Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2022

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Discontinued Operations

As a result of these transactions, the Company recorded a net gain on the sale and deconsolidation of SportBLX of $16.7 million for the year ended December 31, 2021, the components of which are described in the table below.

	(in millions)
Sale of proprietary code to S-BLX Securities	$	0.2
Gain on repurchase of SportBLX debt from FDC		1.4
Sale of SportBLX to FDC
Proceeds		0.1
Basis in SportBLX		1.3
Goodwill		(8.3	)
Non-controlling interest		22.0
Net gain on the sale and deconsolidation of SportBLX	$	16.7

Schedule of Key Components of Discontinued Operations

The key components of the results of discontinued operations were as follows:

	For the Years Ended December 31,
	2022		2021
	(In millions)
Net revenue	$	—	$	—
Operating expenses:
Selling, general and administrative		—		1.1
Restructuring and other		—		(0.6	)
Total operating expenses		—		0.5
Operating loss from discontinued operations		—		(0.5	)
Other expense:
Interest expense		—		(0.2	)
Total other expense		—		(0.2	)
Loss from discontinued operations, before income taxes		—		(0.7	)
Gain on sale and deconsolidation of discontinued business		—		16.7
Income tax		—		—
Income (loss) from discontinued operations, net of income taxes	$	—	$	16.0