Esports Entertainment (GMBL) 10-Q 27 Mar 24 2024 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Dec. 31, 2023	Mar. 26, 2024
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Dec. 31, 2023
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2024
Current Fiscal Year End Date	--06-30
Entity File Number	001-39262
Entity Registrant Name	ESPORTS ENTERTAINMENT GROUP, INC.
Entity Central Index Key	0001451448
Entity Tax Identification Number	26-3062752
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	Block 6
Entity Address, Address Line Two	Triq Paceville
Entity Address, City or Town	St. Julians
Entity Address, Country	MT
Entity Address, Postal Zip Code	STJ 3109
City Area Code	356
Local Phone Number	2713 1276
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		1,145,980

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Jun. 30, 2023
Current assets
Cash	$ 1,101,731	$ 1,745,298
Restricted cash	2,350,231	168,304
Accounts receivable, net	72,919	93,871
Receivables reserved for users	445,988	831,942
Other receivables	293,874	497,603
Prepaid expenses and other current assets	402,390	706,030
Total current assets	4,667,133	4,043,048
Equipment, net		20,013
Operating lease right-of-use asset	43,305	85,517
Intangible assets, net	2,893,971	13,324,627
Goodwill		4,491,223
Other non-current assets		136,863
TOTAL ASSETS	7,604,409	22,101,291
Current liabilities
Accounts payable and accrued expenses	8,488,120	7,106,194
Liabilities to customers	270,931	664,313
Deferred revenue	1,267,682	989,027
Derivative liability	2,356,698
Operating lease liability – current	49,500	95,903
Total current liabilities	12,432,931	8,855,437
Warrant liability	86,250	365,726
Deferred income taxes
Total liabilities	12,519,181	9,221,163
Commitments and contingencies (Note 10)
Mezzanine equity:
Total Mezzanine equity	11,831,036	8,083,869
Stockholders’ equity (deficit)
Preferred Stock value
Common stock $0.001 par value; 1,250,000 shares authorized, 1,145,980 and 9,461 shares issued and outstanding as of December 31, 2023 and June 30, 2023, respectively	1,146	9
Additional paid-in capital	188,472,019	173,465,492
Accumulated deficit	(203,272,130)	(181,425,905)
Accumulated other comprehensive loss	(4,442,460)	(4,667,164)
Total stockholders’ equity (deficit)	(16,745,808)	4,796,259
TOTAL LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’ EQUITY (DEFICIT)	7,604,409	22,101,291
Series A Cumulative Redeemable Convertible Preferred Stock [Member]
Mezzanine equity:
Redeemable Convertible Preferred Stock	8,306,371	8,083,869
Series B Redeemable Preferred Stock [Member]
Mezzanine equity:
Redeemable Convertible Preferred Stock
Series C Convertible Preferred Stock [Member]
Mezzanine equity:
Redeemable Convertible Preferred Stock	3,524,665
Stockholders’ equity (deficit)
Preferred Stock value		14,805,438
Series D Convertible Preferred Stock [Member]
Stockholders’ equity (deficit)
Preferred Stock value	$ 2,495,617	$ 2,618,389

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)	Dec. 31, 2023	Jun. 30, 2023
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	1,250,000	1,250,000
Common stock, shares issued	1,145,980	9,461
Common stock, shares outstanding	1,145,980	9,461
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	$ 9,262,326	$ 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]
Temporary equity, par value	$ 0.001	$ 0.001
Temporary equity, shares authorized	20,000	20,000
Temporary equity, shares issued	1,775	1,775
Temporary equity, shares outstanding	1,775	1,775
Temporary equity, liquidation preference	$ 4,405,831
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	20,000	20,000
Preferred stock, shares issued		14,601
Preferred stock, shares outstanding		14,601
Preferred stock, liquidation preference		$ 18,506,798
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	3,988	4,300
Preferred stock, shares outstanding	3,988	4,300
Preferred stock, liquidation preference	$ 5,244,520	$ 5,421,245

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Net revenue	$ 2,582,027	$ 6,409,405	$ 5,271,844	$ 16,014,669
Operating costs and expenses:
Cost of revenue	688,532	2,371,655	1,290,558	6,122,071
Sales and marketing	658,846	1,843,557	1,571,942	4,288,892
General and administrative	4,784,053	7,559,402	10,971,889	17,030,436
Asset impairment charges	12,981,142	16,135,000	12,981,142	16,135,000
Total operating expenses	19,112,573	27,909,614	26,815,531	43,576,399
Operating loss	(16,530,546)	(21,500,209)	(21,543,687)	(27,561,730)
Other income (expense):
Interest expense		(971,374)		(2,029,782)
Change in fair value of derivative liability	(536,698)	8,324,802	(536,698)	8,599,666
Change in fair value of warrant liability	74,111	2,571,732	279,476	5,022,288
Loss on contingent consideration		(3,044,019)		(2,864,551)
Other non-operating income (loss)	(54,940)	486,386	(45,316)	532,836
Total other income (expense), net	(517,527)	7,367,527	(302,538)	9,260,457
Loss before income taxes	(17,048,073)	(14,132,682)	(21,846,225)	(18,301,273)
Income tax benefit (expense)
Net loss	(17,048,073)	(14,132,682)	(21,846,225)	(18,301,273)
Dividend on 10% Series A cumulative redeemable convertible preferred stock	(133,752)	(200,628)	(334,380)	(401,256)
Undeclared dividend on 10% Series A cumulative redeemable convertible preferred stock	(66,876)		(66,876)
Accretion of 10% Series A cumulative redeemable convertible preferred stock to redemption value	(78,184)	(75,258)	(155,626)	(149,802)
Accretion of the discount on Series C convertible preferred stock	(1,820,000)		(1,820,000)
Dividend on Series C convertible preferred stock	(125,459)		(380,982)
Dividend on Series D convertible preferred stock	(87,282)		(174,607)
Deemed dividend on accretion of Series D Convertible Preferred Stock to redemption value	(24,741)		(24,741)
Deemed dividend on make whole provision on Series C Convertible Preferred Stock	(1,046,341)		(4,805,990)
Deemed dividend from down round provision on Series C Convertible Preferred Stock and Series D Convertible Preferred Stock	(10,979,863)		(20,362,772)
Net loss attributable to common stockholders	$ (31,410,571)	$ (14,408,568)	$ (49,972,199)	$ (18,852,331)
Net loss per common share - basic	$ (64.55)	$ (7,873.53)	$ (180.08)	$ (12,824.71)
Net loss per common share - diluted	$ (64.55)	$ (7,873.53)	$ (180.08)	$ (12,824.71)
Weighted average number of common shares outstanding - basic	486,579	1,830	277,506	1,470
Weighted average number of common shares outstanding - diluted	486,579	1,830	277,506	1,470

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Net loss	$ (17,048,073)	$ (14,132,682)	$ (21,846,225)	$ (18,301,273)
Other comprehensive loss:
Foreign currency translation gain	559,946	2,536,663	224,704	10,185
Total comprehensive loss	$ (16,488,127)	$ (11,596,019)	$ (21,621,521)	$ (18,291,088)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Changes in Mezzanine Equity and Stockholders' Equity (Deficit) (Unaudited) - USD ($)	Preferred Stock [Member] Series A Cumulative Redeemable Preferred Stock [Member]	Preferred Stock [Member] Series B Redeemable Preferred Stock [Member]	Preferred Stock [Member] Series C Convertible 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, 2022	$ 7,781,380					$ 1	$ 144,915,095	$ (149,140,426)	$ (7,376,114)	$ (11,601,444)
Balance, shares at Jun. 30, 2022	835,950					1,024
Common stock and warrants issued in equity financing, net of issuance costs						$ 1	1,568,129			1,568,130
Common stock and warrants issued in equity financing, net of issuance costs, shares						750
10% Series A cumulative redeemable convertible preferred stock cash dividend							(200,628)			(200,628)
Stock based compensation							921,991			921,991
Foreign exchange translation									(2,526,478)	(2,526,478)
Net loss								(4,168,591)		(4,168,591)
Accretion of redemption value and issuance costs	74,544						(74,544)			(74,544)
Balance at Sep. 30, 2022	$ 7,855,924					$ 2	147,130,043	(153,309,017)	(9,902,592)	(16,081,564)
Balance, shares at Sep. 30, 2022	835,950					1,774
Balance at Jun. 30, 2022	$ 7,781,380					$ 1	144,915,095	(149,140,426)	(7,376,114)	(11,601,444)
Balance, shares at Jun. 30, 2022	835,950					1,024
Foreign exchange translation										10,185
Net loss										(18,301,273)
Balance at Dec. 31, 2022	$ 7,931,182	$ 1,000				$ 2	149,007,408	167,441,699	(7,365,929)	(25,800,218)
Balance, shares at Dec. 31, 2022	835,950	100				2,116
Balance at Sep. 30, 2022	$ 7,855,924					$ 2	147,130,043	(153,309,017)	(9,902,592)	(16,081,564)
Balance, shares at Sep. 30, 2022	835,950					1,774
10% Series A cumulative redeemable convertible preferred stock cash dividend							(200,628)			(200,628)
Foreign exchange translation									2,536,663	2,536,663
Net loss								(14,132,682)		(14,132,682)
Accretion of redemption value and issuance costs	75,258						(75,258)			(75,258)
Proceeds from issuance of Series B redeemable preferred stock		$ 1,000
Proceeds from issuance of Series B redeemable preferred stock, shares		100
Common stock and pre-funded warrants issued in equity financing, net of issuance costs							2,146,685			2,146,685
Common stock and pre-funded warrants issued in equity financing, net of issuance costs, shares						177
Common stock issued on exercise of Pre-funded warrants							6,566			6,566
Common stock issued on exercise of Pre-funded warrants, shares						165
Balance at Dec. 31, 2022	$ 7,931,182	$ 1,000				$ 2	149,007,408	167,441,699	(7,365,929)	(25,800,218)
Balance, shares at Dec. 31, 2022	835,950	100				2,116
Balance at Jun. 30, 2023	$ 8,083,869			$ 14,805,438	$ 2,618,389	$ 9	173,465,492	(181,425,905)	(4,667,164)	4,796,259
Balance, shares at Jun. 30, 2023	835,950			14,601	4,300	9,460
Common stock and warrants issued in equity financing, net of issuance costs						$ 3	193,497			193,500
Common stock and warrants issued in equity financing, net of issuance costs, shares						2,500
Proceeds from exercise of pre funded warrants						$ 10	806,490			806,500
Proceeds from exercise of pre funded warrants, shares						10,420
Accretion of redemption value and issuance costs for 10% Series A cumulative redeemable convertible preferred stock	77,442						(77,442)			(77,442)
10% Series A cumulative redeemable convertible preferred stock cash dividend							(200,628)			(200,628)
Series C Convertible Preferred Stock and Series D Convertible Preferred Stock dividends				255,523	87,325		(342,848)
Deemed dividend on make whole provision on Series C				3,759,649			(3,759,649)
Deemed dividend from down round provision on Series C Convertible Preferred Stock and Series D Convertible Preferred Stock
Conversions of the Convertible preferred stock				$ (12,406,014)		$ 125	12,405,889
Conversions of the Convertible preferred stock, shares				(10,382)		124,792
Delay Payment for Series D Convertible Preferred Stock							1,935			1,935
Delay Payment for Series D Convertible Preferred Stock, shares						25
Stock based compensation							21,078			21,078
Foreign exchange translation									(335,242)	(335,242)
Net loss								(4,798,152)		(4,798,152)
Balance at Sep. 30, 2023	$ 8,161,311			$ 6,414,596	$ 2,705,714	$ 147	182,513,814	(186,224,057)	(5,002,406)	407,808
Balance, shares at Sep. 30, 2023	835,950			4,219	4,300	147,197
Balance at Jun. 30, 2023	$ 8,083,869			$ 14,805,438	$ 2,618,389	$ 9	173,465,492	(181,425,905)	(4,667,164)	4,796,259
Balance, shares at Jun. 30, 2023	835,950			14,601	4,300	9,460
Foreign exchange translation										224,704
Net loss										(21,846,225)
Balance at Dec. 31, 2023	$ 8,306,371		$ 3,524,665		$ 2,495,617	$ 1,146	188,472,019	(203,272,130)	(4,442,460)	(16,745,808)
Balance, shares at Dec. 31, 2023	835,950		1,775		3,988	1,145,980
Balance at Sep. 30, 2023	$ 8,161,311			$ 6,414,596	$ 2,705,714	$ 147	182,513,814	(186,224,057)	(5,002,406)	407,808
Balance, shares at Sep. 30, 2023	835,950			4,219	4,300	147,197
10% Series A cumulative redeemable convertible preferred stock cash dividend							(133,752)			(133,752)
Series C Convertible Preferred Stock and Series D Convertible Preferred Stock dividends				125,459	87,282		(212,741)
Deemed dividend on make whole provision on Series C				1,046,341			(1,046,341)
Deemed dividend from down round provision on Series C Convertible Preferred Stock and Series D Convertible Preferred Stock
Conversions of the Convertible preferred stock				$ (4,061,731)		$ 402	4,061,329
Conversions of the Convertible preferred stock, shares				(2,444)		401,711
Delay Payment for Series D Convertible Preferred Stock						$ 1	10,143			10,144
Delay Payment for Series D Convertible Preferred Stock, shares						627
Stock based compensation							21,078			21,078
Foreign exchange translation									559,946	559,946
Net loss								(17,048,073)		(17,048,073)
Accretion of redemption value and issuance costs	78,184						(78,184)			(78,184)
Undeclared dividend on 10% Series A cumulative redeemable convertible preferred stock	66,876						(66,876)			(66,876)
Redemption of Series D Convertible Preferred Stock and payment of dividend					$ (322,120)					(322,120)
Redemption of Series D Convertible Preferred Stock and payment of dividend, shares					(312)
Deemed dividend on accretion of redemption value and issuance costs for Series D Convertible Preferred Stock					$ 24,741		(24,741)
Reclass of Series C Convertible Preferred Stock and Series D Convertible Preferred Stock to Mezzanine Equity			$ 3,524,665	$ (3,524,665)						(3,524,665)
Reclass of Series C Convertible Preferred Stock and Series D Convertible Preferred Stock to Mezzanine Equity, shares			1,775	(1,775)
Bifurcation of derivative			$ (1,820,000)
Accretion of discount on Series C Convertible Preferred Stock			1,820,000				(1,820,000)			(1,820,000)
Issuance of common stock under the ATM, net of issuance costs						$ 515	5,248,371			5,248,886
Issuance of common stock under the ATM, net of issuance costs, shares						515,394
Issuance of common stock due to the reverse stock split round-up						$ 81	(81)
Issuance of common stock due to the reverse stock split round-up, shares						81,051
Balance at Dec. 31, 2023	$ 8,306,371		$ 3,524,665		$ 2,495,617	$ 1,146	$ 188,472,019	$ (203,272,130)	$ (4,442,460)	$ (16,745,808)
Balance, shares at Dec. 31, 2023	835,950		1,775		3,988	1,145,980

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Cash flows from operating activities:
Net loss	$ (21,846,225)	$ (18,301,273)
Adjustments to reconcile net loss to net cash used in operating activities:
Asset impairment charges	12,981,142	16,135,000
Amortization and depreciation	2,163,005	3,788,874
Right-of-use asset amortization	42,410	44,819
Bad debt expense	324,558
Stock-based compensation	42,156	921,991
Change in fair value of warrant liability	(279,476)	(5,022,288)
Change in fair value of contingent consideration		2,864,551
Change in fair value of derivative liability	536,698	(8,599,666)
Changes in operating assets and liabilities:
Accounts receivable	20,952	(575,781)
Receivables reserved for users	388,401	284,610
Other receivables	19,587	(577,026)
Prepaid expenses and other current assets	333,965	251,743
Other non-current assets		288,658
Accounts payable and accrued expenses	1,355,659	1,844,155
Liabilities to customers	(393,574)	(2,342,854)
Deferred revenue	278,655	515,236
Operating lease liability	(46,403)	(61,727)
Net cash used in operating activities	(4,078,490)	(8,540,978)
Cash flows from investing activities:
Purchase of intangible assets	(62,790)
Purchase of equipment		(3,321)
Net cash used in investing activities	(62,790)	(3,321)
Cash flows from financing activities:
Proceeds from equity financing, net of issuance costs	193,500	9,001,103
Proceeds from the exercise of pre-funded warrants	806,500	6,566
Proceeds from issuance of Series B redeemable preferred stock		1,000
Redemption of Series D redeemable preferred stock, net of issuance costs	(322,120)
Payment of dividends on 10% Series A cumulative redeemable convertible preferred stock	(334,380)	(401,256)
Issuance of common stock under the ATM, net of issuance costs	5,248,886
Repayment of senior convertible note		(2,778,427)
Repayment of notes payable and finance leases		(36,746)
Net cash provided by financing activities	5,592,386	5,792,240
Effect of exchange rate on changes in cash and restricted cash	87,254	(697,641)
Net decrease in cash and restricted cash	1,538,360	(3,449,700)
Cash and restricted cash, beginning of period	1,913,602	4,809,808
Cash and restricted cash, end of period	3,451,962	1,360,108
Cash	1,101,731	682,378
Restricted cash	2,350,231	677,730
Cash and restricted cash	3,451,962	1,360,108
CASH PAID FOR:
Interest		2,013,588
Income taxes
SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING ACTIVITIES:
Accretion of 10% Series A cumulative redeemable convertible preferred stock	155,626	149,802
Undeclared dividend on 10% Series A cumulative redeemable convertible preferred stock	66,876
Conversion of Series C Convertible Preferred Stock to common stock	16,467,745
Common Stock issued to settle registration rights delay fee	12,078
Accretion of the discount on Series C convertible preferred stock	1,820,000
Bifurcation of derivative	1,820,000
Accretion of Series D convertible preferred stock issuance costs	24,741
Series C Convertible Preferred Stock dividends and Series D Convertible Preferred Stock dividends	555,589
Deemed dividend on make whole provision on Series C and Series D Convertible Preferred Stock	4,805,990
Deemed dividend from down round provision on Series C Convertible Preferred Stock and Series D Convertible Preferred Stock	$ 20,362,772

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($)	3 Months Ended				6 Months Ended
	Dec. 31, 2023	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2023	Dec. 31, 2022
Pay vs Performance Disclosure [Table]
Net Income (Loss) Attributable to Parent	$ (17,048,073)	$ (4,798,152)	$ (14,132,682)	$ (4,168,591)	$ (21,846,225)	$ (18,301,273)

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Dec. 31, 2023
Insider Trading Arrangements [Line Items]
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Nature of Operations

Nature of Operations	6 Months Ended
	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations	Note 1 – Nature of Operations Esports Entertainment Group, Inc. (the “Company”) 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. 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”). 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. 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. In the prior year ended June 30, 2023, the Company 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 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 core businesses of the Company include Lucky Dino of EEG iGaming and GGC of EEG Games (see Reportable Segments On February 13, 2024, the Company announced it was voluntarily delisting from the Nasdaq Capital Markets, LLC (“Nasdaq”). On February 16, 2024, the Company received notice from Nasdaq that it was being suspended on Nasdaq on opening of trading on February 21, 2024. As a result of the suspension, on February 21, 2024 the Company began trading on the Over the Counter Market (the “OTC”). The Company is currently trading on the “Pink Market” of the OTC. On February 27, 2024, the Company filed a Form 25 with the SEC to effect the delisting of its securities from Nasdaq. At the time of announcing its delisting and suspension the Company was not in compliance with the minimum of $ 2,500,000

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Dec. 31, 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 unaudited condensed consolidated financial statements and related notes have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information, and with the rules and regulations of the United States Securities and Exchange Commission (the “SEC”) set forth in Article 8 of Regulation S-X. Pursuant to the rules and regulations of the SEC, certain information and footnote disclosures normally included in annual consolidated financial statements prepared in accordance with U.S. GAAP have been omitted. The unaudited condensed consolidated financial statements reflect all adjustments (consisting of normal recurring accruals) which are, in the opinion of management, necessary to fairly state the results for the interim periods presented. Interim results are not necessarily indicative of the results for the full fiscal year. The unaudited condensed consolidated financial statements should be read along with the Annual Report filed on Form 10-K of the Company for the annual period ended June 30, 2023. The unaudited condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All material intercompany transactions and balances have been eliminated in consolidation. Effective February 22, 2023, the Company completed a one-for-one-hundred (1-for-100) reverse stock split of the Company’s issued and outstanding common stock (the “Reverse Stock Split February 2023”). Effective December 22, 2023, the Company completed a one-for-four-hundred (1-for-400) reverse stock split Reportable Segments The Company operates two complementary business segments: EEG iGaming EEG iGaming includes the Company’s iGaming casino and other functionality and services for iGaming customers. Currently, the Company operates the business to consumer segment primarily in Europe. iDefix, proprietary technology acquired in connection with the acquisition of Lucky Dino, is a Malta Gaming Authority (“MGA”) licensed iGaming platform with payments, payment automation manager, bonusing, loyalty, compliance and casino integrations that services Lucky Dino. Alongside the esports focused platform, EEG owns and operates five online casino brands of Lucky Dino Gaming Limited and Hiidenkivi Estonia OU, its wholly-owned subsidiary (collectively referred to as “Lucky Dino”), licensed by the MGA on its in-house built iDefix casino-platform. We currently hold one Tier-1 gambling license in Malta. Our Lucky Dino business provides a foothold in mature markets in Europe into which we believe we can cross-sell our esports offerings. 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 are reviewed by the chief operating decision maker to assess performance and make decisions about resource allocations. Use of Estimates The preparation of unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the unaudited condensed consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates include the valuation and recoverability of goodwill and intangible assets. Liquidity and Going Concern The accompanying unaudited condensed consolidated financial statements of the Company have been prepared assuming the Company will continue as a going concern. The going concern basis of presentation assumes that the Company will continue in operation one year after the date these unaudited condensed consolidated financial statements are issued and will be able to realize its assets and discharge its liabilities and commitments in the normal course of business. The Company has determined that certain factors raise substantial doubt about its ability to continue as a going concern for a least one year from the date of issuance of these unaudited condensed consolidated financial statements. The Company considered that it had an accumulated deficit of $ 203,272,130 1,101,731 7,765,798 4,078,490 21,846,225 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. 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 includes: (i) approximately $ 1,400,000 (ii) the potential expected proceeds from future offerings, where the amount of the offering has not yet been determined; and (iii) the ability to raise additional financing from other sources. These above plans are likely to require the Company to place reliance on several factors, including favorable market conditions, to access additional capital in the future. These plans were therefore determined not to be sufficient to overcome the presumption of substantial doubt about the Company’s ability to continue as a going concern. The unaudited condensed consolidated financial statements do not reflect any adjustments that might result from the outcome of this uncertainty. The amount of available cash on hand on March 26, 2024, one business day preceding this filing, was approximately $ 1,300,000 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 and amounts held in escrow related to the execution of the an escrow agreement (as defined in Note 12) with an independent third-party escrow agent, that was entered into concurrent with a settlement agreement, dated October 6, 2023 (as defined in Note 12), pursuant to which Redemption Proceeds (as defined in Note 12) received from each closing of “at the market” sales from the Equity Distribution Agreement (as defined in Note 12) were deposited into a non-interest bearing escrow account. As of December 31, 2023, there was $ 54,409 2,295,822 168,304 Derivative financial instruments The Company assesses classification of its equity-linked instruments at each reporting date to determine whether a change in classification between equity and liabilities (assets) is required (Note 9). The Company can make an accounting policy election on the allocation order and choose the policy that management determines is most favorable. The Company elected to reclassify outstanding instruments based on allocating the unissued shares to contracts with the latest inception date resulting in the contracts with the earliest inception date being recognized as liabilities first. 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 9). 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 in the balance sheet. In the event the fair value is recorded as a liability (Note 14), the change in fair value is recorded in the statements of operations as other income or expense (Note 14). 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 their 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. Earnings Per Share Basic income (loss) per share is calculated using the two-class method. Under the two-class method, basic income (loss) is computed by dividing net income (loss) available to common stockholders by the weighted-average number of common shares outstanding during the period excluding the effects of any potentially dilutive securities. Diluted income (loss) per share is computed similar to basic income (loss) per share, except that the denominator is increased to include the number of additional common shares that would have been outstanding if potential common shares had been issued if such additional common shares were dilutive. Diluted income (loss) per share includes the effect of potential common shares, such as the Company’s preferred stock, notes, warrants and stock options, to the extent the effect is dilutive. As the Company had net losses for all the periods presented, basic and diluted loss per share are the same, and additional potential common shares have been excluded, as their effect would be anti-dilutive. The following securities were excluded from weighted average diluted common shares outstanding for the three and six months ended December 31, 2023 and 2022 because their inclusion would have been antidilutive: Schedule of Weighted Average Diluted Common Shares Outstanding December 31, 2023 December 31, 2022 Common stock options 75 20 Common stock warrants 4,938 1,406 Common stock issuable upon conversion of senior convertible note - 369 10% Series A cumulative redeemable convertible preferred stock 842,030 835,950 Common stock issuable on conversion of Series C convertible preferred stock 991,467 - Common stock issuable on conversion of Series D convertible preferred stock 1,178,553 - Common stock issuable on conversion of Series D convertible preferred stock issuable from exercise of Series D preferred stock warrants issued in the Series D convertible preferred stock offering 1,209,564 - Total 4,226,627 837,745 Anti-dilutive securities 4,226,627 837,745 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 conversion of the Series D Preferred Stock issuable upon exercise 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 Stock warrants (the “Series D Preferred Warrants”), was 90% of the Company’s Nasdaq Official Closing Price of $3.95 on December 31, 2023. Issuances of shares of common stock upon conversion of the Series D Convertible Preferred Stock and Common Warrants. Recently Adopted Accounting Pronouncements In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments In October 2021, the FASB issued ASU 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers Recently Issued Accounting Standards In December 2023, the FASB issued ASU 2023-09, Income Taxes—Income Taxes (Topic 740): Improvements to Income Tax Disclosures 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.

Other Receivables

Other Receivables	6 Months Ended
	Dec. 31, 2023
Receivables [Abstract]
Other Receivables	Note 3 – Other Receivables The components of other receivables are as follows: Schedule of Other Receivables December 31, 2023 June 30, 2023 Indirect taxes $ 147,019 $ 21,024 Other 146,855 476,579 Other receivables $ 293,874 $ 497,603

Prepaid Expenses and Other Curr

Prepaid Expenses and Other Current Assets	6 Months Ended
	Dec. 31, 2023
Prepaid Expenses And Other Current Assets
Prepaid Expenses and Other Current Assets	Note 4 – Prepaid Expenses and Other Current Assets The components of prepaid expenses and other current assets are as follows: Schedule of Prepaid Expenses and Other Current Assets December 31, 2023 June 30, 2023 Prepaid marketing costs $ 14,264 $ 53,365 Prepaid insurance 281,532 265,974 Prepaid gaming costs 25,934 375,082 Other 80,660 11,609 Prepaid expenses and other current assets $ 402,390 $ 706,030

Equipment

Equipment	6 Months Ended
	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Equipment	Note 5 – Equipment The components of equipment are as follows: Schedule of Equipment December 31, 2023 June 30, 2023 Computer equipment $ - $ 36,630 Furniture and equipment - 35,943 Equipment, at cost 72,573 Accumulated depreciation - (52,560 ) Equipment, net $ - $ 20,013 Depreciation expense was $ 3,535 13,899 8,757 36,312 During the three and six months ended December 31, 2023, the Company recognized a total impairment charge of $ 13,192 no

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Note 6 – Goodwill and Intangible Assets A summary of the changes in the balance of goodwill by segment is as follows: Schedule of Goodwill EEG iGaming EEG Games Total Goodwill, balance as of June 30, 2023 $ 3,511,391 $ 979,832 $ 4,491,223 Foreign currency translation 44,949 - 44,949 Asset impairment charges (3,556,340 ) (979,832 ) (4,536,172 ) Goodwill, balance as of December 31, 2023 $ - $ - $ - At December 31, 2023, the Company concluded that impairment indicators existed considering that the Company delisted from Nasdaq, had management changes in the EEG iGaming segment and continued to see revenues decline in the EEG iGaming segment and they were significantly down from levels seen in the previous year and in the previous quarters and EEG Games segment was not performing at the level previously expected. This, the decline in the Company’s stock price and other factors 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, 2023, the Company determined that the EEG Games asset group was recoverable under the undiscounted cash flow recoverability test but the EEG iGaming asset group was not recoverable. Accordingly, the Company estimated the fair value of its EEG iGaming 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 considering the current results and impacts expected from the delisting from Nasdaq and concluded that the fair values of the EEG iGaming intangibles were no longer recoverable and recognized impairment totaling $ 1,380,280 2,546,981 4,252,423 252,094 no Further, 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, 2023, indicated that the carrying value of the iGaming and GGC reporting units exceeded their estimated fair values determined by the Company. At December 31, 2023, the Company recognized goodwill impairments of $ 3,556,340 979,832 4,536,172 Similarly, at December 31, 2022, the Company recognized goodwill impairments of $ 14,500,000 1,635,000 16,135,000 In total, as described in detail above, the Company recorded $ 12,967,950 16,135,000 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 long-lived asset impairment charges. The table below reflects the adjusted gross carrying amounts for these intangible assets. The intangible amounts comprising the intangible asset balance are as follows: Schedule of Intangible Assets December 31, 2023 June 30, 2023 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Tradename $ 900,333 (171,882 ) 728,451 $ 2,801,963 $ (566,501 ) $ 2,235,462 Developed technology and software 3,400,333 (1,428,140 ) 1,972,193 9,240,018 (3,757,061 ) 5,482,957 Gaming licenses - - - 724,431 (724,431 ) - Player relationships 333,334 (140,007 ) 193,327 10,022,587 (4,621,655 ) 5,400,932 Internal-use software - - - 226,438 (21,162 ) 205,276 Total $ 4,634,000 (1,740,029 ) 2,893,971 $ 23,015,437 $ (9,690,810 ) $ 13,324,627 During the three months and six months ended December 31, 2023, the Company recorded amortization expense for its intangible assets of $ 1,072,521 2,154,248 823,945 1,657,097 248,576 497,151 1,912,257 3,752,562 1,663,671 3,255,411 248,586 497,151 The estimated future amortization related to definite-lived intangible assets is as follows: Schedule of Future Amortization of Intangible Assets Remainder of Fiscal 2024 $ 497,149 Fiscal 2025 994,298 Fiscal 2026 919,625 Fiscal 2027 98,218 Fiscal 2028 98,218 Thereafter 286,463 Total $ 2,893,971

Accounts Payable and Accrued Ex

Accounts Payable and Accrued Expenses	6 Months Ended
	Dec. 31, 2023
Payables and Accruals [Abstract]
Accounts Payable and Accrued Expenses	Note 7 – Accounts Payable and Accrued Expenses The components of accounts payable and accrued expenses are as follows: Schedule of Account Payable and Accrued Expenses December 31, 2023 June 30, 2023 Trade accounts payable $ 4,512,575 $ 4,469,927 Accrued marketing 2,012,710 1,054,085 Accrued payroll and benefits 303,035 298,636 Accrued gaming liabilities 123,243 145,393 Accrued professional fees 480,000 286,314 Accrued jackpot liabilities - 91,892 Accrued legal settlement (Note 10) 450,000 - Accrued other liabilities 606,557 759,947 Total $ 8,488,120 $ 7,106,194

Related Party Transactions

Related Party Transactions	6 Months Ended
	Dec. 31, 2023
Related Party Transactions [Abstract]
Related Party Transactions	Note 8 – Related Party Transactions The Company’s Chief Executive Officer owns less than 5 0 47,895 no 43,107 72,107 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 $ 0 1,200 450,000 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 $ 8,130 12,194 1,339 4,274 10,263 12,700 The Company’s Chief Operating Officer was previously its former Chief Financial Officer and Chief Operating Officer and his services as the former Chief Financial Officer and Chief Operating Officer were previously retained 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 23,524 500 2,000

Debt

Debt	6 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
Debt	Note 9 – Debt Senior Convertible Note In the year ended June 30, 2022, 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 On September 19, 2022 as part of the Company’s September 2022 Offering (defined below) of shares of common stock and warrants to purchase common stock, the Company remitted to the Holder an amount of $ 2,778,427 32,221,573 On December 19, 2022, as part of the Registered Direct Offering (Note 12) the Company paid the Holder an amount equal to $ 1,073,343 On January 27, 2023, the Company received the written consent of the Holder to lower the conversion price of the Senior Convertible Note to 90 2,950,010 450,010 2,500,000 19,261,583 2,242,143 3,616,372 15,910,000 Senior Convertible Note Make-Whole Derivative Liability Prior to the conversion of the Senior Convertible Note into the Series C Convertible Preferred Stock on April 28, 2023, 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 unaudited condensed consolidated balance sheet at December 31, 2023 and June 30, 2023. The Company recognized a gain in the Change in fair value of derivative liability on Senior Convertible Note of $ 8,324,802 8,599,666 Series C Convertible Preferred Stock and Series D Convertible Preferred Stock Make-Whole Derivative Liability Warrants The Company assesses classification of its equity-linked instruments at each reporting date to determine whether a change in classification between equity and liabilities (assets) is required. The Company can make an accounting policy election on the allocation order and choose the policy that management determines is most favorable. The Company elected to reclassify outstanding instruments based on allocating the unissued shares to contracts with the latest inception date resulting in the contracts with the earliest inception date being recognized as liabilities first. Due to the issuances of shares during the three months ended December 31, 2023, and the lack of authorized and unissued shares available, the Company was required to assess its classification of its equity instruments during this period. On December 5, 2023 the Company determined it did not have enough authorized and unissued shares to satisfy the Series C Convertible Preferred Stock and using the last contract entered into sequencing election. Due to this the amounts of the carrying amounts of the Series C Convertible Preferred Stock was reclassed to Mezzanine equity in the balance sheet and the Company determined that a derivative related to the conversion feature was required. This was recorded at fair value using a Monte-Carlo method with assumptions that will fluctuate based on the Company’s share price, market capitalization, assets carrying value, and the Company’s estimates of the discount rate, risk-free rate, remaining term of the conversion features and credit and non-performance risk. The valuations are derived from techniques which utilize inputs, certain of which are significant and unobservable, that result in classification of the change of control redemption liabilities as Level 3 fair value measurements and as such recorded a derivative liability of $ 1,820,000 2,356,698 536,698 The Series D Convertible Preferred Stock, Series D Preferred Warrants and Series D Common Warrants were not reclassified as they were limited to the 9.99% beneficial owner cap per the Series D Convertible Preferred Stock Certificate of Designations at December 31, 2023, and therefore the Company had authorized and unissued shares to cover the contracted number. See Note 14 for further discussion of the fair value determined for the derivative liability for the period ended December 31, 2023. September 2022 Warrants On September 19, 2022, the Company completed, an equity offering in which it sold 750 10,000 750 10,000 90 10,000 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 $ 10,000 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 0 251,876 22,361 251,876 1,536,732 3,018,834 March 2022 Warrants On March 2, 2022, the Company completed the March 2022 Offering, an equity offering in which it sold 375 40,000 375 40,000 56 40,000 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 $ 40,000 The March 2022 Warrants are callable by the Company should the volume weighted average share price of the Company exceed $120,000 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 86,250 113,850 51,750 27,600 1,035,000 1,897,500 Series A and Series B Warrants On June 2, 2021, the Company issued 50 50 700,000 The Series A Warrants are callable by the Company should the volume weighted average share price of the Company exceed $1,300,000 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 December 31, 2023 and June 30, 2023, the Company determined the total fair value of the Series A Warrants to be $ 0 no 105,953

Commitments and contingencies

Commitments and contingencies	6 Months Ended
	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and contingencies	Note 10 – Commitments and contingencies Commitments 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 2 1,250,000 1 1,250,000 1 342,333 684,665 1,928,000 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 3 100,000,000 3 200,000,000 In the ordinary course of business, the Company enters into multi-year agreements to purchase sponsorships with professional teams as part of its marketing efforts to expand competitive esports gaming. During the three and six months ended December 31, 2023, the Company recorded $ 90,544 181,088 578,498 816,183 159,000 225,000 Contingencies On November 7, 2023, the Company entered into a confidential settlement agreement and general release (the “Legal Settlement Agreement”) with Grant Johnson, the former Chairman of the board of directors and Chief Executive Officer of the Company, with respect to all disputes and pending litigation between the Company and Mr. Johnson. Pursuant to the Legal Settlement Agreement, the parties have agreed to settle and resolve any and all disputes between the parties, including without limitation, disputes arising out of or relating to the following litigation: (i) A complaint filed on December 23, 2022 by Mr. Johnson against the Company in the United States District Court for the Southern District of New York; (ii) an amended complaint filed on February 28, 2023 by Mr. Johnson against the Company; and (iii) a counterclaim filed on May 24, 2023 by the Company against Mr. Johnson (together with (i) and (ii) above, the “Actions”). Pursuant to the Legal Settlement Agreement, Mr. Johnson and the Company settled the Actions and provided a general release of all claims, whether or not raised in the pending litigation, and included mutual non-disparagement agreements. No party admitted any liability by entering into the Legal Settlement Agreement. Pursuant to the Legal Settlement Agreement, the Company has agreed to make an aggregate payment of $500,000 in cash to Mr. Johnson (which among includes attorneys’ fees and costs), comprised of an initial payment of $50,000 beginning approximately thirty (30) days after the signing of the Legal Settlement Agreement, with subsequent payments of $50,000 due on each subsequent thirtieth (30th) day of each month thereafter until fully paid. 450,000 0 500,000 On March 31, 2022, the Company filed a statement of claim against Metaverse Partners for breach of contract, fraud and defamation. The Company seeks damages in an amount to be determined at the upcoming hearing, but not less than $ 50,000 5,000,000 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. Other than related to the Legal Settlement Agreement discussed above, the Company did not have any liabilities recorded for loss contingencies as of December 31, 2023 and June 30, 2023. 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 as discussed above, the Company is currently not involved in any other litigation that it believes could have a material adverse effect on the Company’s financial condition or results of operations.

Revenue and Geographic Informat

Revenue and Geographic Information	6 Months Ended
	Dec. 31, 2023
Revenue from Contract with Customer [Abstract]
Revenue and Geographic Information	Note 11 – 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, and GGC. 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), 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 principally service customers in the United States. The Company’s remaining businesses of Lucky Dino and GGC are the primary revenue generators for fiscal 2024. A disaggregation of revenue by type of service for the three and six months ended December 31, 2023 and 2022 is as follows: Schedule of Disaggregated by Revenue 2023 2022 2023 2022 Three months ended December 31, Six months ended December 31, 2023 2022 2023 2022 Online betting and casino revenues $ 1,840,958 $ 5,538,486 $ 3,797,007 $ 14,133,832 Esports and other revenues 741,069 870,919 1,474,837 1,880,837 Total $ 2,582,027 $ 6,409,405 $ 5,271,844 $ 16,014,669 Revenue $ 2,582,027 $ 6,409,405 $ 5,271,844 $ 16,014,669 A summary of revenue by geography follows for the three and six months ended December 31, 2023 and 2022 is as follows: Schedule of Revenues with Customers and Long-lived Assets by Geographical Area 2023 2022 2023 2022 Three months ended December 31, Six months ended December 31, 2023 2022 2023 2022 United States $ 741,069 $ 581,501 $ 1,474,837 $ 1,394,381 International 1,840,958 5,827,904 3,797,007 14,620,288 Total $ 2,582,027 $ 6,409,405 $ 5,271,844 $ 16,014,669 Revenue $ 2,582,027 $ 6,409,405 $ 5,271,844 $ 16,014,669 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 for the three months ended December 31, 2023 and 2022 is as follows: Schedule of Company’s Revenue Recognized at Point in Time or Over Time 2023 2022 2023 2022 Three months ended December 31, Six months ended December 31, 2023 2022 2023 2022 Point in time $ 2,021,898 $ 6,154,472 $ 4,254,047 $ 15,380,944 Over time 560,129 254,933 1,017,797 633,725 Total $ 2,582,027 $ 6,409,405 $ 5,271,844 $ 16,014,669 Revenue $ 2,582,027 $ 6,409,405 $ 5,271,844 $ 16,014,669 The deferred revenue balances were as follows: Schedule of Deferred Revenue December 31, 2023 December 31, 2022 Deferred revenue, beginning of the year $ 989,027 $ 575,097 Deferred revenue, end of the period $ 1,267,682 $ 1,090,333 Revenue recognized in the six months ended from amounts included in deferred revenue at the beginning of the year $ 451,098 $ 428,107 Deferred revenue $ 451,098 $ 428,107 The majority of the deferred revenue at December 31, 2023 is expected to be recognized over the twelve months ending December 31, 2024. A summary of long-lived assets by geography at December 31, 2023 and June 30, 2023 is as follows: Schedule of Long-lived Assets Geography December 31, 2023 June 30, 2023 United States $ 2,893,971 $ 5,146,469 International 43,305 12,911,774 Total $ 2,937,276 $ 18,058,243 Long-lived assets $ 2,937,276 $ 18,058,243

Equity

Equity	6 Months Ended
	Dec. 31, 2023
Equity [Abstract]
Equity	Note 12 – Equity Common Stock The following is a summary of common stock issuances for the six months ended December 31, 2023: ● During the six months ended December 31, 2023, on August 15, 2023, the Company entered into a securities purchase agreement with the Holder (the “RD SPA”). The RD SPA related to an offering of (a) 2,500 0.001 77.40 10,420 77.40 0.001 77.40 77.00 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 Series C Convertible Preferred Stock Certificate of Designations (the “Series C Certificate of Designations”) and Series D Convertible Preferred Stock Certificate of Designations (the “Series D Certificate of Designations) (together the “Preferred Stock Certificates of Designations”) 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 Preferred Stock Certificates of Designations) pursuant to Section 7(b) of the Preferred Stock Certificates of Designations, 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 were $ 193,500 806,500 ● From July 1, 2023, through December 31, 2023, the Holder exchanged $ 16,309,814 157,931 526,503 90 4,805,990 223,050 Under the Settlement Agreements, dated August 15, 2023 (the “August 2023 Settlement Agreement”), as described below and October 6, 2023 (the “October 2023 Settlement Agreement”), 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 1,775 14,601 3,524,665 ● During the six months ended December 31, 2023, per the August 2023 Settlement Agreement entered into with the Holder for the Company to issue common stock in partial settlement of the Registration Rights Fees payable (“RRA Fees”) under the Registration Rights Agreement (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 Convertible Preferred Stock and common warrants, despite the Company’s best efforts to avoid such delay, the Company agreed to initially issue 25 40.00 Further, on October 6, 2023, the Company entered into the separate October 2023 Settlement Agreement with the Holder for the Company to issue common stock in partial settlement of the RRA Fees by the Company under the Series D RRA, and replacing the August 2023 Settlement Agreement. As of December 31, 2023, the Company was obligated to pay to the Holder a Registration Delay Payment of approximately $ 119,500 The Company agreed to issue an additional 25 20.00 1,000 90 90 The October 2023 Settlement Agreement further provides that, notwithstanding anything in the applicable Preferred Stock Certificates of Designations to the contrary, with respect to any given conversion of any Series C Convertible Preferred Stock or Series D Convertible Preferred Stock, to the extent such Conversion Price, as so adjusted, is greater than 90 During the six months ended December 31, 2023, in addition to the issuances on August 17, 2023, and on October 6, 2023, as part of the Further Settlements, the Company issued 200 20.00 65 15.41 91 10.92 103 9.72 143 7.00 90 Due to the down round price protection provision on the Series C Convertible Preferred Stock and Series D Convertible Preferred Stock, the Company recorded a deemed dividend within stockholders’ equity associated with the reduction in conversion price in effect prior to the Further Settlements for both the Series C Convertible Preferred Stock and Series D Convertible Preferred Stock to the conversion price as defined above, of $ 20,362,772 10,979,863 20,362,772 77.40 38.60 24.00 17.04 11.92 10.88 7.44 As discussed below, the Company obtained a partial waiver of the Holder’s Redemption Amounts, for the six months ended December 31, 2023, the Company sold an aggregate of 515,394 5,452,460 5,248,886 50 50 203,574 As of December 31, 2023, there were $ 2,295,822 322,120 321,048 1,072 312 3,988 4,300 4,189,754 Subsequent to December 31, 2023, the remaining $ 2,295,822 2,237,643 58,179 2,129 During the six months ended December 31, 2023, in connection with the rounding up from the Reverse Stock Split December 2023, the Company issued 81,051 The following is a summary of Common Stock issuances for the six months ended December 31, 2022: ● During the six months ended December 31, 2022, as part of the September 2022 Offering, the Company sold 750 10,000 10,000 7,536,000 1,568,130 6,854,418 681,582 5,286,288 2,778,427 2,265,928 50 2,000,000 7 512,500 ● During the six months ended December 31, 2022, as part of the December Registered Direct Offering, the Company sold: (a) 177 447 3,748 40.00 2,316,686 2,316,686 170,001 2,146,685 1,073,343 1,073,343 165 6,566 282 11,284 Equity Distribution Agreement On September 15, 2023, the Company entered into an Equity Distribution Agreement with Maxim Group LLC (“Maxim Group”) under which the Company sold, 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 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 sold the shares by methods deemed to be an ATM equity 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 provided that Maxim Group was entitled to compensation for its services equal to 3.0 The shares were 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 Equity Distribution Agreement contained 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 a waiver agreement (“EDA Waiver”) on September 15, 2023, with the Holder of the Series C Convertible Preferred Stock and the Series D Convertible 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 EDA 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). The Company is unable to further use the ATM facility due to its voluntary delisting and suspension from Nasdaq and subsequent trading on the “Pink Market” of the OTC. 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 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 Preferred Stock Certificates 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 Preferred Stock Certificates of Designations) and, further, only to the extent of a waiver that provide that 50 50 Common Stock Warrants and Preferred Stock Warrants On August 15, 2023, as described above, the Company closed the August RD SPA agreement with the Holder. The August RD SPA relates to the offering of (i) 2,500 0.001 77.40 (ii) pre-funded warrants to purchase 10,420 77.40 0.40 77.40 77.00 On May 22, 2023, as described below, the Company closed the issuance of the Series D Convertible Preferred Stock, that included the issuance of (i) 4,300 1,000 (ii) Common Warrants to purchase 3,583 784.00 (iii) preferred warrants to purchase 4,300 1,000 for total gross proceeds to the Company of $ 4,300,000 341,000 3,959,000 A summary of the common stock warrant activity follows: Schedule of Warrant Activity Number of Warrants Weighted Average Exercise Price Weighted Average Remaining Life (Years) Intrinsic Value Outstanding, June 30, 2022 565 567,600 4.07 — Issued 4,869 400 Exercised (446 ) 400 Forfeited or cancelled (50 ) 700,000 Outstanding June 30, 2023 4,938 218,476 4.63 — Issued 10,420 77.40 Exercised (10,420 ) 77.40 Forfeited or cancelled - - Outstanding December 31, 2023 4,938 218,476 4.12 — 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 38 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 6 shares. 55 43 2,944 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, 2022 28 $ 49,440 Granted 63 2,944 Exercised - - Cancelled (14 ) 246,617 Outstanding, June 30, 2023 77 $ 49,552 Granted - - Exercised - - Cancelled (2 ) 270,059 Outstanding, September 30, 2023 75 $ 44,429 Granted - - Exercised - - Cancelled - - Outstanding, December 31, 2023 75 $ 44,429 As of December 31, 2023, the weighted average remaining life of the options outstanding was 7.98 75 44,429 Preferred Stock The Company is authorized to issue 10,000,000 Series C Convertible Preferred Stock and Series D Convertible Preferred Stock During the three and six months ended December 31, 2023, the Company recorded dividends in total of $ 212,741 and $ 555,589 , and Alternate Conversion Floor Amounts (as defined in the Preferred Stock Certificates of Designations) of $ 1,046,341 and $ 4,805,990 for the Series C Convertible Preferred Stock and the Series D Convertible Preferred Stock, respectively. The Series C Convertible Preferred Stock, had a total value of $ 3,524,665 and $ 14,805,438 , with cumulative dividends accrued, including the Alternative Conversion Floor Amounts (as defined in the Preferred Stock Certificates of Designations), in total of $ 1,749,665 and $ 204,414 , and per share of $ 986 and $ 14 , as of December 31, 2023 and June 30, 2023, respectively. The Series D Convertible Preferred Stock, had a total value of $ 4,189,753 and $ 4,337,267 , with cumulative dividends accrued, (as defined in the Preferred Stock Certificates of Designations), in total of $ 201,753 and $ 37,267 , and per share of $ 51 and $ 9 , as of December 31, 2023 and June 30, 2023, respectively. The incremental value of the Alternate Conversion Floor Amounts make whole provisions of $ 1,046,341 4,805,990 The August 2023 Settlement Agreement provided that, notwithstanding anything in the applicable Certificate of Designations for the Series C Convertible Preferred Stock or Certificate of Designations for the Series D Convertible Preferred Stock to the contrary, with respect to any given conversion of any Series C Convertible Preferred Stock or Series D Convertible Preferred Stock, to the extent such conversion price, as so adjusted, is greater than 90 As part of the August 2023 Settlement Agreement and the October 2023 Settlement Agreement and subsequent Further Settlements, the Company triggered the anti-dilution down round price protection provisions of the Series C Convertible Preferred Stock and Series D Convertible 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 Convertible Preferred Stock and Series D Convertible Preferred Stock, the Company recorded a deemed dividend within stockholders’ equity associated with the reduction in conversion price in effect prior to each settlement to the price of the settlement, as applicable, of $ 10,979,863 20,362,772 based on the incremental value to the Holder due to the conversion price reduction, for the three and six months ended December 31, 2023. This incremental value is presented on the unaudited condensed consolidated statement of operations as an addition to the net loss available to common stockholders in the three months ended December 31, 2023. The incremental value was determined by computing the additional shares the Series C Convertible Preferred Stock and Series D Convertible Preferred Stock that would be received based on the conversion price reduction multiplied by the estimated fair value of common stock of $ 77.40 38.60 24.00 17.04 11.92 10.88 7.44 Registration Right Agreement As discussed above, pursuant to a Series D RRA between the Holder and the Company, the Company granted 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 Convertible 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 Convertible Preferred Stock issued upon exercise of the Series D 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 Convertible Preferred Stock and common warrants, despite the Company’s best efforts. Stock-Based Compensation During the three and six months ended December 31, 2023, the Company recorded stock-based compensation expense of $ 21,078 42,156 0 921,991 As of December 31, 2023, there was no No

Other Non-Operating Income (Los

Other Non-Operating Income (Loss), Net	6 Months Ended
	Dec. 31, 2023
Other Income and Expenses [Abstract]
Other Non-Operating Income (Loss), Net	Note 13 – Other Non-Operating Income (Loss), Net Other non-operating income (loss), net, for the three and six months ended December 31, 2023 and 2022 was as follows: Schedule of Other Non Operating Income Loss Net 2023 2022 2023 2022 Three months ended December 31, Six months ended December 31, 2023 2022 2023 2022 Foreign exchange gain (loss) $ (39,844 ) $ 38,640 $ (11,702 ) $ 49,494 Other non-operating income (loss) (15,096 ) 447,746 (33,614 ) 483,342 Total $ (54,940 ) $ 486,386 $ (45,316 ) $ 532,836

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 14 – Fair Value Measurements The following financial instruments were measured at fair value on a recurring basis: Schedule of Fair Value of Financial Instruments Total Level 1 Level 2 Level 3 December 31, 2023 Total Level 1 Level 2 Level 3 Liability for the March 2022 Warrants (Note 9) $ 86,250 $ 86,250 $ — $ — Liability for the September Warrants (Note 9) $ — $ — $ — $ — Derivative Liability (Note 9) $ 2,356,698 $ — $ — $ 2,356,698 Total Level 1 Level 2 Level 3 June 30, 2023 Total Level 1 Level 2 Level 3 Liability for the March 2022 Warrants (Note 9) $ 113,850 $ 113,850 $ — $ — Liability for the September Warrants (Note 9) $ 251,876 $ — $ — $ 251,876 Liability $ 251,876 $ — $ — $ 251,876 A summary of the changes in Level 3 financial instruments for the six months ended December 31, 2023 and the year ended June 30, 2023 is as follows: Schedule of Changes in Level 3 Financial Instruments Warrant Liability Contingent Consideration Derivative liability Balance at June 30, 2022 122,730 3,328,361 9,399,620 Fair value of the September 2022 Warrants (Note 9) 5,286,288 — — Change in fair value of September 2022 Warrants (Note 9) (5,034,412 ) — — Change in fair value of Series A and Series B Warrants issued with Senior Convertible Note (Note 9) (122,730 ) — — Change in fair value of Bethard contingent consideration liability — 2,864,551 — Elimination of Bethard contingent consideration liability on sale of Bethard — (6,192,912 ) — Change in the fair value of the derivative liability (Note 9) — — (9,399,620 ) Balance at June 30, 2023 251,876 $ — $ — Change in fair value of September 2022 Warrants (Note 9) (229,515 ) — — Balance at September 30, 2023 $ 22,361 $ — $ — Change in fair value of September 2022 Warrants (Note 9) (22,361 ) — — Bifurcation of the derivative liability — — 1,820,000 Change in the fair value of the derivative liability (Note 9) — — 536,698 Balance at December 31, 2023 $ — $ — $ 2,356,698 The contingent consideration was settled on February 24, 2023, as part of the disposal of the Bethard Business and the derivative liability were eliminated on the April 28, 2023, on the conversion of the Senior Convertible Note to the Series C Convertible Preferred Stock (Note 9). A derivative liability was recorded on the Series C Convertible Preferred Stock as the Company did not have enough authorized and unissued shares to settle all the outstanding balance (Note 9). The September 2022 Warrants were classified as Level 3 as they are plain vanilla warrants and are not callable by the Company (Note 9). The September 2022 Warrants were valued using a Black Scholes valuation model for the warrants outstanding at December 31, 2023 and June 30, 2023 with the following assumptions: Schedule of Warrants Outstanding Fair Value Assumptions December 31, 2023 June 30, 2023 Contractual term, in years - 5.00 Expected volatility 144 % 154 % Risk-free interest rate 3.95 % 4.27 % Dividend yield - - Conversion / exercise price $ 10,000 $ 10,000 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 9). At December 31, 2023, the Company was still trading on the Nasdaq. The March 2022 Warrants outstanding at December 31, 2023 and June 30, 2023 were valued using the following assumptions: December 31, 2023 June 30, 2023 Contractual term, in years 5.00 5.00 Active market Nasdaq Nasdaq Market price $ 200 $ 264 The Series A Warrants outstanding at December 31, 2023 and June 30, 2023 were valued using a Monte Carlo valuation model with the following assumptions: December 31, 2023 June 30, 2023 Contractual term, in years 4.00 4.00 Expected volatility 172 % 152 % Risk-free interest rate 4.55 % 4.90 % Dividend yield — — Conversion / exercise price $ 700,000 $ 700,000 The Series B Warrants expired on June 2, 2023. The value of the derivative liability on the Series C Preferred Stock at December 31, 2023 and December 5, 2023 was valued using a nonperformance risk adjusted Monte Carlo valuation model using total assets with the following valuation assumptions: Schedule of Derivative Liability December 31, 2023 & December 5, 2023 Contractual term remaining, in years 1.00 Discount rate 25.00 % Risk-free interest rate 4.67 Dividend rate 8.00 % Dividend rate as of valuation date 8.50 % Conversion / exercise price $ 7.00 The fair value of a derivative instrument in a liability position includes measures of the Company’s nonperformance risk. Significant changes in nonperformance risk used in the fair value measurement of the derivative liability may result in significant changes to the fair value measurement. The calculated make-whole liability may differ materially from the amount the Company may be required to pay under the Series C Preferred Stock. The following is information relative to the Company’s derivative instruments in the unaudited condensed consolidated balance sheet as of December 31, 2023: Schedule of Derivative Instruments in the Unaudited Condensed Consolidated Balance Sheet Derivatives Not Designated as Hedging Instruments Balance Sheet Location December 31, 2023 Derivative liability on Series C Preferred Stock (Note 9) Derivative liability $ 2,356,698 The effect of the derivative instruments on the unaudited condensed consolidated statements of operations is as follows: Amount of Loss Recognized in Income on Derivatives Derivatives Not Designated as Hedging Instruments Location of Loss Recognized in Income on Derivatives Three months ended December 31, 2023 Six months ended December 31, 2023 Derivative liability (Note 9) Change in fair value of derivative liability (Note 9) $ 536,698 $ 536,698 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 (See Note 5 and Note 6).

Segment Information

Segment Information	6 Months Ended
	Dec. 31, 2023
Segment Reporting [Abstract]
Segment Information	Note 15 – 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. 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 Segment EBITDA to evaluate the performance of each operating and reportable segment. The Company utilizes Adjusted Segment EBITDA (as defined below) as its measure of the performance of its operating segments. The following table highlights the Company’s revenues and Adjusted Segment EBITDA for each reportable segment and reconciles Adjusted Segment 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 liabilities has not been currently provided to the Company’s CODM and therefore is not shown below. Segment assets are shown due to the significant asset impairment charges recorded during the six months ended December 31, 2023. The following tables present the Company’s segment information: Schedule of Segment Information December 31, 2023 June 30, 2023 (Unaudited) Assets: EEG iGaming $ 886,939 $ 15,275,501 EEG Games $ 3,048,490 $ 4,486,563 Other Corporate $ 3,668,980 $ 2,339,227 Total $ 7,604,409 $ 22,101,291 Total Assets $ 7,604,409 $ 22,101,291 2023 2022 2023 2022 For the three months ended December 31, For the six months ended December 31, 2023 2022 2023 2022 Revenues: EEG iGaming segment $ 1,840,958 $ 5,538,486 $ 3,797,007 $ 14,133,832 EEG Games segment $ 741,069 $ 870,919 $ 1,474,837 $ 1,880,837 Total $ 2,582,027 $ 6,409,405 $ 5,271,844 $ 16,014,669 Adjusted EBITDA (1) (2) EEG iGaming segment $ (202,562 ) $ (1,150,938 ) $ (454,965 ) $ (1,612,133 ) EEG Games segment $ (109,175 ) $ (561,742 ) $ (210,642 ) $ (1,108,538 ) Total Adjusted EBITDA $ (311,737 ) $ (1,712,680 ) $ (665,607 ) $ (2,720,671 ) Adjusted for: Other corporate and overhead costs $ (2,116,384 ) $ (1,744,816 ) $ (5,149,367 ) $ (3,914,445 ) Interest expense $ - $ (971,374 ) $ - $ (2,029,782 ) Change in fair value of derivative liability $ (536,698 ) $ 8,324,802 $ (536,698 ) $ 8,599,666 Change in fair value of warrant liability $ 74,111 $ 2,571,732 $ 279,476 $ 5,022,288 Change in fair value of contingent consideration $ - $ (3,044,019 ) $ - $ (2,864,551 ) Other non-operating income (loss), net $ (54,940 ) $ 486,386 $ (45,316 ) $ 532,836 Depreciation and amortization $ (1,076,056 ) $ (1,887,729 ) $ (2,163,005 ) $ (3,788,874 ) Right of use asset amortization $ (24,149 ) $ (19,984 ) $ (42,410 ) $ (44,819 ) Asset impairment charges $ (12,981,142 ) $ (16,135,000 ) $ (12,981,142 ) $ (16,135,000 ) Stock-based Compensation $ (21,078 ) $ - $ (42,156 ) $ (921,991 ) Legal Settlement $ - $ - $ (500,000 ) $ - Cost of acquisition $ - $ - - $ (35,930 ) Income tax benefit (expense) $ - $ - $ - $ - Net loss $ (17,048,073 ) $ (14,132,682 ) $ (21,846,225 ) $ (18,301,273 ) (1) The Company has no intersegment revenues or costs and thus no eliminations required. (2) The Company defines Adjusted Segment EBITDA as earnings (loss) before, as applicable to the particular period, other corporate and overhead costs, interest expense; income taxes; depreciation and amortization, including right of use asset amortization; stock-based compensation; legal settlements; cost of acquisitions; 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).

Income Taxes

Income Taxes	6 Months Ended
	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Note 16 – Income Taxes During the three and six months ended December 31, 2023, and 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.

Subsequent Events

Subsequent Events	6 Months Ended
	Dec. 31, 2023
Subsequent Events [Abstract]
Subsequent Events	Note 17 – Subsequent Events Series E Redeemable Preferred Stock On January 5, 2024, the Company entered into a Subscription and Investment Representation Agreement with a member of management, pursuant to which the Company agreed to issue and sell one hundred ( 100 0.001 10 On January 5, 2024, the Company filed a certificate of designations (the “Series E Certificate of Designations”) 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 E Preferred Stock. The Certificate of Designation provided that one hundred (100) shares of Series E Preferred Stock will have 6,000,000 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 of an amendment to the Company’s articles of incorporation to increase the authorized shares of Common Stock (the “Authorized Share Increase Proposal”) or any proposal to adjourn the annual or special meeting related to an Authorized Share Increase Proposal, if applicable. Resignation of Chief Financial Officer, Chief Operating Officer and Chief People Officer On February 1, 2024, the Company, in connection with cost reductions and streamlining of business operations at the Company, received notice from Michael Villani, Chief Financial Officer, Damian Mathews, Chief Operating Officer, and Jenny Pace, Chief People Officer of their resignations from their respective positions with the Company, effective April 30, 2024. Mr. Mathews shall remain in his position as a member of the Company’s Board of Directors. The resignations of Mr. Villani, Mr. Mathews and Ms. Pace were not the result of any disagreements with the Company on any matter relating to the Company’s operations, policies, or practices. Secured Note Purchase Agreement On March 13, 2024, the Company announced that it had entered into an agreement, dated March 7, 2024 (the “Secured Note Purchase Agreement”) and a Secured Promissory Note Agreement (the “Secured Note Agreement”), with the holder of its Series C Preferred Stock and Series D Preferred Stock, for approximately $ 1,420,000 ● Security of the balance by a first priority security interest in all of the Company’s tangible and intangible personal property; ● A maturity date of March 7, 2026 ● Accrued interest to the outstanding principal balance of the Secured Note at a rate of 10 Agreement to Amend and Restate the Terms of the Series C Convertible Preferred Stock and Series D Convertible Preferred Stock On March 7, 2024, in connection with the Secured Note Agreement, the Company amended and restated its Series C Preferred Stock and Series D Preferred Stock Certificates of Designations (the “Preferred Stock CODs, as amended and restated”) to include the following key amendments: ● A six month standstill on certain conversions through September 7, 2024; ● After the standstill a limit on certain conversions to $ 150,000 ● Removal of the Floor Price and Conversion Floor Price Condition, as defined in the previous filed Preferred Stock CODs; ● A Maturity Date of March 7, 2026 ● No dividends on the outstanding balances through the new Maturity Date unless there is a triggering event as defined in the Preferred Stock CODs, as amended and restated; ● Amendments to the Subsequent Placement Optional Redemption, as defined in the Preferred Stock CODs, such that the first $ 10,000,000 1,420,000 The transactions contemplated by the Secured Note Purchase Agreement and the Secured Note Agreement and Preferred Stock CODs, as amended and restated, were approved by our Board of Directors. The value of the Series C Preferred Stock and Series D Preferred Stock as of March 7, 2024, was $ 3,549,177 1,903,252

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Basis of presentation and principles of consolidation	Basis of presentation and principles of consolidation The accompanying unaudited condensed consolidated financial statements and related notes have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information, and with the rules and regulations of the United States Securities and Exchange Commission (the “SEC”) set forth in Article 8 of Regulation S-X. Pursuant to the rules and regulations of the SEC, certain information and footnote disclosures normally included in annual consolidated financial statements prepared in accordance with U.S. GAAP have been omitted. The unaudited condensed consolidated financial statements reflect all adjustments (consisting of normal recurring accruals) which are, in the opinion of management, necessary to fairly state the results for the interim periods presented. Interim results are not necessarily indicative of the results for the full fiscal year. The unaudited condensed consolidated financial statements should be read along with the Annual Report filed on Form 10-K of the Company for the annual period ended June 30, 2023. The unaudited condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All material intercompany transactions and balances have been eliminated in consolidation. Effective February 22, 2023, the Company completed a one-for-one-hundred (1-for-100) reverse stock split of the Company’s issued and outstanding common stock (the “Reverse Stock Split February 2023”). Effective December 22, 2023, the Company completed a one-for-four-hundred (1-for-400) 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 other functionality and services for iGaming customers. Currently, the Company operates the business to consumer segment primarily in Europe. iDefix, proprietary technology acquired in connection with the acquisition of Lucky Dino, is a Malta Gaming Authority (“MGA”) licensed iGaming platform with payments, payment automation manager, bonusing, loyalty, compliance and casino integrations that services Lucky Dino. Alongside the esports focused platform, EEG owns and operates five online casino brands of Lucky Dino Gaming Limited and Hiidenkivi Estonia OU, its wholly-owned subsidiary (collectively referred to as “Lucky Dino”), licensed by the MGA on its in-house built iDefix casino-platform. We currently hold one Tier-1 gambling license in Malta. Our Lucky Dino business provides a foothold in mature markets in Europe into which we believe we can cross-sell our esports offerings. 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 are reviewed by the chief operating decision maker to assess performance and make decisions about resource allocations.
Use of Estimates	Use of Estimates The preparation of unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the unaudited condensed consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates include the valuation and recoverability of goodwill and intangible assets.
Liquidity and Going Concern	Liquidity and Going Concern The accompanying unaudited condensed consolidated financial statements of the Company have been prepared assuming the Company will continue as a going concern. The going concern basis of presentation assumes that the Company will continue in operation one year after the date these unaudited condensed consolidated financial statements are issued and will be able to realize its assets and discharge its liabilities and commitments in the normal course of business. The Company has determined that certain factors raise substantial doubt about its ability to continue as a going concern for a least one year from the date of issuance of these unaudited condensed consolidated financial statements. The Company considered that it had an accumulated deficit of $ 203,272,130 1,101,731 7,765,798 4,078,490 21,846,225 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. 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 includes: (i) approximately $ 1,400,000 (ii) the potential expected proceeds from future offerings, where the amount of the offering has not yet been determined; and (iii) the ability to raise additional financing from other sources. These above plans are likely to require the Company to place reliance on several factors, including favorable market conditions, to access additional capital in the future. These plans were therefore determined not to be sufficient to overcome the presumption of substantial doubt about the Company’s ability to continue as a going concern. The unaudited condensed consolidated financial statements do not reflect any adjustments that might result from the outcome of this uncertainty. The amount of available cash on hand on March 26, 2024, one business day preceding this filing, was approximately $ 1,300,000
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 and amounts held in escrow related to the execution of the an escrow agreement (as defined in Note 12) with an independent third-party escrow agent, that was entered into concurrent with a settlement agreement, dated October 6, 2023 (as defined in Note 12), pursuant to which Redemption Proceeds (as defined in Note 12) received from each closing of “at the market” sales from the Equity Distribution Agreement (as defined in Note 12) were deposited into a non-interest bearing escrow account. As of December 31, 2023, there was $ 54,409 2,295,822 168,304
Derivative financial instruments	Derivative financial instruments The Company assesses classification of its equity-linked instruments at each reporting date to determine whether a change in classification between equity and liabilities (assets) is required (Note 9). The Company can make an accounting policy election on the allocation order and choose the policy that management determines is most favorable. The Company elected to reclassify outstanding instruments based on allocating the unissued shares to contracts with the latest inception date resulting in the contracts with the earliest inception date being recognized as liabilities first. 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 9). 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 in the balance sheet. In the event the fair value is recorded as a liability (Note 14), the change in fair value is recorded in the statements of operations as other income or expense (Note 14). 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 their 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.
Earnings Per Share	Earnings Per Share Basic income (loss) per share is calculated using the two-class method. Under the two-class method, basic income (loss) is computed by dividing net income (loss) available to common stockholders by the weighted-average number of common shares outstanding during the period excluding the effects of any potentially dilutive securities. Diluted income (loss) per share is computed similar to basic income (loss) per share, except that the denominator is increased to include the number of additional common shares that would have been outstanding if potential common shares had been issued if such additional common shares were dilutive. Diluted income (loss) per share includes the effect of potential common shares, such as the Company’s preferred stock, notes, warrants and stock options, to the extent the effect is dilutive. As the Company had net losses for all the periods presented, basic and diluted loss per share are the same, and additional potential common shares have been excluded, as their effect would be anti-dilutive. The following securities were excluded from weighted average diluted common shares outstanding for the three and six months ended December 31, 2023 and 2022 because their inclusion would have been antidilutive: Schedule of Weighted Average Diluted Common Shares Outstanding December 31, 2023 December 31, 2022 Common stock options 75 20 Common stock warrants 4,938 1,406 Common stock issuable upon conversion of senior convertible note - 369 10% Series A cumulative redeemable convertible preferred stock 842,030 835,950 Common stock issuable on conversion of Series C convertible preferred stock 991,467 - Common stock issuable on conversion of Series D convertible preferred stock 1,178,553 - Common stock issuable on conversion of Series D convertible preferred stock issuable from exercise of Series D preferred stock warrants issued in the Series D convertible preferred stock offering 1,209,564 - Total 4,226,627 837,745 Anti-dilutive securities 4,226,627 837,745 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 conversion of the Series D Preferred Stock issuable upon exercise 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 Stock warrants (the “Series D Preferred Warrants”), was 90% of the Company’s Nasdaq Official Closing Price of $3.95 on December 31, 2023. Issuances of shares of common stock upon conversion of the Series D Convertible Preferred Stock and Common Warrants.
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments In October 2021, the FASB issued ASU 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers
Recently Issued Accounting Standards	Recently Issued Accounting Standards In December 2023, the FASB issued ASU 2023-09, Income Taxes—Income Taxes (Topic 740): Improvements to Income Tax Disclosures 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)	6 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Schedule of Weighted Average Diluted Common Shares Outstanding	Schedule of Weighted Average Diluted Common Shares Outstanding December 31, 2023 December 31, 2022 Common stock options 75 20 Common stock warrants 4,938 1,406 Common stock issuable upon conversion of senior convertible note - 369 10% Series A cumulative redeemable convertible preferred stock 842,030 835,950 Common stock issuable on conversion of Series C convertible preferred stock 991,467 - Common stock issuable on conversion of Series D convertible preferred stock 1,178,553 - Common stock issuable on conversion of Series D convertible preferred stock issuable from exercise of Series D preferred stock warrants issued in the Series D convertible preferred stock offering 1,209,564 - Total 4,226,627 837,745 Anti-dilutive securities 4,226,627 837,745

Other Receivables (Tables)

Other Receivables (Tables)	6 Months Ended
	Dec. 31, 2023
Receivables [Abstract]
Schedule of Other Receivables	The components of other receivables are as follows: Schedule of Other Receivables December 31, 2023 June 30, 2023 Indirect taxes $ 147,019 $ 21,024 Other 146,855 476,579 Other receivables $ 293,874 $ 497,603

Prepaid Expenses and Other Cu_2

Prepaid Expenses and Other Current Assets (Tables)	6 Months Ended
	Dec. 31, 2023
Prepaid Expenses And Other Current Assets
Schedule of Prepaid Expenses and Other Current Assets	The components of prepaid expenses and other current assets are as follows: Schedule of Prepaid Expenses and Other Current Assets December 31, 2023 June 30, 2023 Prepaid marketing costs $ 14,264 $ 53,365 Prepaid insurance 281,532 265,974 Prepaid gaming costs 25,934 375,082 Other 80,660 11,609 Prepaid expenses and other current assets $ 402,390 $ 706,030

Equipment (Tables)

Equipment (Tables)	6 Months Ended
	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Schedule of Equipment	The components of equipment are as follows: Schedule of Equipment December 31, 2023 June 30, 2023 Computer equipment $ - $ 36,630 Furniture and equipment - 35,943 Equipment, at cost 72,573 Accumulated depreciation - (52,560 ) Equipment, net $ - $ 20,013

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	A summary of the changes in the balance of goodwill by segment is as follows: Schedule of Goodwill EEG iGaming EEG Games Total Goodwill, balance as of June 30, 2023 $ 3,511,391 $ 979,832 $ 4,491,223 Foreign currency translation 44,949 - 44,949 Asset impairment charges (3,556,340 ) (979,832 ) (4,536,172 ) Goodwill, balance as of December 31, 2023 $ - $ - $ -
Schedule of Intangible Assets	The table below reflects the adjusted gross carrying amounts for these intangible assets. The intangible amounts comprising the intangible asset balance are as follows: Schedule of Intangible Assets December 31, 2023 June 30, 2023 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Tradename $ 900,333 (171,882 ) 728,451 $ 2,801,963 $ (566,501 ) $ 2,235,462 Developed technology and software 3,400,333 (1,428,140 ) 1,972,193 9,240,018 (3,757,061 ) 5,482,957 Gaming licenses - - - 724,431 (724,431 ) - Player relationships 333,334 (140,007 ) 193,327 10,022,587 (4,621,655 ) 5,400,932 Internal-use software - - - 226,438 (21,162 ) 205,276 Total $ 4,634,000 (1,740,029 ) 2,893,971 $ 23,015,437 $ (9,690,810 ) $ 13,324,627
Schedule of Future Amortization of Intangible Assets	The estimated future amortization related to definite-lived intangible assets is as follows: Schedule of Future Amortization of Intangible Assets Remainder of Fiscal 2024 $ 497,149 Fiscal 2025 994,298 Fiscal 2026 919,625 Fiscal 2027 98,218 Fiscal 2028 98,218 Thereafter 286,463 Total $ 2,893,971

Accounts Payable and Accrued _2

Accounts Payable and Accrued Expenses (Tables)	6 Months Ended
	Dec. 31, 2023
Payables and Accruals [Abstract]
Schedule of Account Payable and Accrued Expenses	The components of accounts payable and accrued expenses are as follows: Schedule of Account Payable and Accrued Expenses December 31, 2023 June 30, 2023 Trade accounts payable $ 4,512,575 $ 4,469,927 Accrued marketing 2,012,710 1,054,085 Accrued payroll and benefits 303,035 298,636 Accrued gaming liabilities 123,243 145,393 Accrued professional fees 480,000 286,314 Accrued jackpot liabilities - 91,892 Accrued legal settlement (Note 10) 450,000 - Accrued other liabilities 606,557 759,947 Total $ 8,488,120 $ 7,106,194

Revenue and Geographic Inform_2

Revenue and Geographic Information (Tables)	6 Months Ended
	Dec. 31, 2023
Revenue from Contract with Customer [Abstract]
Schedule of Disaggregated by Revenue	A disaggregation of revenue by type of service for the three and six months ended December 31, 2023 and 2022 is as follows: Schedule of Disaggregated by Revenue 2023 2022 2023 2022 Three months ended December 31, Six months ended December 31, 2023 2022 2023 2022 Online betting and casino revenues $ 1,840,958 $ 5,538,486 $ 3,797,007 $ 14,133,832 Esports and other revenues 741,069 870,919 1,474,837 1,880,837 Total $ 2,582,027 $ 6,409,405 $ 5,271,844 $ 16,014,669 Revenue $ 2,582,027 $ 6,409,405 $ 5,271,844 $ 16,014,669
Schedule of Revenues with Customers and Long-lived Assets by Geographical Area	A summary of revenue by geography follows for the three and six months ended December 31, 2023 and 2022 is as follows: Schedule of Revenues with Customers and Long-lived Assets by Geographical Area 2023 2022 2023 2022 Three months ended December 31, Six months ended December 31, 2023 2022 2023 2022 United States $ 741,069 $ 581,501 $ 1,474,837 $ 1,394,381 International 1,840,958 5,827,904 3,797,007 14,620,288 Total $ 2,582,027 $ 6,409,405 $ 5,271,844 $ 16,014,669 Revenue $ 2,582,027 $ 6,409,405 $ 5,271,844 $ 16,014,669
Schedule of Company’s Revenue Recognized at Point in Time or Over Time	Schedule of Company’s Revenue Recognized at Point in Time or Over Time 2023 2022 2023 2022 Three months ended December 31, Six months ended December 31, 2023 2022 2023 2022 Point in time $ 2,021,898 $ 6,154,472 $ 4,254,047 $ 15,380,944 Over time 560,129 254,933 1,017,797 633,725 Total $ 2,582,027 $ 6,409,405 $ 5,271,844 $ 16,014,669 Revenue $ 2,582,027 $ 6,409,405 $ 5,271,844 $ 16,014,669
Schedule of Deferred Revenue	The deferred revenue balances were as follows: Schedule of Deferred Revenue December 31, 2023 December 31, 2022 Deferred revenue, beginning of the year $ 989,027 $ 575,097 Deferred revenue, end of the period $ 1,267,682 $ 1,090,333 Revenue recognized in the six months ended from amounts included in deferred revenue at the beginning of the year $ 451,098 $ 428,107 Deferred revenue $ 451,098 $ 428,107
Schedule of Long-lived Assets Geography	A summary of long-lived assets by geography at December 31, 2023 and June 30, 2023 is as follows: Schedule of Long-lived Assets Geography December 31, 2023 June 30, 2023 United States $ 2,893,971 $ 5,146,469 International 43,305 12,911,774 Total $ 2,937,276 $ 18,058,243 Long-lived assets $ 2,937,276 $ 18,058,243

Equity (Tables)

Equity (Tables)	6 Months Ended
	Dec. 31, 2023
Equity [Abstract]
Schedule of Warrant Activity	A summary of the common stock warrant activity follows: Schedule of Warrant Activity Number of Warrants Weighted Average Exercise Price Weighted Average Remaining Life (Years) Intrinsic Value Outstanding, June 30, 2022 565 567,600 4.07 — Issued 4,869 400 Exercised (446 ) 400 Forfeited or cancelled (50 ) 700,000 Outstanding June 30, 2023 4,938 218,476 4.63 — Issued 10,420 77.40 Exercised (10,420 ) 77.40 Forfeited or cancelled - - Outstanding December 31, 2023 4,938 218,476 4.12 —
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, 2022 28 $ 49,440 Granted 63 2,944 Exercised - - Cancelled (14 ) 246,617 Outstanding, June 30, 2023 77 $ 49,552 Granted - - Exercised - - Cancelled (2 ) 270,059 Outstanding, September 30, 2023 75 $ 44,429 Granted - - Exercised - - Cancelled - - Outstanding, December 31, 2023 75 $ 44,429

Other Non-Operating Income (L_2

Other Non-Operating Income (Loss), Net (Tables)	6 Months Ended
	Dec. 31, 2023
Other Income and Expenses [Abstract]
Schedule of Other Non Operating Income Loss Net	Other non-operating income (loss), net, for the three and six months ended December 31, 2023 and 2022 was as follows: Schedule of Other Non Operating Income Loss Net 2023 2022 2023 2022 Three months ended December 31, Six months ended December 31, 2023 2022 2023 2022 Foreign exchange gain (loss) $ (39,844 ) $ 38,640 $ (11,702 ) $ 49,494 Other non-operating income (loss) (15,096 ) 447,746 (33,614 ) 483,342 Total $ (54,940 ) $ 486,386 $ (45,316 ) $ 532,836

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Dec. 31, 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 Total Level 1 Level 2 Level 3 December 31, 2023 Total Level 1 Level 2 Level 3 Liability for the March 2022 Warrants (Note 9) $ 86,250 $ 86,250 $ — $ — Liability for the September Warrants (Note 9) $ — $ — $ — $ — Derivative Liability (Note 9) $ 2,356,698 $ — $ — $ 2,356,698 Total Level 1 Level 2 Level 3 June 30, 2023 Total Level 1 Level 2 Level 3 Liability for the March 2022 Warrants (Note 9) $ 113,850 $ 113,850 $ — $ — Liability for the September Warrants (Note 9) $ 251,876 $ — $ — $ 251,876 Liability $ 251,876 $ — $ — $ 251,876
Schedule of Changes in Level 3 Financial Instruments	A summary of the changes in Level 3 financial instruments for the six months ended December 31, 2023 and the year ended June 30, 2023 is as follows: Schedule of Changes in Level 3 Financial Instruments Warrant Liability Contingent Consideration Derivative liability Balance at June 30, 2022 122,730 3,328,361 9,399,620 Fair value of the September 2022 Warrants (Note 9) 5,286,288 — — Change in fair value of September 2022 Warrants (Note 9) (5,034,412 ) — — Change in fair value of Series A and Series B Warrants issued with Senior Convertible Note (Note 9) (122,730 ) — — Change in fair value of Bethard contingent consideration liability — 2,864,551 — Elimination of Bethard contingent consideration liability on sale of Bethard — (6,192,912 ) — Change in the fair value of the derivative liability (Note 9) — — (9,399,620 ) Balance at June 30, 2023 251,876 $ — $ — Change in fair value of September 2022 Warrants (Note 9) (229,515 ) — — Balance at September 30, 2023 $ 22,361 $ — $ — Change in fair value of September 2022 Warrants (Note 9) (22,361 ) — — Bifurcation of the derivative liability — — 1,820,000 Change in the fair value of the derivative liability (Note 9) — — 536,698 Balance at December 31, 2023 $ — $ — $ 2,356,698
Schedule of Warrants Outstanding Fair Value Assumptions	The September 2022 Warrants were classified as Level 3 as they are plain vanilla warrants and are not callable by the Company (Note 9). The September 2022 Warrants were valued using a Black Scholes valuation model for the warrants outstanding at December 31, 2023 and June 30, 2023 with the following assumptions: Schedule of Warrants Outstanding Fair Value Assumptions December 31, 2023 June 30, 2023 Contractual term, in years - 5.00 Expected volatility 144 % 154 % Risk-free interest rate 3.95 % 4.27 % Dividend yield - - Conversion / exercise price $ 10,000 $ 10,000 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 9). At December 31, 2023, the Company was still trading on the Nasdaq. The March 2022 Warrants outstanding at December 31, 2023 and June 30, 2023 were valued using the following assumptions: December 31, 2023 June 30, 2023 Contractual term, in years 5.00 5.00 Active market Nasdaq Nasdaq Market price $ 200 $ 264 The Series A Warrants outstanding at December 31, 2023 and June 30, 2023 were valued using a Monte Carlo valuation model with the following assumptions: December 31, 2023 June 30, 2023 Contractual term, in years 4.00 4.00 Expected volatility 172 % 152 % Risk-free interest rate 4.55 % 4.90 % Dividend yield — — Conversion / exercise price $ 700,000 $ 700,000
Schedule of Derivative Liability	The value of the derivative liability on the Series C Preferred Stock at December 31, 2023 and December 5, 2023 was valued using a nonperformance risk adjusted Monte Carlo valuation model using total assets with the following valuation assumptions: Schedule of Derivative Liability December 31, 2023 & December 5, 2023 Contractual term remaining, in years 1.00 Discount rate 25.00 % Risk-free interest rate 4.67 Dividend rate 8.00 % Dividend rate as of valuation date 8.50 % Conversion / exercise price $ 7.00
Schedule of Derivative Instruments in the Unaudited Condensed Consolidated Balance Sheet	The following is information relative to the Company’s derivative instruments in the unaudited condensed consolidated balance sheet as of December 31, 2023: Schedule of Derivative Instruments in the Unaudited Condensed Consolidated Balance Sheet Derivatives Not Designated as Hedging Instruments Balance Sheet Location December 31, 2023 Derivative liability on Series C Preferred Stock (Note 9) Derivative liability $ 2,356,698 The effect of the derivative instruments on the unaudited condensed consolidated statements of operations is as follows: Amount of Loss Recognized in Income on Derivatives Derivatives Not Designated as Hedging Instruments Location of Loss Recognized in Income on Derivatives Three months ended December 31, 2023 Six months ended December 31, 2023 Derivative liability (Note 9) Change in fair value of derivative liability (Note 9) $ 536,698 $ 536,698

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Dec. 31, 2023
Segment Reporting [Abstract]
Schedule of Segment Information	A measure of segment liabilities has not been currently provided to the Company’s CODM and therefore is not shown below. Segment assets are shown due to the significant asset impairment charges recorded during the six months ended December 31, 2023. The following tables present the Company’s segment information: Schedule of Segment Information December 31, 2023 June 30, 2023 (Unaudited) Assets: EEG iGaming $ 886,939 $ 15,275,501 EEG Games $ 3,048,490 $ 4,486,563 Other Corporate $ 3,668,980 $ 2,339,227 Total $ 7,604,409 $ 22,101,291 Total Assets $ 7,604,409 $ 22,101,291 2023 2022 2023 2022 For the three months ended December 31, For the six months ended December 31, 2023 2022 2023 2022 Revenues: EEG iGaming segment $ 1,840,958 $ 5,538,486 $ 3,797,007 $ 14,133,832 EEG Games segment $ 741,069 $ 870,919 $ 1,474,837 $ 1,880,837 Total $ 2,582,027 $ 6,409,405 $ 5,271,844 $ 16,014,669 Adjusted EBITDA (1) (2) EEG iGaming segment $ (202,562 ) $ (1,150,938 ) $ (454,965 ) $ (1,612,133 ) EEG Games segment $ (109,175 ) $ (561,742 ) $ (210,642 ) $ (1,108,538 ) Total Adjusted EBITDA $ (311,737 ) $ (1,712,680 ) $ (665,607 ) $ (2,720,671 ) Adjusted for: Other corporate and overhead costs $ (2,116,384 ) $ (1,744,816 ) $ (5,149,367 ) $ (3,914,445 ) Interest expense $ - $ (971,374 ) $ - $ (2,029,782 ) Change in fair value of derivative liability $ (536,698 ) $ 8,324,802 $ (536,698 ) $ 8,599,666 Change in fair value of warrant liability $ 74,111 $ 2,571,732 $ 279,476 $ 5,022,288 Change in fair value of contingent consideration $ - $ (3,044,019 ) $ - $ (2,864,551 ) Other non-operating income (loss), net $ (54,940 ) $ 486,386 $ (45,316 ) $ 532,836 Depreciation and amortization $ (1,076,056 ) $ (1,887,729 ) $ (2,163,005 ) $ (3,788,874 ) Right of use asset amortization $ (24,149 ) $ (19,984 ) $ (42,410 ) $ (44,819 ) Asset impairment charges $ (12,981,142 ) $ (16,135,000 ) $ (12,981,142 ) $ (16,135,000 ) Stock-based Compensation $ (21,078 ) $ - $ (42,156 ) $ (921,991 ) Legal Settlement $ - $ - $ (500,000 ) $ - Cost of acquisition $ - $ - - $ (35,930 ) Income tax benefit (expense) $ - $ - $ - $ - Net loss $ (17,048,073 ) $ (14,132,682 ) $ (21,846,225 ) $ (18,301,273 ) (1) The Company has no intersegment revenues or costs and thus no eliminations required. (2) The Company defines Adjusted Segment EBITDA as earnings (loss) before, as applicable to the particular period, other corporate and overhead costs, interest expense; income taxes; depreciation and amortization, including right of use asset amortization; stock-based compensation; legal settlements; cost of acquisitions; 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).

Nature of Operations (Details N

Nature of Operations (Details Narrative)	Feb. 27, 2024 USD ($)
Minimum [Member] | Subsequent Event [Member]
Stockholders' equity requirement amount	$ 2,500,000

Schedule of Weighted Average Di

Schedule of Weighted Average Diluted Common Shares Outstanding (Details) - shares	6 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities	4,226,627	837,745
Common Stock Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities	75	20
Common Stock Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities	4,938	1,406
Common Stock Senior Convertible Note [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities		369
10% Series A Cumulative Redeemable Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities	842,030	835,950
Series C Convertible Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities	991,467
Series D Convertible Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities	1,178,553
Series D Convertible Preferred Stock Issuable From Exercise of Series D Preferred Stock Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities	1,209,564

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	3 Months Ended				6 Months Ended
	Dec. 31, 2023	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2022	Mar. 26, 2024	Jun. 30, 2022
Subsidiary, Sale of Stock [Line Items]
Reverse stock split						one-for-four-hundred (1-for-400) reverse stock split
Accumulated deficit	$ 203,272,130				$ 203,272,130	$ 181,425,905
Cash	1,101,731		$ 682,378		1,101,731	1,745,298	$ 682,378		$ 2,517,146
Liabilities current	7,765,798				7,765,798
Net cash used in operating activities					4,078,490		8,540,978
Net loss	17,048,073	$ 4,798,152	14,132,682	$ 4,168,591	21,846,225		18,301,273
Liabilities to customers	270,931				270,931	664,313
Liability to customers	2,350,231		$ 677,730		$ 2,350,231	$ 168,304	$ 677,730		$ 2,292,662
Earning per share convertible description					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 Stock warrants (the “Series D Preferred Warrants”), was 90% of the Company’s Nasdaq Official Closing Price of $3.95 on December 31, 2023. Issuances of shares of common stock upon conversion of the Series D Convertible Preferred Stock and Common Warrants.
Equity Distribution Agreement [Member]
Subsidiary, Sale of Stock [Line Items]
Liabilities to customers	54,409				$ 54,409
Non-interest bearing escrow deposits	$ 2,295,822				2,295,822
Subsequent Event [Member]
Subsidiary, Sale of Stock [Line Items]
Cash on hand								$ 1,300,000
ATM Offering [Member]
Subsidiary, Sale of Stock [Line Items]
Gross proceeds					$ 1,400,000

Schedule of Other Receivables (

Schedule of Other Receivables (Details) - USD ($)	Dec. 31, 2023	Jun. 30, 2023
Receivables [Abstract]
Indirect taxes	$ 147,019	$ 21,024
Other	146,855	476,579
Other receivables	$ 293,874	$ 497,603

Schedule of Prepaid Expenses an

Schedule of Prepaid Expenses and Other Current Assets (Details) - USD ($)	Dec. 31, 2023	Jun. 30, 2023
Prepaid Expenses And Other Current Assets
Prepaid marketing costs	$ 14,264	$ 53,365
Prepaid insurance	281,532	265,974
Prepaid gaming costs	25,934	375,082
Other	80,660	11,609
Prepaid expenses and other current assets	$ 402,390	$ 706,030

Schedule of Equipment (Details)

Schedule of Equipment (Details) - USD ($)	Dec. 31, 2023	Jun. 30, 2023
Property, Plant and Equipment [Line Items]
Equipment, at cost		$ 72,573
Accumulated depreciation		(52,560)
Equipment, net		20,013
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Equipment, at cost		36,630
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Equipment, at cost		$ 35,943

Equipment (Details Narrative)

Equipment (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 3,535	$ 13,899	$ 8,757	$ 36,312
Asset impairment charges	$ 13,192	$ 0	$ 13,192	$ 0

Schedule of Goodwill (Details)

Schedule of Goodwill (Details)	6 Months Ended
	Dec. 31, 2023 USD ($)
Indefinite-Lived Intangible Assets [Line Items]
Goodwill, balance as of June 30, 2023	$ 4,491,223
Foreign currency translation	44,949
Asset impairment charges	(4,536,172)
Goodwill, balance as of December 31, 2023
EEG iGaming [Member]
Indefinite-Lived Intangible Assets [Line Items]
Goodwill, balance as of June 30, 2023	3,511,391
Foreign currency translation	44,949
Asset impairment charges	(3,556,340)
Goodwill, balance as of December 31, 2023
EEG Games [Member]
Indefinite-Lived Intangible Assets [Line Items]
Goodwill, balance as of June 30, 2023	979,832
Foreign currency translation
Asset impairment charges	(979,832)
Goodwill, balance as of December 31, 2023

Schedule of Intangible Assets (

Schedule of Intangible Assets (Details) - USD ($)	Dec. 31, 2023	Jun. 30, 2023
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 4,634,000	$ 23,015,437
Accumulated Amortization	(1,740,029)	(9,690,810)
Net Carrying Amount	2,893,971	13,324,627
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	900,333	2,801,963
Accumulated Amortization	(171,882)	(566,501)
Net Carrying Amount	728,451	2,235,462
Developed Technology and Software [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	3,400,333	9,240,018
Accumulated Amortization	(1,428,140)	(3,757,061)
Net Carrying Amount	1,972,193	5,482,957
Gaming Licenses [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount		724,431
Accumulated Amortization		(724,431)
Net Carrying Amount
Player Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	333,334	10,022,587
Accumulated Amortization	(140,007)	(4,621,655)
Net Carrying Amount	193,327	5,400,932
Internal-use Software [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount		226,438
Accumulated Amortization		(21,162)
Net Carrying Amount		$ 205,276

Schedule of Future Amortization

Schedule of Future Amortization of Intangible Assets (Details) - USD ($)	Dec. 31, 2023	Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Remainder of Fiscal 2024	$ 497,149
Fiscal 2025	994,298
Fiscal 2026	919,625
Fiscal 2027	98,218
Fiscal 2028	98,218
Thereafter	286,463
Total	$ 2,893,971	$ 13,324,627

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Indefinite-Lived Intangible Assets [Line Items]
Impairment of intangible assets, finite-lived		$ 0		$ 0
Goodwill, impairment loss, net of tax			$ 4,536,172	16,135,000
Goodwill and intangible asset impairment charges	$ 12,967,950	16,135,000	12,967,950	16,135,000
Amortization of intangible assets	1,072,521	1,912,257	2,154,248	3,752,562
EEG iGaming [Member]
Indefinite-Lived Intangible Assets [Line Items]
Goodwill, impairment loss, net of tax			3,556,340	14,500,000
Amortization of intangible assets	823,945	1,663,671	1,657,097	3,255,411
EEG iGaming [Member] | Trade Names [Member]
Indefinite-Lived Intangible Assets [Line Items]
Asset impairment charges			1,380,280
EEG iGaming [Member] | Developed Technology and Software [Member]
Indefinite-Lived Intangible Assets [Line Items]
Asset impairment charges			2,546,981
EEG iGaming [Member] | Player Relationships [Member]
Indefinite-Lived Intangible Assets [Line Items]
Asset impairment charges			4,252,423
EEG iGaming [Member] | Internal-use Software [Member]
Indefinite-Lived Intangible Assets [Line Items]
Asset impairment charges			252,094
EEG Games [Member]
Indefinite-Lived Intangible Assets [Line Items]
Goodwill, impairment loss, net of tax			979,832	1,635,000
Amortization of intangible assets	$ 248,576	$ 248,586	$ 497,151	$ 497,151

Schedule of Account Payable and

Schedule of Account Payable and Accrued Expenses (Details) - USD ($)	Dec. 31, 2023	Jun. 30, 2023
Payables and Accruals [Abstract]
Trade accounts payable	$ 4,512,575	$ 4,469,927
Accrued marketing	2,012,710	1,054,085
Accrued payroll and benefits	303,035	298,636
Accrued gaming liabilities	123,243	145,393
Accrued professional fees	480,000	286,314
Accrued jackpot liabilities		91,892
Accrued legal settlement (Note 10)	450,000
Accrued other liabilities	606,557	759,947
Total	$ 8,488,120	$ 7,106,194

Related Party Transactions (Det

Related Party Transactions (Details Narrative)			3 Months Ended				6 Months Ended		12 Months Ended
	Apr. 03, 2022 USD ($)	Apr. 02, 2022 shares	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2022 NZD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Jun. 30, 2023 USD ($)
Related Party Transaction [Line Items]
Cost of revenue			$ 688,532	$ 2,371,655			$ 1,290,558	$ 6,122,071
Employment Agreement [Member]
Related Party Transaction [Line Items]
Related party amount of transaction	$ 500
Related Party [Member]
Related Party Transaction [Line Items]
Cost of revenue			0	43,107			0	72,107
General and administrative expense			8,130	1,339			12,194	4,274
Related Party [Member] | Advisory Services Ltd [Member]
Related Party Transaction [Line Items]
Amounts payable to related parties			$ 10,263				$ 10,263		$ 12,700
Chief Executive Officer [Member]
Related Party Transaction [Line Items]
Related party transaction rate							5%		5%
Related party amount of transaction							$ 0		$ 47,895
Chief Executive Officer [Member] | Related Party [Member]
Related Party Transaction [Line Items]
Operating costs and expenses				$ 0				1,200
Legal settlement								$ 450,000
Former Chief Financial Officer [Member]
Related Party Transaction [Line Items]
Issuance of Common Stock, shares | shares		2,000
Former Chief Financial Officer [Member] | Consultancy Agreement [Member]
Related Party Transaction [Line Items]
Related party amount of transaction					$ 23,524	$ 36,995

Debt (Details Narrative)

Debt (Details Narrative) - USD ($)						3 Months Ended			6 Months Ended		12 Months Ended
	Dec. 04, 2023	Dec. 19, 2022	Sep. 19, 2022	Mar. 02, 2022	Jun. 02, 2021	Dec. 31, 2023	Apr. 28, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Jun. 30, 2023	Dec. 05, 2023	Sep. 30, 2023	Aug. 15, 2023	Jan. 27, 2023	Jun. 30, 2022	Apr. 01, 2022	Feb. 22, 2022
Short-Term Debt [Line Items]
Amount remitted										$ 2,778,427
Fair value of derivative liability						$ 2,356,698			2,356,698							$ 9,399,620
Change in fair value of derivative liability						(536,698)		$ 8,324,802	$ (536,698)	8,599,666
Exercise price														$ 77.40
Warrants overallotment									10,420		4,869
Change in fair market value of warrant liability						(74,111)		(2,571,732)	$ (279,476)	(5,022,288)
Series C & D Convertible Preferred Stock [Member]
Short-Term Debt [Line Items]
Class of warrant description	The Series D Convertible Preferred Stock, Series D Preferred Warrants and Series D Common Warrants were not reclassified as they were limited to the 9.99% beneficial owner cap per the Series D Convertible Preferred Stock Certificate of Designations at December 31, 2023, and therefore the Company had authorized and unissued shares to cover the contracted number. See Note 14 for further discussion of the fair value determined for the derivative liability for the period ended December 31, 2023.
Series C & D Convertible Preferred Stock [Member] | Fair Value, Inputs, Level 3 [Member]
Short-Term Debt [Line Items]
Fair value of derivative liability												$ 1,820,000
Fair value of derivative liability						2,356,698			2,356,698
Change in fair value of derivative liability									536,698
Series A Warrants [Member]
Short-Term Debt [Line Items]
Class of warrant description					The Series A Warrants are callable by the Company should the volume weighted average share price of the Company exceed $1,300,000 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.
Number of warrants issued					50
Exercise price					$ 700,000
Warrants and rights outstanding											$ 0		$ 0
Change in fair market value of warrant liability						0		$ 105,953	0	$ 105,953
Series B Warrants [Member]
Short-Term Debt [Line Items]
Number of warrants issued					50
Senior Notes [Member]
Short-Term Debt [Line Items]
Debt principle outstanding							$ 15,910,000
Debt principle amount							$ 19,261,583
Senior Notes [Member] | Common Stock [Member]
Short-Term Debt [Line Items]
Debt aggregate shares of common stock							2,242,143
September 2022 Offering [Member]
Short-Term Debt [Line Items]
Number of shares sold										750
Price per share								$ 10,000		$ 10,000
Exercise price								$ 10,000		$ 10,000
September 2022 Warrants [Member]
Short-Term Debt [Line Items]
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.
Number of shares sold			750
Price per share			$ 10,000
Number of warrants issued			750
Exercise price			$ 10,000
Warrants and rights outstanding			$ 5,286,288			0			0		251,876
Change in fair market value of warrant liability						22,361		$ 1,536,732	251,876	$ 3,018,834
Over-Allotment Option [Member]
Short-Term Debt [Line Items]
Warrants overallotment			90
March 2022 Warrants [Member]
Short-Term Debt [Line Items]
Class of warrant description				The March 2022 Warrants are callable by the Company should the volume weighted average share price of the Company exceed $120,000 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.
Number of shares sold				375
Price per share				$ 40,000
Number of warrants issued				375													56
Exercise price				$ 40,000
Warrants and rights outstanding				$ 9,553,500		86,250			86,250		$ 113,850
Change in fair market value of warrant liability						$ 51,750		1,035,000	$ 27,600	1,897,500
March 2022 Warrants [Member] | Measurement Input, Exercise Price [Member]
Short-Term Debt [Line Items]
Number of warrants issued				40,000													40,000
April 2022 Warrants [Member]
Short-Term Debt [Line Items]
Warrants and rights outstanding				$ 607,500
Senior Convertible Note [Member]
Short-Term Debt [Line Items]
Interest due		$ 1,073,343
Debt weighted average interest rate															90%
Loss on extinguishment of debt							$ 3,616,372
Senior Convertible Note [Member] | September 2022 Offering [Member]
Short-Term Debt [Line Items]
Debt principle outstanding			$ 32,221,573
Amount remitted			$ 2,778,427
Make Whole Derivative Liability [Member]
Short-Term Debt [Line Items]
Loss on extinguishment of debt								$ 8,324,802		$ 8,599,666
Exchange Agreement [Member] | Senior Convertible Note [Member]
Short-Term Debt [Line Items]
Remaining principal amount																		$ 29,150,001
Debt principle outstanding																		$ 35,000,000
Waiver Agreement [Member] | Senior Convertible Note Holder [Member]
Short-Term Debt [Line Items]
Increasing in debt							2,950,010
Debt principle amount							450,010
Converted accrued liabilities							$ 2,500,000

Commitments and contingencies (

Commitments and contingencies (Details Narrative) - USD ($)				3 Months Ended		6 Months Ended		12 Months Ended
	May 17, 2022	Mar. 31, 2022	Aug. 17, 2020	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Jun. 30, 2025	Jun. 30, 2024	Sep. 28, 2023	Jun. 30, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Paid for issuance of common stock				$ 5,248,886
Sales and marketing expense				658,846	$ 1,843,557	$ 1,571,942	$ 4,288,892
Accounts payable and accrued expenses				8,488,120		8,488,120					$ 7,106,194
General and administrative expense				4,784,053	7,559,402	10,971,889	17,030,436
Damages paid amount		$ 50,000
Claiming damages	$ 5,000,000
Chief Executive Officer [Member] | MrJohnson [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Accounts payable and accrued expenses				450,000		$ 450,000
Partnership Agreement [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Capital commitments, shares						3
Total capital commitments						$ 100,000,000
Partnership Agreement [Member] | Additional Shares Capital [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Total capital commitments						200,000,000
Multi-year Agreement [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Sales and marketing expense				90,544	578,498	$ 181,088	816,183
Commitments agreements									$ 159,000
Multi-year Agreement [Member] | Forecast [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Commitments agreements								$ 225,000
Legal Settlement Agreement [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Subsequent event, description						Pursuant to the Legal Settlement Agreement, the Company has agreed to make an aggregate payment of $500,000 in cash to Mr. Johnson (which among includes attorneys’ fees and costs), comprised of an initial payment of $50,000 beginning approximately thirty (30) days after the signing of the Legal Settlement Agreement, with subsequent payments of $50,000 due on each subsequent thirtieth (30th) day of each month thereafter until fully paid.
General and administrative expense				0		$ 500,000
Game Fund Partners LLC [Member] | Partnership Agreement [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Amount of investment				300,000,000		300,000,000
Game Fund Partners LLC [Member] | Partnership Agreement [Member] | Initial Invest EEG Shares [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Amount of investment				2,000,000		$ 2,000,000
Investment percentage						20%
One Year Anniversary [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Paid for issuance of common stock			$ 1,550,000			$ 1,250,000
Issuance of common stock			2			1
Sales and marketing expense				342,333	$ 684,665	$ 342,333	$ 684,665
Accounts payable and accrued expenses				$ 1,928,000		$ 1,928,000					$ 1,250,000
Annual commitment										$ 385,000
One Year Anniversary [Member] | July 1, 2021 Onwards [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Paid for issuance of common stock			$ 1,250,000
Issuance of common stock			1

Schedule of Disaggregated by Re

Schedule of Disaggregated by Revenue (Details) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Disaggregation of Revenue [Line Items]
Revenue	$ 2,582,027	$ 6,409,405	$ 5,271,844	$ 16,014,669
Online Betting and Casino Revenues [Member]
Disaggregation of Revenue [Line Items]
Revenue	1,840,958	5,538,486	3,797,007	14,133,832
Esports and Other Revenues [Member]
Disaggregation of Revenue [Line Items]
Revenue	$ 741,069	$ 870,919	$ 1,474,837	$ 1,880,837

Schedule of Revenues with Custo

Schedule of Revenues with Customers and Long-lived Assets by Geographical Area (Details) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Disaggregation of Revenue [Line Items]
Revenue	$ 2,582,027	$ 6,409,405	$ 5,271,844	$ 16,014,669
UNITED STATES
Disaggregation of Revenue [Line Items]
Revenue	741,069	581,501	1,474,837	1,394,381
Non-US [Member]
Disaggregation of Revenue [Line Items]
Revenue	$ 1,840,958	$ 5,827,904	$ 3,797,007	$ 14,620,288

Schedule of Company_s Revenue R

Schedule of Company’s Revenue Recognized at Point in Time or Over Time (Details) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Disaggregation of Revenue [Line Items]
Revenue	$ 2,582,027	$ 6,409,405	$ 5,271,844	$ 16,014,669
Point In Time [Member]
Disaggregation of Revenue [Line Items]
Revenue	2,021,898	6,154,472	4,254,047	15,380,944
Over Time [Member]
Disaggregation of Revenue [Line Items]
Revenue	$ 560,129	$ 254,933	$ 1,017,797	$ 633,725

Schedule of Deferred Revenue (D

Schedule of Deferred Revenue (Details) - USD ($)	6 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Deferred revenue, beginning of the year	$ 989,027	$ 575,097
Deferred revenue, end of the period	1,267,682	1,090,333
Deferred revenue	$ 451,098	$ 428,107

Schedule of Long-lived Assets G

Schedule of Long-lived Assets Geography (Details) - USD ($)	Dec. 31, 2023	Jun. 30, 2023
Disaggregation of Revenue [Line Items]
Long-lived assets	$ 2,937,276	$ 18,058,243
UNITED STATES
Disaggregation of Revenue [Line Items]
Long-lived assets	2,893,971	5,146,469
Non-US [Member]
Disaggregation of Revenue [Line Items]
Long-lived assets	$ 43,305	$ 12,911,774

Schedule of Warrant Activity (D

Schedule of Warrant Activity (Details) - USD ($)	6 Months Ended	12 Months Ended
	Dec. 31, 2023	Jun. 30, 2023	Jun. 30, 2022
Equity [Abstract]
Number of Warrants, Outstanding, Beginning Balance	4,938	565
Weighted Average Exercise Price, Outstanding, Beginning Balance	$ 218,476	$ 567,600
Weighted Average Remaining Life (Years), Outstanding Balance	4 years 1 month 13 days	4 years 7 months 17 days	4 years 25 days
Intrinsic Value, Outstanding, Beginning Balance
Number of Warrants, Issued	10,420	4,869
Weighted Average Exercise Price, Issued	$ 77.40	$ 400
Number of Warrants, Exercised	(10,420)	(446)
Weighted Average Exercise Price, Exercised	$ 77.40	$ 400
Number of Warrants, Forfeited or cancelled		(50)
Weighted Average Exercise Price, Forfeited or cancelled		$ 700,000
Number of Warrants, Outstanding, Ending Balance	4,938	4,938	565
Weighted Average Exercise Price, Outstanding, Ending Balance	$ 218,476	$ 218,476	$ 567,600
Intrinsic Value, Outstanding, Ending Balance

Schedule of Stock Option Activi

Schedule of Stock Option Activity (Details) - $ / shares	3 Months Ended		6 Months Ended	12 Months Ended
	Dec. 31, 2023	Sep. 30, 2023	Dec. 31, 2023	Jun. 30, 2023
Equity [Abstract]
Number of Options, Outstanding, Beginning Balance	75	77	77	28
Weighted Average Exercise Price, Outstanding, Beginning Balance	$ 44,429	$ 49,552	$ 49,552	$ 49,440
Number of Options, Granted				63
Weighted Average Exercise Price, Granted				$ 2,944
Number of Options, Exercised
Weighted Average Exercise Price, Exercised
Number of Options, Cancelled		(2)		(14)
Weighted Average Exercise Price, Cancelled		$ 270,059		$ 246,617
Number of Options, Outstanding, Ending Balance	75	75	75	77
Weighted Average Exercise Price, Outstanding, Ending Balance	$ 44,429	$ 44,429	$ 44,429	$ 49,552

Equity (Details Narrative)

Equity (Details Narrative) - USD ($)																1 Months Ended	3 Months Ended			6 Months Ended		12 Months Ended
	Mar. 26, 2024	Mar. 07, 2024	Dec. 31, 2023	Dec. 01, 2023	Nov. 24, 2023	Nov. 17, 2023	Nov. 10, 2023	Nov. 03, 2023	Oct. 06, 2023	Sep. 15, 2023	Sep. 15, 2023	Aug. 15, 2023	May 22, 2023	Jan. 01, 2023	Sep. 10, 2020	May 22, 2023	Dec. 31, 2023	Sep. 30, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Jun. 30, 2023	Aug. 17, 2023	Aug. 16, 2023	Jan. 03, 2023
Subsidiary, Sale of Stock [Line Items]
Aggregate price												$ 77.40
Warrant prepaid per share												$ 77
Proceeds from issuance of Common Stock																				$ 5,248,886
Proceeds from the exercise of pre-funded warrants																				806,500	6,566
Conversion of stock, amount converted																				16,467,745
Shares issued value																	$ 5,248,886
Net loss available to common stockholders																	$ (31,410,571)		$ (14,408,568)	$ (49,972,199)	(18,852,331)
Common stock par value			$ 0.001														$ 0.001			$ 0.001		$ 0.001
Common Stock, Shares, Issued			1,145,980														1,145,980			1,145,980		9,461
Preferred Stock, Par or Stated Value Per Share			$ 0.001														$ 0.001			$ 0.001		$ 0.001
Weighted average remaining life																				7 years 11 months 23 days
Exercisable shares			75														75			75
Weighted average exercise price, exercisable			$ 44,429														$ 44,429			$ 44,429
Preferred stock, shares authorized			10,000,000														10,000,000			10,000,000		10,000,000
Dividends																	$ 125,459			$ 380,982
Preferred Stock, Value, Issued
Deemed dividend on make whole provision preferred stock																	1,046,341			4,805,990
Deemed dividend from down round provision preferred stock																	10,979,863			20,362,772
Unamortized stock options compensation			$ 0														$ 0			$ 0
Options granted																						63
Stock Options [Member]
Subsidiary, Sale of Stock [Line Items]
Stock-based compensation expense																	$ 21,078		$ 0	$ 42,156	$ 921,991
2020 Equity and Incentive Plan [Member]
Subsidiary, Sale of Stock [Line Items]
Shares authorized for issuance			55												38		55			55
Common stock available for future issuance			43														43			43
2020 Equity and Incentive Plan [Member] | Stock Options [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 6 shares.
Preferred Warrant [Member] | Series D Preferred Stock [Member]
Subsidiary, Sale of Stock [Line Items]
Proceeds from the exercise of pre-funded warrants													$ 4,300,000
Underwriting discounts and commissions																$ 341,000
Proceeds from Issuance of Redeemable Convertible Preferred Stock																$ 3,959,000
Common Stock [Member]
Subsidiary, Sale of Stock [Line Items]
Issuance of common stock under the ATM, net of issuance costs, shares																	515,394
Shares issued value																	$ 515
Shares issued																				81,051
Common Stock [Member] | Common Warrant [Member]
Subsidiary, Sale of Stock [Line Items]
Warrants purchase													3,583			3,583
Common stock par value													$ 784			$ 784
Warrant [Member]
Subsidiary, Sale of Stock [Line Items]
Aggregate price																								$ 77.40
Warrant prepaid per share																								$ 77
Subsequent Event [Member]
Subsidiary, Sale of Stock [Line Items]
Conversion of stock, amount converted		$ 150,000
Subsequent Event [Member] | Preferred Stock [Member]
Subsidiary, Sale of Stock [Line Items]
Shares issued value		10,000,000
Settlement Agreement [Member]
Subsidiary, Sale of Stock [Line Items]
Exercise price				$ 7	$ 9.72	$ 10.92		$ 20
Percentage of preferred stock conversion				90%					90%			90%
Issuance of common stock under the ATM, net of issuance costs, shares				143	103	91		200
Gross proceeds, percentage																				50%
Settlemen tAgreement One [Member]
Subsidiary, Sale of Stock [Line Items]
Exercise price							$ 15.41
Issuance of common stock under the ATM, net of issuance costs, shares							65
Series C & D Convertible Preferred Stock [Member]
Subsidiary, Sale of Stock [Line Items]
Conversion price				$ 7.44		$ 11.92	$ 17.04	$ 24	$ 38.60														$ 77.40
Series C & D Convertible Preferred Stock One [Member]
Subsidiary, Sale of Stock [Line Items]
Conversion price					$ 10.88
Equity Distribution Agreement [Member]
Subsidiary, Sale of Stock [Line Items]
Gross proceeds, percentage										3%
Escrow deposit			$ 2,295,822														2,295,822			$ 2,295,822
Common stock par value										$ 0.001	$ 0.001
Equity Distribution Agreement [Member] | Maximum [Member]
Subsidiary, Sale of Stock [Line Items]
Aggregate gross sales proceeds											$ 7,186,257
Securities Purchase Agreement [Member]
Subsidiary, Sale of Stock [Line Items]
Sale of stock price per share												$ 0.001
Exercise price												77.40
Warrant prepaid per share												$ 0.40
Common Stock, Shares, Issued												2,500
Proceeds from issuance of warrants shares												10,420
August 2023 Settlement Agreement [Member]
Subsidiary, Sale of Stock [Line Items]
Proceeds to redeem additional shares settlement percentage												90%
Holder [Member]
Subsidiary, Sale of Stock [Line Items]
Escrow deposit			2,295,822														2,295,822			2,295,822
Redemption amount			$ 322,120														$ 322,120			$ 322,120
Holder [Member] | Subsequent Event [Member]
Subsidiary, Sale of Stock [Line Items]
Escrow deposit	$ 2,295,822
Holder [Member] | Settlement Agreement [Member]
Subsidiary, Sale of Stock [Line Items]
Exercise price			$ 40						$ 20								$ 40			$ 40
Issuance of common stock under the ATM, net of issuance costs, shares									25											25
Holder fees payment			$ 119,500
Shares issued value									$ 1,000
Gross proceeds, percentage																				50%
Chief Executive Officer [Member]
Subsidiary, Sale of Stock [Line Items]
Exercise price																									$ 2,944
Remitted amount																				$ 0		$ 47,895
Series C Preferred Stock [Member]
Subsidiary, Sale of Stock [Line Items]
Sale of stock price per share			$ 986														$ 986			$ 986		$ 14
Accrued dividends			$ 157,931														$ 157,931			$ 157,931
Percentage of preferred stock conversion			90%														90%			90%
Conversion floor amount																				$ 4,805,990
Accrued dividends			$ 223,050														$ 223,050			223,050
Preferred Stock, Value, Issued			3,524,665														3,524,665			3,524,665		$ 14,805,438
Cumulative Dividends			$ 1,749,665														1,749,665			1,749,665		$ 204,414
Series C Preferred Stock [Member] | Preferred Stock [Member]
Subsidiary, Sale of Stock [Line Items]
Shares issued value
Dividends																	$ 212,741			555,589
Deemed dividend, preferred stock																				1,046,341
Series C Preferred Stock [Member] | Subsequent Event [Member]
Subsidiary, Sale of Stock [Line Items]
Preferred Stock, Value, Issued		3,549,177
Series C Preferred Stock [Member] | Settlement Agreement [Member]
Subsidiary, Sale of Stock [Line Items]
Conversion of stock, amount converted																				3,524,665
Series C Preferred Stock [Member] | Holder [Member]
Subsidiary, Sale of Stock [Line Items]
Conversion of stock, amount converted																				$ 16,309,814
Conversion of shares																				526,503
Series C Convertible Preferred Stock [Member]
Subsidiary, Sale of Stock [Line Items]
Preferred stock, shares outstanding																						14,601
Preferred Stock, Shares Issued																						14,601
Preferred Stock, Par or Stated Value Per Share			$ 0.001														$ 0.001			$ 0.001		$ 0.001
Preferred stock, shares authorized			20,000														20,000			20,000		20,000
Preferred Stock, Value, Issued																						$ 14,805,438
Series C Convertible Preferred Stock [Member] | Preferred Stock [Member]
Subsidiary, Sale of Stock [Line Items]
Shares issued value
Series C Convertible Preferred Stock [Member] | Settlement Agreement [Member]
Subsidiary, Sale of Stock [Line Items]
Preferred stock, shares outstanding			1,775														1,775			1,775		14,601
Series C & D Convertible Preferred Stock [Member]
Subsidiary, Sale of Stock [Line Items]
Conversion of stock, amount converted																				$ 20,362,772
Net loss available to common stockholders																	$ 10,979,863			20,362,772
Series D Convertible Preferred Stock [Member]
Subsidiary, Sale of Stock [Line Items]
Accrued dividends			$ 1,072														$ 1,072			$ 1,072
Preferred stock, shares outstanding			3,988														3,988			3,988		4,300
Issuance of common stock under the ATM, net of issuance costs, shares																				312
Redemption amount			$ 321,048														$ 321,048			$ 321,048
Preferred Stock, Shares Issued			3,988														3,988			3,988		4,300
Preferred Stock, Par or Stated Value Per Share			$ 0.001														$ 0.001			$ 0.001		$ 0.001
Preferred stock, shares authorized			10,000														10,000			10,000		10,000
Preferred Stock, Value, Issued			$ 2,495,617														$ 2,495,617			$ 2,495,617		$ 2,618,389
Series D Convertible Preferred Stock [Member] | Subsequent Event [Member]
Subsidiary, Sale of Stock [Line Items]
Accrued dividends	$ 58,179
Issuance of common stock under the ATM, net of issuance costs, shares	2,129
Redemption amount	$ 2,237,643
Series D Convertible Preferred Stock [Member] | Settlement Agreement [Member]
Subsidiary, Sale of Stock [Line Items]
Conversion of stock, amount converted																				$ 4,189,754
Preferred stock, shares outstanding			3,988														3,988			3,988		4,300
Series D Preferred Stock [Member]
Subsidiary, Sale of Stock [Line Items]
Preferred Stock, Shares Issued													4,300			4,300
Preferred Stock, Par or Stated Value Per Share													$ 1,000			$ 1,000
Preferred Stock, Value, Issued			$ 4,189,753														$ 4,189,753			$ 4,189,753		$ 4,337,267
Unrealized Gain (Loss) on Derivatives																				$ 201,753		$ 37,267
Derivative, Average Floor Price			51														51			51		9
Series D Preferred Stock [Member] | Preferred Warrant [Member]
Subsidiary, Sale of Stock [Line Items]
Warrants purchase													4,300			4,300
Preferred Stock, Par or Stated Value Per Share													$ 1,000			$ 1,000
Series D Preferred Stock [Member] | Preferred Stock [Member]
Subsidiary, Sale of Stock [Line Items]
Shares issued value
Deemed dividend, preferred stock																				$ 4,805,990
Series D Preferred Stock [Member] | Subsequent Event [Member]
Subsidiary, Sale of Stock [Line Items]
Preferred Stock, Value, Issued		$ 1,903,252
Registered Direct Offering [Member]
Subsidiary, Sale of Stock [Line Items]
Sale of stock number of shares issued in transaction												2,500									177
Sale of stock price per share												$ 0.001
Exercise price												$ 77.40
Warrants purchase												10,420							447		447
Aggregate price												$ 77.40							$ 3,748		$ 3,748
Warrant prepaid per share												$ 0.001							$ 40		$ 40
Proceeds from issuance of Common Stock												$ 193,500
Proceeds from the exercise of pre-funded warrants												$ 806,500
Cash received from offering																					$ 2,316,686
Warrant prepaid per share																					2,316,686
Issuance costs																					170,001
Proceeds from issuance of warrants														$ 11,284							6,566
Net proceeds from issuance of warrants																					2,146,685
Remitted amount																					$ 1,073,343
Proceeds from issuance of warrants														282					165		165
ATM Sales [Member]
Subsidiary, Sale of Stock [Line Items]
Sale of stock number of shares issued in transaction																				515,394
Gross proceeds																				$ 5,452,460
Cash received from offering																				5,248,886
Fees paid																				203,574
ATM Sales [Member] | October 2023 Waiver [Member]
Subsidiary, Sale of Stock [Line Items]
Percentage of net proceeds									50%
September 2022 Offering [Member]
Subsidiary, Sale of Stock [Line Items]
Sale of stock number of shares issued in transaction																					750
Sale of stock price per share																			$ 10,000		$ 10,000
Aggregate price																			$ 10,000		$ 10,000
Proceeds from the exercise of pre-funded warrants																					$ 7,536,000
Cash received from offering																					6,854,418
Warrant prepaid per share																					1,568,130
Issuance costs																					681,582
Proceeds from issuance of warrants																				$ 5,286,288
General working capital																					2,778,427
General working capital included equity																					$ 2,265,928
Percentage of gross proceeds																					50%
Aggregate gross sales proceeds																					$ 2,000,000
Percentage of offering fees																					7%
Underwriting discounts																					$ 5,125

Schedule of Other Non Operating

Schedule of Other Non Operating Income Loss Net (Details) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Other Income and Expenses [Abstract]
Foreign exchange gain (loss)	$ (39,844)	$ 38,640	$ (11,702)	$ 49,494
Other non-operating income (loss)	(15,096)	447,746	(33,614)	483,342
Total	$ (54,940)	$ 486,386	$ (45,316)	$ 532,836

Schedule of Fair Value of Finan

Schedule of Fair Value of Financial Instruments (Details) - USD ($)	Dec. 31, 2023	Jun. 30, 2023
March 2022 Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liability	$ 86,250	$ 113,850
March 2022 Warrants [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liability	86,250	113,850
March 2022 Warrants [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liability
March 2022 Warrants [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liability
September Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liability		251,876
September Warrants [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liability
September Warrants [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liability
September Warrants [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liability		$ 251,876
Derivative Liability [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liability	2,356,698
Derivative Liability [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liability
Derivative Liability [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liability
Derivative Liability [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liability	$ 2,356,698

Schedule of Changes in Level 3

Schedule of Changes in Level 3 Financial Instruments (Details) - USD ($)	3 Months Ended		12 Months Ended
	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023
Fair Value Disclosures [Abstract]
Warrant liability, beginning balance	$ 22,361	$ 251,876	$ 122,730
Contingent consideration, beginning balance			3,328,361
Derivative liability on senior convertible note, beginning balance			9,399,620
Fair value of warrants			5,286,288
Change in fair value of September Warrants	(22,361)	(229,515)	(5,034,412)
Change in fair value of Series A and Series B Warrants issued with Senior Convertible Note			(122,730)
Change in fair value of Bethard contingent consideration liability (Note 3)			2,864,551
Change in fair value of Bethard contingent consideration liability (Note 3)			(6,192,912)
Change in fair value of derivative liability on the senior convertible note	536,698		(9,399,620)
Bifurcation of the derivative liability	1,820,000
Warrant liability, ending balance		22,361	251,876
Contingent consideration, ending balance
Derivative liability on senior convertible note, ending balance	$ 2,356,698

Schedule of Warrants Outstandin

Schedule of Warrants Outstanding Fair Value Assumptions (Details) - $ / shares	6 Months Ended	12 Months Ended
	Dec. 31, 2023	Jun. 30, 2023
September 2022 Warrants [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contractual term, in years		5 years
Expected volatility	144%	154%
Risk-free interest rate	3.95%	4.27%
Dividend yield
Conversion / exercise price	$ 10,000	$ 10,000
March 2022 Warrants [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contractual term, in years	5 years	5 years
Active market	Nasdaq	Nasdaq
Market price	$ 200	$ 264
Series A Warrant [Member] | Monte Carlo [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contractual term, in years	4 years	4 years
Expected volatility	172%	152%
Risk-free interest rate	4.55%	4.90%
Dividend yield
Conversion / exercise price	$ 700,000	$ 700,000

Schedule of Derivative Liabilit

Schedule of Derivative Liability (Details) - Series C Preferred Stock [Member]	Dec. 31, 2023	Dec. 05, 2023
Measurement Input, Expected Term [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Contractual term remaining, in years	1 year	1 year
Measurement Input, Discount Rate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Conversion / exercise price	25	25
Measurement Input, Risk Free Interest Rate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Conversion / exercise price	4.67	4.67
Measurement Input, Expected Dividend Rate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Conversion / exercise price	8	8
Measurement Input, Expected Dividend Payment [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Conversion / exercise price	8.50	8.50
Measurement Input, Exercise Price [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Conversion / exercise price	7	7

Schedule of Derivative Instrume

Schedule of Derivative Instruments in the Unaudited Condensed Consolidated Balance Sheet (Details) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Sep. 30, 2023	Jun. 30, 2023	Jun. 30, 2022
Derivative liability	$ 2,356,698		$ 2,356,698				$ 9,399,620
Change in fair value of derivative liability	536,698	$ (8,324,802)	536,698	$ (8,599,666)
Series C Preferred Stock [Member]
Derivative liability	$ 2,356,698		$ 2,356,698

Schedule of Segment Information

Schedule of Segment Information (Details) - USD ($)		3 Months Ended				6 Months Ended
		Dec. 31, 2023	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2023	Dec. 31, 2022	Jun. 30, 2023
Segment Reporting Information [Line Items]
Total Assets		$ 7,604,409				$ 7,604,409		$ 22,101,291
Total		2,582,027		$ 6,409,405		5,271,844	$ 16,014,669
Total Adjusted Segment EBITDA	[1],[2]	(311,737)		(1,712,680)		(665,607)	(2,720,671)
Interest expense				(971,374)			(2,029,782)
Change in fair value of derivative liability		(536,698)		8,324,802		(536,698)	8,599,666
Other non-operating income (loss), net		(54,940)		486,386		(45,316)	532,836
Asset impairment charges		12,981,142		16,135,000		12,981,142	16,135,000
Stock-based Compensation						42,156	921,991
Income tax benefit (expense)
Net loss		(17,048,073)	$ (4,798,152)	(14,132,682)	$ (4,168,591)	(21,846,225)	(18,301,273)
Operating Segments [Member]
Segment Reporting Information [Line Items]
Total		2,582,027		6,409,405		5,271,844	16,014,669
Other corporate and overhead costs		(2,116,384)		(1,744,816)		(5,149,367)	(3,914,445)
Interest expense				(971,374)			(2,029,782)
Change in fair value of derivative liability		(536,698)		8,324,802		(536,698)	8,599,666
Change in fair value of warrant liability		74,111		2,571,732		279,476	5,022,288
Change in fair value of contingent consideration				(3,044,019)			(2,864,551)
Other non-operating income (loss), net		(54,940)		486,386		(45,316)	532,836
Depreciation and amortization		(1,076,056)		(1,887,729)		(2,163,005)	(3,788,874)
Right of use asset amortization		(24,149)		(19,984)		(42,410)	(44,819)
Asset impairment charges		(12,981,142)		(16,135,000)		(12,981,142)	(16,135,000)
Stock-based Compensation		(21,078)				(42,156)	(921,991)
Legal Settlement						(500,000)
Cost of acquisition							(35,930)
Income tax benefit (expense)
Net loss		(17,048,073)		(14,132,682)		(21,846,225)	(18,301,273)
I Gaming Segment [Member]
Segment Reporting Information [Line Items]
Total Assets		886,939				886,939		15,275,501
Total Adjusted Segment EBITDA		(202,562)		(1,150,938)		(454,965)	(1,612,133)
I Gaming Segment [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total		1,840,958		5,538,486		3,797,007	14,133,832
EEG Games Segment [Member]
Segment Reporting Information [Line Items]
Total Assets		3,048,490				3,048,490		4,486,563
Total Adjusted Segment EBITDA	[1],[2]	(109,175)		(561,742)		(210,642)	(1,108,538)
EEG Games Segment [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total		741,069		$ 870,919		1,474,837	$ 1,880,837
Other Corporate [Member]
Segment Reporting Information [Line Items]
Total Assets		$ 3,668,980				$ 3,668,980		$ 2,339,227
[1]The Company defines Adjusted Segment EBITDA as earnings (loss) before, as applicable to the particular period, other corporate and overhead costs, interest expense; income taxes; depreciation and amortization, including right of use asset amortization; stock-based compensation; legal settlements; cost of acquisitions; 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).[2]The Company has no intersegment revenues or costs and thus no eliminations required.

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)			3 Months Ended	6 Months Ended
	Mar. 07, 2024	Jan. 05, 2024	Dec. 31, 2023	Dec. 31, 2023	Dec. 31, 2022	Mar. 13, 2024	Jun. 30, 2023
Subsequent Event [Line Items]
Variable conversions				$ 16,467,745
Issuance of common stock under the ATM, net of issuance costs			$ 5,248,886
Preferred stock, value
Subsequent Event [Member]
Subsequent Event [Line Items]
Secured note	$ 1,420,000
Maturity date						Mar. 07, 2026
Interest rate						10%
Variable conversions	$ 150,000
Maturity date	Mar. 07, 2026
Subsequent Event [Member] | Preferred Stock [Member]
Subsequent Event [Line Items]
Issuance of common stock under the ATM, net of issuance costs	$ 10,000,000
Series E Preferred Stock [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Temporary equity, shares issued		100
Temporary equity, par value		$ 0.001
Temporary equity, redemption price per share		$ 10
Preferred stock, voting rights		The Certificate of Designation provided that one hundred (100) shares of Series E Preferred Stock will have 6,000,000 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 of an amendment to the Company’s articles of incorporation to increase the authorized shares of Common Stock (the “Authorized Share Increase Proposal”) or any proposal to adjourn the annual or special meeting related to an Authorized Share Increase Proposal, if applicable.
Series C Preferred Stock [Member]
Subsequent Event [Line Items]
Preferred stock, value			3,524,665	3,524,665			14,805,438
Series C Preferred Stock [Member] | Preferred Stock [Member]
Subsequent Event [Line Items]
Issuance of common stock under the ATM, net of issuance costs
Series C Preferred Stock [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Secured note						$ 1,420,000
Preferred stock, value	3,549,177
Series D Preferred Stock [Member]
Subsequent Event [Line Items]
Preferred stock, value			4,189,753	$ 4,189,753			$ 4,337,267
Series D Preferred Stock [Member] | Preferred Stock [Member]
Subsequent Event [Line Items]
Issuance of common stock under the ATM, net of issuance costs
Series D Preferred Stock [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Secured note						$ 1,420,000
Preferred stock, value	$ 1,903,252