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Bullboard - Stock Discussion Forum Fansunite Entertainment Inc T.FANS

Alternate Symbol(s):  FUNFF

FansUnite Entertainment Inc. is a Canada-based global sports entertainment and gaming company. The Company is focused on the regulated and lawful sports betting affiliate market, which includes customer acquisition, retention, support, and reactivation. The Company, through its subsidiary, American Affiliate Co LLC (AmAff), is focused on covering both retail and digital customer activation for... see more

TSX:FANS - Post Discussion

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Post by thearab on Feb 08, 2022 6:33am

news

  • FansUnite’s (FANS) McBookie has begun the year with the second best month in its history
  • January 2022 produced a combined gross win across sportsbook and casino of C$465,000
  • Annual turnover in 2021 across both sportsbook and casino increased to $63.2M, up 69 per cent from $37.5M in 2020
  • McBookie is a U.K.-based bookmaker that offers an online sportsbook, casino and virtual games in the Scottish marketplace
  • FansUnite Entertainment is a global sports and entertainment company focused on the technology underlying regulated online gaming
  • FansUnite (FANS) closed unchanged trading at $0.395 per share

FansUnite’s (FANS) McBookie has begun the year with the second best month in its history.

January 2022 produced a combined gross win across sportsbook and casino of C$465,000.

Annual turnover in 2021 across both sportsbook and casino increased to $63.2M, up 69 per cent from $37.5M in 2020: sportsbook turnover increased 53 per cent from $14.7M to $22.5M, while casino turnover was up 79 per cent from $22.7M to $40.6M.

Gross win across both channels increased by 49 per cent from $1.9M in 2020 to $2.8M in 2021.

Gross margin was up from $0.71M in 2020 to $1.03M in 2021.

“McBookie continues to produce significant growth year after year and has positioned themselves as the go-to sportsbook for the Scottish sports audience,” said Scott Burton, CEO of FansUnite. “Kicking off 2022 with the second best month in the company’s 10-plus-year history, while seeing increases on both their casino and sportsbook turnover, is a credit to their leadership and a testament to the brand’s imprint on their region.”

McBookie is a U.K.-based bookmaker that offers an online sportsbook, casino and virtual games in the Scottish marketplace.

FansUnite Entertainment is a global sports and entertainment company focused on the technology underlying regulated online gaming.

FansUnite (FANS) closed unchanged trading at $0.395 per share.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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