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The sports and entertainment advisory firm will connect FansUnite with prominent U.S. betting brand partners
FansUnite Entertainment Inc. (CSE: FANS) (OTCQB: FUNFF) ("FansUnite" or the "Company") is pleased to announce that it has engaged SeventySix Capital Sports Advisory ("SSCSA"), a preeminent sports and entertainment consulting group, to assist the Company in advancing its sportsbook platform expansion in the United States.
SSCSA and its affiliated companies have an extensive network spanning some of the biggest brands within the sports and entertainment industry. With a deeply experienced team and a vast array of strategic partners, the team is uniquely poised to assist the Company with its mission.
By leveraging SSCSA's extensive network of key partners, FansUnite will be able to identify U.S. sports, esports media and other companies and brands that are looking for a betting platform partner to provide wagering services to its followers. A partnership with these brands will enable FansUnite to capitalize on their fanbase, which will further solidify the Company's footprint in the U.S. sports betting market. Furthermore, the Company will be able generate significant income through a revenue share model when it licenses its B2B online gambling solutions to these companies.
"Given the growing demand for sports and esports betting in North America, we are delighted to be working with the SeventySix Capital Sports Advisory team in securing more brand partnerships in the United States," said Scott Burton, CEO of FansUnite. "Their team has developed strong relationships with leading U.S. brands, which we can now partner with. This will enable us to continue expanding our operations in the highly lucrative U.S. online gambling market."
"We are extremely excited to assist FansUnite in its goal to replicate the success that they have experienced in other countries here in the United States," said Evan Davis, Managing Director of Sports Betting for SSCSA. "Scott and his team have built a terrific product and we're confident that with strategic brand partnerships in place, they will become a key player within the U.S. sports betting ecosystem."
About SeventySix Capital Sports Advisory
SeventySix Capital Sports Advisory is a sports consulting group of experts focused on bringing the emerging innovations and technology to sports executives, leagues, organizations and athletes. The Sports Advisory works side by side with these change makers across the evolving landscape of sports, including esports, sports betting, media and social responsibility.
About FansUnite Entertainment Inc.
FansUnite is a sports and entertainment company, focusing on technology related to regulated and lawful online gaming and other related products. The principal business is operating the FansUnite Sportsbook and the website of its wholly-owned subsidiary, McBookie Limited, offering online gaming services to the UK market. FansUnite is also a provider of technology solutions, products and services in the gaming and entertainment industry and 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
ir@fansunite.com
(905) 510-7636
Scott Burton, Chief Executive Officer of FansUnite
scott@fansunite.com
Darius Eghdami, President of FansUnite
darius@fansunite.com
James Santore, Manager, SeventySix Capital Sports Advisory
james@seventysixcapital.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 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 the efficacy of SSCSA services; exploitation of brands and securing brand partnerships; FansUnite's ability to fulfill technology needs with its platform; business development plans of FansUnite; 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/82862
