FANS:CC - FansUnite: Technology to Power a Multi-billion Dollar a Year Industry

2024-03-27 17:08:02 ET

Esports, sports betting, casino and the next generation of bettors

FansUnite is a sports and entertainment company. They are focused on technology related to regulated and lawful online sports betting as well as other related productions. Online gambling is already a 150 billion dollar a year industry globally with a Compound Annual Growth Rate of 8 percent. Further, the company is on a mission to be the iGaming industry leader. They aim to do so by providing their partners and players the industry's most versatile and vertically integrated platforms with a portfolio of unique products and focus on esports, sports betting, casino as well as the next generation of bettors.

FansUnite has three revenue streams: Business to Business, Business to Consumer, and online casino. Moreover, the company provides the technology that powers online betting sites around the world.

Well poised for the future

FanUnite currently has over 15 million dollars in the bank and are debt free. "We're in a good financial position right now. And really, it's put us in a position where we can start to look at some rapid growth," says CEO, Scott Burton. That being said, the company is hiring aggressively, adding licenses as well as ramping up mergers and acquisitions.

Since going public, FansUnite merged Askott Entertainment – developers of the esports iGaming platform, Chameleon and acquired McBookie – a Scottish focused sports book.

“Owning technology, having gaming licenses in place, having product in the market and generating revenue; we're competing against big players around the world,” says Burton.

For more information on FansUnite Entertainment Inc. (CSE: FANS, OTCQB: FUNFF) please click the request investor info button.