Inspired Entertainment (INSE) 10-Q 11 Aug 23 2023 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2023	Aug. 04, 2023
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2023
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2023
Current Fiscal Year End Date	--12-31
Entity File Number	001-36689
Entity Registrant Name	INSPIRED ENTERTAINMENT, INC.
Entity Central Index Key	0001615063
Entity Tax Identification Number	47-1025534
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	250 West 57th Street
Entity Address, Address Line Two	Suite 415
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10107
City Area Code	(646)
Local Phone Number	565-3861
Title of 12(b) Security	Common stock, par value $0.0001 per share
Trading Symbol	INSE
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		26,336,586

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Assets
Cash	$ 42.1	$ 25
Accounts receivable, net	39.1	40.5
Inventory	48	31
Prepaid expenses and other current assets	32.6	32.1
Total current assets	161.8	128.6
Property and equipment, net	48.2	44.7
Software development costs, net	39.2	34.8
Other acquired intangible assets subject to amortization, net	14.7	14.7
Goodwill	78	73.9
Operating lease right of use asset	7.7	8.3
Other assets	3.9	3.4
Total assets	353.5	308.4
Current liabilities
Accounts payable and accrued expenses	47.5	54.2
Corporate tax and other current taxes payable	12.1	9.3
Deferred revenue, current	31.1	4.8
Operating lease liabilities	2.9	2.8
Other current liabilities	3.8	3.6
Total current liabilities	97.4	74.7
Long-term debt	294	277.6
Finance lease liabilities, net of current portion	1.9	1.2
Deferred revenue, net of current portion	2.8	3.7
Operating lease liabilities	5.3	5.9
Other long-term liabilities	2.4	4
Total liabilities	403.8	367.1
Commitments and contingencies
Stockholders’ deficit
Preferred stock; $0.0001 par value; 1,000,000 shares authorized
Common stock; $0.0001 par value; 49,000,000 shares authorized; 26,263,421 shares and 25,909,516 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively
Additional paid in capital	384.1	378.2
Accumulated other comprehensive income	45.1	46.4
Accumulated deficit	(479.5)	(483.3)
Total stockholders’ deficit	(50.3)	(58.7)
Total liabilities and stockholders’ deficit	$ 353.5	$ 308.4

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	1,000,000	1,000,000
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	49,000,000	49,000,000
Common stock, shares issued	26,263,421	25,909,516
Common stock, shares outstanding	26,263,421	25,909,516

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Revenue:
Total revenue		$ 80,400	$ 71,300	$ 146,400	$ 131,900
Cost of sales:
Cost of service	[1]	(13,400)	(11,700)	(24,300)	(23,500)
Cost of product sales	[1]	(9,800)	(4,400)	(15,600)	(6,500)
Selling, general and administrative expenses		(34,400)	(31,900)	(68,700)	(61,500)
Acquisition and integration related transaction expenses			(100)		(200)
Depreciation and amortization		(10,400)	(10,100)	(19,300)	(20,500)
Net operating income		12,400	13,100	18,500	19,700
Other expense
Interest expense, net		(7,300)	(6,000)	(13,600)	(12,500)
Gain on disposal of business					900
Other finance income		100	300	200	600
Total other expense, net		(7,200)	(5,700)	(13,400)	(11,000)
Net income before income taxes		5,200	7,400	5,100	8,700
Income tax (expense) benefit		(1,100)	(200)	(1,200)	(300)
Net income		4,100	7,200	3,900	8,400
Other comprehensive income:
Foreign currency translation (loss) gain		(1,600)	5,800	(3,300)	8,200
Reclassification of loss on hedging instrument to comprehensive income		100	200	300	400
Actuarial (losses) gains on pension plan		(300)	2,600	1,700	3,300
Other comprehensive (loss) income		(1,800)	8,600	(1,300)	11,900
Comprehensive income		$ 2,300	$ 15,800	$ 2,600	$ 20,300
Net income per common share – basic		$ 0.16	$ 0.27	$ 0.15	$ 0.31
Net income per common share - diluted		$ 0.14	$ 0.25	$ 0.13	$ 0.29
Weighted average number of shares outstanding during the period – basic		26,267,215	26,826,014	26,211,589	26,838,339
Weighted average number of shares outstanding during the period – diluted		29,041,781	29,262,690	28,992,987	29,375,570
Stock-based compensation included in:
Selling, general and administrative expenses		$ (3,200)	$ (2,600)	$ (6,100)	$ (5,400)
Service [Member]
Revenue:
Total revenue		68,100	64,800	126,400	121,800
Product Sales [Member]
Revenue:
Total revenue		$ 12,300	$ 6,500	$ 20,000	$ 10,100
[1]Excluding depreciation and amortization

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Stockholders' Deficit (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Total
Balance at Dec. 31, 2021		$ 372,300,000	$ 43,800,000	$ (494,100,000)	$ (78,000,000)
Balance, shares at Dec. 31, 2021	26,433,562
Foreign currency translation adjustments			2,400,000		2,400,000
Actuarial gains on pension plan			700,000		700,000
Reclassification of loss on hedging instrument to comprehensive income			200,000		200,000
Issuances under stock plans
Issuances under stock plans, shares	447,060
Net income				1,200,000	1,200,000
Stock-based compensation expense		2,700,000			2,700,000
Balance at Mar. 31, 2022		375,000,000	47,100,000	(492,900,000)	(70,800,000)
Balance, shares at Mar. 31, 2022	26,880,622
Balance at Dec. 31, 2021		372,300,000	43,800,000	(494,100,000)	(78,000,000)
Balance, shares at Dec. 31, 2021	26,433,562
Foreign currency translation adjustments					8,200,000
Net income					8,400,000
Balance at Jun. 30, 2022		377,400,000	55,700,000	(490,800,000)	(57,700,000)
Balance, shares at Jun. 30, 2022	26,448,573
Balance at Dec. 31, 2021		372,300,000	43,800,000	(494,100,000)	(78,000,000)
Balance, shares at Dec. 31, 2021	26,433,562
Net income					21,200,000
Balance at Dec. 31, 2022		378,200,000	46,400,000	(483,300,000)	(58,700,000)
Balance, shares at Dec. 31, 2022	25,909,516
Balance at Mar. 31, 2022		375,000,000	47,100,000	(492,900,000)	(70,800,000)
Balance, shares at Mar. 31, 2022	26,880,622
Foreign currency translation adjustments			5,800,000		5,800,000
Actuarial gains on pension plan			2,600,000		2,600,000
Reclassification of loss on hedging instrument to comprehensive income			200,000		200,000
Issuances under stock plans		(200,000)			(200,000)
Issuances under stock plans, shares	45,594
Net income				7,200,000	7,200,000
Repurchase of common stock				(5,100,000)	(5,100,000)
Repurchase of common stock, shares	(477,643)
Stock-based compensation expense		2,600,000			2,600,000
Balance at Jun. 30, 2022		377,400,000	55,700,000	(490,800,000)	(57,700,000)
Balance, shares at Jun. 30, 2022	26,448,573
Balance at Dec. 31, 2022		378,200,000	46,400,000	(483,300,000)	(58,700,000)
Balance, shares at Dec. 31, 2022	25,909,516
Foreign currency translation adjustments			(1,700,000)		(1,700,000)
Actuarial gains on pension plan			2,000,000		2,000,000
Reclassification of loss on hedging instrument to comprehensive income			200,000		200,000
Issuances under stock plans
Issuances under stock plans, shares	353,554
Net income				(200,000)	(200,000)
Balance at Mar. 31, 2023		381,200,000	46,900,000	(483,500,000)	(55,400,000)
Balance, shares at Mar. 31, 2023	26,263,070
Balance at Dec. 31, 2022		378,200,000	46,400,000	(483,300,000)	(58,700,000)
Balance, shares at Dec. 31, 2022	25,909,516
Foreign currency translation adjustments					(3,300,000)
Net income					3,900,000
Balance at Jun. 30, 2023		384,100,000	45,100,000	(479,500,000)	(50,300,000)
Balance, shares at Jun. 30, 2023	26,263,421
Balance at Mar. 31, 2023		381,200,000	46,900,000	(483,500,000)	(55,400,000)
Balance, shares at Mar. 31, 2023	26,263,070
Foreign currency translation adjustments			(1,600,000)		(1,600,000)
Actuarial gains on pension plan			(300,000)		(300,000)
Reclassification of loss on hedging instrument to comprehensive income			100,000		100,000
Issuances under stock plans		(200,000)			(200,000)
Issuances under stock plans, shares	4,282
Net income				4,100,000	4,100,000
Repurchase of common stock				(100,000)	(100,000)
Repurchase of common stock, shares	(3,931)
Stock-based compensation expense		3,100,000			3,100,000
Balance at Jun. 30, 2023		$ 384,100,000	$ 45,100,000	$ (479,500,000)	$ (50,300,000)
Balance, shares at Jun. 30, 2023	26,263,421

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended		12 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Cash flows from operating activities:
Net income	$ 4,100	$ (200)	$ 7,200	$ 1,200	$ 3,900	$ 8,400	$ 21,200
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	10,400		10,100		19,300	20,500	38,700
Amortization of right of use asset					1,200	1,400
Stock-based compensation expense	3,200		2,600		6,100	5,400
Reclassification of loss on hedging instrument to comprehensive income					300	400
Non-cash interest expense relating to senior debt					1,000	800
Changes in assets and liabilities:
Accounts receivable					3,300	(100)
Inventory					(15,000)	(10,400)
Prepaid expenses and other assets					2,900	2,300
Corporate tax and other current taxes payable					1,000	(6,500)
Accounts payable and accrued expenses					(9,800)	(1,500)
Deferred revenues and customer prepayment					24,600	(2,200)
Operating lease liabilities					(1,200)	(1,200)
Other long-term liabilities					(100)	(1,400)
Net cash provided by operating activities					37,500	15,900
Cash flows from investing activities:
Purchases of property and equipment					(9,300)	(11,500)
Acquisition of subsidiary company assets						(600)
Acquisition of third-party company trade and assets					(600)
Purchases of capital software and internally developed costs					(10,700)	(9,900)
Net cash used in investing activities					(20,600)	(22,000)
Cash flows from financing activities:
Repurchase of common stock					(100)	(5,100)
Repayments of finance leases					(700)	(300)
Net cash used in financing activities					(800)	(5,400)
Effect of exchange rate changes on cash					1,000	(4,500)
Net increase (decrease) in cash					17,100	(16,000)
Cash, beginning of period		$ 25,000		$ 47,800	25,000	47,800	47,800
Cash, end of period	$ 42,100		$ 31,800		42,100	31,800	$ 25,000
Supplemental cash flow disclosures
Cash paid during the period for interest					11,900	11,700
Cash paid during the period for income taxes					4,500	100
Cash paid during the period for operating leases					1,700	1,900
Supplemental disclosure of non-cash investing and financing activities
Lease liabilities arising from obtaining right of use assets					200
Additional paid in capital from settlement of RSUs					(200)	(200)
Property and equipment acquired through finance lease					1,200
Property and equipment transferred to inventory						$ 800

Nature of Operations, Managemen

Nature of Operations, Management’s Plans and Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2023
Accounting Policies [Abstract]
Nature of Operations, Management’s Plans and Summary of Significant Accounting Policies	1. Nature of Operations, Management’s Plans and Summary of Significant Accounting Policies Company Description and Nature of Operations We are a global gaming technology company, supplying content, platform, gaming terminals and other products and services to online and land-based regulated lottery, betting and gaming operators worldwide through a broad range of distribution channels, predominantly on a business-to-business basis. We provide end-to-end digital gaming solutions (i) on our own proprietary and secure network, which accommodates a wide range of devices, including land-based gaming machine terminals, mobile devices and online computer applications and (ii) through third party networks. Our content and other products can be found through the consumer-facing portals of our interactive customers and, through our land-based customers, in licensed betting offices, adult gaming centers, pubs, bingo halls, airports, motorway service areas and leisure parks. Management Liquidity Plans As of June 30, 2023, the Company’s cash on hand was $ 42.1 22.3 3.9 8.4 6.1 5.4 64.4 31.1 Historically, the Company has generally had positive cash flows from operating activities and has relied on a combination of cash flows provided by operations and the incurrence of debt and/or the refinancing of existing debt to fund its obligations. Cash flows provided by operations amounted to $ 37.5 15.9 Management currently believes that the Company’s cash balances on hand, cash flows expected to be generated from operations, ability to control and defer capital projects and amounts available from the Company’s external borrowings will be sufficient to fund the Company’s net cash requirements through August 2024. Basis of Presentation The accompanying unaudited interim condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information and pursuant to the instructions to Form 10-Q and Article 8 of Regulation S-X of the United States Securities and Exchange Commission (“SEC”). Certain information or footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for interim financial reporting. Accordingly, they do not include all the information and footnotes necessary for a comprehensive presentation of financial position, results of operations, or cash flows. It is management’s opinion, however, that the accompanying unaudited interim condensed consolidated financial statements include all adjustments, consisting of a normal recurring nature, which are necessary for a fair presentation of the financial position, operating results and cash flows for the periods presented. The accompanying unaudited interim condensed consolidated financial statements should be read in conjunction with the Company’s consolidated financial statements and notes thereto for the years ended December 31, 2022 and 2021. The financial information as of December 31, 2022 is derived from the audited consolidated financial statements presented in the Company’s Annual Report on Form 10-K filed with the SEC on March 16, 2023. The interim results for the six months ended June 30, 2023 are not necessarily indicative of the results to be expected for the year ending December 31, 2023 or for any future interim periods. Newly Adopted Accounting Standards On January 1, 2023, the Company adopted Topic 326 Financial Instruments – Credit Losses (“ASC 326”). ASC 326 affects loans, debt securities, trade receivables, and any other financial assets that have the contractual right to receive cash. It requires an entity to recognize expected credit losses rather than incurred losses for financial assets and requires a modified retrospective transition approach through a cumulative-effect adjustment to retained earnings as of the beginning of the period of adoption. The adoption of ASC 326 did not have a material impact. Disclosures with respect to allowances for credit losses are given in footnote 4 to these financial statements.

Revision of Previously Issued F

Revision of Previously Issued Financial Statements	6 Months Ended
	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Revision of Previously Issued Financial Statements	2. Revision of Previously Issued Financial Statements In preparation of the Quarterly Report, the Company concluded certain completed software development projects were, but should not have been, delayed in the shift from work in progress to completed projects. Consequently, the commencement of amortization for certain projects was delayed and the reported amortization was lower than the actual amortization. Whilst we do not believe that any individual prior period was materially misstated, we do believe that an out of period correction of the prior year impact in the three months ending June 30, 2023, could be viewed as such, and have therefore revised prior periods. The following tables summarize the effect of the revision to the Company’s financial statements for (i) its audited consolidated financial statements as of and for the year ended December 31, 2022, and (ii) its unaudited condensed consolidated financial statements for the quarterly period ended June 30, 2022: In millions, except per share data Summarize the effect of the restatement to the company’s financial statements Balance sheet as of December 31, 2022 (audited) As Previously Reported Adjustments As Revised Software development costs, net $ 35.8 (1.0 ) $ 34.8 Total assets 309.4 (1.0 ) 308.4 Accumulated other comprehensive income 46.3 0.1 46.4 Accumulated deficit (482.2 ) (1.1 ) (483.3 ) Total stockholders’ deficit (57.7 ) (1.0 ) (58.7 ) Total liabilities and stockholders’ deficit 309.4 (1.0 ) 308.4 Year ended December 31, 2022 (audited) As Previously Reported Adjustments As Revised Revenue $ 285.4 — $ 285.4 Cost of sales (72.0 ) — (72.0) Selling, general and administrative expenses (126.4 ) — (126.4) Depreciation and amortization (37.6 ) (1.1 ) (38.7) Net income (loss) before tax 25.5 (1.1 ) 24.4 Income tax (3.2 ) — (3.2) Net income (loss) 22.3 (1.1 ) 21.2 Net income per common share - basic 0.84 (0.04 ) 0.80 Net income per common share - diluted 0.77 (0.04 ) 0.73 Three months ended June 30, 2022 (unaudited) As Previously Reported Adjustments As Revised Revenue $ 71.3 — $ 71.3 Cost of sales (16.1 ) — (16.1 ) Selling, general and administrative expenses (31.9 ) — (31.9 ) Depreciation and amortization (9.8 ) (0.3 ) (10.1 ) Net income (loss) before tax 7.7 (0.3 ) 7.4 Income tax (0.2 ) — (0.2 ) Net income (loss) 7.5 (0.3 ) 7.2 Net income per common share - basic 0.28 (0.01 ) 0.27 Net income per common share - diluted 0.26 (0.01 ) 0.25 Six months ended June 30, 2022 (unaudited) As Previously Reported Adjustments As Revised Revenue $ 131.9 — $ 131.9 Cost of sales (30.0 ) — (30.0 ) Selling, general and administrative expenses (61.5 ) — (61.5 ) Depreciation and amortization (19.9 ) (0.6 ) (20.5 ) Net income (loss) before tax 9.3 (0.6 ) 8.7 Income tax (0.3 ) — (0.3 ) Net income (loss) 9.0 (0.6 ) 8.4 Net income per common share - basic 0.34 (0.03 ) 0.31 Net income per common share - diluted 0.31 (0.02 ) 0.29 Of the total adjustment, the split between segments was Gaming 44 %, Virtual Sports 23 %, Interactive 23 %, Leisure 4 % and Corporate 6 %.

Acquisitions and Disposals

Acquisitions and Disposals	6 Months Ended
	Jun. 30, 2023
Business Combination and Asset Acquisition [Abstract]
Acquisitions and Disposals	3. Acquisitions and Disposals In January 2022, the Company sold its Italian VLT business, including all terminal and other assets, staff costs and facilities and contracts, to a non-connected party for total proceeds of € 1.1 1.2 0.8 0.9

Allowance for Credit Losses

Allowance for Credit Losses	6 Months Ended
	Jun. 30, 2023
Receivables [Abstract]
Allowance for Credit Losses	4. Allowance for Credit Losses Changes in the allowance for doubtful accounts are as follows: Schedule of Changes in Allowance for Doubtful accounts June 30, 2023 December 31, 2022 (in millions) Beginning balance $ (1.3 ) $ (1.7 ) Additional provision for doubtful accounts (0.2 ) (0.2 ) Recoveries 0.2 — Write offs 0.4 0.4 Foreign currency translation adjustments (0.1 ) 0.2 Ending balance $ (1.0 ) $ (1.3 )

Inventory

Inventory	6 Months Ended
	Jun. 30, 2023
Inventory Disclosure [Abstract]
Inventory	5. Inventory Inventory consists of the following: Schedule of Inventory June 30, 2023 December 31, 2022 (in millions) Component parts $ 23.0 $ 21.4 Work in progress 1.8 3.6 Finished goods 23.2 6.0 Total inventories $ 48.0 $ 31.0 Component parts include parts for gaming terminals. Our finished goods inventory primarily consists of gaming terminals which are ready for sale.

Accounts Payable and Accrued Ex

Accounts Payable and Accrued Expenses	6 Months Ended
	Jun. 30, 2023
Payables and Accruals [Abstract]
Accounts Payable and Accrued Expenses	6. Accounts Payable and Accrued Expenses Accounts Payable and Accrued expenses consist of the following: Schedule of Accrued Expenses June 30, 2023 December 31, 2022 (in millions) Accounts payable $ 30.0 $ 25.7 Payroll and related costs 5.3 10.2 Cost of sales including inventory 5.9 9.1 Other 6.3 9.2 Total accounts payable and accrued expenses $ 47.5 $ 54.2

Contract Liabilities and Other

Contract Liabilities and Other Disclosures	6 Months Ended
	Jun. 30, 2023
Contract Liabilities And Other Disclosures
Contract Liabilities and Other Disclosures	7. Contract Liabilities and Other Disclosures The following table summarizes contract related balances: Schedule of Contract Related Balances Accounts Receivable Unbilled Accounts Receivable Deferred Income Customer Prepayments and Deposits (in millions) At June 30, 2023 $ 42.5 $ 17.4 $ (33.9 ) $ (2.6 ) At December 31, 2022 $ 44.6 $ 18.2 $ (8.5 ) $ (2.4 ) Revenue recognized that was included in the deferred income balance at the beginning of the period amounted to $ 2.6 4.7

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2023
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation	8. Stock-Based Compensation A summary of the Company’s Restricted Stock Unit (“RSU”) activity during the six months ended June 30, 2023 is as follows: Schedule of Restricted Stock Unit Activity Number of Shares Unvested Outstanding at January 1, 2023 1,647,544 Granted (1) 888,225 Forfeited (8,872 ) Vested (262,978 ) Unvested Outstanding at June 30, 2023 2,263,919 (1) The amount shown as granted in the table includes 219,213 0 200 438,426 250,000 125,000 100 The Company issued a total of 357,836 332,227

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss (Income)	6 Months Ended
	Jun. 30, 2023
Equity [Abstract]
Accumulated Other Comprehensive Loss (Income)	9. Accumulated Other Comprehensive Loss (Income) The accumulated balances for each classification of comprehensive loss (income) are presented below: Schedule of Accumulated Other Comprehensive Loss (Income) Foreign Currency Translation Adjustments Change in Fair Value of Hedging Instrument Unrecognized Pension Benefit Costs Accumulated Other Comprehensive (Income) (in millions) Balance at January 1, 2023 $ (79.8 ) $ 0.3 $ 33.1 $ (46.4 ) Change during the period 1.7 (0.2 ) (2.0 ) (0.5 ) Balance at March 31, 2023 (78.1 ) 0.1 31.1 (46.9 ) Change during the period 1.6 (0.1 ) 0.3 1.8 Balance at June 30, 2023 $ (76.5 ) $ — $ 31.4 $ (45.1 ) Foreign Currency Translation Adjustments Change in Fair Value of Hedging Instrument Unrecognized Pension Benefit Costs Accumulated Other Comprehensive (Income) (in millions) Balance at January 1, 2022 $ (71.5 ) $ 1.0 $ 26.7 $ (43.8 ) Change during the period (2.4 ) (0.2 ) (0.7 ) (3.3 ) Balance at March 31, 2022 (73.9 ) 0.8 26.0 (47.1 ) Change during the period (5.8 ) (0.2 ) (2.6 ) (8.6 ) Balance at June 30, 2022 $ (79.7 ) $ 0.6 $ 23.4 $ (55.7 ) In connection with the issuance of Senior Secured Notes and the entry into a Super Senior Revolving Credit Facility Agreement, on May 19, 2021, the Company terminated all of its interest rate swaps. Accordingly, hedge accounting is no longer applicable. The amounts previously recorded in Accumulated Other Comprehensive Income are amortized into Interest expense over the terms of the hedged forecasted interest payments. Losses reclassified from Accumulated Other Comprehensive Income into Interest expense in the Consolidated Statements of Operations and Income for the six months ended June 30, 2023 and June 30, 2022 amounted to $ 0.3 0.4

Net Income (Loss) per Share

Net Income (Loss) per Share	6 Months Ended
	Jun. 30, 2023
Earnings Per Share [Abstract]
Net Income (Loss) per Share	10. Net Income (Loss) per Share Basic income (loss) per share (“EPS”) is computed by dividing net income (loss) attributable to common stockholders by the weighted average number of common shares outstanding during the period, excluding the effects of any potentially dilutive securities. Diluted EPS gives effect to all dilutive potential shares of common stock outstanding during the period, including RSUs, using the treasury stock method, unless the inclusion would be anti-dilutive. The computation of diluted EPS excludes the common stock equivalents of the following potentially dilutive securities because they were either contingently issuable shares or because their inclusion would be anti-dilutive: Schedule of Anti-dilutive Securities Excluded from Computation of Earnings per Share 2023 2022 Three and Six Months Ended June 30, 2023 2022 RSUs 809,510 690,627 The following tables reconcile the numerators and denominators of the basic and diluted EPS computations: Schedule of Numerators and Denominators of the Basic and Diluted EPS Computations Three months ended June 30, 2023 Income (Numerator) (in millions) Shares (Denominator) Per-Share Amount Basic EPS Income available to common stockholders $ 4.1 26,267,215 $ 0.16 Effect of Dilutive Securities RSUs — 2,774,566 $ (0.02 ) Diluted EPS Income available to common stockholders $ 4.1 $ 29,041,781 $ 0.14 Six months ended June 30, 2023 Income (Numerator) (in millions) Shares (Denominator) Per-Share Amount Basic EPS Income available to common stockholders $ 3.9 26,211,589 $ 0.15 Effect of Dilutive Securities RSUs — 2,781,398 $ (0.02 ) Diluted EPS Income available to common stockholders $ 3.9 $ 28,992,987 $ 0.13 Three months ended June 30, 2022 Income (Numerator) (in millions) Shares (Denominator) Per-Share Amount Basic EPS Income available to common stockholders $ 7.2 26,826,014 $ 0.27 Effect of Dilutive Securities RSUs — 2,436,676 $ (0.02 ) Diluted EPS Income available to common stockholders $ 7.2 $ 29,262,690 $ 0.25 Six months ended June 30, 2022 Income (Numerator) (in millions) Shares (Denominator) Per-Share Amount Basic EPS Income available to common stockholders $ 8.4 26,838,339 $ 0.31 Effect of Dilutive Securities RSUs — 2,537,231 $ (0.02 ) Diluted EPS Income available to common stockholders $ 8.4 $ 29,375,570 $ 0.29

Other Finance Income (Expense)

Other Finance Income (Expense)	6 Months Ended
	Jun. 30, 2023
Other Income and Expenses [Abstract]
Other Finance Income (Expense)	11. Other Finance Income (Expense) Other finance income (expense) consisted of the following: Schedule of Other Finance Income (expense) 2023 2022 2023 2022 Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 (in millions) (in millions) Pension interest cost $ (0.9 ) $ (0.5 ) $ (1.7 ) $ (1.1 ) Expected return on pension plan assets 1.0 0.8 1.9 1.7 Other finance income (Costs) $ 0.1 $ 0.3 $ 0.2 $ 0.6

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2023
Income Tax Disclosure [Abstract]
Income Taxes	12. Income Taxes The effective income tax rate for the three months ended June 30, 2023 and 2022 was 21.6 3.1 1.1 0.2 23.2 3.5 1.2 0.3 The effective tax rate reported in any given year will continue to be influenced by a variety of factors including the level of pre-tax income or loss, the income mix between jurisdictions, and any discrete items that may occur. The Company recorded a valuation allowance against all of our deferred tax assets as of both June 30, 2023 and 2022. We intend to continue maintaining a full valuation allowance on our deferred tax assets until there is sufficient evidence to support the reversal of all or some portion of these allowances. However, given our current earnings and anticipated future earnings, we believe that there is a reasonable possibility that within the next six months, sufficient positive evidence may become available to allow us to reach a conclusion that a significant portion of the valuation allowance will no longer be needed. Release of the valuation allowance would result in the recognition of certain deferred tax assets and a decrease to income tax expense for the period the release is recorded. However, the exact timing and amount of the valuation allowance release are subject to change on the basis of the level of profitability that we are able to actually achieve.

Related Parties

Related Parties	6 Months Ended
	Jun. 30, 2023
Related Party Transactions [Abstract]
Related Parties	13. Related Parties Macquarie Corporate Holdings Pty Limited (UK Branch) (“Macquarie UK”), (an arranger and lending party under our RCF Agreement) is an affiliate of MIHI LLC, which owned approximately 11.5 2.8 11 0.0 0.0 0.0 0.0 On December 31, 2021, the Company entered into a consultancy agreement with Richard Weil, the brother of A. Lorne Weil, our Executive Chairman, under which he received a success fee in the amount of $ 130,000 10,000 12,500 60,000

Leases

Leases	6 Months Ended
	Jun. 30, 2023
Leases
Leases	14. Leases The Company is party to leases with third parties with respect to various gaming machines. Gaming machine leases typically include a lease (of the machine) and a non-lease (provision of software services) component, both of which are included in the amounts disclosed. The components of lease income were as follows: Schedule of Lease Income 2023 2022 2023 2022 Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 (in millions) (in millions) Operating lease income $ 2.4 2.1 $ 4.8 3.7 Profit recognized at commencement date of sales type leases — — 0.3 — Total $ 2.4 $ 2.1 $ 5.1 $ 3.7

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	15. Commitments and Contingencies Employment Agreements We are party to employment agreements with our executive officers and other employees of the Company and our subsidiaries which contain, among other terms, provisions relating to severance and notice requirements. Arrangements with Daniel B. Silvers, former Executive Vice President and Chief Strategy Officer Effective January 10, 2023, Mr. Silvers stepped down from his position as Executive Vice President and Chief Strategy Officer of the Company. Pursuant to Mr. Silvers’ employment agreement dated December 14, 2016, as amended, Mr. Silvers was entitled to receive a base salary at a rate of $ 385,000 100 200 Legal Matters From time to time, the Company may become involved in lawsuits and legal matters arising in the ordinary course of business. While the Company believes that, currently, it has no such matters that are material, there can be no assurance that existing or new matters arising in the ordinary course of business will not have a material adverse effect on the Company’s business, financial condition or results of operations.

Pension Plan

Pension Plan	6 Months Ended
	Jun. 30, 2023
Retirement Benefits [Abstract]
Pension Plan	16. Pension Plan We operate a defined contribution plan in the US, and both defined benefit and defined contribution pension schemes in the UK. The defined contribution scheme assets are held separately from those of the Company in independently administered funds. Defined Benefit Pension Scheme The defined benefit scheme has been closed to new entrants since April 1, 1999 and closed to future accruals for services rendered to the Company for the entire financial statement periods presented. The Actuarial Valuation of the scheme as at March 31, 2021, determined that the statutory funding objective was not met, i.e., there were insufficient assets to cover the scheme’s technical provisions and there was a funding shortfall. In June 2022, a recovery plan was put in place to eliminate the funding shortfall. The plan expects the shortfall to be eliminated by October 31, 2026. Deficit reduction contributions of $ 1.1 0.3 The total amount of employer contributions paid during the six months ended June 30, 2023 amounted to $ 0.7 The following table presents the components of our net periodic pension benefit cost: Schedule of Defined Benefit Plans 2023 2022 Six Months Ended June 30, 2023 2022 (in millions) Components of net periodic pension benefit cost: Interest cost $ 1.7 $ 1.1 Expected return on plan assets (1.9 ) (1.7 ) Net periodic benefit $ (0.2 ) $ (0.6 ) The following table sets forth the estimate of the combined funded status of the pension plans and their reconciliation to the related amounts recognized in our consolidated financial statements at the respective measurement dates: Schedule of Pension Plans and their Reconciliation June 30, 2023 December 31, 2022 (in millions) Change in benefit obligation: Benefit obligation at beginning of period $ 67.4 $ 114.7 Interest cost 1.7 2.1 Actuarial gain (3.3 ) (35.5 ) Benefits paid (1.5 ) (3.5 ) Foreign currency translation adjustments 3.8 (10.4 ) Benefit obligation at end of period $ 68.1 $ 67.4 Change in plan assets: Fair value of plan assets at beginning of period $ 65.3 $ 117.7 Actual loss on plan assets (0.2 ) (39.1 ) Employer contributions 0.7 1.4 Benefits paid (1.5 ) (3.5 ) Foreign currency translation adjustments 3.8 (11.2 ) Fair value of assets at end of period $ 68.1 $ 65.3 Amount recognized in the consolidated balance sheets: Overfunded (Unfunded) status (non-current) $ — $ (2.1 ) Net amount recognized $ — $ (2.1 )

Segment Reporting and Geographi

Segment Reporting and Geographic Information	6 Months Ended
	Jun. 30, 2023
Segment Reporting [Abstract]
Segment Reporting and Geographic Information	17. Segment Reporting and Geographic Information The Company operates its business along four The following tables present revenue, cost of sales, excluding depreciation and amortization, selling, general and administrative expenses, depreciation and amortization, stock-based compensation expense and acquisition related transaction expenses, operating profit/(loss) and total capital expenditures for the periods ended June 30, 2023 and June 30, 2022, respectively, by business segment. Certain unallocated corporate function costs have not been allocated to the Company’s reportable operating segments because these costs are not allocable and to do so would not be practical. Corporate function costs consist primarily of selling, general and administrative expenses, depreciation and amortization and capital expenditures. Segment Information Schedule of Segment Reporting Information by Segment Three Months Ended June 30, 2023 Gaming Virtual Sports Interactive Leisure Corporate Functions Total (in millions) Revenue: Service $ 19.8 $ 15.0 $ 7.4 $ 25.9 $ — $ 68.1 Product sales 11.7 — — 0.6 — 12.3 Total revenue 31.5 15.0 7.4 26.5 — 80.4 Cost of sales, excluding depreciation and amortization: Cost of service (5.3 ) (0.7 ) (0.9 ) (6.5 ) — (13.4 ) Cost of product sales (9.5 ) — — (0.3 ) — (9.8 ) Selling, general and administrative expenses (7.0 ) (1.2 ) (2.5 ) (13.2 ) (7.3 ) (31.2 ) Stock-based compensation expense (0.4 ) (0.2 ) (0.1 ) (0.4 ) (2.1 ) (3.2 ) Acquisition and integration related transaction expenses — — — — — — Depreciation and amortization (4.2 ) (1.0 ) (1.5 ) (3.0 ) (0.7 ) (10.4 ) Segment operating income (loss) 5.1 11.9 2.4 3.1 (10.1 ) 12.4 Net operating income $ 12.4 Total capital expenditures for the three months ended June 30, 2023 $ 3.0 $ 1.9 $ 0.9 $ 3.8 $ 1.0 $ 10.6 Three Months Ended June 30, 2022 Gaming Virtual Sports Interactive Leisure Corporate Functions Total (in millions) Revenue: Service $ 19.6 $ 14.0 $ 5.8 $ 25.4 $ — $ 64.8 Product sales 5.9 — — 0.6 — 6.5 Total revenue 25.5 14.0 5.8 26.0 — 71.3 Cost of sales, excluding depreciation and amortization: Cost of service (4.4 ) (0.6 ) (0.8 ) (5.9 ) — (11.7 ) Cost of product sales (4.0 ) — — (0.4 ) — (4.4 ) Selling, general and administrative expenses (7.7 ) (1.4 ) (1.9 ) (12.0 ) (6.3 ) (29.3 ) Stock-based compensation expense (0.3 ) (0.2 ) (0.2 ) (0.1 ) (1.8 ) (2.6 ) Acquisition and integration related transaction expenses — — — — (0.1 ) (0.1 ) Depreciation and amortization (4.5 ) (0.7 ) (0.7 ) (3.5 ) (0.7 ) (10.1 ) Segment operating income (loss) 4.6 11.1 2.2 4.1 (8.9 ) 13.1 Net operating income $ 13.1 Total capital expenditures for the three months ended June 30, 2022 $ 5.8 $ 1.3 $ 1.3 $ 2.0 $ 0.7 $ 11.1 Six Months Ended June 30, 2023 Gaming Virtual Sports Interactive Leisure Corporate Functions Total (in millions) Revenue: Service $ 40.0 $ 29.9 $ 14.0 $ 42.5 $ — $ 126.4 Product sales 18.9 — — 1.1 — 20.0 Total revenue 58.9 29.9 14.0 43.6 — 146.4 Cost of sales, excluding depreciation and amortization: Cost of service (10.5 ) (1.4 ) (1.8 ) (10.6 ) — (24.3 ) Cost of product sales (14.9 ) — — (0.7 ) — (15.6 ) Selling, general and administrative expenses (14.3 ) (2.5 ) (4.9 ) (24.3 ) (16.6 ) (62.6 ) Stock-based compensation expense (0.7 ) (0.4 ) (0.3 ) (0.5 ) (4.2 ) (6.1 ) Acquisition and integration related transaction expenses — — — — — — Depreciation and amortization (8.0 ) (1.7 ) (2.3 ) (6.1 ) (1.2 ) (19.3 ) Segment operating income (loss) 10.5 23.9 4.7 1.4 (22.0 ) 18.5 Net operating income $ 18.5 Total capital expenditures for the six months ended June 30, 2023 $ $ 3.0 $ $ 9.0 $ $ 22.2 Six Months Ended June 30, 2022 Gaming Virtual Sports Interactive Leisure Corporate Functions Total (in millions) Revenue: Service $ 40.7 $ 25.6 $ 11.1 $ 44.4 $ — $ 121.8 Product sales 8.9 — — 1.2 — 10.1 Total revenue 49.6 25.6 11.1 45.6 — 131.9 Cost of sales, excluding depreciation and amortization: Cost of service (9.1 ) (1.2 ) (1.8 ) (11.4 ) — (23.5 ) Cost of product sales (5.8 ) — — (0.7 ) — (6.5 ) Selling, general and administrative expenses (14.5 ) (3.0 ) (3.3 ) (23.3 ) (12.0 ) (56.1 ) Stock-based compensation expense (0.6 ) (0.3 ) (0.3 ) (0.3 ) (3.9 ) (5.4 ) Acquisition and integration related transaction expenses (0.1 ) — — — (0.1 ) (0.2 ) Depreciation and amortization (9.2 ) (1.4 ) (1.5 ) (7.2 ) (1.2 ) (20.5 ) Segment operating income (loss) 10.3 19.7 4.2 2.7 (17.2 ) 19.7 Net operating income $ 19.7 Total capital expenditures for the six months ended June 30, 2022 $ 9.2 $ 2.2 $ 2.5 $ 6.0 $ 1.9 $ 21.8 Geographic Information Geographic information for revenue is set forth below: Schedule of Geographic Information 2023 2022 2023 2022 Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 (in millions) (in millions) Total revenue UK $ 62.3 $ 55.8 $ 111.7 $ 101.4 Greece 5.4 5.5 11.0 11.2 Rest of world 12.7 10.0 23.7 19.3 Total $ 80.4 $ 71.3 $ 146.4 $ 131.9 Total revenue $ 80.4 $ 71.3 $ 146.4 $ 131.9 UK revenue includes revenue from customers headquartered in the UK, but whose revenue is generated globally. Geographic information of our non-current assets excluding goodwill is set forth below: June 30, 2023 December 31, 2022 (in millions) UK $ 86.1 $ 82.5 Greece 5.4 6.6 Rest of world 22.2 16.8 Total $ 113.7 $ 105.9 Software development costs are included as attributable to the market in which they are utilized. Non-current assets above include Property and equipment, net, Software development costs, net, Other acquired intangible assets subject to amortization, net, Operating lease right of use asset and Other assets.

Customer Concentration

Customer Concentration	6 Months Ended
	Jun. 30, 2023
Risks and Uncertainties [Abstract]
Customer Concentration	18. Customer Concentration During the three months ended June 30, 2023, one customer represented at least 10% of the Company’s revenues, accounting for 12 13 During the six months ended June 30, 2023, one customer represented at least 10% of the Company’s revenues, accounting for 14 13 At June 30, 2023 no customers represented at least 10 24

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2023
Subsequent Events [Abstract]
Subsequent Events	19. Subsequent Events The Company evaluates subsequent events and transactions that occur after the balance sheet date up to the date that the financial statements were issued. Based upon this review, the Company did not identify subsequent events that would have required adjustment or disclosure in the consolidated financial statements.

Nature of Operations, Managem_2

Nature of Operations, Management’s Plans and Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2023
Accounting Policies [Abstract]
Company Description and Nature of Operations	Company Description and Nature of Operations We are a global gaming technology company, supplying content, platform, gaming terminals and other products and services to online and land-based regulated lottery, betting and gaming operators worldwide through a broad range of distribution channels, predominantly on a business-to-business basis. We provide end-to-end digital gaming solutions (i) on our own proprietary and secure network, which accommodates a wide range of devices, including land-based gaming machine terminals, mobile devices and online computer applications and (ii) through third party networks. Our content and other products can be found through the consumer-facing portals of our interactive customers and, through our land-based customers, in licensed betting offices, adult gaming centers, pubs, bingo halls, airports, motorway service areas and leisure parks.
Management Liquidity Plans	Management Liquidity Plans As of June 30, 2023, the Company’s cash on hand was $ 42.1 22.3 3.9 8.4 6.1 5.4 64.4 31.1 Historically, the Company has generally had positive cash flows from operating activities and has relied on a combination of cash flows provided by operations and the incurrence of debt and/or the refinancing of existing debt to fund its obligations. Cash flows provided by operations amounted to $ 37.5 15.9 Management currently believes that the Company’s cash balances on hand, cash flows expected to be generated from operations, ability to control and defer capital projects and amounts available from the Company’s external borrowings will be sufficient to fund the Company’s net cash requirements through August 2024.
Basis of Presentation	Basis of Presentation The accompanying unaudited interim condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information and pursuant to the instructions to Form 10-Q and Article 8 of Regulation S-X of the United States Securities and Exchange Commission (“SEC”). Certain information or footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for interim financial reporting. Accordingly, they do not include all the information and footnotes necessary for a comprehensive presentation of financial position, results of operations, or cash flows. It is management’s opinion, however, that the accompanying unaudited interim condensed consolidated financial statements include all adjustments, consisting of a normal recurring nature, which are necessary for a fair presentation of the financial position, operating results and cash flows for the periods presented. The accompanying unaudited interim condensed consolidated financial statements should be read in conjunction with the Company’s consolidated financial statements and notes thereto for the years ended December 31, 2022 and 2021. The financial information as of December 31, 2022 is derived from the audited consolidated financial statements presented in the Company’s Annual Report on Form 10-K filed with the SEC on March 16, 2023. The interim results for the six months ended June 30, 2023 are not necessarily indicative of the results to be expected for the year ending December 31, 2023 or for any future interim periods.
Newly Adopted Accounting Standards	Newly Adopted Accounting Standards On January 1, 2023, the Company adopted Topic 326 Financial Instruments – Credit Losses (“ASC 326”). ASC 326 affects loans, debt securities, trade receivables, and any other financial assets that have the contractual right to receive cash. It requires an entity to recognize expected credit losses rather than incurred losses for financial assets and requires a modified retrospective transition approach through a cumulative-effect adjustment to retained earnings as of the beginning of the period of adoption. The adoption of ASC 326 did not have a material impact. Disclosures with respect to allowances for credit losses are given in footnote 4 to these financial statements.

Revision of Previously Issued_2

Revision of Previously Issued Financial Statements (Tables)	6 Months Ended
	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Summarize the effect of the restatement to the company’s financial statements	Summarize the effect of the restatement to the company’s financial statements Balance sheet as of December 31, 2022 (audited) As Previously Reported Adjustments As Revised Software development costs, net $ 35.8 (1.0 ) $ 34.8 Total assets 309.4 (1.0 ) 308.4 Accumulated other comprehensive income 46.3 0.1 46.4 Accumulated deficit (482.2 ) (1.1 ) (483.3 ) Total stockholders’ deficit (57.7 ) (1.0 ) (58.7 ) Total liabilities and stockholders’ deficit 309.4 (1.0 ) 308.4 Year ended December 31, 2022 (audited) As Previously Reported Adjustments As Revised Revenue $ 285.4 — $ 285.4 Cost of sales (72.0 ) — (72.0) Selling, general and administrative expenses (126.4 ) — (126.4) Depreciation and amortization (37.6 ) (1.1 ) (38.7) Net income (loss) before tax 25.5 (1.1 ) 24.4 Income tax (3.2 ) — (3.2) Net income (loss) 22.3 (1.1 ) 21.2 Net income per common share - basic 0.84 (0.04 ) 0.80 Net income per common share - diluted 0.77 (0.04 ) 0.73 Three months ended June 30, 2022 (unaudited) As Previously Reported Adjustments As Revised Revenue $ 71.3 — $ 71.3 Cost of sales (16.1 ) — (16.1 ) Selling, general and administrative expenses (31.9 ) — (31.9 ) Depreciation and amortization (9.8 ) (0.3 ) (10.1 ) Net income (loss) before tax 7.7 (0.3 ) 7.4 Income tax (0.2 ) — (0.2 ) Net income (loss) 7.5 (0.3 ) 7.2 Net income per common share - basic 0.28 (0.01 ) 0.27 Net income per common share - diluted 0.26 (0.01 ) 0.25 Six months ended June 30, 2022 (unaudited) As Previously Reported Adjustments As Revised Revenue $ 131.9 — $ 131.9 Cost of sales (30.0 ) — (30.0 ) Selling, general and administrative expenses (61.5 ) — (61.5 ) Depreciation and amortization (19.9 ) (0.6 ) (20.5 ) Net income (loss) before tax 9.3 (0.6 ) 8.7 Income tax (0.3 ) — (0.3 ) Net income (loss) 9.0 (0.6 ) 8.4 Net income per common share - basic 0.34 (0.03 ) 0.31 Net income per common share - diluted 0.31 (0.02 ) 0.29

Allowance for Credit Losses (Ta

Allowance for Credit Losses (Tables)	6 Months Ended
	Jun. 30, 2023
Receivables [Abstract]
Schedule of Changes in Allowance for Doubtful accounts	Changes in the allowance for doubtful accounts are as follows: Schedule of Changes in Allowance for Doubtful accounts June 30, 2023 December 31, 2022 (in millions) Beginning balance $ (1.3 ) $ (1.7 ) Additional provision for doubtful accounts (0.2 ) (0.2 ) Recoveries 0.2 — Write offs 0.4 0.4 Foreign currency translation adjustments (0.1 ) 0.2 Ending balance $ (1.0 ) $ (1.3 )

Inventory (Tables)

Inventory (Tables)	6 Months Ended
	Jun. 30, 2023
Inventory Disclosure [Abstract]
Schedule of Inventory	Inventory consists of the following: Schedule of Inventory June 30, 2023 December 31, 2022 (in millions) Component parts $ 23.0 $ 21.4 Work in progress 1.8 3.6 Finished goods 23.2 6.0 Total inventories $ 48.0 $ 31.0

Accounts Payable and Accrued _2

Accounts Payable and Accrued Expenses (Tables)	6 Months Ended
	Jun. 30, 2023
Payables and Accruals [Abstract]
Schedule of Accrued Expenses	Accounts Payable and Accrued expenses consist of the following: Schedule of Accrued Expenses June 30, 2023 December 31, 2022 (in millions) Accounts payable $ 30.0 $ 25.7 Payroll and related costs 5.3 10.2 Cost of sales including inventory 5.9 9.1 Other 6.3 9.2 Total accounts payable and accrued expenses $ 47.5 $ 54.2

Contract Liabilities and Othe_2

Contract Liabilities and Other Disclosures (Tables)	6 Months Ended
	Jun. 30, 2023
Contract Liabilities And Other Disclosures
Schedule of Contract Related Balances	The following table summarizes contract related balances: Schedule of Contract Related Balances Accounts Receivable Unbilled Accounts Receivable Deferred Income Customer Prepayments and Deposits (in millions) At June 30, 2023 $ 42.5 $ 17.4 $ (33.9 ) $ (2.6 ) At December 31, 2022 $ 44.6 $ 18.2 $ (8.5 ) $ (2.4 )

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2023
Share-Based Payment Arrangement [Abstract]
Schedule of Restricted Stock Unit Activity	A summary of the Company’s Restricted Stock Unit (“RSU”) activity during the six months ended June 30, 2023 is as follows: Schedule of Restricted Stock Unit Activity Number of Shares Unvested Outstanding at January 1, 2023 1,647,544 Granted (1) 888,225 Forfeited (8,872 ) Vested (262,978 ) Unvested Outstanding at June 30, 2023 2,263,919 (1) The amount shown as granted in the table includes 219,213 0 200 438,426 250,000 125,000 100

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Income) (Tables)	6 Months Ended
	Jun. 30, 2023
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Loss (Income)	The accumulated balances for each classification of comprehensive loss (income) are presented below: Schedule of Accumulated Other Comprehensive Loss (Income) Foreign Currency Translation Adjustments Change in Fair Value of Hedging Instrument Unrecognized Pension Benefit Costs Accumulated Other Comprehensive (Income) (in millions) Balance at January 1, 2023 $ (79.8 ) $ 0.3 $ 33.1 $ (46.4 ) Change during the period 1.7 (0.2 ) (2.0 ) (0.5 ) Balance at March 31, 2023 (78.1 ) 0.1 31.1 (46.9 ) Change during the period 1.6 (0.1 ) 0.3 1.8 Balance at June 30, 2023 $ (76.5 ) $ — $ 31.4 $ (45.1 ) Foreign Currency Translation Adjustments Change in Fair Value of Hedging Instrument Unrecognized Pension Benefit Costs Accumulated Other Comprehensive (Income) (in millions) Balance at January 1, 2022 $ (71.5 ) $ 1.0 $ 26.7 $ (43.8 ) Change during the period (2.4 ) (0.2 ) (0.7 ) (3.3 ) Balance at March 31, 2022 (73.9 ) 0.8 26.0 (47.1 ) Change during the period (5.8 ) (0.2 ) (2.6 ) (8.6 ) Balance at June 30, 2022 $ (79.7 ) $ 0.6 $ 23.4 $ (55.7 ) In connection with the issuance of Senior Secured Notes and the entry into a Super Senior Revolving Credit Facility Agreement, on May 19, 2021, the Company terminated all of its interest rate swaps. Accordingly, hedge accounting is no longer applicable. The amounts previously recorded in Accumulated Other Comprehensive Income are amortized into Interest expense over the terms of the hedged forecasted interest payments. Losses reclassified from Accumulated Other Comprehensive Income into Interest expense in the Consolidated Statements of Operations and Income for the six months ended June 30, 2023 and June 30, 2022 amounted to $ 0.3 0.4

Net Income (Loss) per Share (Ta

Net Income (Loss) per Share (Tables)	6 Months Ended
	Jun. 30, 2023
Earnings Per Share [Abstract]
Schedule of Numerators and Denominators of the Basic and Diluted EPS Computations	The computation of diluted EPS excludes the common stock equivalents of the following potentially dilutive securities because they were either contingently issuable shares or because their inclusion would be anti-dilutive: Schedule of Anti-dilutive Securities Excluded from Computation of Earnings per Share 2023 2022 Three and Six Months Ended June 30, 2023 2022 RSUs 809,510 690,627 The following tables reconcile the numerators and denominators of the basic and diluted EPS computations: Schedule of Numerators and Denominators of the Basic and Diluted EPS Computations Three months ended June 30, 2023 Income (Numerator) (in millions) Shares (Denominator) Per-Share Amount Basic EPS Income available to common stockholders $ 4.1 26,267,215 $ 0.16 Effect of Dilutive Securities RSUs — 2,774,566 $ (0.02 ) Diluted EPS Income available to common stockholders $ 4.1 $ 29,041,781 $ 0.14 Six months ended June 30, 2023 Income (Numerator) (in millions) Shares (Denominator) Per-Share Amount Basic EPS Income available to common stockholders $ 3.9 26,211,589 $ 0.15 Effect of Dilutive Securities RSUs — 2,781,398 $ (0.02 ) Diluted EPS Income available to common stockholders $ 3.9 $ 28,992,987 $ 0.13 Three months ended June 30, 2022 Income (Numerator) (in millions) Shares (Denominator) Per-Share Amount Basic EPS Income available to common stockholders $ 7.2 26,826,014 $ 0.27 Effect of Dilutive Securities RSUs — 2,436,676 $ (0.02 ) Diluted EPS Income available to common stockholders $ 7.2 $ 29,262,690 $ 0.25 Six months ended June 30, 2022 Income (Numerator) (in millions) Shares (Denominator) Per-Share Amount Basic EPS Income available to common stockholders $ 8.4 26,838,339 $ 0.31 Effect of Dilutive Securities RSUs — 2,537,231 $ (0.02 ) Diluted EPS Income available to common stockholders $ 8.4 $ 29,375,570 $ 0.29
Schedule of Numerators and Denominators of the Basic and Diluted EPS Computations	The following tables reconcile the numerators and denominators of the basic and diluted EPS computations: Schedule of Numerators and Denominators of the Basic and Diluted EPS Computations Three months ended June 30, 2023 Income (Numerator) (in millions) Shares (Denominator) Per-Share Amount Basic EPS Income available to common stockholders $ 4.1 26,267,215 $ 0.16 Effect of Dilutive Securities RSUs — 2,774,566 $ (0.02 ) Diluted EPS Income available to common stockholders $ 4.1 $ 29,041,781 $ 0.14 Six months ended June 30, 2023 Income (Numerator) (in millions) Shares (Denominator) Per-Share Amount Basic EPS Income available to common stockholders $ 3.9 26,211,589 $ 0.15 Effect of Dilutive Securities RSUs — 2,781,398 $ (0.02 ) Diluted EPS Income available to common stockholders $ 3.9 $ 28,992,987 $ 0.13 Three months ended June 30, 2022 Income (Numerator) (in millions) Shares (Denominator) Per-Share Amount Basic EPS Income available to common stockholders $ 7.2 26,826,014 $ 0.27 Effect of Dilutive Securities RSUs — 2,436,676 $ (0.02 ) Diluted EPS Income available to common stockholders $ 7.2 $ 29,262,690 $ 0.25 Six months ended June 30, 2022 Income (Numerator) (in millions) Shares (Denominator) Per-Share Amount Basic EPS Income available to common stockholders $ 8.4 26,838,339 $ 0.31 Effect of Dilutive Securities RSUs — 2,537,231 $ (0.02 ) Diluted EPS Income available to common stockholders $ 8.4 $ 29,375,570 $ 0.29

Other Finance Income (Expense)

Other Finance Income (Expense) (Tables)	6 Months Ended
	Jun. 30, 2023
Other Income and Expenses [Abstract]
Schedule of Other Finance Income (expense)	Other finance income (expense) consisted of the following: Schedule of Other Finance Income (expense) 2023 2022 2023 2022 Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 (in millions) (in millions) Pension interest cost $ (0.9 ) $ (0.5 ) $ (1.7 ) $ (1.1 ) Expected return on pension plan assets 1.0 0.8 1.9 1.7 Other finance income (Costs) $ 0.1 $ 0.3 $ 0.2 $ 0.6

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2023
Leases
Schedule of Lease Income	The components of lease income were as follows: Schedule of Lease Income 2023 2022 2023 2022 Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 (in millions) (in millions) Operating lease income $ 2.4 2.1 $ 4.8 3.7 Profit recognized at commencement date of sales type leases — — 0.3 — Total $ 2.4 $ 2.1 $ 5.1 $ 3.7

Pension Plan (Tables)

Pension Plan (Tables)	6 Months Ended
	Jun. 30, 2023
Retirement Benefits [Abstract]
Schedule of Defined Benefit Plans	The following table presents the components of our net periodic pension benefit cost: Schedule of Defined Benefit Plans 2023 2022 Six Months Ended June 30, 2023 2022 (in millions) Components of net periodic pension benefit cost: Interest cost $ 1.7 $ 1.1 Expected return on plan assets (1.9 ) (1.7 ) Net periodic benefit $ (0.2 ) $ (0.6 )
Schedule of Pension Plans and their Reconciliation	The following table sets forth the estimate of the combined funded status of the pension plans and their reconciliation to the related amounts recognized in our consolidated financial statements at the respective measurement dates: Schedule of Pension Plans and their Reconciliation June 30, 2023 December 31, 2022 (in millions) Change in benefit obligation: Benefit obligation at beginning of period $ 67.4 $ 114.7 Interest cost 1.7 2.1 Actuarial gain (3.3 ) (35.5 ) Benefits paid (1.5 ) (3.5 ) Foreign currency translation adjustments 3.8 (10.4 ) Benefit obligation at end of period $ 68.1 $ 67.4 Change in plan assets: Fair value of plan assets at beginning of period $ 65.3 $ 117.7 Actual loss on plan assets (0.2 ) (39.1 ) Employer contributions 0.7 1.4 Benefits paid (1.5 ) (3.5 ) Foreign currency translation adjustments 3.8 (11.2 ) Fair value of assets at end of period $ 68.1 $ 65.3 Amount recognized in the consolidated balance sheets: Overfunded (Unfunded) status (non-current) $ — $ (2.1 ) Net amount recognized $ — $ (2.1 )

Segment Reporting and Geograp_2

Segment Reporting and Geographic Information (Tables)	6 Months Ended
	Jun. 30, 2023
Segment Reporting [Abstract]
Schedule of Segment Reporting Information by Segment	Segment Information Schedule of Segment Reporting Information by Segment Three Months Ended June 30, 2023 Gaming Virtual Sports Interactive Leisure Corporate Functions Total (in millions) Revenue: Service $ 19.8 $ 15.0 $ 7.4 $ 25.9 $ — $ 68.1 Product sales 11.7 — — 0.6 — 12.3 Total revenue 31.5 15.0 7.4 26.5 — 80.4 Cost of sales, excluding depreciation and amortization: Cost of service (5.3 ) (0.7 ) (0.9 ) (6.5 ) — (13.4 ) Cost of product sales (9.5 ) — — (0.3 ) — (9.8 ) Selling, general and administrative expenses (7.0 ) (1.2 ) (2.5 ) (13.2 ) (7.3 ) (31.2 ) Stock-based compensation expense (0.4 ) (0.2 ) (0.1 ) (0.4 ) (2.1 ) (3.2 ) Acquisition and integration related transaction expenses — — — — — — Depreciation and amortization (4.2 ) (1.0 ) (1.5 ) (3.0 ) (0.7 ) (10.4 ) Segment operating income (loss) 5.1 11.9 2.4 3.1 (10.1 ) 12.4 Net operating income $ 12.4 Total capital expenditures for the three months ended June 30, 2023 $ 3.0 $ 1.9 $ 0.9 $ 3.8 $ 1.0 $ 10.6 Three Months Ended June 30, 2022 Gaming Virtual Sports Interactive Leisure Corporate Functions Total (in millions) Revenue: Service $ 19.6 $ 14.0 $ 5.8 $ 25.4 $ — $ 64.8 Product sales 5.9 — — 0.6 — 6.5 Total revenue 25.5 14.0 5.8 26.0 — 71.3 Cost of sales, excluding depreciation and amortization: Cost of service (4.4 ) (0.6 ) (0.8 ) (5.9 ) — (11.7 ) Cost of product sales (4.0 ) — — (0.4 ) — (4.4 ) Selling, general and administrative expenses (7.7 ) (1.4 ) (1.9 ) (12.0 ) (6.3 ) (29.3 ) Stock-based compensation expense (0.3 ) (0.2 ) (0.2 ) (0.1 ) (1.8 ) (2.6 ) Acquisition and integration related transaction expenses — — — — (0.1 ) (0.1 ) Depreciation and amortization (4.5 ) (0.7 ) (0.7 ) (3.5 ) (0.7 ) (10.1 ) Segment operating income (loss) 4.6 11.1 2.2 4.1 (8.9 ) 13.1 Net operating income $ 13.1 Total capital expenditures for the three months ended June 30, 2022 $ 5.8 $ 1.3 $ 1.3 $ 2.0 $ 0.7 $ 11.1 Six Months Ended June 30, 2023 Gaming Virtual Sports Interactive Leisure Corporate Functions Total (in millions) Revenue: Service $ 40.0 $ 29.9 $ 14.0 $ 42.5 $ — $ 126.4 Product sales 18.9 — — 1.1 — 20.0 Total revenue 58.9 29.9 14.0 43.6 — 146.4 Cost of sales, excluding depreciation and amortization: Cost of service (10.5 ) (1.4 ) (1.8 ) (10.6 ) — (24.3 ) Cost of product sales (14.9 ) — — (0.7 ) — (15.6 ) Selling, general and administrative expenses (14.3 ) (2.5 ) (4.9 ) (24.3 ) (16.6 ) (62.6 ) Stock-based compensation expense (0.7 ) (0.4 ) (0.3 ) (0.5 ) (4.2 ) (6.1 ) Acquisition and integration related transaction expenses — — — — — — Depreciation and amortization (8.0 ) (1.7 ) (2.3 ) (6.1 ) (1.2 ) (19.3 ) Segment operating income (loss) 10.5 23.9 4.7 1.4 (22.0 ) 18.5 Net operating income $ 18.5 Total capital expenditures for the six months ended June 30, 2023 $ $ 3.0 $ $ 9.0 $ $ 22.2 Six Months Ended June 30, 2022 Gaming Virtual Sports Interactive Leisure Corporate Functions Total (in millions) Revenue: Service $ 40.7 $ 25.6 $ 11.1 $ 44.4 $ — $ 121.8 Product sales 8.9 — — 1.2 — 10.1 Total revenue 49.6 25.6 11.1 45.6 — 131.9 Cost of sales, excluding depreciation and amortization: Cost of service (9.1 ) (1.2 ) (1.8 ) (11.4 ) — (23.5 ) Cost of product sales (5.8 ) — — (0.7 ) — (6.5 ) Selling, general and administrative expenses (14.5 ) (3.0 ) (3.3 ) (23.3 ) (12.0 ) (56.1 ) Stock-based compensation expense (0.6 ) (0.3 ) (0.3 ) (0.3 ) (3.9 ) (5.4 ) Acquisition and integration related transaction expenses (0.1 ) — — — (0.1 ) (0.2 ) Depreciation and amortization (9.2 ) (1.4 ) (1.5 ) (7.2 ) (1.2 ) (20.5 ) Segment operating income (loss) 10.3 19.7 4.2 2.7 (17.2 ) 19.7 Net operating income $ 19.7 Total capital expenditures for the six months ended June 30, 2022 $ 9.2 $ 2.2 $ 2.5 $ 6.0 $ 1.9 $ 21.8
Schedule of Geographic Information	Geographic information for revenue is set forth below: Schedule of Geographic Information 2023 2022 2023 2022 Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 (in millions) (in millions) Total revenue UK $ 62.3 $ 55.8 $ 111.7 $ 101.4 Greece 5.4 5.5 11.0 11.2 Rest of world 12.7 10.0 23.7 19.3 Total $ 80.4 $ 71.3 $ 146.4 $ 131.9 Total revenue $ 80.4 $ 71.3 $ 146.4 $ 131.9 Geographic information of our non-current assets excluding goodwill is set forth below: June 30, 2023 December 31, 2022 (in millions) UK $ 86.1 $ 82.5 Greece 5.4 6.6 Rest of world 22.2 16.8 Total $ 113.7 $ 105.9

Nature of Operations, Managem_3

Nature of Operations, Management’s Plans and Summary of Significant Accounting Policies (Details Narrative) - USD ($) $ in Millions	3 Months Ended				6 Months Ended		12 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Accounting Policies [Abstract]
Cash on hand	$ 42.1				$ 42.1		$ 25
Additional working capital	22.3				22.3
Net losses	4.1	$ (0.2)	$ 7.2	$ 1.2	3.9	$ 8.4	$ 21.2
Share based compensation, expense					6.1	5.4
Working capital non-cash settled item	64.4				64.4
Deferred income	$ 31.1				31.1
Cash flows provided by operations amount					$ 37.5	$ 15.9

Summarize the effect of the res

Summarize the effect of the restatement to the company’s financial statements (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended				6 Months Ended		12 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022	Dec. 31, 2021
Software development costs, net	$ 39,200				$ 39,200		$ 34,800
Total assets	353,500				353,500		308,400
Accumulated other comprehensive income	45,100	$ 46,900	$ 55,700	$ 47,100	45,100	$ 55,700	46,400	$ 43,800
Accumulated deficit	(479,500)				(479,500)		(483,300)
Total stockholders’ deficit	(50,300)	(55,400)	(57,700)	(70,800)	(50,300)	(57,700)	(58,700)	$ (78,000)
Total liabilities and stockholders’ deficit	353,500				353,500		308,400
Revenue	80,400		71,300		146,400	131,900	285,400
Cost of sales			(16,100)			(30,000)	(72,000)
Selling, general and administrative expenses	(34,400)		(31,900)		(68,700)	(61,500)	(126,400)
Depreciation and amortization	(10,400)		(10,100)		(19,300)	(20,500)	(38,700)
Net income (loss) before tax	5,200		7,400		5,100	8,700	24,400
Income tax			(200)			(300)	(3,200)
Net income	$ 4,100	$ (200)	$ 7,200	$ 1,200	$ 3,900	$ 8,400	$ 21,200
Net income per common share - basic	$ 0.16		$ 0.27		$ 0.15	$ 0.31	$ 0.80
Net income per common share - diluted	$ 0.14		$ 0.25		$ 0.13	$ 0.29	$ 0.73
Previously Reported [Member]
Software development costs, net							$ 35,800
Total assets							309,400
Accumulated other comprehensive income							46,300
Accumulated deficit							(482,200)
Total stockholders’ deficit							(57,700)
Total liabilities and stockholders’ deficit							309,400
Revenue			$ 71,300			$ 131,900	285,400
Cost of sales			(16,100)			(30,000)	(72,000)
Selling, general and administrative expenses			(31,900)			(61,500)	(126,400)
Depreciation and amortization			(9,800)			(19,900)	(37,600)
Net income (loss) before tax			7,700			9,300	25,500
Income tax			(200)			(300)	(3,200)
Net income			$ 7,500			$ 9,000	$ 22,300
Net income per common share - basic			$ 0.28			$ 0.34	$ 0.84
Net income per common share - diluted			$ 0.26			$ 0.31	$ 0.77
Revision of Prior Period, Adjustment [Member]
Software development costs, net							$ (1,000)
Total assets							(1,000)
Accumulated other comprehensive income							100
Accumulated deficit							(1,100)
Total stockholders’ deficit							(1,000)
Total liabilities and stockholders’ deficit							(1,000)
Revenue
Cost of sales
Selling, general and administrative expenses
Depreciation and amortization			(300)			(600)	(1,100)
Net income (loss) before tax			(300)			(600)	(1,100)
Income tax
Net income			$ (300)			$ (600)	$ (1,100)
Net income per common share - basic			$ (0.01)			$ (0.03)	$ (0.04)
Net income per common share - diluted			$ (0.01)			$ (0.02)	$ (0.04)

Revision of Previously Issued_3

Revision of Previously Issued Financial Statements (Details Narrative)	6 Months Ended
	Jun. 30, 2023
Gaming [Member]
Financing Receivable, Past Due [Line Items]
[custom:NetOfTotalAdjustments]	44%
Vitual Sports [Member]
Financing Receivable, Past Due [Line Items]
[custom:NetOfTotalAdjustments]	23%
Interactive [Member]
Financing Receivable, Past Due [Line Items]
[custom:NetOfTotalAdjustments]	23%
Leisure [Member]
Financing Receivable, Past Due [Line Items]
[custom:NetOfTotalAdjustments]	4%
Corporate Segment [Member]
Financing Receivable, Past Due [Line Items]
[custom:NetOfTotalAdjustments]	6%

Acquisitions and Disposals (Det

Acquisitions and Disposals (Details Narrative) - 1 months ended Jan. 31, 2022 € in Millions, $ in Millions	USD ($)	EUR (€)
Business Combination and Asset Acquisition [Abstract]
Total proceeds	$ 1.2	€ 1.1
Profit on disposal	$ 0.9	€ 0.8

Schedule of Changes in Allowanc

Schedule of Changes in Allowance for Doubtful accounts (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Receivables [Abstract]
Beginning balance	$ (1.3)	$ (1.7)
Additional provision for doubtful accounts	(0.2)	(0.2)
Recoveries	0.2
Write offs	0.4	0.4
Foreign currency translation adjustments	(0.1)	0.2
Ending balance	$ (1)	$ (1.3)

Schedule of Inventory (Details)

Schedule of Inventory (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Inventory Disclosure [Abstract]
Component parts	$ 23	$ 21.4
Work in progress	1.8	3.6
Finished goods	23.2	6
Total inventories	$ 48	$ 31

Schedule of Accrued Expenses (D

Schedule of Accrued Expenses (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Payables and Accruals [Abstract]
Accounts payable	$ 30	$ 25.7
Payroll and related costs	5.3	10.2
Cost of sales including inventory	5.9	9.1
Other	6.3	9.2
Total accounts payable and accrued expenses	$ 47.5	$ 54.2

Schedule of Contract Related Ba

Schedule of Contract Related Balances (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Contract Liabilities And Other Disclosures
Accounts receivable	$ 42.5	$ 44.6
Unbilled accounts receivable	17.4	18.2
Deferred income	(33.9)	(8.5)
Customer prepayments and deposits	$ (2.6)	$ (2.4)

Contract Liabilities and Othe_3

Contract Liabilities and Other Disclosures (Details Narrative) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Contract Liabilities And Other Disclosures
Revenue recognized in deferred income	$ 2.6	$ 4.7

Schedule of Restricted Stock Un

Schedule of Restricted Stock Unit Activity (Details) - Incentive Plan [Member] - Restricted Stock Units (RSUs) [Member]	6 Months Ended
	Jun. 30, 2023 shares
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of Shares, Unvested Outstanding	1,647,544
Number of Shares, Granted	888,225	[1]
Number of Shares, Forfeited	(8,872)
Number of Shares, Vested	(262,978)
Number of Shares, Unvested Outstanding	2,263,919
[1]The amount shown as granted in the table includes 219,213 0 200 438,426 250,000 125,000 100

Schedule of Restricted Stock _2

Schedule of Restricted Stock Unit Activity (Details) (Parenthetical)	6 Months Ended
	Jun. 30, 2023 shares
Performance Shares [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Restricted stock shares granted	219,213
Performance Shares [Member] | RSU [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Restricted stock shares granted	100%
Performance Shares [Member] | Chief Executive Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Restricted stock shares granted	250,000
Performance Shares [Member] | Minimum [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share based compensation arrangement,vesting percentage	0%
Performance Shares [Member] | Maximum [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share based compensation arrangement,vesting percentage	200%
Restricted Stock Units (RSUs) [Member] | Maximum [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Restricted stock shares granted	438,426
Restricted Stock [Member] | Chief Executive Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Restricted stock, shares	125,000

Stock-Based Compensation (Detai

Stock-Based Compensation (Details Narrative) - Restricted Stock Units (RSUs) [Member] - Share-Based Payment Arrangement, Tranche Three [Member] - shares	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 30, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based payment award, shares issued in period	357,836
Number of shares issued RUSs		332,227

Schedule of Accumulated Other C

Schedule of Accumulated Other Comprehensive Loss (Income) (Details) - USD ($) $ in Millions	3 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022
Equity [Abstract]
Foreign Currency Translation Adjustments, Balance	$ (78.1)	$ (79.8)	$ (73.9)	$ (71.5)
Change in Fair Value of Hedging Instrument, Balance	0.1	0.3	0.8	1
Unrecognized Pension Benefit Costs, Balance	31.1	33.1	26	26.7
Accumulated Other Comprehensive (Income), Balance	(46.9)	(46.4)	(47.1)	(43.8)
Foreign Currency Translation Adjustments, Balance	1.6	1.7	(5.8)	(2.4)
Change in Fair Value of Hedging Instrument, Balance	(0.1)	(0.2)	(0.2)	(0.2)
Unrecognized Pension Benefit Costs, Balance	0.3	(2)	(2.6)	(0.7)
Accumulated Other Comprehensive (Income), Balance	1.8	(0.5)	(8.6)	(3.3)
Foreign Currency Translation Adjustments, Balance	(76.5)	(78.1)	(79.7)	(73.9)
Change in Fair Value of Hedging Instrument, Balance		0.1	0.6	0.8
Unrecognized Pension Benefit Costs, Balance	31.4	31.1	23.4	26
Accumulated Other Comprehensive (Income), Balance	$ (45.1)	$ (46.9)	$ (55.7)	$ (47.1)

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss (Income) (Details Narrative) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Equity [Abstract]
Interest expenses	$ 0.3	$ 0.4

Schedule of Numerators and Deno

Schedule of Numerators and Denominators of the Basic and Diluted EPS Computations (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Net income loss basic	$ 4.1	$ 7.2	$ 3.9	$ 8.4
Weighted average, shares	26,267,215	26,826,014	26,211,589	26,838,339
Earnings per share basic	$ 0.16	$ 0.27	$ 0.15	$ 0.31	$ 0.80
Restricted stock units
Restricted stock units	2,774,566	2,436,676	2,781,398	2,537,231
RSU, per share amount	$ (0.02)	$ (0.02)	$ (0.02)	$ (0.02)
Net income loss diluted	$ 4.1	$ 7.2	$ 3.9	$ 8.4
Weighted average, shares	29,041,781	29,262,690	28,992,987	29,375,570
Earnings per share diluted	$ 0.14	$ 0.25	$ 0.13	$ 0.29	$ 0.73
Restricted Stock Units (RSUs) [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
RSUs			809,510	690,627

Schedule of Other Finance Incom

Schedule of Other Finance Income (expense) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Other Income and Expenses [Abstract]
Pension interest cost	$ (0.9)	$ (0.5)	$ (1.7)	$ (1.1)
Expected return on pension plan assets	1	0.8	1.9	1.7
Other finance income (Costs)	$ 0.1	$ 0.3	$ 0.2	$ 0.6

Income Taxes (Details Narrative

Income Taxes (Details Narrative) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Effective income tax rate	21.60%	3.10%	23.20%	3.50%
Income tax expense (benefit)	$ 1.1	$ 0.2	$ 1.2	$ 0.3

Related Parties (Details Narrat

Related Parties (Details Narrative) - USD ($)				3 Months Ended		6 Months Ended
	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2021	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
RCF Agreement [Member]
Related Party Transaction [Line Items]
Amount provied as per agreement						$ 2,800,000
Amount provied as per agreement						11%
Consultancy Agreement [Member]
Related Party Transaction [Line Items]
Consulting fees						$ 60,000	$ 60,000
Consultancy Agreement [Member] | Richard Weil [Member]
Related Party Transaction [Line Items]
Consulting fees		$ 12,500	$ 130,000
Consultancy Agreement [Member] | Richard Weil [Member] | December Thirty First Two Thousand Twenty Three [Member] | Forecast [Member]
Related Party Transaction [Line Items]
Consulting fees	$ 10,000
Macquarie Corporate Holdings Pty Limited [Member]
Related Party Transaction [Line Items]
Related party beneficially owneed		11.50%		11.50%		11.50%
Interest and debt expense				$ 0	$ 0	$ 0	$ 0

Schedule of Lease Income (Detai

Schedule of Lease Income (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Leases
Operating lease income	$ 2.4	$ 2.1	$ 4.8	$ 3.7
Profit recognized at commencement date of sales type leases			0.3
Total	$ 2.4	$ 2.1	$ 5.1	$ 3.7

Commitments and Contingencies (

Commitments and Contingencies (Details Narrative) - Amended Employment Agreement [Member] - Former Executive Vice President And Chief Strategy Officer [Member]	Jan. 10, 2023 USD ($)
Loss Contingencies [Line Items]
Salary and Wage, Officer, Excluding Cost of Good and Service Sold	$ 385,000
Minimum [Member]
Loss Contingencies [Line Items]
Target Annual Bonus Percentage	100%
Maximum [Member]
Loss Contingencies [Line Items]
Target Annual Bonus Percentage	200%

Schedule of Defined Benefit Pla

Schedule of Defined Benefit Plans (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Retirement Benefits [Abstract]
Interest cost			$ 1.7	$ 1.1
Expected return on plan assets	$ (1)	$ (0.8)	(1.9)	(1.7)
Net periodic benefit			$ (0.2)	$ (0.6)

Schedule of Pension Plans and t

Schedule of Pension Plans and their Reconciliation (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Retirement Benefits [Abstract]
Benefit obligation at beginning of period	$ 67.4	$ 114.7
Interest cost	1.7	2.1
Actuarial gain	(3.3)	(35.5)
Benefits paid	(1.5)	(3.5)
Foreign currency translation adjustments	3.8	(10.4)
Benefit obligation at end of period	68.1	67.4
Fair value of plan assets at beginning of period	65.3	117.7
Actual loss on plan assets	(0.2)	(39.1)
Employer contributions	0.7	1.4
Benefits paid	(1.5)	(3.5)
Foreign currency translation adjustments	3.8	(11.2)
Fair value of assets at end of period	68.1	65.3
Overfunded status (non-current)		(2.1)
Net amount recognized		$ (2.1)

Pension Plan (Details Narrative

Pension Plan (Details Narrative) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2023	Dec. 31, 2022
Multiemployer Plan [Line Items]
Total amount of employer contributions	$ 0.7		$ 1.4
Forecast [Member]
Multiemployer Plan [Line Items]
Contingent contributions		$ 1.1
Expense contributions		$ 0.3

Schedule of Segment Reporting I

Schedule of Segment Reporting Information by Segment (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended		12 Months Ended
		Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Segment Reporting Information [Line Items]
Total revenue		$ 80,400	$ 71,300	$ 146,400	$ 131,900	$ 285,400
Cost of service	[1]	(13,400)	(11,700)	(24,300)	(23,500)
Cost of product sales	[1]	(9,800)	(4,400)	(15,600)	(6,500)
Selling, general and administrative expenses		(31,200)	(29,300)	(62,600)	(56,100)
Stock-based compensation expense		(3,200)	(2,600)	(6,100)	(5,400)
Acquisition and integration related transaction expenses			(100)		(200)
Depreciation and amortization		(10,400)	(10,100)	(19,300)	(20,500)	$ (38,700)
Segment operating income (loss)		12,400	13,100	18,500	19,700
Net operating income		12,400	13,100	18,500	19,700
Total capital expenditures		10,600	11,100	22,200	21,800
Service [Member]
Segment Reporting Information [Line Items]
Total revenue		68,100	64,800	126,400	121,800
Product Sales [Member]
Segment Reporting Information [Line Items]
Total revenue		12,300	6,500	20,000	10,100
Gaming [Member]
Segment Reporting Information [Line Items]
Total revenue		31,500	25,500	58,900	49,600
Cost of service		(5,300)	(4,400)	(10,500)	(9,100)
Cost of product sales		(9,500)	(4,000)	(14,900)	(5,800)
Selling, general and administrative expenses		(7,000)	(7,700)	(14,300)	(14,500)
Stock-based compensation expense		(400)	(300)	(700)	(600)
Acquisition and integration related transaction expenses					(100)
Depreciation and amortization		(4,200)	(4,500)	(8,000)	(9,200)
Segment operating income (loss)		5,100	4,600	10,500	10,300
Total capital expenditures		3,000	5,800	6,300	9,200
Gaming [Member] | Service [Member]
Segment Reporting Information [Line Items]
Total revenue		19,800	19,600	40,000	40,700
Gaming [Member] | Product Sales [Member]
Segment Reporting Information [Line Items]
Total revenue		11,700	5,900	18,900	8,900
Virtual Sports [Member]
Segment Reporting Information [Line Items]
Total revenue		15,000	14,000	29,900	25,600
Cost of service		(700)	(600)	(1,400)	(1,200)
Cost of product sales
Selling, general and administrative expenses		(1,200)	(1,400)	(2,500)	(3,000)
Stock-based compensation expense		(200)	(200)	(400)	(300)
Acquisition and integration related transaction expenses
Depreciation and amortization		(1,000)	(700)	(1,700)	(1,400)
Segment operating income (loss)		11,900	11,100	23,900	19,700
Total capital expenditures		1,900	1,300	3,000	2,200
Virtual Sports [Member] | Service [Member]
Segment Reporting Information [Line Items]
Total revenue		15,000	14,000	29,900	25,600
Virtual Sports [Member] | Product Sales [Member]
Segment Reporting Information [Line Items]
Total revenue
Interactive [Member]
Segment Reporting Information [Line Items]
Total revenue		7,400	5,800	14,000	11,100
Cost of service		(900)	(800)	(1,800)	(1,800)
Cost of product sales
Selling, general and administrative expenses		(2,500)	(1,900)	(4,900)	(3,300)
Stock-based compensation expense		(100)	(200)	(300)	(300)
Acquisition and integration related transaction expenses
Depreciation and amortization		(1,500)	(700)	(2,300)	(1,500)
Segment operating income (loss)		2,400	2,200	4,700	4,200
Total capital expenditures		900	1,300	2,400	2,500
Interactive [Member] | Service [Member]
Segment Reporting Information [Line Items]
Total revenue		7,400	5,800	14,000	11,100
Interactive [Member] | Product Sales [Member]
Segment Reporting Information [Line Items]
Total revenue
Leisure [Member]
Segment Reporting Information [Line Items]
Total revenue		26,500	26,000	43,600	45,600
Cost of service		(6,500)	(5,900)	(10,600)	(11,400)
Cost of product sales		(300)	(400)	(700)	(700)
Selling, general and administrative expenses		(13,200)	(12,000)	(24,300)	(23,300)
Stock-based compensation expense		(400)	(100)	(500)	(300)
Acquisition and integration related transaction expenses
Depreciation and amortization		(3,000)	(3,500)	(6,100)	(7,200)
Segment operating income (loss)		3,100	4,100	1,400	2,700
Total capital expenditures		3,800	2,000	9,000	6,000
Leisure [Member] | Service [Member]
Segment Reporting Information [Line Items]
Total revenue		25,900	25,400	42,500	44,400
Leisure [Member] | Product Sales [Member]
Segment Reporting Information [Line Items]
Total revenue		600	600	1,100	1,200
Corporate Functions [Member]
Segment Reporting Information [Line Items]
Total revenue
Cost of service
Cost of product sales
Selling, general and administrative expenses		(7,300)	(6,300)	(16,600)	(12,000)
Stock-based compensation expense		(2,100)	(1,800)	(4,200)	(3,900)
Acquisition and integration related transaction expenses			(100)		(100)
Depreciation and amortization		(700)	(700)	(1,200)	(1,200)
Segment operating income (loss)		(10,100)	(8,900)	(22,000)	(17,200)
Total capital expenditures		1,000	700	1,500	1,900
Corporate Functions [Member] | Service [Member]
Segment Reporting Information [Line Items]
Total revenue
Corporate Functions [Member] | Product Sales [Member]
Segment Reporting Information [Line Items]
Total revenue
[1]Excluding depreciation and amortization

Schedule of Geographic Informat

Schedule of Geographic Information (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	$ 80.4	$ 71.3	$ 146.4	$ 131.9	$ 285.4
Total	113.7		113.7		105.9
UNITED KINGDOM
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	62.3	55.8	111.7	101.4
Total	86.1		86.1		82.5
GREECE
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	5.4	5.5	11	11.2
Total	5.4		5.4		6.6
Rest of World [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	12.7	$ 10	23.7	$ 19.3
Total	$ 22.2		$ 22.2		$ 16.8

Segment Reporting and Geograp_3

Segment Reporting and Geographic Information (Details Narrative)	6 Months Ended
	Jun. 30, 2023 Integer
Segment Reporting [Abstract]
Number of operating segments	4

Customer Concentration (Details

Customer Concentration (Details Narrative) - Customer Concentration Risk [Member]	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Revenue Benchmark [Member] | Customer One [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	12%	13%	14%	13%
Accounts Receivable [Member] | Customer One [Member]
Concentration Risk [Line Items]
Concentration risk, percentage					24%
Accounts Receivable [Member] | No Customer [Member]
Concentration Risk [Line Items]
Concentration risk, percentage			10%