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Fansunite Entertainment Inc FUNFF

FansUnite Entertainment Inc. is a Canada-based company. The Company is focused on exploring new business opportunities for the economic benefit of its shareholders.


GREY:FUNFF - Post by User

Post by thearabon Mar 07, 2022 11:17am
149 Views
Post# 34490629

Big News

Big News
ansUnite Granted License to Become Fully Registered Gaming Related Supplier in Ontario

 

07 Mar 202208:31 ET  

Newsfile Corp

 

Vancouver, British Columbia--(Newsfile Corp. - March 7, 2022) - FansUnite Entertainment Inc. (CSE: FANS) (OTCQX: FUNFF) ("FansUnite'' or the "Company"), is pleased to announce that the Company has received a Gaming Related Supplier - Manufacturer license from the Alcohol and Gaming Commission of Ontario ("AGCO"), allowing FansUnite to become a fully registered supplier of sports betting and internet gaming in Ontario, effective April 4, 2022.

The Company will be able to provide leading betting solutions to AGCO-approved operators in Ontario's new online gaming market, which will be launched by iGaming Ontario, a subsidiary of AGCO, on April 4, 2022.

"We are pleased to receive approval from the AGCO to operate as a sports betting and iGaming solutions supplier within Ontario," said Scott Burton, CEO of FansUnite. "As we scale our operations, we are focused on both the domestic and international markets. The gaming related supplier license will enable us to gain an early-mover advantage within the Canadian online gambling industry as a betting solutions provider for new sportsbooks and online casinos looking to enter the market. We look forward to continuing to work with iGaming Ontario in delivering cutting-edge betting solutions in compliance with AGCO regulations."

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, 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. The Company also provides technological solutions and services in the global gaming and entertainment industries. Its technology includes fixed/parimutuel odds, in-stream betting, live betting, casino-style games, cryptocurrency wallet and news content.

For further information, please contact:

Prit Singh, Investor Relations at FansUnite

ir@fansunite.com

(905) 510-7636

Scott Burton, Chief Executive Officer of FansUnite

scott@fansunite.com

Darius Eghdami, President of FansUnite

darius@fansunite.com

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

FORWARD-LOOKING INFORMATION:

This news release contains certain statements that may constitute forward-looking information under ?applicable securitie


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