ (669,170)	$ 74,785,392
Beginning Balance, shares at Jun. 30, 2021			21,896,145
Stock based compensation				308,073			308,073
Foreign exchange translation						$ (1,424,986)	$ (1,424,986)
Net loss					(552,381)		(552,381)
Common stock issued upon the exercise of stock options			$ 8	40,961			40,969
Common stock issued upon the exercise of stock options, shares			8,500
Common stock issued for services			$ 79	574,220			574,299
Common stock issued for services, shares			78,527
Ending balance, value at Sep. 30, 2021			$ 21,983	123,264,256	(47,460,717)	(2,094,156)	73,731,366
Ending Balance, shares at Sep. 30, 2021			21,983,172
Beginning balance, value at Jun. 30, 2021			$ 21,896	122,341,002	(46,908,336)	(669,170)	74,785,392
Beginning Balance, shares at Jun. 30, 2021			21,896,145
Net loss							(34,887,010)
Common stock issued for services							$ 574,299
Common stock issued for services, shares							82,527
Foreign exchange translation							$ (2,216,525)
Ending balance, value at Dec. 31, 2021	$ 7,634,407		$ 24,070	134,665,366	(81,795,346)	(2,885,695)	50,008,395
Ending Balance, shares at Dec. 31, 2021	835,950		24,070,326
Beginning balance, value at Jun. 30, 2021			$ 21,896	122,341,002	(46,908,336)	(669,170)	$ 74,785,392
Beginning Balance, shares at Jun. 30, 2021			21,896,145
Common stock issued upon the exercise of stock options, shares							14,000
Ending balance, value at Jun. 30, 2022	$ 7,781,380		$ 40,923	144,874,173	(149,140,426)	(7,376,114)	$ (11,601,444)
Ending Balance, shares at Jun. 30, 2022	835,950		40,922,944
Beginning balance, value at Sep. 30, 2021			$ 21,983	123,264,256	(47,460,717)	(2,094,156)	73,731,366
Beginning Balance, shares at Sep. 30, 2021			21,983,172
Accretion of redemption value and issuance costs	$ 35,073			(35,073)			(35,073)
10% Series A cumulative redeemable convertible preferred stock cash dividend				$ (100,314)			$ (100,314)
Stock based compensation				1,729,401			1,729,401
Net loss					$ (34,334,629)		$ (34,334,629)
Common stock issued for services			$ 4	(4)
Common stock issued for services, shares			4,000
Proceeds from issuance of 10% Series A cumulative redeemable convertible preferred stock	$ 7,599,334
Proceeds from issuance of 10% Series A cumulative redeemable convertible preferred stock, shares	835,950
Conversion of Senior Convertible Note			$ 1,702	8,241,752			8,243,454
Conversion of senior convertible note, shares			1,701,841
Issuance of common stock under the ATM, net of issuance costs			$ 376	1,538,843			1,539,219
Issuance of common stock under the ATM, net of issuance costs, shares			375,813
Common stock and warrants issued in equity financing, net of issuance costs			$ 5	26,505			26,510
Common stock and warrants issued in equity financing, net of issuance costs, shares			5,500
Foreign exchange translation						(791,539)	(791,539)
Ending balance, value at Dec. 31, 2021	$ 7,634,407		$ 24,070	134,665,366	(81,795,346)	(2,885,695)	50,008,395
Ending Balance, shares at Dec. 31, 2021	835,950		24,070,326
Beginning balance, value at Jun. 30, 2022	$ 7,781,380		$ 40,923	144,874,173	(149,140,426)	(7,376,114)	(11,601,444)
Beginning Balance, shares at Jun. 30, 2022	835,950		40,922,944
Accretion of redemption value and issuance costs	$ 74,544			(74,544)			(74,544)
10% Series A cumulative redeemable convertible preferred stock cash dividend				(200,628)			(200,628)
Common stock and pre-funded warrants issued in equity financing, net of issuance costs			$ 30,000	$ 1,538,130			$ 1,568,130
Common stock and warrants issued in equity financing, net of issuance costs, shares			30,000,000
Stock based compensation				921,991			921,991
Foreign exchange translation						$ (2,526,478)	$ (2,526,478)
Net loss					(4,168,591)		(4,168,591)
Ending balance, value at Sep. 30, 2022	$ 7,855,924		$ 70,923	147,059,122	(153,309,017)	(9,902,592)	(16,081,564)
Ending Balance, shares at Sep. 30, 2022	835,950		70,922,944
Beginning balance, value at Jun. 30, 2022	$ 7,781,380		$ 40,923	144,874,173	(149,140,426)	(7,376,114)	(11,601,444)
Beginning Balance, shares at Jun. 30, 2022	835,950		40,922,944
Net loss							$ (18,301,273)
Common stock issued upon the exercise of stock options, shares
Foreign exchange translation							$ 10,185
Ending balance, value at Dec. 31, 2022	$ 7,931,182	$ 1,000	$ 84,554	148,922,856	(167,441,699)	(7,365,929)	(25,800,218)
Ending Balance, shares at Dec. 31, 2022	835,950	100	84,553,944
Beginning balance, value at Sep. 30, 2022	$ 7,855,924		$ 70,923	147,059,122	(153,309,017)	(9,902,592)	(16,081,564)
Beginning Balance, shares at Sep. 30, 2022	835,950		70,922,944
Accretion of redemption value and issuance costs	$ 75,258			(75,258)			(75,258)
10% Series A cumulative redeemable convertible preferred stock cash dividend				(200,628)			(200,628)
Common stock and pre-funded warrants issued in equity financing, net of issuance costs			$ 7,065	$ 2,139,620			$ 2,146,685
Common stock and warrants issued in equity financing, net of issuance costs, shares			7,065,000
Stock based compensation
Foreign exchange translation						$ 2,536,663	$ 2,536,663
Net loss					(14,132,682)		(14,132,682)
Proceeds from issuance of Series B redeemable preferred stock		$ 1,000
Proceeds from issuance of Series B redeemable preferred stock, shares		100
Common stock issued on exercise of Pre-funded warrants			$ 6,566				6,566
Common stock issued on exercise of Pre-funded warrants, shares			6,566,000
Foreign exchange translation							2,536,663
Ending balance, value at Dec. 31, 2022	$ 7,931,182	$ 1,000	$ 84,554	$ 148,922,856	$ (167,441,699)	$ (7,365,929)	$ (25,800,218)
Ending Balance, shares at Dec. 31, 2022	835,950	100	84,553,944

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities:
Net loss	$ (18,301,273)	$ (34,887,010)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization and depreciation	3,788,874	6,429,961
Asset impairment charges	16,135,000
Right-of-use asset amortization	44,819	252,505
Stock-based compensation	921,991	2,611,773
Deferred income taxes		(5,503,861)
Loss on conversion of senior convertible note		5,999,662
Loss on extinguishment of senior convertible note		28,478,804
Amortization of debt discount		3,389,055
Change in fair value of warrant liability	(5,022,288)	(20,460,522)
Loss (gain) on contingent consideration	2,864,551	(1,851,446)
Change in fair value of derivative liability	(8,599,666)	1,482,621
Changes in operating assets and liabilities:
Accounts receivable	(575,781)	(668,265)
Receivables reserved for users	284,610	(1,931,354)
Other receivables	(577,026)	(315,328)
Prepaid expenses and other current assets	251,743	900,016
Other non-current assets	288,658	86,877
Accounts payable and accrued expenses	1,844,155	4,889,778
Liabilities to customers	(2,342,854)	3,110,848
Deferred revenue	515,236	644,701
Operating lease liability	(61,727)	(258,027)
Net cash used in operating activities	(8,540,978)	(7,599,212)
Cash flows from investing activities:
Cash consideration paid for Bethard acquisition, net of cash acquired		(20,067,871)
Purchase of intangible assets		(34,647)
Purchases of equipment	(3,321)	(83,227)
Net cash used in investing activities	(3,321)	(20,185,745)
Cash flows from financing activities:
Proceeds from equity financing, net of issuance costs	9,001,103	7,599,334
Proceeds from exercise of pre-funded warrants	6,566
Proceeds from issuance of Series B redeemable preferred stock, net of issuance costs	1,000
Payment of dividends on 10% Series A cumulative redeemable convertible preferred stock	(401,256)	(100,314)
Issuance of common stock under the ATM, net of issuance costs		1,362,011
Payment of Bethard contingent consideration		(850,520)
Proceeds from exercise of stock options and warrants, net of issuance costs		67,479
Repayment of senior convertible note	(2,778,427)
Repayment of notes payable and finance leases	(36,746)	(52,376)
Net cash provided by financing activities	5,792,240	8,025,614
Effect of exchange rate on changes in cash and restricted cash	(697,641)	(148,357)
Net decrease in cash and restricted cash	(3,449,700)	(19,907,700)
Cash and restricted cash, beginning of period	4,809,808	23,360,368
Cash and restricted cash, end of period	1,360,108	3,452,668
Cash	682,378	1,040,051
Restricted cash	677,730	2,412,617
Cash	2,517,146	19,917,196
Restricted cash	2,292,662	3,443,172
CASH PAID FOR:
Interest	2,013,588	1,146,977
Income taxes
SUPPLEMENTAL DISLCOSURE OF NON-CASH FINANCING ACTIVITIES:
Accretion of 10% Series A cumulative redeemable convertible preferred stock	149,802	35,072
Fair value of contingent consideration payable in cash and common stock for Bethard acquisition		6,700,000
Conversion of senior convertible notes to common stock		8,243,454
Settlement proceeds due from sale of common stock under the ATM		177,208
Right-of-use asset obtained in exchange for operating lease obligation		$ 1,112,960

Nature of Operations

Nature of Operations	6 Months Ended
	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations	Note 1 – Nature of Operations Esports Entertainment Group, Inc. (the “Company” or “EEG”) was formed in the state of Nevada on July 22, 2008 under the name Virtual Closet, Inc., before changing its name to DK Sinopharma, Inc. on June 6, 2010 and then to, VGambling, Inc. on August 12, 2014. On or about April 24, 2017, VGambling, Inc. changed its name to Esports Entertainment Group, Inc. The Company is a diversified operator of iGaming, traditional sports betting and esports businesses with a global footprint. The Company’s strategy is to build and acquire iGaming and traditional sports betting platforms and use them to grow the esports business whereby customers have access to game centers, online tournaments and player-versus-player wagering. On July 31, 2020, the Company commenced revenue generating operations with the acquisition of LHE Enterprises Limited, a holding company for Argyll Entertainment (“Argyll”), an online sportsbook and casino operator. On January 21, 2021, the Company completed its acquisition of Phoenix Games Network Limited, the holding company for the Esports Gaming League (“EGL”), and provider of event management and team services, including live and online events and tournaments. On March 1, 2021, the Company completed the acquisition of the operating assets and specified liabilities that comprise the online gaming operations of Lucky Dino Gaming Limited, a company registered in Malta, and Hiidenkivi Estonia OU, its wholly owned subsidiary registered in Estonia (collectively referred to as “Lucky Dino”). On June 1, 2021, the Company acquired ggCircuit, LLC (“GGC”) and Helix Holdings, LLC (“Helix”). GGC is a business-to-business software company that provides cloud-based management for gaming centers, a tournament platform and integrated wallet and point-of-sale solutions. Helix owned and operated esports centers that were disposed of on June 10, 2022, as the Company exited the physical sites. From the Helix acquisition, the Company retained its core esports programming and gaming infrastructure and remains focused on its core esports offerings. On July 13, 2021, the Company completed its acquisition of Bethard Group Limited the online casino and sports book business operating under the brand of Bethard (“Bethard”). Bethard’s business-to-consumer operations provides sportsbook, casino, live casino and fantasy sport betting services. On February 14, 2023, the Company entered into a share purchase agreement to sell the Bethard business and it is expected to close in the second quarter of fiscal 2023 (Note 19).

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2 – Summary of Significant Accounting Policies Basis of presentation and principles of consolidation The accompanying unaudited condensed consolidated financial statements and related notes have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information, and with the rules and regulations of the United States Securities and Exchange Commission (the “SEC”) set forth in Article 8 of Regulation S-X. Pursuant to the rules and regulations of the SEC, certain information and footnote disclosures normally included in annual financial statements prepared in accordance with U.S. GAAP have been omitted. The unaudited condensed consolidated financial statements reflect all adjustments (consisting of normal recurring accruals) which are, in the opinion of management, necessary to fairly state the results for the interim periods presented. Interim results are not necessarily indicative of the results for the full fiscal year. The unaudited condensed consolidated financial statements should be read along with the Annual Report filed on Form 10-K of the Company for the annual period ended June 30, 2022. The unaudited condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All material intercompany transactions and balances have been eliminated in consolidation. Reportable Segments The Company operates two complementary business segments: EEG iGaming EEG iGaming includes the Company’s iGaming casino and sportsbook product offerings. Currently, the Company operates the business to consumer segment primarily in Europe. EEG Games EEG Games’ focus is on providing esports entertainment experiences to gamers through a combination of: (1) our proprietary infrastructure software, GGC, which underpins our focus on esports and is a leading provider of local area network (“LAN”) center management software and services, enabling us to seamlessly manage mission critical functions such as game licensing and payments, (2) online tournaments (through our EGL tournament platform), and (3) player-vs-player wagering. Currently, we operate our esports EEG Games business in the United States and Europe. These segments consider the organizational structure of the Company and the nature of financial information available and reviewed by the chief operating decision maker to assess performance and make decisions about resource allocations. Use of Estimates The preparation of unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the unaudited condensed consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates include the valuation and accounting for equity awards related to warrants and stock-based compensation, determination of fair value for derivative instruments, the valuation and recoverability of goodwill and intangible assets, the accounting for business combinations, including estimating contingent consideration and allocating purchase price, estimating fair value of intangible assets, as well as the estimates related to accruals and contingencies. Liquidity and Going Concern The accompanying unaudited condensed consolidated financial statements of the Company have been prepared assuming the Company will continue as a going concern. The going concern basis of presentation assumes that the Company will continue in operation one year after the date these unaudited condensed consolidated financial statements are issued and will be able to realize its assets and discharge its liabilities and commitments in the normal course of business. The Company has determined that certain factors raise substantial doubt about its ability to continue as a going concern for a least one year from the date of issuance of these unaudited condensed consolidated financial statements included in this report. One such factor considered by the Company is its compliance with certain debt covenants under terms of the Senior Convertible Note (the “Senior Convertible Note”), issued by the Company on February 22, 2022 in the principal amount of $ 35,000,000 with a December 31, 2022 outstanding carrying value of $ 32,221,573 . The Company has not maintained compliance with certain debt covenants and is currently in default under the terms of the Senior Convertible Note. The Company repaid principal of $ 2,778,427 during the six months ended December 31, 2022, using proceeds from the September 2022 equity financing (“September 2022 Offering”). Subsequent to December 31, 2022 and through February 17, 2023, one business day preceding this filing, the Company has converted $ 18,861,575 of the Senior Convertible Note through the issuance of 217,159,442 shares of common stock (Note 19). In addition, on February 14, 2023, the Company entered into a Share Purchase Agreement (“SPA”) for the sale of the Bethard business (Note 19). On February 16, 2023, as a condition to the closing of the sale of the Bethard business, the Company entered into an Amendment and Waiver Agreement (the “Amendment”) with the of the Senior Convertible Note holder (the “Holder”) (Note 19). After including the impact of the conversions reducing the debt by $ 18,861,573 2,950,000 for fees of $ 450,000 2,500,000 16,310,000 . The Company will continue to convert to further reduce this debt. The maturity date of the Senior Convertible Note is June 2, 2023 . The Senior Convertible Note is classified as a current liability on the unaudited condensed consolidated balance sheet and due to the default it may be redeemed by the Holder prior to its maturity date. The Company has also recorded a derivative liability for the alternate conversion in the Senior Convertible Note of $ 799,954 in current liabilities on the unaudited condensed consolidated balance sheet that may be due to the Holder as part of the make-whole liability under the default terms of the Senior Convertible Note. The cash liability calculated under the terms of the Senior Convertible Note of approximately $ 933,000,000 , is materially higher than the fair value of the derivative liability of $ 799,954 calculated at December 31, 2022. The calculated make-whole liability may differ materially from the amount at which the Company may be required to pay under the Senior Convertible Note. In addition to the conversions discussed above, the Company is in discussions with the Holder to restructure its payment obligations, including but not limited to eliminating the derivative liability on its unaudited condensed consolidated balance sheet and addressing the Company’s default status under the debt. In connection with the Company’s plan to maintain compliance with the Nasdaq Listing Rules, which includes actions to be taken to meet the minimum market value of listed securities or minimum stockholders’ equity, the Company may issue a perpetual convertible preferred stock by March 31, 2023, to cover the remaining principal balance due under the Senior Convertible Note at the time of entering the issuance. Although the Company and the Holder of the Senior Convertible Note are in discussions to determine the terms of the perpetual convertible preferred stock, such terms have not been finalized and there is no assurance that the Company and the Holder will come to an agreement on such terms. The ability of the Holder of the perpetual convertible preferred stock to convert such preferred stock into shares of our common stock was approved in the 2022 annual meeting of stockholders held on January 26, 2023. The Company will disclose the material terms of the perpetual convertible preferred stock in connection with the completion of the exchange transaction, including the filing of a certificate of designation with the State of Nevada to designate the terms of such preferred stock after the issuance of the stock. In addition, as part of the Company’s plan to maintain compliance with the Nasdaq Listing Rules, and as approved in the 2022 annual meeting of stockholders, the Company intends to effect a reverse stock split of our outstanding common stock. The Board has approved the reverse split at a ratio of one-for-one-hundred (1 for 100 19.99% of the Company’s outstanding shares of Common Stock. See Note 11 for additional information regarding the Senior Convertible Note, and the potential effects on the Company’s business, financial condition, and results of operations. In addition to compliance with debt covenants, the Company considered that it had an accumulated deficit of $ 167,441,699 7,871,822 54,870,414 8,540,978 18,301,273 682,378 46,998,592 7,065,000 17,850,000 0.0937 0.001 2,316,686 1,073,343 1,073,343 30,000,000 30,000,000 0.25 0.25 7,500,000 3,600,000 0.01 0.25 36,000 2,265,927 50 2,000,000 7 512,500 2,050,000 2,050,000 512,500 4,075,991 15,000,000 1.00 15,000,000 1.00 2,250,000 1.00 13,605,000 The amount of available cash on hand on February 17, 2023, one business day preceding this filing, was $ 951,153 The Company believes that its current level of cash and cash equivalents are not sufficient to fund its operations and obligations without additional financing. Although the Company has financing available, as further described below, the ability to raise financing using these sources is subject to several factors, including market and economic conditions, performance, and investor sentiment as it relates to the Company and the esports and iGaming industry. The combination of these conditions was determined to raise substantial doubt regarding the Company’s ability to continue as a going concern for a period of at least one year from the date of issuance of these unaudited condensed consolidated financial statements. In determining whether the Company can overcome the presumption of substantial doubt about its ability to continue as a going concern, the Company may consider the effects of any mitigating plans for additional sources of financing. The Company identified additional financing sources it believes, depending on market conditions, may be available to fund its operations and drive future growth, which include (i) the potential expected proceeds from the recently filed S-1 where the amount of the offering has not yet been determined 33,600,000 0.25 17,250,000 1.00 These above plans are likely to require the Company to place reliance on several factors, including favorable market conditions, to access additional capital in the future. These plans were therefore determined not to be sufficient to overcome the presumption of substantial doubt about the Company’s ability to continue as a going concern. The unaudited condensed consolidated financial statements do not reflect any adjustments that might result from the outcome of this uncertainty. COVID-19 The novel coronavirus (“COVID-19”) emerged in December 2019 and has since adversely impacted global commercial activity, disrupted supply chains and contributed to significant volatility in financial markets. The Company has previously indicated that a significant or prolonged decrease in consumer spending on entertainment or leisure activities may have an adverse effect on demand for the Company’s product offerings, including in-person access to game centers and tournaments, reducing cash flows and revenues, and thereby materially harming the Company’s business, financial condition and results of operations. The ultimate impact of the COVID-19 pandemic on other areas of the business will depend on future developments, which are uncertain and may result in an extended period of continued business disruption and reduced operations. A materially disruptive resurgence of COVID-19 cases or the emergence of additional variants or strains of COVID-19 could cause other widespread or more severe impacts depending on where infection rates are highest. Any resulting financial impact cannot be reasonably estimated at this time but may have a material adverse impact on the Company’s business, financial condition and results of operations. The Company will continue to monitor developments relating to disruptions and uncertainties caused by COVID-19. Nasdaq Continued Listing Rules or Standards On April 11, 2022, the Company received a deficiency notification letter from the Listing Qualifications Staff of the Nasdaq Stock Market (“Nasdaq”) indicating that the Company was not in compliance with Nasdaq Listing Rule 5550(a)(2) because the bid price for the Company’s Common Stock had closed below $1.00 per share for the previous thirty consecutive business days. On June 7, 2022, the Company received a further letter from Nasdaq notifying the Company that for the last 30 consecutive business days, the Company’s minimum Market Value of Listed Securities (“MVLS”) was below the minimum of $ 35,000,000 On October 11, 2022, the Company received a third letter from Nasdaq notifying the Company that the Company’s Common Stock will be delisted, and the Company’s Common Stock warrants traded under the symbols GMBLW and GMBLZ and the Company’s 10% Series A cumulative redeemable convertible preferred stock traded under symbol GMBLP will no longer qualify for listing, and in that regard trading of the Company’s Common Stock, Common Stock warrants and 10% Series A cumulative redeemable convertible preferred stock will be suspended. The Company requested an appeal with the Nasdaq Hearings Panel (the “Panel”) and the hearing was held on November 17, 2022. On November 30, 2022, the Company received a determination from the Panel granting the Company’s request for the continued listing of its common stock on the Capital Market tier of Nasdaq, subject to the Company evidencing compliance with Nasdaq’s minimum bid price, and the $ 2,500,000 On December 6, 2022, the Company received a fourth letter from Nasdaq notifying the Company that it has not regained compliance with Listing Rule 5550(b)(2) requiring the Company to maintain a MVLS at a minimum of $ 35,000,000 From the initial determination, the Company has completed conditions 1 and 2: 1. On or before January 13, 2023, the Company shall file a Form S-1 registration statement with the SEC for a $ 10 2. On January 26, 2023, the Company shall obtain stockholder approval for a reverse stock split at a ratio that is sufficient to ensure compliance with the Bid Price Rule; On January 13, 2023, the Company filed its S-1, subject to amendments, and on January 26, 2023, as part of the 2022 annual meeting, the Company obtained stockholder approval for the of the Common Stock at a ratio of not less than one-for-twenty (1-for-20) and not more than one-for-one-hundred (1-for-100). The Board has approved the reverse split at a ratio of one-for-one-hundred (1 for 100), without a corresponding reduction in the total number of authorized shares of Common Stock, and to be in effect no later than February 22, 2023 to meet the minimum bid price compliance milestone. On February 8, 2023 the Company received notice from the Panel updating its remaining conditions as follows: 1. On February 20, 2023, the Company shall provide a written update to the Panel regarding the progress of its debt-to-equity conversion plan and its impact on the Company’s equity; 2. On March 7, 2023, the Company shall have demonstrated compliance with the Bid Price Rule, by evidencing a closing bid price of $ 1.00 3. On March 31, 2023, the Company shall demonstrate compliance with the shareholder equity requirement, as outlined in Equity Rule. The Company is working towards meeting all other conditions related to regaining compliance with the Nasdaq Listing Rules including the conversion of the Senior Convertible Note. Additionally, the Panel reserved the right to reconsider the terms of this exception. As a result, any failure to regain and maintain compliance with the continued listing requirements of Nasdaq could result in delisting of our common stock from Nasdaq and negatively impact our company and holders of our common stock, including by reducing the willingness of investors to hold our common stock because of the resulting decreased price, liquidity and trading of our common stock, limited availability of price quotations and reduced news and analyst coverage. Delisting may adversely impact the perception of our financial condition, cause reputational harm with investors, our employees and parties conducting business with us and limit our access to debt and equity financing. As discussed above, the Company is in the process of taking definitive steps to comply with all applicable conditions and criteria for continued listing on Nasdaq. There can be no assurances, however, that the Company will be able to do so. The Company must satisfy the time frame granted by the Panel or Nasdaq will provide written notification that its securities will be delisted. As part of the compliance plan the Company is negotiating with the Holder to restructure the Senior Convertible Note, including the derivative liability. Cash and Cash Equivalents Cash includes cash on hand. Cash equivalents consist of highly liquid financial instruments purchased with an original maturity of three months or less. As of December 31, 2022 and June 30, 2022, the Company did not have any financial instruments classified as cash equivalents. At times, cash deposits inclusive of restricted cash may exceed Federal Deposit Insurance Corporation (“FDIC”) insured limits. Accounts are insured by the FDIC up to $ 250,000 Restricted Cash Restricted cash includes cash reserves maintained for compliance with gaming regulations that require adequate liquidity to satisfy the Company’s liabilities to customers. Accounts Receivable Accounts receivable is comprised of the amounts billed to customers principally for esports events and team management services. Accounts receivable is recorded net of an allowance for credit losses. The Company performs ongoing credit evaluations for its customers and determines the amount of the allowance for credit losses upon considering such factors as historical losses, known disputes or collectability issues, the age of a receivable balance as well as current economic conditions. Bad debt expense is recorded to maintain the allowance for credit losses at an appropriate level and changes in the allowance for credit losses are included in general and administrative expense in the unaudited condensed consolidated statements of operations. At December 31, 2022 and June 30, 2022, the allowance for credit losses was not material to the unaudited condensed consolidated financial statements of the Company. Receivables Reserved for Users User deposit receivables are stated at the amount the Company expects to collect from a payment processor. A user initiates a deposit with a payment processor, and the payment processor remits the deposit to the Company. The amount due from the payment processor is recorded as a receivable reserved for users on the unaudited condensed consolidated balance sheets. An allowance for doubtful accounts may be established if it is determined that the Company is unable to collect a receivable from a payment processor. An increase to the allowance for doubtful accounts is recognized as a loss within general and administrative expenses in the unaudited condensed consolidated statements of operations. The allowance for doubtful accounts is not material to the unaudited condensed consolidated financial statements. Equipment Equipment is stated at cost less accumulated depreciation. The Company capitalizes the direct cost of equipment as well as expenditures related to improvements and betterments that add to the productive capacity or useful life of the equipment. Depreciation is computed utilizing the straight-line method over the estimated useful life of the asset, or for leasehold improvements, the shorter of the initial lease term or the estimated useful life of the improvements. The estimated useful life of equipment by asset class follows: Schedule of Estimated Useful Life of Asset Computer Equipment Up to 5 Furniture and fixtures Up to 7 Leasehold improvements Shorter of the remaining lease term or estimated life of the improvement The estimated useful life and residual value of equipment are reviewed and adjusted, if appropriate, at the end of each reporting period. The costs and accumulated depreciation of assets that are sold, retired, or otherwise disposed of are removed from the accounts and the resulting gain or loss is recognized as a gain or loss on sale or disposition of assets in the unaudited condensed consolidated statements of operations. Business Combinations The Company accounts for business combinations using the acquisition method of accounting. The Company records the assets acquired, liabilities assumed and acquisition-related contingent consideration at fair value on the date of acquisition. The difference between the purchase price, including any contingent consideration, and the fair value of net assets acquired is recorded as goodwill. The Company may adjust the preliminary purchase price and purchase price allocation, as necessary, during the measurement period of up to one year after the acquisition closing date as it obtains more information as to facts and circumstances that impact the determination of fair value at the acquisition date. Any change in fair value of acquisition-related contingent consideration resulting from events after the acquisition date is recognized in earnings. Acquisition-related costs are recognized separately from the acquisition and are expensed as incurred. Goodwill Goodwill represents the excess of fair value of consideration paid for an acquired entity over the fair value of the assets acquired and liabilities assumed in a business combination. Goodwill is not amortized but rather it is tested for impairment at the reporting unit level on an annual basis on April 1 for each fiscal year, or more often if events or changes in circumstances indicate that more likely than not the carrying amount of the asset may not be recoverable. A reporting unit represents an operating segment or a component of an operating segment. In accordance with ASC Topic 350 Intangibles - Goodwill and Other In testing goodwill for impairment, the Company has the option to begin with a qualitative assessment, commonly referred to as “Step 0,” to determine whether it is more likely than not that the fair value of a reporting unit containing goodwill is less than its carrying value. This qualitative assessment may include, but is not limited to, reviewing factors such as macroeconomic conditions, industry and market considerations, cost factors, entity-specific financial performance and other events, including changes in the Company’s management, strategy and primary user base. If the Company determines that it is more likely than not that the fair value of a reporting unit is less than its carrying value, the Company then performs a quantitative goodwill impairment analysis by comparing the carrying amount to the fair value of the reporting unit. If it is determined that the fair value is less than its carrying amount, the excess of the goodwill carrying amount over the implied fair value is recognized as an impairment loss in accordance with Accounting Standards Update (“ASU”) No. 2017-04, Goodwill and Other (Topic 350): Simplifying the Accounting for Goodwill Impairment During the three months ended December 31, 2022, the Company’s initiated a process to evaluate the strategic options for the EEG iGaming business, including exploring a sale of EEG iGaming assets due to increasing regulatory burdens and competition. In December 2022, the Company closed down its licensed remote gambling operation in the UK market and on December 9, 2022 surrendered its UK license, as part of the winding down of the Argyll UK iGaming operations. Subsequent to the period end, the Company appointed a new CEO and a new interim CFO and on January 18, 2023 sold its EEG iGaming Spanish license. As part of these changes the Company has been focused on reducing costs in its businesses as it has seen the EEG iGaming revenues decline significantly from levels seen in the previous year and previous quarters. This and uncertainties caused by inflation and world stability were determined to be a triggering event and the long-lived assets of the Company were quantitatively tested for impairment. For the three and six months ended December 31, 2022, the Company recognized total goodwill asset impairment charges of $ 16,135,000 14,500,000 1,635,000 Intangible assets Intangible assets with determinable lives consist of player relationships, developed technology and software, tradenames and gaming licenses. Intangible assets with determinable lives are amortized on a straight-line basis over their estimated useful lives of 5 years 10 years 2 years Impairment of Long-Lived Assets Equipment and other long-lived assets, including finite lived intangibles, are evaluated for impairment periodically or when events and circumstances indicate that the carrying amount of an asset may not be recoverable. If an evaluation is required, an estimate of future undiscounted cash flows are determined through estimated disposition date of the asset. To the extent that estimated future undiscounted net cash flows attributable to the asset are less than the carrying amount, an impairment loss is recognized equal to the difference between the carrying value of such asset and its fair value, considering external market participant assumptions. An estimation of future cash flows requires significant judgment as the Company makes assumptions about future results and market conditions. Since the determination of future cash flows is an estimate of future performance, there may be impairments recognized in future periods in the event future cash flows do not meet expectations. During the three and six months ended December 31, 2022 and 2021, the Company determined that there was no impairment on its long-lived assets. Liabilities to Customers The Company records liabilities to customers, also referred to as player liabilities, for the amounts that may be withdrawn by a player at a given time. The player liabilities include player deposits, bonuses or incentive awards and user winnings less withdrawals, tax withholdings and player losses. The Company maintains a restricted cash balance and player deposits held by third parties, recorded as receivables reserved for users on the unaudited condensed consolidated balance sheets, at levels equal to or exceeding its liabilities to customers. Jackpot Provision The jackpot provision liability is an estimate of the amount due to players for jackpot winnings. The jackpot liability is accrued monthly based on an estimate of the jackpot amount available for winning. The jackpot increases with each bet on a jackpot eligible iGaming casino machine and a portion of each losing bet is allocated towards the funding of the jackpot amount. Jackpots are programmed to be paid out randomly across certain casino brands. When a player wins a jackpot, the amount of the jackpot is reset to a defined amount that varies across eligible iGaming casino machines. Participating iGaming casino machines of the Company pool into the same jackpot and therefore the winning of a jackpot affects other players on the network of participating iGaming casino machines. Jackpot winnings reduce revenue at the time the entity has the obligation to pay the jackpot, which occurs when the jackpot is won by the player. Leases The Company leases office space through operating lease agreements that were a result of its acquisitions of Argyll and Lucky Dino. The Company previously leased game center space, other property and equipment, acquired through the Helix acquisition, that was sold as part of the Helix sale transaction on June 10, 2022, where the purchaser assumed the lease liabilities. The Company measures an operating lease right-of-use (“ROU”) asset and liability, as well as a finance lease asset and liability, based on the present value of the future minimum lease payments over the lease term at the commencement date. Minimum lease payments include the fixed lease and non-lease components of the agreement, as well as any variable rent payments that depend on an index, initially measured using the index at the lease commencement date. The minimum payments under operating leases are recognized on a straight-line basis over the lease term in the unaudited condensed consolidated statements of operations. Operating lease expenses related to variable lease payments are recognized as operating expenses in a manner consistent with the nature of the underlying lease and as the events, activities, or circumstances in the lease agreement occur. Leases with a term of less than 12 months (“short-term leases”) are not recognized on the unaudited condensed consolidated balance sheets. The rent expense for short-term leases is recognized on a straight-line basis over the lease term and included in general and administrative expense on the unaudited condensed consolidated statements of operations. Income Taxes The Company accounts for income taxes using the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been recognized in the unaudited condensed consolidated financial statements or in the Company’s tax returns. Deferred tax assets and liabilities are determined on the basis of the differences between U.S. GAAP treatment and tax treatment of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. Changes in deferred tax assets and liabilities are recorded in the provision for income taxes. The Company assesses the likelihood that its deferred tax assets will be recovered from future taxable income and, to the extent it believes, based upon the weight of available evidence, that it is more likely than not that all or a portion of the deferred tax assets will not be realized, a valuation allowance is established through a charge to income tax expense. Potential for recovery of deferred tax assets is evaluated by considering taxable income in carryback years, existing taxable temporary differences, prudent and feasible tax planning strategies and estimated future taxable profits. The Company accounts for uncertainty in income taxes recognized in the unaudited condensed consolidated financial statements by applying a two-step process to determine the amount of tax benefit to be recognized. First, the tax position must be evaluated to determine the likelihood that it will be sustained upon external examination by the taxing authorities. If the tax position is deemed more-likely-than-not to be sustained, the tax position is then assessed to determine the amount of benefit to recognize in the unaudited condensed consolidated financial statements. The amount of the benefit that may be recognized is the largest amount that has a greater than 50% likelihood of being realized upon ultimate settlement. The provision for income taxes includes the effects of any resulting tax reserves, or unrecognized tax benefits, that are considered appropriate, as well as the related net interest and penalties. Derivative Instruments The Company evaluates its convertible notes, equity instruments and warrants, to determine if those contracts or embedded components of those contracts qualify as derivatives (Note 11). The result of this accounting treatment is that the fair value of the embedded derivative is recorded at fair value each reporting period and recorded as a liability (Note 17) in the unaudited condensed consolidated balance sheets. In the event that the fair value is recorded as a liability, the change in fair value is recorded in the unaudited condensed consolidated statements of operations as other income or expense (Note 17). In circumstances where the embedded conversion option in a convertible instrument is required to be bifurcated and there are also other embedded derivative instruments in the convertible instrument that are required to be bifurcated, the bifurcated derivative instruments are accounted for as a single, compound derivative instrument. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is reasses

Other Receivables

Other Receivables	6 Months Ended
	Dec. 31, 2022
Receivables [Abstract]
Other Receivables	Note 3 – Other Receivables The components of other receivables are as follows: Schedule of Other Receivables December 31, 2022 June 30, 2022 Indirect taxes $ 20,416 $ 306,040 Other 1,272,360 66,243 Other receivables $ 1,292,776 $ 372,283

Prepaid Expenses and Other Curr

Prepaid Expenses and Other Current Assets	6 Months Ended
	Dec. 31, 2022
Prepaid Expenses And Other Current Assets
Prepaid Expenses and Other Current Assets	Note 4 – Prepaid Expenses and Other Current Assets The components of prepaid expenses and other current assets are as follows: Schedule of Prepaid Expenses and Other Current Assets December 31, 2022 June 30, 2022 Prepaid marketing costs $ 34,902 $ 298,300 Prepaid insurance 245,062 230,404 Prepaid gaming costs 283,221 575,113 Prepaid interest 421,566 - Accrued income - 110,613 Other 374,057 328,623 Prepaid expenses and other current assets $ 1,358,808 $ 1,543,053

Equipment

Equipment	6 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Equipment	Note 5 – Equipment The components of equipment are as follows: Schedule of Equipment December 31, 2022 June 30, 2022 Computer equipment $ 39,972 $ 35,911 Furniture and equipment 35,324 34,526 Equipment, at cost 75,296 70,437 Accumulated depreciation and finance lease amortization (39,330 ) (26,512 ) Equipment, net $ 35,966 $ 43,925 Depreciation expense and finance lease amortization expense was $ 13,899 12,872 36,312 59,608

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Note 6 – Goodwill and Intangible Assets A summary of the changes in the balance of goodwill by segment is as follows: Schedule of Goodwill EEG iGaming EEG Games Total Goodwill, balance as of June 30, 2022 19,660,481 2,614,832 22,275,313 Impairment charges (14,500,000 ) (1,635,000 ) (16,135,000 ) Foreign currency translation 443,801 - 443,801 Goodwill, balance as of December 31, 2022 $ 5,604,282 $ 979,832 $ 6,584,114 During the three months ended December 31, 2022, the Company concluded that goodwill impairment indicators existed considering that the EEG iGaming revenues had declined significantly from levels seen in the previous year and in the previous quarters. This and uncertainties caused by inflation and world stability were determined to be a triggering event and the long-lived assets of the Company were quantitatively tested for impairment. The Company performed its interim impairment tests on its long-lived assets, including its definite-lived intangible assets using an undiscounted cash flow analysis to determine if the cash flows expected to be generated by the asset groups over the estimated remaining useful life of the primary assets were sufficient to recover the carrying value of the asset groups, which were determined to be at the business component level. Based on the circumstances described above as of December 31, 2022, the Company determined that all its asset groups we recoverable under the undiscounted cash flow recoverability test. There were no In accordance with ASC 350, for goodwill, the Company performed an interim goodwill impairment test, which compared the estimated fair value of each reporting unit to its respective carrying values. The estimated fair value of each reporting unit was derived primarily by utilizing a discounted cash flows analysis. The results of the interim impairment tests performed indicated that the carrying value of the iGaming and GGC reporting units exceeded their estimated fair values determined by the Company. Based on the results of the goodwill impairment testing procedures, the Company recognized goodwill impairments of $ 14,500,000 1,635,000 16,135,000 no The assumptions used in the cost and undiscounted and discounted cash flow analyses require significant judgment, including judgment about appropriate growth rates, and the amount and timing of expected future cash flows. The Company’s forecasted cash flows were based on the current assessment of the markets and were based on assumed growth rates expected as of the measurement date. The key assumptions used in the cash flows were revenue growth rates, operating expenses and gross margins and the discount rates in the discounted cash flows. The assumptions used consider the current early growth stage of the Company, the current investment levels projected. The industry markets are currently at volatile levels and future developments are difficult to predict. The Company believes that its procedures for estimating future cash flows for each reporting unit, asset group and intangible asset are reasonable and consistent with current market conditions as of the testing date. If the markets that impact the Company’s business continue to deteriorate, the Company could recognize further goodwill and long-lived asset impairment charges. The table below reflects the adjusted gross carrying amounts for these intangible assets. The intangible amounts comprising the intangible asset balance are as follows: Schedule of Intangible Assets December 31, 2022 June 30, 2022 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Tradename $ 5,949,595 $ (893,348 ) $ 5,056,247 $ 5,835,512 $ (578,960 ) $ 5,256,552 Developed technology and software 10,244,592 (3,061,301 ) 7,183,291 10,109,366 (1,935,018 ) 8,174,348 Gaming licenses 1,348,025 (1,129,676 ) 218,349 1,317,567 (774,760 ) 542,807 Player relationships 21,395,918 (7,013,592 ) 14,382,326 20,920,029 (4,757,813 ) 16,162,216 Internal-use software 225,847 (17,830 ) 208,017 225,086 (14,520 ) 210,566 Total $ 39,163,977 $ (12,115,745 ) $ 27,048,230 $ 38,407,560 $ (8,060,653 ) $ 30,346,489 Amortization expense was $ 1,912,257 3,186,353 3,752,562 6,291,691 1,663,671 2,197,691 248,586 910,000 3,255,411 4,471,691 497,151 1,820,000 The estimated future amortization related to definite-lived intangible assets is as follows: Schedule of Future Amortization of Intangible Assets Remainder of Fiscal 2023 $ 3,799,449 Fiscal 2024 7,123,766 Fiscal 2025 7,123,766 Fiscal 2026 5,982,199 Fiscal 2027 676,955 Thereafter 2,342,095 Total $ 27,048,230

Other Non-Current Assets

Other Non-Current Assets	6 Months Ended
	Dec. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Non-Current Assets	Note 7 – Other Non-Current Assets The components of other non-current assets are as follows: Components of Other Non-Current Assets December 31, 2022 June 30, 2022 iGaming regulatory deposits $ 1,517,582 $ 1,715,053 iGaming deposit with service providers - 261,825 Rent deposit - 80,520 Other 4,746 4,778 Other non-current assets $ 1,522,328 $ 2,062,176

Accounts Payable and Accrued Ex

Accounts Payable and Accrued Expenses	6 Months Ended
	Dec. 31, 2022
Payables and Accruals [Abstract]
Accounts Payable and Accrued Expenses	Note 8 – Accounts Payable and Accrued Expenses The components of accounts payable and accrued expenses are as follows: Components of Accounts Payable and Accrued Expenses December 31, 2022 June 30, 2022 Trade accounts payable $ 6,689,344 $ 5,069,616 Accrued marketing 2,304,264 2,388,987 Accrued payroll and benefits 937,528 833,322 Accrued gaming liabilities 540,621 446,626 Accrued professional fees 78,855 555,967 Accrued jackpot liabilities 317,894 297,970 Accrued interest 1,018,327 - Accrued other liabilities 2,512,535 2,751,564 Total $ 14,399,368 $ 12,344,052

Related Party Transactions

Related Party Transactions	6 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
Related Party Transactions	Note 9 – Related Party Transactions The Company reimbursed the former CEO for office rent and related expenses. The Company incurred charges owed to the former CEO for office expense reimbursement of $ 0 1,200 1,200 2,400 no The Company retained the services of its former CFO and COO through a consultancy agreement dated April 2, 2022 and an employment agreement dated April 2, 2022. The Company remitted monthly payments to its former CFO and COO of NZD 36,995 20,854 500 no On May 4, 2017, the Company entered into a services agreement and a referral agreement with Contact Advisory Services Ltd., an entity that is partly owned by a member of the Board of Directors. The Company incurred general and administrative expenses of $ 1,339 9,173 4,274 20,282 6,438 0 The Company had retained services from a former member of its Board who remained as an advisor to the Company with an annual fee of $ 60,000 18,000 20,028 500 During the year ended June 30, 2021, the Company engaged in transactions with Tilt, LLC a game center operator controlled by the head of GGC. For the three months ended December 31, 2021 the Company had net sales to Tilt, LLC in the amount of $ 45,808 11,200 8,585 7,235 199,621 22,400 12,111 16,854

Leases

Leases	6 Months Ended
	Dec. 31, 2022
Leases
Leases	Note 10 – Leases The Company leases office and building space and equipment under operating lease agreements. The Company previously leased computer equipment under finance lease agreements that was disposed of in June 2022. The Company’s lease agreements have terms not exceeding five years. Certain leases contain options to extend that are assessed by management at the commencement of the lease and are included in the lease term if the Company is reasonably certain of exercising. In July 2021, the Company commenced a lease for office space of approximately 284 square meters in Saint Julians, Malta over a 3-year lease term. The lease has an annual expense of € 83,000 ($ 89,032 translated using the exchange rate in effect at December 31, 2022), increasing 4% annually. At lease inception, the Company determined it was not reasonably certain to exercise any of the options to extend. In October 2021, the Company commenced a lease for building space of approximately 3,200 square feet at the University of California in Los Angeles over a 5-year lease term (the “UCLA Lease”) . The lease has an annual expense of $ 17,500 , increasing 3% annually. At lease inception, the Company determined it was not reasonably certain to exercise any of the options to extend. The consolidated balance sheet allocation of assets and liabilities related to operating and finance leases is as follows: Schedule of Assets and Liabilities Related to Operating Lease Condensed Consolidated Balance Sheet Caption December 31, 2022 (unaudited) June 30, 2022 Assets: Operating lease assets Operating lease right-of-use assets $ 126,064 $ 164,288 Total lease assets $ 126,064 $ 164,288 Liabilities: Current: Operating lease liabilities Operating lease liability - current $ 422,344 $ 364,269 Long-term: Operating lease liabilities Operating lease liability - non-current 549,482 669,286 Total lease liabilities $ 971,826 $ 1,033,555 The operating lease expense for the three and six months ended December 31, 2022 was $ 36,154 73,408 181,313 296,216 8,430 23,182 Weighted average remaining lease terms and discount rates follow: Schedule of Weighted Average Remaining Lease Terms and Discount Rates December 31, 2022 June 30, 2022 Weighted Average Remaining Lease Term (Years): Operating leases 3.43 3.87 Weighted Average Discount Rate: Operating leases 8.00 % 8.00 % The future minimum lease payments at December 31, 2022 follows: Schedule of Future Minimum Lease Payments Operating Lease Remainder of fiscal 2023 $ 318,834 Fiscal 2024 315,170 Fiscal 2025 222,789 Fiscal 2026 229,473 Total lease payments 1,086,266 Less: imputed interest (114,440 ) Present value of lease liabilities $ 971,826

Long-Term Debt

Long-Term Debt	6 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Long-Term Debt	Note 11 – Long-Term Debt Notes payable and other long-term debt The components of notes payable and other long-term debt follows: Schedule of Notes Payable and Other Long-term Debt Maturity Interest Rate as of December 31, 2022 December 31, 2022 June 30, 2022 Notes payable April 30, 2023 3.49% $ 75,612 $ 139,538 Total 75,612 139,538 Less current portion of notes payable and long-term debt (75,612 ) (139,538 ) Notes payable and other long-term debt $ - $ - In connection with its acquisition of Argyll on July 31, 2020, the Company assumed a note payable of £ 250,000 327,390 3 years 3.49% The monthly principal and interest payments on the note payable commenced in June 2021 and continue through May 2023. 62,500 75,612 641 1,603 2,214 4,797 The maturities of long-term debt are as follows: Schedule of Maturities of Long-term Debt Fiscal 2023 $ 75,612 Total $ 75,612 Long term debt $ 75,612 Senior Convertible Note On February 22, 2022, the Company exchanged the existing senior convertible note (the “Old Senior Convertible Note”) with a remaining principal of $ 29,150,001 35,000,000 2,778,427 32,221,573 1,073,343 The Company has not maintained compliance with certain debt covenants and is currently in default under the terms of the Senior Convertible Note. Subsequent to period end, on January 27, 2023, the Company received the written consent of the Holder to lower the conversion price of the Senior Convertible Note into shares of Common Stock under Section 7(g) of the Senior Convertible Note to 90 % of the lowest VWAP (as defined in the Senior Convertible Note) of the Common Stock for a trading day during the five ( 5 ) consecutive trading day period ending, and including, the applicable date that the conversion price is lowered for purposes of a conversion (as adjusted for stock splits, stock dividends, stock combinations, recapitalizations and similar events during such measuring period) until further written notice to the Holder from the Company. After including the impact of the conversions reducing the Senior Convertible Note by $ 18,861,573 2,950,000 450,000 2,500,000 16,310,000 The interest rate on the Senior Convertible Note is 8.0% 12 12 8.0% 1,025,672 322,216 675,672 100 In addition to the conversions discussed above, the Company is in discussions with the Holder to restructure its payment obligations, including but not limited to eliminating the derivative liability on its unaudited condensed consolidated balance sheet and addressing the Company’s default status under the debt. In connection with the Company’s plan to maintain compliance with the Nasdaq Listing Rules, which includes actions to be taken to meet the minimum market value of listed securities or minimum stockholders’ equity, the Company may issue a perpetual convertible preferred stock by March 31, 2023, to cover the remaining principal balance due under the Senior Convertible Note at the time of entering the issuance. Although the Company and the Holder of the Senior Convertible Note are in discussions to determine the terms of the perpetual convertible preferred stock, such terms have not been finalized and there is no assurance that the Company and the Holder will come to an agreement on such terms. The ability of the Holder of the perpetual convertible preferred stock to convert such preferred stock into shares of our common stock was approved in the 2022 annual meeting of stockholders held on January 26, 2023. The Company will disclose the material terms of the perpetual convertible preferred stock in connection with the completion of the exchange transaction, including the filing of a certificate of designation with the State of Nevada to designate the terms of such preferred stock after the issuance of the stock. In addition, as part of the Company’s plan to maintain compliance with the Nasdaq Listing Rules, and as approved in the 2022 annual meeting of stockholders, the Company intends to effect a reverse stock split of our outstanding common stock, with our Board having approved the reverse split at a ratio of one-for-one-hundred (1 for 100) 19.99% of the Company’s outstanding shares of Common Stock. The Senior Convertible Note is convertible, at the option of the Holder, into shares of the Company’s Common Stock at a conversion price of $ 17.50 If an Event of Default has occurred under the Senior Convertible Note, in addition to the default interest rate discussed above, the Holder may elect to alternatively convert the Senior Convertible Note at the Alternate Conversion Price (as defined in the Senior Convertible Note). In connection with an Event of Default, the Holder may require the Company to redeem in cash any or all of the Senior Convertible Note. The redemption price will equal the outstanding principal of the Senior Convertible to be redeemed, and accrued and unpaid interest and unpaid late charges thereon, or an amount equal to market value of the shares of the Company’s Common Stock underlying the Senior Convertible Note, as determined in accordance with the Senior Convertible Note, if greater. The Holder will not have the right to convert any portion of a Senior Convertible Note, to the extent that, after giving effect to such conversion, the Holder (together with certain related parties) would beneficially own in excess of 4.99% of the shares of the Company’s Common Stock outstanding immediately after giving effect to such conversion. The Holder may from time to time increase this limit to 9.99%, provided that any such increase will not be effective until the 61st day after delivery of a notice to the Company of such increase. The Company is currently in default and the Holder has not yet elected to alternatively convert. Should the Holder convert the principal balance outstanding at December 31, 2022 at the Alternate Conversion Price that is currently available to the Holder, or a portion of the principal balance, the Company may be subject to remit amounts to the Holder materially in excess of the principal balance outstanding through payment of cash. Refer to the Alternate Conversion discussion below for further information of this settlement option available to the Holder. In connection with a Change of Control (as defined in the Senior Convertible Note), the Holder may require the Company to redeem all or any portion of the Senior Convertible Note. The redemption price per share will equal the greatest of (i) 115% of the outstanding principal of the Senior Convertible Note to be redeemed, and accrued and unpaid interest and unpaid late charges thereon, (ii) 115% of the market value of the shares of the Company’s Common Stock underlying the Senior Convertible Note, as determined in accordance with the Senior Convertible Note, and (iii) 115% of the aggregate cash consideration that would have been payable in respect of the shares of the Company’s Common Stock underlying the Senior Convertible Note, as determined in accordance with the Senior Convertible Note. At any time after the date the Company provides notice to the Holder of the Company incurring additional debt, the Holder will have the right to have the Company redeem all or a portion of the Senior Convertible Note at a redemption price of 106 If an Event of Default occurs, the Holder of the Senior Convertible Note has the right to alternate conversion (“Alternate Conversion”) and may elect to convert the Senior Convertible Note in cash due upon such an acceleration of the applicable principal, at a price (“Alternate Conversion Price”) equal to the greater of the Conversion Floor Price of $ 2.1832 2.1832 The Senior Convertible Note agreement includes provision that should the Company be in both breach of its debt covenants and its price per common share trade below the conversion floor price of $ 2.1832 (the “Conversion Floor Price”), the Holder may elect the Alternate Conversion option that includes a make-whole provision payable to the Holder in cash. At March 31, 2022 and through the date of issuance of this report, the Company was in breach of its debt covenants and the price per share of its Common Stock had declined below the Conversion Floor Price. As a result, the make whole provision in the Senior Convertible Note was determined to represent an obligation of the Company under the terms of the Senior Convertible Note. At December 31, 2022 and June 30, 2022, the Company estimates it would be required to issue up to 14,758,874 and 16,031,513 shares of Common Stock under the Alternate Conversion make whole provision of the Senior Convertible Note, respectively. At December 31, 2022, the Company also estimates the fair value of the derivative liability, which gives effect to the cash amount payable to the Holder under the Alternate Conversion make-whole provisions of the Senior Convertible Note, to be $ 799,954 . While the Company records a derivative liability at each reporting period for the amount contingently payable to the Holder under the Alternate Conversion make-whole provision, a strict application of the formula in the Senior Convertible Note indicates the cash liability to the Holder may be materially higher than the derivative liability. A calculation of the cash liability due to the Holder under the Alternate Conversion make-whole provision of the Senior Convertible Note indicated a liability of approximately $ 933,000,000 at December 31, 2022. The derivative liability amount recognized by the Company for its obligation to the Holder under the Alternate Conversion make-whole provision of the Senior Convertible Note is subject to material fluctuation at each reporting date. The output of the Monte Carlo model that is used to estimate the fair value of the derivative liability will fluctuate based on the Company’s share price, market capitalization, estimated enterprise value, and the Company’s estimate of credit and non-performance risk. The Company is currently in default and the Holder has not yet elected to alternatively convert. See further discussion in make-whole derivative liability below. See Note 17 for further discussion of the fair value determined for the derivative liability. Under the Senior Convertible Note, and consistent with the Old Senior Convertible Note, the Company is subject to certain customary affirmative and negative covenants regarding the incurrence of indebtedness, the existence of liens, the repayment of indebtedness, the payment of cash in respect of dividends, distributions or redemptions, and the transfer of assets, among other matters. The Company is also subject to certain financial debt covenants relating to available cash, minimum annual revenues, ratio of debt to market capitalization and minimum cash flow. The Senior Convertible Note is subject to a most favored nation provision and standard adjustments in the event of any stock split, stock dividend, stock combination, recapitalization or other similar transaction. If the Company enters into any agreement to issue, or issue any variable rate securities, the Holder of the Senior Convertible Note has the additional right to substitute such variable price (or formula) for the conversion price. If the Holder were to substitute a floor price of $ 2.1832 At December 31, 2022, the Company is in default under the terms of the Senior Convertible Note. The Senior Convertible Note matures in less than 12 months from December 31, 2022, and the Company has continued to recognize its obligation under the Senior Convertible Note as a current liability in the unaudited condensed consolidated balance sheet. The Company has not remitted payment to the Holder of the Senior Convertible Note an amount equal to 30% of the gross proceeds from the March 2022 Offering to be applied as a reduction of principal. The Old Senior Convertible Note was issued by the Company to the Holder on June 2, 2021 in the principal amount of $ 35,000,000 with the Company receiving proceeds at issuance of $ 32,515,000 , net of debt issuance costs of $ 2,485,000 for an aggregate principal. The Old Senior Convertible Note was issued with 2,000,000 Series A Warrants and 2,000,000 Series B Warrants. On the date of issuance, the Company recorded the fair value of the Series A Warrants and Series B Warrants as a discount to the Old Senior Convertible Note totaling $ 26,680,000 . The debt discount was amortized to interest expense over the term of the Old Senior Convertible Note using the effective interest method until extinguishment. The obligation resulting from the issuance of the Series A Warrants and Series B Warrants was determined to qualify for liability classification on the unaudited condensed consolidated balance sheet. See below for further discussion of the Series A Warrants and Series B Warrants. The Old Senior Convertible Note was convertible, at the option of the Holder, into shares of the Company’s Common Stock at a conversion price of $ 17.50 per share. The conversion amounts were calculated as the principal balance identified for conversion plus the Premium on Principal. Prior to the default, it was previously determined that the Company was not in compliance with the Old Senior Convertible Note covenants at September 30, 2021 and subsequent reporting dates. The Company therefore requested and received a waiver dated October 13, 2021 for (i) any known breaches or potential breaches of financial covenants in effect related to the available cash test and minimum cash flow test through December 25, 2021, (ii) any known breach resulting from the placement of a lien on the outstanding share capital of Prozone Limited, the entity that holds the assets of Bethard, and (iii) any known breach which would result from the Company’s announcement that it would purchase an equity interest in Game Fund Partners Group LLC through the contribution of up to 200,000 In addition, the Company requested and received an amendment to the Old Senior Convertible Note wherein the permitted ratio of outstanding debt to market capitalization was increased temporarily from 25% to 35% through December 25, 2021. 7,500,000 7,500,000 2,514,459 5,722,915 4,515,273 288,300 919,342 16,986 1,482,621 1,734,000 812,618 276,747 6,949 The Company previously obtained a waiver from the Holder of the Old Senior Convertible Note on November 2, 2021 in connection with its announcement to commence an underwritten registered public offering of its 10.0% 10% 1,500,000 During the three months ended December 31, 2021, the Company had not maintained compliance with certain covenants of the Old Senior Convertible Note, having identified non-compliance with the covenants previously identified at September 30, 2021. In consideration for obtaining a waiver from the compliance with certain covenants, as of December 31, 2021 and through March 30, 2022, and as discussed above, the Company has agreed to enter into an exchange agreement whereby the Company has exchanged the Old Senior Convertible Note with the Senior Convertible Note resulting in the increase of the principal outstanding balance of indebtedness from the current carrying value $ 29,150,001 35,000,000 5,849,999 22,628,805 Make-Whole Derivative Liability The Senior Convertible Note agreement includes provision that should both the Company be in breach of its debt covenants and its price per common share trade below the Conversion Floor Price of $ 2.1832 The make-whole provision in the Senior Convertible Note is a derivative liability. The Company’s obligation to make a payment under the make-whole provision was previously assessed as remote with an immaterial fair value. This considered that the Company had obtained debt waivers from the Holder for its breaches of debt covenants. The Company’s historical stock price had also traded at levels significantly in excess of the Conversion Floor Price. At December 31, 2022, the Company has been unable to complete an agreement to restructure the terms and covenants of the Senior Convertible Note. The stock price further continues to trade materially below the Conversion Floor Price and the Company has also been unable to secure a debt waiver. The fair value of the derivative liability at December 31, 2022 was determined using a Monte Carlo valuation model. See Note 17 for further discussion of the fair value determined for the derivative liability. At December 31, 2022, the Company estimates that it would be required to issue up to 14,758,874 shares of Common Stock under the Alternate Conversion provisions of the Senior Convertible Note. The Company further estimated the derivative liability to the Holder to be $ 799,954 9,399,620 at December 31, 2022 and June 30, 2022, respectively, which is included in the derivative liability in the unaudited condensed consolidated balance sheets and the expense was recorded in the change in fair value of derivative liability in the unaudited condensed consolidated statements of operations. The make-whole liability calculated under the terms of the note of approximately $ 933,000,000 was materially higher than the fair value of $ 799,954 2.1832 multiplied by a number of shares that is based on the outstanding principal and the market price of the Company’s Common Stock at December 31, 2022. The calculated make-whole liability may differ materially from the amount at which the Company may be required to pay under the Senior Convertible Note. The Company has held non-binding discussions with the Holder to restructure its obligation under the Senior Convertible Note. However, there can be no guarantee that the Company will be able to reach an agreement to restructure the Senior Convertible Note. Warrants September 2022 Warrants On September 19, 2022, the Company completed the September 2022 Offering, an equity offering in which it sold 30,000,000 units at $ 0.25 consisting of one share of Common Stock and one warrant for a total of 30,000,000 September 2022 Warrants with an exercise price of $ 0.25 . The Company also sold a further 3,600,000 September 2022 Warrants in an overallotment with an exercise price of $ 0.25 issued to the underwriters of the offering on September 19, 2022. The September 2022 Warrants may be exercised at any time after issuance for one share of Common Stock of the Company at an exercise price of $ 0.25 The September 2022 Warrants also contain a beneficial ownership limitation of 4.99% which may be increased up to 9.99%, provided that any such increase will not be effective until the 61st day after delivery of a notice to the Company of such increase. The Company determined the September 2022 Warrants should be classified as a liability as the warrants are redeemable for cash in the event of a fundamental transaction, as defined in the Warrant Agreement, pursuant to which the September 2022 Warrants were purchased, which includes a change in control. The Company has recorded a liability for the September 2022 Warrants at fair value on the issuance date with subsequent changes in fair value reflected in earnings. On September 19, 2022, the date of the Common Stock issuance, the Company determined the total fair value of the September 2022 Warrants to be $ 5,286,288 2,267,453 1,536,732 3,018,834 March 2022 Warrants On March 2, 2022, the Company completed the March 2022 Offering, an equity offering in which it sold 15,000,000 1.00 15,000,000 1.00 2,250,000 1.00 The March 2022 Warrants may be exercised at any time after issuance for one share of Common Stock of the Company at an exercise price of $ 1.00 The March 2022 Warrants are callable by the Company should the volume weighted average share price of the Company exceed $3.00 for each of 20 consecutive trading days following the date such warrants become eligible for exercise. The March 2022 Warrants also contain a beneficial ownership limitation of 4.99% which may be increased up to 9.99%, provided that any such increase will not be effective until the 61st day after delivery of a notice to the Company of such increase The Company determined the March 2022 Warrants should be classified as a liability as the warrants are redeemable for cash in the event of a fundamental transaction, as defined in the Common Stock Purchase Warrant Agreement pursuant to which the March 2022 Warrants were purchased, which includes a change in control. The Company has recorded a liability for the March 2022 Warrants at fair value on the issuance date with subsequent changes in fair value reflected in earnings. On March 2, 2022, the date of the Common Stock issuance, the Company determined the total fair value of the March 2022 Offering Warrants to be $ 9,553,500 607,500 2,070,000 172,500 1,035,000 1,897,500 Series A and Series B Warrants On June 2, 2021, the Company issued 2,000,000 2,000,000 17.50 17.50 The Series A Warrants and Series B Warrants are callable by the Company should the volume weighted average share price of the Company exceed $32.50 for each of 30 consecutive trading days following the date such warrants become eligible for exercise. The Series A Warrants and Series B Warrants also contain a beneficial ownership limitation of 4.99% which may be increased up to 9.99%, provided that any such increase will not be effective until the 61st day after delivery of a notice to the Company of such increase The Company determined the Series A and Series B Warrants should be classified as a liability as the warrants are redeemable for cash in the event of a fundamental transaction, as defined in the Senior Convertible Note, which includes a change in control. The Company has recorded a liability for the Series A Warrants and Series B Warrants at fair value on the issuance date with subsequent changes in fair value reflected in earnings. At June 30, 2022 the Company determined the total fair value of the Series A Warrants and Series B Warrants to be $ 122,730 117,340 5,390 16,777 16,486 291 105,953 8,651,922 20,460,522 The proceeds from the issuance of the Old Senior Convertible Note were allocated to the Series A Warrants and Series B Warrants using the with-and-without method. Under this method, the Company first allocated the proceeds from the issuance of the Old Senior Convertible Note to the Series A Warrants and Series B Warrants based on their initial fair value measurement, and then allocated the remaining proceeds to the Old Senior Convertible Note. The debt discount on the Old Senior Convertible Note was being amortized over its term of two years. The Company accelerated the amortization of the debt discount on the Old Senior Convertible Note and the amount was fully recognized in the prior year ended June 30, 2022. Components of Long-Term Debt, including Senior Convertible Note The components of the Company’s long-term debt, including the Senior Convertible Note follows: Schedule of Components of Long-term Debt December 31, 2022 June 30, 2022 Current portion of long-term debt, including the senior convertible note $ 32,297,185 $ 35,139,538 Total $ 32,297,185 $ 35,139,538 Carrying amount $ 32,297,185 $ 35,139,538

Commitments and contingencies

Commitments and contingencies	6 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and contingencies	Note 12 – Commitments and contingencies Commitments On October 1, 2019, the Company entered into a sponsorship agreement with an eSports team (the “Team”) to obtain certain sponsorship-related rights and benefits that include the ability to access commercial opportunities. The Company had agreed to initially pay the Team $ 516,000 230,000 2,545,000 825,000 102,851 424,893 On August 17, 2020, the Company entered into an agreement with Bally’s Corporation, an operator of various online gaming and wagering services in the state of New Jersey, USA, to assist the Company in its entrance into the sports wagering market in New Jersey under the State Gaming Law. The commencement date of the arrangement with Bally’s Corporation was March 31, 2021. The Company paid $ 1,550,000 50,000 10 years 1,250,000 10,000 1,250,000 10,000 342,333 684,665 684,665 The Company has signed a subscription and operating agreement with Game Fund Partners LLC to support the development of a planned $ 300,000,000 2,000,000 20% 100,000 100,000,000 100,000 200,000,000 In the ordinary course of business, the Company enters into multi-year agreements to purchase sponsorships with professional teams as part of its marketing efforts to expand competitive esports gaming. During the three and six months ended December 31, 2022, the Company recorded $ 578,498 816,183 1,602,068 2,824,102 397,425 400,300 217,730 149,913 Contingencies On January 6, 2023, our former Chairman and Chief Executive Officer, Grant Johnson, filed a lawsuit in the United State District Court for the Southern District of New York against the Company. The claim alleges breach by the Company of Mr. Johnson’s employment agreement when it terminated him for “Cause” as defined in the agreement on December 3, 2022. Mr. Johnson seeks in excess of $ 1,000,000 200,000 During October 2022, the Company entered into an amendment to the Bethard SPA where it agreed to pay € 6,535,753 (equivalent to $ 7,010,732 using exchange rates at December 31, 2022) through installments equal to 12% of net gaming revenue until the Company has paid the balance or the Company spends € 13,120,000 14,073,483 6,192,912 and $ 3,328,361 , respectively. During the three and six months ended December 31, 2022, the Company recognized a loss of $ 3,044,019 and $ 2,864,551 , and during the three and six months ended December 31, 2021, the Company recognized a gain of $ 1,851,446 for both periods, in the change in fair value of contingent consideration in the unaudited condensed consolidated statement of operations. Since the acquisition of the Argyll UK EEG iGaming business on July 31, 2020, the Company has responded to periodic requests for information from the UKGC in relation to information required to maintain its UK license following the change of corporate control. There have been no adverse judgments imposed by the UKGC against the Company. On November 10, 2022, the Company determined that it would close down its licensed remote gambling operation in the UK market. On November 15, 2022, as part of the winding down of the Argyll UK iGaming operations, players were informed that they would no longer be able to place bets from November 30, 2022 and that they could withdraw their balances through December 7, 2022. On December 8, 2022 Argyll UK surrendered its UK license and the surrender was confirmed by the UKGC on December 9, 2022. Between December 7, 2022 and December 14, 2022 Argyll UK attempted to refund customer accounts that still had remaining balances. As of December 31, 2022, approximately $ 100,000 On January 1, 2022, amendments to the Finnish Lotteries Act came into effect, further restricting marketing opportunities and enhancing the enforcement powers of the Finnish regulator. Prior to these amendments coming into effect, in the fiscal quarter ended December 31, 2021, the Company has received communications from the Finnish regulator requesting clarification on its marketing and gaming practices related to its Finnish EEG iGaming operations. The Company responded to the initial communication in third quarter of fiscal year 2022 and received a second request for further clarification. On November 28, 2022, the Company provided its response, further addressing its business and marketing operations in Finland. Further powers allowing the Finnish regulator to require blocking by payment service providers of overseas operators who are targeting their marketing activities towards Finnish customers are also due to come into effect in 2023. Operations in Finland run under the MGA license on the Lucky Dino in-house built iDefix casino-platform. On January 5, 2023, the Company received a communication that the Finnish regulator was satisfied with the Company’s response and no adverse judgments were imposed by the Finnish regulator against the Company. The Company at times may be involved in pending or threatened litigation relating to claims arising from its operations in the normal course of business. Some of these proceedings may result in fines, penalties, judgments or costs being assessed against the Company at some future time. In determining the appropriate level of specific liabilities, if any, the Company considers a case-by-case evaluation of the underlying data and updates the Company’s evaluation as further information becomes known. Specific liabilities are provided for loss contingencies to the extent the Company concludes that a loss is both probable and estimable. The Company did not have any liabilities recorded for loss contingencies as of December 31, 2022 or June 30, 2022. However, the results of litigation are inherently unpredictable, and the possibility exists that the ultimate resolution of one or more of these matters could result in a material effect on the Company’s financial position, results of operations or liquidity. Other than discussed above, the Company is currently not involved in any other litigation that it believes could have a material adverse effect on the Company’s financial condition or results of operations.

Revenue and Geographic Informat

Revenue and Geographic Information	6 Months Ended
	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Revenue and Geographic Information	Note 13 – Revenue and Geographic Information The Company is a provider of iGaming, traditional sports betting and esports services that commenced revenue generating operations during the year ended June 30, 2021 with the acquisitions of Argyll, Flip Sports Limited (“FLIP”), EGL, Lucky Dino, GGC and Helix. The Company acquired Bethard in July 2021 adding to its revenue generating operations. The revenues and long-lived assets of Argyll (until November 30, 2022 when no further bets were taken as part of the winding down of the Argyll operations), EGL Lucky Dino and Bethard (Bethard’s operations are being sold in a transaction expected to close in February 2023 (See Note 19)), have been identified as the international operations as they principally service customers in Europe, inclusive of the United Kingdom. The revenues and long-lived assets of FLIP, GGC and Helix (until June 10, 2022 when the Helix Game Centers were disposed) principally service customers in the United States. A disaggregation of revenue by type of service for the three and six months ended December 31, 2022 and 2021 is as follows: Schedule of Disaggregated by Revenue Three months ended December 31, Six months ended December 31, 2022 2021 2022 2021 Online betting and casino revenues $ 5,538,486 $ 12,439,696 $ 14,133,832 $ 27,102,284 Esports and other revenues 870,919 2,091,351 1,880,837 3,837,054 Total $ 6,409,405 $ 14,531,047 $ 16,014,669 $ 30,939,338 Revenue $ 6,409,405 $ 14,531,047 $ 16,014,669 $ 30,939,338 A summary of revenue by geography for the three and six months ended December 31, 2021 and 2020 is as follows: Schedule of Revenues with Customers and Long-lived Assets Disaggregated by Geographical Area Three months ended December 31, Six months ended December 31, 2022 2021 2022 2021 United States $ 581,501 $ 1,688,578 $ 1,394,381 $ 3,208,843 International 5,827,904 12,842,469 14,620,288 27,730,495 Total $ 6,409,405 $ 14,531,047 $ 16,014,669 $ 30,939,338 Revenue $ 6,409,405 $ 14,531,047 $ 16,014,669 $ 30,939,338 A summary of long-lived assets by geography is as follows: Schedule of Long-Lived Assets by Geography December 31, 2022 June 30, 2022 United States $ 5,592,080 $ 8,271,360 International 29,724,622 46,620,831 Total $ 35,316,702 $ 54,892,191 Long-lived assets $ 35,316,702 $ 54,892,191

10% Series A Cumulative Redeema

10% Series A Cumulative Redeemable Convertible Preferred Stock	6 Months Ended
	Dec. 31, 2022
Equity [Abstract]
10% Series A Cumulative Redeemable Convertible Preferred Stock	Note 14 – 10% Series A Cumulative Redeemable Convertible Preferred Stock The Company is authorized to issue 10,000,000 On November 10, 2021, the Company designated 1,725,000 0.001 11.00 800,000 10 8,000,000 7,265,000 In addition, under the terms of the underwriting agreement for the public offering of the 10% Series A Cumulative Redeemable Convertible Preferred Stock, the Company granted the underwriters a 45-day option to purchase up to an additional 120,000 35,950 334,335 Conversion Each share of 10% Series A Cumulative Redeemable Convertible Preferred Stock is convertible into one share of the Company’s Common Stock at a conversion price of $ 17.50 Dividends Dividends on the 10% Series A Cumulative Redeemable Convertible Preferred Stock accrue daily and are cumulative from the date of issuance. The dividends on the 10% Series A Cumulative Redeemable Convertible Preferred Stock are payable monthly in arrears on the last day of each calendar month, when, as and if declared by the Company’s Board of Directors, at the rate of 10.0% 10.0% Redemption and Liquidation The 10% Series A Cumulative Redeemable Convertible Preferred Stock is also redeemable, at the option of the Board of Directors, in whole or in part, at any time on or after January 1, 2023. The 10% Series A Cumulative Redeemable Convertible Preferred Stock includes a change of control put option which allows the holders of the 10% Series A Cumulative Redeemable Convertible Preferred Stock to require the Company to repurchase such holders’ shares in cash in an amount equal to the initial purchase price plus accrued dividends. The 10% Series A Cumulative Redeemable Convertible Preferred Stock is contingently redeemable upon certain deemed liquidation events, such as a change in control. Because a deemed liquidation event could constitute a redemption event outside of the Company’s control, all shares of preferred stock have been presented outside of permanent equity in mezzanine equity on the unaudited condensed consolidated balance sheets. The instrument is initially recognized at fair value net of issuance costs. The Company reassesses whether the 10% Series A Cumulative Redeemable Convertible Preferred Stock The 10% Series A Cumulative Redeemable Convertible Preferred Stock is not mandatorily redeemable, but rather is only contingently redeemable, and given that the redemption events are not certain to occur, the shares have not been accounted for as a liability. As the 10% Series A Cumulative Redeemable Convertible Preferred Stock is contingently redeemable on events outside of the control of the Company, all shares of 10% Series A Cumulative Redeemable Convertible Preferred Stock have been presented outside of permanent equity in mezzanine equity on the unaudited condensed consolidated balance sheets. Voting Rights The holders of the 10% Series A Cumulative Redeemable Convertible Preferred Stock will not have any voting rights, except whenever dividends on any share of any series of preferred stock (“Applicable Preferred Stock”) have not been paid in an aggregate amount equal to four monthly dividends on the shares, the holders of the Applicable Preferred Stock will have the exclusive and special right, voting separately as a class and without regard to series, to elect at an annual meeting of shareholders or special meeting held in place of it one member of the Board of Directors, until all arrearages in dividends and dividends in full for the current monthly period have been paid.

Series B Redeemable Preferred S

Series B Redeemable Preferred Stock	6 Months Ended
	Dec. 31, 2022
Series B Redeemable Preferred Stock
Series B Redeemable Preferred Stock	Note 15 – Series B Redeemable Preferred Stock On December 20, 2022, the Company entered into a Subscription and Investment Representation Agreement with a member of management, the Interim CFO of the Company, pursuant to which the Company agreed to issue and sell one hundred ( 100 0.001 10 On December 21, 2022, the Company filed a certificate of designation (the “Certificate of Designation”) with the Secretary of State of Nevada, effective as of the time of filing, designating the rights, preferences, privileges and restrictions of the shares of Series B Preferred Stock. The Certificate of Designation provided that one hundred ( 100 25,000,000 Conversion. The Series B Preferred Stock are not convertible. Dividends The holder of Series B Preferred Stock, as such, is not entitled to receive dividends or distributions of any kind. Voting Rights Except as otherwise provided by the Company’s Amended and Restated Articles of Incorporation or required by law, the holder of Series B Preferred Stock has no voting rights, except that the holder of Series B Preferred Stock has the right to vote on any resolution or proposal presented to the stockholders of the Company to approve a decrease in the number of the Company’s issued and outstanding shares of Common Stock, or reverse stock split of such issued and outstanding shares, within a range as determined by the Board in accordance with the terms of such amendment (the “Reverse Stock Split Proposal”), or as otherwise required by the Nevada Revised Statutes. The outstanding shares of Series B Preferred Stock shall have 25,000,000 votes per share. 0.001 The shares of Series B Preferred Stock are voted, without action by the holder, on the Reverse Stock Split Proposal in the same proportion as shares of Common Stock are voted (excluding any shares of Common Stock that are not voted), or otherwise, or which are counted as abstentions or broker non-votes) on the Reverse Stock Split Proposal (and, for purposes of clarity, such voting rights shall not apply on any other resolution presented to the stockholders of the Company). Liquidation. The Series B Preferred Stock shall have no rights as to any distribution of assets of the Company for any reason, including upon a liquidation, bankruptcy, reorganization, merger, acquisition, sale, dissolution or winding up of the Company, whether voluntarily or involuntarily, and shall not affect the liquidation or distribution rights of holders of any other outstanding series of preferred stock of the Company, if any. Redemption. The outstanding shares of Series B Preferred Stock will be redeemed in whole, but not in part, at any time (i) if such redemption is ordered by the Board in its sole discretion, automatically and effective on such time and date specified by the Board in its sole discretion, or (ii) automatically upon the stockholder approval of the Reverse Stock Split Proposal. As used herein, the “Redemption Time” shall mean the effective time of the redemption. Each share of Series B Preferred Stock redeemed in the redemption will be redeemed in consideration for the right to receive an amount equal to $ 10 From and after the time at which the shares of Series B Preferred Stock are called for redemption (whether automatically or otherwise) in accordance with the above, such shares of Series B Preferred Stock will cease to be outstanding, and the only right of the former holder of such shares of Series B Preferred Stock, as such, will be to receive the applicable Redemption Price. The shares of Series B Preferred Stock redeemed by the Company will be automatically retired and restored to the status of authorized but unissued shares of preferred stock, upon such redemption. Notice of a meeting of the Company’s stockholders for the submission to such stockholders of any proposal to approve the Reverse Stock Split constitutes notice of the redemption of shares of Series B Preferred Stock and results in the automatic redemption of the shares of Series B Preferred Stock at the effective time of the redemption pursuant to the above. In connection with the issuance of the Series B Preferred Stock, the Company has set apart funds for payment for the redemption of the shares of Series B Preferred Stock. Pursuant to the terms of the Preferred Stock, the outstanding shares of Preferred Stock were redeemed in whole following the effectiveness of stockholder approval of the reverse stock split proposal at the Company’s 2022 annual meeting held on January 26, 2023. The holder of the Preferred Stock received consideration of $ 10 1,000 The Series B Preferred Stock is not mandatorily redeemable, but rather is only contingently redeemable, and given that the redemption events are not certain to occur, the shares have not been accounted for as a liability. As the Series B Redeemable Preferred Stock is contingently redeemable on events outside of the control of the Company, all shares of Series B Cumulative Redeemable Preferred Stock have been presented outside of permanent equity in mezzanine equity on the unaudited condensed consolidated balance sheets.

Equity

Equity	6 Months Ended
	Dec. 31, 2022
Equity [Abstract]
Equity	Note 16 – Equity Common Stock The authorized capital stock of the Company consists of 500,000,000 0.001 Dividend Rights Subject to the prior or equal rights of holders of all classes of stock at the time outstanding having prior or equal rights as to dividends, the holders of the Company’s Common Stock may receive dividends out of funds legally available if the Board of Directors, in its discretion, determines to issue dividends and then only at the times and in the amounts that the Board of Directors may determine. The Company has not paid any dividends on the Company’s Common Stock and do not contemplate doing so in the foreseeable future. Voting Rights Each holder of the Common Stock is entitled to one vote for each share of Common Stock held by such stockholder. No Preemptive or Similar Rights The Company’s Common Stock is not entitled to preemptive rights, and is not subject to conversion, redemption or sinking fund provisions. Liquidation In the event of a liquidation, dissolution or winding up, each outstanding share entitles its holder to participate pro rata in all assets that remain after payment of liabilities and after providing for each class of stock, if any, having preference over the Common Stock. The following is a summary of common stock issuances for the six months ended December 31, 2022: ● During the six months ended December 31, 2022, as part of the September 2022 Offering, the Company sold 30,000,000 0.25 0.25 7,536,000 1,568,130 6,854,418 681,582 5,286,288 2,778,427 2,265,928 50% 2,000,000 7% 512,500 ● During the six months ended December 31, 2022, as part of the December Registered Direct Offering, the Company sold On December 21, 2022, the Company closed an offering (the “Registered Direct Offering”) in which it sold: (a) 7,065,000 17,850,000 0.0937 0.001 2,316,686 2,316,686 170,001 2,146,685 1,073,343 1,073,343 6,566,000 6,566 11,284,000 11,284 The following is a summary of common stock issuances for the six months ended December 31, 2021: ● During the six months ended December 31, 2021, the Company issued 82,527 7.28 574,299 ● During the six months ended December 31, 2021, the Company issued 14,000 4.82 67,479 ● During the six months ended December 31, 2021, the Company issued 375,813 1,586,824 1,539,219 4.22 ● During the six months ended December 31, 2021, the holder of the Senior Convertible Note converted an aggregate conversion value of $ 8,243,454 1,701,841 4.84 At-the Market Equity Offering Program On September 3, 2021, the Company entered “at the market” equity offering program to sell up to an aggregate of $ 20,000,000 no 1,165,813 4,005,267 Common Stock Warrants On December 21, 2022, the Company entered into a securities purchase agreement with an institutional investor. The offering included (a) 7,065,000 17,850,000 0.0937 0.001 0.001 The Pre-funded Warrants may not be exercised to the extent they cause the purchaser of the Pre-funded Warrants to become a “beneficial owner” of more than 4.99 9.99 The Company determined the Pre-funded Warrants should be classified as equity. The Holder redeemed 6,566,000 6,566 11,284,000 December 21, 2027 11,284,000 11,284 On September 19, 2022, the Company closed the September 2022 Offering, in which it sold 30,000,000 0.25 30,000,000 1.00 3,600,000 0.01 36,000 September 19, 2027 On March 2, 2022, the Company closed the March 2022 Offering, in which it sold 15,000,000 1.00 15,000,000 1.00 2,250,000 0.01 20,925 March 2, 2027 On June 2, 2021, the Company issued 2,000,000 2,000,000 17.50 June 2, 2025 June 2, 2023 On April 16, 2020, the Company closed an offering, (the “April 2020 Offering”), in which it sold 1,980,000 3,960,000 4.25 209,400 209,400 0.01 1,136,763 April 14, 2025 In connection with the April 2020 Offering the Company also issued 1,217,241 2,434,482 4.25 4,138,585 40,582 A summary of the warrant activity follows: Schedule of Warrant Activity Number of Warrants Weighted Average Exercise Price Weighted Average Remaining Life (Years) Intrinsic Value Outstanding, July 1, 2021 5,350,558 $ 14.19 3.14 8,743,588 Issued 17,250,000 1.00 Exercised - - Forfeited or cancelled - - Outstanding, June 30, 2022 22,600,558 $ 4.12 4.07 - Issued 33,600,000 0.25 Exercised - - Forfeited or cancelled - - Outstanding September 30, 2022 56,200,558 $ 1.81 4.51 - Issued 17,850,000 0.001 Exercised (6,566,000 ) 0.001 Forfeited or cancelled - - Outstanding December 31, 2022 67,484,558 $ 1.51 4.38 - Common Stock Options On September 10, 2020, the Company’s Board of Directors adopted the 2020 Equity and Incentive Plan (the “2020 Plan”) that provides for the issuance of incentive and non-qualified stock options, restricted stock, restricted stock units and stock appreciation rights to officers, employees, directors, consultants, and other key persons. Under the 2020 Plan, the maximum number of shares of Common Stock authorized for issuance was 1,500,000 shares. Each year on January 1, for a period of up to nine years, the maximum number of shares authorized for issuance under the 2020 Plan is automatically increased by 233,968 shares. At December 31, 2022, there was a maximum of 1,967,936 shares of Common Stock authorized for issuance under the 2020 Plan. There were no additional equity awards eligible for issuance from the 2017 Stock Incentive Plan that had been adopted by the Company on August 1, 2017. The outstanding stock options granted under the 2017 Stock Incentive Plan were transferred to the 2020 Plan. As of December 31, 2022, there were 1,204,435 shares of Common Stock available for future issuance under the 2020 Plan. A summary of the Company’s stock option activity is as follows: Schedule of Stock Option Number of Options Weighted Average Exercise Price Outstanding, June 30, 2021 474,676 $ 5.49 Granted 1,120,150 6.71 Exercised (14,000 ) 4.82 Cancelled (470,300 ) 6.54 Outstanding, June 30, 2022 1,110,526 $ 6.29 Granted - - Exercised - - Cancelled (347,025 ) 6.56 Outstanding, December 31, 2022 763,501 $ 6.25 As of December 31, 2022, the weighted average remaining life of the options outstanding was 3.62 years. There are 763,501 options exercisable at December 31, 2022, with a weighted average exercise price of $ 6.25 . Stock Based Compensation During the three and six months ended December 31, 2022 the Company recorded stock-based compensation expense of $ 0 921,991 1,729,401 2,611,773 As of December 31, 2022, there was no remaining unamortized stock compensation for stock options. No options were granted during the six months ended December 31, 2022.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 17 – Fair Value Measurements The following financial instruments were measured at fair value on a recurring basis: Schedule of Fair Value of Financial Instruments December 31, 2022 Total Level 1 Level 2 Level 3 Contingent consideration (Note 12) $ 6,192,912 $ - $ - $ 6,192,912 Liability for the September 2022 Warrants (Note 11) $ 2,267,454 - - $ 2,267,454 Liability for the March 2022 Warrants (Note 11) $ 172,500 $ 172,500 $ - $ - Liability for the Series A and Series B Warrants (Note 11) $ 16,777 $ - $ - $ 16,777 Derivative liability on Senior Convertible Note (Note 2 and Note 11) $ 799,954 $ - $ - $ 799,954 June 30, 2022 Total Level 1 Level 2 Level 3 Contingent consideration (Note 12) $ 3,328,361 $ - $ - $ 3,328,361 Liability for the March 2022 Warrants (Note 11) $ 2,070,000 $ 2,070,000 $ - $ - Liability for the Series A and Series B Warrants (Note 11) $ 122,730 $ - $ - $ 122,730 Derivative liability on Senior Convertible Note (Note 2 and Note 11) $ 9,399,620 $ - $ - $ 9,399,620 A summary of the changes in Level 3 financial instruments for the six months ended December 31, 2022 is as follows: Schedule of Changes in Level 3 Financial Instruments Warrant Liability Contingent Consideration Derivative liability on Senior Convertible Note Balance at June 30, 2022 $ 122,730 $ 3,328,361 $ 9,399,620 Fair value of the September 2022 Warrants (Note 11) 5,286,288 - - Change in fair value of September 2022 Warrants (Note 11) (1,482,103 ) - - Change in fair value of Series A and Series B Warrants issued with Senior Convertible Note (Note 11) (105,953 ) - - Change in fair value of Bethard contingent consideration liability (Note 12) - (179,468 ) - Change in the fair value of the derivative liability on Senior Convertible Note (Note 2 and Note 11) - - (274,864 ) Balance at September 30, 2022 3,820,962 3,148,893 9,124,756 Change in fair value of September 2022 Warrants (Note 11) (1,536,732 ) - - Loss (gain) on Bethard contingent consideration liability (Note 12) - 3,044,019 - Change in the fair value of the derivative liability on Senior Convertible Note (Note 2 and Note 11) - - (8,324,802 ) Balance at December 31, 2022 $ 2,284,230 6,192,912 799,954 The September 2022 Warrants were classified as Level 3 as they are plain vanilla warrants and are not callable by the Company (Note 11). The September 2022 Warrants were valued using a Black Scholes valuation model on issuance at September 19, 2022 and for the warrants outstanding at December 31, 2022 with the following assumptions: Schedule of Warrants Outstanding Fair Value Assumption December 31, 2022 September 19, 2022 Contractual term, in years 5.00 5.00 Expected volatility 162 % 167 % Risk-free interest rate 4.02 % 3.69 % Dividend yield - - Conversion / exercise price $ 0.25 $ 0.25 The March 2022 Warrants were classified as Level 1 as they are publicly traded. They are callable by the Company if certain criteria are met (Note 11). The March 2022 Warrants outstanding at December 31, 2022 and June 30, 2022 were valued using the following assumptions: December 31, 2022 June 30, 2022 Contractual term, in years 5.00 5.00 Active market Nasdaq Nasdaq Market price $ 0.01 $ 0.12 The Series A and Series B Warrants outstanding at December 31, 2022 and June 30, 2022 are callable by the Company if certain criteria are met (Note 11) and were valued using a Monte Carlo valuation model with the following assumptions: December 31, 2022 June 30, 2022 Contractual term, in years 2.00 4.00 2.00 4.00 Expected volatility 135 190 % 125 133 % Risk-free interest rate 3.96 4.24 % 2.75 2.98 % Dividend yield - - Conversion / exercise price $ 17.50 $ 17.50 The value of the derivative liability on the Senior Convertible Note at December 31, 2022 and June 30, 2022 was valued using a nonperformance risk adjusted Monte Carlo valuation model using total assets less goodwill and an estimate of the Company’s total enterprise value with the following valuation assumptions: December 31, 2022 June 30, 2022 Contractual term remaining, in years 0.42 0.92 Expected volatility 162.78 % 137.11 % De-leveraged volatility 32.81 % 62.88 % Risk-free interest rate 4.55 % 2.72 Dividend yield — — Conversion / exercise price $ 2.1832 $ 2.1832 The fair value of a derivative instrument in a liability position includes measures of the Company’s nonperformance risk. Significant changes in nonperformance risk used in the fair value measurement of the derivative liability may result in significant changes to the fair value measurement. The cash liability calculated under the terms of the Senior Convertible Note of approximately $ 933,000,000 is materially higher than the fair value of the derivative liability of $ 799,954 The following is information relative to the Company’s derivative instruments in the unaudited condensed consolidated balance sheets as of December 31, 2022 and June 30, 2022: Schedule of Balance Sheet Derivative Instruments Derivatives Not Designated as Hedging Instruments Balance Sheet Location December 31, 2022 June 30, 2022 Derivative liability on Senior Convertible Note (Note 2 and 11) Derivative liability $ 799,954 $ 9,399,620 The effect of the derivative instruments on the unaudited condensed consolidated statements of operations is as follows: Schedule of Statement of Operation Derivative Instruments Derivatives Not Location of Gain or (Loss) Amount of Gain (Loss) Recognized in Income on Derivatives Designated as Hedging Recognized in Income on Three months ended December 31, Six months ended December 31, Instruments Derivatives 2022 2021 2022 2021 Derivative liability on Senior Convertible Note (Note 2 and 11) Change in fair value of derivative liability on Senior Convertible Note $ 8,324,802 $ (1,482,621 ) $ 8,599,666 $ (1,482,621 ) Assets Measured on a Nonrecurring Basis Assets that are measured at fair value on a nonrecurring basis are remeasured when carrying value exceeds fair value. This includes the evaluation of long-lived assets, goodwill and other intangible assets for impairment. The Company’s estimates of fair value required it to use significant unobservable inputs, representative of Level 3 fair value measurements, including numerous assumptions with respect to future circumstances that might directly impact each of the relevant asset groups’ operations in the future and are therefore uncertain. The carrying value of the assets after any impairment approximates fair value. The Company assesses the carrying amount of long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset group may not be recoverable. The Company assesses the fair value of goodwill using the income approach. Inputs used to calculate the fair value based on the income approach primarily include estimated future cash flows, discounted at a rate that approximates the cost of capital of a market participant. The Company uses undiscounted future cash flows of the asset or asset group for equipment and intangible assets. During the three and six months ended December 31, 2022

Segment Information

Segment Information	6 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Segment Information	Note 18 – Segment Information The Company operates its business and reports its results through two complementary operating and reportable segments: EEG iGaming and EEG Games, in accordance with ASC Topic 280, Segment Reporting. EEG iGaming includes the Company’s iGaming casino and sportsbook product offerings. Currently, the Company operates the business to consumer segment primarily in Europe. EEG Games’ focus is on providing esports entertainment experiences to gamers through a combination of: (1) our proprietary infrastructure software, GGC, which underpins our focus on esports and is a leading provider of local area network (“LAN”) center management software and services, enabling us to seamlessly manage mission critical functions such as game licensing and payments, (2) online tournaments (through our EGL tournament platform), and (3) player-vs-player wagering. Currently, we operate our esports EEG Games business in the United States and Europe. Operating segments are components of the Company for which separate discrete financial information is available to and evaluated regularly by the chief operating decision maker (“CODM”), who is the Company’s Chief Executive Officer, in making decisions regarding resource allocation and assessing performance. The CODM assesses a combination of metrics such as revenue and Adjusted EBITDA to evaluate the performance of each operating and reportable segment. The Company has recast previously reported information to conform to the current management view for all prior periods presented. The changes to reportable segments had no impact to the Company’s unaudited condensed consolidated financial statements. The Company utilizes Adjusted EBITDA (as defined below) as its measure of segment profit or loss. The following table highlights the Company’s revenues and Adjusted EBITDA for each reportable segment and reconciles Adjusted EBITDA on a consolidated basis to net loss. Total capital expenditures for the Company were not material to the unaudited condensed consolidated financial statements. A measure of segment assets and liabilities has not been currently provided to the Company’s CODM and therefore is not shown below. The following tables present the Company’s segment information: Schedule of Segment Information 2022 2021 2022 2021 For the three months ended December 31, For the six months ended December 31, 2022 2021 2022 2021 EEG iGaming segment $ 5,538,486 $ 12,439,696 $ 14,133,832 $ 27,102,284 EEG Games segment $ 870,919 $ 2,091,351 $ 1,880,837 $ 3,837,054 Total $ 6,409,405 $ 14,531,047 $ 16,014,669 $ 30,939,338 Adjusted EBITDA EEG iGaming segment $ (1,150,938 ) $ (2,909,585 ) $ (1,612,133 ) $ (3,853,812 ) EEG Games segment $ (561,742 ) $ (845,807 ) $ (1,108,538 ) $ (1,722,315 ) Other (1) $ (1,744,816 ) $ (3,009,435 ) $ (3,959,264 ) $ (5,505,577 ) Total Adjusted EBITDA $ (3,457,496 ) $ (6,764,827 ) $ (6,679,935 ) $ (11,081,704 ) Adjusted for: Interest expense $ (971,374 ) $ (2,412,716 ) $ (2,029,782 ) $ (4,757,912 ) Loss on conversion of senior convertible note $ - $ (5,999,662 ) $ - $ (5,999,662 ) Loss on extinguishment of senior convertible note $ - $ (28,478,804 ) $ (28,478,804 ) Change in fair value of derivative liability $ 8,324,802 $ (1,482,621 ) $ 8,599,666 $ (1,482,621 ) Change in fair value of warrant liability $ 2,571,732 $ 8,651,922 $ 5,022,288 $ 20,460,522 Change in fair value of contingent consideration $ (3,044,019 ) $ 1,851,446 $ (2,864,551 ) $ 1,851,446 Other non-operating income (loss), net $ 486,386 $ 58,770 $ 532,836 $ (1,352,415 ) Depreciation and amortization $ (1,887,729 ) $ (3,199,225 ) $ (3,750,447 ) $ (6,429,961 ) Right of use asset amortization $ (19,984 ) $ (140,889 ) $ (38,427 ) $ (252,505 ) Asset impairment charges $ (16,135,000 ) $ - $ (16,135,000 ) $ - Stock-based Compensation $ - $ (1,729,401 ) $ (921,991 ) $ (2,611,773 ) Cost of acquisition $ - $ (192,483 ) (35,930 ) $ (255,482 ) Income tax benefit (expense) $ - $ 5,503,861 $ - $ 5,503,861 Net loss $ (14,132,682 ) $ (34,334,629 ) $ (18,301,273 ) $ (34,887,010 ) (1) Other comprises of corporate and overhead costs. (2) The Company has no intersegment revenues or costs and thus no eliminations required. (3) The Company defines Adjusted EBITDA as earnings (loss) before, as applicable to the particular period, interest expense; income taxes; depreciation and amortization, including right of use asset amortization; stock-based compensation; cost of acquisition; asset impairment charges; loss on extinguishment of senior convertible note; loss on conversion of senior convertible note; change in fair value of derivative liability; change in fair value of warrant liability; change in fair value of contingent consideration; and other non-operating income (loss), net, and certain other non-recurring, non-cash or non-core items (included in table above).

Subsequent Events

Subsequent Events	6 Months Ended
	Dec. 31, 2022
Subsequent Events [Abstract]
Subsequent Events	Note 19 – Subsequent Events Appointment of Alex Igelman as Chief Executive Officer Effective January 3, 2023 the Board appointed Alex Igelman as CEO. In connection with Mr. Igelman’s appointment as CEO, Mr. Igelman and the Company entered into an employment agreement, which included the grant of common stock and stock options. These stock awards are being granted as inducement equity awards outside the Company’s Esports Entertainment Group, Inc. 2020 Equity Incentive Plan in accordance with Nasdaq Listing Rule 5635(c)(4). The Company has granted Mr. Igelman an award of 2,500,000 2,500,000 Appointment of Michael Villani as Interim Chief Financial Officer Effective January 6, 2023, the Company announced the appointment of Michael Villani as the Interim CFO, in addition to his current role as the Financial Controller. Mr. Villani will also serve as the Company’s principal financial officer. The previous COO and CFO, Damian Mathews resigned from his positions on December 31, 2022. Mr. Mathews did not resign as a result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Mr. Mathews will continue on in his role as a Director of the Company. Approval of reverse stock split On January 26, 2023, held its 2022 annual meeting of stockholders (the “Annual Meeting”) and the stockholders approved a reverse stock split of the Common Stock at a ratio of not less than one-for-twenty (1-for-20) , with our Board having the discretion as to the exact ratio of any reverse stock split to be set within the above range, without a corresponding reduction in the total number of authorized shares of Common Stock, and to be in effect no later than February 22, 2023 to meet the minimum bid price compliance milestone. Senior Convertible Note consent to lower the conversion price and Amendment and Waiver Agreement for the sale of the Bethard business On January 27, 2023, the Company received the written consent of the holder of its outstanding Senior Convertible Note to lower the conversion price of the Senior Convertible Note into shares of Common Stock under Section 7(g) of the Senior Convertible Note to 90 % of the lowest VWAP (as defined in the Senior Convertible Note) of the Common Stock for a trading day during the five ( 5 ) consecutive trading day period ending, and including, the applicable date that the conversion price is lowered for purposes of a conversion (as adjusted for stock splits, stock dividends, stock combinations, recapitalizations and similar events during such measuring period) until further written notice to the holder from the Company. The Company has converted $ 18,861,575 of the Senior Convertible note through the issuance of 217,159,442 shares of common stock. Sale of Spanish iGaming Operations On January 18, 2023, the Company closed the transaction and sold its Spanish iGaming operations, including its Spanish iGaming license. The Company received approximately $ 1,200,000 1,000,000 800,000 Sale of Bethard iGaming Operations On February 14, 2023, the Company entered into a Share Purchase Agreement (“SPA”) to sell its Bethard iGaming business, an operator of online casino and sportsbook brands that is licensed in Malta and Sweden. 9,600,000 10,300,000 1,650,000 1,770,000 6,500,000 7,000,000 1,200,000 1,290,000 150,000 160,000 1,260,000 1,350,000 On February 16, 2023, the Company entered into the Amendment as a condition to the closing of the sale of the Bethard business. The Amendment requires the Company to deposit 50% of the proceeds from the sale of the Bethard business in a bank account in favor of the Holder. The Amendment also requires the Company to deposit 50% of the proceeds of any permitted future sale of assets or any subsequent debt or equity offer or sale (a “Securities Transaction”) and 100% of the proceeds of any additional indebtedness incurred in the future, into such bank account in favor of the Holder, or, at the option of the Holder, redeem amounts under the Senior Convertible Note using such proceeds The Amendment also modifies the Senior Convertible Note to increase the principal balance by $ 2,950,000 460,000 After including the impact of the conversions reducing the Senior Convertible Note by $ 18,861,573 2,950,000 , for fees of $ 450,000 2,500,000 16,310,000

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Basis of presentation and principles of consolidation	Basis of presentation and principles of consolidation The accompanying unaudited condensed consolidated financial statements and related notes have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information, and with the rules and regulations of the United States Securities and Exchange Commission (the “SEC”) set forth in Article 8 of Regulation S-X. Pursuant to the rules and regulations of the SEC, certain information and footnote disclosures normally included in annual financial statements prepared in accordance with U.S. GAAP have been omitted. The unaudited condensed consolidated financial statements reflect all adjustments (consisting of normal recurring accruals) which are, in the opinion of management, necessary to fairly state the results for the interim periods presented. Interim results are not necessarily indicative of the results for the full fiscal year. The unaudited condensed consolidated financial statements should be read along with the Annual Report filed on Form 10-K of the Company for the annual period ended June 30, 2022. The unaudited condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All material intercompany transactions and balances have been eliminated in consolidation.
Reportable Segments	Reportable Segments The Company operates two complementary business segments: EEG iGaming EEG iGaming includes the Company’s iGaming casino and sportsbook product offerings. Currently, the Company operates the business to consumer segment primarily in Europe. EEG Games EEG Games’ focus is on providing esports entertainment experiences to gamers through a combination of: (1) our proprietary infrastructure software, GGC, which underpins our focus on esports and is a leading provider of local area network (“LAN”) center management software and services, enabling us to seamlessly manage mission critical functions such as game licensing and payments, (2) online tournaments (through our EGL tournament platform), and (3) player-vs-player wagering. Currently, we operate our esports EEG Games business in the United States and Europe. These segments consider the organizational structure of the Company and the nature of financial information available and reviewed by the chief operating decision maker to assess performance and make decisions about resource allocations.
Use of Estimates	Use of Estimates The preparation of unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the unaudited condensed consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates include the valuation and accounting for equity awards related to warrants and stock-based compensation, determination of fair value for derivative instruments, the valuation and recoverability of goodwill and intangible assets, the accounting for business combinations, including estimating contingent consideration and allocating purchase price, estimating fair value of intangible assets, as well as the estimates related to accruals and contingencies.
Liquidity and Going Concern	Liquidity and Going Concern The accompanying unaudited condensed consolidated financial statements of the Company have been prepared assuming the Company will continue as a going concern. The going concern basis of presentation assumes that the Company will continue in operation one year after the date these unaudited condensed consolidated financial statements are issued and will be able to realize its assets and discharge its liabilities and commitments in the normal course of business. The Company has determined that certain factors raise substantial doubt about its ability to continue as a going concern for a least one year from the date of issuance of these unaudited condensed consolidated financial statements included in this report. One such factor considered by the Company is its compliance with certain debt covenants under terms of the Senior Convertible Note (the “Senior Convertible Note”), issued by the Company on February 22, 2022 in the principal amount of $ 35,000,000 with a December 31, 2022 outstanding carrying value of $ 32,221,573 . The Company has not maintained compliance with certain debt covenants and is currently in default under the terms of the Senior Convertible Note. The Company repaid principal of $ 2,778,427 during the six months ended December 31, 2022, using proceeds from the September 2022 equity financing (“September 2022 Offering”). Subsequent to December 31, 2022 and through February 17, 2023, one business day preceding this filing, the Company has converted $ 18,861,575 of the Senior Convertible Note through the issuance of 217,159,442 shares of common stock (Note 19). In addition, on February 14, 2023, the Company entered into a Share Purchase Agreement (“SPA”) for the sale of the Bethard business (Note 19). On February 16, 2023, as a condition to the closing of the sale of the Bethard business, the Company entered into an Amendment and Waiver Agreement (the “Amendment”) with the of the Senior Convertible Note holder (the “Holder”) (Note 19). After including the impact of the conversions reducing the debt by $ 18,861,573 2,950,000 for fees of $ 450,000 2,500,000 16,310,000 . The Company will continue to convert to further reduce this debt. The maturity date of the Senior Convertible Note is June 2, 2023 . The Senior Convertible Note is classified as a current liability on the unaudited condensed consolidated balance sheet and due to the default it may be redeemed by the Holder prior to its maturity date. The Company has also recorded a derivative liability for the alternate conversion in the Senior Convertible Note of $ 799,954 in current liabilities on the unaudited condensed consolidated balance sheet that may be due to the Holder as part of the make-whole liability under the default terms of the Senior Convertible Note. The cash liability calculated under the terms of the Senior Convertible Note of approximately $ 933,000,000 , is materially higher than the fair value of the derivative liability of $ 799,954 calculated at December 31, 2022. The calculated make-whole liability may differ materially from the amount at which the Company may be required to pay under the Senior Convertible Note. In addition to the conversions discussed above, the Company is in discussions with the Holder to restructure its payment obligations, including but not limited to eliminating the derivative liability on its unaudited condensed consolidated balance sheet and addressing the Company’s default status under the debt. In connection with the Company’s plan to maintain compliance with the Nasdaq Listing Rules, which includes actions to be taken to meet the minimum market value of listed securities or minimum stockholders’ equity, the Company may issue a perpetual convertible preferred stock by March 31, 2023, to cover the remaining principal balance due under the Senior Convertible Note at the time of entering the issuance. Although the Company and the Holder of the Senior Convertible Note are in discussions to determine the terms of the perpetual convertible preferred stock, such terms have not been finalized and there is no assurance that the Company and the Holder will come to an agreement on such terms. The ability of the Holder of the perpetual convertible preferred stock to convert such preferred stock into shares of our common stock was approved in the 2022 annual meeting of stockholders held on January 26, 2023. The Company will disclose the material terms of the perpetual convertible preferred stock in connection with the completion of the exchange transaction, including the filing of a certificate of designation with the State of Nevada to designate the terms of such preferred stock after the issuance of the stock. In addition, as part of the Company’s plan to maintain compliance with the Nasdaq Listing Rules, and as approved in the 2022 annual meeting of stockholders, the Company intends to effect a reverse stock split of our outstanding common stock. The Board has approved the reverse split at a ratio of one-for-one-hundred (1 for 100 19.99% of the Company’s outstanding shares of Common Stock. See Note 11 for additional information regarding the Senior Convertible Note, and the potential effects on the Company’s business, financial condition, and results of operations. In addition to compliance with debt covenants, the Company considered that it had an accumulated deficit of $ 167,441,699 7,871,822 54,870,414 8,540,978 18,301,273 682,378 46,998,592 7,065,000 17,850,000 0.0937 0.001 2,316,686 1,073,343 1,073,343 30,000,000 30,000,000 0.25 0.25 7,500,000 3,600,000 0.01 0.25 36,000 2,265,927 50 2,000,000 7 512,500 2,050,000 2,050,000 512,500 4,075,991 15,000,000 1.00 15,000,000 1.00 2,250,000 1.00 13,605,000 The amount of available cash on hand on February 17, 2023, one business day preceding this filing, was $ 951,153 The Company believes that its current level of cash and cash equivalents are not sufficient to fund its operations and obligations without additional financing. Although the Company has financing available, as further described below, the ability to raise financing using these sources is subject to several factors, including market and economic conditions, performance, and investor sentiment as it relates to the Company and the esports and iGaming industry. The combination of these conditions was determined to raise substantial doubt regarding the Company’s ability to continue as a going concern for a period of at least one year from the date of issuance of these unaudited condensed consolidated financial statements. In determining whether the Company can overcome the presumption of substantial doubt about its ability to continue as a going concern, the Company may consider the effects of any mitigating plans for additional sources of financing. The Company identified additional financing sources it believes, depending on market conditions, may be available to fund its operations and drive future growth, which include (i) the potential expected proceeds from the recently filed S-1 where the amount of the offering has not yet been determined 33,600,000 0.25 17,250,000 1.00 These above plans are likely to require the Company to place reliance on several factors, including favorable market conditions, to access additional capital in the future. These plans were therefore determined not to be sufficient to overcome the presumption of substantial doubt about the Company’s ability to continue as a going concern. The unaudited condensed consolidated financial statements do not reflect any adjustments that might result from the outcome of this uncertainty.
COVID-19	COVID-19 The novel coronavirus (“COVID-19”) emerged in December 2019 and has since adversely impacted global commercial activity, disrupted supply chains and contributed to significant volatility in financial markets. The Company has previously indicated that a significant or prolonged decrease in consumer spending on entertainment or leisure activities may have an adverse effect on demand for the Company’s product offerings, including in-person access to game centers and tournaments, reducing cash flows and revenues, and thereby materially harming the Company’s business, financial condition and results of operations. The ultimate impact of the COVID-19 pandemic on other areas of the business will depend on future developments, which are uncertain and may result in an extended period of continued business disruption and reduced operations. A materially disruptive resurgence of COVID-19 cases or the emergence of additional variants or strains of COVID-19 could cause other widespread or more severe impacts depending on where infection rates are highest. Any resulting financial impact cannot be reasonably estimated at this time but may have a material adverse impact on the Company’s business, financial condition and results of operations. The Company will continue to monitor developments relating to disruptions and uncertainties caused by COVID-19.
Nasdaq Continued Listing Rules or Standards	Nasdaq Continued Listing Rules or Standards On April 11, 2022, the Company received a deficiency notification letter from the Listing Qualifications Staff of the Nasdaq Stock Market (“Nasdaq”) indicating that the Company was not in compliance with Nasdaq Listing Rule 5550(a)(2) because the bid price for the Company’s Common Stock had closed below $1.00 per share for the previous thirty consecutive business days. On June 7, 2022, the Company received a further letter from Nasdaq notifying the Company that for the last 30 consecutive business days, the Company’s minimum Market Value of Listed Securities (“MVLS”) was below the minimum of $ 35,000,000 On October 11, 2022, the Company received a third letter from Nasdaq notifying the Company that the Company’s Common Stock will be delisted, and the Company’s Common Stock warrants traded under the symbols GMBLW and GMBLZ and the Company’s 10% Series A cumulative redeemable convertible preferred stock traded under symbol GMBLP will no longer qualify for listing, and in that regard trading of the Company’s Common Stock, Common Stock warrants and 10% Series A cumulative redeemable convertible preferred stock will be suspended. The Company requested an appeal with the Nasdaq Hearings Panel (the “Panel”) and the hearing was held on November 17, 2022. On November 30, 2022, the Company received a determination from the Panel granting the Company’s request for the continued listing of its common stock on the Capital Market tier of Nasdaq, subject to the Company evidencing compliance with Nasdaq’s minimum bid price, and the $ 2,500,000 On December 6, 2022, the Company received a fourth letter from Nasdaq notifying the Company that it has not regained compliance with Listing Rule 5550(b)(2) requiring the Company to maintain a MVLS at a minimum of $ 35,000,000 From the initial determination, the Company has completed conditions 1 and 2: 1. On or before January 13, 2023, the Company shall file a Form S-1 registration statement with the SEC for a $ 10 2. On January 26, 2023, the Company shall obtain stockholder approval for a reverse stock split at a ratio that is sufficient to ensure compliance with the Bid Price Rule; On January 13, 2023, the Company filed its S-1, subject to amendments, and on January 26, 2023, as part of the 2022 annual meeting, the Company obtained stockholder approval for the of the Common Stock at a ratio of not less than one-for-twenty (1-for-20) and not more than one-for-one-hundred (1-for-100). The Board has approved the reverse split at a ratio of one-for-one-hundred (1 for 100), without a corresponding reduction in the total number of authorized shares of Common Stock, and to be in effect no later than February 22, 2023 to meet the minimum bid price compliance milestone. On February 8, 2023 the Company received notice from the Panel updating its remaining conditions as follows: 1. On February 20, 2023, the Company shall provide a written update to the Panel regarding the progress of its debt-to-equity conversion plan and its impact on the Company’s equity; 2. On March 7, 2023, the Company shall have demonstrated compliance with the Bid Price Rule, by evidencing a closing bid price of $ 1.00 3. On March 31, 2023, the Company shall demonstrate compliance with the shareholder equity requirement, as outlined in Equity Rule. The Company is working towards meeting all other conditions related to regaining compliance with the Nasdaq Listing Rules including the conversion of the Senior Convertible Note. Additionally, the Panel reserved the right to reconsider the terms of this exception. As a result, any failure to regain and maintain compliance with the continued listing requirements of Nasdaq could result in delisting of our common stock from Nasdaq and negatively impact our company and holders of our common stock, including by reducing the willingness of investors to hold our common stock because of the resulting decreased price, liquidity and trading of our common stock, limited availability of price quotations and reduced news and analyst coverage. Delisting may adversely impact the perception of our financial condition, cause reputational harm with investors, our employees and parties conducting business with us and limit our access to debt and equity financing. As discussed above, the Company is in the process of taking definitive steps to comply with all applicable conditions and criteria for continued listing on Nasdaq. There can be no assurances, however, that the Company will be able to do so. The Company must satisfy the time frame granted by the Panel or Nasdaq will provide written notification that its securities will be delisted. As part of the compliance plan the Company is negotiating with the Holder to restructure the Senior Convertible Note, including the derivative liability.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash includes cash on hand. Cash equivalents consist of highly liquid financial instruments purchased with an original maturity of three months or less. As of December 31, 2022 and June 30, 2022, the Company did not have any financial instruments classified as cash equivalents. At times, cash deposits inclusive of restricted cash may exceed Federal Deposit Insurance Corporation (“FDIC”) insured limits. Accounts are insured by the FDIC up to $ 250,000
Restricted Cash	Restricted Cash Restricted cash includes cash reserves maintained for compliance with gaming regulations that require adequate liquidity to satisfy the Company’s liabilities to customers.
Accounts Receivable	Accounts Receivable Accounts receivable is comprised of the amounts billed to customers principally for esports events and team management services. Accounts receivable is recorded net of an allowance for credit losses. The Company performs ongoing credit evaluations for its customers and determines the amount of the allowance for credit losses upon considering such factors as historical losses, known disputes or collectability issues, the age of a receivable balance as well as current economic conditions. Bad debt expense is recorded to maintain the allowance for credit losses at an appropriate level and changes in the allowance for credit losses are included in general and administrative expense in the unaudited condensed consolidated statements of operations. At December 31, 2022 and June 30, 2022, the allowance for credit losses was not material to the unaudited condensed consolidated financial statements of the Company.
Receivables Reserved for Users	Receivables Reserved for Users User deposit receivables are stated at the amount the Company expects to collect from a payment processor. A user initiates a deposit with a payment processor, and the payment processor remits the deposit to the Company. The amount due from the payment processor is recorded as a receivable reserved for users on the unaudited condensed consolidated balance sheets. An allowance for doubtful accounts may be established if it is determined that the Company is unable to collect a receivable from a payment processor. An increase to the allowance for doubtful accounts is recognized as a loss within general and administrative expenses in the unaudited condensed consolidated statements of operations. The allowance for doubtful accounts is not material to the unaudited condensed consolidated financial statements.
Equipment	Equipment Equipment is stated at cost less accumulated depreciation. The Company capitalizes the direct cost of equipment as well as expenditures related to improvements and betterments that add to the productive capacity or useful life of the equipment. Depreciation is computed utilizing the straight-line method over the estimated useful life of the asset, or for leasehold improvements, the shorter of the initial lease term or the estimated useful life of the improvements. The estimated useful life of equipment by asset class follows: Schedule of Estimated Useful Life of Asset Computer Equipment Up to 5 Furniture and fixtures Up to 7 Leasehold improvements Shorter of the remaining lease term or estimated life of the improvement The estimated useful life and residual value of equipment are reviewed and adjusted, if appropriate, at the end of each reporting period. The costs and accumulated depreciation of assets that are sold, retired, or otherwise disposed of are removed from the accounts and the resulting gain or loss is recognized as a gain or loss on sale or disposition of assets in the unaudited condensed consolidated statements of operations.
Business Combinations	Business Combinations The Company accounts for business combinations using the acquisition method of accounting. The Company records the assets acquired, liabilities assumed and acquisition-related contingent consideration at fair value on the date of acquisition. The difference between the purchase price, including any contingent consideration, and the fair value of net assets acquired is recorded as goodwill. The Company may adjust the preliminary purchase price and purchase price allocation, as necessary, during the measurement period of up to one year after the acquisition closing date as it obtains more information as to facts and circumstances that impact the determination of fair value at the acquisition date. Any change in fair value of acquisition-related contingent consideration resulting from events after the acquisition date is recognized in earnings. Acquisition-related costs are recognized separately from the acquisition and are expensed as incurred.
Goodwill	Goodwill Goodwill represents the excess of fair value of consideration paid for an acquired entity over the fair value of the assets acquired and liabilities assumed in a business combination. Goodwill is not amortized but rather it is tested for impairment at the reporting unit level on an annual basis on April 1 for each fiscal year, or more often if events or changes in circumstances indicate that more likely than not the carrying amount of the asset may not be recoverable. A reporting unit represents an operating segment or a component of an operating segment. In accordance with ASC Topic 350 Intangibles - Goodwill and Other In testing goodwill for impairment, the Company has the option to begin with a qualitative assessment, commonly referred to as “Step 0,” to determine whether it is more likely than not that the fair value of a reporting unit containing goodwill is less than its carrying value. This qualitative assessment may include, but is not limited to, reviewing factors such as macroeconomic conditions, industry and market considerations, cost factors, entity-specific financial performance and other events, including changes in the Company’s management, strategy and primary user base. If the Company determines that it is more likely than not that the fair value of a reporting unit is less than its carrying value, the Company then performs a quantitative goodwill impairment analysis by comparing the carrying amount to the fair value of the reporting unit. If it is determined that the fair value is less than its carrying amount, the excess of the goodwill carrying amount over the implied fair value is recognized as an impairment loss in accordance with Accounting Standards Update (“ASU”) No. 2017-04, Goodwill and Other (Topic 350): Simplifying the Accounting for Goodwill Impairment During the three months ended December 31, 2022, the Company’s initiated a process to evaluate the strategic options for the EEG iGaming business, including exploring a sale of EEG iGaming assets due to increasing regulatory burdens and competition. In December 2022, the Company closed down its licensed remote gambling operation in the UK market and on December 9, 2022 surrendered its UK license, as part of the winding down of the Argyll UK iGaming operations. Subsequent to the period end, the Company appointed a new CEO and a new interim CFO and on January 18, 2023 sold its EEG iGaming Spanish license. As part of these changes the Company has been focused on reducing costs in its businesses as it has seen the EEG iGaming revenues decline significantly from levels seen in the previous year and previous quarters. This and uncertainties caused by inflation and world stability were determined to be a triggering event and the long-lived assets of the Company were quantitatively tested for impairment. For the three and six months ended December 31, 2022, the Company recognized total goodwill asset impairment charges of $ 16,135,000 14,500,000 1,635,000
Intangible assets	Intangible assets Intangible assets with determinable lives consist of player relationships, developed technology and software, tradenames and gaming licenses. Intangible assets with determinable lives are amortized on a straight-line basis over their estimated useful lives of 5 years 10 years 2 years
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets Equipment and other long-lived assets, including finite lived intangibles, are evaluated for impairment periodically or when events and circumstances indicate that the carrying amount of an asset may not be recoverable. If an evaluation is required, an estimate of future undiscounted cash flows are determined through estimated disposition date of the asset. To the extent that estimated future undiscounted net cash flows attributable to the asset are less than the carrying amount, an impairment loss is recognized equal to the difference between the carrying value of such asset and its fair value, considering external market participant assumptions. An estimation of future cash flows requires significant judgment as the Company makes assumptions about future results and market conditions. Since the determination of future cash flows is an estimate of future performance, there may be impairments recognized in future periods in the event future cash flows do not meet expectations. During the three and six months ended December 31, 2022 and 2021, the Company determined that there was no impairment on its long-lived assets.
Liabilities to Customers	Liabilities to Customers The Company records liabilities to customers, also referred to as player liabilities, for the amounts that may be withdrawn by a player at a given time. The player liabilities include player deposits, bonuses or incentive awards and user winnings less withdrawals, tax withholdings and player losses. The Company maintains a restricted cash balance and player deposits held by third parties, recorded as receivables reserved for users on the unaudited condensed consolidated balance sheets, at levels equal to or exceeding its liabilities to customers.
Jackpot Provision	Jackpot Provision The jackpot provision liability is an estimate of the amount due to players for jackpot winnings. The jackpot liability is accrued monthly based on an estimate of the jackpot amount available for winning. The jackpot increases with each bet on a jackpot eligible iGaming casino machine and a portion of each losing bet is allocated towards the funding of the jackpot amount. Jackpots are programmed to be paid out randomly across certain casino brands. When a player wins a jackpot, the amount of the jackpot is reset to a defined amount that varies across eligible iGaming casino machines. Participating iGaming casino machines of the Company pool into the same jackpot and therefore the winning of a jackpot affects other players on the network of participating iGaming casino machines. Jackpot winnings reduce revenue at the time the entity has the obligation to pay the jackpot, which occurs when the jackpot is won by the player.
Leases	Leases The Company leases office space through operating lease agreements that were a result of its acquisitions of Argyll and Lucky Dino. The Company previously leased game center space, other property and equipment, acquired through the Helix acquisition, that was sold as part of the Helix sale transaction on June 10, 2022, where the purchaser assumed the lease liabilities. The Company measures an operating lease right-of-use (“ROU”) asset and liability, as well as a finance lease asset and liability, based on the present value of the future minimum lease payments over the lease term at the commencement date. Minimum lease payments include the fixed lease and non-lease components of the agreement, as well as any variable rent payments that depend on an index, initially measured using the index at the lease commencement date. The minimum payments under operating leases are recognized on a straight-line basis over the lease term in the unaudited condensed consolidated statements of operations. Operating lease expenses related to variable lease payments are recognized as operating expenses in a manner consistent with the nature of the underlying lease and as the events, activities, or circumstances in the lease agreement occur. Leases with a term of less than 12 months (“short-term leases”) are not recognized on the unaudited condensed consolidated balance sheets. The rent expense for short-term leases is recognized on a straight-line basis over the lease term and included in general and administrative expense on the unaudited condensed consolidated statements of operations.
Income Taxes	Income Taxes The Company accounts for income taxes using the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been recognized in the unaudited condensed consolidated financial statements or in the Company’s tax returns. Deferred tax assets and liabilities are determined on the basis of the differences between U.S. GAAP treatment and tax treatment of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. Changes in deferred tax assets and liabilities are recorded in the provision for income taxes. The Company assesses the likelihood that its deferred tax assets will be recovered from future taxable income and, to the extent it believes, based upon the weight of available evidence, that it is more likely than not that all or a portion of the deferred tax assets will not be realized, a valuation allowance is established through a charge to income tax expense. Potential for recovery of deferred tax assets is evaluated by considering taxable income in carryback years, existing taxable temporary differences, prudent and feasible tax planning strategies and estimated future taxable profits. The Company accounts for uncertainty in income taxes recognized in the unaudited condensed consolidated financial statements by applying a two-step process to determine the amount of tax benefit to be recognized. First, the tax position must be evaluated to determine the likelihood that it will be sustained upon external examination by the taxing authorities. If the tax position is deemed more-likely-than-not to be sustained, the tax position is then assessed to determine the amount of benefit to recognize in the unaudited condensed consolidated financial statements. The amount of the benefit that may be recognized is the largest amount that has a greater than 50% likelihood of being realized upon ultimate settlement. The provision for income taxes includes the effects of any resulting tax reserves, or unrecognized tax benefits, that are considered appropriate, as well as the related net interest and penalties.
Derivative Instruments	Derivative Instruments The Company evaluates its convertible notes, equity instruments and warrants, to determine if those contracts or embedded components of those contracts qualify as derivatives (Note 11). The result of this accounting treatment is that the fair value of the embedded derivative is recorded at fair value each reporting period and recorded as a liability (Note 17) in the unaudited condensed consolidated balance sheets. In the event that the fair value is recorded as a liability, the change in fair value is recorded in the unaudited condensed consolidated statements of operations as other income or expense (Note 17). In circumstances where the embedded conversion option in a convertible instrument is required to be bifurcated and there are also other embedded derivative instruments in the convertible instrument that are required to be bifurcated, the bifurcated derivative instruments are accounted for as a single, compound derivative instrument. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is reassessed at the end of each reporting period. Equity instruments that are initially classified as equity that become subject to reclassification are reclassified to a liability at the fair value of the instrument on the reclassification date. Derivative instrument liabilities are classified in the balance sheet as current or non-current to correspond with its host instrument. The Company records the fair value of the remaining embedded derivative at each balance sheet date and records the change in the fair value of the remaining embedded derivative as other income or expense in the unaudited condensed consolidated statements of operations.
Fair Value Measurements	Fair Value Measurements Fair value is defined as the price that would be received for an asset, or paid to transfer a liability, in an orderly transaction between market participants at the measurement date. Valuation techniques maximize the use of observable inputs and minimize the use of unobservable inputs. When determining the fair value measurements for assets and liabilities, the Company considers the principal or most advantageous market in which it would transact and considers assumptions that market participants would use when pricing the asset or liability. The following summarizes the three levels of inputs required to measure fair value, of which the first two are considered observable and the third is considered unobservable: Level 1: Unadjusted quoted prices in active markets for identical assets or liabilities. Level 2: Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3: Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Certain assets and liabilities are required to be recorded at fair value on a recurring basis. The Company adjusts contingent consideration resulting from a business combination, derivative financial instruments and warrant liabilities, to fair value on a recurring basis. Certain long-lived assets may be periodically required to be measured at fair value on a nonrecurring basis, including long-lived assets that are impaired. The fair values for other assets and liabilities such as cash, restricted cash, accounts receivable, receivables reserved for users, other receivables, prepaid expenses and other current assets, accounts payable and accrued expenses, and liabilities to customers have been determined to approximate their carrying amounts due to the short maturities of these instruments. The fair values of the Senior Convertible Note and lease liabilities approximate their carrying value based on current interest and discount rates.
Earnings Per Share	Earnings Per Share Basic income (loss) per share is calculated using the two-class method. Under the two-class method, basic income (loss) is computed by dividing net income (loss) available to common stockholders by the weighted-average number of common shares outstanding during the period excluding the effects of any potentially dilutive securities. Diluted income (loss) per share is computed similar to basic income (loss) per share, except that the denominator is increased to include the number of additional common shares that would have been outstanding if potential common shares had been issued if such additional common shares were dilutive. Diluted income (loss) per share includes the effect of potential common shares, such as the Company’s preferred stock, notes, warrants and stock options, to the extent the effect is dilutive. As the Company had net losses for all the periods presented, basic and diluted loss per share are the same, and additional potential common shares have been excluded, as their effect would be anti-dilutive. The following securities were excluded from weighted average diluted common shares outstanding for the three and six months ended December 31, 2022 and 2021 because their inclusion would have been antidilutive: Schedule of Weighted Average Diluted Common Shares Outstanding 2022 2021 As of December 31, 2022 2021 Common stock options 763,501 1,530,151 Common stock warrants (1) 56,200,558 5,350,588 Common stock issuable upon conversion of senior convertible note 14,758,874 2,478,332 10% Series A cumulative redeemable convertible preferred stock 835,950 835,950 Total 72,558,883 10,195,021 (1) Excludes the 11,284,000
Comprehensive Loss	Comprehensive Loss Comprehensive loss consists of the net loss for the year and foreign currency translation adjustments related to the effect of foreign exchange on the value of assets and liabilities. The net translation loss for the year is included in the unaudited condensed consolidated statements of comprehensive loss.
Stock-based Compensation	Stock-based Compensation The Company periodically issues stock-based compensation to employees, directors, contractors and consultants for services rendered. Stock-based compensation granted to employees and non-employee directors includes grants of restricted stock and employee stock options that are measured and recognized based on their fair values determined on the grant date. The award of restricted stock and stock options, which are generally time vested, are measured at the grant date fair value and charged to earnings on a straight-line basis over the vesting period. The fair value of stock options is determined utilizing the Black-Scholes option-pricing model, which is affected by several variables, including the risk-free interest rate, the expected dividend yield, the expected life of the equity award, the exercise price of the stock option as compared to the fair market value of the Common Stock on the grant date, and the estimated volatility of the Common Stock over the term of the equity award. The fair value of restricted stock is determined by the closing market price of the Company’s Common Stock on the date of grant. The compensation cost for service-based stock options granted to consultants is measured at the grant date, based on the fair value of the award, and is expensed on a straight-line basis over the requisite service period (the vesting period of the award).
Revenue and Cost Recognition	Revenue and Cost Recognition The revenue of the Company is currently generated from online casino and sports betting (referred to herein as “EEG iGaming revenue”), and esports revenue (referred to herein as “EEG Games Revenue”), consisting of the sales of subscriptions to access cloud-based software used by independent operators of game centers, from consulting and data analytic services provided to game operators (“EEG Games Esports and Other Revenue”), and from the provision of esports event and team management services (“EEG Games Esports Event Management and Team Service Revenue”). The Company recognizes revenue in accordance with Accounting Standards Codification (“ASC”) Topic 606 – Revenue from Contracts with Customers Revenue generating activities of the Company may be subject to value added tax (“VAT”) in certain jurisdictions in which the Company operates. Revenue is presented net of VAT in the unaudited condensed consolidated statements of operations. VAT receivables and VAT payables are included in other receivables and accounts payable and accrued expenses, respectively on the unaudited condensed consolidated balance sheets. Sales to customers do not have significant financing components or payment terms greater than 12 months. EEG iGaming Revenue EEG iGaming revenue is derived from the placement of bets by end-users, also referred to as customers, through online gaming sites. The transaction price in an iGaming contract, or Net Gaming Revenue (“NGR”), is the difference between gaming wins and losses, as further reduced by any nondiscretionary incentives awarded to the customer. Gaming transactions involve four performance obligations, namely the settlement of each individual bet, the honoring of discretionary incentives available to the customer through loyalty reward programs, the award of free spin and deposit match bonuses, and the winning of a casino jackpot. The total amount wagered by a customer is commonly referred to as the win or Gross Gaming Revenue (“GGR”). The GGR is allocated to each performance obligation using the relative standalone selling price (“SSP”) determined for iGaming contracts. Revenue recognition for individual wagers is recognized when the gaming occurs, as such gaming activities are settled immediately. The revenue allocated to incentives, such as loyalty points offered through a rewards program, is deferred and recognized as revenue when the loyalty points are redeemed. Revenue allocated to free spins and deposit matches, referred to as bonuses, are recognized at the time that they are wagered. The revenue for jackpot games is recognized when the jackpot is won by the customer. The Company applies a practical expedient by accounting for its performance obligations on a portfolio basis as iGaming contracts have similar characteristics. The Company expects the application of the revenue recognition guidance to a portfolio of iGaming contracts will not materially differ from the application of the revenue recognition guidance on an individual contract basis. The Company evaluates bets that its users place on websites owned by third party brands in order to determine whether it may recognize revenue on a gross basis, when acting as the principal provider of the wagering service, or on a net basis, when acting as an intermediary or agent. The principal in a wagering service involving a third party is generally the entity that controls the wagering service such that it has a right to the services being performed by the third party and can direct the third party in delivery of the service to its users. The Company records revenue on a gross basis as it has determined it is the principal in transactions involving third parties, such as revenue sharing arrangements, as it controls the wagering service being offered to the users such that it has a right to the service performed by third parties and can further direct third parties in providing services to users. The Company further records expenses related to its revenue sharing arrangements and other third-party iGaming expenses within costs of revenue in the unaudited condensed consolidated statements of operations. EEG Games Revenue EEG Games Esports and Other Revenue The Company derives revenue from sales of subscriptions to access cloud-based software used by independent operators of game centers, as well as from consulting and data analytic services provided to game operators. The revenue derived from the sale of subscription services to cloud-based software used by game centers is recognized over the term of the contract, which generally can range from one month to one year in duration, beginning on the date the customer is provided access to the Company’s hosted software platform. The revenue from the operation of game centers by the Company is recognized when a customer purchased time to use the esports gaming equipment at each center. The revenue from time purchased by a customer and from the sale of concessions is recognized at the point of sale. The Company further provides consultation services related to the use of hardware and equipment for gaming operations together with implementation services that include sourcing, training, planning, and installation of technology. The Company considers services related to hardware and equipment, implementation, and any design of user interface for the customer as separate performance obligations. Revenue for hardware equipment and design of custom user interface is recognized at a point in time upon delivery and completion. Implementation services are recognized over time, as services are performed. The Company also has contracts with software companies to provide talent data analytics and related esports services, which include analytic development, other related services to develop software and applications for tournaments, and to provide data support, data gathering, gameplay analysis and reporting which includes talent analytics and related esports services, including analytic development, data analysis, survey design, interview services, player dossiers, and expert services. The Company recognizes revenue from its data analytic services over the life of the contract utilizing the output method, using a direct measurement of the value to the customer of the goods or services transferred to date relative to the remaining goods or services promised under the contact. The Company elected to use the right to invoice practical expedient and recognize revenue based on the amounts invoiced. The payment terms and conditions vary by contract; however, the Company’s terms generally require payment within 30 to 60 days from the invoice date. The Company has partnership contracts with strategic customers within the esports industry. The partnership contracts are negotiated agreements, which contain both licensing arrangements of intellectual property and development services, including fixed and variable components. The variability of revenue is driven by development plans and results of sales as specified by the partnership contract, which are known as of an invoice date. Partnership contracts generally do not have terms that extend beyond one year. The Company considers licensing arrangements and development services as separate performance obligations. Licensing revenues are recorded over time. Revenue associated with development is recognized over time, as labor is incurred. Contracts that contain multiple performance obligations require an allocation of the transaction price to each distinct performance obligation based on a relative standalone selling price basis unless the transaction price is variable and meets the criteria to be allocated entirely to a performance obligation or to a distinct good or service that forms part of a single performance obligation. The Company determines standalone selling price based on the price at which the performance obligation is sold separately. If the standalone selling price is not observable through past transactions, the Company estimates the standalone selling price taking into account the Company’s overall pricing objectives, considering market conditions and other factors, including the value of the deliverables in the contracts, customer demographics, geographic locations, and the number and types of users within the contracts. EEG Games Esports Event Management and Team Service Revenue The Company derives revenue from esports event management and team services. Esports event management services support the creation, production and delivery of an esports event by providing event staffing, gaming consoles, and other technical goods and services for a customer event that is either hosted live in person or online. The revenue generated from esports event management services is generally earned on a fixed fee basis per event. The esports team services offerings of the Company include recruitment and management services offered to sports clubs to facilitate their entrance into esports tournament competition. Team services provided to a customer may include player recruitment, administration of player contracts, processing of tournament admission, providing logistical arrangements, as well as providing ongoing support to the team during the event. Team services are earned on a fixed fee basis per tournament. Esports event management and team services revenues are recognized over the term of the event or the relevant contractual term for services as this method best depicts the transfer of control to the customer. The Company recognizes revenue for event management services based on the number of days completed for the event relative to the total days of the event. Revenue from team management services is recognized from inception of the contract through the end of the tournament using the number of days completed relative to the total number of days in the contract term. Revenue collected in advance of the event management or team services is recorded as deferred revenue on the unaudited condensed consolidated balance sheets. The Company may also enter into profit sharing arrangements which are determined based on the net revenue earned by the customer for an event in addition to a fixed fee. Revenue recognition for profit sharing arrangements is recognized at the time the revenue from the event is determined, which is generally at the conclusion of the event. An event or team services contract may further require the Company to distribute payments to event or tournament attendees resulting in the recognition of a processing fee by the Company. The Company does not recognize revenue from the processing of payments until the conclusion of the event or tournament. The Company evaluates the service being provided under an esports event and team services contract to determine whether it should recognize revenue on a gross basis as the principal provider of the service, or on a net basis in a manner similar to that of an agent. The Company has determined that for esports event and team services contracts that allow for the assignment of individual tasks to a third-party contractor, the Company acts as the principal provider of the service being offered to the customer as it remains primarily responsible for fulfilling the contractual promise to the customer. In profit sharing arrangements, such as events that allow for the Company to share in the revenue earned by a customer for an event, the Company has determined it acts in the role of an agent to the customer as the event creator. The Company has also determined it acts as an agent when it collects a processing fee for performing the service of distributing prize money on behalf of its customers to event or tournament winners.
Contract Liabilities	Contract Liabilities Liabilities to customers include both player liabilities, consisting of a free spin bonus and a deposit match bonus, and the player reward liabilities. The free spin bonus provides the user the opportunity to a free play, or otherwise spin, on an iGaming casino slot machine without withdrawing a bet amount from the player’s account. The deposit match bonus matches a player’s deposit up to a certain specified percentage or amount. These bonuses represent consideration payable to a customer and therefore are treated as a reduction of the transaction price in determining NGR. The Company also offers non-discretionary loyalty rewards points to customers that can be redeemed for free play or cash. The Company allocates revenue from wagers to loyalty points rewards earned by users, thereby deferring a portion of revenue from users that participate in a loyalty reward program. The amount of revenue deferred related to loyalty points available to users is based on the estimated fair value of the loyalty point incentive available to the user. The Company also records payments received in advance of performance under an esports gaming services contract or event management or team services contract as deferred revenue.
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements In May 2021, the FASB issued ASU 2021-04, Earnings Per Share (Topic 260), Debt—Modifications and Extinguishments (Subtopic 470-50), Compensation—Stock Compensation (Topic 718), and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40). In June 2020, the FASB issued ASU No. 2020-06, Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging – Contracts in Entity’s Own Equity (Subtopic 815-40).
Recently Issued Accounting Standards	Recently Issued Accounting Standards In October 2021, the FASB issued ASU 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments Financial Instruments—Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842): Effective Dates From time to time, new accounting pronouncements are issued by the FASB or other standard setting bodies that the Company adopts as of the specified effective date. The Company does not believe that the impact of recently issued standards that are not yet effective will have a material impact on the Company’s financial position or results of operations upon adoption.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Schedule of Estimated Useful Life of Asset	Schedule of Estimated Useful Life of Asset Computer Equipment Up to 5 Furniture and fixtures Up to 7 Leasehold improvements Shorter of the remaining lease term or estimated life of the improvement
Schedule of Weighted Average Diluted Common Shares Outstanding	The following securities were excluded from weighted average diluted common shares outstanding for the three and six months ended December 31, 2022 and 2021 because their inclusion would have been antidilutive: Schedule of Weighted Average Diluted Common Shares Outstanding 2022 2021 As of December 31, 2022 2021 Common stock options 763,501 1,530,151 Common stock warrants (1) 56,200,558 5,350,588 Common stock issuable upon conversion of senior convertible note 14,758,874 2,478,332 10% Series A cumulative redeemable convertible preferred stock 835,950 835,950 Total 72,558,883 10,195,021

Other Receivables (Tables)

Other Receivables (Tables)	6 Months Ended
	Dec. 31, 2022
Receivables [Abstract]
Schedule of Other Receivables	The components of other receivables are as follows: Schedule of Other Receivables December 31, 2022 June 30, 2022 Indirect taxes $ 20,416 $ 306,040 Other 1,272,360 66,243 Other receivables $ 1,292,776 $ 372,283

Prepaid Expenses and Other Cu_2

Prepaid Expenses and Other Current Assets (Tables)	6 Months Ended
	Dec. 31, 2022
Prepaid Expenses And Other Current Assets
Schedule of Prepaid Expenses and Other Current Assets	The components of prepaid expenses and other current assets are as follows: Schedule of Prepaid Expenses and Other Current Assets December 31, 2022 June 30, 2022 Prepaid marketing costs $ 34,902 $ 298,300 Prepaid insurance 245,062 230,404 Prepaid gaming costs 283,221 575,113 Prepaid interest 421,566 - Accrued income - 110,613 Other 374,057 328,623 Prepaid expenses and other current assets $ 1,358,808 $ 1,543,053

Equipment (Tables)

Equipment (Tables)	6 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Schedule of Equipment	The components of equipment are as follows: Schedule of Equipment December 31, 2022 June 30, 2022 Computer equipment $ 39,972 $ 35,911 Furniture and equipment 35,324 34,526 Equipment, at cost 75,296 70,437 Accumulated depreciation and finance lease amortization (39,330 ) (26,512 ) Equipment, net $ 35,966 $ 43,925

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	A summary of the changes in the balance of goodwill by segment is as follows: Schedule of Goodwill EEG iGaming EEG Games Total Goodwill, balance as of June 30, 2022 19,660,481 2,614,832 22,275,313 Impairment charges (14,500,000 ) (1,635,000 ) (16,135,000 ) Foreign currency translation 443,801 - 443,801 Goodwill, balance as of December 31, 2022 $ 5,604,282 $ 979,832 $ 6,584,114
Schedule of Intangible Assets	The table below reflects the adjusted gross carrying amounts for these intangible assets. The intangible amounts comprising the intangible asset balance are as follows: Schedule of Intangible Assets December 31, 2022 June 30, 2022 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Tradename $ 5,949,595 $ (893,348 ) $ 5,056,247 $ 5,835,512 $ (578,960 ) $ 5,256,552 Developed technology and software 10,244,592 (3,061,301 ) 7,183,291 10,109,366 (1,935,018 ) 8,174,348 Gaming licenses 1,348,025 (1,129,676 ) 218,349 1,317,567 (774,760 ) 542,807 Player relationships 21,395,918 (7,013,592 ) 14,382,326 20,920,029 (4,757,813 ) 16,162,216 Internal-use software 225,847 (17,830 ) 208,017 225,086 (14,520 ) 210,566 Total $ 39,163,977 $ (12,115,745 ) $ 27,048,230 $ 38,407,560 $ (8,060,653 ) $ 30,346,489
Schedule of Future Amortization of Intangible Assets	The estimated future amortization related to definite-lived intangible assets is as follows: Schedule of Future Amortization of Intangible Assets Remainder of Fiscal 2023 $ 3,799,449 Fiscal 2024 7,123,766 Fiscal 2025 7,123,766 Fiscal 2026 5,982,199 Fiscal 2027 676,955 Thereafter 2,342,095 Total $ 27,048,230

Other Non-Current Assets (Table

Other Non-Current Assets (Tables)	6 Months Ended
	Dec. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Components of Other Non-Current Assets	The components of other non-current assets are as follows: Components of Other Non-Current Assets December 31, 2022 June 30, 2022 iGaming regulatory deposits $ 1,517,582 $ 1,715,053 iGaming deposit with service providers - 261,825 Rent deposit - 80,520 Other 4,746 4,778 Other non-current assets $ 1,522,328 $ 2,062,176

Accounts Payable and Accrued _2

Accounts Payable and Accrued Expenses (Tables)	6 Months Ended
	Dec. 31, 2022
Payables and Accruals [Abstract]
Components of Accounts Payable and Accrued Expenses	The components of accounts payable and accrued expenses are as follows: Components of Accounts Payable and Accrued Expenses December 31, 2022 June 30, 2022 Trade accounts payable $ 6,689,344 $ 5,069,616 Accrued marketing 2,304,264 2,388,987 Accrued payroll and benefits 937,528 833,322 Accrued gaming liabilities 540,621 446,626 Accrued professional fees 78,855 555,967 Accrued jackpot liabilities 317,894 297,970 Accrued interest 1,018,327 - Accrued other liabilities 2,512,535 2,751,564 Total $ 14,399,368 $ 12,344,052

Leases (Tables)

Leases (Tables)	6 Months Ended
	Dec. 31, 2022
Leases
Schedule of Assets and Liabilities Related to Operating Lease	The consolidated balance sheet allocation of assets and liabilities related to operating and finance leases is as follows: Schedule of Assets and Liabilities Related to Operating Lease Condensed Consolidated Balance Sheet Caption December 31, 2022 (unaudited) June 30, 2022 Assets: Operating lease assets Operating lease right-of-use assets $ 126,064 $ 164,288 Total lease assets $ 126,064 $ 164,288 Liabilities: Current: Operating lease liabilities Operating lease liability - current $ 422,344 $ 364,269 Long-term: Operating lease liabilities Operating lease liability - non-current 549,482 669,286 Total lease liabilities $ 971,826 $ 1,033,555
Schedule of Weighted Average Remaining Lease Terms and Discount Rates	Weighted average remaining lease terms and discount rates follow: Schedule of Weighted Average Remaining Lease Terms and Discount Rates December 31, 2022 June 30, 2022 Weighted Average Remaining Lease Term (Years): Operating leases 3.43 3.87 Weighted Average Discount Rate: Operating leases 8.00 % 8.00 %
Schedule of Future Minimum Lease Payments	The future minimum lease payments at December 31, 2022 follows: Schedule of Future Minimum Lease Payments Operating Lease Remainder of fiscal 2023 $ 318,834 Fiscal 2024 315,170 Fiscal 2025 222,789 Fiscal 2026 229,473 Total lease payments 1,086,266 Less: imputed interest (114,440 ) Present value of lease liabilities $ 971,826

Long-Term Debt (Tables)

Long-Term Debt (Tables)	6 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Schedule of Notes Payable and Other Long-term Debt	The components of notes payable and other long-term debt follows: Schedule of Notes Payable and Other Long-term Debt Maturity Interest Rate as of December 31, 2022 December 31, 2022 June 30, 2022 Notes payable April 30, 2023 3.49% $ 75,612 $ 139,538 Total 75,612 139,538 Less current portion of notes payable and long-term debt (75,612 ) (139,538 ) Notes payable and other long-term debt $ - $ -
Schedule of Maturities of Long-term Debt	The maturities of long-term debt are as follows: Schedule of Maturities of Long-term Debt Fiscal 2023 $ 75,612 Total $ 75,612 Long term debt $ 75,612
Schedule of Components of Long-term Debt	The components of the Company’s long-term debt, including the Senior Convertible Note follows: Schedule of Components of Long-term Debt December 31, 2022 June 30, 2022 Current portion of long-term debt, including the senior convertible note $ 32,297,185 $ 35,139,538 Total $ 32,297,185 $ 35,139,538 Carrying amount $ 32,297,185 $ 35,139,538

Revenue and Geographic Inform_2

Revenue and Geographic Information (Tables)	6 Months Ended
	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Schedule of Disaggregated by Revenue	A disaggregation of revenue by type of service for the three and six months ended December 31, 2022 and 2021 is as follows: Schedule of Disaggregated by Revenue Three months ended December 31, Six months ended December 31, 2022 2021 2022 2021 Online betting and casino revenues $ 5,538,486 $ 12,439,696 $ 14,133,832 $ 27,102,284 Esports and other revenues 870,919 2,091,351 1,880,837 3,837,054 Total $ 6,409,405 $ 14,531,047 $ 16,014,669 $ 30,939,338 Revenue $ 6,409,405 $ 14,531,047 $ 16,014,669 $ 30,939,338
Schedule of Revenues with Customers and Long-lived Assets Disaggregated by Geographical Area	A summary of revenue by geography for the three and six months ended December 31, 2021 and 2020 is as follows: Schedule of Revenues with Customers and Long-lived Assets Disaggregated by Geographical Area Three months ended December 31, Six months ended December 31, 2022 2021 2022 2021 United States $ 581,501 $ 1,688,578 $ 1,394,381 $ 3,208,843 International 5,827,904 12,842,469 14,620,288 27,730,495 Total $ 6,409,405 $ 14,531,047 $ 16,014,669 $ 30,939,338 Revenue $ 6,409,405 $ 14,531,047 $ 16,014,669 $ 30,939,338
Schedule of Long-Lived Assets by Geography	A summary of long-lived assets by geography is as follows: Schedule of Long-Lived Assets by Geography December 31, 2022 June 30, 2022 United States $ 5,592,080 $ 8,271,360 International 29,724,622 46,620,831 Total $ 35,316,702 $ 54,892,191 Long-lived assets $ 35,316,702 $ 54,892,191

Equity (Tables)

Equity (Tables)	6 Months Ended
	Dec. 31, 2022
Equity [Abstract]
Schedule of Warrant Activity	A summary of the warrant activity follows: Schedule of Warrant Activity Number of Warrants Weighted Average Exercise Price Weighted Average Remaining Life (Years) Intrinsic Value Outstanding, July 1, 2021 5,350,558 $ 14.19 3.14 8,743,588 Issued 17,250,000 1.00 Exercised - - Forfeited or cancelled - - Outstanding, June 30, 2022 22,600,558 $ 4.12 4.07 - Issued 33,600,000 0.25 Exercised - - Forfeited or cancelled - - Outstanding September 30, 2022 56,200,558 $ 1.81 4.51 - Issued 17,850,000 0.001 Exercised (6,566,000 ) 0.001 Forfeited or cancelled - - Outstanding December 31, 2022 67,484,558 $ 1.51 4.38 -
Schedule of Stock Option	A summary of the Company’s stock option activity is as follows: Schedule of Stock Option Number of Options Weighted Average Exercise Price Outstanding, June 30, 2021 474,676 $ 5.49 Granted 1,120,150 6.71 Exercised (14,000 ) 4.82 Cancelled (470,300 ) 6.54 Outstanding, June 30, 2022 1,110,526 $ 6.29 Granted - - Exercised - - Cancelled (347,025 ) 6.56 Outstanding, December 31, 2022 763,501 $ 6.25

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Schedule of Fair Value of Financial Instruments	The following financial instruments were measured at fair value on a recurring basis: Schedule of Fair Value of Financial Instruments December 31, 2022 Total Level 1 Level 2 Level 3 Contingent consideration (Note 12) $ 6,192,912 $ - $ - $ 6,192,912 Liability for the September 2022 Warrants (Note 11) $ 2,267,454 - - $ 2,267,454 Liability for the March 2022 Warrants (Note 11) $ 172,500 $ 172,500 $ - $ - Liability for the Series A and Series B Warrants (Note 11) $ 16,777 $ - $ - $ 16,777 Derivative liability on Senior Convertible Note (Note 2 and Note 11) $ 799,954 $ - $ - $ 799,954
Schedule of Changes in Level 3 Financial Instruments	A summary of the changes in Level 3 financial instruments for the six months ended December 31, 2022 is as follows: Schedule of Changes in Level 3 Financial Instruments Warrant Liability Contingent Consideration Derivative liability on Senior Convertible Note Balance at June 30, 2022 $ 122,730 $ 3,328,361 $ 9,399,620 Fair value of the September 2022 Warrants (Note 11) 5,286,288 - - Change in fair value of September 2022 Warrants (Note 11) (1,482,103 ) - - Change in fair value of Series A and Series B Warrants issued with Senior Convertible Note (Note 11) (105,953 ) - - Change in fair value of Bethard contingent consideration liability (Note 12) - (179,468 ) - Change in the fair value of the derivative liability on Senior Convertible Note (Note 2 and Note 11) - - (274,864 ) Balance at September 30, 2022 3,820,962 3,148,893 9,124,756 Change in fair value of September 2022 Warrants (Note 11) (1,536,732 ) - - Loss (gain) on Bethard contingent consideration liability (Note 12) - 3,044,019 - Change in the fair value of the derivative liability on Senior Convertible Note (Note 2 and Note 11) - - (8,324,802 ) Balance at December 31, 2022 $ 2,284,230 6,192,912 799,954
Schedule of Warrants Outstanding Fair Value Assumption	The September 2022 Warrants were classified as Level 3 as they are plain vanilla warrants and are not callable by the Company (Note 11). The September 2022 Warrants were valued using a Black Scholes valuation model on issuance at September 19, 2022 and for the warrants outstanding at December 31, 2022 with the following assumptions: Schedule of Warrants Outstanding Fair Value Assumption December 31, 2022 September 19, 2022 Contractual term, in years 5.00 5.00 Expected volatility 162 % 167 % Risk-free interest rate 4.02 % 3.69 % Dividend yield - - Conversion / exercise price $ 0.25 $ 0.25 The March 2022 Warrants were classified as Level 1 as they are publicly traded. They are callable by the Company if certain criteria are met (Note 11). The March 2022 Warrants outstanding at December 31, 2022 and June 30, 2022 were valued using the following assumptions: December 31, 2022 June 30, 2022 Contractual term, in years 5.00 5.00 Active market Nasdaq Nasdaq Market price $ 0.01 $ 0.12 The Series A and Series B Warrants outstanding at December 31, 2022 and June 30, 2022 are callable by the Company if certain criteria are met (Note 11) and were valued using a Monte Carlo valuation model with the following assumptions: December 31, 2022 June 30, 2022 Contractual term, in years 2.00 4.00 2.00 4.00 Expected volatility 135 190 % 125 133 % Risk-free interest rate 3.96 4.24 % 2.75 2.98 % Dividend yield - - Conversion / exercise price $ 17.50 $ 17.50 The value of the derivative liability on the Senior Convertible Note at December 31, 2022 and June 30, 2022 was valued using a nonperformance risk adjusted Monte Carlo valuation model using total assets less goodwill and an estimate of the Company’s total enterprise value with the following valuation assumptions: December 31, 2022 June 30, 2022 Contractual term remaining, in years 0.42 0.92 Expected volatility 162.78 % 137.11 % De-leveraged volatility 32.81 % 62.88 % Risk-free interest rate 4.55 % 2.72 Dividend yield — — Conversion / exercise price $ 2.1832 $ 2.1832
Schedule of Balance Sheet Derivative Instruments	The following is information relative to the Company’s derivative instruments in the unaudited condensed consolidated balance sheets as of December 31, 2022 and June 30, 2022: Schedule of Balance Sheet Derivative Instruments Derivatives Not Designated as Hedging Instruments Balance Sheet Location December 31, 2022 June 30, 2022 Derivative liability on Senior Convertible Note (Note 2 and 11) Derivative liability $ 799,954 $ 9,399,620
Schedule of Statement of Operation Derivative Instruments	The effect of the derivative instruments on the unaudited condensed consolidated statements of operations is as follows: Schedule of Statement of Operation Derivative Instruments Derivatives Not Location of Gain or (Loss) Amount of Gain (Loss) Recognized in Income on Derivatives Designated as Hedging Recognized in Income on Three months ended December 31, Six months ended December 31, Instruments Derivatives 2022 2021 2022 2021 Derivative liability on Senior Convertible Note (Note 2 and 11) Change in fair value of derivative liability on Senior Convertible Note $ 8,324,802 $ (1,482,621 ) $ 8,599,666 $ (1,482,621 )

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Schedule of Segment Information	A measure of segment assets and liabilities has not been currently provided to the Company’s CODM and therefore is not shown below. The following tables present the Company’s segment information: Schedule of Segment Information 2022 2021 2022 2021 For the three months ended December 31, For the six months ended December 31, 2022 2021 2022 2021 EEG iGaming segment $ 5,538,486 $ 12,439,696 $ 14,133,832 $ 27,102,284 EEG Games segment $ 870,919 $ 2,091,351 $ 1,880,837 $ 3,837,054 Total $ 6,409,405 $ 14,531,047 $ 16,014,669 $ 30,939,338 Adjusted EBITDA EEG iGaming segment $ (1,150,938 ) $ (2,909,585 ) $ (1,612,133 ) $ (3,853,812 ) EEG Games segment $ (561,742 ) $ (845,807 ) $ (1,108,538 ) $ (1,722,315 ) Other (1) $ (1,744,816 ) $ (3,009,435 ) $ (3,959,264 ) $ (5,505,577 ) Total Adjusted EBITDA $ (3,457,496 ) $ (6,764,827 ) $ (6,679,935 ) $ (11,081,704 ) Adjusted for: Interest expense $ (971,374 ) $ (2,412,716 ) $ (2,029,782 ) $ (4,757,912 ) Loss on conversion of senior convertible note $ - $ (5,999,662 ) $ - $ (5,999,662 ) Loss on extinguishment of senior convertible note $ - $ (28,478,804 ) $ (28,478,804 ) Change in fair value of derivative liability $ 8,324,802 $ (1,482,621 ) $ 8,599,666 $ (1,482,621 ) Change in fair value of warrant liability $ 2,571,732 $ 8,651,922 $ 5,022,288 $ 20,460,522 Change in fair value of contingent consideration $ (3,044,019 ) $ 1,851,446 $ (2,864,551 ) $ 1,851,446 Other non-operating income (loss), net $ 486,386 $ 58,770 $ 532,836 $ (1,352,415 ) Depreciation and amortization $ (1,887,729 ) $ (3,199,225 ) $ (3,750,447 ) $ (6,429,961 ) Right of use asset amortization $ (19,984 ) $ (140,889 ) $ (38,427 ) $ (252,505 ) Asset impairment charges $ (16,135,000 ) $ - $ (16,135,000 ) $ - Stock-based Compensation $ - $ (1,729,401 ) $ (921,991 ) $ (2,611,773 ) Cost of acquisition $ - $ (192,483 ) (35,930 ) $ (255,482 ) Income tax benefit (expense) $ - $ 5,503,861 $ - $ 5,503,861 Net loss $ (14,132,682 ) $ (34,334,629 ) $ (18,301,273 ) $ (34,887,010 ) (1) Other comprises of corporate and overhead costs. (2) The Company has no intersegment revenues or costs and thus no eliminations required. (3) The Company defines Adjusted EBITDA as earnings (loss) before, as applicable to the particular period, interest expense; income taxes; depreciation and amortization, including right of use asset amortization; stock-based compensation; cost of acquisition; asset impairment charges; loss on extinguishment of senior convertible note; loss on conversion of senior convertible note; change in fair value of derivative liability; change in fair value of warrant liability; change in fair value of contingent consideration; and other non-operating income (loss), net, and certain other non-recurring, non-cash or non-core items (included in table above).

Schedule of Estimated Useful Li

Schedule of Estimated Useful Life of Asset (Details)	6 Months Ended
	Dec. 31, 2022
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	5 years
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	7 years
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives, description	Shorter of the remaining lease term or estimated life of the improvement

Schedule of Weighted Average Di

Schedule of Weighted Average Diluted Common Shares Outstanding (Details) - shares		6 Months Ended
		Dec. 31, 2022	Dec. 31, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total		72,558,883	10,195,021
Equity Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total		763,501	1,530,151
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	[1]	56,200,558	5,350,588
Common Stock Senior Convertible Note [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total		14,758,874	2,478,332
10% Series A Cumulative Redeemable Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total		835,950	835,950
[1]Excludes the 11,284,000

Schedule of Weighted Average _2

Schedule of Weighted Average Diluted Common Shares Outstanding (Details) (Parenthetical)	Dec. 31, 2022 shares
Prefunded Warrants [Member]
Class of Warrant or Right [Line Items]
Warrant outstanding	11,284,000

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details Narrative) - USD ($)														2 Months Ended	3 Months Ended				6 Months Ended			12 Months Ended
	Feb. 20, 2023	Jan. 26, 2023	Jan. 13, 2023	Dec. 21, 2022	Nov. 30, 2022	Nov. 17, 2022	Sep. 19, 2022	Sep. 19, 2022	Jun. 07, 2022	Mar. 02, 2022	Feb. 22, 2022	Oct. 13, 2021	Jun. 02, 2021	Feb. 17, 2023	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2021	Sep. 30, 2021	Dec. 31, 2022	Dec. 30, 2022	Dec. 31, 2021	Jun. 30, 2022	Mar. 07, 2023	Feb. 16, 2023	Apr. 01, 2022	Mar. 30, 2022	Jun. 30, 2021
Property, Plant and Equipment [Line Items]
Long-Term Debt, Gross															$ 32,297,185				$ 32,297,185			$ 35,139,538
Repayments of Senior Debt																			$ 2,778,427
Common Stock, Shares, Issued															84,553,944				84,553,944			40,922,944
Debt Instrument, Maturity Date																			Jun. 02, 2023
Derivative Liability, Current															$ 799,954	$ 9,124,756			$ 799,954			$ 9,399,620
Derivative cash liability																			$ 933,000,000
Debt instrument description																			In connection with the Company’s plan to maintain compliance with the Nasdaq Listing Rules, which includes actions to be taken to meet the minimum market value of listed securities or minimum stockholders’ equity, the Company may issue a perpetual convertible preferred stock by March 31, 2023, to cover the remaining principal balance due under the Senior Convertible Note at the time of entering the issuance.
Reverse stock split																			the reverse split at a ratio of one-for-one-hundred (1 for 100)
Accumulated deficit															167,441,699				$ 167,441,699			149,140,426
Current assets															7,871,822				7,871,822			9,971,985
Current liabilities															54,870,414	54,870,414			54,870,414			65,822,224
Net cash used in operating activities																			8,540,978		$ 7,599,212
Net loss															14,132,682	4,168,591	$ 34,334,629	$ 552,381	18,301,273		34,887,010
Cash equivalents															682,378		1,040,051		682,378		1,040,051	2,517,146					$ 19,917,196
Net current liabilities															$ 46,998,592				$ 46,998,592
Exercise price of warrants															$ 0.25				$ 0.25
Proceeds from issuance of warrant																			$ 6,566
Senior convertible note															$ 2,265,927				$ 2,265,927
Percentage of gross proceeds																			50%
Proceeds from convertible debt																			$ 2,000,000
Percentage of offering fees																			7%
Stock issued during period value																	$ 1,539,219
Share price																	$ 7.28				$ 7.28
Goodwill impairment charges															16,135,000				$ 16,135,000
Computer Software, Intangible Asset [Member]
Property, Plant and Equipment [Line Items]
Intangible assets estimated life																			5 years
Trade Names [Member]
Property, Plant and Equipment [Line Items]
Intangible assets estimated life																			10 years
Gaming Licenses [Member]
Property, Plant and Equipment [Line Items]
Intangible assets estimated life																			2 years
EEG iGaming [Member]
Property, Plant and Equipment [Line Items]
Goodwill impairment charges															14,500,000				$ 14,500,000
EEG Games [Member]
Property, Plant and Equipment [Line Items]
Goodwill impairment charges															1,635,000
E E G Gaming [Member]
Property, Plant and Equipment [Line Items]
Goodwill impairment charges																			1,635,000
Minimum [Member]
Property, Plant and Equipment [Line Items]
Market capital requirement amount									$ 35,000,000
Stockholders equity requirement amount					$ 2,500,000	$ 35,000,000
Maximum [Member]
Property, Plant and Equipment [Line Items]
FDIC insured amount															250,000				$ 250,000			$ 250,000
Septembe 2022 Over Allotment Warrants [Member]
Property, Plant and Equipment [Line Items]
Exercise price of warrants							$ 0.25	$ 0.25
Purchase price							$ 0.25	$ 0.25
Warrant [Member]
Property, Plant and Equipment [Line Items]
Number of purchase warrant, shares																			30,000,000
Common Stock [Member]
Property, Plant and Equipment [Line Items]
Net loss
Number of shares issued							30,000,000	30,000,000
Number of units issued																	375,813
Stock issued during period value																	$ 376
Registered Direct Offering [Member]
Property, Plant and Equipment [Line Items]
Number of shares issued				7,065,000
Number of warrants issued				17,850,000
Exercise price of warrants				$ 0.0937
Registered Direct Offering [Member] | Warrant [Member]
Property, Plant and Equipment [Line Items]
Purchase price				$ 0.001
Over-Allotment Option [Member]
Property, Plant and Equipment [Line Items]
Number of warrants issued																									2,250,000
Exercise price of warrants															$ 1				$ 1						$ 1
Purchase price															$ 0.01				$ 0.01
Commissions and offering expenses																			$ 2,316,686
Proceeds from issuance of warrant																			36,000
Over-Allotment Option [Member] | Underwriter [Member]
Property, Plant and Equipment [Line Items]
Proceeds from issuance of warrant																			$ 3,600,000
September 2022 Offering [Member]
Property, Plant and Equipment [Line Items]
Number of shares issued							30,000,000													30,000,000
Number of warrants issued							30,000,000	30,000,000							33,600,000				33,600,000
Exercise price of warrants							$ 1	$ 1							$ 0.25				$ 0.25
Proceeds from issuance of warrant								$ 36,000											$ 5,286,288
Senior convertible note															$ 4,075,991				$ 4,075,991
Percentage of gross proceeds																			50%
Percentage of offering fees																			7%
Securities purchased under agreements to resell															$ 512,500				$ 512,500
Number of units issued																			2,050,000
Stock price per share							0.25	$ 0.25							$ 0.25				$ 0.25
Proceeds from equity offering																			$ 2,000,000
September 2022 Offering [Member] | Warrant [Member]
Property, Plant and Equipment [Line Items]
Number of units issued																			2,050,000
Share price							$ 0.01	$ 0.01
March 2022 Offering [Member]
Property, Plant and Equipment [Line Items]
Number of shares issued										15,000,000
Number of warrants issued										15,000,000					17,250,000				17,250,000
Exercise price of warrants										$ 1
Stock price per share										$ 1
Proceeds from equity offering										$ 13,605,000
Subsequent Event [Member]
Property, Plant and Equipment [Line Items]
Proceeds from equity offering														$ 951,153
Share price																							$ 1
Subsequent Event [Member] | Common Stock [Member]
Property, Plant and Equipment [Line Items]
Reverse stock split		the stockholders approved a reverse stock split of the Common Stock at a ratio of not less than one-for-twenty (1-for-20)
Subsequent Event [Member] | IPO [Member]
Property, Plant and Equipment [Line Items]
Stock issued during period value			$ 10,000,000
Senior Convertible Note [Member]
Property, Plant and Equipment [Line Items]
Derivative Liability, Current															$ 799,954				$ 799,954
Derivative cash liability																			$ 933,000,000
Reverse stock split																			the reverse split at a ratio of one-for-one-hundred (1 for 100
Common stock shares outstanding percentage															19.99%				19.99%
Accrued interest															$ 1,073,343				$ 1,073,343
Proceeds from convertible debt													$ 32,515,000
Number of units issued																			14,758,874			16,031,513
Senior Convertible Note [Member] | Common Stock [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Number of units issued												200,000
Senior Convertible Note [Member] | Over-Allotment Option [Member]
Property, Plant and Equipment [Line Items]
Commissions and offering expenses																			$ 1,073,343
Senior Convertible Note [Member] | Over-Allotment Option [Member] | Septembe 2022 Over Allotment Warrants [Member]
Property, Plant and Equipment [Line Items]
Commissions and offering expenses																			7,500,000
Senior Convertible Note [Member] | Subsequent Event [Member]
Property, Plant and Equipment [Line Items]
Conversion of Stock, Amount Issued														$ 18,861,575
Common Stock, Shares, Issued														217,159,442
Increasing in debt																								$ 460,000
Exchange Agreement [Member] | Senior Convertible Note [Member]
Property, Plant and Equipment [Line Items]
Debt Instrument, Periodic Payment											$ 35,000,000
Long-Term Debt, Gross											$ 29,150,001				$ 32,221,573				$ 32,221,573							$ 29,150,001
Increasing in debt																	$ 5,849,999				$ 5,849,999
Exchange Agreement [Member] | Senior Convertible Note [Member] | Subsequent Event [Member]
Property, Plant and Equipment [Line Items]
Conversion of Stock, Amount Issued	$ 18,861,575
Common Stock, Shares, Issued	217,159,442
Waiver Agreement [Member] | Senior Convertible Note Holder [Member] | Subsequent Event [Member]
Property, Plant and Equipment [Line Items]
Reduction in conversion of debt														$ 18,861,573
Increasing in debt														2,950,000
Increasing in debt														450,000
Converted accrued liabilities														2,500,000
Senior convertible note														$ 16,310,000

Schedule of Other Receivables (

Schedule of Other Receivables (Details) - USD ($)	Dec. 31, 2022	Jun. 30, 2022
Receivables [Abstract]
Indirect taxes	$ 20,416	$ 306,040
Other	1,272,360	66,243
Other receivables	$ 1,292,776	$ 372,283

Schedule of Prepaid Expenses an

Schedule of Prepaid Expenses and Other Current Assets (Details) - USD ($)	Dec. 31, 2022	Jun. 30, 2022
Prepaid Expenses And Other Current Assets
Prepaid marketing costs	$ 34,902	$ 298,300
Prepaid insurance	245,062	230,404
Prepaid gaming costs	283,221	575,113
Prepaid interest	421,566
Accrued income		110,613
Other	374,057	328,623
Prepaid expenses and other current assets	$ 1,358,808	$ 1,543,053

Schedule of Equipment (Details)

Schedule of Equipment (Details) - USD ($)	Dec. 31, 2022	Jun. 30, 2022
Property, Plant and Equipment [Line Items]
Equipment, at cost	$ 75,296	$ 70,437
Accumulated depreciation and finance lease amortization	(39,330)	(26,512)
Equipment, net	35,966	43,925
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Equipment, at cost	39,972	35,911
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Equipment, at cost	$ 35,324	$ 34,526

Equipment (Details Narrative)

Equipment (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Depreciation	$ 13,899		$ 36,312
Finance Lease, Right-of-Use Asset, Amortization		$ 12,872		$ 59,608

Schedule of Goodwill (Details)

Schedule of Goodwill (Details)	6 Months Ended
	Dec. 31, 2022 USD ($)
Indefinite-Lived Intangible Assets [Line Items]
Goodwill, balance as of June 30, 2022	$ 22,275,313
Impairment charges	(16,135,000)
Foreign currency translation	443,801
Goodwill, balance as of December 31, 2022	6,584,114
EEG iGaming [Member]
Indefinite-Lived Intangible Assets [Line Items]
Goodwill, balance as of June 30, 2022	19,660,481
Impairment charges	(14,500,000)
Foreign currency translation	443,801
Goodwill, balance as of December 31, 2022	5,604,282
EEG Games [Member]
Indefinite-Lived Intangible Assets [Line Items]
Goodwill, balance as of June 30, 2022	2,614,832
Impairment charges	(1,635,000)
Foreign currency translation
Goodwill, balance as of December 31, 2022	$ 979,832

Schedule of Intangible Assets (

Schedule of Intangible Assets (Details) - USD ($)	Dec. 31, 2022	Jun. 30, 2022
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 39,163,977	$ 38,407,560
Accumulated Amortization	(12,115,745)	(8,060,653)
Net Carrying Amount	27,048,230	30,346,489
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	5,949,595	5,835,512
Accumulated Amortization	(893,348)	(578,960)
Net Carrying Amount	5,056,247	5,256,552
Developed Technology and Software [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	10,244,592	10,109,366
Accumulated Amortization	(3,061,301)	(1,935,018)
Net Carrying Amount	7,183,291	8,174,348
Gaming Licenses [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	1,348,025	1,317,567
Accumulated Amortization	(1,129,676)	(774,760)
Net Carrying Amount	218,349	542,807
Player Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	21,395,918	20,920,029
Accumulated Amortization	(7,013,592)	(4,757,813)
Net Carrying Amount	14,382,326	16,162,216
Internal-use Software [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	225,847	225,086
Accumulated Amortization	(17,830)	(14,520)
Net Carrying Amount	$ 208,017	$ 210,566

Schedule of Future Amortization

Schedule of Future Amortization of Intangible Assets (Details) - USD ($)	Dec. 31, 2022	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Remainder of Fiscal 2023	$ 3,799,449
Fiscal 2024	7,123,766
Fiscal 2025	7,123,766
Fiscal 2026	5,982,199
Fiscal 2027	676,955
Thereafter	2,342,095
Total	$ 27,048,230	$ 30,346,489

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Indefinite-Lived Intangible Assets [Line Items]
Asset impairment charges	$ 0	$ 0	$ 0	$ 0
Amortization of intangible assets	1,912,257	3,186,353	3,752,562	6,291,691
EEG iGaming [Member]
Indefinite-Lived Intangible Assets [Line Items]
Goodwill, Impairment Loss, Net of Tax			14,500,000
Amortization of intangible assets	1,663,671	2,197,691	3,255,411	4,471,691
GGC Reporting Unit [Member]
Indefinite-Lived Intangible Assets [Line Items]
Goodwill, Impairment Loss, Net of Tax			1,635,000
E E G Gaming [Member]
Indefinite-Lived Intangible Assets [Line Items]
Goodwill, Impairment Loss, Net of Tax	16,135,000
EEG Games [Member]
Indefinite-Lived Intangible Assets [Line Items]
Amortization of intangible assets	$ 248,586	$ 910,000	$ 497,151	$ 1,820,000

Components of Other Non-Current

Components of Other Non-Current Assets (Details) - USD ($)	Dec. 31, 2022	Jun. 30, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
iGaming regulatory deposits	$ 1,517,582	$ 1,715,053
iGaming deposit with service providers		261,825
Rent deposit		80,520
Other	4,746	4,778
Other non-current assets	$ 1,522,328	$ 2,062,176

Components of Accounts Payable

Components of Accounts Payable and Accrued Expenses (Details) - USD ($)	Dec. 31, 2022	Jun. 30, 2022
Payables and Accruals [Abstract]
Trade accounts payable	$ 6,689,344	$ 5,069,616
Accrued marketing	2,304,264	2,388,987
Accrued payroll and benefits	937,528	833,322
Accrued gaming liabilities	540,621	446,626
Accrued professional fees	78,855	555,967
Accrued jackpot liabilities	317,894	297,970
Accrued interest	1,018,327
Accrued other liabilities	2,512,535	2,751,564
Total	$ 14,399,368	$ 12,344,052

Related Party Transactions (Det

Related Party Transactions (Details Narrative)	3 Months Ended		6 Months Ended			9 Months Ended		31 Months Ended
	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2022 GBP (£)	Dec. 31, 2021 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2022 NZD ($)	Dec. 31, 2022 USD ($)
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Related party charges	$ 1,339	$ 9,173	$ 4,274		$ 20,282
Equipment [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Payment for services		8,585			12,111
Cryptocurrency Mining [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Payment for services		7,235			16,854
Contact Advisory Services Ltd. [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Amounts payable to related parties	6,438	0	6,438		0	$ 6,438		$ 6,438
Tilt, LLC [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Proceeds from net sales		45,808			199,621
Tilt, LLC [Member] | Equipment [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Lease payment		11,200			22,400
Employment Agreement [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Monthly employee payroll						500
Consultant Agreements [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Monthly employee payroll			20,028	£ 18,000
Chief Executive Officer [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Charges incurred	0	1,200	1,200		2,400
Amounts payable to related parties	0	0	0		0	0		0
Former Chief Financial Officer [Member] | Consultancy Agreement [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Monthly employee payroll						20,854	$ 36,995
Former Chief Operating Officer [Member] | Consultancy Agreement [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Monthly employee payroll						20,854	$ 36,995
Chief Financial Officer [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Amounts payable to related parties	0	0	0		0	0		0
Chief Financial Officer [Member] | Employment Agreement [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Monthly employee payroll								500
Legal fees			60,000
Chief Operating Officer [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Amounts payable to related parties	$ 0	$ 0	$ 0		$ 0	$ 0		$ 0

Schedule of Assets and Liabilit

Schedule of Assets and Liabilities Related to Operating Lease (Details) - USD ($)	Dec. 31, 2022	Jun. 30, 2022
Leases
Operating lease assets	$ 126,064	$ 164,288
Total lease assets	126,064	164,288
Current:
Operating lease liabilities	422,344	364,269
Long-term:
Operating lease liabilities	549,482	669,286
Total lease liabilities	$ 971,826	$ 1,033,555

Schedule of Weighted Average Re

Schedule of Weighted Average Remaining Lease Terms and Discount Rates (Details)	Dec. 31, 2022	Jun. 30, 2022
Leases
Operating leases: Weighted average remaining useful life (years)	3 years 5 months 4 days	3 years 10 months 13 days
Operating leases: Weighted average discount rate	8%	8%

Schedule of Future Minimum Leas

Schedule of Future Minimum Lease Payments (Details) - USD ($)	Dec. 31, 2022	Jun. 30, 2022
Leases
Remainder of fiscal 2023	$ 318,834
Fiscal 2024	315,170
Fiscal 2025	222,789
Fiscal 2026	229,473
Total lease payments	1,086,266
Less: imputed interest	(114,440)
Present value of lease liabilities	$ 971,826	$ 1,033,555

Leases (Details Narrative)

Leases (Details Narrative)	1 Months Ended		3 Months Ended				6 Months Ended
	Oct. 31, 2021 USD ($)	Jul. 31, 2021	Dec. 31, 2022 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2022 EUR (€)	Dec. 31, 2021 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Jun. 30, 2022
Operating lease expense			$ 36,154			$ 181,313	$ 73,408	$ 296,216
Operating Lease, Weighted Average Discount Rate, Percent			8%				8%		8%
Finance lease expense						$ 8,430		$ 23,182
MALTA
Lessee, Operating Lease, Description		the Company commenced a lease for office space of approximately 284 square meters in Saint Julians, Malta over a 3-year lease term.
Operating lease expense				$ 89,032	€ 83,000
Operating Lease, Weighted Average Discount Rate, Percent		4%
University of California [Member]
Lessee, Operating Lease, Description	the Company commenced a lease for building space of approximately 3,200 square feet at the University of California in Los Angeles over a 5-year lease term (the “UCLA Lease”)
Operating lease expense	$ 17,500
Operating Lease, Weighted Average Discount Rate, Percent	3%

Schedule of Notes Payable and O

Schedule of Notes Payable and Other Long-term Debt (Details) - USD ($)	6 Months Ended
	Dec. 31, 2022	Jun. 30, 2022
Short-Term Debt [Line Items]
Maturity	Jun. 02, 2023
Less current portion of notes payable and long-term debt	$ (75,612)	$ (139,538)
Notes Payable & Other Long-term [Member]
Short-Term Debt [Line Items]
Notes payable	$ 75,612	139,538
Maturity	Apr. 30, 2023
Interest rate	3.49%
Total	$ 75,612	139,538
Less current portion of notes payable and long-term debt	(75,612)	(139,538)
Notes payable and other long-term debt

Schedule of Maturities of Long-

Schedule of Maturities of Long-term Debt (Details) - Long-Term Debt [Member]	Dec. 31, 2022 USD ($)
Extinguishment of Debt [Line Items]
Fiscal 2023	$ 75,612
Long term debt	$ 75,612

Schedule of Components of Long-

Schedule of Components of Long-term Debt (Details) - USD ($)	Dec. 31, 2022	Jun. 30, 2022
Debt Disclosure [Abstract]
Current portion of long-term debt, including the senior convertible note	$ 32,297,185	$ 35,139,538
Carrying amount	$ 32,297,185	$ 35,139,538

Long-Term Debt (Details Narrati

Long-Term Debt (Details Narrative)													2 Months Ended	3 Months Ended			4 Months Ended	6 Months Ended			12 Months Ended	14 Months Ended
	Jan. 27, 2023 d	Jan. 26, 2023	Dec. 19, 2022 USD ($)	Sep. 19, 2022 USD ($) $ / shares shares	Sep. 19, 2022 USD ($) $ / shares shares	Mar. 02, 2022 USD ($) $ / shares shares	Jan. 31, 2022 shares	Jan. 24, 2022 shares	Jan. 11, 2022 shares	Oct. 13, 2021 USD ($) shares	Jun. 02, 2021 USD ($) $ / shares shares	Apr. 30, 2020	Feb. 17, 2023 USD ($)	Dec. 31, 2022 USD ($) $ / shares shares	Sep. 30, 2022 USD ($) shares	Dec. 31, 2021 USD ($) $ / shares shares	Dec. 31, 2021 USD ($) $ / shares	Dec. 31, 2022 USD ($) $ / shares shares	Dec. 30, 2022 shares	Dec. 31, 2021 USD ($) $ / shares shares	Jun. 30, 2022 USD ($) shares	Feb. 14, 2023 USD ($)	Feb. 16, 2023 USD ($)	Dec. 31, 2022 GBP (£) shares	Apr. 01, 2022 $ / shares shares	Mar. 30, 2022 USD ($)	Feb. 22, 2022 USD ($)	Jul. 31, 2020 USD ($)	Jul. 31, 2020 GBP (£)
Debt Instrument [Line Items]
Accrued interest														$ 971,374		$ 2,412,716		$ 2,029,782		$ 4,757,912
Debt carrying amount														32,297,185				32,297,185			$ 35,139,538
Amount remitted																		$ 2,778,427
Debt instrument description1																		In connection with the Company’s plan to maintain compliance with the Nasdaq Listing Rules, which includes actions to be taken to meet the minimum market value of listed securities or minimum stockholders’ equity, the Company may issue a perpetual convertible preferred stock by March 31, 2023, to cover the remaining principal balance due under the Senior Convertible Note at the time of entering the issuance.
Stockholders equity reverse stock split																		the reverse split at a ratio of one-for-one-hundred (1 for 100)
Debt instrument, redemption description																		The Company is currently in default and the Holder has not yet elected to alternatively convert.
Derivative liabilities														799,954	$ 9,124,756			$ 799,954			$ 9,399,620
Derivative cash liability																		933,000,000
Proceeds from Convertible Debt																		2,000,000
Loss on conversion of senior convertible note																5,999,662				5,999,662
Loss on conversion of note																(5,999,662)				(5,999,662)
Loss on extinguishment of debt																(28,478,804)				(28,478,804)
Exercise price | $ / shares														$ 0.25				$ 0.25
Warrants overallotment | shares														17,850,000	33,600,000						17,250,000
Change in fair market value of warrant liability														$ (2,571,732)		$ (8,651,922)		$ (5,022,288)		(20,460,522)
Holder [Member]
Debt Instrument [Line Items]
Derivative liabilities														799,954				799,954			$ 9,399,620
Series A Warrants [Member]
Debt Instrument [Line Items]
Warrants and rights outstanding														16,486				16,486			117,340
Number of warrants issued | shares											2,000,000
Exercise price | $ / shares											$ 17.50
Series B Warrants [Member]
Debt Instrument [Line Items]
Warrants and rights outstanding														291				291			5,390
Number of warrants issued | shares											2,000,000
Exercise price | $ / shares											$ 17.50
Common Stock [Member]
Debt Instrument [Line Items]
Issuance of shares | shares																375,813
Series A and B Warrants [Member]
Debt Instrument [Line Items]
Warrants and rights outstanding														16,777				16,777			122,730
Class of warrant description											The Series A Warrants and Series B Warrants are callable by the Company should the volume weighted average share price of the Company exceed $32.50 for each of 30 consecutive trading days following the date such warrants become eligible for exercise. The Series A Warrants and Series B Warrants also contain a beneficial ownership limitation of 4.99% which may be increased up to 9.99%, provided that any such increase will not be effective until the 61st day after delivery of a notice to the Company of such increase
Change in fair market value of warrant liability														$ 105,953		$ 8,651,922		$ 105,953		$ 20,460,522
Subsequent Event [Member] | Common Stock [Member]
Debt Instrument [Line Items]
Stockholders equity reverse stock split		the stockholders approved a reverse stock split of the Common Stock at a ratio of not less than one-for-twenty (1-for-20)
September 2022 Offering [Member]
Debt Instrument [Line Items]
Issuance of shares | shares																		2,050,000
Number of shares sold | shares				30,000,000															30,000,000
Price per share | $ / shares				$ 0.25	$ 0.25									$ 0.25				$ 0.25
Number of warrants issued | shares				30,000,000	30,000,000									33,600,000				33,600,000						33,600,000
Exercise price | $ / shares				$ 1	$ 1									$ 0.25				$ 0.25
September 2022 Warrants [Member]
Debt Instrument [Line Items]
Warrants and rights outstanding				$ 5,286,288	$ 5,286,288									$ 2,267,453				$ 2,267,453
Number of shares sold | shares				30,000,000
Price per share | $ / shares				$ 0.25	$ 0.25
Number of warrants issued | shares				30,000,000	30,000,000
Exercise price | $ / shares				$ 0.25	$ 0.25
Class of warrant description				The September 2022 Warrants also contain a beneficial ownership limitation of 4.99% which may be increased up to 9.99%, provided that any such increase will not be effective until the 61st day after delivery of a notice to the Company of such increase.
Change in fair market value of warrant liability														$ 1,536,732				$ 3,018,834
Over-Allotment Option [Member]
Debt Instrument [Line Items]
Number of warrants issued | shares																									2,250,000
Exercise price | $ / shares														$ 1				$ 1							$ 1
Warrants overallotment | shares				3,600,000
March 2022 Warrants [Member]
Debt Instrument [Line Items]
Warrants and rights outstanding						$ 9,553,500								$ 172,500				$ 172,500			$ 2,070,000
Number of shares sold | shares						15,000,000
Price per share | $ / shares						$ 1
Number of warrants issued | shares						15,000,000																			2,250,000
Exercise price | $ / shares						$ 1																			$ 1
Class of warrant description						The March 2022 Warrants are callable by the Company should the volume weighted average share price of the Company exceed $3.00 for each of 20 consecutive trading days following the date such warrants become eligible for exercise. The March 2022 Warrants also contain a beneficial ownership limitation of 4.99% which may be increased up to 9.99%, provided that any such increase will not be effective until the 61st day after delivery of a notice to the Company of such increase
Change in fair market value of warrant liability														1,035,000				1,897,500
April 2022 Warrants [Member]
Debt Instrument [Line Items]
Warrants and rights outstanding						$ 607,500
Senior Convertible Note [Member]
Debt Instrument [Line Items]
Accrued interest														322,216				675,672
Principal amount											$ 35,000,000			$ 1,500,000				$ 1,500,000
Interest due			$ 1,073,343
Debt instrument interest rate														8%				8%						8%
Increase in interest rate																		12%
Accounts payable and accrued expenses														$ 1,025,672				$ 1,025,672
Stockholders equity reverse stock split																		the reverse split at a ratio of one-for-one-hundred (1 for 100
Common stock shares outstanding percentage														19.99%				19.99%						19.99%
Debt instrument conversion price | $ / shares											$ 17.50			$ 17.50		$ 4.84	$ 4.84	$ 17.50		$ 4.84
Debt instrument redemption outstanding description																		the outstanding principal of the Senior Convertible to be redeemed, and accrued and unpaid interest and unpaid late charges thereon, or an amount equal to market value of the shares of the Company’s Common Stock underlying the Senior Convertible Note, as determined in accordance with the Senior Convertible Note, if greater.
Debt Instrument, Convertible, Terms of Conversion Feature																		The Holder will not have the right to convert any portion of a Senior Convertible Note, to the extent that, after giving effect to such conversion, the Holder (together with certain related parties) would beneficially own in excess of 4.99% of the shares of the Company’s Common Stock outstanding immediately after giving effect to such conversion. The Holder may from time to time increase this limit to 9.99%, provided that any such increase will not be effective until the 61st day after delivery of a notice to the Company of such increase.
Debt instrument, redemption description																		The redemption price per share will equal the greatest of (i) 115% of the outstanding principal of the Senior Convertible Note to be redeemed, and accrued and unpaid interest and unpaid late charges thereon, (ii) 115% of the market value of the shares of the Company’s Common Stock underlying the Senior Convertible Note, as determined in accordance with the Senior Convertible Note, and (iii) 115% of the aggregate cash consideration that would have been payable in respect of the shares of the Company’s Common Stock underlying the Senior Convertible Note, as determined in accordance with the Senior Convertible Note.
Debt redemption price percentage																		106%
Conversion floor price | $ / shares														$ 2.1832				$ 2.1832
Issuance of shares | shares																		14,758,874			16,031,513
Derivative liabilities														$ 799,954				$ 799,954
Derivative cash liability																		$ 933,000,000
Proceeds from Convertible Debt											$ 32,515,000
Debt Issuance Costs, Net											2,485,000
Warrants and rights outstanding											$ 26,680,000
Debt interest description										In addition, the Company requested and received an amendment to the Old Senior Convertible Note wherein the permitted ratio of outstanding debt to market capitalization was increased temporarily from 25% to 35% through December 25, 2021.
Debt conversion price										$ 7,500,000										$ 8,243,454
Debt Conversion, Converted Instrument, Shares Issued | shares																				1,701,841
Senior Convertible Note [Member] | Series A Cumulative Redeemable Convertible Preferred Stock [Member]
Debt Instrument [Line Items]
Debt instrument interest rate														10%				10%						10%
Senior Convertible Note [Member] | Holder [Member]
Debt Instrument [Line Items]
Accrued interest																$ 16,986				$ 16,986
Debt conversion price																					$ 7,500,000
Debt Conversion, Converted Instrument, Shares Issued | shares																					2,514,459
Loss on conversion of senior convertible note																	$ 5,722,915			5,722,915
Debt discount																4,515,273	4,515,273			4,515,273
Amortization of the debt discount																288,300	$ 288,300			288,300
Incremental premium																				919,342
Change in fair value of conversion option																1,482,621				1,482,621
Loss on conversion of note																276,747				276,747
Accrued interest																6,949				6,949
Senior Convertible Note [Member] | Holder [Member] | Share-Based Payment Arrangement, Tranche One [Member]
Debt Instrument [Line Items]
Issuance of shares | shares									812,618
Senior Convertible Note [Member] | Holder [Member] | Share-Based Payment Arrangement, Tranche Two [Member]
Debt Instrument [Line Items]
Issuance of shares | shares								812,618
Senior Convertible Note [Member] | Holder [Member] | Share-Based Payment Arrangement, Tranche Three [Member]
Debt Instrument [Line Items]
Issuance of shares | shares							812,618
Senior Convertible Note [Member] | Series A Warrants [Member]
Debt Instrument [Line Items]
Issuance of shares | shares											2,000,000
Senior Convertible Note [Member] | Series B Warrants [Member]
Debt Instrument [Line Items]
Issuance of shares | shares											2,000,000
Senior Convertible Note [Member] | Common Stock [Member] | Maximum [Member]
Debt Instrument [Line Items]
Issuance of shares | shares										200,000
Senior Convertible Note [Member] | Subsequent Event [Member]
Debt Instrument [Line Items]
Principal amount																							$ 2,950,000
Debt, Weighted Average Interest Rate	90%
Debt Instrument, Convertible, Threshold Trading Days | d	5
Increasing in debt																							$ 460,000
Senior Convertible Note [Member] | Subsequent Event [Member] | Holder [Member]
Debt Instrument [Line Items]
Debt conversion price																						$ 1,734,000
Senior Convertible Note [Member] | September 2022 Offering [Member]
Debt Instrument [Line Items]
Principal amount														$ 32,221,573				$ 32,221,573
Amount remitted					$ 2,778,427
Exchange Agreement [Member] | Senior Convertible Note [Member]
Debt Instrument [Line Items]
Debt instrument interest rate effective percentage														100%				100%						100%
Exchange Agreement [Member] | Senior Convertible Note [Member]
Debt Instrument [Line Items]
Debt carrying amount														$ 32,221,573				$ 32,221,573								$ 29,150,001	$ 29,150,001
Principal amount																											$ 35,000,000
Increase in principal amount																5,849,999				5,849,999
Loss on extinguishment of debt																22,628,805				22,628,805
Waiver Agreement [Member] | Senior Convertible Note Holder [Member] | Subsequent Event [Member]
Debt Instrument [Line Items]
Reduction in conversion of debt													$ 18,861,573
Increase in principal amount													2,950,000
Increasing in debt													450,000
Converted accrued liabilities													2,500,000
Senior convertible note													$ 16,310,000
New Note Agreement [Member] | Maximum [Member]
Debt Instrument [Line Items]
Issuance of shares | shares																		14,758,874
Term Loan Facility [Member] | Argyll Entertainment [Member]
Debt Instrument [Line Items]
Notes payable to bank														75,612				$ 75,612						£ 62,500				$ 327,390	£ 250,000
Debt Instrument, Term												3 years
Credit facility interest rate												3.49%
Debt description																		The monthly principal and interest payments on the note payable commenced in June 2021 and continue through May 2023.
Accrued interest														$ 641		$ 2,214		$ 1,603		$ 4,797

Commitments and contingencies (

Commitments and contingencies (Details Narrative)							3 Months Ended		6 Months Ended		12 Months Ended
	Jan. 06, 2023 USD ($) shares	Jul. 13, 2021 USD ($)	Jul. 13, 2021 EUR (€)	Aug. 17, 2020 USD ($) shares	Aug. 06, 2020 USD ($)	Oct. 01, 2019 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($) shares	Dec. 31, 2022 USD ($) shares	Dec. 31, 2021 USD ($)	Jun. 30, 2022 USD ($)
Cash payments							$ 0	$ 1,729,401	$ 921,991	$ 2,611,773
Issuance of common stock										1,362,011
Sales and marketing expense							1,843,557	6,871,546	4,288,892	14,258,009
Number of units issued								1,539,219
Accounts payable and accrued expenses							14,399,368		14,399,368		$ 12,344,052
Change in fair value of gain loss on contingent consideration							(3,044,019)	1,851,446	(2,864,551)	1,851,446
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Asset							(3,044,019)	1,851,446	(2,864,551)	1,851,446
Refunded to customers							100,000		100,000
Argyll UK EEG iGaming [Member]
Payments to Acquire Businesses, Gross		$ 7,010,732	€ 6,535,753
Marketing cost | €			€ 13,120,000
Cost equivalents							14,073,483		14,073,483
Business Combination, Consideration Transferred									6,192,912		$ 3,328,361
Change in fair value of gain loss on contingent consideration							3,044,019		2,864,551
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Asset									1,851,446
One Year Anniversary [Member]
Sales and marketing expense							342,333	684,665	342,333	684,665
Number of units issued				$ 1,550,000					$ 1,250,000
Issuance of common stock under the ATM, net of issuance costs, shares | shares				50,000					10,000
Debt instrument term				10 years
Accounts payable and accrued expenses							684,665		$ 684,665
One Year Anniversary [Member] | July 1, 2021 Onwards [Member]
Number of units issued				$ 1,250,000
Issuance of common stock under the ATM, net of issuance costs, shares | shares				10,000
Common Stock [Member]
Number of units issued								$ 376
Issuance of common stock under the ATM, net of issuance costs, shares | shares								375,813
Sponsorship Agreement [Member]
Cash payments						$ 516,000
Sponsorship Agreement [Member] | Common Stock [Member]
Cash payments						$ 230,000
Amended and Restated Sponsorship Agreement [Member]
Cash payments					$ 2,545,000
Issuance of common stock					$ 825,000
Sales and marketing expense								$ 102,851		424,893
Partnership Agreement [Member]
Capital commitments, shares | shares									100,000
Total capital commitments									$ 100,000,000
Partnership Agreement [Member] | Additional Shares Capital [Member]
Capital commitments, shares | shares									100,000
Total capital commitments									$ 200,000,000
Partnership Agreement [Member] | Game Fund Partners LLC [Member]
Amount of investment							300,000,000		300,000,000
Partnership Agreement [Member] | Initial Invest EEG Shares [Member] | Game Fund Partners LLC [Member]
Amount of investment							2,000,000		$ 2,000,000
Investment percentage									20%
Multi-year Agreement [Member]
Sales and marketing expense							578,498	$ 1,602,068	$ 816,183	$ 2,824,102
Commitment year ended June 30, 2023							397,425		397,425
Commitment year ended June 30, 2024							400,300		400,300
Commitment year ended June 30, 2025							217,730		217,730
Commitment year ended June 30, 2026							$ 149,913		$ 149,913
Employment Agreement [Member] | Chairman and Chief Executive Officer [Member] | Subsequent Event [Member]
Loss contingency, damages sought, value	$ 1,000,000
Loss contingency, damages sought, shares | shares	200,000

Schedule of Disaggregated by Re

Schedule of Disaggregated by Revenue (Details) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Revenue	$ 6,409,405	$ 14,531,047	$ 16,014,669	$ 30,939,338
Online Betting and Casino Revenues [Member]
Disaggregation of Revenue [Line Items]
Revenue	5,538,486	12,439,696	14,133,832	27,102,284
Esports and Other Revenues [Member]
Disaggregation of Revenue [Line Items]
Revenue	$ 870,919	$ 2,091,351	$ 1,880,837	$ 3,837,054

Schedule of Revenues with Custo

Schedule of Revenues with Customers and Long-lived Assets Disaggregated by Geographical Area (Details) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Revenue	$ 6,409,405	$ 14,531,047	$ 16,014,669	$ 30,939,338
UNITED STATES
Disaggregation of Revenue [Line Items]
Revenue	581,501	1,688,578	1,394,381	3,208,843
Non-US [Member]
Disaggregation of Revenue [Line Items]
Revenue	$ 5,827,904	$ 12,842,469	$ 14,620,288	$ 27,730,495

Schedule of Long-Lived Assets b

Schedule of Long-Lived Assets by Geography (Details) - USD ($)	Dec. 31, 2022	Jun. 30, 2022
Disaggregation of Revenue [Line Items]
Long-lived assets	$ 35,316,702	$ 54,892,191
UNITED STATES
Disaggregation of Revenue [Line Items]
Long-lived assets	5,592,080	8,271,360
Non-US [Member]
Disaggregation of Revenue [Line Items]
Long-lived assets	$ 29,724,622	$ 46,620,831

10% Series A Cumulative Redee_2

10% Series A Cumulative Redeemable Convertible Preferred Stock (Details Narrative) - USD ($)			6 Months Ended	12 Months Ended
	Dec. 10, 2021	Nov. 16, 2021	Dec. 31, 2022	Jun. 30, 2022	Nov. 10, 2021
Class of Stock [Line Items]
Preferred stock, shares authorized			10,000,000	10,000,000
Preferred stock par value			$ 0.001	$ 0.001
Number of options exercised				14,000
Preferred stock, dividend rate, percentage			10%
Board of Directors Chairman [Member]
Class of Stock [Line Items]
Preferred stock, dividend rate, percentage			10%
10% Series A Cumulative Redeemable Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, shares authorized					1,725,000
Preferred stock par value					$ 0.001
Preferred stock liquidation preference					$ 11
Conversion description			Each share of 10% Series A Cumulative Redeemable Convertible Preferred Stock is convertible into one share of the Company’s Common Stock at a conversion price of $17.50 per common share. Subject to earlier conversion or redemption, the 10% Series A Cumulative Redeemable Convertible Preferred Stock matures five years from issuance, or November 15, 2026, at which point the Company must redeem the shares of 10% Series A Cumulative Redeemable Convertible Preferred Stock in cash.
Conversion price			$ 17.50
10% Series A Cumulative Redeemable Preferred Stock [Member] | 45-Days Option to Purchase [Member]
Class of Stock [Line Items]
Number of options exercised	35,950
Proceeds from option exercised	$ 334,335
10% Series A Cumulative Redeemable Preferred Stock [Member] | 45-Days Option to Purchase [Member] | Maximum [Member]
Class of Stock [Line Items]
Number of units issued		120,000
10% Series A Cumulative Redeemable Preferred Stock [Member] | Public Offering [Member]
Class of Stock [Line Items]
Number of units issued		800,000
Shares issued price per share		$ 10
Gross proceeds from issuance of preferred stock		$ 8,000,000
Net proceeds from issuance of preferred stock		$ 7,265,000

Series B Redeemable Preferred_2

Series B Redeemable Preferred Stock (Details Narrative) - USD ($)			6 Months Ended
	Dec. 21, 2022	Dec. 20, 2022	Dec. 31, 2022	Feb. 10, 2023	Jun. 30, 2022
Preferred stock, par value			$ 0.001		$ 0.001
Common stock shares outstanding			84,553,944		40,922,944
Preferred stock voting rights			The outstanding shares of Series B Preferred Stock shall have 25,000,000 votes per share.
Common stock par value			$ 0.001		$ 0.001
Preferred stock redemption price			$ 10
Subsequent Event [Member]
Preferred stock redemption price per share				$ 10
Preferred stock redemption value				$ 1,000
Series B Preferred Stock [Member]
Number of shares issued	100
Common stock shares outstanding	25,000,000
Series B Preferred Stock [Member] | Chief Financial Officer [Member]
Number of shares issued		100
Preferred stock, par value		$ 0.001
Shares issued price per share		$ 10

Schedule of Warrant Activity (D

Schedule of Warrant Activity (Details) - USD ($)	3 Months Ended		12 Months Ended
	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022
Equity [Abstract]
Number of Warrants, Outstanding, Beginning Balance	56,200,558	22,600,558	5,350,558
Weighted Average Exercise Price, Outstanding, Beginning Balance	$ 1.81	$ 4.12	$ 14.19
Weighted Average Remaining Life (Years), Outstanding, Beginning Balance	4 years 6 months 3 days	4 years 25 days	3 years 1 month 20 days
Intrinsic Value, Outstanding, Beginning Balance			$ 8,743,588
Number of Warrants, Issued	17,850,000	33,600,000	17,250,000
Weighted Average Exercise Price, Issued	$ 0.001	$ 0.25	$ 1
Number of Warrants, Exercised	(6,566,000)
Weighted Average Exercise Price, Exercised	$ 0.001
Weighted Average Exercise Price, Exercised
Weighted Average Exercise Price, Forfeited or cancelled
Number of Warrants, Exercised	6,566,000
Number of Warrants, Outstanding, Ending Balance	67,484,558	56,200,558	22,600,558
Weighted Average Exercise Price, Outstanding, Ending Balance	$ 1.51	$ 1.81	$ 4.12
Weighted Average Remaining Life (Years), Outstanding, Ending Balance	4 years 4 months 17 days
Intrinsic Value, Outstanding, Ending Balance

Schedule of Stock Option (Detai

Schedule of Stock Option (Details) - $ / shares	6 Months Ended	12 Months Ended
	Dec. 31, 2022	Jun. 30, 2022
Equity [Abstract]
Number of Options, Outstanding, Beginning Balance	1,110,526	474,676
Weighted Average Exercise Price, Outstanding, Beginning Balance	$ 6.29	$ 5.49
Number of Options, Granted		1,120,150
Weighted Average Exercise Price, Granted		$ 6.71
Number of Options, Exercised		(14,000)
Weighted Average Exercise Price, Exercised		$ 4.82
Number of Options, Cancelled	(347,025)	(470,300)
Weighted Average Exercise Price, Cancelled	$ 6.56	$ 6.54
Number of Options, Outstanding, Endning Balance	763,501	1,110,526
Weighted Average Exercise Price, Outstanding, Ending Balance	$ 6.25	$ 6.29

Equity (Details Narrative)

Equity (Details Narrative) - USD ($)												1 Months Ended	3 Months Ended			6 Months Ended			12 Months Ended
	Dec. 21, 2022	Dec. 20, 2022	Sep. 19, 2022	Sep. 19, 2022	Apr. 02, 2022	Mar. 02, 2022	Oct. 13, 2021	Sep. 03, 2021	Jun. 02, 2021	Sep. 10, 2020	Apr. 16, 2020	Feb. 02, 2023	Dec. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Dec. 31, 2022	Dec. 30, 2022	Dec. 31, 2021	Jun. 30, 2022	Mar. 07, 2023	Sep. 30, 2022	Apr. 01, 2022
Subsidiary, Sale of Stock [Line Items]
Common stock, shares authorized													500,000,000			500,000,000			500,000,000
Common stock, par value													$ 0.001			$ 0.001			$ 0.001
Warrant price													$ 0.25			$ 0.25
Net proceeds																$ 6,566
Percentage of gross proceeds																50%
Percentage of offering fees																7%
Number of shares issued for service, shares																		82,527
Share price														$ 7.28				$ 7.28
Number of shares issued for service, value															$ 574,299			$ 574,299
Number of shares issued for stovk options exercised, shares																			14,000
Weighted average exercise price																			$ 4.82
Number of shares issued for stock options exercised															$ 40,969
Proceeds from issuance of common stock																		1,362,011
Weighted average exercise price																			$ 6.71
Conversion of convertible debt														8,243,454
Weighted average remaining life																3 years 7 months 13 days
Exercisable shares													763,501			763,501
Weighted average exercise price													$ 6.25			$ 6.25
Stock-based compensation expense													$ 0	$ 1,729,401		$ 921,991		2,611,773
2020 Equity and Incentive Plan [Member]
Subsidiary, Sale of Stock [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized										1,500,000			1,967,936			1,967,936
Common Stock, Capital Shares Reserved for Future Issuance													1,204,435			1,204,435
2020 Equity and Incentive Plan [Member] | Each Year [Member]
Subsidiary, Sale of Stock [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award, Description										233,968
March 2022 Offering [Member]
Subsidiary, Sale of Stock [Line Items]
Number of shares issued						15,000,000
Stock price per share						$ 1
Warrant price					$ 0.01	$ 1
Warrants to purchase shares						15,000,000
April 2020 Offering [Member]
Subsidiary, Sale of Stock [Line Items]
Number of shares issued											1,980,000
Warrant price											$ 4.25
Warrants to purchase shares											3,960,000
Shares issued price per share											$ 4.25
Conversion of convertible debt											$ 4,138,585
Common Stock [Member]
Subsidiary, Sale of Stock [Line Items]
Number of shares issued for service, shares														4,000	78,527
Number of shares issued for service, value														$ 4	$ 79
Number of shares issued for stovk options exercised, shares															8,500
Number of shares issued for stock options exercised															$ 8
Issuance of common stock under the ATM, net of issuance costs, shares														375,813
Conversion of convertible debt														$ 1,702
Common Stock [Member] | April 2020 Offering [Member]
Subsidiary, Sale of Stock [Line Items]
Number of shares issued											1,217,241
Warrant [Member] | April 2020 Offering [Member]
Subsidiary, Sale of Stock [Line Items]
Number of shares issued											2,434,482
Series A Warrants [Member]
Subsidiary, Sale of Stock [Line Items]
Warrant price									$ 17.50
Warrants to purchase shares									2,000,000
Warrant outstanding									2,000,000
Warrant expire date									Jun. 02, 2025
Series B Warrants [Member]
Subsidiary, Sale of Stock [Line Items]
Warrant price									$ 17.50
Warrants to purchase shares									2,000,000
Warrant outstanding									2,000,000
Warrant expire date									Jun. 02, 2023
Series A and Series B Warrant [Member]
Subsidiary, Sale of Stock [Line Items]
Warrant price									$ 17.50
Unit A Warrant [Member]
Subsidiary, Sale of Stock [Line Items]
Warrant expire date											Apr. 14, 2025
Unit A Warrant [Member] | April 2020 Offering [Member]
Subsidiary, Sale of Stock [Line Items]
Warrants to purchase shares											209,400
Warrant outstanding																					1,136,763
Conversion of convertible debt																$ 40,582
Unit B Warrant [Member] | April 2020 Offering [Member]
Subsidiary, Sale of Stock [Line Items]
Warrants to purchase shares											209,400
Unit A and B warrant [Member] | April 2020 Offering [Member]
Subsidiary, Sale of Stock [Line Items]
Warrant price											$ 0.01
Senior Convertible Note [Member]
Subsidiary, Sale of Stock [Line Items]
Issuance of common stock under the ATM, net of issuance costs, shares																14,758,874			16,031,513
Debt conversion, amount							$ 7,500,000											$ 8,243,454
Debt conversion, shares																		1,701,841
Debt conversion, per share									$ 17.50				$ 17.50	$ 4.84		$ 17.50		$ 4.84
Senior Convertible Note [Member] | Common Stock [Member] | Maximum [Member]
Subsidiary, Sale of Stock [Line Items]
Issuance of common stock under the ATM, net of issuance costs, shares							200,000
Senior Convertible Note [Member] | Series A Warrants [Member]
Subsidiary, Sale of Stock [Line Items]
Issuance of common stock under the ATM, net of issuance costs, shares									2,000,000
Senior Convertible Note [Member] | Series B Warrants [Member]
Subsidiary, Sale of Stock [Line Items]
Issuance of common stock under the ATM, net of issuance costs, shares									2,000,000
Share-Based Payment Arrangement, Option [Member]
Subsidiary, Sale of Stock [Line Items]
Number of shares issued for stovk options exercised, shares																		14,000
Weighted average exercise price																		$ 4.82
Number of shares issued for stock options exercised																		$ 67,479
Subsequent Event [Member]
Subsidiary, Sale of Stock [Line Items]
Share price																				$ 1
Prefunded Warrants [Member]
Subsidiary, Sale of Stock [Line Items]
Net proceeds																$ 6,566
Redeemed warrants																6,566,000
Warrant outstanding													11,284,000			11,284,000
Warrant expire date													Dec. 21, 2027			Dec. 21, 2027
Prefunded Warrants [Member] | Subsequent Event [Member]
Subsidiary, Sale of Stock [Line Items]
Net proceeds												$ 11,284
Warrant outstanding												11,284,000
September 2022 Offering [Member]
Subsidiary, Sale of Stock [Line Items]
Number of shares issued			30,000,000														30,000,000
Stock price per share			$ 0.25	$ 0.25									$ 0.25			$ 0.25
Warrant price			$ 1	$ 1									$ 0.25			$ 0.25
Proceeds from Warrant Exercises																$ 7,536,000
Fair value of issuance of shares																1,568,130
Cash received from offering																6,854,418
Issuance costs																681,582
Net proceeds				$ 36,000												5,286,288
General working capital													$ 2,778,427
General working capital included equity																$ 2,265,928
Percentage of gross proceeds																50%
Proceeds from issuance or sale of equity																$ 2,000,000
Percentage of offering fees																7%
Underwriting discounts																$ 5,125
Warrants to purchase shares			30,000,000	30,000,000									33,600,000			33,600,000
Issuance of common stock under the ATM, net of issuance costs, shares																2,050,000
September 2022 Offering [Member] | Warrant [Member]
Subsidiary, Sale of Stock [Line Items]
Share price			$ 0.01	$ 0.01
Issuance of common stock under the ATM, net of issuance costs, shares																2,050,000
December 2022 Offering [Member]
Subsidiary, Sale of Stock [Line Items]
Number of shares issued	7,065,000
Warrant price	$ 0.0937
Fair value of issuance of shares	$ 2,316,686
Cash received from offering	2,316,686
Issuance costs	$ 170,001
Net proceeds																$ 6,566
Warrants to purchase shares	17,850,000
Warrant prepaid per share	$ 0.001
Net proceeds from issuance of warrants	$ 2,146,685
Remitted amount	$ 1,073,343
Redeemed warrants																6,566,000
At the Market Equity Offering Program [Member]
Subsidiary, Sale of Stock [Line Items]
Issuance of common stock under the ATM, net of issuance costs, shares																		375,813
Proceeds from issuance of common stock																		$ 1,586,824
Net proceeds from issuance of common stock																		$ 1,539,219
Weighted average exercise price																		$ 4.22
ATM Equity Offering Program [Member] | Common Stock [Member]
Subsidiary, Sale of Stock [Line Items]
Number of shares issued													0			0			1,165,813
Proceeds from issuance or sale of equity																			$ 4,005,267
ATM Equity Offering Program [Member] | Common Stock [Member] | Maximum [Member]
Subsidiary, Sale of Stock [Line Items]
Sale of Stock, Consideration Received on Transaction								$ 20,000,000
Registered Direct Offering [Member]
Subsidiary, Sale of Stock [Line Items]
Number of shares issued	7,065,000
Warrant price	$ 0.0937
Warrants to purchase shares	17,850,000
Sale of stock percentage of ownership	4.99%	9.99%
Registered Direct Offering [Member] | Warrant [Member]
Subsidiary, Sale of Stock [Line Items]
Shares issued price per share	$ 0.001
Over-Allotment Option [Member]
Subsidiary, Sale of Stock [Line Items]
Warrant price													$ 1			$ 1						$ 1
Net proceeds																$ 36,000
Warrants to purchase shares																						2,250,000
Shares issued price per share													$ 0.01			$ 0.01
Over-Allotment Option [Member] | March 2022 Offering [Member]
Subsidiary, Sale of Stock [Line Items]
Net proceeds					$ 20,925
Warrants to purchase shares					2,250,000
Over-Allotment Option [Member] | September 2022 Offering [Member]
Subsidiary, Sale of Stock [Line Items]
Warrant outstanding			3,600,000	3,600,000
Warrant expire date			Sep. 19, 2027	Sep. 19, 2027
Over-Allotment Option [Member] | March 2022 Offering [Member]
Subsidiary, Sale of Stock [Line Items]
Warrant expire date						Mar. 02, 2027

Schedule of Fair Value of Finan

Schedule of Fair Value of Financial Instruments (Details) - USD ($)	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration	$ 6,192,912	$ 3,148,893	$ 3,328,361
Derivative liabilities	799,954	$ 9,124,756	9,399,620
September 2022 Warrant [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liability	2,267,454		2,070,000
March 2022 Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liability	172,500		122,730
Series A and Series B Warrant [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liability	16,777
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration
Derivative liabilities
Fair Value, Inputs, Level 1 [Member] | September 2022 Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liability			2,070,000
Fair Value, Inputs, Level 1 [Member] | March 2022 Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liability	172,500
Fair Value, Inputs, Level 1 [Member] | Series A and Series B Warrant [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liability
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration
Derivative liabilities
Fair Value, Inputs, Level 2 [Member] | September 2022 Warrant [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liability
Fair Value, Inputs, Level 2 [Member] | March 2022 Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liability
Fair Value, Inputs, Level 2 [Member] | Series A and Series B Warrant [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liability
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration	6,192,912		3,328,361
Derivative liabilities	799,954		9,399,620
Fair Value, Inputs, Level 3 [Member] | September 2022 Warrant [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liability	2,267,454
Fair Value, Inputs, Level 3 [Member] | March 2022 Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liability
Fair Value, Inputs, Level 3 [Member] | Series A and Series B Warrant [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liability	$ 16,777		$ 122,730

Schedule of Changes in Level 3

Schedule of Changes in Level 3 Financial Instruments (Details) - USD ($)	3 Months Ended			6 Months Ended
	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Warrant liability, ending balance	$ 3,820,962	$ 122,730		$ 122,730
Contingent consideration, beginning balance	3,148,893	3,328,361		3,328,361
Derivative liability on senior convertible note, beginning balance	9,124,756	9,399,620		9,399,620
Fair value of warrants		5,286,288
Change in fair value of September Warrants	(1,536,732)	(1,482,103)
Change in fair value of Series A and Series B Warrants issued with Senior Convertible Note		(105,953)
Change in fair value of Bethard contingent consideration liability		(179,468)		2,864,551	$ (1,851,446)
Change in fair value of derivative liability on the senior convertible note	(8,324,802)	(274,864)	$ 1,482,621	(8,599,666)	1,482,621
Change in (loss) gain on Bethard contingent consideration liability	3,044,019		$ (1,851,446)	2,864,551	$ (1,851,446)
Warrant liability, ending balance	2,284,230	3,820,962		2,284,230
Contingent consideration, ending balance	6,192,912	3,148,893		6,192,912
Derivative liability on senior convertible note, ending balance	$ 799,954	$ 9,124,756		$ 799,954

Schedule of Warrants Outstandin

Schedule of Warrants Outstanding Fair Value Assumption (Details) - $ / shares	3 Months Ended	6 Months Ended	12 Months Ended
	Sep. 19, 2022	Dec. 31, 2022	Jun. 30, 2022
Monte Carlo [Member] | Senior Convertible Note [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Contractual term, in years		5 months 1 day	11 months 1 day
Expected volatility		162.78%	137.11%
Risk-free interest rate		4.55%	2.72%
Dividend yield
Conversion / exercise price		$ 2.1832	$ 2.1832
De-leveraged volatility		32.81%	62.88%
September 2022 Warrants [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Contractual term, in years	5 years	5 years
Expected volatility	167%	162%
Risk-free interest rate	3.69%	4.02%
Dividend yield
Conversion / exercise price	$ 0.25	$ 0.25
March 2022 Warrants [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Contractual term, in years		5 years	5 years
Active market		Nasdaq	Nasdaq
Market price		$ 0.01	$ 0.12
Series A and Series B Warrant [Member] | Monte Carlo [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Dividend yield
Conversion / exercise price		$ 17.50	$ 17.50
Series A and Series B Warrant [Member] | Monte Carlo [Member] | Minimum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Contractual term, in years		2 years	2 years
Expected volatility		135%	125%
Risk-free interest rate		3.96%	2.75%
Series A and Series B Warrant [Member] | Monte Carlo [Member] | Maximum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Contractual term, in years		4 years	4 years
Expected volatility		190%	133%
Risk-free interest rate		4.24%	2.98%

Schedule of Balance Sheet Deriv

Schedule of Balance Sheet Derivative Instruments (Details) - USD ($)	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Derivative liability	$ 799,954	$ 9,124,756	$ 9,399,620

Schedule of Statement of Operat

Schedule of Statement of Operation Derivative Instruments (Details) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Amount of Gain (Loss) Recognized in Income on Derivatives	$ 8,324,802	$ (1,482,621)	$ 8,599,666	$ (1,482,621)

Fair Value Measurements (Detail

Fair Value Measurements (Details Narrative) - USD ($)	6 Months Ended
	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration	$ 6,192,912	$ 3,148,893	$ 3,328,361
Derivative liabilities	799,954	$ 9,124,756	9,399,620
Derivative cash liability	933,000,000
September 2022 Warrant [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liability	2,267,454		2,070,000
March 2022 Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liability	172,500		122,730
Series A and Series B Warrant [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liability	16,777
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration
Derivative liabilities
Fair Value, Inputs, Level 1 [Member] | September 2022 Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liability			2,070,000
Fair Value, Inputs, Level 1 [Member] | March 2022 Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liability	172,500
Fair Value, Inputs, Level 1 [Member] | Series A and Series B Warrant [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liability
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration
Derivative liabilities
Fair Value, Inputs, Level 2 [Member] | September 2022 Warrant [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liability
Fair Value, Inputs, Level 2 [Member] | March 2022 Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liability
Fair Value, Inputs, Level 2 [Member] | Series A and Series B Warrant [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liability
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration	6,192,912		3,328,361
Derivative liabilities	799,954		9,399,620
Fair Value, Inputs, Level 3 [Member] | September 2022 Warrant [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liability	2,267,454
Fair Value, Inputs, Level 3 [Member] | March 2022 Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liability
Fair Value, Inputs, Level 3 [Member] | Series A and Series B Warrant [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liability	$ 16,777		$ 122,730

Schedule of Segment Information

Schedule of Segment Information (Details) - USD ($)		3 Months Ended				6 Months Ended
		Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2021	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021
Segment Reporting Information [Line Items]
Total		$ 6,409,405		$ 14,531,047		$ 16,014,669	$ 30,939,338
Total Adjusted EBITDA		(3,457,496)		(6,764,827)		(6,679,935)	(11,081,704)
Interest expense		(971,374)		(2,412,716)		(2,029,782)	(4,757,912)
Loss on conversion of senior convertible note				(5,999,662)			(5,999,662)
Loss on extinguishment of senior convertible note				(28,478,804)			(28,478,804)
Change in fair value of derivative liability		8,324,802		(1,482,621)		8,599,666	(1,482,621)
Change in fair value of warrant liability		2,571,732		8,651,922		5,022,288	20,460,522
Change in fair value of contingent consideration		(3,044,019)		1,851,446		(2,864,551)	1,851,446
Other non-operating income (loss), net		486,386		58,770		532,836	(1,352,415)
Depreciation and amortization		(1,887,729)		(3,199,225)		(3,750,447)	(6,429,961)
Right of use asset amortization		(19,984)		(140,889)		(38,427)	(252,505)
Asset impairment charges		(16,135,000)				(16,135,000)
Stock-based Compensation				(1,729,401)		(921,991)	(2,611,773)
Cost of acquisition				(192,483)		(35,930)	(255,482)
Income tax benefit (expense)				5,503,861			5,503,861
Net loss		(14,132,682)	$ (4,168,591)	(34,334,629)	$ (552,381)	(18,301,273)	(34,887,010)
EEG iGaming Segment [Member]
Segment Reporting Information [Line Items]
Total		5,538,486		12,439,696		14,133,832	27,102,284
Total Adjusted EBITDA		(1,150,938)		(2,909,585)		(1,612,133)	(3,853,812)
EEG Games Segment [Member]
Segment Reporting Information [Line Items]
Total		870,919		2,091,351		1,880,837	3,837,054
Total Adjusted EBITDA		(561,742)		(845,807)		(1,108,538)	(1,722,315)
Other [Member]
Segment Reporting Information [Line Items]
Total Adjusted EBITDA	[1]	$ (1,744,816)		$ (3,009,435)		$ (3,959,264)	$ (5,505,577)
[1]Other comprises of corporate and overhead costs.

Subsequent Events (Details Narr

Subsequent Events (Details Narrative)

2 Months Ended

3 Months Ended

6 Months Ended

12 Months Ended

Feb. 20, 2023 USD ($) shares

Feb. 17, 2023 USD ($) shares

Feb. 14, 2023 USD ($)

Feb. 14, 2023 EUR (€)

Jan. 27, 2023 d

Jan. 26, 2023

Jan. 18, 2023 USD ($)

Jan. 03, 2023 shares

Feb. 17, 2023 USD ($) shares

Dec. 31, 2021 USD ($)

Dec. 31, 2022 USD ($) shares

Dec. 31, 2021 USD ($)

Jun. 30, 2022 USD ($) shares

Feb. 16, 2023 USD ($)

Feb. 14, 2023 EUR (€)

Sep. 30, 2022 USD ($)

Feb. 22, 2022 USD ($)

Jun. 02, 2021 USD ($)

Subsequent Event [Line Items]

Number of shares, granted | shares

1,120,150

Stockholders' Equity, Reverse Stock Split

the reverse split at a ratio of one-for-one-hundred (1 for 100)

Common Stock, Shares, Issued | shares

84,553,944

40,922,944

Business Combination, Contingent Consideration, Liability

$ 6,192,912

$ 3,328,361

$ 3,148,893

Senior Convertible Note [Member]

Subsequent Event [Line Items]

Stockholders' Equity, Reverse Stock Split

the reverse split at a ratio of one-for-one-hundred (1 for 100

Debt instrument face amount

$ 1,500,000

$ 35,000,000

Senior Convertible Note [Member] | Exchange Agreement [Member]

Subsequent Event [Line Items]

Debt instrument face amount

$ 35,000,000

Increasing in debt

$ 5,849,999

$ 5,849,999

Subsequent Event [Member]

Subsequent Event [Line Items]

description of business

On February 16, 2023, the Company entered into the Amendment as a condition to the closing of the sale of the Bethard business. The Amendment requires the Company to deposit 50% of the proceeds from the sale of the Bethard business in a bank account in favor of the Holder. The Amendment also requires the Company to deposit 50% of the proceeds of any permitted future sale of assets or any subsequent debt or equity offer or sale (a “Securities Transaction”) and 100% of the proceeds of any additional indebtedness incurred in the future, into such bank account in favor of the Holder, or, at the option of the Holder, redeem amounts under the Senior Convertible Note using such proceeds

Subsequent Event [Member] | Share Purchase Agreement [Member]

Subsequent Event [Line Items]

Stock consideration received on transaction

$ 1,350,000

€ 1,260,000

Subsequent Event [Member] | Share Purchase Agreement [Member] | Bethardi Gaming [Member]

Subsequent Event [Line Items]

Stock consideration received on transaction | €

9,600,000

Payments to Acquire Businesses, Gross | €

1,650,000

Notes payable

7,000,000

6,500,000

Business Combination, Contingent Consideration, Liability

1,290,000

€ 1,200,000

[custom:SaleOfCashHoldBack]

160,000

€ 150,000

Subsequent Event [Member] | Share Purchase Agreement [Member] | Bethardi Gaming [Member] | Maximum [Member]

Subsequent Event [Line Items]

Stock consideration received on transaction

10,300,000

Subsequent Event [Member] | Share Purchase Agreement [Member] | Bethardi Gaming [Member] | Minimum [Member]

Subsequent Event [Line Items]

Payments to Acquire Businesses, Gross

$ 1,770,000

Subsequent Event [Member] | Senior Convertible Note [Member]

Subsequent Event [Line Items]

Debt, Weighted Average Interest Rate

90%

Debt Instrument, Convertible, Threshold Trading Days | d

5

Conversion of Stock, Amount Issued

$ 18,861,575

Common Stock, Shares, Issued | shares

217,159,442

217,159,442

Debt instrument face amount

$ 2,950,000

Increasing in debt

$ 460,000

Subsequent Event [Member] | Senior Convertible Note [Member] | Spanish iGaming Operations [Member]

Subsequent Event [Line Items]

Businesses net of cash divested

$ 1,200,000

Deposits

1,000,000

Gain loss on assets

$ 800,000

Subsequent Event [Member] | Senior Convertible Note [Member] | Exchange Agreement [Member]

Subsequent Event [Line Items]

Conversion of Stock, Amount Issued

$ 18,861,575

Common Stock, Shares, Issued | shares

217,159,442

Subsequent Event [Member] | Senior Convertible Note Holder [Member] | Waiver Agreement [Member]

Subsequent Event [Line Items]

Increasing in debt

$ 450,000

$ 450,000

Reduction in conversion of debt

18,861,573

Increasing in debt

2,950,000

Converted accrued liabilities

2,500,000

2,500,000

Senior convertible note

$ 16,310,000

$ 16,310,000

Subsequent Event [Member] | Common Stock [Member]

Subsequent Event [Line Items]

Stockholders' Equity, Reverse Stock Split

the stockholders approved a reverse stock split of the Common Stock at a ratio of not less than one-for-twenty (1-for-20)

2020 Equity Incentive Plan [Member] | Chief Executive Officer [Member] | Subsequent Event [Member] | Employee Stock [Member]

Subsequent Event [Line Items]

Number of shares, granted | shares

2,500,000

2020 Equity Incentive Plan [Member] | Chief Executive Officer [Member] | Subsequent Event [Member] | Common Stock [Member]

Subsequent Event [Line Items]

Number of shares, granted | shares

2,500,000