Posted by AGORACOM
at 9:46 AM on Wednesday, March 17th, 2021
The partnership will launch prediction games for major live esports events
“The partnership with TGS Esports brings forth a new platform that will enable us to capture new opportunities within the fast-growing esports market,” said Scott Burton, CEO of FansUnite.
VANCOUVER, BC, March 17, 2021 /CNW/ – TGS Esports Inc. (“TGS” or the “Company”) (TSXV: TGS) (FRA: 5RH)) is pleased to announce that it has entered into a strategic partnership with FansUnite Entertainment Inc. (CSE: FANS) (OTCQB: FUNFF) (“FansUnite”), to launch live esports tournaments prediction games.
TGS All New Prediction Game (CNW Group/TGS Esports Inc)
TGS partners with organizations and brands to build and grow their esports communities via tournaments, broadcast production and events. Through the partnership, FansUnite will incorporate its technology solutions into TGS events to establish a new prediction platform where live audience predictions can be placed on multiple outcomes within every white-label esports event run by TGS. Viewers can make live predictions during TGS events for which they can win prizes if their selections are correct.
Esports revenue in 2020 was over $1 billion[1], excluding revenues from betting. TGS has built white-label esports experiences for over 15 brands, interacting with over 200,000 gamers and by offering prediction games, TGS is able to increase the level of engagement between fans and brands.
Additionally, the prediction games from the platform will be featured on TGS’ Pepper Esports platform which will enable all tournament organizers to offer predictions and rivalry challenges in their tournaments to their viewers.
“Live predictions is a feature our brand partners have been asking us to implement for a long time.” said Spiro Khouri, CEO of TGS Esports Inc. “By implementing FansUnite’s technology into our esports events TGS is able to increase the level of engagement between fans and brands.”
“The partnership with TGS Esports brings forth a new platform that will enable us to capture new opportunities within the fast-growing esports market,” said Scott Burton, CEO of FansUnite. “TGS collaborates with numerous esports event organizers who have a large following of enthusiastic esports gamers who like to participate in their events. Our online betting solutions coupled with TGS esports platform will enable us to attract a new and widening audience from these events.”
Posted by AGORACOM-JC
at 4:03 PM on Wednesday, March 10th, 2021
FansUnite Entertainment $FANS $FUNFF continues to live up to its name as the “Small Cap iGaming Super Company” by yet again announcing major news.
Specifically the company has filed applications for both Business-to-Business and Business-to-Consumer (gambling licenses, respectively with the U.K. Gambling Commission.
As part of FansUnite’s expansion strategy, the Company has applied for a remote gambling software license, which will unlock its suite of betting products to operators in the U.K. online gambling market. In addition, E.G.G. Ltd. has applied for a remote betting license which will permit it to deploy its B2C wagering platforms in the United Kingdom.
So sit back, relax and watch this powerful interview with Scott Burton, CEO of FansUnite Entertainment
Posted by AGORACOM
at 12:39 PM on Thursday, March 4th, 2021
The licenses will enable FansUnite to serve as a B2C gambling operator and a B2B technology provider in the U.K. marketplace
“By doing so, we will be in a position to advance our operations to capture market share in one of the most lucrative online betting markets in the world,” said CEO Scott Burton
Vancouver, British Columbia–(March 4, 2021) – FansUnite Entertainment Inc. (CSE: FANS) (OTCQB: FUNFF) (“FansUnite” or the “Company”) announced that its subsidiaries, Askott Entertainment (Malta) Limited and E.G.G. Ltd., have filed applications for both Business-to-Business (“B2B”) and Business-to-Consumer (“B2C”) gambling licenses, respectively with the U.K. Gambling Commission (“Gambling Commission”).
The U.K. Gambling Commission was set up under the Gambling Act 2005 to regulate commercial gambling in Great Britain in partnership with licensing authorities.
As part of FansUnite’s expansion strategy, the Company has applied for a remote gambling software license, which will unlock its suite of betting products to operators in the U.K. online gambling market. In addition, E.G.G. Ltd. has applied for a remote betting license which will permit it to deploy its B2C wagering platforms in the United Kingdom.
These applications represent a critical step for FansUnite to expand its operations to the U.K., a jurisdiction that is considered to be one of the largest gambling markets in the world.
“The U.K. gambling licenses are widely regarded as the gold standard for lawful gaming operations and we are pleased to have formally submitted our application with the commission,” said Scott Burton, Chief Executive Officer of FansUnite. “The first step to our expansion in the U.K. is to obtain the relevant licenses from the country’s Gambling Commission, which will allow us to license our betting solutions as well as operate our B2C betting platforms in the United Kingdom. By doing so, we will be in a position to advance our operations to capture market share in one of the most lucrative online betting markets in the world.”‘
Posted by AGORACOM
at 11:04 AM on Tuesday, March 2nd, 2021
A mix of leading companies and speakers from sectors such as healthcare, technology, and gaming will be participating at the 4th Annual Gravitas Growth Conference
The conference will not only give us the opportunity to share our story with a large audience that consists of institutional investors but also, enable us to promote the fast-growing online betting industry to the investment community,” said CEO Scott Burton
Vancouver, British Columbia–(Newsfile Corp. – March 2, 2021) – FansUnite Entertainment Inc. (CSE: FANS) (OTCQB: FUNFF) (“FansUnite” or the “Company”), is pleased to announce that it will participate in the 4th Annual Gravitas Growth Conference which will be hosted in-person at the Fairmont Pacific Rim Hotel in Downtown Vancouver, and virtually on March 4, 2021. The conference is expected to be attended by over 300 individuals.
The FansUnite management team which includes Chief Executive Officer, Scott Burton and President, Darius Eghdami will present at 1.10 PM PST at the one-day conference hosted by Gravitas Securities Inc. During the conference, they will also host individual investor meetings and presentations.
“We are honoured to be invited to present at the 4th Annual Gravitas Growth Conference,” said Scott Burton, Chief Executive Officer of FansUnite. “The conference will not only give us the opportunity to share our story with a large audience that consists of institutional investors but also, enable us to promote the fast-growing online betting industry to the investment community.”
Event Details
Date: Thursday, March 4, 2021 Time: 8.00 AM PST – 5.00 PM PST Venue: Held virtually, and in-person at the Fairmont Pacific Rim Hotel (limited capacity)
A mix of leading companies and speakers from various sectors such as healthcare, technology, and gaming to name a few, will be participating at the 4th Annual Gravitas Growth Conference. To register for the event, RSVP click here.
Posted by AGORACOM-JC
at 8:45 AM on Thursday, February 18th, 2021
Announce that, Bill C-218 was voted on and passed at second reading in the House of Commons on February 17, 2021.
The near unanimous vote demonstrated the huge level of support from all parties for single-event sports wagering in Canada.
Bill C-218, which would make it legal to bet on individual sports events, has passed its first vote in the House of Commons
Vancouver, British Columbia–(February 18, 2021) – FansUnite Entertainment Inc. (CSE: FANS) (OTCQB: FUNFF) (“FansUnite” or the “Company”) is pleased to announce that, Bill C-218 was voted on and passed at second reading in the House of Commons on February 17, 2021. The near unanimous vote demonstrated the huge level of support from all parties for single-event sports wagering in Canada.
Known as The Safe and Regulated Sports Betting Act, Bill C-218 repeals a section of Canada’s criminal code which makes wagering on a single sporting event illegal. The bill will now enter into the last phase of hearings with the Justice Committee before moving to the senate and then to Governor-General for Royal Assent.
“We are pleased to see the overwhelming support of legalizing single event sports betting in Canada in the Canadian House of Commons this week as it represents a major milestone for the entire industry,” said Scott Burton, CEO of FansUnite Entertainment. “With interest in legal sports betting growing in both Canada and the U.S., seeing a vote of 303-15 in a first vote in the House of Commons demonstrates the desire from several political parties to amend an outdated Canadian law.”
By providing a regulated and thorough framework for single sports betting in Canada, provincial jurisdictions will be in a better position to enable betting from consumers while generating new forms of tax revenue from outside operators looking to expand into the Canadian gambling ecosystem.
“As a gaming operator in regulated jurisdictions, we have sports betting companies around the globe that are currently utilizing our technology to enable their growth,” continued Mr. Burton. “With the advancement of Bill C-218, and our relationships with stakeholders here in Canada, we are in a favourable position to replicate our global gambling strategy and capture market share here on our own soil.”
Posted by AGORACOM-JC
at 8:12 AM on Wednesday, February 10th, 2021
Announced that the Company engaged the services of Ifrah Law PLLC, a prominent U.S. gaming law firm to collaborate with OneComply Inc. in assisting FansUnite with their U.S. licensing strategy.
Ifrah Law will guide FansUnite in navigating multiple state licenses in 2021, starting with New Jersey
Vancouver, British Columbia–(February 10, 2021) – FansUnite Entertainment Inc. (CSE: FANS) (OTCQB: FUNFF) (“FansUnite” or the “Company”) is pleased to announce that the Company engaged the services of Ifrah Law PLLC (“Ifrah Law”), a prominent U.S. gaming law firm to collaborate with OneComply Inc. (“OneComply”) in assisting FansUnite with their U.S. licensing strategy.
In response to the interest that FansUnite has received from U.S. gambling and casino operators for their sports betting and iGaming solutions, a founding member of Ifrah Law, Jeff Ifrah, will provide counsel to FansUnite on their rapid expansion strategy across the different U.S. jurisdictions beginning with New Jersey.
Jeff is an accomplished lawyer who is nationally ranked by Chambers USA in Gaming & Licensing Law given his reputation for legal excellence as well as his involvement with major prosecutions and lawsuits in the North American iGaming industry. Jeff’s expertise and extensive experience in the U.S. gaming landscape will be integral to FansUnite’s growth in the U.S. online gambling market as the Company seeks to acquire multiple state licenses in 2021, starting with the gaming license of New Jersey. In addition, Jeff has worked with OneComply on numerous occasions and therefore, his contribution will bolster OneComply’s efforts in streamlining the legal process for FansUnite’s entry into the U.S.
“Jeff and his team are a great addition to the global legal team that we have assembled to oversee the delivery of FansUnite’s offerings,” said Scott Burton, CEO of FansUnite. “With a long-standing career as a prominent attorney in gaming law, Jeff will accelerate our expansion into the highly complex U.S. betting and iGaming market.”
Posted by AGORACOM-JC
at 8:06 AM on Wednesday, February 3rd, 2021
GLI-19 and/or GLI-33 standards are recognized by multiple U.S. states and Canadian provinces
Signed an agreement with Gaming Laboratories International (“GLI”), to assess the Company’s online betting offerings for compliance and certification with GLI-19 Standards for Interactive Gaming Systems and GLI-33 Standards for Event Wagering Systems
GLI is the largest and most widely accepted independent testing laboratory for iGaming and is trusted by gaming regulators to certify sports wagering and land-based gaming products worldwide.
Vancouver, British Columbia–(February 3, 2021) – FansUnite Entertainment Inc. (CSE: FANS) (OTCQB: FUNFF) (“FansUnite” or the “Company”), through its subsidiary Askott Entertainment Inc., is pleased to announce it has signed an agreement with Gaming Laboratories International (“GLI”), to assess the Company’s online betting offerings for compliance and certification with GLI-19 Standards for Interactive Gaming Systems (“GLI-19 Standards”) and GLI-33 Standards for Event Wagering Systems (“GLI-33 Standards”). GLI is the largest and most widely accepted independent testing laboratory for iGaming and is trusted by gaming regulators to certify sports wagering and land-based gaming products worldwide.
With a presence in six continents, GLI provides high-quality compliance testing and certification services for gaming operators in over 480 jurisdictions worldwide. To complete GLI’s assessment, FansUnite will undergo world-class testing procedures for its leading iGaming and sports betting solutions such as the Chameleon Gaming Platform and Askott Entertainment’s suite of RNG games. The GLI-19 Standards and GLI-33 Standards certification will enable FansUnite to deliver its online gambling products to various States in the U.S. and Provinces in Canada that require gambling firms to be compliant with GLI standards. Any additional unique technical requirements that States and Provinces may require can be tested by GLI in parallel, making for the most efficient certification process and allowing for FansUnite to enter markets more expeditiously.
“We are pleased to announce that we are on track to complete regulatory procedures to distribute our wagering platforms within the North American market,” said Scott Burton, CEO of FansUnite. “Our focus is to expand rapidly in the U.S. and Canada, and therefore, we are committed to obtaining favorable assessments from GLI in order to deliver our solutions to an expanded North American gaming market.”
Posted by AGORACOM-JC
at 1:05 PM on Monday, January 11th, 2021
Completed its previously announced upsized and oversubscribed private placement of transferable special warrants of the Company for aggregate gross proceeds of $13,388,120
The Offering consisted of a brokered portion and a non-brokered portion for aggregate gross proceeds of $12,611,250 and $776,870, respectively.
Vancouver, British Columbia–(January 11, 2021) – FansUnite Entertainment Inc. (CSE: FANS) (OTCQB: FUNFF) (“FansUnite” or the “Company“), a technology company providing leading online gaming solutions, is pleased to announce that it has completed its previously announced upsized and oversubscribed private placement of transferable special warrants of the Company (“Special Warrants“) for aggregate gross proceeds of $13,388,120 (the “Offering“). The Offering consisted of a brokered portion (the “Brokered Private Placement“) and a non-brokered portion (the “Non-Brokered Private Placement“) for aggregate gross proceeds of $12,611,250 and $776,870, respectively. Pursuant to the Offering, a total of 21,420,992 Special Warrants, including an aggregate of 2,578,000 Special Warrants issued as a result of the exercise of the agent’s over-allotment option, were sold at a price per Special Warrant of $0.625 (the “Offering Price“).
The Brokered Private Placement was conducted by Gravitas Securities Inc., as lead agent and sole bookrunner (“Gravitas” or the “Lead Agent“) with a syndicate of agents including Haywood Securities Inc. and Mackie Research Capital Corporation (together with the Lead Agent, the “Agents“).
Each Special Warrant entitles the holder thereof to receive one unit of the Company (each, a “Unit“), without payment of additional consideration, with each Unit being comprised of one common share of the Company (a “Common Share“) and one half (1/2) of one transferable Common Share purchase warrant (each whole warrant, a “Warrant“). Each Warrant will entitle the holder thereof to acquire one Common Share (each, a “Warrant Share“) at an exercise price of $0.78 (“Warrant Exercise Price“) per Warrant Share for a period of 24 months following the closing of the Offering (the “Closing Date“).
Posted by AGORACOM-JC
at 9:23 AM on Thursday, December 17th, 2020
FansUnite Entertainment $FANS $FUNFF continues to live up to its name as the “Small Cap iGaming Super Company” by yet again announcing major news.
This time, all it did was make history by becoming the first EVER dedicated esports sportsbook in the United States, along with partner GameCo.
If that wasn’t enough, their originally announced $5M financing has now been upsized to $11,000,000, which should tell you how much demand this news has created.
Watch this amazing interview with $FANS CEO, Scott Burton.
