Agoracom Blog Home

Posts Tagged ‘Score Media and Gaming Inc’

FansUnite Entertainment $FANS.ca $FUNFF Betting Platform Achieves Record Month With 433% Increase In Revenue And 713% Increase In Gross Margin Vs. October 2019 $SCR.ca $BRAG.ca $TNA.ca $FDM.ca $JJ.ca

Posted by AGORACOM-JC at 7:18 AM on Thursday, November 5th, 2020
  • UK Sportsbook set company records with triple-digit growth in multiple areas, led by a 433% increase in overall revenue compared to October 2019 and a total Gross win of $602K CAD during the month
  • Much of the growth was attributed to the unveiling of McBookie’s live casino games and increased activity in sports betting which resulted in $7.3M in total betting volume being placed during the month

Vancouver, British Columbia and Dundee, Scotland–(November 5, 2020) – FansUnite Entertainment Inc. (CSE: FANS) (OTC Pink: FUNFF) (“FansUnite” or the “Company”), a technology company providing leading online gaming solutions, is pleased to announce that its wholly owned subsidiary McBookie Ltd (“McBookie”) closed out October with the highest increase in monthly revenue and gross margin in the company’s 10-year history.

The UK Sportsbook set company records with triple-digit growth in multiple areas, led by a 433% increase in overall revenue compared to October 2019 and a total Gross win of $602K CAD during the month. Much of the growth was attributed to the unveiling of McBookie’s live casino games and increased activity in sports betting which resulted in $7.3M in total betting volume being placed during the month.

Casino Segment

McBookie’s new Live Casino product, encompassing multiple tables and variations of blackjack, roulette and baccarat, all with live real dealers, garnered substantial interest from online bettors.

During the month:

  • Betting volume (“Turnover”) was $5.1M CAD, an increase of 460% as compared to October 2019.
  • Gross Win was $197K CAD an increase of 679% as compared to October 2019.

Sports Segment

McBookie added new features, including ‘bet builder’, which enables online bettors to fully customize and build their bets across any number of markets, and instantly receive a price on their desired wager. The user-friendly feature combined with a full slate of English soccer fixtures and the Scottish National Soccer Team’s presence in the prestigious UEFA European Championship qualifiers, helped propel the company to new financial heights.

During the month:

  • Betting volume (“Turnover”) was $2.2M CAD, an increase of 188% as compared to October 2019.
  • Gross Win was $405K CAD, an increase of 363% as compared to October 2019.

“Despite the global pandemic, McBookie had a record-breaking month of growth in October and demonstrated how seasoned operators can not only pivot their business during challenging times but still produce results that propel their business to new heights,” said Scott Burton, CEO of FansUnite Entertainment. “With sports now starting to come back and new products in their casino offering, we have full faith that McBookie will establish themselves as the preeminent online betting platform in Scotland and expand their footprint throughout the highly sought after UK gambling industry.”

“We are very encouraged with the continued growth of the McBookie platform and continue to add new features to provide our customers with innovative solutions that will create a unique experience for them,” said Paul Petrie, founder and Director of McBookie. “With Serbia playing against Scotland in the European Championship Soccer Qualifiers, the US Masters beginning in two weeks and the Scottish Cup Final coming up in the next few months, sports are very much back in business and should see an increase in betting volume on our platform.”

About FansUnite Entertainment Inc.

FansUnite is a global sports and entertainment company, focusing on technology related to regulated and lawful online gaming and other related products. FansUnite has produced a one of a kind complete iGaming platform, Chameleon Gaming Platform, with a sports and esports focus geared for the next generation of online bettors and casino players. The platform includes products for pre-match betting, in-play betting, daily fantasy, content and a certified RNG to produce casino style chance games. The platform operates multiple B2C brands and B2B software for the online gambling industry. FansUnite also looks to acquire technology platforms and assets with high-growth potential in new or developing markets.

For further information, please contact:

Prit Singh Investor Relations at FansUnite
[email protected]
(905) 510-7636

Scott Burton Chief Executive Officer of FansUnite
[email protected]

Darius Eghdami President of FansUnite
[email protected]

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDERS HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

DISCLAIMER REGARDING FINANCIAL INFORMATION: The preliminary financial information set forth in this release has been prepared by management based on information currently available to the Company. Accordingly, such financial information may be subject to change. All financial information contained in this news release is qualified in its entirety with reference to the Company’s audited financial statements for the financial year ended December 31, 2020, which will be filed on SEDAR as required by applicable laws. While the Company does not expect there to be any material changes to the financial information presented in this news release, to the extent that it is inconsistent with the information contained in the Company’s audited financial statements for the financial year ended December 31, 2020, the financial information contained in this news release shall be deemed to be modified or superseded by the Company’s audited financial statements. The making of a modifying or superseding statement shall not be deemed an admission for any purposes that the modified or superseded statement, when made, constituted a misrepresentation for purposes of applicable securities laws.

FORWARD-LOOKING STATEMENTS: Certain information contained herein may constitute “forward-‎looking information” under Canadian securities legislation. Generally, forward-looking information can be ‎identified by the use of forward-looking terminology such as “believes,” “belief,” “expects,” “intends,” ‎‎”anticipates,” “potential,” “should,” “may,” “will,” “plans,” “continue” or similar expressions to be uncertain ‎and forward-looking. Forward-looking statements may include, without limitation, statements relating to ‎future outlook and anticipated events such as: the establishment of McBookie as a preeiminent online ‎betting platform; the expansion of McBookie throughout the UK gambling industry; the effect of upcoming ‎sporting events on betting volume on the McBookie platform; the ‎Company’s unique portfolio of assets; and discussion of future plans, projections, objectives, estimates ‎and forecasts and the timing related thereto. Forward-looking statements are based on the Company’s ‎estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the ‎actual results, level of activity, performance or achievements of FansUnite to be materially different from ‎those expressed or implied by such forward-looking statements or forward-looking information. Additional ‎information regarding the risks and uncertainties relating to the Company’s business are contained under ‎the heading “Risk Factors” in the Company’s Non-Offering Prospectus dated March 27, 2020 filed on its ‎issuer profile on SEDAR at www.sedar.com and risks related to global pandemics, including the novel ‎coronavirus (COVID-19) global health pandemic, and the spread of other viruses or pathogens and influence ‎of macroeconomic developments. Accordingly, readers should not place undue reliance on forward-looking ‎statements and forward-looking information. The forward-looking statements in this news release are made ‎as of the date of this release. FansUnite disclaims and does not undertake to update or revise any forward-‎looking statements or forward-looking information, whether as a result of new information, future events or ‎otherwise, except as required by applicable securities laws.‎

#ACMilan and #Casemiro push the button on new #Esports teams SPONSOR: FansUnite Entertainment $FANS.ca $FUNFF $SCR.ca $BRAG.ca $TNA.ca $FDM.ca $JJ.ca

Posted by AGORACOM-JC at 1:50 PM on Wednesday, November 4th, 2020

SPONSOR:  FansUnite Entertainment Inc (FANS:CSE) The global online gambling market could potentially hit $1 TRILLION by the end of this decade. FansUnite is well positioned to capitalize on this trend. The company has a full suite of B2B and B2C services and has facilitated over $350M in bets from its 300,000 registered users. The company has also signed with a leading online casino games aggregator to distribute its proprietary Random Number Generated (RNG) games to online casinos and sportsbooks in the European market which will see their RNG games available to over 120 online casino websites. Learn More.

AC Milan and Casemiro push the button on new esports teams

  • Serie A’s AC Milan has entered the esports with a strategic partnership with Italian organisation QLASH to form a new team that will be called AC Milanm QLASH
  • The new team will compete in both EA Sports’ FIFA 21 competitions as well as individual and team combat game Brawl Stars
  • Football links to esports is not just confined to clubs
  • Brazil and Real Madrid midfielder Carlos Henrique Casemiro has launched an esports team called CaseEsports

November 4 – Serie A’s AC Milan has entered the esports with a strategic partnership with Italian organisation QLASH to form a new team that will be called AC Milanm QLASH.

The new team will compete in both EA Sports’ FIFA 21 competitions as well as individual and team combat game Brawl Stars.

QLASH already has players in both games and AC Milan QLASH will debut at the Brawl Stars World Finals later this month. Paris St Germain, who have expanded their esports activity beyond the football video game platforms, will also be at the Brawl Stars finals.

Casemiro strikes

Football links to esports is not just confined to clubs. Brazil and Real Madrid midfielder Carlos Henrique Casemiro has launched an esports team called CaseEsports.

His team will play on the Counter-Strike: Global Offensive game platform and already has a number of players signed up who will be based in a gaming house in Madrid.

Casimiro has already lined up a number of sponsors for CaseEsports including gaming chair maker Drift, HyperX, Spanish glasses maker Hawkers, and BŮH.

The team will debut officially in the upcoming DreamHack  Open qualifiers in December.

Source: http://www.insideworldfootball.com/2020/11/04/ac-milan-casemiro-push-button-new-esports-teams/

How Has #COVID-19 Impacted #Esports and Its Technology Needs? SPONSOR: FansUnite Entertainment $FANS.ca $FUNFF $SCR.ca $BRAG.ca $TNA.ca $FDM.ca $JJ.ca

Posted by AGORACOM-JC at 6:21 PM on Wednesday, October 28th, 2020

SPONSOR:  FansUnite Entertainment Inc (FANS:CSE) The global online gambling market could potentially hit $1 TRILLION by the end of this decade. FansUnite is well positioned to capitalize on this trend. The company has a full suite of B2B and B2C services and has facilitated over $350M in bets from its 300,000 registered users. The company has also signed with a leading online casino games aggregator to distribute its proprietary Random Number Generated (RNG) games to online casinos and sportsbooks in the European market which will see their RNG games available to over 120 online casino websites. Learn More.

How Has COVID-19 Impacted Esports and Its Technology Needs?

  • When COVID-19 halted traditional sports events in March, the esports industry quickly pivoted and offered virtual entertainment with professional traditional sports players in various events, from the Madden NFL Invitational to NASCAR’s virtual racing, which became the highest-rated televised esports event ever.
  • Esports is a rapidly growing industry, with $4.5 billion of investments in 2018, up from the $490 million in 2017, according to Deloitte. Industry revenue is expected to reach $1.6 billion by 2023, per a Newzoo figure on Statista (see below).

by Meghan Perkins

 

Newzoo © Statista 2020

While traditional sports are now beginning to return, esports is not going anywhere. Unsurprisingly, it maintained its momentum and even increased its audience through online streaming options during quarantine. In March alone, Twitch’s viewership increased 10% and YouTube Gaming by 15%, according to a VentureBeat graphic on Statista. Furthermore, Twitch’s number of active users jumped from 4 million earlier this year to 7.5 million by September (see below figure). TwitchTracker © Statista 2020

With such a leap in engagement, gamers, professional teams, and collegiate programs are evaluating their AV technology and remote production investments or risk getting left behind.

“COVID-19 has changed the game. Instead of these massive venues, the games are now happening completely remote. The demand for LED displays has been replaced with the need for better broadcast technology with remote capabilities,” states Jared Darensbourg, senior sales manager at Panasonic. “Instead of airing the broadcast on ABC or NBC, the production now streams live to Twitch, YouTube, or other social media platforms that encourage engagement.”

Gamers can use remote production technology to livestream every minute of gameplay while traditional sports announcers share live commentary. Studio-oriented cameras allow the audience to view both the gamer and announcer’s reactions in real-time, making it as dramatic as it would in-person.

“The ability to have high-quality, high-resolution cameras with zero latency is a big component when it comes to gaming or producing games,” notes Darensbourg. “The time between when an action happens on your screen to when you see it on your active display is critical. That fast network as well as 4K content improves the audience experience.”

Socially distanced events could utilize projectors and displays to showcase stats and highlights to recreate the energy of live competitions with in-person audiences. Cameras to pan the arena and feature individual players can also enhance visuals for at-home viewers.

Thus, the demand for broadcast cameras with remote capabilities has increased. “Panasonic PTZ cameras have been successful in this online streaming transition because of its functionality, features, and control system,” says Hamid James, product manager at Panasonic. “The ability to output various resolutions is critical to its success. With PTZ cameras, esports venues and esports directors can pick and choose what format and quality they want to output to the end user, as well as have the flexibility to be able to output to those different social media and streaming platforms without needing any additional hardware.”

Remote esports tournaments could also further venture into virtual reality, which Riot Games has utilized in past opening ceremonies for the League of Legends World Championship, from an augmented reality dragon landing on the stadium to a holographic hip hop performance. “A 3D protocol outputs positioning data and allows you to use the PTZ camera in an AR/VR environment,” concludes James. “Much of gaming uses Unreal Engine, and the PTZ camera integrates directly with that platform via plugin. This is a crucial feature if you want to create a virtual environment because people can’t actually get there, or even just create an engaging experience moving forward.”

Source: https://www.livedesignonline.com/esports/how-has-covid-19-impacted-esports-and-its-technology-needs