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SEGMENT REPORTING (Tables)
12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
SCHEDULE OF SEGMENT REPORTING INFORMATION

Segment information available with respect to these reportable business segments was as follows:

 

         
   For the Year Ended
December 31,
 
   2021   2020 
Revenues:        
Gaming  $14,267,735   $18,745,166 
Esports   807,795    300,363 
Total Revenues  $15,075,530   $19,045,529 
           
Gross Profit:          
Gaming  $7,226,156   $12,438,584 
Esports   320,219    11,073 
Total Segment and Consolidated Gross Profit  $7,546,375   $12,449,657 
           
Income (Loss) From Operations:          
Gaming  $(33,802,804)  $508,461
Esports   (723,854)   (507,314)
Total Segment and Consolidated Income (Loss) From Operations  $(34,526,658)  $1,147 
           
Depreciation and Amortization:          
Gaming  $1,774,072   $718,873 
Esports   11,002    1,306 
Total Segment Depreciation and Amortization  $1,785,074   $720,179 
           
Interest Expense:          
Gaming  $(504,156)  $(717,498)
Esports   -    - 
Total Segment Interest Expense  $(504,156)  $(717,498)
           
Equity gain (loss) in Income:          
Gaming  $1,370,837   $- 
Esports   

-

    (70,792)
Total Segment Equity gain (loss) in Income  $1,370,837   $(70,792)
           
Expenditures for Additions to Long-Lived Assets:          
Gaming  $489,167   $126,432 
Esports   

265,135

    10,323 
Total Expenditures for Additions to Long-Lived Assets:  $

754,302

   $136,755 

 

   December 31, 2021   December 31, 2020 
Segment Total Assets:          
Gaming  $47,511,471   $17,377,993 
Esports   3,191,732    9,017 
Consolidated Total Assets  $50,703,203   $17,387,010