Segment Reporting and Geographic Information (Tables)

9 Months Ended

Sep. 30, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information by Segment

Segment Information

Three Months Ended September 30, 2024

	Gaming			Virtual Sports			Interactive			Leisure			Corporate Functions			Total
	(in millions)
Revenue:
Service	$	19.9		$	11.2		$	10.2		$	32.5		$	—		$	73.8
Product sales		3.4			—			—			0.8			—			4.2
Total revenue		23.3			11.2			10.2			33.3			—			78.0
Cost of sales, excluding depreciation and amortization:
Cost of service		(4.8	)		(0.5	)		(0.5	)		(14.9	)		—			(20.7	)
Cost of product sales		(2.3	)		—			—			(0.4	)		—			(2.7	)
Selling, general and administrative expenses		(6.7	)		(1.9	)		(2.8	)		(7.8	)		(10.4	)		(29.6	)
Stock-based compensation expense		(0.1	)		(0.1	)		(0.1	)		(0.2	)		(1.3	)		(1.8	)
Depreciation and amortization		(5.0	)		(1.3	)		(1.3	)		(3.1	)		(0.6	)		(11.3	)
Segment operating income (loss)		4.4			7.4			5.5			6.9			(12.3	)		11.9
Net operating income																$	11.9
Total capital and other long-lived intangible asset expenditures for the three months ended September 30, 2024	$	1.7		$	1.9		$	0.7		$	2.8		$	1.3		$	8.4

Three Months Ended September 30, 2023

	Gaming			Virtual Sports			Interactive			Leisure			Corporate Functions			Total
	(in millions)
Revenue:
Service	$	18.9		$	13.4		$	7.3		$	31.1		$	—		$	70.7
Product sales		26.2			—			—			0.6			—			26.8
Total revenue		45.1			13.4			7.3			31.7			—			97.5
Cost of sales, excluding depreciation and amortization:
Cost of service		(5.5	)		(0.2	)		(0.5	)		(15.2	)		—			(21.4	)
Cost of product sales		(26.2	)		—			—			(0.5	)		—			(26.7	)
Selling, general and administrative expenses		(5.1	)		(1.5	)		(2.1	)		(7.3	)		(7.6	)		(23.6	)
Stock-based compensation expense		(0.4	)		(0.2	)		(0.1	)		(0.2	)		(2.4	)		(3.3	)
Depreciation and amortization		(5.1	)		(0.7	)		(0.9	)		(3.0	)		(0.6	)		(10.3	)
Segment operating income (loss)		2.8			10.8			3.7			5.5			(10.6	)		12.2
Net operating income																$	12.2
Total capital and other long-lived intangible asset expenditures for the three months ended September 30, 2023	$	12.8		$	1.6		$	0.7		$	1.6		$	0.1		$	16.8

Nine Months Ended September 30, 2024

	Gaming			Virtual Sports			Interactive			Leisure			Corporate Functions			Total
	(in millions)
Revenue:
Service	$	56.4		$	35.3		$	27.7		$	77.3		$	—		$	196.7
Product sales		18.0			—			—			2.0			—			20.0
Total revenue		74.4			35.3			27.7			79.3			—			216.7
Cost of sales, excluding depreciation and amortization:
Cost of service		(15.7	)		(1.0	)		(1.6	)		(37.3	)		—			(55.6	)
Cost of product sales		(12.2	)		—			—			(0.8	)		—			(13.0	)
Selling, general and administrative expenses		(19.7	)		(5.5	)		(8.7	)		(23.1	)		(33.7	)		(90.7	)
Stock-based compensation expense		(0.5	)		(0.3	)		(0.3	)		(0.4	)		(4.2	)		(5.7	)
Depreciation and amortization		(12.7	)		(4.7	)		(3.7	)		(9.1	)		(1.6	)		(31.8	)
Segment operating income (loss)		13.6			23.8			13.4			8.6			(39.5	)		19.9
Net operating income																$	19.9
Total capital and other long-lived intangible asset expenditures for the nine months ended September 30, 2024	$	5.9		$	7.9		$	1.6		$	10.3		$	3.0		$	28.7

Nine Months Ended September 30, 2023

	Gaming			Virtual Sports			Interactive			Leisure			Corporate Functions			Total
	(in millions)
Revenue:
Service	$	58.9		$	43.3		$	19.9		$	73.6		$	—		$	195.7
Product sales		44.4			—			—			1.7			—			46.1
Total revenue		103.3			43.3			19.9			75.3			—			241.8
Cost of sales, excluding depreciation and amortization:
Cost of service		(17.9	)		(1.0	)		(1.2	)		(36.8	)		—			(56.9	)
Cost of product sales		(40.4	)		—			—			(1.4	)		—			(41.8	)
Selling, general and administrative expenses		(15.8	)		(4.8	)		(7.3	)		(21.0	)		(24.5	)		(73.4	)
Stock-based compensation expense		(1.1	)		(0.6	)		(0.4	)		(0.7	)		(6.5	)		(9.3	)
Depreciation and amortization		(14.2	)		(2.3	)		(2.5	)		(9.1	)		(1.7	)		(29.8	)
Segment operating income (loss)		13.9			34.6			8.5			6.3			(32.7	)		30.6
Net operating loss																$	30.6
Total capital and other long-lived intangible asset expenditures for the nine months ended September 30, 2023	$	17.3		$	3.2		$	2.3		$	10.6		$	1.6		$	35.0

Schedule of Geographic Information

Geographic Information

Geographic information for revenue is set forth below:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
	(in millions)				(in millions)
Total revenue
UK	$	60.5	$	79.8	$	164.5	$	190.6
Greece		5.3		5.2		16.0		16.1
Rest of world		12.2		12.5		36.2		35.1
Total	$	78.0	$	97.5	$	216.7	$	241.8

UK revenue includes revenue from customers headquartered in the UK, but whose revenue is generated globally.

Geographic information of our non-current assets excluding goodwill is set forth below:

	September 30, 2024		December 31, 2023
	(in millions)
UK	$	119.3	$	91.9
Greece		15.3		15.3
Rest of world		26.7		22.4
Total	$	161.3	$	129.6