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Non-controlling interest

9 Months Ended

Sep. 30, 2013

Noncontrolling Interest Disclosure [Text Block]

Note 8: Non-controlling interest

The Company has the following non-controlling interests:

	MGT Gaming		FanTD		MGTI		Total
Non-controlling interest at January 1, 2013	$	768	$	–	$	–	$	768
Acquisition of 63.12% of membership interest in FanTD		–		1,882		–		1,882
Acquisition of 51% of membership interest in MGTI		–		–		191		191
Non-controlling share of losses		(135)		(206)		(38)		(379)
Non-controlling interest at September 30, 2013	$	633	$	1,676	$	153	$	2,462

- Definition

The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock.

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