The following discussion and analysis of our financial condition and results of operations should be read in conjunction with our unaudited financial statements and the notes thereto. This discussion and analysis may contain forward-looking statements based on assumptions about our future business.

The terms the "Company", "we", "us", "our" and similar terms refer to Empire Global Gaming, Inc.





In General


We presently sell our ancillary gaming products in the United States but contemplate selling and leasing our products worldwide.

We are controlled by two individuals (our President and Chief Financial Officer) who devote approximately 25 hours a week each of their time to the business of the Company.

Although the Company has obtained the license for the manufacturing, sale, marketing and licensing of the four roulette patents, and certain other patents, we have not yet applied to any State Gaming Commission(s) to seek approval to sell any of our products. The Company has not, as of yet, arranged for any lines of credit, and we have no commitments, written or oral, from officers, directors or shareholders to provide the Company with advances, loans or other funding for our operations.

Critical Accounting Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America required management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. On an on-going basis, we evaluate our estimates, based on historical experience, and various other assumptions that are believed to be reasonable 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. Actual results could differ from those estimates.

Liquidity and Capital Resources

We believe that the Company currently does not have the necessary working capital to support existing operations through 2020 since the Company has had minimal revenues and accumulated deficit of $1,175,125 through June 30, 2020. Our primary capital source will be loans from stockholders. We are seeking to develop and market the patented technologies, manufacture and sell gaming equipment that will generate cash from operations.

For the remainder of the fiscal year ending December 31, 2020, we anticipate incurring a loss as a result of continued expenses associated with compliance with the reporting requirements of the Securities Exchange Act of 1934.





Plan of Operations


During the remainder of the fiscal year ending December 31, 2020, we will continue with efforts to develop and market the patented technologies, a pick 3 lotto evaluation and analysis program, manufacture and sell gaming equipment that will generate cash from operations. We also plan to file all required periodic reports and to maintain our status as a fully-reporting company under the Exchange Act.

Based upon our current cash reserves, although we feel it will be adequate, we may not have adequate resources to meet our short term or long-term cash requirements. No specific commitments to provide additional funds have been made by management, the principal stockholders or other stockholders, and we have no current plans, proposals, arrangements or understandings with respect to the sale or issuance of additional securities. Accordingly, there can be no assurance that any additional funds will be available to us to allow us to cover our expenses.





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Three Months Ended June 30, 2020 compared to the Three Months Ended June 30, 2019

The following table summarizes the results of our operations during the three months ended June 30, 2020 and 2019, respectively, and provides information regarding the dollar and percentage increase or (decrease) from the current year's three month period to the prior year's three month period:





                                                  Three Months Ended:
                                 June 30,      June 30,
                                   2020          2019        Variance       Percentage
Revenue                          $       -     $       -     $       -             0.00 %
Operating expenses                  (1,124 )     (20,755 )      19,631           -94.58 %
Interest expense                    (2,979 )      (2,076 )        (903 )          43.50 %
Net loss                         $  (4,103 )   $ (22,831 )   $  18,728           -82.03 %

Loss per share of common stock $ (0.00 ) $ (0.00 ) $ 0.00

The variance between the net loss of $4,103 for the three months ended June 30, 2020 compared to the net loss of $22,831 for the same period in 2019 was primarily attributable to a decrease in professional fees of $19,026.

Six months ended June 30, 2020 compared to the Six Months Ended June 30, 2019

The following table summarizes the results of our operations during the six months ended June 30, 2020 and 2019, respectively, and provides information regarding the dollar and percentage increase or (decrease) from the current year's six month period to the prior year's six month period:





                                                   Six Months Ended:
                                 June 30,      June 30,
                                   2020          2019        Variance       Percentage
Revenue                          $       -     $       -     $       -             0.00 %
Operating expenses                  (9,912 )     (22,222 )      12,310           -55.40 %
Interest expense                    (5,757 )      (3,988 )      (1,769 )          44.36 %
Net loss                         $ (15,669 )   $ (26,210 )   $  10,541           -40.22 %

Loss per share of common stock $ (0.00 ) $ (0.00 ) $ 0.00

The variance between the net loss of $15,669 for the six months ended June 30, 2020 compared to the net loss of $26,210 for the same period in 2019 was primarily attributable to a decrease in professional fees of $11,324.





Commitment and Contingencies



None.


Off-Balance Sheet Arrangements

At June 30, 2020, we did not have any off-balance sheet arrangements as defined in Item 303(a)(4) of Regulation S-K that have had or are likely to have a material current or future effect on our financial statements.





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