Esports Entertainment (GMBL) 10-K 13 Oct 23 2023 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Jun. 30, 2023	Oct. 12, 2023	Dec. 31, 2022
Document Type	10-K
Amendment Flag	false
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2023
Document Fiscal Period Focus	FY
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 Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
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 Public Float			$ 5,933,566
Entity Common Stock, Shares Outstanding		67,329,316
ICFR Auditor Attestation Flag	false
Document Financial Statement Error Correction [Flag]	false
Auditor Firm ID	688
Auditor Name	Marcum LLP
Auditor Location	Marlton, New Jersey
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 [Member]
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

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Jun. 30, 2023	Jun. 30, 2022
Current assets
Cash	$ 1,745,298	$ 2,517,146
Restricted cash	168,304	2,292,662
Accounts receivable, net	93,871	304,959
Receivables reserved for users	831,942	2,941,882
Other receivables	497,603	372,283
Prepaid expenses and other current assets	706,030	1,543,053
Total current assets	4,043,048	9,971,985
Equipment, net	20,013	43,925
Operating lease right-of-use asset	85,517	164,288
Intangible assets, net	13,324,627	30,346,489
Goodwill	4,491,223	22,275,313
Other non-current assets	136,863	2,062,176
TOTAL ASSETS	22,101,291	64,864,176
Current liabilities
Accounts payable and accrued expenses	7,106,194	12,344,052
Liabilities to customers	664,313	4,671,287
Deferred revenue	989,027	575,097
Senior convertible note		35,000,000
Derivative liability		9,399,620
Current portion of notes payable and other long-term debt		139,538
Operating lease liability – current	95,903	364,269
Contingent consideration		3,328,361
Total current liabilities	8,855,437	65,822,224
Warrant liability	365,726	2,192,730
Deferred income taxes
Operating lease liability – non-current		669,286
Total liabilities	9,221,163	68,684,240
Commitments and contingencies (Note 13)
Mezzanine equity:
Total Mezzanine equity	8,083,869	7,781,380
Stockholders’ equity (deficit)
Preferred stock value
Common stock $0.001 par value, 500,000,000 shares authorized, 3,784,169 and 409,229 shares issued and outstanding as of June 30, 2023 and June 30, 2022, respectively	3,784	409
Additional paid-in capital	173,461,717	144,914,687
Accumulated deficit	(181,425,905)	(149,140,426)
Accumulated other comprehensive loss	(4,667,164)	(7,376,114)
Total stockholders’ equity (deficit)	4,796,259	(11,601,444)
TOTAL LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’ EQUITY (DEFICIT)	22,101,291	64,864,176
Series A Cumulative Redeemable Convertible Preferred Stock [Member]
Mezzanine equity:
Redeemable preferred stock	8,083,869	7,781,380
Series B Redeemable Preferred Stock [Member]
Mezzanine equity:
Redeemable preferred stock
Series C Convertible Preferred Stock [Member]
Stockholders’ equity (deficit)
Preferred stock value	14,805,438
Series D Convertible Preferred Stock [Member]
Stockholders’ equity (deficit)
Preferred stock value	$ 2,618,389

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Jun. 30, 2023	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	3,784,169	409,229
Common stock, shares outstanding	3,784,169	409,229
Series A Cumulative Redeemable Convertible Preferred Stock [Member]
Temporary equity, par value	$ 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 value	$ 0.001	$ 0.001
Temporary equity, shares authorized	100	100
Temporary equity, shares issued	0	0
Temporary equity, shares outstanding	0	0
Series C Convertible Preferred Stock [Member]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	20,000	20,000
Preferred stock, shares issued	14,601	0
Preferred stock, shares outstanding	14,601	0
Series D Convertible Preferred Stock [Member]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	10,000	10,000
Preferred stock, shares issued	4,300	0
Preferred stock, shares outstanding	4,300	0

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Income Statement [Abstract]
Net revenue	$ 22,965,804	$ 58,351,650
Operating costs and expenses:
Cost of revenue	8,787,254	24,164,661
Sales and marketing	5,946,697	25,728,220
General and administrative	28,902,017	51,321,978
Loss on disposal of businesses, net	3,497,221
Asset impairment charges	16,135,000	46,498,689
Total operating expenses	63,268,189	147,713,548
Operating loss	(40,302,385)	(89,361,898)
Other income (expense):
Interest expense	(2,485,758)	(6,423,039)
Gain on termination of lease	799,901
Loss on conversion of senior convertible note		(5,999,662)
Loss on extinguishment of senior convertible note	(1,821,013)	(28,478,804)
Change in fair value of derivative liability on senior convertible note	7,435,687	(10,882,241)
Change in fair value of warrant liability	7,113,292	31,468,270
Change in fair value of contingent consideration	(2,864,551)	2,355,308
Other non-operating income (loss), net	(160,276)	(584,466)
Total other income (expense), net	8,017,282	(18,544,634)
Loss before income taxes	(32,285,103)	(107,906,532)
Income tax (expense) benefit	(376)	5,674,442
Net loss	(32,285,479)	(102,232,090)
Dividend on 10% Series A cumulative redeemable convertible preferred stock	(802,512)	(501,570)
Accretion of 10% Series A cumulative redeemable convertible preferred stock to redemption value	(302,489)	(182,046)
Dividend on Series C convertible preferred stock	(204,414)
Dividend on Series D convertible preferred stock	(37,267)
Net loss attributable to common stockholders	$ (33,632,161)	$ (102,915,706)
Net loss per common share - basic	$ (19.63)	$ (356.27)
Net loss per common share - diluted	$ (19.63)	$ (356.27)
Weighted average number of common shares outstanding - basic	1,713,598	288,869
Weighted average number of common shares outstanding - diluted	1,713,598	288,869

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Loss - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Income Statement [Abstract]
Net loss	$ (32,285,479)	$ (102,232,090)
Other comprehensive (income) loss:
Reclassification of accumulated foreign currency translation net losses to net loss as a result of the disposal of businesses	(2,487,334)
Foreign currency translation (gain) loss	(221,616)	6,706,944
Total other comprehensive (income) loss	(2,708,950)	6,706,944
Total comprehensive loss	$ (29,576,529)	$ (108,939,034)

Consolidated Statements of Chan

Consolidated Statements of Changes in Mezzanine Equity and Stockholders' Equity (Deficit) - USD ($)	Preferred Stock [Member] Series A Cumulative Redeemable Preferred Stock [Member]	Preferred Stock [Member] Series B Redeemable Preferred Stock [Member]	Preferred Stock [Member] Series C Preferred Stock [Member]	Preferred Stock [Member] Series D Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Balance at Jun. 30, 2021					$ 219	$ 122,362,679	$ (46,908,336)	$ (669,170)	$ 74,785,392
Balance, shares at Jun. 30, 2021					218,961
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
Accretion of redemption value and issuance costs	$ 182,046					(182,046)			(182,046)
10% Series A cumulative redeemable convertible preferred stock cash dividend						(501,570)			(501,570)
Common stock and warrants issued in equity financing, net of issuance costs					$ 150	3,464,775			3,464,925
Common stock and warrants issued in equity financing net of issuance costs, shares					150,000
Conversion of senior convertible note					$ 25	10,652,623			10,652,648
Conversion of senior convertible note, shares					25,145
Issuance of common stock under the ATM, net of issuance costs					$ 12	3,885,097			3,885,109
Issuance of common stock under the ATM, net of issuance costs, shares					11,658
Common stock issued upon the exercise of stock options						67,479			$ 67,479
Common stock issued upon the exercise of stock options, shares					140				140
Common stock issued for services					$ 3	748,146			$ 748,149
Common stock issued for services, shares					3,325
Stock based compensation						4,417,504			4,417,504
Foreign exchange translation								(6,706,944)	(6,706,944)
Net loss							(102,232,090)		(102,232,090)
Balance at Jun. 30, 2022	$ 7,781,380				$ 409	144,914,687	(149,140,426)	(7,376,114)	(11,601,444)
Balance, shares at Jun. 30, 2022	835,950				409,229
Accretion of redemption value and issuance costs	$ 302,489					(302,489)			(302,489)
10% Series A cumulative redeemable convertible preferred stock cash dividend						(802,512)			(802,512)
Common stock and warrants issued in equity financing, net of issuance costs					$ 408	3,714,408			3,714,816
Common stock and warrants issued in equity financing net of issuance costs, shares					407,431
Conversion of senior convertible note					$ 2,242	22,875,713			$ 22,877,955
Conversion of senior convertible note, shares					2,242,143
Issuance of common stock under the ATM, net of issuance costs, shares									111,391
Common stock issued upon the exercise of stock options, shares
Foreign exchange translation								2,708,950	$ 2,708,950
Net loss							$ (32,285,479)		$ (32,285,479)
Proceeds from issuance of Series B redeemable preferred stock		1,000
Proceeds from issuance of Series B Redeemable Preferred Stock, shares		100
Redemption of the Series B redeemable preferred stock		$ (1,000)
Redemption of Series B Redeemable Preferred, shares		(100)
Common stock issued on exercise of Pre-funded warrants					$ 179	17,671			17,850
Common stock issued on exercise of Pre-funded warrants, shares					178,500
Conversion of the senior convertible note to Series C Convertible Preferred Stock			15,230,024						15,230,024
Conversion of the senior convertible note to Series C Convertible Preferred Stock, shares			15,230
Proceeds from issuance of Convertible preferred stock and warrants				2,581,122		1,377,878			3,959,000
Proceeds from issuance of Convertible preferred stock and warrants, Shares				4,300
Preferred Stock Dividend			$ 204,414	37,267		(241,681)
Preferred Stock Dividend
Conversions of the Convertible preferred stock			$ (629,000)		$ 410	628,590
Conversions of the convertible preferred stock, shares			(629)		410,475
Common stocker issued to settle payables					$ 111	131,328			131,439
Common stocker issued to settle payables, shares					111,391
Stock based compensation					$ 25	1,148,124			1,148,149
Stock based compensation, shares					25,000
Balance at Jun. 30, 2023	$ 8,083,869		$ 14,805,438	$ 2,618,389	$ 3,784	$ 173,461,717	$ (181,425,905)	$ (4,667,164)	$ 4,796,259
Balance, shares at Jun. 30, 2023	835,950		14,601	4,300	3,784,169

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Cash flows from operating activities:
Net loss	$ (32,285,479)	$ (102,232,090)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization and depreciation	6,475,794	12,026,581
Asset impairment charges	16,135,000	46,498,689
Right-of-use asset amortization	46,244	506,742
Stock-based compensation	1,148,149	5,165,653
Deferred income taxes		(5,671,861)
Loss on conversion of senior convertible note		5,999,662
Loss on extinguishment of senior convertible note	1,821,013	28,478,804
Amortization of debt discount and premium		3,389,055
Change in fair value of warrant liability	(7,113,292)	(31,468,270)
Change in fair value of contingent consideration	2,864,551	(2,355,308)
Change in the fair value of derivative liability	(7,435,687)	10,882,241
Loss on sale of business, net	3,497,221
Gain on sales of business		(1,069,262)
Gain on termination of lease	(799,901)
Changes in operating assets and liabilities:
Accounts receivable	208,891	(133,968)
Receivables reserved for users	14,423	(624,803)
Other receivables	(1,463)	193,224
Prepaid expenses and other current assets	575,928	1,530,812
Other non-current assets	562,453	161,645
Accounts payable and accrued expenses	888,203	5,029,309
Liabilities to customers	(2,624,711)	1,920,260
Deferred revenue	413,930	552,987
Operating lease liability	(137,748)	213,461
Net cash used in operating activities	(15,746,481)	(21,006,437)
Cash flows from investing activities:
Cash consideration paid for Bethard acquisition, net of cash acquired		(20,067,871)
Proceeds from the sale of Bethard Business	1,739,882
Proceeds from the sale of Spanish Operations	1,200,000
Proceeds from sale of assets		159,872
Purchase of intangible assets		(34,648)
Purchases of equipment	(3,321)	(137,729)
Net cash provided by (used in) investing activities	2,936,561	(20,080,376)
Cash flows from financing activities:
Proceeds from equity and common warrant financing, net of issuance costs	9,001,103	13,625,925
Proceeds from exercise of pre-funded warrants	17,850
Proceeds from issuance of Series D convertible preferred stock, preferred warrants and common warrants, net of issuance costs	3,959,000
Proceeds from issuance of Series B redeemable preferred stock	1,000
Redemption of Series B redeemable preferred stock	(1,000)
Proceeds from issuance of 10% Series A cumulative redeemable convertible preferred stock, net of issuance costs		7,599,334
Payment of dividends on 10% Series A cumulative redeemable convertible preferred stock	(802,512)	(501,570)
Repayment of senior convertible note	(3,458,403)
Issuance of common stock under the ATM, net of issuance costs		3,885,109
Payment of Bethard contingent consideration		(1,016,331)
Proceeds from exercise of stock options and warrants, net of issuance costs		67,479
Repayment of notes payable and finance leases	(37,150)	(171,661)
Net cash provided by financing activities	8,679,888	23,488,285
Effect of exchange rate on changes in cash and restricted cash	1,233,826	(952,032)
Net decrease in cash and restricted cash	(2,896,206)	(18,550,560)
Cash and restricted cash, beginning of year	4,809,808	23,360,368
Cash and restricted cash	1,913,602	4,809,808
Cash	1,745,298	2,517,146
Restricted cash	168,304	2,292,662
CASH PAID FOR:
Interest	2,442,673	2,434,291
Income taxes		(2,581)
SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING ACTIVITIES:
Fair value of contingent consideration payable in cash and common stock for Bethard acquisition		6,700,000
Increase in Senior Convertible Note from conversion of accounts payable and accrued interest	2,500,000
Conversion of senior convertible notes to common stock	19,261,583	10,652,648
Conversion of principal on senior convertible note to Series C Convertible Preferred Stock	15,230,024
Conversion of Series C Convertible Preferred Stock to common stock	629,000
Common stock issued to settle payables	131,439
Accretion of 10% Series A cumulative redeemable convertible preferred stock	302,489	182,046
Right-of-use asset obtained in exchange for operating lease obligation		1,112,960
Finance lease asset obtained in exchange for financing lease obligation		$ 96,018

Nature of Operations

Nature of Operations	12 Months Ended
	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations	Note 1 – Nature of Operations Esports Entertainment Group, Inc. 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. On July 13, 2021, the Company acquired Bethard Group Limited’s business-to-consumer operations that included the online casino and sports book business operating under the brand of Bethard (“Bethard”). Bethard’s operations provided sportsbook, casino, live casino and fantasy sport betting services. The Company has recently completed a series of independent transactions to streamline its operations to reduce operating losses and to increase its focus on core businesses. The Company closed its Argyll operations on December 8, 2022 by surrendering of its UK license and deconsolidated its Argyll operating entities due to liquidation and loss of control of the entities, with Argyll Entertainment being deconsolidated on March 27, 2023 and Argyll Productions being deconsolidated on June 9, 2023. The Company sold its Spanish iGaming operations on January 18, 2023, sold the Bethard business on February 24, 2023 and exited the EGL business as of June 30, 2023. The Company disposed of Helix on June 10, 2022. Subsequent to these transactions, the core businesses of the Company include Lucky Dino of the EEG iGaming (see Reportable Segments Reportable Segments ) The acquisition and disposal of Bethard and the disposals of the other entities are discussed further in Note 3, Disposals, Acquisitions and Related Items.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Jun. 30, 2023
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2 – Summary of Significant Accounting Policies Basis of presentation and principles of consolidation The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”). The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. Intercompany accounts and transactions have been eliminated in consolidation. Effective February 22, 2023 the Company completed a one-for-one-hundred (1-for-100) reverse stock split 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, and (2) the creation of esports content for distribution to the betting industry. 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 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 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 recoverability of goodwill and intangible assets. Liquidity and Going Concern The accompanying 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 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 consolidated financial statements. The Company considered that it had an accumulated deficit of $ 181,425,905 4,043,048 8,855,437 15,746,481 32,285,479 The Company also considered its current liquidity as well as future market and economic conditions that may be deemed outside the control of the Company as it relates to obtaining financing and generating future profits. As of June 30, 2023, the Company had $ 1,745,298 4,812,389 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) up to $ 7,186,257 50% 50 4,300 1,000 1,433,333 1.96 4,300 1,000 4,300,000 341,000 3,959,000 1,000,000 0.001 0.1935 4,167,959 0.1935 0.001 0.001 1,000,000 130,000 870,000 0.001 7,186,257 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 consolidated financial statements do not reflect any adjustments that might result from the outcome of this uncertainty. The amount of available cash on hand on October 12, 2023, one business day preceding this filing, was approximately $ 314,000 Compliance with Nasdaq Listing Requirements On April 11, 2022, the Company received a deficiency notification letter from the Listing Qualifications Staff of Nasdaq (“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 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 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 the Bid Price Rule, and the minimum of $ 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 the MVLS Rule. This was addressed in the November 17, 2022, hearing before the Panel where the Company presented on its plan to comply with the MVLS Rule or alternative criteria and was granted continued listing subject to the criteria noted above. 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 Equity Rule. The Company provided an update on its progress to the Panel on February 20, 2023. On March 9, 2023, the Company received a letter from the Panel indicating that the Company has regained compliance with the Bid Price Rule. On March 30, 2023, the Company submitted a written submission requesting an extension on the requirement to demonstrate compliance with the Equity Rule and on April 6, 2023, the Panel granted an extension through April 30, 2023. On May 1, 2023, the Company announced it met the minimum Equity Rule. On June 13, 2023, the Company received a notice from the Panel providing that the Company demonstrated compliance with the requirements for continued listing on The Nasdaq Capital Market, including the Equity Rule, as outlined in Listing Rule 5550(b)(1). On September 6, 2023, the Company received a deficiency notification letter from the Staff indicating that the Company was not in compliance with Bid Price Rule. The Company has 180 calendar days from the date of such notice, or until March 4, 2024, to regain compliance with the Bid Price Rule. To regain compliance, the bid price for the Company’s common stock must close at $1.00 per share or more for a minimum of 10 consecutive business days. The Company remains subject to a “Panel Monitor,” as defined by Nasdaq Listing Rule 5815(d)(4)(A), through June 13, 2024. In the event the Company fails to satisfy a continued listing requirement during the Panel Monitor, the Company will not be provided with the opportunity to present a compliance plan to the Staff and the Staff will not be permitted to grant additional time for the Company to regain compliance with respect to that deficiency, nor will the Company be afforded an applicable cure or compliance period pursuant to Rule 5810(c)(3), which process might otherwise be available under the Nasdaq Listing Rules, but would instead have an opportunity to request a new hearing with the Panel. The Company’s securities may be at that time delisted from Nasdaq. Any failure to 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. 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 June 30, 2023 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, net Accounts receivable, net is comprised of the amounts billed to customers principally for esports events and team management services. Accounts receivable, net 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 consolidated statements of operations. At June 30, 2023 and 2022, the allowance for credit losses was not material to the 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 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 consolidated statements of operations. The allowance for doubtful accounts is not material to the 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 Assets Computer Equipment Up to 5 years Furniture and fixtures Up to 7 years 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 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 at the beginning of the fourth quarter 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 year ended June 30, 2023, the Company’s share price continued to decline and the Company performed an assessment of its operations. As part of this the Company recognized goodwill asset impairment charges of $ 1,635,000 14,500,000 16,135,000 During the year ended June 30, 2022, the Company’s share price had a significant decline and the Company’s ability to invest in its businesses was impacted and the Company recognized goodwill asset impairment charges of $ 23,119,755 3,852,876 26,972,631 Further downturns in economic, regulatory and operating conditions could result in additional goodwill impairment in future periods. 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 no 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. There were no impairment charges on long-lived assets identified for the year ended June 30, 2023. During the year ended June 30, 2022, the Company recognized a total impairment charge of $ 19,526,058 3,972,022 13,484,122 653,107 44,481 608,626 1,416,807 Jackpot Provision The jackpot provision liability is an estimate of the amount due to players for progressive 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. Leases The Company leases for office space and game center space through operating lease agreements that were a result of its acquisitions of Argyll, Lucky Dino and Helix. The Company also leased other property and equipment, acquired through Helix, that was subsequently sold as part of the Helix sale transaction 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 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 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 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 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 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 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 12). 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 18) in the consolidated balance sheets. In the event that the fair value is recorded as a liability, the change in fair value is recorded in the statements of operations as other income or expense (Note 18). 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 consolidated statements of operations. 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 value 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 carrying amounts due to the short maturities of these instruments. The fair value of the Senior Convertible Note and lease liabilities approximate their carrying value based on current interest and discount rates. 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 year ended June 30, 2023 and 2022 because their inclusion would have been antidilutive: Schedule of Weighted Average Diluted Common Shares Outstanding 2023 2022 Common stock options $ 30,621 $ 11,105 Common stock warrants 1,975,339 226,006 Common stock issuable upon conversion of senior convertible note - 160,315 10% Series A cumulative redeemable convertible preferred stock 835,950 835,950 Common stock issuable on conversion of Series C convertible preferred stock 13,941,091 - Common stock issuable on conversion of Series D convertible preferred stock 4,084,056 - Common stock issuable on conversion of Series D convertible preferred stock issuable from exercise of preferred warrants issued in the Series D convertible preferred stock offering 4,048,965 - Total $ 24,916,022 $ 1,233,376 Anti-dilutive securities $ 24,916,022 $ 1,233,376 The table includes the number of shares of common stock potentially issuable upon a conversion of the Series C Convertible Preferred Stock and Series D Convertible Preferred Stock into shares of common stock. The table also includes any shares of common stock that would be issuable upon exercise and conversion of the preferred warrants issued in the Series D Convertible Preferred Stock offering. The conversion price used to estimate the number of common stock issuable for the Series C Convertible Preferred Stock, Series D Convertible Preferred Stock and Common stock issuable on conversion of Series D convertible preferred stock issuable from exercise of Series D preferred warrants, was 90% of the Company’s Nasdaq Official Closing Price of $1.18 on June 30, 2023. Issuances of shares of common stock upon conversion of the Series D Convertible Preferred Stock and Common Warrants in excess of 20% of the Company’s outstanding shares of common stock require approval by the Company’s stockholders pursuant to the rules and regulations of the Nasdaq Stock Market. 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 consolidated statements of comprehensive loss. Foreign Currency The functional currencies of the Company include the U.S. dollar, British Pound and Euro. The reporting currency of the Company is the U.S. dollar. Assets and liabilities of the Company’s foreign operations with functional currencies other than the U.S. dollar are translated at the exchange rate in effect at the balance sheet date, while revenues and expenses are translated at average rates prevailing during the periods. Translation adjustments are reported in accumulated other comprehensive loss, a separate component of stockholders’ equity. Transaction gains and losses arise from exchange rate fluctuations on transactions denominated in a currency other than the functional currency. The Company recorded a foreign exchange transaction loss for the years ended June 30, 2023 and 2022 of $ 108,175 149,573 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). Sales and Marketing Sales and marketing expenses are comprised primarily of advertising costs that include online search advertising and placement, including advertising with affiliates for the online betting and casino operations, as well as other promotional expenses paid to third parties, including expenses related to sponsorship agreements. Sales and marketing expense for the years ended June 30, 2023 and 2022 was $ 5,946,697 25,728,220 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

Disposals, Acquisitions and Rel

Disposals, Acquisitions and Related Items	12 Months Ended
	Jun. 30, 2023
Business Combination and Asset Acquisition [Abstract]
Disposals, Acquisitions and Related Items	Note 3 – Disposals, Acquisitions and Related Items We have initiated a process to evaluate the strategic options for the iGaming business, including exploring the sale of iGaming assets due to increasing regulatory burdens and competition. Our new Chief Executive Officer was tasked with assessing the value of the iGaming assets and determining next steps. The Company has taken the following actions: Sale of Bethard Business and Amendment and Waiver to Senior Convertible Note On February 24, 2023, (the “Bethard Closing Date”), the Company, pursuant to a stock purchase agreement (the “Purchase Agreement”) dated February 14, 2023 with Gameday Group PLC, a Malta company (“Purchaser”), completed the divestiture of Prozone Limited, a Malta company containing the online casino and sportsbook business, including the Bethard brand (the “Bethard Business”), that is licensed in Malta and Sweden (together, the sale of Prozone Limited with the Bethard Business herein referred to as the “Sale of the Bethard Business”). The purchase consideration was determined by the Company to be $ 8,090,965 1,650,000 1,739,882 150,000 158,171 5,872,989 6,192,912 1,238,552 1,306,021 7,735,724 On February 16, 2023, the Company entered into an Amendment and Waiver Agreement (“Amendment”) with the holder of the Senior Convertible Note (the “Holder”) as a condition to the closing of the sale of the Bethard Business. The Amendment required the Company to deposit 50 50 50 The Amendment also modified the Senior Convertible Note to increase the principal balance by $ 2,950,000 450,000 2,500,000 During October 2022, the Company entered into an amendment to the Bethard SPA where it agreed to pay € 6,535,753 6,891,782 12 13,120,000 13,834,699 3,328,361 2,864,551 2,355,308 Sale of Spanish iGaming Operations On January 18, 2023, the Company sold its Spanish iGaming operations, including its Spanish iGaming license. The Company received approximately $ 1,200,000 1,000,000 65 1,114,992 Closure of Argyll and vie.gg 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 UK Gambling Commission (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. On March 3, 2023, the Company’s Board of Directors (the “Board”) determined that the Company’s wholly-owned subsidiary, Argyll Entertainment, the Company’s Swiss entity that is part of Argyll UK, would be liquidated. The Swiss courts declared Argyll Entertainment bankrupt on March 27, 2023, at which point the Company lost control of Argyll Entertainment and, as a result, deconsolidated the entity. The Company further liquidated and deconsolidated wholly-owned subsidiary, Argyll Productions, on June 9, 2023. The Company had previously fully impaired the goodwill, intangible assets and other long-lived assets of Argyll UK in the fiscal year ended June 30, 2022. The Company recognized a gain on disposal of $ 2,151,862 610,643 Since the acquisition and through disposal of the Argyll businesses, 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 were no adverse judgments imposed by the UKGC against the Company. On October 28, 2022, the Company determined that it would close down its vie.gg New Jersey operations and exit its transactional waiver from the New Jersey Division of Gaming Enforcement. The exit of the transactional waiver is complete and this did not have a material adverse effect on our results of operations. Exit of EGL business On June 30, 2023, the Company sold its EGL business, a provider of online tournaments (through the EGL tournament platform) to a member of the EGL management team for $ 250,000 361,006 Bethard Acquisition On July 13, 2021, the Company completed the acquisition of the business-to-consumer operations of Bethard Group Limited, which provides sportsbook, casino, live casino and fantasy sport betting services with gaming licenses to customers in Sweden, Spain, Malta and Ireland, from Gameday Group Plc, a limited liability company incorporated in Malta (the “Seller”). The acquisition of Bethard expanded the iGaming operations of the Company in Europe and provides the Company with increased opportunity to cross-sell its esports offerings to a larger customer base. The acquisition of Bethard resulted in the Company acquiring the outstanding share capital of Prozone Limited, a public liability company registered in Malta, that had previously received the assets of Bethard in a pre-closing restructuring by the Seller. The initial payment of purchase consideration for Bethard included cash paid at closing of € 13,000,000 15,346,019 1,000,000 1,180,463 4,000,000 4,721,852 10 10 15 12 7,600,000 8,971,519 The purchase consideration, including the fair value of the contingent cash consideration, is as follows: Schedule of Preliminary Purchase Price Allocation of Acquisition Cash paid at closing $ 15,346,019 Second Payment 4,721,852 Total cash consideration paid for Bethard 20,067,871 Contingent cash consideration 6,700,000 Total purchase price consideration $ 26,767,871 At the time of the acquisition. the contingent cash consideration assumed a cash payment equal to 15% of net gaming revenue for the Bethard Business through the Additional Payment Due Date as set forth through the Second Payment Due Date estimated to be approximately four months at acquisition, then reverting to 12% thereafter for the remainder of a two-year period following the acquisition date . The estimated contingent cash consideration of $ 6,700,000 was calculated using the applicable percentages applied to projected net gaming revenue of the Bethard Business at the date of acquisition. In October 2022, the Company entered into an amendment to the Bethard SPA that impacted the contingent consideration as discussed further in Note 13. The remaining contingent liability was extinguished as part of the sale of Bethard. The purchase consideration excludes contingent share consideration payable to the Seller as there is no indication such contingent share contingent consideration will become payable from a successful assignment of the specified ambassador agreement. The Seller of the Bethard Business had up to 6 months to assign the ambassador agreement to receive the contingent share consideration. After the 6 months, the contingent share consideration was reduced by € 422,222 (equivalent to $ 498,417 using exchange rates in effect at the acquisition date) for each month the contract is not assigned to the Company through the 24-month anniversary. The ambassador agreement was never assigned to the Company. The purchase price and purchase price allocation of the assets acquired and liabilities assumed is as follows: Schedule of Purchase Price Allocation of the Assets Acquired and Liabilities Assumed - Receivables reserved for users $ 3,109,782 Intangible assets 18,100,000 Goodwill 11,292,685 Other non-current assets 1,180,463 Accrued liabilities (5,634 ) Player liability (3,108,425 ) Deferred income taxes (3,801,000 ) Total $ 26,767,871 The acquired intangible assets, useful lives and fair value at the acquisition date follows: Schedule of Fair Value of Acquired Intangible Assets Useful Life (years) Fair Value Tradename 10 $ 3,500,000 Developed technology and software 5 1,200,000 Gaming licenses 2 700,000 Player relationships 5 12,700,000 Total $ 18,100,000 Qualitative factors that contribute to the recognition of goodwill include certain intangible assets that are not being recognized as separate identifiable intangible assets apart from goodwill. Intangible assets not recognized apart from goodwill consist primarily of benefits from securing buyer-specific synergies that increase revenue and profits and are not otherwise available to a marketplace participant, as well as acquiring a talented workforce and cost savings opportunities. The goodwill of Bethard is not deductible for tax purposes. Transaction related expenses incurred for the acquisition of the Bethard Business total $ 1,005,594 , including $ 255,481 incurred for the year ended June 30, 2022. Transaction related expenses are recorded in general and administrative expenses in the consolidated statements of operations. As noted above, on February 24, 2023, the Company completed the divestiture of Prozone Limited, containing the Bethard online casino and sportsbook business back to Gameday Group Plc.

Other Receivables

Other Receivables	12 Months Ended
	Jun. 30, 2023
Receivables [Abstract]
Other Receivables	Note 4 – Other Receivables The components of other receivables follows: Schedule of Other Receivables June 30, 2023 June 30, 2022 Indirect taxes $ 21,024 $ 306,040 Other 476,579 66,243 Other receivables $ 497,603 $ 372,283

Prepaid Expenses and Other Curr

Prepaid Expenses and Other Current Assets	12 Months Ended
	Jun. 30, 2023
Prepaid Expenses And Other Current Assets
Prepaid Expenses and Other Current Assets	Note 5 – Prepaid Expenses and Other Current Assets The components of prepaid expenses and other current assets follows: Schedule of Prepaid Expenses and Other Current Assets June 30, 2023 June 30, 2022 Prepaid marketing costs $ 53,365 $ 298,300 Prepaid insurance 265,974 230,404 Prepaid gaming costs 375,082 575,113 Other 11,609 439,236 Prepaid expenses and other current assets $ 706,030 $ 1,543,053

Equipment

Equipment	12 Months Ended
	Jun. 30, 2023
Property, Plant and Equipment [Abstract]
Equipment	Note 6 – Equipment The components of equipment follow: Schedule of Equipment June 30, 2023 June 30, 2022 Computer equipment $ 36,630 $ 35,911 Furniture and equipment 35,943 34,526 Equipment, at cost 72,573 70,437 Accumulated depreciation and finance lease amortization (52,560 ) (26,512 ) Equipment, net $ 20,013 $ 43,925 During the years ended June 30, 2023 and 2022, the Company recorded total depreciation expense and finance lease amortization of $ 26,404 154,464

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Note 7 – Goodwill and Intangible Assets A reconciliation of goodwill and accumulated goodwill impairment losses, by reportable segment, is as follows: Schedule of Goodwill EEG iGaming EEG Games Total Balance as of July 1, 2021 Goodwill, gross 15,109,012 25,828,358 40,937,370 Accumulated goodwill impairment charges - - - Goodwill, net 15,109,012 25,828,358 40,937,370 Goodwill acquired during the year 11,292,685 - 11,292,685 Effects of foreign currency exchange rates (2,888,340 ) (93,771 ) (2,982,111 ) Impairment charges (3,852,876 ) (23,119,755 ) (26,972,631 ) Balance as of June 30, 2022 Goodwill, gross 23,513,357 25,734,587 49,247,944 Goodwill, gross, beginning balance 23,513,357 25,734,587 49,247,944 Accumulated goodwill impairment charges (3,852,876 ) (23,119,755 ) (26,972,631 ) Accumulated goodwill impairment charges, beginning balance (3,852,876 ) (23,119,755 ) (26,972,631 ) Goodwill, net 19,660,481 2,614,832 22,275,313 Goodwill, net, beginning balance 19,660,481 2,614,832 22,275,313 Goodwill disposed of during the year (2,116,882 ) - (2,116,882 ) Effects of foreign currency exchange rates 467,793 - 467,793 Impairment charges (14,500,000 ) (1,635,000 ) (16,135,000 ) Balance as of June 30, 2023 Goodwill, gross 9,441,453 11,445,832 20,887,285 Goodwill, 9,441,453 11,445,832 20,887,285 Accumulated goodwill impairment charges (5,930,062 ) (10,466,000 ) (16,396,062 ) Accumulated goodwill impairment charges, ending balance (5,930,062 ) (10,466,000 ) (16,396,062 ) Goodwill, net $ 3,511,391 $ 979,832 $ 4,491,223 Goodwill, net, ending balance $ 3,511,391 $ 979,832 $ 4,491,223 During the year ended June 30, 2023 the Company recognized loss on disposal of businesses that included $ 2,116,882 Further, during the year ended June 30, 2023, the Company concluded that impairment indicators existed considering that the EEG iGaming revenues had declined significantly from levels seen in the previous year and in the previous quarters and EEG Games was not performing at the level previously expected. This and uncertainties caused by inflation and certain world events were determined to be a triggering event and the long-lived assets of the Company were quantitatively tested for impairment. The Company performed its 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 were recoverable under the undiscounted cash flow recoverability test. The Company performed a further impairment test at June 30, 2023 and that all its asset groups were recoverable under the undiscounted cash flow recoverability test. There were no In accordance with ASC 350, for goodwill, the Company performed a 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 impairment test performed as of December 31, 2022, indicated that the carrying value of the iGaming and GGC reporting units exceeded their estimated fair values determined by the Company. At December 31, 2022, the Company recognized goodwill impairments of $ 14,500,000 1,635,000 16,135,000 In the year ended June 30, 2022, the Company had concluded, at that time, that goodwill impairment indicators existed based on the significant volatility in the Company’s stock price. The Company determined that in-person attendance at its Helix and customer game centers is not expected to attain levels previously forecasted and that under the current liquidity and investment constraints it is less likely to reach the previously forecasted revenue and profits for EGL and GGC. These factors and uncertainties caused by the pandemic, inflation and certain world events, resulted in the Company evaluating its goodwill and long-lived assets, including intangible assets, for impairment. The Company performed its 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 March 31, 2022, the Company determined its EGL, Helix, and GGC asset groups failed the undiscounted cash flow recoverability test and as of June 30, 2022 the Argyll asset group failed the undiscounted cash flow recoverability test. Accordingly, the Company estimated the fair value of its individual long-lived assets to determine if any asset impairment charges were present. The Company’s estimation of the fair value of the definite-lived intangible assets included the use of discounted cash flow and cost analyses, reflecting estimates of future revenues, royalty rates, cash flows, discount rates, development costs and obsolescence. Based on these analyses, the Company concluded the fair values of certain intangible assets were lower than their current carrying values, and recognized impairment totaling $ 3,644,048 12,100,997 1,675,580 35,519 17,456,144 In accordance with ASC 350, for goodwill, after considering the asset impairment charges to the asset groups, the Company performed its interim and annual goodwill impairment tests, 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 impairment tests performed indicated that the carrying value of the EGL, GGC and Helix reporting units exceeded their estimated fair values determined by the Company. Based on the results of the goodwill impairment testing procedures, the Company recognized impairments of goodwill of $ 1,895,164 for the EGL reporting unit, $ 8,831,000 for the GGC reporting unit, and $ 12,393,591 for the Helix reporting unit, for a total of $ 23,119,755 for the EEG Games segment, and $ 3,852,876 for the iGaming Argyll (UK) reporting unit of the EEG iGaming segment, totaling $ 26,972,631 for the year ended June 30, 2022 in asset impairment charges in the consolidated statements of operations. In total, as described in detail above, the Company recorded $ 44,428,775 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 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: 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 June 30, 2023 Gross Carrying Accumulated Net Carrying Tradenames $ 2,801,963 $ (566,501 ) $ 2,235,462 Developed technology and software 9,240,018 (3,757,061 ) 5,482,957 Gaming licenses 724,431 (724,431 ) - Player relationships 10,022,587 (4,621,655 ) 5,400,932 Internal-use software 226,438 (21,162 ) 205,276 Total $ 23,015,437 $ (9,690,810 ) $ 13,324,627 June 30, 2022 Gross Carrying Accumulated Net Carrying Tradename $ 5,835,512 $ (578,960 ) $ 5,256,552 Developed technology and software 10,109,366 (1,935,018 ) 8,174,348 Gaming licenses 1,317,567 (774,760 ) 542,807 Player relationships 20,920,029 (4,757,813 ) 16,162,216 Internal-use software 225,086 (14,520 ) 210,566 Total $ 38,407,560 $ (8,061,071 ) $ 30,346,489 Amortization expense was $ 6,449,390 11,872,117 5,455,088 8,679,881 994,302 3,192,236 The estimated future amortization related to definite-lived intangible assets is as follows: Schedule of Future Amortization of Intangible Assets Fiscal 2024 $ 4,333,526 Fiscal 2025 4,333,526 Fiscal 2026 3,175,014 Fiscal 2027 362,192 Fiscal 2028 326,816 Thereafter 793,553 Total $ 13,324,627

Other Non-Current Assets

Other Non-Current Assets	12 Months Ended
	Jun. 30, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Non-Current Assets	Note 8 – Other Non-Current Assets The components of other non-current assets follow: Schedule of Other Non-Current Assets June 30, 2023 June 30, 2022 iGaming regulatory deposits $ - $ 1,715,053 iGaming deposits with service providers - 261,825 Rent deposit - 80,520 Other 136,863 4,778 Other non-current assets $ 136,863 $ 2,062,176

Account Payable and Accrued Exp

Account Payable and Accrued Expenses	12 Months Ended
	Jun. 30, 2023
Payables and Accruals [Abstract]
Account Payable and Accrued Expenses	Note 9 – Account Payable and Accrued Expenses The components of account payable and accrued expenses follow: Schedule of Account Payable and Accrued Expenses June 30, 2023 June 30, 2022 Trade accounts payable $ 4,469,927 $ 5,069,616 Accrued marketing 1,054,085 2,388,987 Accrued payroll and benefits 298,636 833,322 Accrued gaming liabilities 145,393 446,626 Accrued professional fees 286,314 555,967 Accrued jackpot liabilities 91,892 297,970 Accrued other liabilities 759,947 2,751,564 Total $ 7,106,194 $ 12,344,052

Related Party Transactions

Related Party Transactions	12 Months Ended
	Jun. 30, 2023
Related Party Transactions [Abstract]
Related Party Transactions	Note 10 – Related Party Transactions The Company’s Chief Executive Officer owns less than 5 47,895 3,359 72,107 52,791 The Company reimbursed the former Chief Executive Officer for office rent and related expenses. The Company incurred charges owed to the former Chief Executive Officer for office expense reimbursement of $ 2,400 4,800 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 $ 18,521 and $ 26,148 for years ended June 30, 2023 and 2022, respectively, in accordance with these agreements. As of June 30, 2023 and 2022, 12,700 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 21,920 translated using the exchange rate in effect at June 30, 2022) per month to the firm that is controlled by this member of the Board. The individual also received payroll of $ 500 per month through the employment agreement as Chief Operating Officer. The member resigned from the Board and from his role as Chief Operating Officer on May 31, 2022 and the consultancy agreement and the employment agreement were terminated. The Company retained the services of its former Chief Financial Officer and Chief Operating Officer through a consultancy agreement dated April 2, 2022 and an employment agreement dated April 2, 2022. The Company remitted monthly payments to its former Chief Financial Officer of NZD 36,995 ($ 23,524 translated using the exchange rate in effect at June 30, 2022) under the consultancy agreement and $ 500 per month under the employment agreement. In connection with this appointment the Company provided a one-time issuance of 2,000 shares of Common Stock to the former Chief Financial Officer and Chief Operating Officer. and the consultancy agreement and employment agreement were terminated. He later rejoined the Company as the Chief Operating Officer on May 29, 2023 under a new employment agreement. During the year ended June 30, 2022, the Company engaged in transactions with Tilt, LLC a game center operator controlled by the head of GGC. This included net sales to Tilt, LLC in the amount of $ 222,559 33,600 16,589 20,128 140,000

Leases

Leases	12 Months Ended
	Jun. 30, 2023
Leases
Leases	Note 11 – 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 83,000 90,594 4% 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”) 17,500 3% 799,901 In March 2022 the Company commenced a finance lease for computer equipment for one of its owned and operated game centers. The lease had annual payments of $ 40,103 8 2.5 50,702 8 2.5 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 Leases Consolidated Balance Sheet Caption June 30, 2023 June 30, 2022 Assets: Operating lease assets Operating lease right-of-use assets $ 85,517 $ 164,288 Total lease assets $ 85,517 $ 164,288 Liabilities: Current: Operating lease liabilities Operating lease liability – current $ 95,903 $ 364,269 Operating lease liabilities Operating lease liability – current $ 95,903 $ 364,269 Long-term: Operating lease liabilities Operating lease liability – non-current - 669,286 Operating lease liabilities Operating lease liability – non-current - 669,286 Total lease liabilities $ 95,903 $ 1,033,555 The operating lease expense and finance lease expense, for the year ended June 30, 2023 were $ 97,147 0 The operating lease expense and finance lease expense, excluding asset impairment charges, for the year ended June 30, 2022 were $ 356,395 33,398 1,416,807 175,858 Weighted average remaining lease terms and discount rates follow: Schedule of Weighted Average Remaining Lease Terms and Discount Rates June 30, 2023 June 30, 2022 Weighted Average Remaining Lease Term (Years): Operating leases 1.00 3.87 Weighted Average Discount Rate: Operating leases 8.00 % 8.00 % The future minimum lease payments at June 30, 2023 follow: Schedule of Maturity of Operating Lease Liability Operating Lease Fiscal 2024 $ 100,606 Thereafter - Total lease payments 100,606 Less: imputed interest (4,703 ) Present value of lease liabilities $ 95,903

Long-term Debt

Long-term Debt	12 Months Ended
	Jun. 30, 2023
Debt Disclosure [Abstract]
Long-term Debt	Note 12 – 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 June 30, 2023 June 30, 2022 Notes payable April 30, 2023 3.49 % $ - $ 139,538 Total - 139,538 Less current portion of notes payable and long-term debt - (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. 26,210 1,964 $9,076 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 90 2,950,010 450,010 2,500,000 19,261,583 2,242,143 3,616,372 15,910,000 On April 19, 2023, the Company redeemed $ 679,976 15,910,000 750,000 679,976 51,450 168,574 150,000 Further, on April 28, 2023, the Company closed on an agreement with the Holder to convert the remaining outstanding $ 15,230,024 The conversion of the Senior Convertible Note into the Series C Convertible Preferred Stock extinguished the Senior Convertible Note and the remaining related debt liability outstanding of $ 15,230,024 1,963,906 Prior to the extinguishment of the debt, the interest rate on the Senior Convertible Note was 8.0 12.0 12 8.0 1,075,069 no The maturity date of the Senior Convertible Note was June 2, 2023, and was subject to extension in certain circumstances, including bankruptcy and outstanding events of default. The Company could redeem the Senior Convertible Note, subject to certain conditions, at a price equal to 100 The Company had not maintained compliance with certain debt covenants and was in default under the terms of the Senior Convertible Note through April 28, 2023, the date of the conversion to the Series C Convertible Preferred Stock. The Senior Convertible Note was convertible, at the option of the Holder, into shares of the Company’s Common Stock at a conversion price of $ 1,750.00 If an Event of Default had occurred under the Senior Convertible Note, in addition to the default interest rate discussed above, the Holder may have elected 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 have required the Company to redeem in cash any or all of the Senior Convertible Note. The redemption price would have equaled 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 did 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 could have from time to time increased this limit to 9.99%, provided that any such increase would not have been effective until the 61st day after delivery of a notice to the Company of such increase If an Event of Default occurred, the Holder of the Senior Convertible Note had the right to alternate conversion (“Alternate Conversion”) and may have elected 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 $ 218.32 218.32 The Senior Convertible Note included a 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 $ 218.32 (the “Conversion Floor Price”), the Holder may have elected the Alternate Conversion option that includes a make-whole provision payable to the Holder in cash. Through April 28, 2023, the date of the Senior Convertible Note was converted to Series C Convertible Preferred Stock (Note 16), 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 June 30, 2022, the Company estimated it would have been required to issue up to 160,315 shares of Common Stock under the Alternate Conversion make whole provision of the Senior Convertible Note, respectively. Due to the conversion to the Series C Convertible Preferred Stock the recorded derivative liability, as of March 31, 2023, related to the make whole provision of $ 1,963,906 1,862,000,000 Until April 28, 2023, and the conversion of the Senior Convertible Note into the Series C Convertible Preferred Stock, under the Senior Convertible Note, and consistent with the Old Senior Convertible Note, the Company was 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 was also subject to certain financial debt covenants relating to available cash, minimum annual revenues, ratio of debt to market capitalization and minimum cash flow. As noted above, at June 30, 2022, the Company was in default under the terms of the Senior Convertible Note, and the Company recognized its obligation under the Senior Convertible Note as a current liability in the consolidated balance sheet. 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 32,515,000 2,485,000 20,000 20,000 26,680,000 1,750.00 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 2,000 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 In consideration for the October 13, 2021 waiver, the Company agreed to permit the conversion of up to $ 7,500,000 7,500,000 25,145 5,999,662 28,478,804 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 Make-Whole Derivative Liability Prior to the conversion of the Senior Convertible Note into the Series C Convertible Preferred Stock, the make-whole provision in the Senior Convertible Note was a derivative liability. 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. On April 28, 2023, the date of the conversion of the Senior Convertible Note into the Series C Convertible Preferred Stock the derivative liability was eliminated and no balance is recorded in the consolidated balance sheet at June 30, 2023. The Company recognized a gain in the Change in fair value of derivative liability on Senior Convertible Note of $ 7,435,687 1,963,906 Prior to the conversion of the Senior Convertible Note into the Series C Convertible Preferred Stock, the Senior Convertible Note agreement included a 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 $ 218.32 9,399,620 180,000,000 9,399,620 Warrants September 2022 Warrants On September 19, 2022, the Company completed, an equity offering in which it sold 300,000 25.00 300,000 25.00 36,000 25.00 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 $ 25.00 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 warrants are not callable by the Company. 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 $ 5,286,288 251,876 5,034,412 March 2022 Warrants On March 2, 2022, the Company completed the March 2022 Offering, an equity offering in which it sold 150,000 100.00 150,000 100.00 22,500 100.00 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 $ 100.00 The March 2022 Warrants are callable by the Company should the volume weighted average share price of the Company exceed $300.00 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 2,070,000 113,850 1,956,150 7,483,500 Series A and Series B Warrants On June 2, 2021, the Company issued 20,000 20,000 1,750.00 1,750.00 The Series A Warrants are callable by the Company should the volume weighted average share price of the Company exceed $3,250.00 for each of 30 consecutive trading days following the date such warrants become eligible for exercise. The Series A 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 0 122,730 23,377,270 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.

Commitments and contingencies

Commitments and contingencies	12 Months Ended
	Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and contingencies	Note 13 – 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 2,545,000 825,000 444,304 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 $ 1,550,000 500 10 years 1,250,000 100 1,250,000 100 1,358,168 1,250,000 385,000 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 1,000 100,000,000 1,000 200,000,000 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 year ended June 30, 2023 and 2022, the Company recorded $ 1,370,611 1,090,523 340,000 209,000 Contingencies On December 23, 2022, Grant Johnson resigned from the Board. Mr. Johnson resigned following his termination for cause, by the Board, from his position as Chairman and Chief Executive Officer of the Company, effective December 3, 2022. As a result, Mr. Johnson is no longer an officer or director of the Company. On January 6, 2023, Mr. Johnson, filed a lawsuit in the United States 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 2,000 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 June 30, 2023 and 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	12 Months Ended
	Jun. 30, 2023
Revenue from Contract with Customer [Abstract]
Revenue and Geographic Information	Note 14 – 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 Lucky Dino, Argyll (until November 30, 2022 when no further bets were taken as part of the winding down of the Argyll operations), Bethard (until February 2023 when the operations of Bethard were sold), EGL (until disposed of on June 30, 2023) (Note 3), 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 GGC and Helix (until June 10, 2022 when the Helix Game Centers were disposed) principally service customers in the United States. The Company’s remaining businesses of Lucky Dino and GGC will be the primary revenue generators in fiscal 2024. A disaggregation of revenue by type of service for the year ended June 30, 2023 and 2022 is as follows: Schedule of Disaggregated by Revenue 2023 2022 Year ended June 30, 2023 2022 Online betting and casino revenues $ 19,690,722 $ 53,104,795 Esports and other revenues 3,275,082 5,246,855 Total $ 22,965,804 $ 58,351,650 Revenue $ 22,965,804 $ 58,351,650 A summary of revenue by geography follows for the year ended June 30, 2023 and 2022 is as follows: Schedule of Revenues with Customers and Long-lived Assets by Geographical Area Year ended June 30, 2023 2022 United States $ 2,499,554 $ 4,799,084 International 20,466,250 53,552,566 Total $ 22,965,804 $ 58,351,650 Revenue $ 22,965,804 $ 58,351,650 The Company’s revenue from EEG iGaming is principally recognized at the point in time when gaming occurs. The Company’s EEG Games revenue is recognized at a point in time for hardware and equipment and consulting services typically when a customer obtains control or receives the service and over time for subscriptions, maintenance, licensing and event management using the input method of time lapsed to measure the progress toward satisfying the performance obligation. A summary of revenue by recognized at point in time or over time is the year ended June 30, 2023 and 2022 is as follows: Schedule of Company’s revenue recognized at point in time or over time 2023 2022 Year ended June 30, 2023 2022 Point in time $ 20,719,613 $ 56,255,133 Over time 2,246,191 2,096,517 Total $ 22,965,804 $ 58,351,650 Revenue $ 22,965,804 $ 58,351,650 The deferred revenue balances were as follows: Schedule of deferred revenue June 30, 2023 June 30, 2022 Deferred revenue, beginning of the year $ 575,097 $ 22,110 Deferred revenue, end of the year $ 989,027 575,097 Revenue recognized in the year from amounts included in deferred revenue at the beginning of the year $ 514,584 $ 22,110 Deferred revenue $ 514,584 $ 22,110 The majority of the deferred revenue is expected to be recognized over the twelve months ending June 30, 2024. A summary of long-lived assets by geography as at June 30, 2023 and 2022 follows: Schedule of long-lived assets June 30, 2023 June 30, 2022 United States $ 5,146,469 $ 8,271,360 International 12,911,774 46,620,831 Total $ 18,058,243 $ 54,892,191 Long-lived assets $ 18,058,243 $ 54,892,191

Mezzanine Equity

Mezzanine Equity	12 Months Ended
	Jun. 30, 2023
Equity [Abstract]
Mezzanine Equity	Note 15 – Mezzanine Equity 10% Series A Cumulative Redeemable Convertible Preferred Stock The Company is authorized to issue 10,000,000 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 10 10.0 % per annum. Redemption and Liquidation The 10 The 10 10 During the continuance of any arrearages in dividends for any past monthly dividend period or a failure in fulfillment of any redemption obligation on Series A Convertible Preferred Stock, except as otherwise permitted by the Certificate of Designation of the 10 10 80 10 10 Upon any liquidation, dissolution or winding-up of the Company, the holders of the 10 11.00 10 10 Voting Rights The holders of the 10 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 Chief Financial Officer 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 Conversion The Series B Preferred Stock was not convertible. Dividends The holder of Series B Preferred Stock, as such, was 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 had no voting rights, except that the holder of Series B Preferred Stock had 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 had 25,000,000 votes per share. 0.001 The shares of Series B Preferred Stock was voted, without action by the holder, on the Reverse Stock Split Proposal in the same proportion as shares of Common Stock were voted (excluding any shares of Common Stock that were 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 did not apply on any other resolution presented to the stockholders of the Company). Liquidation The Series B Preferred Stock had 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 did 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 were to be redeemed in whole, but not in part, at any time (i) if such redemption was 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” meant the effective time of the redemption. Each share of Series B Preferred Stock redeemed in the redemption was to 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 were called for redemption (whether automatically or otherwise) in accordance with the above, such shares of Series B Preferred Stock were to cease to be outstanding, and the only right of the former holder of such shares of Series B Preferred Stock, as such, was to receive the applicable Redemption Price. The shares of Series B Preferred Stock redeemed by the Company were to 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 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 was not mandatorily redeemable, but rather was only contingently redeemable, and given that the redemption events were not certain to occur, the shares were not accounted for as a liability. As the Series B Redeemable Preferred Stock was 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 consolidated balance sheets.

Equity

Equity	12 Months Ended
	Jun. 30, 2023
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 therefor if the Board, in its discretion, determines to issue dividends and then only at the times and in the amounts that the Board 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 Upon the dissolution, liquidation or winding up of the Company, after payment or provision for payment of the debts and other liabilities of the Company and subject to the rights, if any, of the holders of any outstanding series of Preferred Stock or any class or series of stock having a preference over or the right to participate with the Common Stock with respect to the distribution of assets of the Company upon such dissolution, liquidation or winding up of the Company, the holders of Common Stock shall be entitled to receive the remaining assets of the Company available for distribution to its stockholders ratably in proportion to the number of shares held by them. The following is a summary of common stock issuances for the year ended June 30, 2023: ● During the year ended June 30, 2023, as part of the September 2022 Offering, the Company sold 300,000 25.00 25.00 7,536,000 1,568,130 6,854,418 681,582 5,286,288 2,778,427 2,265,927 50 2,000,000 7 512,500 ● During the year ended June 30, 2023, on December 21, 2022, the Company closed an offering (the “Registered Direct Offering”) in which it sold: (a) 70,650 178,500 9.37 0.10 2,316,686 2,316,686 170,001 2,146,685 1,073,343 1,073,343 178,500 17,850 ● During the year ended June 30, 2023, the Company and the Holder of our Senior Convertible Note effected debt for equity exchanges under the Senior Convertible Note of $ 19,261,583 2,242,143 3,616,372 ● During the year ended June 30, 2023, in connection with his appointment as Chief Executive Officer, the Company granted the Chief Executive Officer, Mr. Igelman, an award of 25,000 7.36 ● During the year ended June 30, 2023, the Company issued 111,391 131,330 ● During the year ended June 30, 2023, in connection with the Reverse Stock Split, the Company issued 36,781 The following is a summary of Common Stock issuances for the year ended June 30, 2022: ● During the year ended June 30, 2022, as part of the March 2022 Offering, the Company sold 150,000 100.00 100.00 15,020,925 3,449,925 13,625,925 1,395,000 9,553,500 607,500 35,000,000 ● During the year ended June 30, 2022, the Company issued 3,325 224.84 748,149 ● During the year ended June 30, 2022, the Company issued 140 481.95 67,479 ● During the year ended June 30, 2022, the Company issued 11,658 4,005,267 3,885,109 343.56 ● During the year ended June 30, 2022, the holder of the Senior Convertible Note converted an aggregate conversion value of $ 10,652,648 25,145 423.57 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 11,658 4,005,267 Subsequent to year ended June 30, 2023, on September 15, 2023, the Company entered into a new “at the market” equity offering program to sell up to an aggregate of $ 7,186,257 Common Stock Warrants On May 22, 2023, closed the issuance of the Series D Preferred Stock, that included the issuance of (i) 4,300 1,000 1,433,333 1.96 4,300 1,000 4,300,000 341,000 3,959,000 On December 21, 2022, the Company entered into a securities purchase agreement with an institutional investor. The offering included (a) 70,650 178,500 9.37 0.10 0.10 178,500 17,850 On September 19, 2022, the Company closed the September 2022 Offering, in which it sold 300,000 25.00 300,000 25.00 36,000 1.00 36,000 September 19, 2027 On March 2, 2022, the Company closed the March 2022 Offering, in which it sold 150,000 100.00 150,000 100.00 22,500 1.00 20,925 March 2, 2027 On June 2, 2021, the Company issued 20,000 20,000 1,750.00 June 2, 2025 June 2, 2023 On April 16, 2020, the Company closed an offering, (the “April 2020 Offering”), in which it sold 19,800 39,600 425 2,094 2,094 1.00 11,368 April 14, 2025 no In connection with the April 2020 Offering the Company also issued 12,172 24,345 425 4,138,585 406 Subsequent to year end, on August 15, 2023, the Company closed August RD SPA agreement with the Holder. The August RD SPA relates to the offering of (i) 1,000,000 0.001 0.1935 4,167,959 0.1935 0.001 0.001 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 53,506 1,418.98 3.14 8,743,588 Issued 172,500 100.00 Exercised — — Forfeited or cancelled — — Outstanding, June 30, 2022 226,006 412.26 4.07 — Issued 1,947,833 7.83 Exercised (178,500 ) 0.10 Forfeited or cancelled (20,000 ) 1,750.00 Outstanding June 30, 2023 1,975,339 1.76 4.63 — Common Stock Options On September 10, 2020, the Board 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 15,000 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 2,340 shares 22,019 16,398 25,000 7.70 A summary of the Company’s stock option activity is as follows: Schedule of Stock Option Activity Number of Options Weighted Average Exercise Price Outstanding, June 30, 2021 4,747 $ 549.29 Granted 11,202 671.00 Exercised (140 ) 482.00 Cancelled (4,704 ) 653.64 Outstanding, June 30, 2022 11,105 628.71 Granted 25,000 7.36 Exercised - - Cancelled (5,484 ) 616.54 Outstanding, June 30, 2023 30,621 $ 123.88. As of June 30, 2023, the weighted average remaining life of the options outstanding was 8.35 18,121 706.40 42,156 six months Stock Based Compensation During the years ended June 30, 2023 and 2022, the Company recorded stock-based compensation expense of $ 964,147 5,165,653 As of June 30, 2023, other than the amounts related to the Chief Executive Officer’s stock options of $ 42,156 0.5 25,000 Schedule of Weighted Average Assumptions Valued Using Black-Scholes Option Pricing Model Year ended Expected term, in years 5 Expected volatility 164.62 % Risk-free interest rate 4.09 % Dividend yield — Grant date fair value $ 3.68 As of June 30, 2022, unamortized stock compensation for stock options was $ 1,074,485 0.25 Year ended Expected term, in years 2.81 Expected volatility 150.82 % Risk-free interest rate 0.45 % Dividend yield — Grant date fair value $ 534.00 Preferred Stock The Company is authorized to issue 10,000,000 Series C Convertible Preferred Stock On April 19, 2023, the Company entered into an agreement with the Holder (the “Note to Preferred Stock Exchange Agreement”) to convert the $ 15,230,024 20,000 15,230 0.001 1,000 The terms and provisions of the Series C Preferred Stock were set forth in a Series C Convertible Preferred Stock Certificate of Designations (the “Series C Certificate of Designations”), filed and effective with the Secretary of State of the State of Nevada in connection with the closing on April 28, 2023. The transactions contemplated by the Note to Preferred Stock Exchange Agreement and the Series C Certificate of Designations were approved by our Board. Ranking The Series C Preferred Stock, with respect to the payment of dividends, distributions and payments upon the liquidation, dissolution and winding up of the Company, ranks equal to the 10 Adjustments In the event that the Company grants, issues or sells (or enters into any agreement to grant, issue or sell), or is deemed to have granted, issued or sold, any shares of common stock, but excluding certain excluded issuances as described in the Series C Certificate of Designation, for a consideration per share (the “New Issuance Price”) less than a price equal to the Conversion Price in effect immediately prior to such granting, issuance or sale or deemed granting, issuance or sale (the foregoing a “Dilutive Issuance”), then, immediately after such Dilutive Issuance, the Conversion Price then in effect shall be reduced to an amount equal to the New Issuance Price, subject to certain exceptions described in the Series C Certificate of Designations. If the Company effects any stock split, stock dividend, recapitalization or otherwise or any combination, reverse stock split or otherwise then in each such case the calculations with respect to the Conversion Price and similar terms shall be adjusted accordingly, all as more fully described in the Series C Certificate of Designations. If there occurs any stock split, stock dividend, stock combination recapitalization or other similar transaction involving the common stock (each, a “Stock Combination Event”, and such date thereof, the “Stock Combination Event Date”) and the Event Market Price (as defined below) is less than the Conversion Price then in effect (after giving effect to the automatic adjustment above), then on the sixteenth (16th) trading day immediately following such Stock Combination Event Date, the Conversion Price then in effect on such sixteenth (16th) trading day (after giving effect to the automatic adjustment above) shall be reduced to the Event Market Price. “Event Market Price” means, with respect to any Stock Combination Event Date, 80 Purchase Rights If at any time the Company grants, issues or sells any options, convertible securities, or rights to purchase stock, warrants, securities or other property pro rata to all or substantially all of the record holders of any class of Common Stock (the “Purchase Rights”), then each holder of Series C Preferred Stock will be entitled to acquire, upon the terms applicable to such Purchase Rights, the aggregate Purchase Rights which such holder of Series C Preferred Stock could have acquired if such holder of Series C Preferred Stock had held the number of shares of common stock acquirable upon complete conversion of all the Series C Preferred Stock held by such holder of Series C Preferred Stock immediately prior to the date as of which the record holders of shares of common stock are to be determined for the grant, issue or sale of such Purchase Rights; subject to certain limitations on beneficial ownership. Conversion The Series C Certificate of Designations contemplates that the Series C Preferred Stock will be convertible into common stock (the “Conversion Shares”) at the option of the holder of Series C Preferred Stock at any time from time to time after the date of issuance thereof. The number of Conversion Shares issuable upon conversion of any share of Series C Preferred Stock shall be determined by dividing (x) the Conversion Amount (as defined below) of a share of Series C Preferred Stock by (y) the lower of (i) the Conversion Price (as defined below); and (ii) the Alternate Conversion Price (as defined below), subject to the Floor Price (as defined below). “Conversion Amount” shall mean, with respect to each share of Series C Preferred Stock, the sum of (A) $ 1,000 2.50 90 0.44 Liquidation In the event of a liquidation, the holders of Series C Preferred Stock shall be entitled to receive in cash out of the assets of the Company, whether from capital or from earnings available for distribution to its shareholders (the “Liquidation Funds”), before any amount shall be paid to the holders of any of shares of common stock or other junior stock, but pari passu with any parity stock then outstanding, such as the Series A Preferred Stock, an amount per preferred share equal to the greater of (A) 125 In addition, the Company will provide the holders of Series C Preferred Stock with notice of certain triggering events as defined in the Series C Certificate of Designations (each a “Triggering Event”) or if a holder of Series C Preferred Stock holder of Series C Preferred Stock Mandatory Redemption on Bankruptcy Triggering Event Upon any Bankruptcy Triggering Event, the Company shall immediately redeem, in cash, each share of Series C Preferred Stock then outstanding at a redemption price equal to the greater of (i) the product of (A) the Conversion Amount to be redeemed multiplied by (B) 115 115 Dividends Dividends on the Series C Preferred Stock will accrue daily at a rate equal to 8.0 0.50 Beneficial Ownership Limitation The Series C Preferred Stock cannot be converted into common stock if the holder of Series C Preferred Stock 9.99 holder of Series C Preferred Stock 9.99 Voting Rights The holders of the Series C Preferred Stock shall have no voting power and no right to vote on any matter at any time, either as a separate series or class or together with any other series or class of shares of capital stock, and shall not be entitled to call a meeting of such holders of Series C Preferred Stock Without first obtaining the affirmative vote of the Holder, voting together as a single class, the Company shall not: (a) amend or repeal any provision of, or add any provision to, its Certificate of Incorporation or Bylaws, or file any Certificate of Designations or articles of amendment of any series of shares of preferred stock, if such action would adversely alter or change in any respect the preferences, rights, privileges or powers, or restrictions provided for the benefit of the Series C Preferred Stock hereunder, regardless of whether any such action shall be by means of amendment to the Certificate of Incorporation or by merger, consolidation or otherwise; (b) increase or decrease (other than by conversion) the authorized number of Series C Convertible Preferred Stock; (c) create or authorize (by reclassification or otherwise) any new class or series of Senior Preferred Stock or Parity Stock; (d) purchase, repurchase or redeem any shares of Junior Stock (other than pursuant to the terms of the Company’s equity incentive plans and options and other equity awards granted under such plans (that have in good faith been approved by the Board)); (e) pay dividends or make any other distribution on any shares of any Junior Stock; (f) issue any preferred stock other than as contemplated hereby or pursuant to the Exchange Agreement; or (g) whether or not prohibited by the terms of the Series C Preferred Stock, circumvent a right of the Series C Preferred Stock under the Certificate of Series C Certificate of Designations. Other Terms The terms of the Series C Preferred Stock prohibit the Company from subsequent financings at a price below the Conversion Price, unless approved by the holder of Series C Preferred Stock The Holder has the option to require the Company to use 50 The holder of Series C Preferred Stock The Conversion price has been subsequently impacted by the August 2023 Settlement Agreement, dated August 15, 2023 and the October 2023 Settlement Agreement, dated October 6, 2023 (Note 21). Series D Convertible Preferred Stock On April 30, 2023, the Company entered into and on May 22, 2023 subsequently closed the Securities Purchase Agreement (the “Series D SPA”) with the Holder. The Company designated 10,000 shares of preferred stock Series D Convertible Preferred Stock. The Series D SPA direct offering to the Holder included (i) 4,300 shares of new Series D Preferred Stock, $0.001 par value per share, for a price of $1,000 per share, (ii) common warrants to purchase 1,433,333 shares of our Common Stock at a price of $1.96 per share (the “Series D Preferred Common Warrants”), and (iii) preferred warrants to purchase 4,300 shares of our Series D Preferred Stock at a price of $1,000 per share 4,300,000 341,000 3,959,000 2,548,758 32,364 1,718,878 Schedule of Warrants Outstanding Fair Value Assumption May 22, 2023 Expected term, in years 2.00 Expected volatility 141.66 % Risk-free interest rate 4.18 % Discount rate 20.00 % Stock price $ 2.17 The Series D Preferred Warrants were valued by subtracting the stated value of the Series D Preferred Stock from the fair value of the Series D Preferred Stock on May 22, 2023,

The Company calculated the fair

The Company calculated the fair value of the Series D Common Warrants using a Black Scholes valuation model with the following assumptions:	12 Months Ended
	Jun. 30, 2023
The Company calculated the fair value of the Series D Common Warrants using a Black Scholes valuation model with the following assumptions:	The September 2022 Warrants were classified as Level 3 as they are plain vanilla warrants and are not callable by the Company (Note 12). The September 2022 Warrants were valued using a Black Scholes valuation model on issuance at September 19, 2022 and for the warrants outstanding at June 30, 2023 with the following assumptions: Schedule of Warrants Outstanding Fair Value Assumption June 30, 2023 September 19, 2022 Contractual term, in years 5.00 5.00 Expected volatility 154 % 167 % Risk-free interest rate 4.27 % 3.69 % Dividend yield - - Conversion / exercise price $ 25.00 $ 25.00 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 12). The March 2022 Warrants outstanding at June 30, 2023 and 2022 were valued using the following assumptions: June 30, 2023 June 30, 2022 Contractual term, in years 5.00 5.00 Active market Nasdaq Nasdaq Market price $ 0.66 $ 12.00 The Series A outstanding at June 30, 2023 and the Series A and Series B outstanding at June 30, 2022 were valued using a Monte Carlo valuation model with the following assumptions: June 30, 2023 June 30, 2022 Contractual term, in years 4.00 2.00 4.00 Expected volatility 152 % 120 140 Risk-free interest rate 4.90 % 0.24 0.65 Dividend yield — — Conversion / exercise price $ 1,750.00 $ 1,750.00 The Series B expired on June 2, 2023. The derivative liability on Senior Convertible Note was eliminated on the April 28, 2023, on the conversion of the Senior Convertible Note to the Series C Preferred Stock (Note 12). The value of the derivative liability on the Senior Convertible Note at June 30, 2022 was valued using a nonperformance risk adjusted Monte Carlo valuation model with the following assumptions: June 30, 2022 Contractual term, in years 0.92 Expected volatility 137.11 % De-leveraged volatility 62.88 % Risk-free interest rate 2.72 % Dividend yield — Conversion / exercise price $ 218.32
Series D Common Warrant [Member]
The Company calculated the fair value of the Series D Common Warrants using a Black Scholes valuation model with the following assumptions:	The Company calculated the fair value of the Series D Common Warrants using a Black Scholes valuation model with the following assumptions: Schedule of Warrants Outstanding Fair Value Assumption May 22, 2023 Contractual term, in years 5.00 Expected volatility 165 % Risk-free interest rate 3.77 % Dividend yield - Conversion / exercise price $ 1.96 Issuances of shares of common stock upon conversion of the Series D Preferred Stock and Common Warrants in excess of 20 The terms and provisions of the Series D Preferred Stock were set forth in a Series D Convertible Preferred Stock Certificate of Designations (the “Series D Certificate of Designations”), filed and effective with the Secretary of State of the State of Nevada in connection with the closing on May 22, 2023. Ranking The Series D Preferred Stock, with respect to the payment of dividends, distributions and payments upon the liquidation, dissolution and winding up of the Company, ranks equal to the 10% Series A Cumulative Redeemable Convertible Preferred Stock and the Series C Preferred Stock and is senior to all common stock of the Company unless the Investor consents to the creation of other capital stock of the Company that is senior or equal in rank to the Series D Preferred Stock. Adjustments In the event that the Company grants, issues or sells (or enters into any agreement to grant, issue or sell), or is deemed to have granted, issued or sold, any shares of common stock, but excluding certain excluded issuances as described in the Series D Certificate of Designation, for a consideration per share (the “New Issuance Price”) less than a price equal to the Conversion Price in effect immediately prior to such granting, issuance or sale or deemed granting, issuance or sale (the foregoing a “Dilutive Issuance”), then, immediately after such Dilutive Issuance, the Conversion Price then in effect shall be reduced to an amount equal to the New Issuance Price, subject to certain exceptions described in the Series D Certificate of Designations. If the Company effects any stock split, stock dividend, recapitalization or otherwise or any combination, reverse stock split or otherwise then in each such case the calculations with respect to the Conversion Price and similar terms shall be adjusted accordingly, all as more fully described in the Series D Certificate of Designations. If there occurs any stock split, stock dividend, stock combination recapitalization or other similar transaction involving the common stock (each, a “Stock Combination Event”, and such date thereof, the “Stock Combination Event Date”) and the Event Market Price (as defined below) is less than the Conversion Price then in effect (after giving effect to the automatic adjustment above), then on the sixteenth (16th) trading day immediately following such Stock Combination Event Date, the Conversion Price then in effect on such sixteenth (16th) trading day (after giving effect to the automatic adjustment above) shall be reduced to the Event Market Price. “Event Market Price” means, with respect to any Stock Combination Event Date, 80 Purchase Rights If at any time the Company grants, issues or sells any options, convertible securities, or rights to purchase stock, warrants, securities or other property pro rata to all or substantially all of the record holders of any class of Common Stock (the “Purchase Rights”), then each holder of Series D Preferred Stock will be entitled to acquire, upon the terms applicable to such Purchase Rights, the aggregate Purchase Rights which such holder of Series D Preferred Stock could have acquired if such holder of Series D Preferred Stock had held the number of shares of common stock acquirable upon complete conversion of all the Series D Preferred Stock held by such holder of Series D Preferred Stock immediately prior to the date as of which the record holders of shares of common stock are to be determined for the grant, issue or sale of such Purchase Rights; subject to certain limitations on beneficial ownership. Conversion The Series D Certificate of Designations contemplates that the Series D Preferred Stock will be convertible into common stock (the “Conversion Shares”) at the option of the holder of Series D Preferred Stock at any time from time to time after the date of issuance thereof. The number of Conversion Shares issuable upon conversion of any share of Series D Preferred Stock shall be determined by dividing (x) the Conversion Amount (as defined below) of a share of Series D Preferred Stock by (y) the lower of (i) the Conversion Price (as defined below); and (ii) the Alternate Conversion Price (as defined below), subject to the Floor Price (as defined below). “Conversion Amount” shall mean, with respect to each share of Series D Preferred Stock, the sum of (A) $ 1,000 (such amount, subject to adjustment, the “Stated Value”) and (B) all declared and unpaid dividends with respect to such Stated Value and all declared and unpaid dividends as of such date of determination and any other amounts owed under the Series D Certificate of Designations. “Conversion Price” means, with respect to each Series D Preferred Stock, as of any conversion date or other date of determination, a price that is $3.00, subject to adjustment as provided in the Series D Certificate of Designations. “Alternate Conversion Price” shall mean with respect to any Alternate Conversion that price which shall be the lowest of (i) the applicable Conversion Price as in effect on the applicable Conversion Date of the applicable Alternate Conversion, and (ii) the greater of (x) the Floor Price and (y) 90% of the lowest VWAP of the Common Stock during the ten (10) consecutive Trading Day period ending and including the Trading Day of the applicable Conversion Notice (such period, the “Alternate Conversion Measuring Period”). All such determinations to be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or similar transaction that proportionately decreases or increases the Common Stock during such Alternate Conversion Measuring Period. “Floor Price” shall mean $ 0.39 . Liquidation In the event of a liquidation, the holders of Series D Preferred Stock shall be entitled to receive in cash out of the assets of the Company, whether from capital or from earnings available for distribution to its shareholders (the “Liquidation Funds”), before any amount shall be paid to the holders of any of shares of common stock or other junior stock, but pari passu with any parity stock then outstanding, such as the Series A Preferred Stock, an amount per preferred share equal to the greater of (A) 125 In addition, the Company will provide the holders of Series D Preferred Stock with notice of certain triggering events as defined in the Series D Certificate of Designations (each a “Triggering Event”) or if a holder of Series D Preferred Stock holder of Series D Preferred Stock Mandatory Redemption on Bankruptcy Triggering Event Upon any Bankruptcy Triggering Event, the Company shall immediately redeem, in cash, each share of Series D Preferred Stock then outstanding at a redemption price equal to the greater of (i) the product of (A) the Conversion Amount to be redeemed multiplied by (B) 115 115 Dividends Dividends on the Series D Preferred Stock will accrue daily at a rate equal to 8.0 0.50 Beneficial Ownership Limitation The Series D Preferred Stock cannot be converted into common stock if the holder of Series D Preferred Stock 9.99 holder of Series D Preferred Stock 9.99 Voting Rights The holders of the Series D Preferred Stock shall have no voting power and no right to vote on any matter at any time, either as a separate series or class or together with any other series or class of share of capital stock, and shall not be entitled to call a meeting of such holders of Series D Preferred Stock Without first obtaining the affirmative vote of the Holder, voting together as a single class, the Company shall not: (a) amend or repeal any provision of, or add any provision to, its Certificate of Incorporation or Bylaws, or file any Certificate of Designations or articles of amendment of any series of shares of preferred stock, if such action would adversely alter or change in any respect the preferences, rights, privileges or powers, or restrictions provided for the benefit of the Series D Preferred Stock hereunder, regardless of whether any such action shall be by means of amendment to the Certificate of Incorporation or by merger, consolidation or otherwise; (b) increase or decrease (other than by conversion) the authorized number of Series D Preferred Stock; (c) create or authorize (by reclassification or otherwise) any new class or series of Senior Preferred Stock or Parity Stock; (d) purchase, repurchase or redeem any shares of Junior Stock (other than pursuant to the terms of the Company’s equity incentive plans and options and other equity awards granted under such plans (that have in good faith been approved by the Board)); (e) pay dividends or make any other distribution on any shares of any Junior Stock; (f) issue any preferred stock other than as contemplated thereby or pursuant to the Securities Purchase Agreement; or (g) whether or not prohibited by the terms of the Series D Preferred Stock, circumvent a right of the Series D Preferred Stock under the Series D Certificate of Designations. Other Terms The terms of the Series D Preferred Stock prohibit the Company from subsequent financings at a price below the Conversion Price, unless approved by the holder of Series D Preferred Stock The Holder has the option to require the Company to use 50 The holder of Series D Preferred Stock The Conversion price has been subsequently impacted by the August 2023 Settlement Agreement, dated August 15, 2023 and the October 2023 Settlement Agreement, dated October 6, 2023. Common Warrants and Preferred Warrants The Series D Common Warrants and Series D Preferred Warrants expire in five years 4.99 9.99 If and when the Series D Preferred Warrants are exercised, pursuant to the terms of the Series D Common Warrants, the number of shares of common stock that will be issuable under the Series D Common Warrants will increase by an amount equal to the aggregate value of the shares of Series D Preferred Stock (including any dividends or other amounts thereon) divided by the Alternate Conversion Price (as defined in the Certificate of Designations for the Series D Preferred Stock). The Series D Common Warrants and Series D Preferred Warrants contain customary anti-dilution protection for the Holder and anti-dilution protection in the event of certain dilutive issuances. In addition, the Common Warrants provide the Holder with certain purchase rights in subsequent issuances or sales of securities by the Company. Registration Right Agreement Pursuant to a Registration Rights Agreement (the “Series D RRA”) between the Holder and the Company, the Company intends to grant certain registration rights to the Investor. The Series D SPA requires the Company to file a registration statement covering the resale of the shares of Common Stock underlying the shares of Series D Preferred Stock to be issued in the offering and the shares of common stock issued upon exercise of the Common Warrants. The Series D SPA also covers the conversion of any shares of Series D Preferred Stock issued upon exercise of the Preferred Warrants. The Company was required to file the registration statement within 60 days from the closing of the transactions contemplated by the Series D SPA and cause the registration statement to be declared effective within 120 days after the closing of the transactions contemplated by the Securities Purchase Agreement. The Series D SPA contains mutual customary indemnification provisions among the parties and requires the Company to make certain cash payments in connection with the delay in the filing of a registration statement for the purpose of registering the resale of the common stock issuable under the Holder’s Series D Preferred Stock and common warrants, despite the Company’s best efforts. As of October 12, 2023, one business day preceding this filing, the Company was obligated to pay to the Holder RRA Fees of approximately $ 63,000

Other Non-Operating Income (Los

Other Non-Operating Income (Loss), Net	12 Months Ended
	Jun. 30, 2023
Other Income and Expenses [Abstract]
Other Non-Operating Income (Loss), Net	Note 17 – Other Non-Operating Income (Loss), Net Other non-operating income (loss), net, for the years ended June 30, 2023 and 2022 was as follows: Schedule of Other Non Operating Income Loss Net June 30, 2023 June 30, 2022 Foreign exchange loss $ (108,175 ) $ (149,573 ) Gain on sale of business - 1,069,262 Other non-operating loss (52,101 ) (1,504,155 ) Total $ (160,276 ) $ (584,466 ) On June 10, 2022, the Company entered into and consummated the transaction contemplated by that certain asset purchase agreement by and between the Company and SCV CAPITAL, LLC (the “Buyer”) pursuant to which the Buyer agreed to acquire from the Company the Helix assets related to the Company’s ownership and operation of Helix Game Centers. The total purchase price for the Helix Game Centers was approximately $ 1,200,000 1,069,262 1,500,000

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Jun. 30, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 18 – Fair Value Measurements The following financial instruments were measured at fair value on a recurring basis: Schedule of Fair Value of Financial Instruments June 30, 2023 Total Level 1 Level 2 Level 3 Contingent consideration (Note 3 & Note 17) $ — $ — $ — $ — Liability for the March 2022 Warrants (Note 12) $ 113,850 $ 113,850 $ — $ — Liability for the September Warrants (Note 12) $ 251,876 $ — $ — $ 251,876 Liability for the Series A Warrants (Note 12) $ — $ — $ — $ — The contingent consideration was settled on February 24, 2023, as part of the disposal of the Bethard Business (Note 3 and Note 17) and the derivative liability on Senior Convertible Note was eliminated on the April 28, 2023, on the conversion of the Senior Convertible Note to the Series C Preferred Stock (Note 16). June 30, 2022 Total Level 1 Level 2 Level 3 Contingent consideration (Note 3) $ 3,328,361 $ — $ — $ 3,328,361 Liability for the March 2022 Warrants (Note 12) $ 2,070,000 $ 2,070,000 $ — $ — Liability for the Series A and Series B Warrants (Note 12) $ 122,730 $ — $ — $ 122,730 Derivative liability on Senior Convertible Note (Note 12) $ 9,399,620 $ — $ — $ 9,399,620 A summary of the changes in Level 3 financial instruments for the years ended June 30, 2023 and 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, 2021 $ 23,500,000 $ — $ — Change in fair value of Series A and Series B Warrants issued with Senior Convertible Note (Note 12) (23,377,270 ) — — Fair value of contingent consideration for Bethard at acquisition (Note 3) — 6,700,000 — Payments of Bethard contingent consideration — (1,016,331 ) — Change in fair value of Bethard contingent consideration liability (Note 3) — (2,355,308 ) — Fair value of derivative liability on Senior Convertible Note (Note 12) — 20,281,861 Change in the fair value of the derivative liability on Senior Convertible Note (Note 12) — — (10,882,241 ) Balance at June 30, 2022 122,730 3,328,361 9,399,620 Fair value of the September 2022 Warrants (Note 12) 5,286,288 — — Change in fair value of September 2022 Warrants (Note 12) (5,034,412 ) — — Change in fair value of Series A and Series B Warrants issued with Senior Convertible Note (Note 12) (122,730 ) — — Change in fair value of Bethard contingent consideration liability (Note 3) — 2,864,551 — Elimination of Bethard contingent consideration liability on sale of Bethard (Note 3) — (6,192,912 ) — Change in the fair value of the derivative liability on Senior Convertible Note (Note 12) — — (9,399,620 ) Balance at June 30, 2023 $ 251,876 $ — $ — The September 2022 Warrants were classified as Level 3 as they are plain vanilla warrants and are not callable by the Company (Note 12). The September 2022 Warrants were valued using a Black Scholes valuation model on issuance at September 19, 2022 and for the warrants outstanding at June 30, 2023 with the following assumptions: Schedule of Warrants Outstanding Fair Value Assumption June 30, 2023 September 19, 2022 Contractual term, in years 5.00 5.00 Expected volatility 154 % 167 % Risk-free interest rate 4.27 % 3.69 % Dividend yield - - Conversion / exercise price $ 25.00 $ 25.00 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 12). The March 2022 Warrants outstanding at June 30, 2023 and 2022 were valued using the following assumptions: June 30, 2023 June 30, 2022 Contractual term, in years 5.00 5.00 Active market Nasdaq Nasdaq Market price $ 0.66 $ 12.00 The Series A outstanding at June 30, 2023 and the Series A and Series B outstanding at June 30, 2022 were valued using a Monte Carlo valuation model with the following assumptions: June 30, 2023 June 30, 2022 Contractual term, in years 4.00 2.00 4.00 Expected volatility 152 % 120 140 Risk-free interest rate 4.90 % 0.24 0.65 Dividend yield — — Conversion / exercise price $ 1,750.00 $ 1,750.00 The Series B expired on June 2, 2023. The derivative liability on Senior Convertible Note was eliminated on the April 28, 2023, on the conversion of the Senior Convertible Note to the Series C Preferred Stock (Note 12). The value of the derivative liability on the Senior Convertible Note at June 30, 2022 was valued using a nonperformance risk adjusted Monte Carlo valuation model with the following assumptions: June 30, 2022 Contractual term, in years 0.92 Expected volatility 137.11 % De-leveraged volatility 62.88 % Risk-free interest rate 2.72 % Dividend yield — Conversion / exercise price $ 218.32 The fair value of a derivative instrument in a liability position included measures of the Company’s nonperformance risk. The following is information relative to the Company’s derivative instruments in the consolidated balance sheets as of June 30, 2023 and 2022: Schedule of Balance Sheet Derivative Instruments Derivatives Not Designated as Hedging Instruments Balance Sheet Location June 30, 2023 June 30, 2022 Derivative liability on Senior Convertible Note (Note 12) Derivative liability $ - $ 9,399,620 The effect of the derivative instruments on the consolidated statements of operations is as follows: Schedule of Statement of Operation Derivative Instruments Location of Gain or Amount of Gain (Loss) Recognized in Income on Derivatives Derivatives Not Designated as Income on Year ended June 30, Hedging Instruments Derivatives 2023 2022 Derivative liability on Senior Convertible Note (Note 12) Change in fair value of derivative liability on Senior Convertible Note $ 7,435,687 $ (10,882,241 ) An amount of $ 1,963,906 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 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 may not be recoverable. The Company evaluates goodwill for impairment at least annually or when triggering events occur. 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. The Company estimated the fair value when conducting the long-lived asset impairment tests primarily using an income approach and used a variety of unobservable inputs and underlying assumptions consistent with those discussed above for purposes of the Company’s goodwill impairment test. During the year ended June 30, 2023, the Company recognized asset impairment charges to the goodwill of the iGaming Malta reporting unit in the EEG iGaming segment, and GGC reporting unit in the EEG Games segment (See Note 7). During the year ended June 30, 2022, the Company recognized asset impairment charges to the goodwill and long-lived assets of the iGaming Argyll (UK) reporting unit in the EEG iGaming segment, EGL, GGC and Helix reporting units in the EEG Games segment (See Notes 6, 7 and 11).

Income Taxes

Income Taxes	12 Months Ended
	Jun. 30, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Note 19 – Income Taxes The income (loss) before income taxes follows: Schedule of Income (loss) Before Income Taxes Fiscal 2023 Fiscal 2022 United States $ (7,152,756 ) $ (87,679,037 ) International (25,132,347 ) (20,227,495 ) Total loss before income taxes $ (32,285,103 ) $ (107,906,532 ) The provision (benefit) from income taxes follows: Schedule of Provision (benefit) from Income Taxes Fiscal 2023 Fiscal 2022 Current: Federal $ - $ - State - - Foreign 376 (2,581 ) Total current 376 (2,581 ) Deferred: Federal - (5,671,861 ) State - - Foreign - - Total deferred - (5,671,861 ) Income tax provision (benefit) $ 376 $ (5,674,442 ) During the year ended June 30, 2023, the Company recorded no material current taxes, remained in a cumulative loss position in all jurisdictions, and maintained a full valuation allowance position against any deferred tax assets in the jurisdictions it operated in, thus recording no deferred tax benefits or expenses. During the year ended June 30, 2022, the Company recorded a deferred tax liability in connection with its acquisitions of Bethard. This acquisition impacted the Company’s estimate of realizability of its deferred tax assets and resulted in a reduction of the Company’s valuation allowance of $ 5,671,861 The reconciliation of the expected tax expense (benefit) based on U.S. federal statutory rate of 21 Schedule of Reconciliation of Income Tax Expense Fiscal 2023 Fiscal 2022 U.S. federal statutory rate $ (6,779,872 ) $ (22,660,372 ) Change in valuation allowance 2,614,549 17,373,839 Disposals of subsidiaries 11,927,360 - State income taxes (1,595,125 ) Foreign tax rate and other foreign tax (4,102,764 ) (1,171,464 ) Extinguishment of senior convertible note 382,413 5,544,743 Non-deductible warrant revaluations (1,493,791 ) (6,608,337 ) Non-deductible revaluation of contingent consideration (959,939 ) 1,790,656 Acquisition costs 7,545 56,493 Income tax provision (benefit) $ 376 $ (5,674,442 ) Deferred income taxes reflect the net tax effects of temporary differences between the carrying amount of assets and liabilities for financial reporting purposes and amounts used for income tax purposes. Significant components of the Company’s deferred tax assets and liabilities consist of the following: Schedule of Deferred Tax Assets Fiscal 2023 Fiscal 2022 Assets: Net operating losses $ 29,813,860 $ 29,509,842 Nonqualified stock options 1,548,224 1,307,113 Depreciation and amortization - 473,380 Other 11,437 26,265 Gross deferred tax assets 31,373,521 31,316,600 Deferred tax liabilities Acquired intangible assets (712,136 ) (3,269,763 ) Net deferred tax assets 30,661,385 28,046,837 Valuation allowance (30,661,385 ) (28,046,837 ) Deferred tax liabilities, net $ - $ - The Company has net deferred tax assets of $ 30,661,385 28,046,837 At June 30, 2023, the Company had estimated federal net operating loss carry forwards of $ 94,075,521 22,042,087 During the years ended June 30, 2023 and 2022, the Company recorded income tax expense of $ 376 5,674,442 The Company applied the “more-likely-than-not” recognition threshold to all tax positions taken or expected to be taken in a tax return, which resulted in no unrecognized tax benefits as of June 30, 2023 and June 30, 2022, respectively. The Company regularly evaluates the realizability of its deferred tax assets and establishes a valuation allowance if it is more likely than not that some or all of the deferred tax assets will not be realized.

Segment Information

Segment Information	12 Months Ended
	Jun. 30, 2023
Segment Reporting [Abstract]
Segment Information	Note 20— 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, and (2) the creation of esports content for distribution to the betting industry. 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 consolidated financial statements. The Company utilizes Adjusted EBITDA (as defined below) as its measure of the performance of its operating segments. 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 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 2022 For the year ended June 30, 2023 2022 Revenues: EEG iGaming segment 19,690,722 53,104,795 EEG Games segment 3,275,082 5,246,855 Total 22,965,804 58,351,650 Adjusted EBITDA EEG iGaming segment (2,542,357 ) (7,019,463 ) EEG Games segment (3,064,747 ) (4,915,549 ) Other (1) (7,356,944 ) (12,960,209 ) Total Adjusted EBITDA (12,964,048 ) (24,895,221 ) Adjusted for: Interest expense (2,485,758 ) (6,423,039 ) Loss on sale of businesses, net (3,497,221 ) - Gain on termination of lease 799,901 - Loss on conversion of senior convertible note - (5,999,662 ) Loss on extinguishment of senior convertible note (1,821,013 ) (28,478,804 ) Change in fair value of derivative liability 7,435,687 (10,882,241 ) Change in fair value of warrant liability 7,113,292 31,468,270 Change in fair value of contingent consideration (2,864,551 ) 2,355,308 Other non-operating income (loss), net (160,276 ) (584,466 ) Depreciation and amortization (6,475,794 ) (12,026,581 ) Right of use asset amortization (46,244 ) (506,742 ) Asset impairment charges (16,135,000 ) (46,498,689 ) Stock-based Compensation (1,148,147 ) (5,165,653 ) Cost of acquisition (35,931 ) (269,012 ) Income tax (expense) benefit (376 ) 5,674,442 Net loss (32,285,479 ) (102,232,090 ) (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	12 Months Ended
	Jun. 30, 2023
Subsequent Events [Abstract]
Subsequent Events	Note 21 – Subsequent Events October 2023 Settlement Agreement and Waiver Partial Settlement of Registration Delay Payments under Registration Rights Agreement On October 6, 2023, the Company entered into a settlement agreement (“October 2023 Settlement Agreement”) with the Holder to issue common stock in partial settlement of the Registration Rights Fees payable (“RRA Fees”) by the Company under the Registration Rights Agreement, and the previous settlement agreement, dated August 15, 2023 (see below), between the Company and the Holder, in connection with a delay in the filing of a registration statement for the purpose of registering the resale of the common stock issuable under the Holder’s Series D Preferred Stock and common warrants, despite the Company’s best efforts to avoid such delay. As of October 6, 2023, the Company is obligated to pay to the Holder a Registration Delay Payment of approximately $ 64,500 The Company agreed to issue an additional 10,000 0.05 1,000 the earlier of (i) the date that the parties mutually terminate the October 2023 Settlement Agreement in writing, and (ii) such time as the remaining balance of the RRA Fees are paid in full, as applicable, to satisfy up to the remaining balance of the RRA Fees at a price per share equal to the lower of (1) 90 90 The October 2023 Settlement Agreement further provides that, notwithstanding anything in the applicable Series C Certificate of Designations for the Series C Preferred Stock or Series D Certificate of Designations for the Series D Preferred Stock to the contrary, with respect to any given conversion of any Series C Preferred Stock or Series D Preferred Stock, to the extent such Conversion Price, as so adjusted, is greater than 90 As part of the October 2023 Settlement Agreement, the Company triggered the anti-dilution down round price protection provisions of the Series C Preferred Stock and Series D Preferred Stock that allows for the conversion at the conversion price described above. Due to the down round price protection provision on the Series C Preferred Stock and Series D Preferred Stock, the Company recorded a deemed dividend within stockholders’ equity associated with the reduction in conversion price in effect prior to the October 2023 Settlement Agreement from $ 0.10 1,566,000 0.0965 Partial Waiver of Subsequent Placement Optional Redemption of Preferred Shares The Company also entered into a waiver agreement (“October 2023 Waiver”) on October 6, 2023, with the Holder, as a condition to access any net proceeds from the future sale of shares of common stock under the Company’s previously announced “at the market” (or “ATM”) equity offering program pursuant to a prospectus supplement that was filed with the SEC on September 15, 2023. The Holder agreed to partially waive its rights to ATM proceeds under the terms of a Subsequent Placement Optional Redemption, as defined in each of the Series C Certificate of Designations and Series D Certificate of Designations, but only with respect to sales under the ATM equity offering program (“ATM Sales”) and not with respect to any other future Subsequent Placement (as defined in each of the Series C Certificate of Designations and Series D Certificate of Designations) and, further, only to the extent of a waiver that provide that 50 50 Equity Distribution Agreement On September 15, 2023, the Company entered into the Equity Distribution Agreement with Maxim Group under which the Company may offer and sell, from time to time at its sole discretion, shares of the Company’s common stock, par value $ 0.001 7,186,257 Under the Equity Distribution Agreement, the Company will set the parameters for the sale of shares, including the number of shares to be issued, the time period during which sales are requested to be made, limitations on the number of shares that may be sold in any one trading day and any minimum price below which sales may not be made. Subject to the terms and conditions of the Equity Distribution Agreement, Maxim Group may sell the shares by methods deemed to be an “at the market” offering as defined in Rule 415 promulgated under the Securities Act, including by means of ordinary brokers’ transactions at market prices, in block transactions or as otherwise agreed by Maxim and us. The Equity Distribution Agreement provides that Maxim Group will be entitled to compensation for its services equal to 3.0% of the gross proceeds of any shares of common stock sold through Maxim Group under the Equity Distribution Agreement. The Company has no obligation to sell any shares under the Equity Distribution Agreement, and may at any time suspend solicitation and offers under the Equity Distribution Agreement. The shares will be issued pursuant to the Company’s shelf registration statement on Form S-3 (File No. 333-252370) and its registration on Form S-3 MEF (File No. 333-274542). The Company filed a prospectus supplement, dated September 15, 2023 with the SEC in connection with the offer and sale of the shares pursuant to the Equity Distribution Agreement (the “Prospectus Supplement”). The Holder of the Series C Preferred Stock and Series D Preferred Stock has the option to require the Company to use up to 50 50 The Equity Distribution Agreement contains customary representations, warranties and agreements of the Company and customary conditions to completing future sale transactions, indemnification rights and obligations of the parties and termination provisions. As part of the filing of the Equity Distribution Agreement, the Company entered into the Waiver on September 15, 2023, with the Holder of the Series C Preferred Stock and the Series D Preferred Stock, as a condition to filing the registration statement on Form S-3 MEF on September 15, 2023 and the prospectus supplement on September 15, 2023 for the “at the market” offering. The Waiver allowed the Company to proceed with the initial filing of such registration statement and prospectus supplement with the SEC and not with respect to (x) any subsequent amendment or supplement thereto, (y) the issuance and sale of any of the Company’s securities contemplated by thereby or (z) any future Subsequent Placement (as defined in the Securities Purchase Agreement, dated April 30, 2023, among the Company and the buyers named therein). As discussed above the Company obtained a partial waiver of the Holder’s Redemption Amounts, and from October 10, 2023 through October 12, 2023 the Company had ATM Sales of approximately $ 679,000 for 8,440,375 shares common stock with 50 % of the ATM Sales, after placement agent fees, to be held in escrow for the Holder. August 2023 Settlement Agreement On August 15, 2023, the Company entered into a settlement agreement (“August 2023 Settlement Agreement”) with the Holder to issue common stock in partial settlement of RRA Fees by the Company under the Series D RRA, in connection with a delay in the filing of a registration statement for the purpose of registering the resale of the common stock issuable under the Holder’s Series D Preferred Stock and common warrants, despite the Company’s best efforts to avoid such delay. As of August 15, 2023, the Company was obligated to pay to the Holder RRA Fees of $ 64,500 The Company agreed to initially issue 10,000 0.10 1,000 90 90 The August 2023 Settlement Agreement further provides that, notwithstanding anything in the applicable Certificate of Designations for the Series C Preferred Stock or Certificate of Designations for the Series D Preferred Stock to the contrary, with respect to any given conversion of any Series C Preferred Stock or Series D Preferred Stock, to the extent such conversion price, as so adjusted, is greater than 90 As part of the August 2023 Settlement Agreement, the Company triggered the anti-dilution down round price protection provisions of the Series C Preferred Stock and Series D Preferred Stock that allows for the conversion at the conversion price described above. Due to the down round price protection provision on the Series C Preferred Stock and Series D Preferred Stock, the Company recorded a deemed dividend within stockholders’ equity associated with the reduction in conversion price in effect prior to the August 2023 Settlement Agreement from $ 0.44 0.39 9,383,000 0.1935 August 2023 Registered Direct Offering On August 15, 2023, the Company entered into a securities purchase agreement the Holder of our Series C Preferred Stock and Series D Preferred Stock (the “RD SPA”). The RD SPA relates to an offering of (a) 1,000,000 0.001 0.1935 4,167,959 0.1935 0.001 0.001 The Pre-funded Warrants were all subsequently exercised on August 16, 2023. The RD SPA included the Holder waiving its rights to require the Company to cause a Subsequent Placement Optional Redemption (as defined in each of the Certificate of Designations governing the Series C Preferred Stock and Certificate of Designations governing the Series D Preferred Stock) using the gross proceeds from the sale of the shares of common stock and Warrants (including from the exercise thereof) and its rights to participate in an Eligible Subsequent Placement (as defined in each of the Certificate of Designations governing the Series C Preferred Stock and Certificate of Designations governing the Series D Preferred Stock) pursuant to Section 7(b) of the Certificate of Designations governing the Series C Preferred Stock and Section 7(b) of the Certificate of Designations governing the Series D Preferred Stock, but only with respect to the offering and sale of the Securities contemplated by the RD SPA. As a result, the Company did not make any payments from the gross proceeds to the Holder. The gross proceeds from the issuance and sale of the shares of common stock and RD Pre-funded Warrants, were approximately $ 1,000,000 Series C Convertible Preferred Stock Conversions From July 1, 2023, though October 12, 2023, one business day preceding this filing, the Holder exchanged $ 12,300,999 49,916,813 90 3,759,649 476,597 Under the Settlement Agreements, dated August 15, 2023 and October 6, 2023, between the Company and the Holder, in the event that the conversion price then in effect, as may be adjusted under the Settlement Agreements, is greater than 90 $3,759,649 The Company’s shares of common stock issued in connection with the Conversions were not registered under the Securities Act of 1933, as amended (the “Securities Act”), and were issued to an existing Holder of the Company’s securities without commission or additional consideration in reliance on the exemption from registration provided by Section 3(a)(9) of the Securities Act. Following the recent Conversions, approximately $ 6,431,000 in aggregate amount of the Series C Preferred Stock remains outstanding. As of October 12, 2023, one business day preceding this filing, there were 67,329,316 shares of common stock, par value $ 0.001 issued and outstanding. The Company intends to continue to effect additional equity conversions under the same terms in the foreseeable future.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Jun. 30, 2023
Accounting Policies [Abstract]
Basis of presentation and principles of consolidation	Basis of presentation and principles of consolidation The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”). The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. Intercompany accounts and transactions have been eliminated in consolidation. Effective February 22, 2023 the Company completed a one-for-one-hundred (1-for-100) reverse stock split
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, and (2) the creation of esports content for distribution to the betting industry. 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 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 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 recoverability of goodwill and intangible assets.
Liquidity and Going Concern	Liquidity and Going Concern The accompanying 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 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 consolidated financial statements. The Company considered that it had an accumulated deficit of $ 181,425,905 4,043,048 8,855,437 15,746,481 32,285,479 The Company also considered its current liquidity as well as future market and economic conditions that may be deemed outside the control of the Company as it relates to obtaining financing and generating future profits. As of June 30, 2023, the Company had $ 1,745,298 4,812,389 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) up to $ 7,186,257 50% 50 4,300 1,000 1,433,333 1.96 4,300 1,000 4,300,000 341,000 3,959,000 1,000,000 0.001 0.1935 4,167,959 0.1935 0.001 0.001 1,000,000 130,000 870,000 0.001 7,186,257 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 consolidated financial statements do not reflect any adjustments that might result from the outcome of this uncertainty. The amount of available cash on hand on October 12, 2023, one business day preceding this filing, was approximately $ 314,000
Compliance with Nasdaq Listing Requirements	Compliance with Nasdaq Listing Requirements On April 11, 2022, the Company received a deficiency notification letter from the Listing Qualifications Staff of Nasdaq (“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 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 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 the Bid Price Rule, and the minimum of $ 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 the MVLS Rule. This was addressed in the November 17, 2022, hearing before the Panel where the Company presented on its plan to comply with the MVLS Rule or alternative criteria and was granted continued listing subject to the criteria noted above. 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 Equity Rule. The Company provided an update on its progress to the Panel on February 20, 2023. On March 9, 2023, the Company received a letter from the Panel indicating that the Company has regained compliance with the Bid Price Rule. On March 30, 2023, the Company submitted a written submission requesting an extension on the requirement to demonstrate compliance with the Equity Rule and on April 6, 2023, the Panel granted an extension through April 30, 2023. On May 1, 2023, the Company announced it met the minimum Equity Rule. On June 13, 2023, the Company received a notice from the Panel providing that the Company demonstrated compliance with the requirements for continued listing on The Nasdaq Capital Market, including the Equity Rule, as outlined in Listing Rule 5550(b)(1). On September 6, 2023, the Company received a deficiency notification letter from the Staff indicating that the Company was not in compliance with Bid Price Rule. The Company has 180 calendar days from the date of such notice, or until March 4, 2024, to regain compliance with the Bid Price Rule. To regain compliance, the bid price for the Company’s common stock must close at $1.00 per share or more for a minimum of 10 consecutive business days. The Company remains subject to a “Panel Monitor,” as defined by Nasdaq Listing Rule 5815(d)(4)(A), through June 13, 2024. In the event the Company fails to satisfy a continued listing requirement during the Panel Monitor, the Company will not be provided with the opportunity to present a compliance plan to the Staff and the Staff will not be permitted to grant additional time for the Company to regain compliance with respect to that deficiency, nor will the Company be afforded an applicable cure or compliance period pursuant to Rule 5810(c)(3), which process might otherwise be available under the Nasdaq Listing Rules, but would instead have an opportunity to request a new hearing with the Panel. The Company’s securities may be at that time delisted from Nasdaq. Any failure to 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.
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 June 30, 2023 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, net	Accounts Receivable, net Accounts receivable, net is comprised of the amounts billed to customers principally for esports events and team management services. Accounts receivable, net 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 consolidated statements of operations. At June 30, 2023 and 2022, the allowance for credit losses was not material to the 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 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 consolidated statements of operations. The allowance for doubtful accounts is not material to the 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 Assets Computer Equipment Up to 5 years Furniture and fixtures Up to 7 years 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 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 at the beginning of the fourth quarter 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 year ended June 30, 2023, the Company’s share price continued to decline and the Company performed an assessment of its operations. As part of this the Company recognized goodwill asset impairment charges of $ 1,635,000 14,500,000 16,135,000 During the year ended June 30, 2022, the Company’s share price had a significant decline and the Company’s ability to invest in its businesses was impacted and the Company recognized goodwill asset impairment charges of $ 23,119,755 3,852,876 26,972,631 Further downturns in economic, regulatory and operating conditions could result in additional goodwill impairment in future periods.
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 no
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. There were no impairment charges on long-lived assets identified for the year ended June 30, 2023. During the year ended June 30, 2022, the Company recognized a total impairment charge of $ 19,526,058 3,972,022 13,484,122 653,107 44,481 608,626 1,416,807
Jackpot Provision	Jackpot Provision The jackpot provision liability is an estimate of the amount due to players for progressive 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.
Leases	Leases The Company leases for office space and game center space through operating lease agreements that were a result of its acquisitions of Argyll, Lucky Dino and Helix. The Company also leased other property and equipment, acquired through Helix, that was subsequently sold as part of the Helix sale transaction 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 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 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 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 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 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 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 12). 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 18) in the consolidated balance sheets. In the event that the fair value is recorded as a liability, the change in fair value is recorded in the statements of operations as other income or expense (Note 18). 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 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 value 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 carrying amounts due to the short maturities of these instruments. The fair value 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 year ended June 30, 2023 and 2022 because their inclusion would have been antidilutive: Schedule of Weighted Average Diluted Common Shares Outstanding 2023 2022 Common stock options $ 30,621 $ 11,105 Common stock warrants 1,975,339 226,006 Common stock issuable upon conversion of senior convertible note - 160,315 10% Series A cumulative redeemable convertible preferred stock 835,950 835,950 Common stock issuable on conversion of Series C convertible preferred stock 13,941,091 - Common stock issuable on conversion of Series D convertible preferred stock 4,084,056 - Common stock issuable on conversion of Series D convertible preferred stock issuable from exercise of preferred warrants issued in the Series D convertible preferred stock offering 4,048,965 - Total $ 24,916,022 $ 1,233,376 Anti-dilutive securities $ 24,916,022 $ 1,233,376 The table includes the number of shares of common stock potentially issuable upon a conversion of the Series C Convertible Preferred Stock and Series D Convertible Preferred Stock into shares of common stock. The table also includes any shares of common stock that would be issuable upon exercise and conversion of the preferred warrants issued in the Series D Convertible Preferred Stock offering. The conversion price used to estimate the number of common stock issuable for the Series C Convertible Preferred Stock, Series D Convertible Preferred Stock and Common stock issuable on conversion of Series D convertible preferred stock issuable from exercise of Series D preferred warrants, was 90% of the Company’s Nasdaq Official Closing Price of $1.18 on June 30, 2023. Issuances of shares of common stock upon conversion of the Series D Convertible Preferred Stock and Common Warrants in excess of 20% of the Company’s outstanding shares of common stock require approval by the Company’s stockholders pursuant to the rules and regulations of the Nasdaq Stock Market.
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 consolidated statements of comprehensive loss.
Foreign Currency	Foreign Currency The functional currencies of the Company include the U.S. dollar, British Pound and Euro. The reporting currency of the Company is the U.S. dollar. Assets and liabilities of the Company’s foreign operations with functional currencies other than the U.S. dollar are translated at the exchange rate in effect at the balance sheet date, while revenues and expenses are translated at average rates prevailing during the periods. Translation adjustments are reported in accumulated other comprehensive loss, a separate component of stockholders’ equity. Transaction gains and losses arise from exchange rate fluctuations on transactions denominated in a currency other than the functional currency. The Company recorded a foreign exchange transaction loss for the years ended June 30, 2023 and 2022 of $ 108,175 149,573
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).
Sales and Marketing	Sales and Marketing Sales and marketing expenses are comprised primarily of advertising costs that include online search advertising and placement, including advertising with affiliates for the online betting and casino operations, as well as other promotional expenses paid to third parties, including expenses related to sponsorship agreements. Sales and marketing expense for the years ended June 30, 2023 and 2022 was $ 5,946,697 25,728,220
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, and from hardware and equipment sales, 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 consolidated statements of operations. VAT receivables and VAT payables are included in other receivables and accounts payable and accrued expenses, respectively on the 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 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. Jackpots, other than the incremental progressive jackpots, are recognized at the time they are won by customers. 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 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 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, using the input method of time lapsed to measure the progress toward satisfying the performance obligation, which generally can range from one month to three years in duration, beginning on the date the customer is provided access to the Company’s hosted software platform. Maintenance services are recognized over time, using the input method as services are performed. The Company previously derived revenue from its operation of game centers and revenue was 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 was recognized at the point of sale. The Company disposed of this revenue stream through the sale of Helix on June 10, 2022. The Company further provides hardware and equipment sales and 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 and implementation, as separate performance obligations. Revenue for hardware and equipment sales and implementation are recognized at a point in time upon satisfaction of the performance obligation when the customer obtains control. 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 derived revenue from esports event management and team services prior to the sale of EGL on June 30, 2023. Esports event management services supported 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 was generally earned on a fixed fee basis per event. The esports team services offerings of the Company included 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 were 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 recognized 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 was 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 was recorded as deferred revenue on the consolidated balance sheets. The Company also could enter into profit sharing arrangements which were 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 was 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 contact may further have required the Company to distribute payments to event or tournament attendees resulting in the recognition of a processing fee by the Company. The Company did not recognize revenue from the processing of payments until the conclusion of the event or tournament. The Company evaluated 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 acted 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 had determined it acts in the role of an agent to the customer as the event creator. The Company also determined it acted as an agent when it collected a processing fee for performing the service of distributing prize money on behalf of its customers to event or tournament winners. 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 consolidated balance sheets, at levels equal to or exceeding its liabilities to customers. Contract Liabilities Certain player liabilities include amounts 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 records deferred revenue for payments received in advance of performance obligations being completed related to its sale of subscription services to cloud-based software used by customers, including maintenance and for hardware and equipment.
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 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 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 2022, the FASB issued ASU 2022-03, Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions 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)	12 Months Ended
	Jun. 30, 2023
Accounting Policies [Abstract]
Schedule of Estimated Useful Life of Assets	Schedule of Estimated Useful Life of Assets Computer Equipment Up to 5 years Furniture and fixtures Up to 7 years 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 year ended June 30, 2023 and 2022 because their inclusion would have been antidilutive: Schedule of Weighted Average Diluted Common Shares Outstanding 2023 2022 Common stock options $ 30,621 $ 11,105 Common stock warrants 1,975,339 226,006 Common stock issuable upon conversion of senior convertible note - 160,315 10% Series A cumulative redeemable convertible preferred stock 835,950 835,950 Common stock issuable on conversion of Series C convertible preferred stock 13,941,091 - Common stock issuable on conversion of Series D convertible preferred stock 4,084,056 - Common stock issuable on conversion of Series D convertible preferred stock issuable from exercise of preferred warrants issued in the Series D convertible preferred stock offering 4,048,965 - Total $ 24,916,022 $ 1,233,376 Anti-dilutive securities $ 24,916,022 $ 1,233,376

Disposals, Acquisitions and R_2

Disposals, Acquisitions and Related Items (Tables) - Bethard Group Limited [Member]	12 Months Ended
	Jun. 30, 2023
Business Acquisition [Line Items]
Schedule of Preliminary Purchase Price Allocation of Acquisition	Schedule of Preliminary Purchase Price Allocation of Acquisition Cash paid at closing $ 15,346,019 Second Payment 4,721,852 Total cash consideration paid for Bethard 20,067,871 Contingent cash consideration 6,700,000 Total purchase price consideration $ 26,767,871
Schedule of Purchase Price Allocation of the Assets Acquired and Liabilities Assumed	Schedule of Purchase Price Allocation of the Assets Acquired and Liabilities Assumed - Receivables reserved for users $ 3,109,782 Intangible assets 18,100,000 Goodwill 11,292,685 Other non-current assets 1,180,463 Accrued liabilities (5,634 ) Player liability (3,108,425 ) Deferred income taxes (3,801,000 ) Total $ 26,767,871
Schedule of Fair Value of Acquired Intangible Assets	The acquired intangible assets, useful lives and fair value at the acquisition date follows: Schedule of Fair Value of Acquired Intangible Assets Useful Life (years) Fair Value Tradename 10 $ 3,500,000 Developed technology and software 5 1,200,000 Gaming licenses 2 700,000 Player relationships 5 12,700,000 Total $ 18,100,000

Other Receivables (Tables)

Other Receivables (Tables)	12 Months Ended
	Jun. 30, 2023
Receivables [Abstract]
Schedule of Other Receivables	The components of other receivables follows: Schedule of Other Receivables June 30, 2023 June 30, 2022 Indirect taxes $ 21,024 $ 306,040 Other 476,579 66,243 Other receivables $ 497,603 $ 372,283

Prepaid Expenses and Other Cu_2

Prepaid Expenses and Other Current Assets (Tables)	12 Months Ended
	Jun. 30, 2023
Prepaid Expenses And Other Current Assets
Schedule of Prepaid Expenses and Other Current Assets	The components of prepaid expenses and other current assets follows: Schedule of Prepaid Expenses and Other Current Assets June 30, 2023 June 30, 2022 Prepaid marketing costs $ 53,365 $ 298,300 Prepaid insurance 265,974 230,404 Prepaid gaming costs 375,082 575,113 Other 11,609 439,236 Prepaid expenses and other current assets $ 706,030 $ 1,543,053

Equipment (Tables)

Equipment (Tables)	12 Months Ended
	Jun. 30, 2023
Property, Plant and Equipment [Abstract]
Schedule of Equipment	The components of equipment follow: Schedule of Equipment June 30, 2023 June 30, 2022 Computer equipment $ 36,630 $ 35,911 Furniture and equipment 35,943 34,526 Equipment, at cost 72,573 70,437 Accumulated depreciation and finance lease amortization (52,560 ) (26,512 ) Equipment, net $ 20,013 $ 43,925

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	A reconciliation of goodwill and accumulated goodwill impairment losses, by reportable segment, is as follows: Schedule of Goodwill EEG iGaming EEG Games Total Balance as of July 1, 2021 Goodwill, gross 15,109,012 25,828,358 40,937,370 Accumulated goodwill impairment charges - - - Goodwill, net 15,109,012 25,828,358 40,937,370 Goodwill acquired during the year 11,292,685 - 11,292,685 Effects of foreign currency exchange rates (2,888,340 ) (93,771 ) (2,982,111 ) Impairment charges (3,852,876 ) (23,119,755 ) (26,972,631 ) Balance as of June 30, 2022 Goodwill, gross 23,513,357 25,734,587 49,247,944 Goodwill, gross, beginning balance 23,513,357 25,734,587 49,247,944 Accumulated goodwill impairment charges (3,852,876 ) (23,119,755 ) (26,972,631 ) Accumulated goodwill impairment charges, beginning balance (3,852,876 ) (23,119,755 ) (26,972,631 ) Goodwill, net 19,660,481 2,614,832 22,275,313 Goodwill, net, beginning balance 19,660,481 2,614,832 22,275,313 Goodwill disposed of during the year (2,116,882 ) - (2,116,882 ) Effects of foreign currency exchange rates 467,793 - 467,793 Impairment charges (14,500,000 ) (1,635,000 ) (16,135,000 ) Balance as of June 30, 2023 Goodwill, gross 9,441,453 11,445,832 20,887,285 Goodwill, 9,441,453 11,445,832 20,887,285 Accumulated goodwill impairment charges (5,930,062 ) (10,466,000 ) (16,396,062 ) Accumulated goodwill impairment charges, ending balance (5,930,062 ) (10,466,000 ) (16,396,062 ) Goodwill, net $ 3,511,391 $ 979,832 $ 4,491,223 Goodwill, net, ending balance $ 3,511,391 $ 979,832 $ 4,491,223
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 June 30, 2023 Gross Carrying Accumulated Net Carrying Tradenames $ 2,801,963 $ (566,501 ) $ 2,235,462 Developed technology and software 9,240,018 (3,757,061 ) 5,482,957 Gaming licenses 724,431 (724,431 ) - Player relationships 10,022,587 (4,621,655 ) 5,400,932 Internal-use software 226,438 (21,162 ) 205,276 Total $ 23,015,437 $ (9,690,810 ) $ 13,324,627 June 30, 2022 Gross Carrying Accumulated Net Carrying Tradename $ 5,835,512 $ (578,960 ) $ 5,256,552 Developed technology and software 10,109,366 (1,935,018 ) 8,174,348 Gaming licenses 1,317,567 (774,760 ) 542,807 Player relationships 20,920,029 (4,757,813 ) 16,162,216 Internal-use software 225,086 (14,520 ) 210,566 Total $ 38,407,560 $ (8,061,071 ) $ 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 Fiscal 2024 $ 4,333,526 Fiscal 2025 4,333,526 Fiscal 2026 3,175,014 Fiscal 2027 362,192 Fiscal 2028 326,816 Thereafter 793,553 Total $ 13,324,627

Other Non-Current Assets (Table

Other Non-Current Assets (Tables)	12 Months Ended
	Jun. 30, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Other Non-Current Assets	The components of other non-current assets follow: Schedule of Other Non-Current Assets June 30, 2023 June 30, 2022 iGaming regulatory deposits $ - $ 1,715,053 iGaming deposits with service providers - 261,825 Rent deposit - 80,520 Other 136,863 4,778 Other non-current assets $ 136,863 $ 2,062,176

Account Payable and Accrued E_2

Account Payable and Accrued Expenses (Tables)	12 Months Ended
	Jun. 30, 2023
Payables and Accruals [Abstract]
Schedule of Account Payable and Accrued Expenses	The components of account payable and accrued expenses follow: Schedule of Account Payable and Accrued Expenses June 30, 2023 June 30, 2022 Trade accounts payable $ 4,469,927 $ 5,069,616 Accrued marketing 1,054,085 2,388,987 Accrued payroll and benefits 298,636 833,322 Accrued gaming liabilities 145,393 446,626 Accrued professional fees 286,314 555,967 Accrued jackpot liabilities 91,892 297,970 Accrued other liabilities 759,947 2,751,564 Total $ 7,106,194 $ 12,344,052

Leases (Tables)

Leases (Tables)	12 Months Ended
	Jun. 30, 2023
Leases
Schedule of Assets and Liabilities Related to Operating Leases	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 Leases Consolidated Balance Sheet Caption June 30, 2023 June 30, 2022 Assets: Operating lease assets Operating lease right-of-use assets $ 85,517 $ 164,288 Total lease assets $ 85,517 $ 164,288 Liabilities: Current: Operating lease liabilities Operating lease liability – current $ 95,903 $ 364,269 Operating lease liabilities Operating lease liability – current $ 95,903 $ 364,269 Long-term: Operating lease liabilities Operating lease liability – non-current - 669,286 Operating lease liabilities Operating lease liability – non-current - 669,286 Total lease liabilities $ 95,903 $ 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 June 30, 2023 June 30, 2022 Weighted Average Remaining Lease Term (Years): Operating leases 1.00 3.87 Weighted Average Discount Rate: Operating leases 8.00 % 8.00 %
Schedule of Maturity of Operating Lease Liability	The future minimum lease payments at June 30, 2023 follow: Schedule of Maturity of Operating Lease Liability Operating Lease Fiscal 2024 $ 100,606 Thereafter - Total lease payments 100,606 Less: imputed interest (4,703 ) Present value of lease liabilities $ 95,903

Long-term Debt (Tables)

Long-term Debt (Tables)	12 Months Ended
	Jun. 30, 2023
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 June 30, 2023 June 30, 2022 Notes payable April 30, 2023 3.49 % $ - $ 139,538 Total - 139,538 Less current portion of notes payable and long-term debt - (139,538 ) Notes payable and other long-term debt $ - $ -

Revenue and Geographic Inform_2

Revenue and Geographic Information (Tables)	12 Months Ended
	Jun. 30, 2023
Revenue from Contract with Customer [Abstract]
Schedule of Disaggregated by Revenue	A disaggregation of revenue by type of service for the year ended June 30, 2023 and 2022 is as follows: Schedule of Disaggregated by Revenue 2023 2022 Year ended June 30, 2023 2022 Online betting and casino revenues $ 19,690,722 $ 53,104,795 Esports and other revenues 3,275,082 5,246,855 Total $ 22,965,804 $ 58,351,650 Revenue $ 22,965,804 $ 58,351,650
Schedule of Revenues with Customers and Long-lived Assets by Geographical Area	A summary of revenue by geography follows for the year ended June 30, 2023 and 2022 is as follows: Schedule of Revenues with Customers and Long-lived Assets by Geographical Area Year ended June 30, 2023 2022 United States $ 2,499,554 $ 4,799,084 International 20,466,250 53,552,566 Total $ 22,965,804 $ 58,351,650 Revenue $ 22,965,804 $ 58,351,650
Schedule of Company’s revenue recognized at point in time or over time	The Company’s revenue from EEG iGaming is principally recognized at the point in time when gaming occurs. The Company’s EEG Games revenue is recognized at a point in time for hardware and equipment and consulting services typically when a customer obtains control or receives the service and over time for subscriptions, maintenance, licensing and event management using the input method of time lapsed to measure the progress toward satisfying the performance obligation. A summary of revenue by recognized at point in time or over time is the year ended June 30, 2023 and 2022 is as follows: Schedule of Company’s revenue recognized at point in time or over time 2023 2022 Year ended June 30, 2023 2022 Point in time $ 20,719,613 $ 56,255,133 Over time 2,246,191 2,096,517 Total $ 22,965,804 $ 58,351,650 Revenue $ 22,965,804 $ 58,351,650
Schedule of deferred revenue	The deferred revenue balances were as follows: Schedule of deferred revenue June 30, 2023 June 30, 2022 Deferred revenue, beginning of the year $ 575,097 $ 22,110 Deferred revenue, end of the year $ 989,027 575,097 Revenue recognized in the year from amounts included in deferred revenue at the beginning of the year $ 514,584 $ 22,110 Deferred revenue $ 514,584 $ 22,110
Schedule of long-lived assets	A summary of long-lived assets by geography as at June 30, 2023 and 2022 follows: Schedule of long-lived assets June 30, 2023 June 30, 2022 United States $ 5,146,469 $ 8,271,360 International 12,911,774 46,620,831 Total $ 18,058,243 $ 54,892,191 Long-lived assets $ 18,058,243 $ 54,892,191

Equity (Tables)

Equity (Tables)	12 Months Ended
	Jun. 30, 2023
Class of Stock [Line Items]
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 53,506 1,418.98 3.14 8,743,588 Issued 172,500 100.00 Exercised — — Forfeited or cancelled — — Outstanding, June 30, 2022 226,006 412.26 4.07 — Issued 1,947,833 7.83 Exercised (178,500 ) 0.10 Forfeited or cancelled (20,000 ) 1,750.00 Outstanding June 30, 2023 1,975,339 1.76 4.63 —
Schedule of Stock Option Activity	A summary of the Company’s stock option activity is as follows: Schedule of Stock Option Activity Number of Options Weighted Average Exercise Price Outstanding, June 30, 2021 4,747 $ 549.29 Granted 11,202 671.00 Exercised (140 ) 482.00 Cancelled (4,704 ) 653.64 Outstanding, June 30, 2022 11,105 628.71 Granted 25,000 7.36 Exercised - - Cancelled (5,484 ) 616.54 Outstanding, June 30, 2023 30,621 $ 123.88.
Schedule of Weighted Average Assumptions Valued Using Black-Scholes Option Pricing Model	Schedule of Weighted Average Assumptions Valued Using Black-Scholes Option Pricing Model Year ended Expected term, in years 5 Expected volatility 164.62 % Risk-free interest rate 4.09 % Dividend yield — Grant date fair value $ 3.68 As of June 30, 2022, unamortized stock compensation for stock options was $ 1,074,485 0.25 Year ended Expected term, in years 2.81 Expected volatility 150.82 % Risk-free interest rate 0.45 % Dividend yield — Grant date fair value $ 534.00
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 12). The September 2022 Warrants were valued using a Black Scholes valuation model on issuance at September 19, 2022 and for the warrants outstanding at June 30, 2023 with the following assumptions: Schedule of Warrants Outstanding Fair Value Assumption June 30, 2023 September 19, 2022 Contractual term, in years 5.00 5.00 Expected volatility 154 % 167 % Risk-free interest rate 4.27 % 3.69 % Dividend yield - - Conversion / exercise price $ 25.00 $ 25.00 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 12). The March 2022 Warrants outstanding at June 30, 2023 and 2022 were valued using the following assumptions: June 30, 2023 June 30, 2022 Contractual term, in years 5.00 5.00 Active market Nasdaq Nasdaq Market price $ 0.66 $ 12.00 The Series A outstanding at June 30, 2023 and the Series A and Series B outstanding at June 30, 2022 were valued using a Monte Carlo valuation model with the following assumptions: June 30, 2023 June 30, 2022 Contractual term, in years 4.00 2.00 4.00 Expected volatility 152 % 120 140 Risk-free interest rate 4.90 % 0.24 0.65 Dividend yield — — Conversion / exercise price $ 1,750.00 $ 1,750.00 The Series B expired on June 2, 2023. The derivative liability on Senior Convertible Note was eliminated on the April 28, 2023, on the conversion of the Senior Convertible Note to the Series C Preferred Stock (Note 12). The value of the derivative liability on the Senior Convertible Note at June 30, 2022 was valued using a nonperformance risk adjusted Monte Carlo valuation model with the following assumptions: June 30, 2022 Contractual term, in years 0.92 Expected volatility 137.11 % De-leveraged volatility 62.88 % Risk-free interest rate 2.72 % Dividend yield — Conversion / exercise price $ 218.32
Series D Preferred Stock [Member]
Class of Stock [Line Items]
Schedule of Warrants Outstanding Fair Value Assumption	Schedule of Warrants Outstanding Fair Value Assumption May 22, 2023 Expected term, in years 2.00 Expected volatility 141.66 % Risk-free interest rate 4.18 % Discount rate 20.00 % Stock price $ 2.17 The Series D Preferred Warrants were valued by subtracting the stated value of the Series D Preferred Stock from the fair value of the Series D Preferred Stock on May 22, 2023,

Other Non-Operating Income (L_2

Other Non-Operating Income (Loss), Net (Tables)	12 Months Ended
	Jun. 30, 2023
Other Income and Expenses [Abstract]
Schedule of Other Non Operating Income Loss Net	Other non-operating income (loss), net, for the years ended June 30, 2023 and 2022 was as follows: Schedule of Other Non Operating Income Loss Net June 30, 2023 June 30, 2022 Foreign exchange loss $ (108,175 ) $ (149,573 ) Gain on sale of business - 1,069,262 Other non-operating loss (52,101 ) (1,504,155 ) Total $ (160,276 ) $ (584,466 )

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Jun. 30, 2023
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 June 30, 2023 Total Level 1 Level 2 Level 3 Contingent consideration (Note 3 & Note 17) $ — $ — $ — $ — Liability for the March 2022 Warrants (Note 12) $ 113,850 $ 113,850 $ — $ — Liability for the September Warrants (Note 12) $ 251,876 $ — $ — $ 251,876 Liability for the Series A Warrants (Note 12) $ — $ — $ — $ — The contingent consideration was settled on February 24, 2023, as part of the disposal of the Bethard Business (Note 3 and Note 17) and the derivative liability on Senior Convertible Note was eliminated on the April 28, 2023, on the conversion of the Senior Convertible Note to the Series C Preferred Stock (Note 16). June 30, 2022 Total Level 1 Level 2 Level 3 Contingent consideration (Note 3) $ 3,328,361 $ — $ — $ 3,328,361 Liability for the March 2022 Warrants (Note 12) $ 2,070,000 $ 2,070,000 $ — $ — Liability for the Series A and Series B Warrants (Note 12) $ 122,730 $ — $ — $ 122,730 Derivative liability on Senior Convertible Note (Note 12) $ 9,399,620 $ — $ — $ 9,399,620
Schedule of Changes in Level 3 Financial Instruments	A summary of the changes in Level 3 financial instruments for the years ended June 30, 2023 and 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, 2021 $ 23,500,000 $ — $ — Change in fair value of Series A and Series B Warrants issued with Senior Convertible Note (Note 12) (23,377,270 ) — — Fair value of contingent consideration for Bethard at acquisition (Note 3) — 6,700,000 — Payments of Bethard contingent consideration — (1,016,331 ) — Change in fair value of Bethard contingent consideration liability (Note 3) — (2,355,308 ) — Fair value of derivative liability on Senior Convertible Note (Note 12) — 20,281,861 Change in the fair value of the derivative liability on Senior Convertible Note (Note 12) — — (10,882,241 ) Balance at June 30, 2022 122,730 3,328,361 9,399,620 Fair value of the September 2022 Warrants (Note 12) 5,286,288 — — Change in fair value of September 2022 Warrants (Note 12) (5,034,412 ) — — Change in fair value of Series A and Series B Warrants issued with Senior Convertible Note (Note 12) (122,730 ) — — Change in fair value of Bethard contingent consideration liability (Note 3) — 2,864,551 — Elimination of Bethard contingent consideration liability on sale of Bethard (Note 3) — (6,192,912 ) — Change in the fair value of the derivative liability on Senior Convertible Note (Note 12) — — (9,399,620 ) Balance at June 30, 2023 $ 251,876 $ — $ —
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 12). The September 2022 Warrants were valued using a Black Scholes valuation model on issuance at September 19, 2022 and for the warrants outstanding at June 30, 2023 with the following assumptions: Schedule of Warrants Outstanding Fair Value Assumption June 30, 2023 September 19, 2022 Contractual term, in years 5.00 5.00 Expected volatility 154 % 167 % Risk-free interest rate 4.27 % 3.69 % Dividend yield - - Conversion / exercise price $ 25.00 $ 25.00 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 12). The March 2022 Warrants outstanding at June 30, 2023 and 2022 were valued using the following assumptions: June 30, 2023 June 30, 2022 Contractual term, in years 5.00 5.00 Active market Nasdaq Nasdaq Market price $ 0.66 $ 12.00 The Series A outstanding at June 30, 2023 and the Series A and Series B outstanding at June 30, 2022 were valued using a Monte Carlo valuation model with the following assumptions: June 30, 2023 June 30, 2022 Contractual term, in years 4.00 2.00 4.00 Expected volatility 152 % 120 140 Risk-free interest rate 4.90 % 0.24 0.65 Dividend yield — — Conversion / exercise price $ 1,750.00 $ 1,750.00 The Series B expired on June 2, 2023. The derivative liability on Senior Convertible Note was eliminated on the April 28, 2023, on the conversion of the Senior Convertible Note to the Series C Preferred Stock (Note 12). The value of the derivative liability on the Senior Convertible Note at June 30, 2022 was valued using a nonperformance risk adjusted Monte Carlo valuation model with the following assumptions: June 30, 2022 Contractual term, in years 0.92 Expected volatility 137.11 % De-leveraged volatility 62.88 % Risk-free interest rate 2.72 % Dividend yield — Conversion / exercise price $ 218.32
Schedule of Balance Sheet Derivative Instruments	The following is information relative to the Company’s derivative instruments in the consolidated balance sheets as of June 30, 2023 and 2022: Schedule of Balance Sheet Derivative Instruments Derivatives Not Designated as Hedging Instruments Balance Sheet Location June 30, 2023 June 30, 2022 Derivative liability on Senior Convertible Note (Note 12) Derivative liability $ - $ 9,399,620
Schedule of Statement of Operation Derivative Instruments	The effect of the derivative instruments on the consolidated statements of operations is as follows: Schedule of Statement of Operation Derivative Instruments Location of Gain or Amount of Gain (Loss) Recognized in Income on Derivatives Derivatives Not Designated as Income on Year ended June 30, Hedging Instruments Derivatives 2023 2022 Derivative liability on Senior Convertible Note (Note 12) Change in fair value of derivative liability on Senior Convertible Note $ 7,435,687 $ (10,882,241 )

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Jun. 30, 2023
Income Tax Disclosure [Abstract]
Schedule of Income (loss) Before Income Taxes	The income (loss) before income taxes follows: Schedule of Income (loss) Before Income Taxes Fiscal 2023 Fiscal 2022 United States $ (7,152,756 ) $ (87,679,037 ) International (25,132,347 ) (20,227,495 ) Total loss before income taxes $ (32,285,103 ) $ (107,906,532 )
Schedule of Provision (benefit) from Income Taxes	The provision (benefit) from income taxes follows: Schedule of Provision (benefit) from Income Taxes Fiscal 2023 Fiscal 2022 Current: Federal $ - $ - State - - Foreign 376 (2,581 ) Total current 376 (2,581 ) Deferred: Federal - (5,671,861 ) State - - Foreign - - Total deferred - (5,671,861 ) Income tax provision (benefit) $ 376 $ (5,674,442 )
Schedule of Reconciliation of Income Tax Expense	Schedule of Reconciliation of Income Tax Expense Fiscal 2023 Fiscal 2022 U.S. federal statutory rate $ (6,779,872 ) $ (22,660,372 ) Change in valuation allowance 2,614,549 17,373,839 Disposals of subsidiaries 11,927,360 - State income taxes (1,595,125 ) Foreign tax rate and other foreign tax (4,102,764 ) (1,171,464 ) Extinguishment of senior convertible note 382,413 5,544,743 Non-deductible warrant revaluations (1,493,791 ) (6,608,337 ) Non-deductible revaluation of contingent consideration (959,939 ) 1,790,656 Acquisition costs 7,545 56,493 Income tax provision (benefit) $ 376 $ (5,674,442 )
Schedule of Deferred Tax Assets	Deferred income taxes reflect the net tax effects of temporary differences between the carrying amount of assets and liabilities for financial reporting purposes and amounts used for income tax purposes. Significant components of the Company’s deferred tax assets and liabilities consist of the following: Schedule of Deferred Tax Assets Fiscal 2023 Fiscal 2022 Assets: Net operating losses $ 29,813,860 $ 29,509,842 Nonqualified stock options 1,548,224 1,307,113 Depreciation and amortization - 473,380 Other 11,437 26,265 Gross deferred tax assets 31,373,521 31,316,600 Deferred tax liabilities Acquired intangible assets (712,136 ) (3,269,763 ) Net deferred tax assets 30,661,385 28,046,837 Valuation allowance (30,661,385 ) (28,046,837 ) Deferred tax liabilities, net $ - $ -

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Jun. 30, 2023
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 2022 For the year ended June 30, 2023 2022 Revenues: EEG iGaming segment 19,690,722 53,104,795 EEG Games segment 3,275,082 5,246,855 Total 22,965,804 58,351,650 Adjusted EBITDA EEG iGaming segment (2,542,357 ) (7,019,463 ) EEG Games segment (3,064,747 ) (4,915,549 ) Other (1) (7,356,944 ) (12,960,209 ) Total Adjusted EBITDA (12,964,048 ) (24,895,221 ) Adjusted for: Interest expense (2,485,758 ) (6,423,039 ) Loss on sale of businesses, net (3,497,221 ) - Gain on termination of lease 799,901 - Loss on conversion of senior convertible note - (5,999,662 ) Loss on extinguishment of senior convertible note (1,821,013 ) (28,478,804 ) Change in fair value of derivative liability 7,435,687 (10,882,241 ) Change in fair value of warrant liability 7,113,292 31,468,270 Change in fair value of contingent consideration (2,864,551 ) 2,355,308 Other non-operating income (loss), net (160,276 ) (584,466 ) Depreciation and amortization (6,475,794 ) (12,026,581 ) Right of use asset amortization (46,244 ) (506,742 ) Asset impairment charges (16,135,000 ) (46,498,689 ) Stock-based Compensation (1,148,147 ) (5,165,653 ) Cost of acquisition (35,931 ) (269,012 ) Income tax (expense) benefit (376 ) 5,674,442 Net loss (32,285,479 ) (102,232,090 ) (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 Assets (Details)	Jun. 30, 2023
Property, Plant and Equipment [Line Items]
Property, Plant, and Equipment, Useful Life, Term, Description [Extensible Enumeration]	Leasehold Improvements [Member]
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

Schedule of Weighted Average Di

Schedule of Weighted Average Diluted Common Shares Outstanding (Details) - shares	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities	24,916,022	1,233,376
Common Stock Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities	30,621	11,105
Common Stock Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities	1,975,339	226,006
Common Stock Senior Convertible Note [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities		160,315
10% Series A Cumulative Redeemable Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities	835,950	835,950
Series C Convertible Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities	13,941,091
Series D Convertible Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities	4,084,056
Series D Convertible Preferred Stock Issuable From Exercise Of Preferred Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities	4,048,965

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details Narrative) - USD ($)												1 Months Ended	12 Months Ended
	Sep. 15, 2023	Sep. 15, 2023	Aug. 17, 2023	Aug. 16, 2023	Aug. 15, 2023	May 22, 2023	Nov. 30, 2022	Oct. 11, 2022	Jun. 06, 2022	Apr. 03, 2022	Oct. 13, 2021	May 22, 2023	Jun. 30, 2023	Jun. 30, 2022	Oct. 12, 2023	Mar. 07, 2023	Apr. 11, 2022	Jun. 30, 2021
Accumulated deficit													$ 181,425,905	$ 149,140,426
Total current assets													4,043,048	9,971,985
Total current liabilities													8,855,437	65,822,224
Net cash used in operating activities													15,746,481	21,006,437
net loss													32,285,479	102,232,090
Cash on-hand													1,745,298	$ 2,517,146				$ 19,917,196
Net current liabilities													$ 4,812,389
Number of shares issued										2,000			111,391
Underwriting discounts and commissions												$ 341,000
Common stock par value													$ 0.001	$ 0.001
Gross sales proceeds													$ 17,850
Share price																$ 1	$ 1
Goodwill impairment charges													1,635,000
Asset impairment charges													16,135,000	$ 46,498,689
Goodwill impairment charges													16,135,000	26,972,631
Intangible assets, capitalized													$ 0	0
Impairment of long lived assets														19,526,058
Operating Lease, Impairment Loss														1,416,807
[custom:EarningsPerShareConvertiblePreferredStockDescription]													The conversion price used to estimate the number of common stock issuable for the Series C Convertible Preferred Stock, Series D Convertible Preferred Stock and Common stock issuable on conversion of Series D convertible preferred stock issuable from exercise of Series D preferred warrants, was 90% of the Company’s Nasdaq Official Closing Price of $1.18 on June 30, 2023. Issuances of shares of common stock upon conversion of the Series D Convertible Preferred Stock and Common Warrants in excess of 20% of the Company’s outstanding shares of common stock require approval by the Company’s stockholders pursuant to the rules and regulations of the Nasdaq Stock Market.
Foreign exchange transaction loss													$ 108,175	149,573
Sales and marketing expense													$ 5,946,697	25,728,220
Argrll [Member]
Asset impairment charges														44,481
Egl [Member]
Asset impairment charges														608,626
Computer Software, Intangible Asset [Member]
Intangible assets estimated life													5 years
Trade Names [Member]
Intangible assets estimated life													10 years
Gaming Licenses [Member]
Intangible assets estimated life													2 years
EEG iGaming [Member]
Asset impairment charges													$ 14,500,000	3,852,876
Goodwill impairment charges													14,500,000	3,852,876
EEG iGaming [Member] | Argrll [Member]
Asset impairment charges														3,972,022
E E G Gaming [Member]
Asset impairment charges													16,135,000	26,972,631
EEG Games [Member]
Goodwill impairment charges													1,635,000	23,119,755
EEG Games [Member] | Egl [Member]
Asset impairment charges														13,484,122
EEG Games [Member] | GGC and Helix [Member]
Asset impairment charges														653,107
Minimum [Member]
Market capital requirement amount							$ 2,500,000,000,000		$ 35,000,000,000,000
Maximum [Member]
FDIC insured amount													250,000	250,000
Subsequent Event [Member]
Common stock par value	$ 0.001	$ 0.001
Cash on hand															$ 314,000
Common Warrant [Member]
Common stock price per share						$ 1.96						$ 1.96
Purchase of warrant						1,433,333						1,433,333
Preferred Warrant [Member]
Common stock price per share						$ 1,000						$ 1,000
Purchase of warrant						4,300						4,300
Gross proceeds						$ 4,300,000
Underwriting discounts and commissions						341,000
Net proceeds						$ 3,959,000
Common Stock [Member]
net loss
Number of shares issued														11,658
Common Stock [Member] | Subsequent Event [Member]
Number of shares issued				1,000,000	1,000,000
Common stock price per share				$ 0.1935	$ 0.1935
Common stock par value				0.001	0.001
Exercise price per share			$ 0.001
Prefunded Warrant [Member] | Subsequent Event [Member]
Common stock price per share				$ 0.1935	$ 0.1935
Purchase of warrant				4,167,959	4,167,959
Exercise price per share			$ 0.001		$ 0.001
Gross sales proceeds			$ 870,000
Estimated offering expenses			130,000
Warrant [Member] | Subsequent Event [Member]
Exercise price per share				$ 0.001	$ 0.001
Series D Convertible Preferred Stock [Member]
Number of shares issued						4,300
Common stock price per share						$ 1,000						$ 1,000
Series D Convertible Preferred Stock [Member] | Preferred Warrant [Member]
Gross proceeds						$ 4,300,000
Gross sales proceeds						$ 32,364
Series D Convertible Preferred Stock [Member] | Prefunded Warrant [Member] | Subsequent Event [Member]
Gross sales proceeds			$ 1,000,000
Redeemable Convertible Preferred Stock [Member]
Preferred Stock, Dividend Rate, Percentage								10%
Equity Distribution Agreement [Member]
Net proceeds, rate													50%
Equity Distribution Agreement [Member] | Subsequent Event [Member]
Common stock par value	$ 0.001	$ 0.001
Equity Distribution Agreement [Member] | Subsequent Event [Member] | Maximum [Member]
Gross proceeds	$ 7,186,257
ATM Offering [Member]
Gross proceeds													$ 7,186,257
ATM Offering [Member] | Subsequent Event [Member]
Gross sales proceeds		$ 7,186,257
Senior Convertible Note [Member]
Reverse stock split													one-for-one-hundred (1-for-100) reverse stock split
Number of shares issued													160,315
Senior Convertible Note [Member] | Common Stock [Member] | Maximum [Member]
Number of shares issued											2,000

Schedule of Preliminary Purchas

Schedule of Preliminary Purchase Price Allocation of Acquisition (Details) - Bethard Group Limited [Member]	Jul. 13, 2022 USD ($)	Jul. 13, 2022 USD ($)	Jul. 13, 2022 EUR (€)	Jul. 13, 2021 USD ($)	Jul. 13, 2021 EUR (€)
Business Acquisition [Line Items]
Cash paid at closing	$ 20,067,871
Contingent cash consideration	6,700,000	$ 6,700,000
Total purchase price consideration	26,767,871	$ 8,971,519	€ 7,600,000
Initial Payment [Member]
Business Acquisition [Line Items]
Cash paid at closing	15,346,019			$ 15,346,019	€ 13,000,000
Second Payment [Member]
Business Acquisition [Line Items]
Cash paid at closing	$ 4,721,852			$ 4,721,852	€ 4,000,000

Schedule of Purchase Price Allo

Schedule of Purchase Price Allocation of the Assets Acquired and Liabilities Assumed (Details) - USD ($)	Jun. 30, 2023	Jul. 13, 2022	Jun. 30, 2022	Jun. 30, 2021
Business Acquisition [Line Items]
Goodwill	$ 4,491,223		$ 22,275,313	$ 40,937,370
Bethard Group Limited [Member]
Business Acquisition [Line Items]
Receivables reserved for users		$ 3,109,782
Intangible assets		18,100,000
Goodwill		11,292,685
Other non-current assets		1,180,463
Accrued liabilities		(5,634)
Player liability		(3,108,425)
Deferred income taxes		(3,801,000)
Total		$ 26,767,871

Schedule of Fair Value of Acqui

Schedule of Fair Value of Acquired Intangible Assets (Details) - Bethard Group Limited [Member]	Jul. 13, 2022 USD ($)
Business Acquisition [Line Items]
Fair value of acquired Intangible assets	$ 18,100,000
Trade Names [Member]
Business Acquisition [Line Items]
Acquired intangible assets, useful lives (years)	10 years
Fair value of acquired Intangible assets	$ 3,500,000
Player Interface [Member]
Business Acquisition [Line Items]
Acquired intangible assets, useful lives (years)	5 years
Developed Technology Rights [Member]
Business Acquisition [Line Items]
Fair value of acquired Intangible assets	$ 1,200,000
Gaming Licenses [Member]
Business Acquisition [Line Items]
Acquired intangible assets, useful lives (years)	2 years
Fair value of acquired Intangible assets	$ 700,000
Player Relationships [Member]
Business Acquisition [Line Items]
Acquired intangible assets, useful lives (years)	5 years
Fair value of acquired Intangible assets	$ 12,700,000

Disposals, Acquisitions and R_3

Disposals, Acquisitions and Related Items (Details Narrative)											1 Months Ended	3 Months Ended	12 Months Ended
	Feb. 24, 2023 USD ($)	Feb. 24, 2023 EUR (€)	Feb. 16, 2023 USD ($)	Jan. 18, 2023 USD ($)	Nov. 10, 2022 USD ($)	Jul. 13, 2022 USD ($)	Jul. 13, 2022 EUR (€)	Jul. 13, 2022 USD ($)	Jul. 13, 2021 USD ($)	Jul. 13, 2021 EUR (€)	Jun. 30, 2023 USD ($)	Apr. 28, 2023 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2023 EUR (€)	Jun. 30, 2022 USD ($)	Feb. 24, 2023 EUR (€)	Oct. 31, 2022 USD ($)	Oct. 31, 2022 EUR (€)	Jun. 30, 2022 EUR (€)	Jun. 30, 2021 USD ($)
Business Acquisition [Line Items]
Business Combination, Contingent Consideration, Liability															$ 3,328,361
Proceeds from gain on disposal					$ 610,643
Percentage of proceeds from sale of business			50%
Gaming revenue percentage									12%	12%
Marketing costs											1,054,085		1,054,085		2,388,987
Businesses net of cash divested													1,739,882
Disposal group, deferred gain on disposal					$ 2,151,862
Proceeds from sale of business															159,872
Regulatory deposit															20,067,871
Series A Cumulative Redeemable Convertible Preferred Stock [Member]
Business Acquisition [Line Items]
Equity ownership percentage									10%	10%
Esports Gaming League [Member]
Business Acquisition [Line Items]
Proceeds from gain on disposal											$ 361,006
Proceeds from sale of business													250,000
Spanish iGaming Operations [Member]
Business Acquisition [Line Items]
Proceeds and cash received percentage				6,500%
Bethard [Member]
Business Acquisition [Line Items]
Investment owned agreed to pay																	$ 6,891,782	€ 6,535,753	€ 3,328,361
Gaming revenue percentage																	12%	12%
Marketing costs																	$ 13,834,699	€ 13,120,000
Senior Convertible Note [Member] | Bethard Business [Member]
Business Acquisition [Line Items]
Proceeds from gain on disposal	$ 7,735,724
Senior Convertible Note [Member] | Spanish iGaming Operations [Member]
Business Acquisition [Line Items]
Proceeds from gain on disposal				$ 1,114,992
Businesses net of cash divested				1,200,000
Deposits				$ 1,000,000
Waiver Agreement [Member] | Senior Convertible Note Holder [Member]
Business Acquisition [Line Items]
Increasing in debt			$ 2,950,000									$ 2,950,010
Increasing in debt			450,000									450,010
Converted accrued liabilities			$ 2,500,000									$ 2,500,000
Bethard Business [Member] | Share Purchase Agreement [Member]
Business Acquisition [Line Items]
Purchase consideration	8,090,965
Cash received	1,739,882	€ 1,650,000
Holdback on sale of Bethard Business	158,171	€ 150,000
Business Combination, Contingent Consideration, Liability	6,192,912															€ 5,872,989
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Accounts Payable	$ 1,306,021															€ 1,238,552
Bethard [Member]
Business Acquisition [Line Items]
Recognized a gain													2,864,551		2,355,308
Bethard Group Limited [Member]
Business Acquisition [Line Items]
Purchase consideration						$ 8,971,519	€ 7,600,000	$ 26,767,871
Gaming revenue percentage									15%	15%
Recognized a gain						$ 6,700,000		6,700,000
Cash purchase								20,067,871
Regulatory deposit									$ 1,180,463	€ 1,000,000
Business Combination, Contingent Consideration Arrangements, Description						At the time of the acquisition. the contingent cash consideration assumed a cash payment equal to 15% of net gaming revenue for the Bethard Business through the Additional Payment Due Date as set forth through the Second Payment Due Date estimated to be approximately four months at acquisition, then reverting to 12% thereafter for the remainder of a two-year period following the acquisition date	At the time of the acquisition. the contingent cash consideration assumed a cash payment equal to 15% of net gaming revenue for the Bethard Business through the Additional Payment Due Date as set forth through the Second Payment Due Date estimated to be approximately four months at acquisition, then reverting to 12% thereafter for the remainder of a two-year period following the acquisition date
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable													$ 498,417	€ 422,222
Business Combination, Separately Recognized Transactions, Net Gains and Losses															1,005,594
Business Combination, Acquisition Related Costs															$ 255,481
Bethard Group Limited [Member] | Initial Payment [Member]
Business Acquisition [Line Items]
Cash purchase								15,346,019	15,346,019	13,000,000
Bethard Group Limited [Member] | Second Payment [Member]
Business Acquisition [Line Items]
Cash purchase								$ 4,721,852	$ 4,721,852	€ 4,000,000

Schedule of Other Receivables (

Schedule of Other Receivables (Details) - USD ($)	Jun. 30, 2023	Jun. 30, 2022
Receivables [Abstract]
Indirect taxes	$ 21,024	$ 306,040
Other	476,579	66,243
Other receivables	$ 497,603	$ 372,283

Schedule of Prepaid Expenses an

Schedule of Prepaid Expenses and Other Current Assets (Details) - USD ($)	Jun. 30, 2023	Jun. 30, 2022
Prepaid Expenses And Other Current Assets
Prepaid marketing costs	$ 53,365	$ 298,300
Prepaid insurance	265,974	230,404
Prepaid gaming costs	375,082	575,113
Other	11,609	439,236
Prepaid expenses and other current assets	$ 706,030	$ 1,543,053

Schedule of Equipment (Details)

Schedule of Equipment (Details) - USD ($)	Jun. 30, 2023	Jun. 30, 2022
Property, Plant and Equipment [Line Items]
Equipment, at cost	$ 72,573	$ 70,437
Accumulated depreciation and finance lease amortization	(52,560)	(26,512)
Equipment, net	20,013	43,925
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Equipment, at cost	36,630	35,911
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Equipment, at cost	$ 35,943	$ 34,526

Equipment (Details Narrative)

Equipment (Details Narrative) - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Property, Plant and Equipment [Abstract]
Depreciation	$ 26,404	$ 154,464

Schedule of Goodwill (Details)

Schedule of Goodwill (Details) - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Indefinite-Lived Intangible Assets [Line Items]
Goodwill, gross, beginning balance	$ 49,247,944	$ 40,937,370
Accumulated goodwill impairment charges, beginning balance	(26,972,631)
Goodwill, net, beginning balance	22,275,313	40,937,370
Goodwill acquired during the year		11,292,685
Effects of foreign currency exchange rates	467,793	(2,982,111)
Impairment charges	(16,135,000)	(26,972,631)
Goodwill disposed of during the year	(2,116,882)
Goodwill, gross, ending balance	20,887,285	49,247,944
Accumulated goodwill impairment charges, ending balance	(16,396,062)	(26,972,631)
Goodwill, net, ending balance	4,491,223	22,275,313
EEG iGaming [Member]
Indefinite-Lived Intangible Assets [Line Items]
Goodwill, gross, beginning balance	23,513,357	15,109,012
Accumulated goodwill impairment charges, beginning balance	(3,852,876)
Goodwill, net, beginning balance	19,660,481	15,109,012
Goodwill acquired during the year		11,292,685
Effects of foreign currency exchange rates	467,793	(2,888,340)
Impairment charges	(14,500,000)	(3,852,876)
Goodwill disposed of during the year	(2,116,882)
Goodwill, gross, ending balance	9,441,453	23,513,357
Accumulated goodwill impairment charges, ending balance	(5,930,062)	(3,852,876)
Goodwill, net, ending balance	3,511,391	19,660,481
EEG Games [Member]
Indefinite-Lived Intangible Assets [Line Items]
Goodwill, gross, beginning balance	25,734,587	25,828,358
Accumulated goodwill impairment charges, beginning balance	(23,119,755)
Goodwill, net, beginning balance	2,614,832	25,828,358
Goodwill acquired during the year
Effects of foreign currency exchange rates		(93,771)
Impairment charges	(1,635,000)	(23,119,755)
Goodwill disposed of during the year
Goodwill, gross, ending balance	11,445,832	25,734,587
Accumulated goodwill impairment charges, ending balance	(10,466,000)	(23,119,755)
Goodwill, net, ending balance	$ 979,832	$ 2,614,832

Schedule of Intangible Assets (

Schedule of Intangible Assets (Details) - USD ($)	Jun. 30, 2023	Jun. 30, 2022
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 23,015,437	$ 38,407,560
Accumulated Amortization	(9,690,810)	(8,061,071)
Net Carrying Amount	13,324,627	30,346,489
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	2,801,963	5,835,512
Accumulated Amortization	(566,501)	(578,960)
Net Carrying Amount	2,235,462	5,256,552
Developed Technology and Software [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	9,240,018	10,109,366
Accumulated Amortization	(3,757,061)	(1,935,018)
Net Carrying Amount	5,482,957	8,174,348
Gaming Licenses [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	724,431	1,317,567
Accumulated Amortization	(724,431)	(774,760)
Net Carrying Amount		542,807
Player Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	10,022,587	20,920,029
Accumulated Amortization	(4,621,655)	(4,757,813)
Net Carrying Amount	5,400,932	16,162,216
Internal-use Software [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	226,438	225,086
Accumulated Amortization	(21,162)	(14,520)
Net Carrying Amount	$ 205,276	$ 210,566

Schedule of Future Amortization

Schedule of Future Amortization of Intangible Assets (Details) - USD ($)	Jun. 30, 2023	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Fiscal 2024	$ 4,333,526
Fiscal 2025	4,333,526
Fiscal 2026	3,175,014
Fiscal 2027	362,192
Fiscal 2028	326,816
Thereafter	793,553
Total	$ 13,324,627	$ 30,346,489

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets (Details Narrative) - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Indefinite-Lived Intangible Assets [Line Items]
Loss on disposal of businesses	$ 2,116,882
Asset impairment charges	0
Goodwill, impairment loss, net of tax	16,135,000	$ 26,972,631
Asset impairment charges		17,456,144
Goodwill and intangible asset impairment charges	44,428,775
Amortization of intangible assets	6,449,390	11,872,117
EGL Reporting Unit [Member]
Indefinite-Lived Intangible Assets [Line Items]
Goodwill, impairment loss, net of tax		1,895,164
GGC Reporting Unit [Member]
Indefinite-Lived Intangible Assets [Line Items]
Goodwill, impairment loss, net of tax		8,831,000
Helix Reporting Unit [Member]
Indefinite-Lived Intangible Assets [Line Items]
Goodwill, impairment loss, net of tax		12,393,591
Argyll, EGL, GGC and Helix Tradenames [Member]
Indefinite-Lived Intangible Assets [Line Items]
Asset impairment charges	3,644,048
Developed Technology and Software [Member]
Indefinite-Lived Intangible Assets [Line Items]
Asset impairment charges	12,100,997
Argyll and EGL Player Relationships [Member]
Indefinite-Lived Intangible Assets [Line Items]
Asset impairment charges	1,675,580
Argyll Gaming Licenses [Member]
Indefinite-Lived Intangible Assets [Line Items]
Asset impairment charges	35,519
EEG iGaming [Member]
Indefinite-Lived Intangible Assets [Line Items]
Loss on disposal of businesses	2,116,882
Goodwill, impairment loss, net of tax	14,500,000	3,852,876
Amortization of intangible assets	5,455,088	8,679,881
EEG Games [Member]
Indefinite-Lived Intangible Assets [Line Items]
Loss on disposal of businesses
Goodwill, impairment loss, net of tax	1,635,000	23,119,755
Amortization of intangible assets	$ 994,302	$ 3,192,236

Schedule of Other Non-Current A

Schedule of Other Non-Current Assets (Details) - USD ($)	Jun. 30, 2023	Jun. 30, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
iGaming regulatory deposits		$ 1,715,053
iGaming deposits with service providers		261,825
Rent deposit		80,520
Other	136,863	4,778
Other non-current assets	$ 136,863	$ 2,062,176

Schedule of Account Payable and

Schedule of Account Payable and Accrued Expenses (Details) - USD ($)	Jun. 30, 2023	Jun. 30, 2022
Payables and Accruals [Abstract]
Trade accounts payable	$ 4,469,927	$ 5,069,616
Accrued marketing	1,054,085	2,388,987
Accrued payroll and benefits	298,636	833,322
Accrued gaming liabilities	145,393	446,626
Accrued professional fees	286,314	555,967
Accrued jackpot liabilities	91,892	297,970
Accrued other liabilities	759,947	2,751,564
Total	$ 7,106,194	$ 12,344,052

Related Party Transactions (Det

Related Party Transactions (Details Narrative)		3 Months Ended		12 Months Ended			37 Months Ended
	Apr. 03, 2022 USD ($) shares	Jun. 30, 2022 USD ($)	Jun. 30, 2022 NZD ($)	Jun. 30, 2023 USD ($) shares	Jun. 30, 2023 GBP (£) shares	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($)
Related Party Transaction [Line Items]
Cost of revenue				$ 8,787,254		$ 24,164,661
Stock Issued During Period, Shares, New Issues | shares	2,000			111,391	111,391
Payment to acquire intangible assets						34,648
Consultant Agreements [Member]
Related Party Transaction [Line Items]
Related party amount of transaction				21,920	£ 18,000
Legal fees				60,000
Employment Agreement [Member]
Related Party Transaction [Line Items]
[custom:MonthlyPayments]	$ 500
Consultancy Agreement [Member]
Related Party Transaction [Line Items]
[custom:MonthlyPayments]		$ 23,524	$ 36,995
Tilt, LLC [Member]
Related Party Transaction [Line Items]
Proceeds from net sales						222,559
Payment to acquire equipment lease						33,600
Payment for services						16,589
Payment to acquire intangible assets						20,128
Payment to purchase computer inventory						140,000
Related Party [Member]
Related Party Transaction [Line Items]
Cost of revenue				72,107		52,791
Selling, General and Administrative Expense				18,521		26,148
Related Party [Member] | Advisory Services Ltd [Member]
Related Party Transaction [Line Items]
Amounts payable to related parties		0		$ 12,700		0	$ 12,700
Chief Executive Officer [Member]
Related Party Transaction [Line Items]
Related party transaction rate				5%	5%
Related party amount of transaction				$ 47,895		3,359
Chief Executive Officer [Member] | Related Party [Member]
Related Party Transaction [Line Items]
Charges incurred				2,400		4,800
Amounts payable to related parties		$ 0		$ 0		$ 0	0
Chief Financial Officer [Member] | Employment Agreement [Member]
Related Party Transaction [Line Items]
Related party amount of transaction							$ 500

Schedule of Assets and Liabilit

Schedule of Assets and Liabilities Related to Operating Leases (Details) - USD ($)	Jun. 30, 2023	Jun. 30, 2022
Leases
Operating lease assets	$ 85,517	$ 164,288
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Operating lease right-of-use asset	Operating lease right-of-use asset
Total lease assets	$ 85,517	$ 164,288
Operating lease liabilities	95,903	364,269
Operating lease liabilities		669,286
Total lease liabilities	$ 95,903	$ 1,033,555

Schedule of Weighted Average Re

Schedule of Weighted Average Remaining Lease Terms and Discount Rates (Details)	Jun. 30, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2020
Leases
Operating Lease, Weighted Average Remaining Lease Term	1 year	3 years 10 months 13 days
Operating Lease, Weighted Average Discount Rate, Percent	8%	8%	8%	8%

Schedule of Maturity of Operati

Schedule of Maturity of Operating Lease Liability (Details)	Jun. 30, 2023 USD ($)
Leases
Fiscal 2024	$ 100,606
Thereafter
Total lease payments	100,606
Less: imputed interest	(4,703)
Present value of lease liabilities	$ 95,903

Leases (Details Narrative)

Leases (Details Narrative)	1 Months Ended				12 Months Ended
	Mar. 31, 2022 USD ($)	Oct. 31, 2021 USD ($)	Jul. 31, 2021	Jun. 30, 2020 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2023 EUR (€)	Jun. 30, 2022 USD ($)
Operating lease expense	$ 40,103			$ 50,702	$ 97,147		$ 356,395
Lease percentage	8%			8%	8%	8%	8%
Gain on termination of lease					$ 799,901
Lease term	2 years 6 months			2 years 6 months
Finance lease expense					0		33,398
Operating Lease, Impairment Loss							1,416,807
Asset Impairment Charges					16,135,000		46,498,689
Helix Holdings LLC [Member]
Operating Lease, Impairment Loss							1,416,807
Asset Impairment Charges							$ 175,858
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					$ 90,594	€ 83,000
Lease percentage			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
Lease percentage		3%

Schedule of Notes Payable and O

Schedule of Notes Payable and Other Long-term Debt (Details) - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Short-Term Debt [Line Items]
Less current portion of notes payable and long-term debt		$ (139,538)
Notes Payable & Other Long-term [Member]
Short-Term Debt [Line Items]
Notes payable		139,538
Maturity	Apr. 30, 2023
Interest rate	3.49%
Total		139,538
Less current portion of notes payable and long-term debt		(139,538)
Notes payable and other long-term debt

Long-term Debt (Details Narrati

Long-term Debt (Details Narrative)												2 Months Ended	3 Months Ended	9 Months Ended		12 Months Ended
	May 01, 2023 USD ($)	Apr. 28, 2023 USD ($)	Apr. 19, 2023 USD ($)	Feb. 16, 2023 USD ($)	Dec. 19, 2022 USD ($)	Sep. 19, 2022 USD ($) $ / shares shares	Apr. 03, 2022 shares	Mar. 02, 2022 USD ($) $ / shares shares	Oct. 13, 2021 USD ($) shares	Jun. 02, 2021 USD ($) $ / shares shares	Apr. 30, 2020	Mar. 31, 2023 USD ($)	Apr. 28, 2023 USD ($) shares	Mar. 31, 2023 USD ($)	Mar. 31, 2022 USD ($)	Jun. 30, 2023 USD ($) $ / shares shares	Jun. 30, 2022 USD ($) $ / shares shares	Jun. 02, 2023	Jan. 27, 2023	Dec. 31, 2022 USD ($)	Apr. 01, 2022 $ / shares shares	Feb. 22, 2022 USD ($)	Nov. 02, 2021	Jun. 30, 2021 USD ($)	Jul. 31, 2020 USD ($)	Jul. 31, 2020 GBP (£)
Debt Instrument [Line Items]
Interest expense																$ 2,485,758	$ 6,423,039
Amount remitted																3,458,403
Loss on extinguishment of debt																(1,821,013)	(28,478,804)
Stock issued during period value conversion of convertible securities																$ 22,877,955	10,652,648
Number of shares issued | shares							2,000									111,391
Derivative liabilities																	9,399,620
Loss on conversion of senior convertible note																	5,999,662
Cash liability																	$ 9,399,620
Warrants overallotment | shares																1,947,833	172,500
Change in fair market value of warrant liability																$ (7,113,292)	$ (31,468,270)
Series C Convertible Perpetual Preferred Stock [Member]
Debt Instrument [Line Items]
Stock issued during period value conversion of convertible securities		$ 15,230,024
Common Stock [Member]
Debt Instrument [Line Items]
Stock issued during period value conversion of convertible securities																2,242	$ 25
Number of shares issued | shares																	11,658
Series A Warrants [Member]
Debt Instrument [Line Items]
Warrants and rights outstanding																	$ 117,340
Number of warrants issued | shares										20,000
Exercise price | $ / shares										$ 1,750
Series B Warrants [Member]
Debt Instrument [Line Items]
Warrants and rights outstanding																	5,390
Number of warrants issued | shares										20,000
Exercise price | $ / shares										$ 1,750
Series A and B Warrants [Member]
Debt Instrument [Line Items]
Warrants and rights outstanding																0	122,730
Class of warrant description										The Series A Warrants are callable by the Company should the volume weighted average share price of the Company exceed $3,250.00 for each of 30 consecutive trading days following the date such warrants become eligible for exercise. The Series A 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																122,730	23,377,270
Senior Notes [Member]
Debt Instrument [Line Items]
Debt instrument, face amount		15,910,000											$ 15,910,000
Debt principle amount		19,261,583											$ 19,261,583
Loss on extinguishment of debt																1,963,906
Derivative liability																1,963,906
Senior Notes [Member] | Common Stock [Member]
Debt Instrument [Line Items]
Debt aggregate shares of common stock | shares													2,242,143
Make Whole Derivative Liability [Member]
Debt Instrument [Line Items]
Derivative liability																$ 1,963,906
September 2022 Offering [Member]
Debt Instrument [Line Items]
Number of shares sold | shares						300,000										300,000
Price per share | $ / shares						$ 25										$ 25
Number of warrants issued | shares						300,000
Exercise price | $ / shares						$ 25										$ 25
September 2022 Warrants [Member]
Debt Instrument [Line Items]
Warrants and rights outstanding						$ 5,286,288										$ 251,876
Number of shares sold | shares						300,000
Price per share | $ / shares						$ 25
Number of warrants issued | shares						300,000
Exercise price | $ / shares						$ 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. The warrants are not callable by the Company.
Change in fair market value of warrant liability																5,034,412
Over-Allotment Option [Member]
Debt Instrument [Line Items]
Warrants overallotment | shares						36,000
March 2022 Warrants [Member]
Debt Instrument [Line Items]
Warrants and rights outstanding								$ 9,553,500								113,850	2,070,000
Number of shares sold | shares								150,000
Price per share | $ / shares								$ 100
Number of warrants issued | shares								150,000													22,500
Exercise price | $ / shares								$ 100													$ 100
Class of warrant description								The March 2022 Warrants are callable by the Company should the volume weighted average share price of the Company exceed $300.00 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																1,956,150	7,483,500
April 2022 Warrants [Member]
Debt Instrument [Line Items]
Warrants and rights outstanding								$ 607,500
Senior Convertible Note [Member]
Debt Instrument [Line Items]
Interest expense																1,075,069
Debt instrument, face amount										$ 35,000,000						1,500,000
Interest due					$ 1,073,343
Debt weighted average interest rate																			90%
Loss on extinguishment of debt													$ 3,616,372			3,616,372	28,478,804
Stock issued during period value conversion of convertible securities																19,261,583	$ 10,652,648
Derivative liability																$ 15,230,024
Debt instrument interest rate																8%
Increase in interest rate																12%
Accounts payable and accrued expenses																$ 0
Debt instrument convertible conversion price | $ / shares										$ 1,750						$ 1,750	$ 423.57
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. The Holder did 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 could have from time to time increased this limit to 9.99%, provided that any such increase would not have been effective until the 61st day after delivery of a notice to the Company of such increase
Debt instrument convertible terms of conversion feature																The Holder did 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 could have from time to time increased this limit to 9.99%, provided that any such increase would not have been effective until the 61st day after delivery of a notice to the Company of such increase
Conversion floor price | $ / shares																$ 218.32
Number of shares issued | shares																160,315
Derivative liabilities												$ 1,963,906		$ 1,963,906
Cash liability												1,862,000,000		1,862,000,000
Proceeds from convertible debt										$ 32,515,000
Deferred finance 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 converted instrument amount									$ 7,500,000
Senior Convertible Note [Member] | Holder [Member]
Debt Instrument [Line Items]
Debt conversion converted instrument amount																	$ 7,500,000
Debt conversion converted instrument shares issued | shares																	25,145
Loss on conversion of senior convertible note															$ 5,999,662
Senior Convertible Note [Member] | Series A Cumulative Redeemable Convertible Preferred Stock [Member]
Debt Instrument [Line Items]
Debt instrument interest rate																1,000%							1,000%
Senior Convertible Note [Member] | Common Stock [Member] | Maximum [Member]
Debt Instrument [Line Items]
Number of shares issued | shares									2,000
Senior Convertible Note [Member] | Series A Warrants [Member]
Debt Instrument [Line Items]
Number of shares issued | shares										20,000
Senior Convertible Note [Member] | Series B Warrants [Member]
Debt Instrument [Line Items]
Number of shares issued | shares										20,000
Senior Convertible Note [Member] | September 2022 Offering [Member]
Debt Instrument [Line Items]
Debt instrument, face amount																				$ 32,221,573
Amount remitted						$ 2,778,427
Senior Convertible Note Holder [Member]
Debt Instrument [Line Items]
Debt redeemed amount			$ 679,976
Amount paid to the holder	$ 150,000		750,000
Settlement of redemption premium amount			51,450
Settlement of accrued interest			168,574
Make Whole Derivative Liability [Member]
Debt Instrument [Line Items]
Loss on extinguishment of debt												7,435,687
New Note Agreement [Member]
Debt Instrument [Line Items]
Conversion floor price | $ / shares																$ 218.32
Cash liability																	$ 180,000,000
Exchange Agreement [Member] | Senior Convertible Note [Member]
Debt Instrument [Line Items]
Debt instrument interest rate effective percentage																		100%
Exchange Agreement [Member] | Senior Convertible Note [Member]
Debt Instrument [Line Items]
Debt instrument carrying amount																						$ 29,150,001
Debt instrument, face amount																						$ 35,000,000
Waiver Agreement [Member] | Senior Convertible Note Holder [Member]
Debt Instrument [Line Items]
Debt instrument carrying amount			15,910,000
Increasing in debt				$ 2,950,000									2,950,010
Debt principle amount		450,010		450,000									450,010
Converted accrued liabilities		$ 2,500,000		$ 2,500,000									$ 2,500,000
Debt redeemed amount			$ 679,976
Term Loan Facility [Member] | Argyll Entertainment [Member]
Debt Instrument [Line Items]
Notes payable to bank												$ 26,210		$ 26,210											$ 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.
Interest expense																$ 1,964	$ 9,076

Commitments and contingencies (

Commitments and contingencies (Details Narrative) - USD ($)						12 Months Ended
	Jan. 06, 2023	Apr. 03, 2022	Aug. 17, 2020	Aug. 06, 2020	Oct. 01, 2019	Jun. 30, 2025	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022	Sep. 28, 2023
Issuance of common stock									$ 3,885,109
Sales and marketing expense								$ 5,946,697	25,728,220
Number of units issued									3,885,109
Issuance of common stock under the ATM, net of issuance costs, shares		2,000						111,391
Accounts payable and accrued expenses								$ 7,106,194	12,344,052
One Year Anniversary [Member]
Sales and marketing expense								1,358,168
Number of units issued			$ 1,550,000					$ 1,250,000
Issuance of common stock under the ATM, net of issuance costs, shares			500					100
Debt instrument term			10 years
Accounts payable and accrued expenses								$ 1,250,000
Annual commitment										$ 385,000
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			100
Common Stock [Member]
Number of units issued									$ 12
Issuance of common stock under the ATM, net of issuance costs, shares									11,658
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								$ 444,304
Partnership Agreement [Member]
Capital commitments, shares								1,000
Total capital commitments								$ 100,000,000
Partnership Agreement [Member] | Additional Shares Capital [Member]
Capital commitments, shares								1,000
Total capital commitments								$ 200,000,000
Partnership Agreement [Member] | Game Fund Partners LLC [Member]
Amount of investment								300,000,000
Partnership Agreement [Member] | Initial Invest EEG Shares [Member] | Game Fund Partners LLC [Member]
Amount of investment								$ 2,000,000
Investment percentage								20%
Multi-year Agreement [Member]
Sales and marketing expense								$ 1,370,611	$ 1,090,523
Commitments agreements							$ 340,000
Multi-year Agreement [Member] | Forecast [Member]
Commitments agreements						$ 209,000
Employment Agreement [Member] | Chairman and Chief Executive Officer [Member]
Loss contingency, damages sought, value	$ 1,000,000
Loss contingency, damages sought, shares	2,000

Schedule of Disaggregated by Re

Schedule of Disaggregated by Revenue (Details) - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Disaggregation of Revenue [Line Items]
Revenue	$ 22,965,804	$ 58,351,650
Online Betting and Casino Revenues [Member]
Disaggregation of Revenue [Line Items]
Revenue	19,690,722	53,104,795
Esports and Other Revenues [Member]
Disaggregation of Revenue [Line Items]
Revenue	$ 3,275,082	$ 5,246,855

Schedule of Revenues with Custo

Schedule of Revenues with Customers and Long-lived Assets by Geographical Area (Details) - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	$ 22,965,804	$ 58,351,650
UNITED STATES
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	2,499,554	4,799,084
Non-US [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	$ 20,466,250	$ 53,552,566

Schedule of Company_s revenue r

Schedule of Company’s revenue recognized at point in time or over time (Details) - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Disaggregation of Revenue [Line Items]
Revenue	$ 22,965,804	$ 58,351,650
Point In Time [Member]
Disaggregation of Revenue [Line Items]
Revenue	20,719,613	56,255,133
Over Time [Member]
Disaggregation of Revenue [Line Items]
Revenue	$ 2,246,191	$ 2,096,517

Schedule of deferred revenue (D

Schedule of deferred revenue (Details) - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Deferred revenue, beginning of the year	$ 575,097	$ 22,110
Deferred revenue, end of the year	989,027	575,097
Deferred revenue	$ 514,584	$ 22,110

Schedule of long-lived assets (

Schedule of long-lived assets (Details) - USD ($)	Jun. 30, 2023	Jun. 30, 2022
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	$ 18,058,243	$ 54,892,191
UNITED STATES
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	5,146,469	8,271,360
Non-US [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	$ 12,911,774	$ 46,620,831

Mezzanine Equity (Details Narra

Mezzanine Equity (Details Narrative) - USD ($)						12 Months Ended
	Dec. 21, 2022	Dec. 20, 2022	Apr. 03, 2022	Dec. 10, 2021	Nov. 16, 2021	Jun. 30, 2023	Jun. 30, 2022	Feb. 10, 2023	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
Issuance of common stock under the ATM, net of issuance costs, shares			2,000			111,391
Number of options exercised							140
Common stock par value						$ 0.001	$ 0.001
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 value									$ 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 on November 15, 2026, at which point the Company must redeem the shares of 10% Series A Cumulative Redeemable Convertible Preferred Stock at the redemption price.
Conversion price						$ 17.50
Dividend rate percentage						10%
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]
Issuance of common stock under the ATM, net of issuance costs, shares					120,000
10% Series A Cumulative Redeemable Preferred Stock [Member] | Public Offering [Member]
Class of Stock [Line Items]
Number of shares 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 A Cumulative Redeemable Preferred Stock [Member] | Dividends [Member]
Class of Stock [Line Items]
Dividend rate percentage						10%
Series A Cumulative Redeemable Preferred Stock [Member] | Redemption And Liquidation [Member]
Class of Stock [Line Items]
Dividend rate percentage						10%
Dividends payable, amount per share						$ 11
Series A Cumulative Redeemable Preferred Stock [Member] | Redemption And Liquidation [Member] | Eighty Percentage [Member]
Class of Stock [Line Items]
Dividend rate percentage						80%
Series A Cumulative Redeemable Preferred Stock [Member] | Voting Rights [Member]
Class of Stock [Line Items]
Dividend rate percentage						10%
Series B Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock voting rights	The Certificate of Designation provided that one hundred (100) shares of Series B Preferred Stock will have 25,000,000 votes each and will vote together with the outstanding shares of the Company’s common stock as a single class exclusively with respect to any proposal to effect a reverse stock split of the Company’s common stock.					The outstanding shares of Series B Preferred Stock had 25,000,000 votes per share.
Preferred stock redemption price per share						$ 10		$ 10
Preferred stock redemption value								$ 1,000
Series B Preferred Stock [Member] | Chief Financial Officer [Member]
Class of Stock [Line Items]
Preferred stock, par value		$ 0.001
Number of shares issued		100
Shares issued price per share		$ 10

Schedule of Warrant Activity (D

Schedule of Warrant Activity (Details) - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Equity [Abstract]
Number of Warrants, Outstanding, Beginning Balance	226,006	53,506
Weighted Average Exercise Price, Outstanding, Beginning Balance	$ 412.26	$ 1,418.98
Weighted Average Remaining Life (Years), Outstanding Balance	4 years 7 months 17 days	4 years 25 days	3 years 1 month 20 days
Intrinsic Value, Outstanding, Beginning Balance		$ 8,743,588
Number of Warrants, Issued	1,947,833	172,500
Weighted Average Exercise Price, Issued	$ 7.83	$ 100
Number of Warrants, Exercised	(178,500)
Weighted Average Exercise Price, Exercised	$ 0.10
Number of Warrants, Forfeited or cancelled	(20,000)
Weighted Average Exercise Price, Forfeited or cancelled	$ 1,750
Number of Warrants, Outstanding, Ending Balance	1,975,339	226,006	53,506
Weighted Average Exercise Price, Outstanding, Ending Balance	$ 1.76	$ 412.26	$ 1,418.98
Intrinsic Value, Outstanding, Ending Balance			$ 8,743,588

Schedule of Stock Option Activi

Schedule of Stock Option Activity (Details) - $ / shares	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Equity [Abstract]
Number of Options, Outstanding, Beginning Balance	11,105	4,747
Weighted Average Exercise Price, Outstanding, Beginning Balance	$ 628.71	$ 549.29
Number of Options, Granted	25,000	11,202
Weighted Average Exercise Price, Granted	$ 7.36	$ 671
Number of Options, Exercised		(140)
Weighted Average Exercise Price, Exercised		$ 482
Number of Options, Cancelled	(5,484)	(4,704)
Weighted Average Exercise Price, Cancelled	$ 616.54	$ 653.64
Number of Options, Outstanding, Ending Balance	30,621	11,105
Weighted Average Exercise Price, Outstanding, Ending Balance	$ 123.88	$ 628.71

Schedule of Weighted Average As

Schedule of Weighted Average Assumptions Valued Using Black-Scholes Option Pricing Model (Details) - $ / shares		12 Months Ended
	May 22, 2023	Jun. 30, 2023	Jun. 30, 2022
Equity [Abstract]
Expected term, in years		5 years	2 years 9 months 21 days
Expected volatility		164.62%	150.82%
Risk-free interest rate		4.09%	0.45%
Dividend yield
Grant date fair value		$ 3.68	$ 534

Schedule of Warrants Outstandin

Schedule of Warrants Outstanding Fair Value Assumption (Details) - $ / shares		3 Months Ended	12 Months Ended
	May 22, 2023	Sep. 19, 2022	Jun. 30, 2023	Jun. 30, 2022	Mar. 31, 2023
Class of Stock [Line Items]
Contractual term, in years			5 years	2 years 9 months 21 days
Expected volatility			164.62%	150.82%
Risk-free interest rate			4.09%	0.45%
Dividend yield
September 2022 Warrants [Member]
Class of Stock [Line Items]
Contractual term, in years		5 years	5 years
Expected volatility		167%	154%
Risk-free interest rate		3.69%	4.27%
Dividend yield
Conversion / exercise price		$ 25	$ 25		$ 1.96
March 2022 Warrants [Member]
Class of Stock [Line Items]
Contractual term, in years			5 years	5 years
Active market			Nasdaq	Nasdaq
Market price			$ 0.66	$ 12
Monte Carlo [Member] | Senior Convertible Note [Member]
Class of Stock [Line Items]
Contractual term, in years				11 months 1 day
Expected volatility				137.11%
Risk-free interest rate				2.72%
Dividend yield
Conversion / exercise price				$ 218.32
De-leveraged volatility				62.88%
Monte Carlo [Member] | Series A and Series B Warrant [Member]
Class of Stock [Line Items]
Contractual term, in years			4 years
Expected volatility			152%
Risk-free interest rate			4.90%
Dividend yield
Conversion / exercise price			$ 1,750	$ 1,750
Monte Carlo [Member] | Series A and Series B Warrant [Member] | Minimum [Member]
Class of Stock [Line Items]
Contractual term, in years				2 years
Expected volatility				120%
Risk-free interest rate				0.24%
Monte Carlo [Member] | Series A and Series B Warrant [Member] | Maximum [Member]
Class of Stock [Line Items]
Contractual term, in years				4 years
Expected volatility				140%
Risk-free interest rate				0.65%
Monte Carlo [Member] | Series D Convertible Preferred Stock [Member]
Class of Stock [Line Items]
Contractual term, in years	2 years
Expected volatility	141.66%
Risk-free interest rate	4.18%
Dividend yield	20%
Conversion / exercise price	$ 2.17

Equity (Details Narrative)

Equity (Details Narrative) - USD ($)																		1 Months Ended			3 Months Ended	12 Months Ended
	Aug. 17, 2023	Aug. 16, 2023	Aug. 15, 2023	May 22, 2023	Apr. 30, 2023	Apr. 19, 2023	Jan. 03, 2023	Dec. 21, 2022	Sep. 19, 2022	Apr. 03, 2022	Apr. 02, 2022	Mar. 02, 2022	Oct. 13, 2021	Sep. 03, 2021	Jun. 02, 2021	Sep. 10, 2020	Apr. 16, 2020	Sep. 15, 2023	May 22, 2023	Apr. 19, 2023	Apr. 28, 2023	Jun. 30, 2023	Jun. 30, 2022	Aug. 31, 2023	Mar. 07, 2023	Dec. 31, 2022	Apr. 11, 2022
Subsidiary, Sale of Stock [Line Items]
Common stock, shares authorized																						500,000,000	500,000,000
Common stock par value																						$ 0.001	$ 0.001
Warrant issuance																						$ 17,850
Conversion of convertible debt																						22,877,955	$ 10,652,648
Loss on extinguishment of debt																						$ (1,821,013)	$ (28,478,804)
Issued award																						25,000	11,202
Exercise price																									$ 1		$ 1
Issuance of common stock under the ATM, net of issuance costs, shares										2,000												111,391
Common stock to settle payables																						$ 131,330
Reverse stock split, shares issued																						36,781
Number of shares issued for service, value																							$ 748,149
Stock options exercised, shares issued																							140
Stock options exercised, value																							$ 67,479
Proceeds from issue of commom stock																							3,885,109
Net proceeds from issue of commom stock																							$ 3,885,109
Shares issued, per value																						$ 0.001	$ 0.001
Underwriting discounts and commissions																			$ 341,000
Proceeds from issuance of warrants																			$ 3,959,000			$ 3,959,000
Weighted average remaining life																						8 years 4 months 6 days
Exercisable shares																						18,121
Weighted average exercise price, exercisable																						$ 706.40
Weighted-average recognition period																						6 months	3 months
Unamortized stock options compensation																							$ 1,074,485
Preferred stock, shares authorized																						10,000,000	10,000,000
Additional paid in capital																						$ 173,461,717	$ 144,914,687
2020 Equity and Incentive Plan [Member]
Subsidiary, Sale of Stock [Line Items]
Shares authorized for issuance																15,000						22,019
Common stock available for future issuance																						16,398
Prefunded Warrants [Member]
Subsidiary, Sale of Stock [Line Items]
Warrant issuance																						$ 17,850
Holder redeemed																						178,500
Subsequent Event [Member]
Subsidiary, Sale of Stock [Line Items]
Common stock par value																		$ 0.001
Stock Options [Member]
Subsidiary, Sale of Stock [Line Items]
Stock-based compensation expense																						$ 964,147	$ 5,165,653
Stock Options [Member] | 2020 Equity and Incentive Plan [Member]
Subsidiary, Sale of Stock [Line Items]
Common stock description																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 2,340 shares
Common Stock [Member]
Subsidiary, Sale of Stock [Line Items]
Exercise price																							$ 224.84
Number of shares issued for service, value																							$ 748,149
Series D Preferred Stock [Member]
Subsidiary, Sale of Stock [Line Items]
Preferred stock, shares issued				4,300															4,300
Shares issued, per value				$ 1,000															$ 1,000
Series D Preferred Stock [Member] | Preferred Warrant [Member]
Subsidiary, Sale of Stock [Line Items]
Issued warrants				4,300															4,300
Shares issued, per value				$ 1,000															$ 1,000
Series D Preferred Stock [Member] | Subsequent Event [Member]
Subsidiary, Sale of Stock [Line Items]
Weighted average conversion price																								$ 0.39
Series C Convertible Preferred Stock [Member]
Subsidiary, Sale of Stock [Line Items]
Issuance of common stock under the ATM, net of issuance costs, shares																				15,230
Preferred stock, shares issued																						14,601	0
Shares issued, per value						$ 0.001														$ 0.001		$ 0.001	$ 0.001
Shares issued, price per share						$ 1,000														$ 1,000
Preferred stock, shares authorized																						20,000	20,000
Preferred stock principal amount						$ 15,230,024														$ 15,230,024
Preferred stock principal amount																				20,000
Preferred stock conversion, description					The Company designated 10,000 shares of preferred stock Series D Convertible Preferred Stock. The Series D SPA direct offering to the Holder included (i) 4,300 shares of new Series D Preferred Stock, $0.001 par value per share, for a price of $1,000 per share, (ii) common warrants to purchase 1,433,333 shares of our Common Stock at a price of $1.96 per share (the “Series D Preferred Common Warrants”), and (iii) preferred warrants to purchase 4,300 shares of our Series D Preferred Stock at a price of $1,000 per share
Series A Cumulative Redeemable Preferred Stock [Member] | Ranking [Member]
Subsidiary, Sale of Stock [Line Items]
Preferred stock, dividend rate, percentage																				10%
Series A Cumulative Redeemable Preferred Stock [Member] | Adjustments [Member]
Subsidiary, Sale of Stock [Line Items]
Event market price																				80%
Series A Cumulative Redeemable Preferred Stock [Member] | Dividends [Member]
Subsidiary, Sale of Stock [Line Items]
Preferred stock, dividend rate, percentage																						10%
Series C Preferred Stock [Member]
Subsidiary, Sale of Stock [Line Items]
Equity term, rate						50%
Series C Preferred Stock [Member] | Affiliates [Member]
Subsidiary, Sale of Stock [Line Items]
Ownership interest, rate						9.99%														9.99%
Series C Preferred Stock [Member] | Conversion [Member]
Subsidiary, Sale of Stock [Line Items]
Preferred stock value						$ 1,000														$ 1,000
Preferred stock, convertible, conversion price						$ 2.50														$ 2.50
Preferred stock, convertible, conversion percentage						90%														90%
Series C Preferred Stock [Member] | Conversion Measuring [Member]
Subsidiary, Sale of Stock [Line Items]
Preferred stock, convertible, conversion price						$ 0.0044														$ 0.0044
Series C Preferred Stock [Member] | Liquidation [Member]
Subsidiary, Sale of Stock [Line Items]
Preferred stock, convertible, conversion percentage						125%														125%
Series C Preferred Stock [Member] | Mandatory Redemption On Bankruptcy Triggering Event [Member]
Subsidiary, Sale of Stock [Line Items]
Preferred stock, dividend rate, percentage																				115%
Series C Preferred Stock [Member] | Dividends [Member]
Subsidiary, Sale of Stock [Line Items]
Preferred stock, dividend rate, percentage																				8%
Increase in interest rate																				0.50%
Series C Preferred Stock [Member] | Subsequent Event [Member]
Subsidiary, Sale of Stock [Line Items]
Weighted average conversion price																								$ 0.44
Series D Convertible Preferred Stock [Member]
Subsidiary, Sale of Stock [Line Items]
Issuance of common stock under the ATM, net of issuance costs, shares				4,300
Preferred stock, shares issued																						4,300	0
Shares issued, per value																						$ 0.001	$ 0.001
Shares issued, price per share				$ 1,000															1,000
Preferred stock, shares authorized																						10,000	10,000
Common Stock [Member]
Subsidiary, Sale of Stock [Line Items]
Conversion of convertible debt																						$ 2,242	$ 25
Conversion of senior convertible note, shares																						2,242,143	25,145
Issuance of common stock under the ATM, net of issuance costs, shares																							11,658
Number of shares issued for service, shares																							3,325
Number of shares issued for service, value																							$ 3
Stock options exercised, shares issued																							140
Stock options exercised, value
Proceeds from issue of commom stock																							$ 12
Common Stock [Member] | Common Warrant [Member]
Subsidiary, Sale of Stock [Line Items]
Common stock par value				$ 1.96															$ 1.96
Issued warrants				1,433,333															1,433,333
Common Stock [Member] | Subsequent Event [Member]
Subsidiary, Sale of Stock [Line Items]
Common stock par value		$ 0.001	$ 0.001
Exercise price per share	$ 0.001
Issuance of common stock under the ATM, net of issuance costs, shares		1,000,000	1,000,000
Shares issued, price per share		$ 0.1935	$ 0.1935
Common Stock [Member] | Share-Based Payment Arrangement, Option [Member]
Subsidiary, Sale of Stock [Line Items]
Exercise price																							$ 481.95
Stock options exercised, shares issued																							140
Stock options exercised, value																							$ 67,479
Common Stock [Member] | Equity Option [Member]
Subsidiary, Sale of Stock [Line Items]
Number of shares issued for service, shares																							3,325
Warrant [Member] | Subsequent Event [Member]
Subsidiary, Sale of Stock [Line Items]
Exercise price per share		$ 0.001	0.001
Series A Warrants [Member]
Subsidiary, Sale of Stock [Line Items]
Exercise price per share															$ 1,750
Issued warrants															20,000
Warrants outstanding															20,000
Warrant expiration date															Jun. 02, 2025
Series B Warrants [Member]
Subsidiary, Sale of Stock [Line Items]
Exercise price per share															$ 1,750
Issued warrants															20,000
Warrants outstanding															20,000
Warrant expiration date															Jun. 02, 2023
Series A and Series B Warrant [Member]
Subsidiary, Sale of Stock [Line Items]
Exercise price per share															$ 1,750
Unit A Warrant [Member]
Subsidiary, Sale of Stock [Line Items]
Warrant expiration date																	Apr. 14, 2025
Prefunded Warrant [Member] | Subsequent Event [Member]
Subsidiary, Sale of Stock [Line Items]
Exercise price per share	$ 0.001		$ 0.001
Warrant issuance	$ 870,000
Issued warrants		4,167,959	4,167,959
Shares issued, price per share		$ 0.1935	$ 0.1935
Prefunded Warrant [Member] | Series D Convertible Preferred Stock [Member] | Subsequent Event [Member]
Subsidiary, Sale of Stock [Line Items]
Warrant issuance	$ 1,000,000
Preferred Warrant [Member]
Subsidiary, Sale of Stock [Line Items]
Issued warrants				4,300															4,300
Underwriting discounts and commissions				$ 341,000
Shares issued, price per share				$ 1,000															$ 1,000
Gross proceeds				$ 4,300,000
Net proceeds				3,959,000
Preferred Warrant [Member] | Series D Convertible Preferred Stock [Member]
Subsidiary, Sale of Stock [Line Items]
Warrant issuance				32,364
Gross proceeds				4,300,000
Allocation of warrants				2,548,758															$ 2,548,758
Additional paid in capital				1,718,878															$ 1,718,878
March 2022 Offering [Member]
Subsidiary, Sale of Stock [Line Items]
Number of shares issued												150,000											150,000
stock price per share												$ 100											$ 100
Exercise price per share											$ 1	$ 100
Issued warrants												150,000
April 2020 Offering [Member]
Subsidiary, Sale of Stock [Line Items]
Number of shares issued																	19,800
Exercise price per share																	$ 425
Issued warrants																	39,600
Conversion of convertible debt																	$ 4,138,585
Shares issued, price per share																	$ 425
April 2020 Offering [Member] | Common Stock [Member]
Subsidiary, Sale of Stock [Line Items]
Number of shares issued																	12,172
April 2020 Offering [Member] | Warrant [Member]
Subsidiary, Sale of Stock [Line Items]
Number of shares issued																	24,345
April 2020 Offering [Member] | Unit A Warrant [Member]
Subsidiary, Sale of Stock [Line Items]
Issued warrants																	2,094
Warrants outstanding																						11,368
April 2020 Offering [Member] | Unit B Warrant [Member]
Subsidiary, Sale of Stock [Line Items]
Issued warrants																	2,094
Warrants outstanding																						0
April 2020 Offering [Member] | Unit A and B warrant [Member]
Subsidiary, Sale of Stock [Line Items]
Exercise price per share																	$ 1
April 2020 Offering [Member] | Unit A Conversion Warrants [Member]
Subsidiary, Sale of Stock [Line Items]
Warrants outstanding																						406
Chief Executive Officer [Member]
Subsidiary, Sale of Stock [Line Items]
Remitted amount																						$ 47,895	$ 3,359
Issued award							25,000															25,000
Exercise price							$ 7.70															$ 7.36
Unamortized stock options compensation																						$ 42,156
Weighted-average recognition period																						6 months
Unamortized stock options compensation																						$ 42,156
Senior Convertible Note [Member]
Subsidiary, Sale of Stock [Line Items]
Conversion of convertible debt																						$ 19,261,583	$ 10,652,648
Conversion of senior convertible note, shares																						2,242,143	25,145
Loss on extinguishment of debt																					$ 3,616,372	$ 3,616,372	$ 28,478,804
Issuance of common stock under the ATM, net of issuance costs, shares																						160,315
Principal amount															$ 35,000,000							$ 1,500,000
Weighted average conversion price															$ 1,750							$ 1,750	$ 423.57
Increase in interest rate																						12%
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													2,000
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															20,000
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															20,000
Series D Preferred Stock [Member] | Preferred Warrant [Member]
Subsidiary, Sale of Stock [Line Items]
Gross proceeds from common stock warrants				$ 4,300,000
September 2022 Offering [Member]
Subsidiary, Sale of Stock [Line Items]
Number of shares issued									300,000													300,000
stock price per share									$ 25													$ 25
Exercise price per share									$ 25													$ 25
Gross proceeds from common stock warrants																						$ 7,536,000
Fair value of issuance of shares																						1,568,130
Cash received from offering																						6,854,418
Issuance costs																						681,582
Warrant issuance									$ 36,000													5,286,288
General working capital																						2,778,427
General working capital included equity																						$ 2,265,927
Percentage of gross proceeds																						50%
Proceeds from issuance or sale of equity																						$ 2,000,000
Percentage of offering fees																						7%
Underwriting discounts																						$ 5,125
Issued warrants									300,000
September 2022 Offering [Member] | Warrant [Member]
Subsidiary, Sale of Stock [Line Items]
Exercise price									$ 1
September 2022 Offering [Member] | Senior Convertible Note [Member]
Subsidiary, Sale of Stock [Line Items]
Principal amount																										$ 32,221,573
Registered Direct Offering [Member]
Subsidiary, Sale of Stock [Line Items]
Number of shares issued								70,650
Exercise price per share								$ 9.37
Fair value of issuance of shares								$ 2,316,686
Cash received from offering								2,316,686
Issuance costs								170,001
Warrant issuance								$ 17,850
Issued warrants								178,500
Warrant prepaid per share								$ 0.10
Net proceeds from issuance of warrants								$ 2,146,685
Remitted amount								$ 1,073,343
Holder redeemed								178,500
Registered Direct Offering [Member] | Warrant [Member]
Subsidiary, Sale of Stock [Line Items]
Shares issued, price per share								$ 0.10
March 2022 Offering [Member]
Subsidiary, Sale of Stock [Line Items]
Exercise price per share																							$ 100
Gross proceeds from common stock warrants																							$ 15,020,925
Fair value of issuance of shares																							3,449,925
Cash received from offering																							13,625,925
Issuance costs																							1,395,000
Warrant issuance																							9,553,500
Warrant liability																							607,500
Principal amount																							$ 35,000,000
At- the Marketing Offering Program [Member]
Subsidiary, Sale of Stock [Line Items]
Exercise price																							$ 343.56
Issuance of common stock under the ATM, net of issuance costs, shares																							11,658
Proceeds from issue of commom stock																							$ 4,005,267
Net proceeds from issue of commom stock																							$ 3,885,109
ATM Equity Offering Program [Member] | Common Stock [Member]
Subsidiary, Sale of Stock [Line Items]
Number of shares issued																							11,658
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
ATM Equity Offering Program [Member] | Common Stock [Member] | Maximum [Member] | Subsequent Event [Member]
Subsidiary, Sale of Stock [Line Items]
Sale of stock, consideration received on transaction																		$ 7,186,257
Over-Allotment Option [Member] | September 2022 Offering [Member]
Subsidiary, Sale of Stock [Line Items]
Warrants outstanding									36,000
Warrant expiration date									Sep. 19, 2027
Over-Allotment Option [Member] | March 2022 Offering [Member]
Subsidiary, Sale of Stock [Line Items]
Warrant expiration date											Mar. 02, 2027
Over-Allotment Option [Member] | March 2022 Offering [Member]
Subsidiary, Sale of Stock [Line Items]
Warrant issuance											$ 20,925
Issued warrants											22,500

The Company calculated the fa_2

The Company calculated the fair value of the Series D Common Warrants using a Black Scholes valuation model with the following assumptions: (Details Narrative)				1 Months Ended	3 Months Ended	9 Months Ended	12 Months Ended
	Oct. 12, 2023 USD ($)	Apr. 30, 2023	Apr. 19, 2023 USD ($) $ / shares	Apr. 19, 2023 USD ($) $ / shares	Sep. 19, 2022 $ / shares	Mar. 31, 2023 $ / shares	Jun. 30, 2023 $ / shares	Jun. 30, 2022	May 22, 2023
Contractual term, in years							5 years	2 years 9 months 21 days
Expected volatility							164.62%	150.82%
Risk-free interest rate							4.09%	0.45%
Warrants term		5 years
Registration Right Agreement [Member] | Subsequent Event [Member]
Agreement fees | $	$ 63,000
Series D Common Warrant [Member]
Expected volatility						165%
Risk-free interest rate						3.77%
Common stock, shares outstanding, rate									20%
Series D Preferred Stock [Member]
Common stock, shares outstanding, rate									20%
Series A Cumulative Redeemable Preferred Stock [Member] | Adjustments [Member]
Event market price				80%
Series A Cumulative Redeemable Preferred Stock [Member] | Dividends [Member]
Preferred stock, dividend rate, percentage							10%
Series C Preferred Stock [Member]
Equity term, rate			50%
Series C Preferred Stock [Member] | Affiliates [Member]
Ownership interest, rate			9.99%	9.99%
Ownership interest, rate			9.99%	9.99%
Series C Preferred Stock [Member] | Conversion [Member]
Preferred Stock, Liquidation Preference, Value | $			$ 1,000	$ 1,000
Preferred stock, convertible, conversion percentage			90%	90%
Series C Preferred Stock [Member] | Liquidation [Member]
Preferred stock, convertible, conversion percentage			125%	125%
Series C Preferred Stock [Member] | Mandatory Redemption On Bankruptcy Triggering Event [Member]
Preferred stock, dividend rate, percentage				115%
Series C Preferred Stock [Member] | Dividends [Member]
Preferred stock, dividend rate, percentage				8%
Increase in interest rate				0.50%
Series C Convertible Preferred Stock [Member]
Preferred Stock, Convertible, Terms			(such amount, subject to adjustment, the “Stated Value”) and (B) all declared and unpaid dividends with respect to such Stated Value and all declared and unpaid dividends as of such date of determination and any other amounts owed under the Series D Certificate of Designations. “Conversion Price” means, with respect to each Series D Preferred Stock, as of any conversion date or other date of determination, a price that is $3.00, subject to adjustment as provided in the Series D Certificate of Designations. “Alternate Conversion Price” shall mean with respect to any Alternate Conversion that price which shall be the lowest of (i) the applicable Conversion Price as in effect on the applicable Conversion Date of the applicable Alternate Conversion, and (ii) the greater of (x) the Floor Price and (y) 90% of the lowest VWAP of the Common Stock during the ten (10) consecutive Trading Day period ending and including the Trading Day of the applicable Conversion Notice (such period, the “Alternate Conversion Measuring Period”). All such determinations to be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or similar transaction that proportionately decreases or increases the Common Stock during such Alternate Conversion Measuring Period.
Derivative, Average Floor Price | $ / shares			0.39	0.39
Series D Convertible Preferred Stock [Member]
Shares issued, rate		4.99%
Shares issued rate, increased		9.99%
September 2022 Warrants [Member]
Contractual term, in years					5 years		5 years
Expected volatility					167%		154%
Risk-free interest rate					3.69%		4.27%
Conversion / exercise price | $ / shares					$ 25	$ 1.96	$ 25
September 2022 Warrants [Member] | Series D Common Warrant [Member]
Contractual term, in years						5 years

Schedule of Other Non Operating

Schedule of Other Non Operating Income Loss Net (Details) - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Other Income and Expenses [Abstract]
Foreign exchange loss	$ (108,175)	$ (149,573)
Gain on sale of business		1,069,262
Other non-operating loss	(52,101)	(1,504,155)
Total	$ (160,276)	$ (584,466)

Other Non-Operating Income (L_3

Other Non-Operating Income (Loss), Net (Details Narrative) - USD ($)		12 Months Ended
	Jun. 10, 2022	Jun. 30, 2023
Registration Rights Agreement [Member]
Repayments of debt		$ 1,500,000
SCV Capital LLC [Member]
Purchase price	$ 1,200,000
Gain on sale of assets	$ 1,069,262

Schedule of Fair Value of Finan

Schedule of Fair Value of Financial Instruments (Details) - USD ($)	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration (Note 3)		$ 3,328,361
Derivative liability on Senior Convertible Note (Note 12)		9,399,620
March 2022 Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liability for the Series A and Series B Warrants (Note 12)	113,850	2,070,000
September Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liability for the Series A and Series B Warrants (Note 12)	251,876
Series A and Series B Warrant [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liability for the Series A and Series B Warrants (Note 12)		122,730
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration (Note 3)
Derivative liability on Senior Convertible Note (Note 12)
Fair Value, Inputs, Level 1 [Member] | March 2022 Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liability for the Series A and Series B Warrants (Note 12)	113,850	2,070,000
Fair Value, Inputs, Level 1 [Member] | September Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liability for the Series A and Series B Warrants (Note 12)
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]
Liability for the Series A and Series B Warrants (Note 12)
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration (Note 3)
Derivative liability on Senior Convertible Note (Note 12)
Fair Value, Inputs, Level 2 [Member] | March 2022 Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liability for the Series A and Series B Warrants (Note 12)
Fair Value, Inputs, Level 2 [Member] | September Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liability for the Series A and Series B Warrants (Note 12)
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]
Liability for the Series A and Series B Warrants (Note 12)
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration (Note 3)		3,328,361
Derivative liability on Senior Convertible Note (Note 12)		9,399,620
Fair Value, Inputs, Level 3 [Member] | March 2022 Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liability for the Series A and Series B Warrants (Note 12)
Fair Value, Inputs, Level 3 [Member] | September Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liability for the Series A and Series B Warrants (Note 12)	$ 251,876
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]
Liability for the Series A and Series B Warrants (Note 12)		$ 122,730

Schedule of Changes in Level 3

Schedule of Changes in Level 3 Financial Instruments (Details) - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Warrant liability, beginning balance	$ 122,730	$ 23,500,000
Contingent consideration, beginning balance	3,328,361
Derivative liability on senior convertible note, beginning balance	9,399,620
Change in fair value of Series A and Series B Warrants issued with Senior Convertible Note	(122,730)	(23,377,270)
Change in fair value of Bethard contingent consideration liability		6,700,000
Payments of Bethard contingent consideration		(1,016,331)
Change in fair value of Bethard contingent consideration liability (Note 3)	(6,192,912)	(2,355,308)
Fair value of derivative liability on Senior Convertible Note (Note 12)		20,281,861
Change in the fair value of the derivative liability on Senior Convertible Note (Note 12)	9,399,620	(10,882,241)
Fair value of warrants	5,286,288
Change in fair value of September Warrants	(5,034,412)
Change in fair value of derivative liability on the senior convertible note	(9,399,620)	10,882,241
Warrant liability, ending balance	251,876	122,730
Contingent consideration, ending balance		3,328,361
Derivative liability on senior convertible note, ending balance		$ 9,399,620

Schedule of Balance Sheet Deriv

Schedule of Balance Sheet Derivative Instruments (Details) - USD ($)	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Fair Value Disclosures [Abstract]
Derivative liability		$ 9,399,620

Schedule of Statement of Operat

Schedule of Statement of Operation Derivative Instruments (Details) - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Amount of Gain (Loss) Recognized in Income on Derivatives	$ 7,435,687	$ (10,882,241)

Fair Value Measurements (Detail

Fair Value Measurements (Details Narrative) - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Debt Instrument [Line Items]
Gain offsetting the loss on extinguishment	$ (1,821,013)	$ (28,478,804)
Senior Notes [Member]
Debt Instrument [Line Items]
Gain offsetting the loss on extinguishment	$ 1,963,906

Schedule of Income (loss) Befor

Schedule of Income (loss) Before Income Taxes (Details) - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Operating Loss Carryforwards [Line Items]
Total loss before income taxes	$ (32,285,103)	$ (107,906,532)
State and Local Jurisdiction [Member]
Operating Loss Carryforwards [Line Items]
Total loss before income taxes	(7,152,756)	(87,679,037)
Foreign Tax Authority [Member]
Operating Loss Carryforwards [Line Items]
Total loss before income taxes	$ (25,132,347)	$ (20,227,495)

Schedule of Provision (benefit)

Schedule of Provision (benefit) from Income Taxes (Details) - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Federal
State
Foreign	376	(2,581)
Total current	376	(2,581)
Federal		(5,671,861)
State
Foreign
Total deferred		(5,671,861)
Income tax provision (benefit)	$ 376	$ (5,674,442)

Schedule of Reconciliation of I

Schedule of Reconciliation of Income Tax Expense (Details) - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Income Tax Disclosure [Abstract]
U.S. federal statutory rate	$ (6,779,872)	$ (22,660,372)
Change in valuation allowance	2,614,549	17,373,839
Disposals of subsidiaries	11,927,360
State income taxes	(1,595,125)
Foreign tax rate and other foreign tax	(4,102,764)	(1,171,464)
Extinguishment of senior convertible note	382,413	5,544,743
Non-deductible warrant revaluations	(1,493,791)	(6,608,337)
Non-deductible revaluation of contingent consideration	(959,939)	1,790,656
Acquisition costs	7,545	56,493
Income tax provision (benefit)	$ 376	$ (5,674,442)

Schedule of Deferred Tax Assets

Schedule of Deferred Tax Assets (Details) - USD ($)	Jun. 30, 2023	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Net operating losses	$ 29,813,860	$ 29,509,842
Nonqualified stock options	1,548,224	1,307,113
Depreciation and amortization		473,380
Other	11,437	26,265
Gross deferred tax assets	31,373,521	31,316,600
Acquired intangible assets	(712,136)	(3,269,763)
Net deferred tax assets	30,661,385	28,046,837
Valuation allowance	(30,661,385)	(28,046,837)
Deferred tax liabilities, net

Income Taxes (Details Narrative

Income Taxes (Details Narrative) - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Operating Loss Carryforwards [Line Items]
Valuation allowance	$ 30,661,385	$ 28,046,837
Reconciliation of expected tax expense (benefit) statutory rate	21%
Income tax benefit	$ 376	(5,674,442)
Non-recurring Change [Member]
Operating Loss Carryforwards [Line Items]
Income tax benefit	376	5,674,442
MALTA [Member]
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	22,042,087
Domestic Tax Authority [Member]
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	$ 94,075,521
Bethard Group Limited [Member]
Operating Loss Carryforwards [Line Items]
Valuation allowance		$ 5,671,861

Schedule of Segment Information

Schedule of Segment Information (Details) - USD ($)		12 Months Ended
		Jun. 30, 2023	Jun. 30, 2022
Segment Reporting Information [Line Items]
Total		$ 22,965,804	$ 58,351,650
Interest expense		(2,485,758)	(6,423,039)
Loss on sale of businesses, net		(3,497,221)
Loss on conversion of senior convertible note			(5,999,662)
Loss on extinguishment of senior convertible note		(1,821,013)	(28,478,804)
Change in fair value of derivative liability		7,435,687	(10,882,241)
Other non-operating income (loss), net		(160,276)	(584,466)
Asset impairment charges		(16,135,000)	(46,498,689)
Stock-based Compensation		1,148,149	5,165,653
Income tax (expense) benefit		(376)	5,674,442
Net loss		(32,285,479)	(102,232,090)
Operating Segments [Member]
Segment Reporting Information [Line Items]
Total		22,965,804	58,351,650
Total Adjusted EBITDA		(12,964,048)	(24,895,221)
Interest expense		(2,485,758)	(6,423,039)
Loss on sale of businesses, net		(3,497,221)
Gain on termination of lease		799,901
Loss on conversion of senior convertible note			(5,999,662)
Loss on extinguishment of senior convertible note		(1,821,013)	(28,478,804)
Change in fair value of derivative liability		7,435,687	(10,882,241)
Change in fair value of warrant liability		7,113,292	31,468,270
Change in fair value of contingent consideration		(2,864,551)	2,355,308
Other non-operating income (loss), net		(160,276)	(584,466)
Depreciation and amortization		(6,475,794)	(12,026,581)
Right of use asset amortization		(46,244)	(506,742)
Asset impairment charges		(16,135,000)	(46,498,689)
Stock-based Compensation		(1,148,147)	(5,165,653)
Cost of acquisition		(35,931)	(269,012)
Income tax (expense) benefit		(376)	5,674,442
Net loss		(32,285,479)	(102,232,090)
Operating Segments [Member] | iGaming Segment [Member]
Segment Reporting Information [Line Items]
Total		19,690,722	53,104,795
Total Adjusted EBITDA		(2,542,357)	(7,019,463)
Operating Segments [Member] | EEG Games Segment [Member]
Segment Reporting Information [Line Items]
Total		3,275,082	5,246,855
Total Adjusted EBITDA		(3,064,747)	(4,915,549)
Operating Segments [Member] | Other [Member]
Segment Reporting Information [Line Items]
Total Adjusted EBITDA	[1]	$ (7,356,944)	$ (12,960,209)
[1]Other comprises of corporate and overhead costs.

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)

3 Months Ended

12 Months Ended

Oct. 31, 2023

Oct. 12, 2023

Oct. 10, 2023

Oct. 06, 2023

Sep. 15, 2023

Aug. 31, 2023

Aug. 16, 2023

Aug. 15, 2023

Oct. 12, 2023

Jun. 30, 2023

Jun. 30, 2022

Aug. 17, 2023

Jul. 15, 2023

May 22, 2023

Apr. 19, 2023

Mar. 07, 2023

Apr. 11, 2022

Subsequent Event [Line Items]

Common stock par value

$ 0.001

$ 0.001

Common stock shares issued

3,784,169

409,229

Warrants price per share

$ 1

$ 1

Conversion amount

$ 19,261,583

$ 10,652,648

Series C Convertible Preferred Stock [Member]

Subsequent Event [Line Items]

Common stock price per share

$ 1,000

Series D Convertible Preferred Stock [Member]

Subsequent Event [Line Items]

Common stock price per share

$ 1,000

October Six Two Thousand Twenty Three Waiver [Member]

Subsequent Event [Line Items]

Net proceeds, rate

50%

Equity Distribution Agreement [Member]

Subsequent Event [Line Items]

Net proceeds, rate

50%

Subsequent Event [Member]

Subsequent Event [Line Items]

Registration delay payment

$ 64,500

Common stock par value

$ 0.001

Proceeds from issuance of common stock warrants

$ 1,000,000

Subsequent Event [Member] | Common Stock [Member]

Subsequent Event [Line Items]

Common stock price per share

$ 0.1935

$ 0.1935

Common stock par value

0.001

0.001

Exercise price per share

$ 0.001

Subsequent Event [Member] | Warrant [Member]

Subsequent Event [Line Items]

Exercise price per share

$ 0.001

0.001

Subsequent Event [Member] | Series C And D Preferred Stock [Member]

Subsequent Event [Line Items]

Conversion price

$ 0.10

Conversion value

$ 1,566,000

$ 9,383,000

Subsequent Event [Member] | Series C And D Preferred Stock [Member] | Common Stock [Member]

Subsequent Event [Line Items]

Conversion price

$ 0.0965

$ 0.1935

Subsequent Event [Member] | Series C Preferred Stock [Member]

Subsequent Event [Line Items]

Conversion price

$ 0.44

Gross proceeds redeem outstanding shares percentage

50%

Subsequent Event [Member] | Series D Preferred Stock [Member]

Subsequent Event [Line Items]

Conversion price

$ 0.39

Gross proceeds redeem outstanding shares percentage

50%

Subsequent Event [Member] | Series C Convertible Preferred Stock [Member]

Subsequent Event [Line Items]

Conversion amount

$ 6,431,000

Conversion of shares

67,329,316

Percentage of preferred stock conversion

90%

90%

Conversion floor amount

$ 3,759,649

Accrued dividends

$ 476,597

476,597

Subsequent Event [Member] | Series C Convertible Preferred Stock [Member] | Holder [Member]

Subsequent Event [Line Items]

Conversion amount

$ 12,300,999

Conversion of shares

49,916,813

Subsequent Event [Member] | Series D Convertible Preferred Stock [Member]

Subsequent Event [Line Items]

Dividends

$ 3,759,649

Subsequent Event [Member] | October Twenty Twenty Three Settlement Agreement [Member]

Subsequent Event [Line Items]

Registration delay payment

$ 64,500

Shares issued

10,000

Common stock price per share

$ 0.05

Settlement amount

$ 1,000

Convertible preferred stock settlement description

the earlier of (i) the date that the parties mutually terminate the October 2023 Settlement Agreement in writing, and (ii) such time as the remaining balance of the RRA Fees are paid in full, as applicable, to satisfy up to the remaining balance of the RRA Fees at a price per share equal to the lower of (1) 90% of the lowest Volume-weighted average price (“VWAP”) per share of the common stock during the ten consecutive trading day period ending and including the trading day immediately preceding the additional share settlement, and (2) the Continued Settlement Price Per Share. As part of the settlement, the Holder also agreed to continue to waive, in part, applicable antidilution provisions within the Certificates of Designations governing the Series C Preferred Stock and Series D Preferred Stock such that the issuances of any settlement shares in accordance with the October 2023 Settlement Agreement shall not result in a Conversion Price for the applicable Conversion Amount (as such terms are defined in the Certificates of Designations governing the Series C Preferred Stock and Series D Preferred Stock) subject to such conversion less than the lesser of (A) the Conversion Price then in effect (without giving effect to any adjustments to the Conversion Price arising solely as a result of the issuances of the settlement shares under the October 2023 Settlement Agreement) and (B) the greater of (x) the Conversion Price then in effect (after giving effect to all adjustments to the Conversion Price (including, without limitation, such adjustments arising as a result of the issuances of the settlement shares under the October 2023 Settlement Agreement)) and (y) 90% of the lowest VWAP of the common stock during the ten consecutive trading day period ending and including such applicable conversion date under the terms of the Series C Preferred Stock or Series D Preferred Stock, as applicable.

Proceeds to redeem additional shares settlement percentage

90%

Subsequent Event [Member] | Equity Distribution Agreement [Member]

Subsequent Event [Line Items]

Common stock par value

$ 0.001

Sales, value

$ 679,000

Sales, shares

8,440,375

Escrow deposit percentage

50%

50%

Subsequent Event [Member] | Equity Distribution Agreement [Member] | Maximum [Member]

Subsequent Event [Line Items]

Aggregate gross sales proceeds

$ 7,186,257

Subsequent Event [Member] | Settlement Agreement [Member]

Subsequent Event [Line Items]

Shares issued

10,000

Proceeds to redeem additional shares settlement percentage

90%

Shares issued price per share

$ 0.10

Additional amount issued for settlement

$ 1,000

Percentage of preferred stock conversion

90%

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

Subsequent Event [Line Items]

Common stock par value

$ 0.001

$ 0.001

$ 0.001

Common stock shares issued

1,000,000

Warrants price per share

$ 0.1935

Proceeds from exercise of pre-funded warrants, shares

4,167,959

Warrant prepaid per share

$ 0.001