
	Weighted- Average Remaining Amortization Period	Gross Carrying Amount		Accumulated Amortization		Net
Amortized intangible assets:
Developed technology	4.4 years	$	590,231	$	(260,786)	$	329,445
Internally developed software	2.3 years	333,437		(166,456)		166,981
Gaming market access and licenses	8.4 years	221,479		(68,402)		153,077
Customer relationships	6.1 years	442,528		(192,055)		250,473
Trademarks, tradenames and other	5.9 years	46,253		(14,895)		31,358
		1,633,928		(702,594)		931,334
Indefinite-lived intangible assets:
Digital assets, net of impairment	Indefinite-lived	1,787		N/A		1,787
Intangible assets, net		$	1,635,715	$	(702,594)	$	933,121


	Weighted- Average Remaining Amortization Period	Gross Carrying Amount		Accumulated Amortization		Net
Amortized intangible assets:
Developed technology	4.4 years	$	422,900	$	(193,247)	$	229,653
Internally developed software	2.3 years	236,644		(108,169)		128,475
Gaming market access and licenses	10.6 years	218,760		(47,941)		170,819
Customer relationships	4.1 years	269,728		(127,862)		141,866
Trademarks and tradenames	3.3 years	37,674		(20,751)		16,923
		1,185,706		(497,970)		687,736
Indefinite-lived intangible assets:
Digital assets, net of impairment	Indefinite-lived	2,884		N/A		2,884
Intangible assets, net		$	1,188,590	$	(497,970)	$	690,620

During the years ended December 31, 2024, 2023, and 2022 the Company recorded amortization expense on intangible assets of $249.9 million, $180.9 million, and $150.6 million, respectively. Future cash flows associated with the Company’s intangible assets are not expected to be materially affected by its ability to renew or extend its arrangements.

The table below shows expected amortization expense for the next five years of intangible assets recorded as of December 31, 2024:


	Total
Balance as of December 31, 2022	$	886,373
Goodwill resulting from acquisitions	—
Balance as of December 31, 2023	$	886,373
Goodwill resulting from acquisitions	668,743
Balance as of December 31, 2024	$	1,555,116