Gaming (GMGT) 10-K 1 Apr 22 2021 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Dec. 31, 2021	Mar. 28, 2022	Jun. 30, 2021
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Dec. 31, 2021
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2021
Current Fiscal Year End Date	--12-31
Entity File Number	333-249998
Entity Registrant Name	Gaming Technologies, Inc.
Entity Central Index Key	0001816906
Entity Tax Identification Number	35-2675083
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	Two Summerlin
Entity Address, City or Town	Las Vegas
Entity Address, State or Province	NV
Entity Address, Country	US
Entity Address, Postal Zip Code	89135
City Area Code	833
Local Phone Number	388-GMGT (-4648)
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Entity Shell Company	false
Entity Public Float			$ 55,417,348
Entity Common Stock, Shares Outstanding		31,351,952
Auditor Firm ID	572
Auditor Name	Weinberg & Company, P.A.
Auditor Location	Los Angeles, California

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Current assets:
Cash	$ 406,526	$ 1,946,232
Deposits and other current assets	109,791	37,917
Total current assets	516,317	1,984,149
Property and equipment, net	7,393	8,503
Operating lease right of use asset, net	0	11,968
Intellectual property, net	179,709	50,967
Total assets	703,419	2,055,587
Current liabilities:
Accounts payable and accrued expenses	1,575,394	368,784
Due to related parties	13,252	14,918
Secured convertible note payable, net	1,028,586	0
Current portion of note payable, bank	12,850	2,241
Current portion of operating lease liability	0	11,968
Total current liabilities	2,630,082	397,911
Note payable, bank	46,059	62,741
Total liabilities	2,676,141	460,652
Commitments and contingencies
Stockholders' equity (deficiency):
Preferred stock, $0.001 par value; authorized -5,000,000 shares; issued - none	0	0
Common stock, $0.001 par value; authorized - 45,000,000 shares; issued and outstanding – 31,351,953 shares and 28,367,525 shares at December 31, 2021 and 2020, respectively	31,353	28,367
Additional paid-in capital	18,914,227	9,551,507
Accumulated other comprehensive loss	(56,004)	(18,746)
Accumulated deficit	(20,862,298)	(7,966,193)
Total stockholders' equity (deficiency)	(1,972,722)	1,594,935
Total liabilities and stockholders' equity (deficiency)	$ 703,419	$ 2,055,587

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	45,000,000	45,000,000
Common stock, shares issued	31,351,953	28,367,525
Common stock, shares outstanding	31,351,953	28,367,525

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income Statement [Abstract]
Revenues	$ 167,875	$ 0
Costs and expenses:
Cost of revenues	857,709	0
Software development, including amortization of intellectual property of $38,202 and $61,058 in 2021 and 2020, respectively	185,789	128,563
General and administrative:
Officers, directors, affiliates, and other related parties	728,757	417,094
Advertising and marketing	5,693,017	0
Other (including stock compensation costs of $3,409,214 and $5,875,000 in 2021 and 2020, respectively)	5,314,876	6,647,146
Total costs and expenses	12,780,148	7,192,803
Loss from operations	(12,612,273)	(7,192,803)
Other income (expense):
Interest expense	(283,754)	(3,046)
Foreign currency loss	(78)	(15,968)
Total other expense, net	(283,832)	(19,014)
Net loss	(12,896,105)	(7,211,817)
Foreign currency translation adjustment	(37,258)	(21,512)
Comprehensive loss	$ (12,933,363)	$ (7,233,329)
Net loss per common share - basic and diluted	$ (0.42)	$ (0.28)
Weighted average common shares outstanding - basic and diluted	30,548,408	25,699,190

CONSOLIDATED STATEMENTS OF OP_2

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Parenthetical) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income Statement [Abstract]
Amortization of intellectual property	$ 38,202	$ 61,058
Stock compensation costs	$ 3,409,214	$ 5,875,000

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIENCY) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Total
Beginning balance, value at Dec. 31, 2019	$ 24,614	$ 1,040,199	$ 2,766	$ (754,376)	$ 313,203
Beginning balance, shares at Dec. 31, 2019	24,614,325
Common stock issued in connection with private placement, net	$ 1,403	2,626,597			2,628,000
Common stock issued in connection with private placement, net, shares	1,403,200
Common stock issued as compensation	$ 2,350	5,872,650			5,875,000
Common stock issued as compensation, shares	2,350,000
Accrued interest contributed to capital by related parties		12,061			12,061
Foreign currency translation adjustment			(21,512)		(21,512)
Net loss				(7,211,817)	(7,211,817)
Ending balance, value at Dec. 31, 2020	$ 28,367	9,551,507	(18,746)	(7,966,193)	1,594,935
Ending balance, shares at Dec. 31, 2020	28,367,525
Common stock issued in connection with private placement, net	$ 2,156	5,219,169			5,221,325
Common stock issued in connection with private placement, net, shares	2,155,294
Common stock issued as compensation	$ 830	2,214,581			2,215,411
Common stock issued as compensation, shares	829,134
Foreign currency translation adjustment			(37,258)		(37,258)
Warrants issued as compensation		1,193,803			1,193,803
Discount related to convertible note payable and related warrant		735,167			735,167
Net loss				(12,896,105)	(12,896,105)
Ending balance, value at Dec. 31, 2021	$ 31,353	$ 18,914,227	$ (56,004)	$ (20,862,298)	$ (1,972,722)
Ending balance, shares at Dec. 31, 2021	31,351,953

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Cash flows from operating activities:
Net loss	$ (12,896,105)	$ (7,211,817)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	15,599	8,943
Amortization of intellectual property	38,202	67,620
Amortization of accrued lending fee	0	(610)
Amortization of operating lease right of use asset	11,968	45,008
Amortization of discount on convertible note payable	106,244	0
Accretion of premium on convertible note payable	157,509	0
Stock compensation	3,409,214	5,875,000
Foreign currency gain / (loss)	0	15,981
Increase (decrease) in -
Due from related parties	0	12,109
Deposits and other current assets	(71,874)	(2,799)
Accounts payable and accrued expenses	1,206,610	312,581
Due to related parties	(1,699)	(1,925)
Operating lease liability	(11,968)	(45,008)
Net cash used in operating activities	(8,036,300)	(924,917)
Cash flows from investing activities:
Purchase of intellectual property	(169,564)	(13,055)
Purchase of property and equipment	(9,194)	(5,266)
Proceeds from sales of property and equipment	0	0
Net cash used in investing activities	(178,758)	(18,321)
Cash flows from financing activities:
Proceeds from notes payable	0	60,623
Proceeds from private placement of common stock	5,221,325	2,628,000
Proceeds from convertible notes payable, net	1,500,000	0
Repayment of note payable to bank	(5,445)	(60,000)
Repayment of notes payable to related parties	0	(35,508)
Net cash provided by financing activities	6,715,880	2,593,115
Effect of exchange rate on cash	(40,528)	(24,047)
Cash:
Net increase (decrease)	(1,539,706)	1,625,830
Balance at beginning of year	1,946,232	320,402
Balance at end of year	406,526	1,946,232
Supplemental disclosures of cash flow information:
Interest	943	3,593
Income taxes	0	0
Non-cash investing and financing activities:
Fair value of warrants recorded as debt discount	735,167	0
Original issue discount on convertible note payable	$ 166,667	$ 0

Organization and Basis of Prese

Organization and Basis of Presentation	12 Months Ended
	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Basis of Presentation	1. Organization and Basis of Presentation Organization and Combination Gaming Technologies, Inc. (formerly Dito, Inc.,) (“Gaming US”) was incorporated in the State of Delaware on July 23, 2019. Effective as of March 18, 2020, Gaming US completed a Share Exchange Agreement (the "Exchange Agreement") to acquire all of the outstanding ordinary shares of Gaming Technologies Limited, formerly Gaming UK Limited, (“Gaming UK”) that provided for each outstanding ordinary share of Gaming UK to be effectively converted into 25 shares of common stock of Gaming US. As a result, Gaming UK became a wholly-owned subsidiary of Gaming US in a recapitalization transaction (collectively, the “Company”). On December 21, 2020, the Company changed its name from Dito, Inc. to Gaming Technologies Inc. Gaming UK was originally formed as Smart Tower Limited on November 3, 2017 in the United Kingdom for the purpose of software development. On June 29, 2018, Smart Tower Limited changed its name to NENX Gaming Limited and then to Gaming UK Limited on July 29, 2019 and to Gaming Technologies Limited on January 7, 2021. Gaming US maintains its principal executive offices in Las Vegas, Nevada, United States. Gaming UK maintains its principal executive offices in London, England. Unless the context indicates otherwise, Gaming Technologies, Inc. ("Gaming US") and Gaming Technologies UK Limited ("Gaming UK") are hereinafter referred to as the "Company". The Company's activities are subject to significant risks and uncertainties, including the need for additional capital, as described below. The Company does not have positive cash flows from operations, and is dependent on periodic infusions of debt and equity capital to fund its operating requirements. Business Operations The Company is a mobile games developer, publisher, and operator with offices in London and Las Vegas. The Company intends to license its software platform to mobile gaming operators and developers to enable rapid development of new games. In addition, the Company operates an online gaming operation in Mexico through its web site vale.mx. On November 13, 2020, we entered into an Agreement for the Provision of Online Gaming Management and Consulting Services (as subsequently amended) with Comercial de Juegos de la Frontera, S.A. de C.V., a Mexican company doing business as Big Bola, pursuant to which we provide to Big Bola consulting and management services related to their interactive online betting and gaming business in Mexico via the web site www.vale.mx, a regulated online casino and sports betting site. vale.mx operates under Big Bola’s existing license issued by the General Directorate of Games and Raffles of the Ministry of Interior (SEGOB). Big Bola is one of only On May 19, 2021, we entered into a non-exclusive license agreement with Playboy Enterprises International, Inc. (“Playboy”) to use certain trademarks (including the rabbit head logo) and other intellectual property of Playboy on and in connection with the design, creation, promotion, marketing, advertisement, sales, operation, maintenance and distribution in India of real-money game mobile apps, such as rummy, poker, fantasy sports and other games of skill approved by Playboy. We will pay Playboy as a royalty a percentage of net gaming revenue. The term of the agreement is through the end of 2025, subject to early termination upon certain events of default, which include our failure to launch a Playboy-branded game in India by November 1, 2021, or to meet certain annual minimum net gaming revenue targets. The Playboy-branded game, https://www.playboyrummy.com/, was launched on November 1, 2021. Going Concern The Company's consolidated financial statements have been presented on the basis that the Company is a going concern, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. As reflected in the accompanying consolidated financial statements, the Company has experienced recurring net losses from operations and negative operating cash flows since inception. During the year ended December 31, 2021, the Company incurred a net loss of $ 12,896,105 8,036,300 1,972,722 At December 31, 2021, the Company had cash of $ 406,526 As a result, management has concluded that there is substantial doubt about the Company's ability to continue as a going concern within one year of the date that the accompanying consolidated financial statements are issued. In addition, the Company's independent registered public accounting firm, in their report on the Company's consolidated financial statements for the year ended December 31, 2021, has also expressed substantial doubt about the Company's ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent upon the Company's ability to raise additional funds and implement its business plan, and to ultimately achieve sustainable operating revenues and profitability. The accompanying consolidated financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. The development and expansion of the Company's business in 2022 and thereafter will be dependent on many factors, including the capital resources available to the Company. No assurances can be given that any future financing will be available or, if available, that it will be on terms that are satisfactory to the Company or adequate to fund the development and expansion of the Company's business to a level that is commercially viable and self-sustaining. There is also significant uncertainty as to the affect that the coronavirus pandemic may have on the availability, amount and type of financing in the future. If cash resources are insufficient to satisfy the Company's ongoing cash requirements, the Company would be required to scale back or discontinue its operations, obtain funds, if available, although there can be no certainty, through strategic alliances that may require the Company to relinquish rights to its technology, or to discontinue its operations entirely.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Principles of Consolidation The accompanying consolidated financial statements of the Company have been prepared in accordance with United States generally accepted accounting principles ("GAAP") and include the financial statements of Gaming US and its wholly-owned foreign subsidiary, Gaming UK. Intercompany balances and transactions have been eliminated in consolidation. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of expenses during the reporting period. Management bases its estimates on historical experience and on various assumptions that are believed to be reasonable in relation to the financial statements taken as a whole under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Management regularly evaluates the key factors and assumptions used to develop the estimates utilizing currently available information, changes in facts and circumstances, historical experience and reasonable assumptions. After such evaluations, if deemed appropriate, those estimates are adjusted accordingly. Actual results could differ from those estimates. Significant estimates are expected to include those related to assumptions used in calculating accruals for potential liabilities, valuing equity instruments issued for financing and services, and the realization of deferred tax assets. Cash The Company maintains its cash balances with financial institutions with high credit ratings. The Company has not experienced any losses to date resulting from this practice. As of December 31, 2021 and 2020, the Company's cash balances by currency consisted of the following: Schedule of cash December 31, 2021 2020 GBP £ 90,467 £ 49,127 USD $ 284,410 $ 1,879,166 Cash balances in British Pounds are maintained in the United Kingdom and cash balances in United States Dollars are maintained in the United States. Concentration of Risk The Company may periodically contract with consultants and vendors to provide services related to the Company's business development activities. Agreements for these services may be for a specific time period or for a specific project or task. The Company did not have any agreements at December 31, 2021 or 2020. Income Taxes The Company accounts for income taxes under an asset and liability approach for financial accounting and reporting for income taxes. Accordingly, the Company recognizes deferred tax assets and liabilities for the expected impact of differences between the financial statements and the tax basis of assets and liabilities. The Company records a valuation allowance to reduce its deferred tax assets to the amount that is more likely than not to be realized. In the event the Company was to determine that it would be able to realize its deferred tax assets in the future in excess of its recorded amount, an adjustment to the deferred tax assets would be credited to operations in the period such determination was made. Alternatively, should the Company determine that it would not be able to realize all or part of its deferred tax assets in the future, an adjustment to the deferred tax assets would be charged to operations in the period such determination was made. Gaming UK is subject to taxation in the United Kingdom. As a foreign corporation, Gaming UK is not consolidated with Gaming US in the Company's U.S. federal tax filings. As the Company's net operating losses in the respective jurisdictions in which it operates have yet to be utilized, all previous tax years remain open to examination by the taxing authorities in which the Company currently operates. The Company had no The Company accounts for uncertainties in income tax law under a comprehensive model for the financial statement recognition, measurement, presentation and disclosure of uncertain tax positions taken or expected to be taken in income tax returns as prescribed by GAAP. The tax effects of a position are recognized only if it is "more-likely-than-not" to be sustained by the taxing authority as of the reporting date. If the tax position is not considered "more-likely-than-not" to be sustained, then no benefits of the position are recognized. As of December 31, 2021 and 2020, the Company had not recorded any liability for uncertain tax positions. In subsequent periods, any interest and penalties related to uncertain tax positions will be recognized as a component of income tax expense. Revenue Recognition The Company recognizes revenue in accordance with ASC Topic 606, Revenue From Contracts With Customers · Identification of the contract with a customer · Identification of the performance obligations in the contract · Determination of the transaction price · Allocation of the transaction price to the performance obligations in the contract · Recognition of revenue when, or as, the Company satisfies a performance obligation The Company operates an online betting platform allowing users to place wagers on casino games. Each wager placed by users create a single performance obligation for the Company to administer each event wagered. We report revenue on a net basis. Net gaming revenue is the aggregate of gaming wins and losses based on results of each event that customers wager bets on. Gross gaming revenue is split with our partners, whose share of gross gaming revenue is recorded as a reduction to net gaming revenue. Cost of Revenue Cost of revenue consists primarily of variable costs related to our contract with Big Bola. These include mainly (i) payment processing fees and chargebacks, (ii) product taxes, (iii) technology costs, (iv) revenue share / market access arrangements, and (v) feed / provider services. The Company incurs payment processing fees on user deposits, withdrawals and deposit reversals from payment processors (“chargebacks”). Chargebacks have not been material to date. Cost of revenue also includes expenses related to the distribution of our services, amortization of intangible assets and compensation of revenue associated personnel. Stock-Based Compensation The Company issues common stock and intends to issue stock options to officers, directors and consultants for services rendered. Options will vest and expire according to terms established at the issuance date of each grant. Stock grants, which are generally time vested, will be measured at the grant date fair value and charged to operations ratably over the vesting period. The fair value of stock options granted as stock-based compensation will be determined utilizing the Black-Scholes option-pricing model, and can be affected by several variables, the most significant of which are the life of the equity award, the exercise price of the stock option as compared to the fair market value of the common stock on the grant date, and the estimated volatility of the common stock. Estimated volatility will be based on the historical volatility of the Company's common stock over an appropriate calculation period, or, if not available, by reference to the volatility of a representative sample of comparable public companies. The risk-free interest rate will be based on the U.S. Treasury yield curve in effect at the time of grant. The fair market value of the common stock will be determined by reference to the quoted market price of the Company's common stock on the grant date, or, if not available, by reference to an appropriate alternative valuation methodology. The Company will recognize the fair value of stock-based compensation awards in general and administrative costs or in software development costs, as appropriate, in the Company's consolidated statements of operations. The Company will issue new shares of common stock to satisfy stock option exercises. Comprehensive Income (Loss) Comprehensive income or loss is defined as the change in equity during a period from transactions and other events and circumstances from non-owner sources. Components of comprehensive income or loss, including net income or loss, unrealized gains or losses on available-for-sale securities, unrealized gains or losses on other financial investments, unrealized gains or losses on pension and retirement benefit plans, and foreign currency translation adjustments, are reported in the financial statements in the period in which they are recognized. Net income (loss) and other comprehensive income (loss) are reported net of any related tax effect to arrive at comprehensive income (loss). The Company's comprehensive income (loss) for the years ended December 31, 2021 and 2020 consists of foreign currency translation adjustments. Earnings (Loss) Per Share The Company's computation of earnings (loss) per share ("EPS") includes basic and diluted EPS. Basic EPS is measured as the income (loss) attributable to common stockholders divided by the weighted average common shares outstanding for the period. Diluted EPS is similar to basic EPS but presents the dilutive effect on a per share basis of potential common shares (e.g., convertible notes payable, convertible preferred stock, warrants and stock options) as if they had been converted at the beginning of the periods presented, or issuance date, if later. Potential common shares that have an anti-dilutive effect (i.e., those that increase income per share or decrease loss per share) are excluded from the calculation of diluted EPS. Loss per common share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the respective periods. At December 31, 2021 and 2020, the Company excluded warrants to acquire 1,540,141 and 90,000, respectively, shares of common stock from its calculation of loss per share as their effect would be antidilutive. Basic and diluted loss per common share is the same for all periods presented because the aforementioned warrants were antidilutive. Fair Value of Financial Instruments The authoritative guidance with respect to fair value established a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three levels and requires that assets and liabilities carried at fair value be classified and disclosed in one of three categories, as presented below. Disclosure as to transfers in and out of Levels 1 and 2, and activity in Level 3 fair value measurements, is also required. Level 1. Observable inputs such as quoted prices in active markets for an identical asset or liability that the Company has the ability to access as of the measurement date. Financial assets and liabilities utilizing Level 1 inputs include active-exchange traded securities and exchange-based derivatives. Level 2. Inputs, other than quoted prices included within Level 1, which are directly observable for the asset or liability or indirectly observable through corroboration with observable market data. Financial assets and liabilities utilizing Level 2 inputs include fixed income securities, non-exchange-based derivatives, mutual funds, and fair-value hedges. Level 3. Unobservable inputs in which there is little or no market data for the asset or liability which requires the reporting entity to develop its own assumptions. Financial assets and liabilities utilizing Level 3 inputs include infrequently-traded non-exchange-based derivatives and commingled investment funds and are measured using present value pricing models. The Company will determine the level in the fair value hierarchy within which each fair value measurement falls in its entirety, based on the lowest level input that is significant to the fair value measurement in its entirety. In determining the appropriate levels, the Company will perform an analysis of the assets and liabilities at each reporting period end. The carrying value of financial instruments (consisting of cash and accounts payable and accrued expenses) is considered to be representative of their respective fair values due to the short-term nature of those instruments. The carrying value of our notes payable approximates their fair value because interest rates on these obligation are based upon prevailing interest rates. Property and Equipment Property and equipment is recorded at cost. Major improvements are capitalized, while maintenance and repairs that do not improve or extend the useful life of the respective assets are charged to expense as incurred. Gains and losses from disposition of property and equipment are included in income and expense when realized. Depreciation of property and equipment is provided using the straight-line method over an estimated useful life of three years. The Company recognizes depreciation of property and equipment in general and administrative costs in the Company's consolidated statement of operations. Leases The Company accounts for leases in accordance with Accounting Standards Update 2016-02, Leases (Topic 842) ("ASU 2016-02"), which requires a lessee to record a right-of-use asset and a corresponding lease liability at the inception of the lease initially measured at the present value of the lease payments. ASU 2016-02 requires recognition in the statement of operations of a single lease cost that is calculated as a total cost of the lease allocated over the lease term, generally on a straight-line basis. ASU 2016-02 excludes short-term operating leases with a lease term of 12 months or less at the commencement date, and that do not include an option to purchase the underlying asset that the lessee is reasonably certain to exercise. Software Development Costs Due to the significant uncertainty with respect to the successful development of commercially viable products based on Company's development efforts, all software development costs incurred with respect to the Company's mobile gaming platform are charged to operations as incurred. Intellectual Property Intellectual property, consisting of software, is recorded at cost. Amortization of intellectual property is provided using the straight-line method over an estimated useful life of three years. 3 The Company recognizes amortization of intellectual property in software development costs in the Company's consolidated statement of operations. Long-Lived Assets The Company reviews long-lived assets, consisting of property and equipment and intellectual property, for impairment at each fiscal year end or when events or changes in circumstances indicate the carrying value of these assets may exceed their current fair values. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to the estimated undiscounted future cash flows expected to be generated by the asset. If the carrying amount of an asset exceeds its estimated future cash flows, an impairment charge is recognized for the amount by which the carrying amount of the asset exceeds the fair value of the assets. Assets to be disposed of are separately presented in the balance sheet and reported at the lower of the carrying amount or fair value less costs to sell and are no longer depreciated. The Company has not historically recorded any impairment to its long-lived assets. In the future, if events or market conditions affect the estimated fair value to the extent that a long-lived asset is impaired, the Company will adjust the carrying value of these long-lived assets in the period in which the impairment occurs. As of December 31, 2021 and 2020, the Company had no Foreign Currency The accompanying consolidated financial statements are presented in United States dollars ("USD"). The functional currency of Gaming UK, the Company's foreign subsidiary, is the British Pound (“GBP”), the local currency in the United Kingdom. Accordingly, assets and liabilities of the foreign subsidiary are translated at the current exchange rate at the end of the period, and revenues and expenses are translated at average exchange rates during the years ended December 31, 2021 and 2020. The resulting translation adjustments are recorded as a component of shareholders' equity (deficiency). Gains and losses from foreign currency transactions are included in net income (loss). Translation of amounts from the local currencies of the foreign subsidiary, Gaming UK, into USD has been made at the following exchange rates for the respective periods: Foreign currency exchange rates table As of and for the Years Ended 2021 2020 Period-end GBP to USD1.00 exchange rate 1.3498 1.3652 Period-average GBP to USD1.00 exchange rate 1.3756 1.2825 Recent Accounting Pronouncements In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments ("ASU 2016-13"). ASU 2016-13 significantly changes how entities measure credit losses for most financial assets, including accounts and notes receivables. ASU 2016-13 will replace the current "incurred loss" approach with an “expected loss” model, under which companies will recognize allowances based on expected rather than incurred losses. Entities will apply the provisions of ASU 2016-13 as a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which ASU 2016-13 is effective. As small business filer, ASU 2016-13 will be effective for the Company for interim and annual reporting periods beginning after December 15, 2022. Management is currently in the process of assessing the impact of adopting ASU-2016-13 on the Company's financial statements and related disclosures. In August 2020, the FASB issued ASU 2020-06, Debt — Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity (“ASU 2020-06). ASU 2020-06 simplifies the accounting for convertible debt by eliminating the beneficial conversion and cash conversion accounting models. Upon adoption of ASU 2020-06, convertible debt proceeds, unless issued with a substantial premium or an embedded conversion feature that is not clearly and closely related to the host contract, will no longer be allocated between debt and equity components. This modification will reduce the issue discount and result in less non-cash interest expense in financial statements. ASU 2020-06 also updates the earnings per share calculation and requires entities to assume share settlement when the convertible debt can be settled in cash or shares. ASU 2020-06 will be effective January 1, 2024, and a cumulative-effect adjustment to the opening balance of retained earnings is required upon adoption. Early adoption is permitted, but no earlier than January 1, 2021, including interim periods within that year. The Company adopted ASU 2020-06 effective January 1, 2021. The adoption of ASU 2020-06 did not have any impact on the Company’s previously issued consolidated financial statement presentation or disclosures. Other recent accounting pronouncements issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company's present or future consolidated financial statements and related disclosures.

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Property and Equipment	3. Property and Equipment Property and equipment as of December 31, 2021 and 2020 is summarized as follows: Schedule of property and equipment December 31, 2021 2020 Computer and office equipment $ 36,194 $ 27,307 Less accumulated depreciation (28,801 ) (18,804 ) Computer and office equipment, net $ 7,393 $ 8,503 All of the Company's property and equipment is located in the United Kingdom. Depreciation expense for the years ended December 31, 2021 and 2020 was $ 15,599 8,943

Intellectual Property

Intellectual Property	12 Months Ended
	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Intellectual Property	4. Intellectual Property Intellectual property as of December 31, 2021 and 2020 is summarized as follows: Schedule of intellectual property December 31, 2021 2020 Finite lived assets - software $ 213,181 $ 208,032 Less accumulated amortization (197,887 ) (157,065 ) 15,294 50,967 Indefinite lived assets - internet domain names 164,415 – Intellectual property, net $ 179,709 $ 50,967 Amortization expense for the years ended December 31, 2021 and 2020 was $ 38,202 67,620 The following schedule sets forth the remaining amortization of intellectual property as of December 31, 2021: Schedule of future amortization of intellectual property 2022 $ 6,798 2023 6,798 2024 1,698 Total $ 15,294

Note Payable to Bank

Note Payable to Bank	12 Months Ended
	Dec. 31, 2021
Debt Disclosure [Abstract]
Note Payable to Bank	5. Note Payable to Bank On June 9, 2020, Gaming UK received an unsecured loan of $ 60,600 47,600 72 2.5 th 1,090 851 58,909 64,982 12,850 2,241 Maturities of long-term debt for each of the next five years and thereafter are as follows: Schedule of debt maturities Year ended December 31, Amount 2022 $ 12,850 2023 12,850 2024 12,850 2025 12,850 2026 7,509 Total payments 58,909 Less current portion 12,850 Debt maturity, noncurrent $ 46,059

Secured Convertible Note Payabl

Secured Convertible Note Payable	12 Months Ended
	Dec. 31, 2021
Debt Disclosure [Abstract]
Secured Convertible Note Payable	6. Secured Convertible Note Payable Convertible note 2021 2020 Secured Convertible Note payable, including accreted amount $ 1,824,176 $ – Valuation discount (795,590 ) – Secured convertible Note, net $ 1,028,586 $ – On November 18, 2021, the Company entered into a securities purchase agreement with an accredited investor for the sale of the Company’s secured convertible note (the Secured Notes) and warrants. Pursuant to the terms of the purchase agreement, on November 18, 2021, the Company received aggregate gross proceeds of $ 1,500,000 10 1,666,666 727,273 The Note bears interest at a rate of 10% per year, payable monthly commencing after the third month, and mature 12 months from issuance 2.75 2.75 Upon an Event of Default (as defined therein) interest shall accrue at 1 1/2% per month and the 125% of principal and interest through maturity shall be due and payable. At the holder’s option the holder shall be entitled to be paid in cash or common stock with the conversion price of the common stock equal to a 30% discount to the average of the three lowest closing prices of the common stock for the 10 prior trading days. In connection with the Company’s obligations under the Secured Notes, the Company and its subsidiary Gaming Technology Limited (the “Subsidiary”) each entered into a security agreement with the holder, pursuant to which the Company and the Subsidiary granted a security interest on all assets of the Company and the Subsidiary, including the stock of the Subsidiary, for the benefit of the holders, to secure, and the Subsidiary guaranteed, the Company’s obligations under the Note, the Warrant and the other transaction documents. In addition, the holder was granted customary piggyback registration rights for the shares of common stock issuable upon conversion of the Note and exercise of the Warrant and rights of participation. At any time within the 18 months closing, upon any issuance by the Company or any of its subsidiaries of debt or common stock or common stock equivalents for cash consideration, indebtedness or a combination of units thereof, other than in an underwritten public offering (a “Subsequent Financing”), the investor will have the right to participate up to its investment amount in the Note, but not more than 25% of the Subsequent Financing, on the same terms, conditions and price provided for in the Subsequent Financing. Upon issuance of the Secured Note, the Company recorded an aggregate discount of $ 901,834 166,667 735,167 106,244 795,590 157,509 1,824,176 We failed to make interest payments on the Secured Note due in February and March 2022, in the amount of $13,889 each, and may not be able to make the interest payments due in April of $13,889 and subsequently. The holder has agreed to extend the due dates of the payments that were due in February and March 2022 to April 18, 2022, and to waive any resulting default until such date. However, there can be no assurance that we will be able to raise additional capital to enable us to make such payments by such date, or future payments that come due.

Leases

Leases	12 Months Ended
	Dec. 31, 2021
Leases [Abstract]
Leases	7. Leases Short-Term Operating Lease The Company leases office facilities in Las Vegas, Nevada on a month-to-month basis at a cost of $510 per month. Aggregate payments under this operating lease charged to general and administrative expenses in the statement of operations were $ 1,500 1,704 Long-Term Operating Lease The Company's wholly-owned subsidiary in the United Kingdom, Gaming UK, leases office facilities in London, England. Operating lease right-of-use assets and liabilities are recognized at the commencement date of the lease based on the present value of lease payments over the lease term. Right-of-use assets represent the Company's right to use an underlying asset for the lease term, and right-of-use lease liabilities represent the Company's obligation to make lease payments arising from the lease. Generally, the implicit rate of interest, equivalent to a discount rate, in lease arrangements is not readily determinable and the prevailing commercial property mortgage rate is utilized in determining the present value of lease payments. The monthly cash payment for this operating lease was approximately $4,010 per month, and the lease term ended on March 31, 2021. As of December 31, 2020 the right of use asset and the remaining lease obligation was $ 11,968

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2021
Related Party Transactions [Abstract]
Related Party Transactions	8. Related Party Transactions Salary and Fees to Directors, Consultants and Professionals During the years ended December 31, 2021 and 2020, the Company incurred salary and fees to officers, directors, consultants and professionals in the amount of $ 728,757 417,094 Schedule of related party transactions December 31, 2021 2020 Jason Drummond $ 589,368 $ 334,868 Julian Parge 103,170 82,226 Steven Plumb 36,219 – Total $ 728,757 $ 417,094 During the year ended December 31, 2021, the Company paid base salary of $ 330,144 334,868 As of December 31, 2021 and 2020, $ 13,252 14,918

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2021
Equity [Abstract]
Stockholders' Equity	9. Stockholders' Equity Preferred Stock The Company has authorized a total of 5,000,000 shares of preferred stock, par value $0.001 per share. No preferred shares have been designated by the Company as of December 31, 2021 and 2020. Private Placements of Common Stock Private placements in 2020 During 2020, the Company completed private placements for the sale of 1,153,200 2.50 2,628,000 255,000 250,000 90,000 2.50 Private placements in 2021 On February 3, 2021, Gaming Technologies, Inc. (the “Company”) entered into a Securities Purchase Agreement with certain accredited investors (“Purchase Agreement”), pursuant to which the Company sold an aggregate of 1,606,600 4,016,500 360,000 3,656,500 144,000 2.50 5 Under the terms of the Purchase Agreement, each investor was granted customary piggyback registration rights in the event the Company proposes to register the offer and sale of any shares of its common stock, subject to the limitations set forth in the Purchase Agreement, such as a registration statement solely relating to an offering or sale to employees or directors of the Company pursuant to employee stock plan or in connection with any dividend or distribution. The Purchase Agreement also provides the investors the option and right to participate in future capital raising transactions at the same purchase price and on the same terms and conditions as other investors participating in such transactions, for an aggregate purchase price of up to $6,000,000. If, at any time during the twelve months following sale of the Shares, the Company issues or sells shares of common stock or common stock equivalents, except for certain exempt issuances as described in the Purchase Agreement, at a price below $2.50 per share, then immediately upon such issuance or sale, the Company will deliver to the investors that number of restricted shares of common stock equal to the difference between the number of Shares purchased by the investor pursuant to this Purchase Agreement and the number of shares of common stock the investor would have received for the investor’s subscription amount at the dilutive issuance price. In March 2021, the Company sold 10,000 25,000 In August 2021, the Company sold 538,694 210,927 1,539,825 40,175 3.25 5 We agreed with the purchasers in our August 2021 private placement to file with the SEC a registration statement on Form S-1 to register these shares under the Securities Act for resale, which we did on August 31, 2021, and to use our commercially reasonable efforts to cause such registration statement to become effective within 120 days after such date (or, in the event of a “full review” by the SEC staff, 150 calendar days after such date), and to keep such registration statement effective (with certain exceptions) until all such shares (i) have been sold, thereunder or pursuant to Rule 144 under the Securities Act, or (ii) may be sold without volume or manner-of-sale restrictions pursuant to Rule 144 and without the requirement for the Company to be in compliance with the current public information requirement under Rule 144. We will pay all expenses of such registration other than broker or similar commissions or fees or transfer taxes of any selling shareholder. We and each purchaser of such shares agreed to provide customary indemnifications to each other in connection with the registration statement. The Company also agreed to provide to such holders “piggyback” registration rights in certain circumstances. We agreed with purchasers in our August 2021 private placement that if, at any time during the 12 months following sale of the shares, we issue or sell shares of common stock or common stock equivalents, except for certain exempt issuances as described in the purchase agreement, at a price below $3.25 Consulting Agreements Effective August 3, 2020, the Company entered into a consulting agreement with Montrose Capital Partners Limited to provide consulting, advisory and related services to the Company for a term of two years. Consideration under this consulting agreement was paid exclusively in the form of 2,000,000 5,000,000 On October 21, 2020, the Company entered into an agreement with a consultant to serve as a board advisor. The term of the agreement is for one year and may be renewed at the end of the term. Compensation consists of the following stock grants: 50,000 125,000 50,000 112,500 On November 6, 2020, the Company entered into an agreement with a consultant to serve as a board advisor. The term of the agreement is for one year and may be renewed at the end of the term. Compensation consists of the following stock grants: 50,000 125,000 On November 25, 2020, the Company entered into an agreement with a consultant to serve as a board advisor. The term of the agreement is for one year with automatic renewal for successive one-year terms unless either party elects not to renew. Compensation consists of 250,000 625,000 In January 2021, the Company entered into two agreements with two consultants to provide investor relation services to the Company. The agreements are for a term of one 1 200,000 500,000 In February 2021, the Company entered into an internet advertising campaign with a consultant. The contract is for a term of one year 1 20,000 333,334 833,335 On October 20, 2021, Steven M. Plumb, CPA, appointed as the Company’s chief financial officer through a contract (the “Clear Agreement”) with Mr. Plumb’s entity, Clear Financial Solutions (“Clear”), pursuant to which Clear is paid $ 10,000 August 16, 2022 30,000 67,500 During October 2021, the Company issued restricted stock grants to various consultants for services performed for the Company totaling 65,800 214,575 Warrants A summary of warrant activity for the year ended December 31, 2021 is presented below: Schedule of warrant activity Warrants Weighted Weighted Aggregate Outstanding on December 31, 2020 90,000 $ 2.50 3.90 $ – Granted 1,450,141 3.13 4.70 – Exercised – – – – Outstanding on December 31, 2021 1,540,141 $ 2.63 4.51 $ – During the years ended December 31, 2021 and 2020, the Company issued 184,175 90,000 In November 2021, in connection with the issuance of the Secured Convertible Notes discussed in Note 6, the Company issued warrants to purchase an aggregate of 727,273 735,167 In November 2021, the Company issued warrants to purchase 538,693 2.75 1,193,803 The fair value of the warrants issued in 2021 was determined by a black sholes pricing model with the following assumptions: Schedule of assumptions Expected volatility 97.04 Weighted-average volatility 216.98 Expected dividends 0 Expected term (in years) 5 Risk-free interest rate 1.26 The warrants issued in 2021 are exercisable at an exercise price equal to the lower of (x) $2.75 per share and (y) the price of the common stock of the Company in a Qualified Offering (as defined in the Note Agreement at Note 6), subject to adjustment as described below, and the Warrants are exercisable for five years after the issuance date. The Warrants are exercisable for cash at any time and are exercisable on a cashless basis at any time there is no effective registration statement registering the shares of common stock underlying the Warrants. The exercise price of the Warrants is subject to adjustment in the event of certain stock dividends and distributions, stock splits, stock combinations, reclassifications or similar events affecting the common stock and also upon any distributions of assets, including cash, stock or other property to the Company’s stockholders. The exercise price of the Warrants is also subject to “full ratchet” price adjustment if the Company issues common stock or equivalents at a price per share lower than the then-current exercise price of the Warrant, as described above for the conversion price of the Note (see Note 6) Stock-option plan On May 21, 2021, the shareholders of the Company approved the Company’s 2021 Equity Incentive Plan (the “2021 Plan”). The purposes of the 2021 Plan are to (a) enable the Company to attract and retain the types of employees, consultants and directors who will contribute to the Company’s long-term success; (b) provide incentives that align the interests of employees, consultants, and directors with those of the shareholders of the Company; and (c) promote the success of the Company’s business. The persons eligible to receive awards are the employees, consultants, and directors of the Company and such other individuals designated by the 2021 Plan’s administrative committee (the Committee) who are reasonably expected to become employees, consultants, and directors after the receipt of Awards. Awards that may be granted under the Plan include: (a) Incentive Stock Options, (b) Non-qualified Stock Options, (c) Stock Appreciation Rights, (d) Restricted Awards, € Performance Share Awards, (f) Cash Awards, and (g) Other Equity-Based Awards. 3,000,000 shares are available for issuance under the 2021 Plan. The shares available for issuance may be increased annually by the lesser of four percent (4%) of the number of shares of common stock issued and outstanding on the immediately preceding December 31 or such number of shares of common stock as determined by the Committee no later than the immediately preceding December 31. As of December 31, 2021 and 2020, the Company did no

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Income Taxes	10. Income Taxes Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of the Company's deferred tax assets as of December 31, 2021 and 2020 are summarized below. Schedule of deferred income taxes December 31, 2021 2020 Net operating loss carryforwards - Foreign $ 18,580,000 $ 1,879,000 Net operating loss carryforwards - U.S. 2,316,000 421,000 20,896,000 2,300,000 Valuation allowance (20,896,000 ) (2,300,000 ) Net deferred tax assets $ – $ – In assessing the potential realization of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will be realized. The ultimate realization of deferred tax assets is dependent upon the Company attaining future taxable income during the periods in which those temporary differences become deductible. As of December 31, 2021 and 2020, management was unable to determine if it is more likely than not that the Company’s deferred tax assets will be realized and has therefore recorded an appropriate valuation allowance against deferred tax assets at such dates. No U.S. federal tax provision has been provided for Gaming US for the years ended December 31, 2021 and 2020 due to the losses incurred during such periods. The reconciliation below presents the difference between the income tax rate computed by applying the U.S. federal statutory rate and the effective tax rate for the years ended December 31, 2021 and 2020. Schedule of effective income tax Years Ended December 31, 2021 2020 U. S. federal statutory tax rate ( 21.0 ( 21.0 Difference between U.S. and U.K. tax rates 2.0% 2.0% Change in valuation allowance 19.0% 19.0% Effective tax rate 0.0% 0.0% The Company's United Kingdom subsidiary is subject to the income tax laws of the United Kingdom. The corporate tax rate in the United Kingdom is 19% on income reported in its statutory financial statements, after appropriate tax adjustments, for the fiscal years commencing April 1, 2017, 2018, 2019, and 2020 and 18% for the fiscal year commencing April 1, 2020. At December 31, 2021, the Company has available net operating loss carryforwards for U.S. federal and United Kingdom corporate income tax purposes of approximately $ 6,995,000 4,228,000

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	11. Commitments and Contingencies Canelo Sponsorship Agreement On April 14, 2021, we entered into a Sponsorship Agreement (the “Canelo Agreement”) with SA Holiday, Inc. (“Holiday”), owner of the personality rights of champion professional boxer Saul Alvarez Barragan, or “Canelo,” in connection with a promotional campaign for the Corporation to sponsor a prize fight and certain other activities of Canelo, and for Canelo to promote the Corporation’s “VALE” brand and create certain promotional materials in connection therewith for the Corporation’s use in the United States, Latin America and certain countries in the Caribbean. Pursuant to the Canelo Agreement we paid to Holiday a cash fee of US$ 1,600,000 Playboy License Agreement On May 19, 2021, we entered into a non-exclusive license agreement with Playboy Enterprises International, Inc. (“Playboy”) to use certain trademarks (including the rabbit head logo) and other intellectual property of Playboy on and in connection with the design, creation, promotion, marketing, advertisement, sales, operation, maintenance and distribution in India of real-money game mobile apps, such as rummy, poker, fantasy sports and other games of skill approved by Playboy. We will pay Playboy as a royalty a percentage of net gaming revenue. The term of the agreement is through the end of 2025, subject to early termination upon certain events of default, which include our failure to launch a Playboy-branded game in India by November 1, 2021, or to meet certain annual minimum net gaming revenue targets. The Playboy-branded game, https://www.playboyrummy.com/, was launched on November 1, 2021. Stock Split On October 20, 2021, our Board approved resolutions (i) authorizing a reverse stock split of the outstanding shares of our common stock in the range from 1-for-2 to 1-for-8, and providing authority to our Board to determine whether to effect a reverse stock split and, if so to select the ratio of the reverse stock split in their discretion, and (ii) to increase the number of our authorized shares of common stock from 45,000,000 to 400,000,000 On January 14, 2022, the holders of a majority of the issued and outstanding voting shares of the Company, as of the record date of October 20, 2021 by written consent in lieu of a special meeting of stockholders, approved an amendment to the Company’s Certificate of Incorporation to (i) effect a reverse stock split of our common stock, by a ratio of not less than 1-for-2 and not more than 1-for-8, our Board of Directors . These matters were authorized by the holders of 17,640,947 shares, or approximately 56% of the outstanding voting power, without including any consents that may be received by the Company after that date The Company anticipates filing a certificate of amendment to affect a reverse stock split, if any, and the authorized share increase with the Secretary of State of Delaware prior to the anticipated listing of its common stock and warrants on the Nasdaq Capital Market and such actions being effective on, or just before, the date the common stock is listed to the Nasdaq Capital Market. The Company will need to take the necessary steps to meet Nasdaq listing requirements, which may include a reverse stock split, and there is no assurance that our common stock will be approved for listing on Nasdaq. Contingencies The Company may be subject to legal proceedings from time to time as part of its business activities. As of December 31, 2021 and 2020, the Company was not subject to any threatened or pending legal actions or claims. Contractual Commitments The Company has retained Julian Parge as a consultant to Gaming UK, at the request and under the sole discretion of Gaming UK, at the rate of $11,463 (equivalent to 8,333£) per week up to a maximum of $137,560 (equivalent to 100,000£) per annum In August 2021, the Company entered into an agreement with a production company to produce digital videos and promotional spots for its vale.mx brand. The Company is obligated to pay $ 600,000 In September 2021, the Company entered into a contract with a service provider for brand awareness and social media campaigns. The service provider will be paid a monthly retainer $50,157 for the term of the agreement, which runs through February 2022. The Company has agreed to spend $1,750,000 during the term of the agreement for the placement of advertisements on various social media platforms, which will be spent in two phases. Phase 1 began upon execution of the agreement and Phase II was to begin upon the completion of a capital raise in excess of $5,000,000 from an underwritten public offering in the United States and the listing of the Company’s common stock on a U.S. national securities exchange. The Company has paid the service provider $500,000 towards the advertising obligation during the year ended December 31, 2021, which is included in advertising and marketing expenses. The parties have agreed to abandon Phase II and the contract was not renewed. Impact of COVID-19 on the Company The global outbreak of COVID-19 has led to severe disruptions in general economic activities, as businesses and governments have taken broad actions to mitigate this public health crisis. Although the Company has not experienced any significant disruption to its business to date, these conditions could significantly negatively impact the Company's business in the future. The extent to which the COVID-19 outbreak ultimately impacts the Company's business, future revenues, results of operations and financial condition will depend on future developments, which are highly uncertain and cannot be predicted, including, but not limited to, the duration and spread of the outbreak, its severity and longevity, the actions to curtail the virus and treat its impact (including an effective vaccine), and how quickly and to what extent normal economic and operating conditions can resume. Even after the COVID-19 outbreak has subsided, the Company may be at risk of experiencing a significant impact to its business as a result of the global economic impact, including any economic downturn or recession that has occurred or may occur in the future. Currently, capital markets have been disrupted by the crisis, as a result of which the availability, amount and type of financing available to the Company in the near future is uncertain and cannot be assured and is largely dependent upon evolving market conditions and other factors. The Company intends to continue to monitor the situation and may adjust its current business plans as more information and guidance become available.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2021
Subsequent Events [Abstract]
Subsequent Events	12. Subsequent Events We failed to make interest payments on our 10% Original Issue Discount Senior Secured Convertible Note in the principal amount of $1,666,666.67 that were due in February and March 2022, in the amount of $13,889 each, and may not be able to make the interest payments due in April of $13,889 and subsequently. The holder has agreed to extend the due dates of the payments that were due in February and March 2022 to April 18, 2022, and to waive any resulting default until such date. However, there can be no assurance that we will be able to raise additional capital to enable us to make such payments by such date, or future payments that come due.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The accompanying consolidated financial statements of the Company have been prepared in accordance with United States generally accepted accounting principles ("GAAP") and include the financial statements of Gaming US and its wholly-owned foreign subsidiary, Gaming UK. Intercompany balances and transactions have been eliminated in consolidation.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of expenses during the reporting period. Management bases its estimates on historical experience and on various assumptions that are believed to be reasonable in relation to the financial statements taken as a whole under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Management regularly evaluates the key factors and assumptions used to develop the estimates utilizing currently available information, changes in facts and circumstances, historical experience and reasonable assumptions. After such evaluations, if deemed appropriate, those estimates are adjusted accordingly. Actual results could differ from those estimates. Significant estimates are expected to include those related to assumptions used in calculating accruals for potential liabilities, valuing equity instruments issued for financing and services, and the realization of deferred tax assets.
Cash	Cash The Company maintains its cash balances with financial institutions with high credit ratings. The Company has not experienced any losses to date resulting from this practice. As of December 31, 2021 and 2020, the Company's cash balances by currency consisted of the following: Schedule of cash December 31, 2021 2020 GBP £ 90,467 £ 49,127 USD $ 284,410 $ 1,879,166 Cash balances in British Pounds are maintained in the United Kingdom and cash balances in United States Dollars are maintained in the United States.
Concentration of Risk	Concentration of Risk The Company may periodically contract with consultants and vendors to provide services related to the Company's business development activities. Agreements for these services may be for a specific time period or for a specific project or task. The Company did not have any agreements at December 31, 2021 or 2020.
Income Taxes	Income Taxes The Company accounts for income taxes under an asset and liability approach for financial accounting and reporting for income taxes. Accordingly, the Company recognizes deferred tax assets and liabilities for the expected impact of differences between the financial statements and the tax basis of assets and liabilities. The Company records a valuation allowance to reduce its deferred tax assets to the amount that is more likely than not to be realized. In the event the Company was to determine that it would be able to realize its deferred tax assets in the future in excess of its recorded amount, an adjustment to the deferred tax assets would be credited to operations in the period such determination was made. Alternatively, should the Company determine that it would not be able to realize all or part of its deferred tax assets in the future, an adjustment to the deferred tax assets would be charged to operations in the period such determination was made. Gaming UK is subject to taxation in the United Kingdom. As a foreign corporation, Gaming UK is not consolidated with Gaming US in the Company's U.S. federal tax filings. As the Company's net operating losses in the respective jurisdictions in which it operates have yet to be utilized, all previous tax years remain open to examination by the taxing authorities in which the Company currently operates. The Company had no The Company accounts for uncertainties in income tax law under a comprehensive model for the financial statement recognition, measurement, presentation and disclosure of uncertain tax positions taken or expected to be taken in income tax returns as prescribed by GAAP. The tax effects of a position are recognized only if it is "more-likely-than-not" to be sustained by the taxing authority as of the reporting date. If the tax position is not considered "more-likely-than-not" to be sustained, then no benefits of the position are recognized. As of December 31, 2021 and 2020, the Company had not recorded any liability for uncertain tax positions. In subsequent periods, any interest and penalties related to uncertain tax positions will be recognized as a component of income tax expense.
Revenue Recognition	Revenue Recognition The Company recognizes revenue in accordance with ASC Topic 606, Revenue From Contracts With Customers · Identification of the contract with a customer · Identification of the performance obligations in the contract · Determination of the transaction price · Allocation of the transaction price to the performance obligations in the contract · Recognition of revenue when, or as, the Company satisfies a performance obligation The Company operates an online betting platform allowing users to place wagers on casino games. Each wager placed by users create a single performance obligation for the Company to administer each event wagered. We report revenue on a net basis. Net gaming revenue is the aggregate of gaming wins and losses based on results of each event that customers wager bets on. Gross gaming revenue is split with our partners, whose share of gross gaming revenue is recorded as a reduction to net gaming revenue.
Cost of Revenue	Cost of Revenue Cost of revenue consists primarily of variable costs related to our contract with Big Bola. These include mainly (i) payment processing fees and chargebacks, (ii) product taxes, (iii) technology costs, (iv) revenue share / market access arrangements, and (v) feed / provider services. The Company incurs payment processing fees on user deposits, withdrawals and deposit reversals from payment processors (“chargebacks”). Chargebacks have not been material to date. Cost of revenue also includes expenses related to the distribution of our services, amortization of intangible assets and compensation of revenue associated personnel.
Stock-Based Compensation	Stock-Based Compensation The Company issues common stock and intends to issue stock options to officers, directors and consultants for services rendered. Options will vest and expire according to terms established at the issuance date of each grant. Stock grants, which are generally time vested, will be measured at the grant date fair value and charged to operations ratably over the vesting period. The fair value of stock options granted as stock-based compensation will be determined utilizing the Black-Scholes option-pricing model, and can be affected by several variables, the most significant of which are the life of the equity award, the exercise price of the stock option as compared to the fair market value of the common stock on the grant date, and the estimated volatility of the common stock. Estimated volatility will be based on the historical volatility of the Company's common stock over an appropriate calculation period, or, if not available, by reference to the volatility of a representative sample of comparable public companies. The risk-free interest rate will be based on the U.S. Treasury yield curve in effect at the time of grant. The fair market value of the common stock will be determined by reference to the quoted market price of the Company's common stock on the grant date, or, if not available, by reference to an appropriate alternative valuation methodology. The Company will recognize the fair value of stock-based compensation awards in general and administrative costs or in software development costs, as appropriate, in the Company's consolidated statements of operations. The Company will issue new shares of common stock to satisfy stock option exercises.
Comprehensive Income (Loss)	Comprehensive Income (Loss) Comprehensive income or loss is defined as the change in equity during a period from transactions and other events and circumstances from non-owner sources. Components of comprehensive income or loss, including net income or loss, unrealized gains or losses on available-for-sale securities, unrealized gains or losses on other financial investments, unrealized gains or losses on pension and retirement benefit plans, and foreign currency translation adjustments, are reported in the financial statements in the period in which they are recognized. Net income (loss) and other comprehensive income (loss) are reported net of any related tax effect to arrive at comprehensive income (loss). The Company's comprehensive income (loss) for the years ended December 31, 2021 and 2020 consists of foreign currency translation adjustments.
Earnings (Loss) Per Share	Earnings (Loss) Per Share The Company's computation of earnings (loss) per share ("EPS") includes basic and diluted EPS. Basic EPS is measured as the income (loss) attributable to common stockholders divided by the weighted average common shares outstanding for the period. Diluted EPS is similar to basic EPS but presents the dilutive effect on a per share basis of potential common shares (e.g., convertible notes payable, convertible preferred stock, warrants and stock options) as if they had been converted at the beginning of the periods presented, or issuance date, if later. Potential common shares that have an anti-dilutive effect (i.e., those that increase income per share or decrease loss per share) are excluded from the calculation of diluted EPS. Loss per common share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the respective periods. At December 31, 2021 and 2020, the Company excluded warrants to acquire 1,540,141 and 90,000, respectively, shares of common stock from its calculation of loss per share as their effect would be antidilutive. Basic and diluted loss per common share is the same for all periods presented because the aforementioned warrants were antidilutive.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The authoritative guidance with respect to fair value established a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three levels and requires that assets and liabilities carried at fair value be classified and disclosed in one of three categories, as presented below. Disclosure as to transfers in and out of Levels 1 and 2, and activity in Level 3 fair value measurements, is also required. Level 1. Observable inputs such as quoted prices in active markets for an identical asset or liability that the Company has the ability to access as of the measurement date. Financial assets and liabilities utilizing Level 1 inputs include active-exchange traded securities and exchange-based derivatives. Level 2. Inputs, other than quoted prices included within Level 1, which are directly observable for the asset or liability or indirectly observable through corroboration with observable market data. Financial assets and liabilities utilizing Level 2 inputs include fixed income securities, non-exchange-based derivatives, mutual funds, and fair-value hedges. Level 3. Unobservable inputs in which there is little or no market data for the asset or liability which requires the reporting entity to develop its own assumptions. Financial assets and liabilities utilizing Level 3 inputs include infrequently-traded non-exchange-based derivatives and commingled investment funds and are measured using present value pricing models. The Company will determine the level in the fair value hierarchy within which each fair value measurement falls in its entirety, based on the lowest level input that is significant to the fair value measurement in its entirety. In determining the appropriate levels, the Company will perform an analysis of the assets and liabilities at each reporting period end. The carrying value of financial instruments (consisting of cash and accounts payable and accrued expenses) is considered to be representative of their respective fair values due to the short-term nature of those instruments. The carrying value of our notes payable approximates their fair value because interest rates on these obligation are based upon prevailing interest rates.
Property and Equipment	Property and Equipment Property and equipment is recorded at cost. Major improvements are capitalized, while maintenance and repairs that do not improve or extend the useful life of the respective assets are charged to expense as incurred. Gains and losses from disposition of property and equipment are included in income and expense when realized. Depreciation of property and equipment is provided using the straight-line method over an estimated useful life of three years. The Company recognizes depreciation of property and equipment in general and administrative costs in the Company's consolidated statement of operations.
Leases	Leases The Company accounts for leases in accordance with Accounting Standards Update 2016-02, Leases (Topic 842) ("ASU 2016-02"), which requires a lessee to record a right-of-use asset and a corresponding lease liability at the inception of the lease initially measured at the present value of the lease payments. ASU 2016-02 requires recognition in the statement of operations of a single lease cost that is calculated as a total cost of the lease allocated over the lease term, generally on a straight-line basis. ASU 2016-02 excludes short-term operating leases with a lease term of 12 months or less at the commencement date, and that do not include an option to purchase the underlying asset that the lessee is reasonably certain to exercise.
Software Development Costs	Software Development Costs Due to the significant uncertainty with respect to the successful development of commercially viable products based on Company's development efforts, all software development costs incurred with respect to the Company's mobile gaming platform are charged to operations as incurred.
Intellectual Property	Intellectual Property Intellectual property, consisting of software, is recorded at cost. Amortization of intellectual property is provided using the straight-line method over an estimated useful life of three years. 3 The Company recognizes amortization of intellectual property in software development costs in the Company's consolidated statement of operations.
Long-Lived Assets	Long-Lived Assets The Company reviews long-lived assets, consisting of property and equipment and intellectual property, for impairment at each fiscal year end or when events or changes in circumstances indicate the carrying value of these assets may exceed their current fair values. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to the estimated undiscounted future cash flows expected to be generated by the asset. If the carrying amount of an asset exceeds its estimated future cash flows, an impairment charge is recognized for the amount by which the carrying amount of the asset exceeds the fair value of the assets. Assets to be disposed of are separately presented in the balance sheet and reported at the lower of the carrying amount or fair value less costs to sell and are no longer depreciated. The Company has not historically recorded any impairment to its long-lived assets. In the future, if events or market conditions affect the estimated fair value to the extent that a long-lived asset is impaired, the Company will adjust the carrying value of these long-lived assets in the period in which the impairment occurs. As of December 31, 2021 and 2020, the Company had no
Foreign Currency	Foreign Currency The accompanying consolidated financial statements are presented in United States dollars ("USD"). The functional currency of Gaming UK, the Company's foreign subsidiary, is the British Pound (“GBP”), the local currency in the United Kingdom. Accordingly, assets and liabilities of the foreign subsidiary are translated at the current exchange rate at the end of the period, and revenues and expenses are translated at average exchange rates during the years ended December 31, 2021 and 2020. The resulting translation adjustments are recorded as a component of shareholders' equity (deficiency). Gains and losses from foreign currency transactions are included in net income (loss). Translation of amounts from the local currencies of the foreign subsidiary, Gaming UK, into USD has been made at the following exchange rates for the respective periods: Foreign currency exchange rates table As of and for the Years Ended 2021 2020 Period-end GBP to USD1.00 exchange rate 1.3498 1.3652 Period-average GBP to USD1.00 exchange rate 1.3756 1.2825
Recent Accounting Pronouncements	Recent Accounting Pronouncements In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments ("ASU 2016-13"). ASU 2016-13 significantly changes how entities measure credit losses for most financial assets, including accounts and notes receivables. ASU 2016-13 will replace the current "incurred loss" approach with an “expected loss” model, under which companies will recognize allowances based on expected rather than incurred losses. Entities will apply the provisions of ASU 2016-13 as a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which ASU 2016-13 is effective. As small business filer, ASU 2016-13 will be effective for the Company for interim and annual reporting periods beginning after December 15, 2022. Management is currently in the process of assessing the impact of adopting ASU-2016-13 on the Company's financial statements and related disclosures. In August 2020, the FASB issued ASU 2020-06, Debt — Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity (“ASU 2020-06). ASU 2020-06 simplifies the accounting for convertible debt by eliminating the beneficial conversion and cash conversion accounting models. Upon adoption of ASU 2020-06, convertible debt proceeds, unless issued with a substantial premium or an embedded conversion feature that is not clearly and closely related to the host contract, will no longer be allocated between debt and equity components. This modification will reduce the issue discount and result in less non-cash interest expense in financial statements. ASU 2020-06 also updates the earnings per share calculation and requires entities to assume share settlement when the convertible debt can be settled in cash or shares. ASU 2020-06 will be effective January 1, 2024, and a cumulative-effect adjustment to the opening balance of retained earnings is required upon adoption. Early adoption is permitted, but no earlier than January 1, 2021, including interim periods within that year. The Company adopted ASU 2020-06 effective January 1, 2021. The adoption of ASU 2020-06 did not have any impact on the Company’s previously issued consolidated financial statement presentation or disclosures. Other recent accounting pronouncements issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company's present or future consolidated financial statements and related disclosures.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Schedule of cash	Schedule of cash December 31, 2021 2020 GBP £ 90,467 £ 49,127 USD $ 284,410 $ 1,879,166
Foreign currency exchange rates table	Foreign currency exchange rates table As of and for the Years Ended 2021 2020 Period-end GBP to USD1.00 exchange rate 1.3498 1.3652 Period-average GBP to USD1.00 exchange rate 1.3756 1.2825

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Schedule of property and equipment	Schedule of property and equipment December 31, 2021 2020 Computer and office equipment $ 36,194 $ 27,307 Less accumulated depreciation (28,801 ) (18,804 ) Computer and office equipment, net $ 7,393 $ 8,503

Intellectual Property (Tables)

Intellectual Property (Tables)	12 Months Ended
	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of intellectual property	Schedule of intellectual property December 31, 2021 2020 Finite lived assets - software $ 213,181 $ 208,032 Less accumulated amortization (197,887 ) (157,065 ) 15,294 50,967 Indefinite lived assets - internet domain names 164,415 – Intellectual property, net $ 179,709 $ 50,967
Schedule of future amortization of intellectual property	Schedule of future amortization of intellectual property 2022 $ 6,798 2023 6,798 2024 1,698 Total $ 15,294

Note Payable to Bank (Tables)

Note Payable to Bank (Tables)	12 Months Ended
	Dec. 31, 2021
Debt Disclosure [Abstract]
Schedule of debt maturities	Schedule of debt maturities Year ended December 31, Amount 2022 $ 12,850 2023 12,850 2024 12,850 2025 12,850 2026 7,509 Total payments 58,909 Less current portion 12,850 Debt maturity, noncurrent $ 46,059

Secured Convertible Note Paya_2

Secured Convertible Note Payable (Tables)	12 Months Ended
	Dec. 31, 2021
Debt Disclosure [Abstract]
Convertible note	Convertible note 2021 2020 Secured Convertible Note payable, including accreted amount $ 1,824,176 $ – Valuation discount (795,590 ) – Secured convertible Note, net $ 1,028,586 $ –

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2021
Related Party Transactions [Abstract]
Schedule of related party transactions	Schedule of related party transactions December 31, 2021 2020 Jason Drummond $ 589,368 $ 334,868 Julian Parge 103,170 82,226 Steven Plumb 36,219 – Total $ 728,757 $ 417,094

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2021
Equity [Abstract]
Schedule of warrant activity	Schedule of warrant activity Warrants Weighted Weighted Aggregate Outstanding on December 31, 2020 90,000 $ 2.50 3.90 $ – Granted 1,450,141 3.13 4.70 – Exercised – – – – Outstanding on December 31, 2021 1,540,141 $ 2.63 4.51 $ –
Schedule of assumptions	Schedule of assumptions Expected volatility 97.04 Weighted-average volatility 216.98 Expected dividends 0 Expected term (in years) 5 Risk-free interest rate 1.26

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Schedule of deferred income taxes	Schedule of deferred income taxes December 31, 2021 2020 Net operating loss carryforwards - Foreign $ 18,580,000 $ 1,879,000 Net operating loss carryforwards - U.S. 2,316,000 421,000 20,896,000 2,300,000 Valuation allowance (20,896,000 ) (2,300,000 ) Net deferred tax assets $ – $ –
Schedule of effective income tax	Schedule of effective income tax Years Ended December 31, 2021 2020 U. S. federal statutory tax rate ( 21.0 ( 21.0 Difference between U.S. and U.K. tax rates 2.0% 2.0% Change in valuation allowance 19.0% 19.0% Effective tax rate 0.0% 0.0%

Organization and Basis of Pre_2

Organization and Basis of Presentation (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net loss	$ 12,896,105	$ 7,211,817
Cash used in operating activities	8,036,300	924,917
Stockholders deficiency	1,972,722	(1,594,935)	$ (313,203)
Cash	$ 406,526	$ 1,946,232

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details - Cash) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Cash	$ 406,526	$ 1,946,232
United Kingdom, Pounds
Cash	90,467	49,127
United States of America, Dollars
Cash	$ 284,410	$ 1,879,166

Summary of Significant Accoun_5

Summary of Significant Accounting Policies (Details - Foreign Currency)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Accounting Policies [Abstract]
Translation rate at period end	1.3498	1.3652
Translation rate - period average	1.3756	1.2825

Summary of Significant Accoun_6

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Accounting Policies [Abstract]
Unrecognized tax benefits	$ 0	$ 0
Estimated useful life of intellectual property	3 years
Impairment of long-lived assets	$ 0	$ 0

Property and Equipment (Details

Property and Equipment (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Computer and office equipment	$ 36,194	$ 27,307
Less accumulated depreciation	(28,801)	(18,804)
Computer and office equipment, net	$ 7,393	$ 8,503

Property and Equipment (Detai_2

Property and Equipment (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Depreciation	$ 15,599	$ 8,943

Intellectual Property (Details

Intellectual Property (Details - Property) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Finite-Lived Intangible Assets [Line Items]
Intellectual property, gross	$ 213,181	$ 208,032
Less: accumulated amortization	(197,887)	(157,065)
Intellectual property, gross	15,294	50,967
Intellectual property, net	179,709	50,967
Internet Domain Name [Member]
Finite-Lived Intangible Assets [Line Items]
Indefinite lived assets - internet domain names	$ 164,415	$ 0

Intellectual Property (Detail_2

Intellectual Property (Details - Amortization) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization 2022	$ 6,798
Amortization 2023	6,798
Amortization 2024	1,698
Total amortization	$ 15,294	$ 50,967

Intellectual Property (Detail_3

Intellectual Property (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 38,202	$ 67,620

Note Payable to Bank (Details -

Note Payable to Bank (Details - Debt maturities)	Dec. 31, 2021USD ($)
Debt Disclosure [Abstract]
2022	$ 12,850
2023	12,850
2024	12,850
2025	12,850
2026	7,509
Total payments	58,909
Less current portion	12,850
Debt maturity, noncurrent	$ 46,059

Secured Convertible Note Paya_3

Secured Convertible Note Payable (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Debt Disclosure [Abstract]
Secured Convertible Note payable, including accreted amount	$ 1,824,176	$ 0
Valuation discount	(795,590)	0
Secured convertible Note, net	$ 1,028,586	$ 0

Note Payable to Bank (Details N

Note Payable to Bank (Details Narrative) - USD ($)	5 Months Ended	12 Months Ended
	Jun. 09, 2020	Dec. 31, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Debt face amount		$ 1,824,176
Note payable to bank current		12,850	$ 2,241
Bounce Back Loan Scheme [Member]
Debt Instrument [Line Items]
Debt face amount	$ 60,600
Debt maturity term	72 months
Debt interest rate	2.50%
Interest expense		1,090	851
Note payable to bank		58,909	64,982
Note payable to bank current		$ 12,850	$ 2,241
Bounce Back Loan Scheme [Member] | United Kingdom, Pounds
Debt Instrument [Line Items]
Debt face amount	$ 47,600

Secured Convertible Note Paya_4

Secured Convertible Note Payable (Details Narrative) - USD ($)	1 Months Ended	12 Months Ended
	Nov. 18, 2021	Dec. 31, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Gross proceeds from convertible debt		$ 1,500,000	$ 0
convertible note		1,824,176	0
Fair value of warrants recorded as debt discount		735,167	0
Amortization debt discount		106,244
Unamortized discount		795,590
Accretion on convertible note payable		157,509	$ 0
Face amount		$ 1,824,176
Convertible Notes Payable [Member]
Debt Instrument [Line Items]
Convertible note principal amount	$ 166,667
convertible note	901,834
Purchase Agreement [Member]
Debt Instrument [Line Items]
Gross proceeds from convertible debt	$ 1,500,000
Original issue discount	10.00%
Convertible note principal amount	$ 1,666,666
Warrants issued, shares	727,273
Conversion price	$ 2.75
Warrant exercise price	$ 2.75

Leases (Details Narrative)

Leases (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Leases [Abstract]
General and administrative expenses	$ 1,500	$ 1,704
Operating lease liability		$ 11,968

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Related Party Transaction [Line Items]
Related party costs and expenses	$ 728,757	$ 417,094
Jason Drummond [Member]
Related Party Transaction [Line Items]
Related party costs and expenses	589,368	334,868
Julian Parge [Member]
Related Party Transaction [Line Items]
Related party costs and expenses	103,170	82,226
Steven Plumb [Member]
Related Party Transaction [Line Items]
Related party costs and expenses	$ 36,219	$ 0

Related Party Transactions (D_2

Related Party Transactions (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Related Party Transaction [Line Items]
Salary and Wage, Excluding Cost of Good and Service Sold	$ 728,757	$ 417,094
Due to related parties	13,252	14,918
Jason Drummond [Member]
Related Party Transaction [Line Items]
Related party costs and expenses	330,144	334,868
Due to related parties	$ 13,252	$ 14,918

Stockholders' Equity (Details -

Stockholders' Equity (Details - Warrants) - Warrant [Member] - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Warrants Outstanding, Beginning	90,000
Weighted Average Exercise Price Outstanding, Beginning	$ 2.50
Weighted average remaining contractual life, outstanding	4 years 6 months 3 days	3 years 10 months 24 days
Aggregate intrinsic value, outstanding	$ 0
Number of Warrants Granted	1,450,141
Weighted Average Exercise Price Granted	$ 3.13
Weighted average remaining contractual life, granted	4 years 8 months 12 days
Aggregate intrinsic value, Granted
Number of Warrants Exercised	0
Weighted Average Exercise Price Exercised	$ 0
Aggregate intrinsic value, Exercised	$ 0
Number of Warrants Outstanding, Ending	1,540,141	90,000
Weighted Average Exercise Price Outstanding, Ending	$ 2.63	$ 2.50
Aggregate intrinsic value, outstanding		$ 0

Stockholders' Equity (Details_2

Stockholders' Equity (Details - Fair value assumptions)	12 Months Ended
	Dec. 31, 2021
Equity [Abstract]
Expected volatility	97.04%
Weighted-average volatility	216.98%
Expected dividends	0.00%
Expected term (in years)	5 years
Risk-free interest rate	1.26%

Stockholders' Equity (Details N

Stockholders' Equity (Details Narrative) - USD ($)

Feb. 03, 2021

Nov. 30, 2021

Nov. 18, 2021

Oct. 31, 2021

Oct. 20, 2021

Aug. 31, 2021

Feb. 28, 2021

Jan. 31, 2021

Nov. 06, 2020

Oct. 21, 2020

Nov. 25, 2020

Dec. 31, 2021

Dec. 31, 2020

Subsidiary, Sale of Stock [Line Items]

Fair value of warrants recorded as debt discount

$ 735,167

$ 0

Number of shares purchased

538,693

exercise price

$ 2.75

Warrant issued

$ 1,193,803

Options outstanding

0

0

Clear Financial Solutions [Member]

Subsidiary, Sale of Stock [Line Items]

Periodic payment

$ 10,000

Expiration

Aug. 16, 2022

Clear Financial Solutions [Member] | Mr Plumb [Member]

Subsidiary, Sale of Stock [Line Items]

Number of shares grant

30,000

Fair market value of the stock grant

$ 67,500

Common Stock [Member]

Subsidiary, Sale of Stock [Line Items]

Shares issued advertising campaign, shares

50,000

Shares issued advertising campaign, value

$ 112,500

Restricted Stock [Member]

Subsidiary, Sale of Stock [Line Items]

Stock issued for services, shares

65,800

Stock issued for services, value

$ 214,575

Warrant [Member]

Subsidiary, Sale of Stock [Line Items]

Number of shares acquired

184,175

90,000

Warrants granted

1,450,141

Exercise price

$ 2.63

$ 2.50

Purchase Agreement [Member]

Subsidiary, Sale of Stock [Line Items]

Exercise price

$ 2.75

Warrants issued, shares

727,273

Montrose Capital Partners [Member]

Subsidiary, Sale of Stock [Line Items]

Stock issued for services, shares

2,000,000

Stock issued for services, value

$ 5,000,000

Consultant [Member]

Subsidiary, Sale of Stock [Line Items]

Stock issued for services, shares

50,000

50,000

Stock issued for services, value

$ 125,000

$ 125,000

Consultant 3 [Member]

Subsidiary, Sale of Stock [Line Items]

Shares issued advertising campaign, shares

333,334

Term

1 year

Stock issued for services, shares

250,000

Stock issued for services, value

$ 625,000

Shares issued advertising campaign, value

$ 833,335

Initial non-refundable deposit

$ 20,000

Consultant 2 [Member]

Subsidiary, Sale of Stock [Line Items]

Term

1 year

Stock issued for services, shares

200,000

Stock issued for services, value

$ 500,000

Private Placement [Member]

Subsidiary, Sale of Stock [Line Items]

Number of shares sold

538,694

10,000

1,153,200

Share price

$ 2.50

Net proceeds from stock

$ 2,628,000

Payment for brokers

$ 255,000

Shares issued advertising campaign, shares

250,000

Number of shares acquired

90,000

Share price

$ 2.50

Proceed from sales stock

$ 1,539,825

$ 25,000

Term

5 years

Business Combination, Acquisition Related Costs

$ 210,927

Warrant purchase

40,175

Warrant exercise price

$ 3.25

Private Placement [Member] | Accreditedinvestors [Member] | Securities Purchase Agreement [Member]

Subsidiary, Sale of Stock [Line Items]

Number of shares sold

1,606,600

Proceed from sales stock

$ 4,016,500

Legal fees paid with issuance

360,000

Payment of stock issuance fees

$ 3,656,500

Warrants granted

144,000

Exercise price

$ 2.50

Term

5 years

Income Taxes (Details - Deferre

Income Taxes (Details - Deferred Taxes) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Net operating loss carryforwards - Foreign	$ 18,580,000	$ 1,879,000
Net operating loss carryforwards - U.S.	2,316,000	421,000
Total NOL carryforwards	20,896,000	2,300,000
Valuation allowance	(20,896,000)	(2,300,000)
Net deferred tax assets	$ 0	$ 0

Income Taxes (Details - Effecti

Income Taxes (Details - Effective tax rate)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
U. S. federal statutory tax rate	21.00%	21.00%
Difference between U.S. and U.K. tax rates	2.00%	2.00%
Change in valuation allowance	19.00%	19.00%
Effective tax rate	0.00%	0.00%

Income Taxes (Details Narrative

Income Taxes (Details Narrative)	Dec. 31, 2021USD ($)
Domestic Tax Authority [Member]
Operating Loss Carryforwards [Line Items]
Net operating loss carryforward	$ 6,995,000
Foreign Tax Authority [Member]
Operating Loss Carryforwards [Line Items]
Net operating loss carryforward	$ 4,228,000

Commitments and Contingencies (

Commitments and Contingencies (Details Narrative) - USD ($)	Jan. 14, 2022	Dec. 31, 2021	Dec. 31, 2020	Oct. 20, 2021	Aug. 31, 2021
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Advertising and marketing		$ 5,693,017	$ 0
Authorized sgares increased				400,000,000
Obligated payment					$ 600,000
Julian Parge [Member] | Gaming Uk [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Contractual obligation		The Company has retained Julian Parge as a consultant to Gaming UK, at the request and under the sole discretion of Gaming UK, at the rate of $11,463 (equivalent to 8,333£) per week up to a maximum of $137,560 (equivalent to 100,000£) per annum
Subsequent Event [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Common stock voting rights	These matters were authorized by the holders of 17,640,947 shares, or approximately 56% of the outstanding voting power, without including any consents that may be received by the Company after that date
Canelo Sponsorship Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Advertising and marketing		$ 1,600,000