Inspired Entertainment (INSE) 10-Q 7 Nov 24 2024 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2024	Nov. 04, 2024
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2024
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2024
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		26,578,302

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Assets
Cash	$ 35.7	$ 40
Restricted cash	0.8
Accounts receivable, net	47.2	40.6
Inventory	31.6	32.3
Prepaid expenses and other current assets	50.1	39.6
Total current assets	165.4	152.5
Property and equipment, net	64.4	62.8
Software development costs, net	24.2	21.8
Other acquired intangible assets subject to amortization, net	17.2	13.4
Goodwill	61.9	58.8
Operating lease right of use asset	18.2	14.2
Costs of obtaining and fulfilling customer contracts, net	11.7	9.4
Other assets	25.6	8
Total assets	388.6	340.9
Current liabilities
Accounts payable and accrued expenses	60.4	60.8
Corporate tax and other current taxes payable	7	6.3
Deferred revenue, current	5.6	5.6
Operating lease liabilities	5.3	4.7
Current portion of long-term debt	20.1	19.1
Current portion of finance lease liabilities	7.8	0.7
Other current liabilities	3.1	3.5
Total current liabilities	109.3	100.7
Long-term debt	312.4	295.6
Finance lease liabilities, net of current portion	16.6	1.6
Deferred revenue, net of current portion	12	7.1
Operating lease liabilities	13.4	9.8
Other long-term liabilities	3.2	4.1
Total liabilities	466.9	418.9
Stockholders’ deficit
Preferred stock; $0.0001 par value; 1,000,000 shares authorized, no shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively.
Common stock; $0.0001 par value; 49,000,000 shares authorized; 26,574,804 shares and 26,219,021 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively
Additional paid in capital	390.7	386.1
Accumulated other comprehensive income	39.9	44.5
Accumulated deficit	(508.9)	(508.6)
Total stockholders’ deficit	(78.3)	(78)
Total liabilities and stockholders’ deficit	$ 388.6	$ 340.9

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	49,000,000	49,000,000
Common stock, shares issued	26,574,804	26,219,021
Common stock, shares outstanding	26,574,804	26,219,021

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income (Unaudited) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Revenue:
Total revenue		$ 78	$ 97.5	$ 216.7	$ 241.8
Cost of sales:
Selling, general and administrative expenses		(31.4)	(26.9)	(96.4)	(82.7)
Depreciation and amortization		(11.3)	(10.3)	(31.8)	(29.8)
Net operating income		11.9	12.2	19.9	30.6
Other expense
Interest expense, net		(7.6)	(6.9)	(20.9)	(20.5)
Other finance income		0.1	0.1	0.3	0.3
Total other expense, net		(7.5)	(6.8)	(20.6)	(20.2)
Net income (loss) before income taxes		4.4	5.4	(0.7)	10.4
Income tax (expense) benefit		(1)	(2)	0.4	(2.8)
Net income (loss)		3.4	3.4	(0.3)	7.6
Other comprehensive (loss)/income:
Foreign currency translation (loss) gain		(6.3)	3.6	(5.5)	(2)
Reclassification of loss on hedging instrument to comprehensive income					0.3
Actuarial gains on pension plan		0.3	0.2	0.9	0.7
Other comprehensive (loss) income		(6)	3.8	(4.6)	(1)
Comprehensive (loss) income		$ (2.6)	$ 7.2	$ (4.9)	$ 6.6
Net income per common share – basic		$ 0.12	$ 0.12	$ (0.01)	$ 0.27
Net income per common share – diluted		$ 0.12	$ 0.12	$ (0.01)	$ 0.26
Weighted average number of shares outstanding during the period – basic		28,496,801	28,104,365	28,524,762	28,088,901
Weighted average number of shares outstanding during the period – diluted		29,188,787	29,105,267	28,524,762	29,149,285
Stock-based compensation included in:
Selling, general and administrative expenses		$ (1.8)	$ (3.3)	$ (5.7)	$ (9.3)
Service [Member]
Revenue:
Total revenue		73.8	70.7	196.7	195.7
Cost of sales:
Cost of sales	[1]	(20.7)	(21.4)	(55.6)	(56.9)
Product Sales [Member]
Revenue:
Total revenue		4.2	26.8	20	46.1
Cost of sales:
Cost of sales	[1]	$ (2.7)	$ (26.7)	$ (13)	$ (41.8)
[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, 2022		$ 378,200,000	$ 50,800,000	$ (514,600,000)	$ (85,600,000)
Balance, shares at Dec. 31, 2022	25,909,516
Foreign currency translation adjustments			(2,900,000)		(2,900,000)
Reclassification of loss on pension plan to comprehensive income			200,000		200,000
Issuances under stock plans
Issuances under stock plans, shares	353,554
Stock-based compensation expense		3,000,000			3,000,000
Net income (loss)				(1,400,000)	(1,400,000)
Reclassification of loss on hedging instrument to comprehensive income			200,000		200,000
Balance at Mar. 31, 2023		381,200,000	48,300,000	(516,000,000)	(86,500,000)
Balance, shares at Mar. 31, 2023	26,263,070
Balance at Dec. 31, 2022		378,200,000	50,800,000	(514,600,000)	(85,600,000)
Balance, shares at Dec. 31, 2022	25,909,516
Foreign currency translation adjustments					(2,000,000)
Net income (loss)					7,600,000
Balance at Sep. 30, 2023		386,300,000	49,800,000	(508,600,000)	(72,500,000)
Balance, shares at Sep. 30, 2023	26,214,739
Balance at Mar. 31, 2023		381,200,000	48,300,000	(516,000,000)	(86,500,000)
Balance, shares at Mar. 31, 2023	26,263,070
Foreign currency translation adjustments			(2,700,000)		(2,700,000)
Reclassification of loss on pension plan to comprehensive income			300,000		300,000
Issuances under stock plans		(200,000)			(200,000)
Issuances under stock plans, shares	4,282
Stock-based compensation expense		3,100,000			3,100,000
Net income (loss)				5,600,000	5,600,000
Reclassification of loss on hedging instrument to comprehensive income			100,000		100,000
Repurchase of common stock				(100,000)	(100,000)
Repurchase of common stock, shares	(3,931)
Balance at Jun. 30, 2023		384,100,000	46,000,000	(510,500,000)	(80,400,000)
Balance, shares at Jun. 30, 2023	26,263,421
Foreign currency translation adjustments			3,600,000		3,600,000
Reclassification of loss on pension plan to comprehensive income			200,000		200,000
Issuances under stock plans		(1,100,000)			(1,100,000)
Issuances under stock plans, shares	73,165
Stock-based compensation expense		3,300,000			3,300,000
Net income (loss)				3,400,000	3,400,000
Repurchase of common stock				(1,500,000)	(1,500,000)
Repurchase of common stock, shares	(121,847)
Balance at Sep. 30, 2023		386,300,000	49,800,000	(508,600,000)	(72,500,000)
Balance, shares at Sep. 30, 2023	26,214,739
Balance at Dec. 31, 2023		386,100,000	44,500,000	(508,600,000)	(78,000,000)
Balance, shares at Dec. 31, 2023	26,219,021
Foreign currency translation adjustments			1,000,000		1,000,000
Reclassification of loss on pension plan to comprehensive income			300,000		300,000
Issuances under stock plans		(800,000)			(800,000)
Issuances under stock plans, shares	340,735
Stock-based compensation expense		2,000,000			2,000,000
Net income (loss)				(5,700,000)	(5,700,000)
Balance at Mar. 31, 2024		387,300,000	45,800,000	(514,300,000)	(81,200,000)
Balance, shares at Mar. 31, 2024	26,559,756
Balance at Dec. 31, 2023		386,100,000	44,500,000	(508,600,000)	(78,000,000)
Balance, shares at Dec. 31, 2023	26,219,021
Foreign currency translation adjustments					(5,500,000)
Net income (loss)					(300,000)
Balance at Sep. 30, 2024		390,700,000	39,900,000	(508,900,000)	(78,300,000)
Balance, shares at Sep. 30, 2024	26,574,804
Balance at Mar. 31, 2024		387,300,000	45,800,000	(514,300,000)	(81,200,000)
Balance, shares at Mar. 31, 2024	26,559,756
Foreign currency translation adjustments			(200,000)		(200,000)
Reclassification of loss on pension plan to comprehensive income			300,000		300,000
Issuances under stock plans
Issuances under stock plans, shares	11,552
Stock-based compensation expense		1,700,000			1,700,000
Net income (loss)				2,000,000	2,000,000
Balance at Jun. 30, 2024		389,000,000	45,900,000	(512,300,000)	(77,400,000)
Balance, shares at Jun. 30, 2024	26,571,308
Foreign currency translation adjustments			(6,300,000)		(6,300,000)
Reclassification of loss on pension plan to comprehensive income			300,000		300,000
Issuances under stock plans
Issuances under stock plans, shares	3,496
Stock-based compensation expense		1,700,000			1,700,000
Net income (loss)				3,400,000	3,400,000
Balance at Sep. 30, 2024		$ 390,700,000	$ 39,900,000	$ (508,900,000)	$ (78,300,000)
Balance, shares at Sep. 30, 2024	26,574,804

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash flows from operating activities:
Net (loss) income	$ (0.3)	$ 7.6
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	31.8	29.8
Amortization of right of use asset	3.3	2.8
Stock-based compensation expense	5.7	9.3
Reclassification of loss on hedging instrument to comprehensive income		0.5
Non-cash interest expense relating to senior debt	0.7	1
Changes in assets and liabilities:
Accounts receivable	(4.4)	11.7
Inventory	2.3	(9.4)
Prepaid expenses and other assets	(3)	(5)
Corporate tax and other current taxes payable	(4)	(9.6)
Accounts payable and accrued expenses	(7.9)	4.6
Deferred revenue and customer prepayment	3.9	2.9
Operating lease liabilities	(3.1)	(2.8)
Other long-term liabilities	(0.2)	(0.4)
Net cash provided by operating activities	24.8	43
Cash flows from investing activities:
Purchases of property and equipment	(11.7)	(20.1)
Acquisition of third-party company trade and assets		(0.6)
Purchases of capital software and internally developed costs	(9.2)	(11)
Contract cost expense	(8.6)	(7.7)
Net cash used in investing activities	(29.5)	(39.4)
Cash flows from financing activities:
Repurchase of common stock		(1.6)
Repayments of finance leases	(0.4)	(1)
Net cash used in financing activities	(0.4)	(2.6)
Effect of exchange rate changes on cash	1.6	0.4
Net (decrease) increase in cash	(3.5)	1.4
Cash, beginning of period	40	25
Total cash and restricted cash, end of period	36.5	26.4
Components of cash and restricted cash
Cash	35.7	26.4
Restricted cash	0.8
Supplemental cash flow disclosures
Cash paid during the period for interest	12.8	12.1
Cash paid during the period for income taxes	2.5	4.8
Cash paid during the period for operating leases	7.2	4.9
Supplemental disclosure of non-cash investing and financing activities
Lease liabilities arising from obtaining right of use assets	(6.4)	(0.4)
Property and equipment acquired through finance lease	21.9	1.2
Additional paid in capital from net settlement of RSUs	$ (0.8)	$ (1.3)

Nature of Operations, Managemen

Nature of Operations, Management’s Plans and Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Nature of Operations, Management’s Plans and Summary of Significant Accounting Policies	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 September 30, 2024, the Company’s cash on hand, excluding restricted cash, was $ 35.7 20.4 0.3 7.6 5.7 9.3 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 $ 24.8 43.0 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 November 2025. 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, 2023 and 2022. The financial information as of December 31, 2023 is derived from the audited consolidated financial statements presented in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 filed with the SEC on April 15, 2024. The financial information for the three and nine months ended September 30, 2023 is derived from the unaudited consolidated financial statements presented in the Company’s Quarterly Report on Form 10-Q for the three and nine months ended September 30, 2023 filed with the SEC on February 27, 2024. The interim results for the three and nine months ended September 30, 2024 are not necessarily indicative of the results to be expected for the year ending December 31, 2024 or for any future interim or annual periods.

Allowance for Credit Losses

Allowance for Credit Losses	9 Months Ended
	Sep. 30, 2024
Receivables [Abstract]
Allowance for Credit Losses	2. Allowance for Credit Losses Changes in the allowance for credit losses are as follows: Schedule of Changes in Allowance for Credit Losses September 30, 2024 December 31, 2023 (in millions) Beginning balance $ (1.1 ) $ (1.4 ) Additional allowance for credit losses — (0.2 ) Recoveries — 0.2 Write offs — 0.4 Foreign currency translation adjustments (0.1 ) (0.1 ) Ending balance $ (1.2 ) $ (1.1 )

Inventory

Inventory	9 Months Ended
	Sep. 30, 2024
Inventory Disclosure [Abstract]
Inventory	3. Inventory Inventory consists of the following: Schedule of Inventory September 30, 2024 December 31, 2023 (in millions) Component parts $ 19.8 $ 23.3 Work in progress 1.4 0.4 Finished goods 10.4 8.6 Total inventories $ 31.6 $ 32.3 Component parts include parts for gaming terminals. Our finished goods inventory primarily consists of gaming terminals which are ready for sale.

Prepaid Expenses and Other Asse

Prepaid Expenses and Other Assets	9 Months Ended
	Sep. 30, 2024
Prepaid Expenses And Other Assets
Prepaid Expenses and Other Assets	4. Prepaid Expenses and Other Assets Prepaid expenses and other assets consist of the following: Schedule of Prepaid Expenses and Other Assets September 30, 2024 December 31, 2023 (in millions) Prepaid expenses and other assets $ 23.0 $ 15.6 Unbilled accounts receivable 27.1 24.0 Total prepaid expenses and other assets $ 50.1 $ 39.6

Accounts Payable and Accrued Ex

Accounts Payable and Accrued Expenses	9 Months Ended
	Sep. 30, 2024
Payables and Accruals [Abstract]
Accounts Payable and Accrued Expenses	5. Accounts Payable and Accrued Expenses Accounts payable and accrued expenses consist of the following: Schedule of Accounts Payable and Accrued Expenses September 30, 2024 December 31, (in millions) Accounts payable $ 30.9 $ 41.9 Interest payable 8.9 — Payroll and related costs 4.1 5.5 Cost of sales including inventory 5.4 6.4 Other 11.1 7.0 Total accounts payable and accrued expenses $ 60.4 $ 60.8

Contract Related Disclosures

Contract Related Disclosures	9 Months Ended
	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
Contract Related Disclosures	6. Contract Related Disclosures The following table summarizes contract related balances: Schedule of Contract Related Balances Accounts Receivable Unbilled Accounts Receivable Right to recover asset Deferred Income Customer Prepayments and Deposits (in millions) At September 30, 2024 $ 45.1 $ 27.1 $ 0.7 $ (17.6 ) $ (3.1 ) At December 31, 2023 $ 42.8 $ 24.0 $ 0.6 $ (12.7 ) $ (2.9 ) Revenue recognized that was included in the deferred income balance at the beginning of the periods amounted to $ 2.1 3.9 For the periods ended September 30, 2024 and 2023 respectively, there was no significant amounts of revenue recognized as a result of changes in contract transaction price related to performance obligations that were satisfied in the respective prior periods. Transaction Price Allocated to Remaining Performance Obligations At September 30, 2024, the transaction price allocated to unsatisfied performance obligations for contracts expected to be greater than one year, or performance obligations for which we do not have a right to consideration from the customer in the amount that corresponds to the value to the customer for our performance completed to date, variable consideration which is not accounted for in accordance with the sales-based or usage-based royalties guidance, or contracts which are not wholly unperformed, was approximately $ 96.2 12 60 28

Long term Debt

Long term Debt	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Long term Debt	7. Long term Debt Senior Secured Notes Long-term debt consists of £ 235.0 315.2 2.8 7.875 Under our debt facilities in place as of September 30, 2024, we were not subject to covenant testing on our senior secured notes (the “Senior Secured Notes”). We are, however, subject to covenant testing at the level of Inspired Entertainment Inc., the ultimate holding company, on our Revolving Credit Facility Agreement (the “RCF Agreement”) which required the Company to maintain a maximum consolidated senior secured net leverage ratio of 6.0x on March 31, 2022, stepping down to 5.75x on March 31, 2023 and 5.50x from March 31, 2024 and thereafter (the “RCF Financial Covenant”). The RCF Financial Covenant is calculated as the ratio of consolidated senior secured net debt to consolidated pro forma EBITDA (defined as net loss excluding depreciation and amortization, interest expense, interest income and income tax expense) for the 12-month period preceding the relevant quarterly testing date and is tested quarterly on a rolling basis, subject to the Initial Facility (as defined in the RCF Agreement) being drawn on the relevant test date. The RCF Financial Covenant does not include a minimum interest coverage ratio or other financial covenants. Covenant testing at September 30, 2024 showed covenant compliance with a net leverage of 3.1x. There were no covenant violations in the period ended September 30, 2024. The Indenture governing the Senior Secured Notes contains covenants and certain reporting requirements including the requirement to provide the lender, within 60 days after the close of the quarter, unaudited quarterly financial statements with footnote disclosures. In the period ended September 30, 2023, the Company was unable to comply with this requirement due to the requirement to restate previously reported financial statements as reported in a Current Report on Form 8-K filed with the SEC on November 8, 2023. The debt agreement allows the Company a 30-day grace period to provide such financial information once they receive any notice of non-compliance. No such notice was received. Concurrent with the filing of the Quarterly Report on Form 10-Q for the three and nine months ended September 30, 2023 with the SEC on February 27, 2024, the reporting requirement was met.

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2024
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 nine months ended September 30, 2024 is as follows: Schedule of Restricted Stock Unit Activity Number of Shares Unvested Outstanding at January 1, 2024 (1) 1,242,175 Granted (2) 620,934 Forfeited (185,468 ) Vested (110,647 ) Unvested Outstanding at September 30, 2024 1,566,994 (1) The amount shown as “unvested outstanding at January 1, 2024” does not include certain tranches of Adjusted EBITDA RSUs that have performance criteria for annual periods later than 2023 (an aggregate of 312,500 62,500 (2) The amount shown as “granted” includes 245,694 0 200 491,388 62,500 100 The Company issued a total of 355,783 333,161

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss (Income)	9 Months Ended
	Sep. 30, 2024
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, 2024 $ (78.3 ) $ — $ 33.8 $ (44.5 ) Change during the period (1.0 ) — (0.3 ) (1.3 ) Balance at March 31, 2024 (79.3 ) — 33.5 (45.8 ) Change during the period 0.2 — (0.3 ) (0.1 ) Balance at June 30, 2024 (79.1 ) — 33.2 (45.9 ) Change during the period 6.3 — (0.3 ) 6.0 Balance at September 30, 2024 $ (72.8 ) $ — $ 32.9 $ (39.9 ) 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 $ (84.2 ) $ 0.3 $ 33.1 $ (50.8 ) Change during the period 2.9 (0.2 ) (0.2 ) 2.5 Balance at March 31, 2023 (81.3 ) 0.1 32.9 (48.3 ) Change during the period 2.7 (0.1 ) (0.3 ) 2.3 Balance at June 30, 2023 (78.6 ) — 32.6 (46.0 ) Change during the period (3.6 ) — (0.2 ) (3.8 ) Balance at September 30, 2023 $ (82.2 ) $ — $ 32.4 $ (49.8 ) In connection with the issuance of the Senior Secured Notes, and the entry into the RCF 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 were 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 nine months ended September 30, 2024 and September 30, 2023 amounted to $ 0.0 0.3

Net Income (Loss) per Share

Net Income (Loss) per Share	9 Months Ended
	Sep. 30, 2024
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 stock options and RSUs, 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 contingently issuable shares or because their inclusion would be anti-dilutive: Schedule of Anti-dilutive Securities Excluded from Computation of Earnings per Share 2024 2023 2024 2023 Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 RSUs 574,465 805,619 1,566,994 805,619 The following tables reconcile the numerators and denominators of the basic and diluted EPS computations. There were no reconciling items for the nine months ended September 30, 2024: Schedule of Numerators and Denominators of the Basic and Diluted EPS Computations Three months ended September 30, 2024 Income (Numerator) (in millions) Shares (Denominator) Per-Share Amount Basic EPS Income available to common stockholders $ 3.4 28,496,801 $ 0.12 Effect of Dilutive Securities RSUs — 691,986 $ — Diluted EPS Income available to common stockholders $ 3.4 $ 29,188,787 $ 0.12 Three months ended September 30, 2023 Income (Numerator) (in millions) Shares (Denominator) Per-Share Amount Basic EPS Income available to common stockholders $ 3.4 28,104,365 $ 0.12 Effect of Dilutive Securities RSUs — 1,000,902 $ — Diluted EPS Income available to common stockholders $ 3.4 $ 29,105,267 $ 0.12 Nine months ended September 30, 2023 Income (Numerator) (in millions) Shares (Denominator) Per-Share Amount Basic EPS Income available to common stockholders $ 7.6 28,088,901 $ 0.27 Effect of Dilutive Securities RSUs — 1,060,384 $ (0.01 ) Diluted EPS Income available to common stockholders $ 7.6 $ 29,149,285 $ 0.26 The calculation of Basic EPS includes the effects of 1,921,997 1,790,728

Other Finance Income (Expense)

Other Finance Income (Expense)	9 Months Ended
	Sep. 30, 2024
Other Income and Expenses [Abstract]
Other Finance Income (Expense)	11. Other Finance Income (Expense) Other finance income (expense) consisted of the following for the three and nine months ended September 30, 2024 and 2023: Schedule of Other Finance Income (Expense) 2024 2023 2024 2023 Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 (in millions) (in millions) Pension interest cost $ (0.9 ) $ (0.8 ) $ (2.7 ) $ (2.5 ) Expected return on pension plan assets 1.0 0.9 3.0 2.8 Other finance income (expense) $ 0.1 $ 0.1 $ 0.3 $ 0.3

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2024
Income Tax Disclosure [Abstract]
Income Taxes	12. Income Taxes The effective income tax rate for the three months ended September 30, 2024 and 2023 was 23.3 37.6 1.0 2.0 56.8 27.6 0.4 2.8 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 September 30, 2024 and September 30, 2023. 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 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	9 Months Ended
	Sep. 30, 2024
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 beneficially owned approximately 11.4 2.2 20.1 2.1 19.1 0.1 0.0 0.2 0.0 5 Richard Weil, the brother of A. Lorne Weil, our Executive Chairman, provides consulting services to the Company relating to our lottery operations in the Dominican Republic under a consultancy agreement dated December 31, 2021, as amended. The aggregate amount incurred by the Company in consulting fees was $ 37,500 37,500 112,500 97,500

Leases

Leases	9 Months Ended
	Sep. 30, 2024
Leases
Leases	14. Leases Certain of our arrangements include leases for equipment installed at customer locations. As the lessor, we combine lease and non-lease components for all classes of underlying assets in arrangements that involve operating leases. The single combined component is accounted for under ASC 606, Revenue from Contracts with Customers Leases Lease income from operating leases is not material for any of the periods presented. Lease income from sales type leases is as follows: Schedule of Lease Income from Sales 2024 2023 2024 2023 Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 (in millions) (in millions) Interest receivable $ 0.2 — $ 0.5 — Profit recognized at commencement date of sales type leases 0.7 — 2.0 — Total $ 0.9 $ — $ 2.5 $ — During the three months ended September 30, 2024 the Company entered into a finance lease agreement for machine purchases with CSJ SPV, LLC, of which HG Vora Opportunistic Capital Master Fund II LP is the Managing Member for $ 21.0

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2024
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. 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	9 Months Ended
	Sep. 30, 2024
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 latest actuarial valuation of the scheme (as at March 31, 2021), which was finalized in June 2022, 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. The following table presents the components of our net periodic pension cost (benefit): Schedule of Net Periodic Pension Cost 2023 2023 Nine Months Ended September 30, 2023 2023 (in millions) Components of net periodic pension cost (benefit): Interest cost $ 2.7 $ 2.5 Expected return on plan assets (3.0 ) (2.8 ) Amortization of net loss 0.8 0.7 Net periodic cost (benefit) $ 0.5 $ 0.4

Segment Reporting and Geographi

Segment Reporting and Geographic Information	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
Segment Reporting and Geographic Information	17. Segment Reporting and Geographic Information The Company operates its business along four operating segments, which are segregated on the basis of revenue stream: Gaming, Virtual Sports, Interactive and Leisure. The Company believes this method of segment reporting reflects both the way its business segments are managed and the way the performance of each segment is evaluated. The following tables present revenue, cost of sales, excluding depreciation and amortization, selling, general and administrative expenses, stock-based compensation expense and depreciation and amortization, operating income (loss) and total long-lived asset expenditures for the periods ended September 30, 2024 and September 30, 2023, 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 relating to corporate/shared functions. Segment Information Schedule of Segment Reporting Information by Segment Three Months Ended September 30, 2024 Gaming Virtual Sports Interactive Leisure Corporate Functions Total (in millions) Revenue: Service $ 19.9 $ 11.2 $ 10.2 $ 32.5 $ — $ 73.8 Product sales 3.4 — — 0.8 — 4.2 Total revenue 23.3 11.2 10.2 33.3 — 78.0 Cost of sales, excluding depreciation and amortization: Cost of service (4.8 ) (0.5 ) (0.5 ) (14.9 ) — (20.7 ) Cost of product sales (2.3 ) — — (0.4 ) — (2.7 ) Cost of sales (2.3 ) — — (0.4 ) — (2.7 ) Selling, general and administrative expenses (6.7 ) (1.9 ) (2.8 ) (7.8 ) (10.4 ) (29.6 ) Stock-based compensation expense (0.1 ) (0.1 ) (0.1 ) (0.2 ) (1.3 ) (1.8 ) Depreciation and amortization (5.0 ) (1.3 ) (1.3 ) (3.1 ) (0.6 ) (11.3 ) Segment operating income (loss) 4.4 7.4 5.5 6.9 (12.3 ) 11.9 Net operating income $ 11.9 Total capital and other long-lived intangible asset expenditures for the three months ended September 30, 2024 $ 1.7 $ 1.9 $ 0.7 $ 2.8 $ 1.3 $ 8.4 Three Months Ended September 30, 2023 Gaming Virtual Sports Interactive Leisure Corporate Functions Total (in millions) Revenue: Service $ 18.9 $ 13.4 $ 7.3 $ 31.1 $ — $ 70.7 Product sales 26.2 — — 0.6 — 26.8 Total revenue 45.1 13.4 7.3 31.7 — 97.5 Cost of sales, excluding depreciation and amortization: Cost of service (5.5 ) (0.2 ) (0.5 ) (15.2 ) — (21.4 ) Cost of product sales (26.2 ) — — (0.5 ) — (26.7 ) Cost of sales (26.2 ) — — (0.5 ) — (26.7 ) Selling, general and administrative expenses (5.1 ) (1.5 ) (2.1 ) (7.3 ) (7.6 ) (23.6 ) Stock-based compensation expense (0.4 ) (0.2 ) (0.1 ) (0.2 ) (2.4 ) (3.3 ) Depreciation and amortization (5.1 ) (0.7 ) (0.9 ) (3.0 ) (0.6 ) (10.3 ) Segment operating income (loss) 2.8 10.8 3.7 5.5 (10.6 ) 12.2 Net operating income $ 12.2 Total capital and other long-lived intangible asset expenditures for the three months ended September 30, 2023 $ 12.8 $ 1.6 $ 0.7 $ 1.6 $ 0.1 $ 16.8 Nine Months Ended September 30, 2024 Gaming Virtual Sports Interactive Leisure Corporate Functions Total (in millions) Revenue: Service $ 56.4 $ 35.3 $ 27.7 $ 77.3 $ — $ 196.7 Product sales 18.0 — — 2.0 — 20.0 Total revenue 74.4 35.3 27.7 79.3 — 216.7 Cost of sales, excluding depreciation and amortization: Cost of service (15.7 ) (1.0 ) (1.6 ) (37.3 ) — (55.6 ) Cost of product sales (12.2 ) — — (0.8 ) — (13.0 ) Cost of sales (12.2 ) — — (0.8 ) — (13.0 ) Selling, general and administrative expenses (19.7 ) (5.5 ) (8.7 ) (23.1 ) (33.7 ) (90.7 ) Stock-based compensation expense (0.5 ) (0.3 ) (0.3 ) (0.4 ) (4.2 ) (5.7 ) Depreciation and amortization (12.7 ) (4.7 ) (3.7 ) (9.1 ) (1.6 ) (31.8 ) Segment operating income (loss) 13.6 23.8 13.4 8.6 (39.5 ) 19.9 Net operating income $ 19.9 Total capital and other long-lived intangible asset expenditures for the nine months ended September 30, 2024 $ 5.9 $ 7.9 $ 1.6 $ 10.3 $ 3.0 $ 28.7 Nine Months Ended September 30, 2023 Gaming Virtual Sports Interactive Leisure Corporate Functions Total (in millions) Revenue: Service $ 58.9 $ 43.3 $ 19.9 $ 73.6 $ — $ 195.7 Product sales 44.4 — — 1.7 — 46.1 Total revenue 103.3 43.3 19.9 75.3 — 241.8 Cost of sales, excluding depreciation and amortization: Cost of service (17.9 ) (1.0 ) (1.2 ) (36.8 ) — (56.9 ) Cost of product sales (40.4 ) — — (1.4 ) — (41.8 ) Cost of sales (40.4 ) — — (1.4 ) — (41.8 ) Selling, general and administrative expenses (15.8 ) (4.8 ) (7.3 ) (21.0 ) (24.5 ) (73.4 ) Stock-based compensation expense (1.1 ) (0.6 ) (0.4 ) (0.7 ) (6.5 ) (9.3 ) Depreciation and amortization (14.2 ) (2.3 ) (2.5 ) (9.1 ) (1.7 ) (29.8 ) Segment operating income (loss) 13.9 34.6 8.5 6.3 (32.7 ) 30.6 Net operating loss $ 30.6 Total capital and other long-lived intangible asset expenditures for the nine months ended September 30, 2023 $ 17.3 $ 3.2 $ 2.3 $ 10.6 $ 1.6 $ 35.0 Geographic Information Geographic information for revenue is set forth below: Schedule of Geographic Information 2024 2023 2024 2023 Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 (in millions) (in millions) Total revenue UK $ 60.5 $ 79.8 $ 164.5 $ 190.6 Greece 5.3 5.2 16.0 16.1 Rest of world 12.2 12.5 36.2 35.1 Total $ 78.0 $ 97.5 $ 216.7 $ 241.8 Total revenue $ 78.0 $ 97.5 $ 216.7 $ 241.8 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: September 30, 2024 December 31, 2023 (in millions) UK $ 119.3 $ 91.9 Greece 15.3 15.3 Rest of world 26.7 22.4 Total $ 161.3 $ 129.6 Total non-current assets excluding goodwill $ 161.3 $ 129.6 Software development costs are included as attributable to the market in which they are utilized.

Customer Concentration

Customer Concentration	9 Months Ended
	Sep. 30, 2024
Risks and Uncertainties [Abstract]
Customer Concentration	18. Customer Concentration During the three months ended September 30, 2024, no During the three months ended September 30, 2023, one customer represented at least 10% of the Company’s revenue, accounting for 23 During the nine months ended September 30, 2024, no During the nine months ended September 30, 2023, two customers represented at least 10% of the Company’s revenue, accounting for 13 12 At September 30, 2024, one customer represented at least 10% of the Company’s accounts receivable, accounting for approximately 13 24

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2024
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)	9 Months Ended
	Sep. 30, 2024
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 September 30, 2024, the Company’s cash on hand, excluding restricted cash, was $ 35.7 20.4 0.3 7.6 5.7 9.3 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 $ 24.8 43.0 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 November 2025.
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, 2023 and 2022. The financial information as of December 31, 2023 is derived from the audited consolidated financial statements presented in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 filed with the SEC on April 15, 2024. The financial information for the three and nine months ended September 30, 2023 is derived from the unaudited consolidated financial statements presented in the Company’s Quarterly Report on Form 10-Q for the three and nine months ended September 30, 2023 filed with the SEC on February 27, 2024. The interim results for the three and nine months ended September 30, 2024 are not necessarily indicative of the results to be expected for the year ending December 31, 2024 or for any future interim or annual periods.

Allowance for Credit Losses (Ta

Allowance for Credit Losses (Tables)	9 Months Ended
	Sep. 30, 2024
Receivables [Abstract]
Schedule of Changes in Allowance for Credit Losses	Changes in the allowance for credit losses are as follows: Schedule of Changes in Allowance for Credit Losses September 30, 2024 December 31, 2023 (in millions) Beginning balance $ (1.1 ) $ (1.4 ) Additional allowance for credit losses — (0.2 ) Recoveries — 0.2 Write offs — 0.4 Foreign currency translation adjustments (0.1 ) (0.1 ) Ending balance $ (1.2 ) $ (1.1 )

Inventory (Tables)

Inventory (Tables)	9 Months Ended
	Sep. 30, 2024
Inventory Disclosure [Abstract]
Schedule of Inventory	Inventory consists of the following: Schedule of Inventory September 30, 2024 December 31, 2023 (in millions) Component parts $ 19.8 $ 23.3 Work in progress 1.4 0.4 Finished goods 10.4 8.6 Total inventories $ 31.6 $ 32.3

Prepaid Expenses and Other As_2

Prepaid Expenses and Other Assets (Tables)	9 Months Ended
	Sep. 30, 2024
Prepaid Expenses And Other Assets
Schedule of Prepaid Expenses and Other Assets	Prepaid expenses and other assets consist of the following: Schedule of Prepaid Expenses and Other Assets September 30, 2024 December 31, 2023 (in millions) Prepaid expenses and other assets $ 23.0 $ 15.6 Unbilled accounts receivable 27.1 24.0 Total prepaid expenses and other assets $ 50.1 $ 39.6

Accounts Payable and Accrued _2

Accounts Payable and Accrued Expenses (Tables)	9 Months Ended
	Sep. 30, 2024
Payables and Accruals [Abstract]
Schedule of Accounts Payable and Accrued Expenses	Accounts payable and accrued expenses consist of the following: Schedule of Accounts Payable and Accrued Expenses September 30, 2024 December 31, (in millions) Accounts payable $ 30.9 $ 41.9 Interest payable 8.9 — Payroll and related costs 4.1 5.5 Cost of sales including inventory 5.4 6.4 Other 11.1 7.0 Total accounts payable and accrued expenses $ 60.4 $ 60.8

Contract Related Disclosures (T

Contract Related Disclosures (Tables)	9 Months Ended
	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
Schedule of Contract Related Balances	The following table summarizes contract related balances: Schedule of Contract Related Balances Accounts Receivable Unbilled Accounts Receivable Right to recover asset Deferred Income Customer Prepayments and Deposits (in millions) At September 30, 2024 $ 45.1 $ 27.1 $ 0.7 $ (17.6 ) $ (3.1 ) At December 31, 2023 $ 42.8 $ 24.0 $ 0.6 $ (12.7 ) $ (2.9 )

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]
Schedule of Restricted Stock Unit Activity	A summary of the Company’s Restricted Stock Unit (“RSU”) activity during the nine months ended September 30, 2024 is as follows: Schedule of Restricted Stock Unit Activity Number of Shares Unvested Outstanding at January 1, 2024 (1) 1,242,175 Granted (2) 620,934 Forfeited (185,468 ) Vested (110,647 ) Unvested Outstanding at September 30, 2024 1,566,994 (1) The amount shown as “unvested outstanding at January 1, 2024” does not include certain tranches of Adjusted EBITDA RSUs that have performance criteria for annual periods later than 2023 (an aggregate of 312,500 62,500 (2) The amount shown as “granted” includes 245,694 0 200 491,388 62,500 100

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Income) (Tables)	9 Months Ended
	Sep. 30, 2024
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, 2024 $ (78.3 ) $ — $ 33.8 $ (44.5 ) Change during the period (1.0 ) — (0.3 ) (1.3 ) Balance at March 31, 2024 (79.3 ) — 33.5 (45.8 ) Change during the period 0.2 — (0.3 ) (0.1 ) Balance at June 30, 2024 (79.1 ) — 33.2 (45.9 ) Change during the period 6.3 — (0.3 ) 6.0 Balance at September 30, 2024 $ (72.8 ) $ — $ 32.9 $ (39.9 ) 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 $ (84.2 ) $ 0.3 $ 33.1 $ (50.8 ) Change during the period 2.9 (0.2 ) (0.2 ) 2.5 Balance at March 31, 2023 (81.3 ) 0.1 32.9 (48.3 ) Change during the period 2.7 (0.1 ) (0.3 ) 2.3 Balance at June 30, 2023 (78.6 ) — 32.6 (46.0 ) Change during the period (3.6 ) — (0.2 ) (3.8 ) Balance at September 30, 2023 $ (82.2 ) $ — $ 32.4 $ (49.8 )

Net Income (Loss) per Share (Ta

Net Income (Loss) per Share (Tables)	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Schedule of Anti-dilutive Securities Excluded from Computation of Earnings per Share	The computation of diluted EPS excludes the common stock equivalents of the following potentially dilutive securities because they were contingently issuable shares or because their inclusion would be anti-dilutive: Schedule of Anti-dilutive Securities Excluded from Computation of Earnings per Share 2024 2023 2024 2023 Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 RSUs 574,465 805,619 1,566,994 805,619
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. There were no reconciling items for the nine months ended September 30, 2024: Schedule of Numerators and Denominators of the Basic and Diluted EPS Computations Three months ended September 30, 2024 Income (Numerator) (in millions) Shares (Denominator) Per-Share Amount Basic EPS Income available to common stockholders $ 3.4 28,496,801 $ 0.12 Effect of Dilutive Securities RSUs — 691,986 $ — Diluted EPS Income available to common stockholders $ 3.4 $ 29,188,787 $ 0.12 Three months ended September 30, 2023 Income (Numerator) (in millions) Shares (Denominator) Per-Share Amount Basic EPS Income available to common stockholders $ 3.4 28,104,365 $ 0.12 Effect of Dilutive Securities RSUs — 1,000,902 $ — Diluted EPS Income available to common stockholders $ 3.4 $ 29,105,267 $ 0.12 Nine months ended September 30, 2023 Income (Numerator) (in millions) Shares (Denominator) Per-Share Amount Basic EPS Income available to common stockholders $ 7.6 28,088,901 $ 0.27 Effect of Dilutive Securities RSUs — 1,060,384 $ (0.01 ) Diluted EPS Income available to common stockholders $ 7.6 $ 29,149,285 $ 0.26

Other Finance Income (Expense)

Other Finance Income (Expense) (Tables)	9 Months Ended
	Sep. 30, 2024
Other Income and Expenses [Abstract]
Schedule of Other Finance Income (Expense)	Other finance income (expense) consisted of the following for the three and nine months ended September 30, 2024 and 2023: Schedule of Other Finance Income (Expense) 2024 2023 2024 2023 Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 (in millions) (in millions) Pension interest cost $ (0.9 ) $ (0.8 ) $ (2.7 ) $ (2.5 ) Expected return on pension plan assets 1.0 0.9 3.0 2.8 Other finance income (expense) $ 0.1 $ 0.1 $ 0.3 $ 0.3

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2024
Leases
Schedule of Lease Income from Sales	Lease income from operating leases is not material for any of the periods presented. Lease income from sales type leases is as follows: Schedule of Lease Income from Sales 2024 2023 2024 2023 Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 (in millions) (in millions) Interest receivable $ 0.2 — $ 0.5 — Profit recognized at commencement date of sales type leases 0.7 — 2.0 — Total $ 0.9 $ — $ 2.5 $ —

Pension Plan (Tables)

Pension Plan (Tables)	9 Months Ended
	Sep. 30, 2024
Retirement Benefits [Abstract]
Schedule of Net Periodic Pension Cost	The following table presents the components of our net periodic pension cost (benefit): Schedule of Net Periodic Pension Cost 2023 2023 Nine Months Ended September 30, 2023 2023 (in millions) Components of net periodic pension cost (benefit): Interest cost $ 2.7 $ 2.5 Expected return on plan assets (3.0 ) (2.8 ) Amortization of net loss 0.8 0.7 Net periodic cost (benefit) $ 0.5 $ 0.4

Segment Reporting and Geograp_2

Segment Reporting and Geographic Information (Tables)	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
Schedule of Segment Reporting Information by Segment	Segment Information Schedule of Segment Reporting Information by Segment Three Months Ended September 30, 2024 Gaming Virtual Sports Interactive Leisure Corporate Functions Total (in millions) Revenue: Service $ 19.9 $ 11.2 $ 10.2 $ 32.5 $ — $ 73.8 Product sales 3.4 — — 0.8 — 4.2 Total revenue 23.3 11.2 10.2 33.3 — 78.0 Cost of sales, excluding depreciation and amortization: Cost of service (4.8 ) (0.5 ) (0.5 ) (14.9 ) — (20.7 ) Cost of product sales (2.3 ) — — (0.4 ) — (2.7 ) Cost of sales (2.3 ) — — (0.4 ) — (2.7 ) Selling, general and administrative expenses (6.7 ) (1.9 ) (2.8 ) (7.8 ) (10.4 ) (29.6 ) Stock-based compensation expense (0.1 ) (0.1 ) (0.1 ) (0.2 ) (1.3 ) (1.8 ) Depreciation and amortization (5.0 ) (1.3 ) (1.3 ) (3.1 ) (0.6 ) (11.3 ) Segment operating income (loss) 4.4 7.4 5.5 6.9 (12.3 ) 11.9 Net operating income $ 11.9 Total capital and other long-lived intangible asset expenditures for the three months ended September 30, 2024 $ 1.7 $ 1.9 $ 0.7 $ 2.8 $ 1.3 $ 8.4 Three Months Ended September 30, 2023 Gaming Virtual Sports Interactive Leisure Corporate Functions Total (in millions) Revenue: Service $ 18.9 $ 13.4 $ 7.3 $ 31.1 $ — $ 70.7 Product sales 26.2 — — 0.6 — 26.8 Total revenue 45.1 13.4 7.3 31.7 — 97.5 Cost of sales, excluding depreciation and amortization: Cost of service (5.5 ) (0.2 ) (0.5 ) (15.2 ) — (21.4 ) Cost of product sales (26.2 ) — — (0.5 ) — (26.7 ) Cost of sales (26.2 ) — — (0.5 ) — (26.7 ) Selling, general and administrative expenses (5.1 ) (1.5 ) (2.1 ) (7.3 ) (7.6 ) (23.6 ) Stock-based compensation expense (0.4 ) (0.2 ) (0.1 ) (0.2 ) (2.4 ) (3.3 ) Depreciation and amortization (5.1 ) (0.7 ) (0.9 ) (3.0 ) (0.6 ) (10.3 ) Segment operating income (loss) 2.8 10.8 3.7 5.5 (10.6 ) 12.2 Net operating income $ 12.2 Total capital and other long-lived intangible asset expenditures for the three months ended September 30, 2023 $ 12.8 $ 1.6 $ 0.7 $ 1.6 $ 0.1 $ 16.8 Nine Months Ended September 30, 2024 Gaming Virtual Sports Interactive Leisure Corporate Functions Total (in millions) Revenue: Service $ 56.4 $ 35.3 $ 27.7 $ 77.3 $ — $ 196.7 Product sales 18.0 — — 2.0 — 20.0 Total revenue 74.4 35.3 27.7 79.3 — 216.7 Cost of sales, excluding depreciation and amortization: Cost of service (15.7 ) (1.0 ) (1.6 ) (37.3 ) — (55.6 ) Cost of product sales (12.2 ) — — (0.8 ) — (13.0 ) Cost of sales (12.2 ) — — (0.8 ) — (13.0 ) Selling, general and administrative expenses (19.7 ) (5.5 ) (8.7 ) (23.1 ) (33.7 ) (90.7 ) Stock-based compensation expense (0.5 ) (0.3 ) (0.3 ) (0.4 ) (4.2 ) (5.7 ) Depreciation and amortization (12.7 ) (4.7 ) (3.7 ) (9.1 ) (1.6 ) (31.8 ) Segment operating income (loss) 13.6 23.8 13.4 8.6 (39.5 ) 19.9 Net operating income $ 19.9 Total capital and other long-lived intangible asset expenditures for the nine months ended September 30, 2024 $ 5.9 $ 7.9 $ 1.6 $ 10.3 $ 3.0 $ 28.7 Nine Months Ended September 30, 2023 Gaming Virtual Sports Interactive Leisure Corporate Functions Total (in millions) Revenue: Service $ 58.9 $ 43.3 $ 19.9 $ 73.6 $ — $ 195.7 Product sales 44.4 — — 1.7 — 46.1 Total revenue 103.3 43.3 19.9 75.3 — 241.8 Cost of sales, excluding depreciation and amortization: Cost of service (17.9 ) (1.0 ) (1.2 ) (36.8 ) — (56.9 ) Cost of product sales (40.4 ) — — (1.4 ) — (41.8 ) Cost of sales (40.4 ) — — (1.4 ) — (41.8 ) Selling, general and administrative expenses (15.8 ) (4.8 ) (7.3 ) (21.0 ) (24.5 ) (73.4 ) Stock-based compensation expense (1.1 ) (0.6 ) (0.4 ) (0.7 ) (6.5 ) (9.3 ) Depreciation and amortization (14.2 ) (2.3 ) (2.5 ) (9.1 ) (1.7 ) (29.8 ) Segment operating income (loss) 13.9 34.6 8.5 6.3 (32.7 ) 30.6 Net operating loss $ 30.6 Total capital and other long-lived intangible asset expenditures for the nine months ended September 30, 2023 $ 17.3 $ 3.2 $ 2.3 $ 10.6 $ 1.6 $ 35.0
Schedule of Geographic Information	Geographic Information Geographic information for revenue is set forth below: Schedule of Geographic Information 2024 2023 2024 2023 Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 (in millions) (in millions) Total revenue UK $ 60.5 $ 79.8 $ 164.5 $ 190.6 Greece 5.3 5.2 16.0 16.1 Rest of world 12.2 12.5 36.2 35.1 Total $ 78.0 $ 97.5 $ 216.7 $ 241.8 Total revenue $ 78.0 $ 97.5 $ 216.7 $ 241.8 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: September 30, 2024 December 31, 2023 (in millions) UK $ 119.3 $ 91.9 Greece 15.3 15.3 Rest of world 26.7 22.4 Total $ 161.3 $ 129.6 Total non-current assets excluding goodwill $ 161.3 $ 129.6

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						9 Months Ended
	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Accounting Policies [Abstract]
Cash on hand	$ 35.7			$ 26.4			$ 35.7	$ 26.4	$ 40
Additional working capital	20.4						20.4
Net income (loss)	$ 3.4	$ 2	$ (5.7)	$ 3.4	$ 5.6	$ (1.4)	(0.3)	7.6
Stock-based compensation							5.7	9.3
Net cash provided by operating activities							$ 24.8	$ 43

Schedule of Changes in Allowanc

Schedule of Changes in Allowance for Credit Losses (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Receivables [Abstract]
Beginning balance	$ (1.1)	$ (1.4)
Additional allowance for credit losses		(0.2)
Recoveries		0.2
Write offs		0.4
Foreign currency translation adjustments	(0.1)	(0.1)
Ending balance	$ (1.2)	$ (1.1)

Schedule of Inventory (Details)

Schedule of Inventory (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Inventory Disclosure [Abstract]
Component parts	$ 19.8	$ 23.3
Work in progress	1.4	0.4
Finished goods	10.4	8.6
Total inventories	$ 31.6	$ 32.3

Schedule of Prepaid Expenses an

Schedule of Prepaid Expenses and Other Assets (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Prepaid Expenses And Other Assets
Prepaid expenses and other assets	$ 23	$ 15.6
Unbilled accounts receivable	27.1	24
Total prepaid expenses and other assets	$ 50.1	$ 39.6

Schedule of Accounts Payable an

Schedule of Accounts Payable and Accrued Expenses (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Payables and Accruals [Abstract]
Accounts payable	$ 30.9	$ 41.9
Interest payable	8.9
Payroll and related costs	4.1	5.5
Cost of sales including inventory	5.4	6.4
Other	11.1	7
Total accounts payable and accrued expenses	$ 60.4	$ 60.8

Schedule of Contract Related Ba

Schedule of Contract Related Balances (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Revenue from Contract with Customer [Abstract]
Accounts receivable	$ 45.1	$ 42.8
Unbilled accounts receivable	27.1	24
Right to recover asset	0.7	0.6
Deferred income	(17.6)	(12.7)
Customer prepayments and deposits	$ (3.1)	$ (2.9)

Contract Related Disclosures (D

Contract Related Disclosures (Details Narrative) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Revenue recognized in deferred income	$ 2.1	$ 3.9
Remaining performance obligations	$ 96.2
Through December 31, 2024 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Revenue percentage	12%
Through December 31, 2026 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Revenue percentage	60%
Through December 31, 2030 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Revenue percentage	28%

Long term Debt (Details Narrati

Long term Debt (Details Narrative) - Senior Secured Notes [Member] € in Millions, $ in Millions	Jun. 01, 2026 USD ($)	Jun. 21, 2026 EUR (€)
Short-Term Debt [Line Items]
Long term debt	$ 315.2	€ 235
Capitalized debt fees	2.8
Senior secured notes interest rate	7.875%

Schedule of Restricted Stock Un

Schedule of Restricted Stock Unit Activity (Details) - shares		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of Shares, Vested		(1,921,997)	(1,790,728)	(1,921,997)	(1,790,728)
Incentive Plan [Member] | Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of Shares, Unvested Outstanding	[1]			1,242,175
Number of Shares, Granted	[2]			620,934
Number of Shares, Forfeited				(185,468)
Number of Shares, Vested				(110,647)
Number of Shares, Unvested Outstanding		1,566,994		1,566,994
[1]The amount shown as “unvested outstanding at January 1, 2024” does not include certain tranches of Adjusted EBITDA RSUs that have performance criteria for annual periods later than 2023 (an aggregate of 312,500 62,500 245,694 0 200 491,388 62,500 100

Schedule of Restricted Stock _2

Schedule of Restricted Stock Unit Activity (Details) (Parenthetical)	9 Months Ended
	Sep. 30, 2024 shares
Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Unvested outstanding of shares	312,500
Restricted Stock Units (RSUs) [Member] | Maximum [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Restricted stock shares granted	491,388
Restricted Stock Units (RSUs) [Member] | Share-Based Payment Arrangement, Tranche One [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Unvested outstanding of shares	62,500
Performance Shares [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Restricted stock shares granted	245,694
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	62,500
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%

Stock-Based Compensation (Detai

Stock-Based Compensation (Details Narrative) - Restricted Stock Units (RSUs) [Member] - Share-Based Payment Arrangement, Tranche One [Member] - shares		9 Months Ended
	Dec. 29, 2023	Sep. 30, 2024
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based payment award, shares issued in period		355,783
Number of shares issued RUSs	333,161

Schedule of Accumulated Other C

Schedule of Accumulated Other Comprehensive Loss (Income) (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023
Equity [Abstract]
Foreign currency translation adjustments, beginning balance	$ (79.1)	$ (79.3)	$ (78.3)	$ (78.6)	$ (81.3)	$ (84.2)
Change in fair value of hedging instrument, beginning balance					0.1	0.3
Unrecognized pension benefit costs, beginning balance	33.2	33.5	33.8	32.6	32.9	33.1
Accumulated other comprehensive (income), beginning balance	(45.9)	(45.8)	(44.5)	(46)	(48.3)	(50.8)
Foreign currency translation adjustments, change during the period	6.3	0.2	(1)	(3.6)	2.7	2.9
Change in fair value of hedging instrument, change during the period					(0.1)	(0.2)
Unrecognized pension benefit costs, change during the period	(0.3)	(0.3)	(0.3)	(0.2)	(0.3)	(0.2)
Accumulated other comprehensive (Income), change during the period	6	(0.1)	(1.3)	(3.8)	2.3	2.5
Foreign currency translation adjustments, ending balance	(72.8)	(79.1)	(79.3)	(82.2)	(78.6)	(81.3)
Change in fair value of hedging instrument, ending balance						0.1
Unrecognized pension benefit costs, ending balance	32.9	33.2	33.5	32.4	32.6	32.9
Accumulated other comprehensive (income), ending balance	$ (39.9)	$ (45.9)	$ (45.8)	$ (49.8)	$ (46)	$ (48.3)

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss (Income) (Details Narrative) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Equity [Abstract]
Interest expenses	$ 0	$ 0.3

Schedule of Anti-dilutive Secur

Schedule of Anti-dilutive Securities Excluded from Computation of Earnings per Share (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Restricted Stock Units (RSUs) [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
RSUs	574,465	805,619	1,566,994	805,619

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		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Income available to common stockholders basic EPS income	$ 3.4	$ 3.4		$ 7.6
Income available to common stockholders basic EPS shares	28,496,801	28,104,365	28,524,762	28,088,901
Income available to common stockholders basic EPS per share	$ 0.12	$ 0.12	$ (0.01)	$ 0.27
Income available to common stockholders diluted EPS income	$ 3.4	$ 3.4		$ 7.6
Income available to common stockholders diluted EPS shares	29,188,787	29,105,267	28,524,762	29,149,285
Income available to common stockholders diluted EPS per share	$ 0.12	$ 0.12	$ (0.01)	$ 0.26
Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
RSUs effect of dilutive securities income
RSUs effect of dilutive securities shares	691,986	1,000,902		1,060,384
RSUs effect of dilutive securities per share				$ (0.01)

Net Income (Loss) per Share (De

Net Income (Loss) per Share (Details Narrative) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Earnings Per Share [Abstract]
Effect of RSU awards vested	1,921,997	1,790,728	1,921,997	1,790,728

Schedule of Other Finance Incom

Schedule of Other Finance Income (Expense) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Other Income and Expenses [Abstract]
Pension interest cost	$ (0.9)	$ (0.8)	$ (2.7)	$ (2.5)
Expected return on pension plan assets	1	0.9	3	2.8
Other finance income (expense)	$ 0.1	$ 0.1	$ 0.3	$ 0.3

Income Taxes (Details Narrative

Income Taxes (Details Narrative) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Effective income tax rate	23.30%	37.60%	56.80%	27.60%
Income tax (expense) benefit	$ 1	$ 2	$ (0.4)	$ 2.8

Related Parties (Details Narrat

Related Parties (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Related Party Transaction [Line Items]
Proceeds from lines of credit			$ 20,100,000		$ 19,100,000
Consultancy Agreement [Member]
Related Party Transaction [Line Items]
Consulting fees	$ 37,500	$ 37,500	$ 112,500	$ 97,500
Macquarie Corporate Holdings Pty Limited [Member]
Related Party Transaction [Line Items]
Related party beneficially owned	11.40%		11.40%
Proceeds from lines of credit			$ 2,200,000		$ 2,100,000
Interest and debt expense	$ 100,000	$ 0	$ 200,000	$ 0
Outstanding shares percentage			5%

Schedule of Lease Income from S

Schedule of Lease Income from Sales (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Leases
Interest receivable	$ 0.2		$ 0.5
Profit recognized at commencement date of sales type leases	0.7		2
Total	$ 0.9		$ 2.5

Leases (Details Narrative)

Leases (Details Narrative) $ in Millions	3 Months Ended
	Sep. 30, 2024 USD ($)
Finance Lease Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Payments for (Proceeds from) Productive Assets	$ 21

Schedule of Net Periodic Pensio

Schedule of Net Periodic Pension Cost (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Retirement Benefits [Abstract]
Interest cost			$ 2.7	$ 2.5
Expected return on plan assets	$ (1)	$ (0.9)	(3)	(2.8)
Amortization of net loss			0.8	0.7
Net periodic cost (benefit)			$ 0.5	$ 0.4

Schedule of Segment Reporting I

Schedule of Segment Reporting Information by Segment (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Segment Reporting Information [Line Items]
Total revenue		$ 78	$ 97.5	$ 216.7	$ 241.8
Selling, general and administrative expenses		(29.6)	(23.6)	(90.7)	(73.4)
Stock-based compensation expense		(1.8)	(3.3)	(5.7)	(9.3)
Depreciation and amortization		(11.3)	(10.3)	(31.8)	(29.8)
Segment operating income (loss)		11.9	12.2	19.9	30.6
Net operating loss		11.9	12.2	19.9	30.6
Total capital expenditures		8.4	16.8	28.7	35
Service [Member]
Segment Reporting Information [Line Items]
Total revenue		73.8	70.7	196.7	195.7
Cost of sales	[1]	(20.7)	(21.4)	(55.6)	(56.9)
Product Sales [Member]
Segment Reporting Information [Line Items]
Total revenue		4.2	26.8	20	46.1
Cost of sales	[1]	(2.7)	(26.7)	(13)	(41.8)
Gaming [Member]
Segment Reporting Information [Line Items]
Total revenue		23.3	45.1	74.4	103.3
Selling, general and administrative expenses		(6.7)	(5.1)	(19.7)	(15.8)
Stock-based compensation expense		(0.1)	(0.4)	(0.5)	(1.1)
Depreciation and amortization		(5)	(5.1)	(12.7)	(14.2)
Segment operating income (loss)		4.4	2.8	13.6	13.9
Total capital expenditures		1.7	12.8	5.9	17.3
Gaming [Member] | Service [Member]
Segment Reporting Information [Line Items]
Total revenue		19.9	18.9	56.4	58.9
Cost of sales		(4.8)	(5.5)	(15.7)	(17.9)
Gaming [Member] | Product Sales [Member]
Segment Reporting Information [Line Items]
Total revenue		3.4	26.2	18	44.4
Cost of sales		(2.3)	(26.2)	(12.2)	(40.4)
Virtual Sports [Member]
Segment Reporting Information [Line Items]
Total revenue		11.2	13.4	35.3	43.3
Selling, general and administrative expenses		(1.9)	(1.5)	(5.5)	(4.8)
Stock-based compensation expense		(0.1)	(0.2)	(0.3)	(0.6)
Depreciation and amortization		(1.3)	(0.7)	(4.7)	(2.3)
Segment operating income (loss)		7.4	10.8	23.8	34.6
Total capital expenditures		1.9	1.6	7.9	3.2
Virtual Sports [Member] | Service [Member]
Segment Reporting Information [Line Items]
Total revenue		11.2	13.4	35.3	43.3
Cost of sales		(0.5)	(0.2)	(1)	(1)
Virtual Sports [Member] | Product Sales [Member]
Segment Reporting Information [Line Items]
Total revenue
Cost of sales
Interactive [Member]
Segment Reporting Information [Line Items]
Total revenue		10.2	7.3	27.7	19.9
Selling, general and administrative expenses		(2.8)	(2.1)	(8.7)	(7.3)
Stock-based compensation expense		(0.1)	(0.1)	(0.3)	(0.4)
Depreciation and amortization		(1.3)	(0.9)	(3.7)	(2.5)
Segment operating income (loss)		5.5	3.7	13.4	8.5
Total capital expenditures		0.7	0.7	1.6	2.3
Interactive [Member] | Service [Member]
Segment Reporting Information [Line Items]
Total revenue		10.2	7.3	27.7	19.9
Cost of sales		(0.5)	(0.5)	(1.6)	(1.2)
Interactive [Member] | Product Sales [Member]
Segment Reporting Information [Line Items]
Total revenue
Cost of sales
Leisure [Member]
Segment Reporting Information [Line Items]
Total revenue		33.3	31.7	79.3	75.3
Selling, general and administrative expenses		(7.8)	(7.3)	(23.1)	(21)
Stock-based compensation expense		(0.2)	(0.2)	(0.4)	(0.7)
Depreciation and amortization		(3.1)	(3)	(9.1)	(9.1)
Segment operating income (loss)		6.9	5.5	8.6	6.3
Total capital expenditures		2.8	1.6	10.3	10.6
Leisure [Member] | Service [Member]
Segment Reporting Information [Line Items]
Total revenue		32.5	31.1	77.3	73.6
Cost of sales		(14.9)	(15.2)	(37.3)	(36.8)
Leisure [Member] | Product Sales [Member]
Segment Reporting Information [Line Items]
Total revenue		0.8	0.6	2	1.7
Cost of sales		(0.4)	(0.5)	(0.8)	(1.4)
Corporate Functions [Member]
Segment Reporting Information [Line Items]
Total revenue
Selling, general and administrative expenses		(10.4)	(7.6)	(33.7)	(24.5)
Stock-based compensation expense		(1.3)	(2.4)	(4.2)	(6.5)
Depreciation and amortization		(0.6)	(0.6)	(1.6)	(1.7)
Segment operating income (loss)		(12.3)	(10.6)	(39.5)	(32.7)
Total capital expenditures		1.3	0.1	3	1.6
Corporate Functions [Member] | Service [Member]
Segment Reporting Information [Line Items]
Total revenue
Cost of sales
Corporate Functions [Member] | Product Sales [Member]
Segment Reporting Information [Line Items]
Total revenue
Cost of sales
[1]Excluding depreciation and amortization

Schedule of Geographic Informat

Schedule of Geographic Information (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	$ 78	$ 97.5	$ 216.7	$ 241.8
Total non-current assets excluding goodwill	161.3		161.3		$ 129.6
UNITED KINGDOM
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	60.5	79.8	164.5	190.6
Total non-current assets excluding goodwill	119.3		119.3		91.9
GREECE
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	5.3	5.2	16	16.1
Total non-current assets excluding goodwill	15.3		15.3		15.3
Rest of World [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	12.2	$ 12.5	36.2	$ 35.1
Total non-current assets excluding goodwill	$ 26.7		$ 26.7		$ 22.4

Customer Concentration (Details

Customer Concentration (Details Narrative) - Customer Concentration Risk [Member]	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Revenue Benchmark [Member] | Customer One [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	0%	23%	0%	13%
Revenue Benchmark [Member] | Customer Two [Member]
Concentration Risk [Line Items]
Concentration risk, percentage				12%
Accounts Receivable [Member] | Customer One [Member]
Concentration Risk [Line Items]
Concentration risk, percentage			13%		24%