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Business
June 27, 2024
FansUnite Asks Shareholders to Approve $37.5M Sale of Betting Hero to GeoComply
FansUnite Entertainment announced the sale of its Betting Hero business to GeoComply Solutions and Hero Group Corp. As per the deal, FansUnite will sell all outstanding shares for $37.5 million, $30.6 million of which will be paid in cash at the closing. FansUnite added that it expects approximately $20 million in net proceeds from the […]
Business
May 4, 2023
FansUnite Agrees to Sell Subsidiary McBookie for $4M
The global entertainment and sports company focused on delivering technology for online gambling operators, FansUnite, announced it has entered into a definitive agreement for the sale of its wholly-owned subsidiary, McBookie. Details about the new transaction emerged earlier this week and see FansUnite sell the business “to an arm’s length third-party” in a deal with […]
Industry
December 19, 2022
FansUnite Secures Ohio B2B License ahead of Sports Betting Launch
FansUnite Entertainment, а British Colombia-based sports betting and entertainment company announced that it successfully acquired a sports gaming supplier license from the Ohio Casino Control Commission. As a result, the company will be able to launch its offerings in the state, supplying local companies with gaming solutions. FansUnite Forays into Ohio Ohio recently legalized sports […]
Business
April 20, 2022
FansUnite to Power Lovell Brothers Rebranding to Dragon Bet
FansUnite Entertainment has entered into a Memorandum of Understanding with Lovell Brothers Limited, the owners of the Dragon Bet brand. As a result, Lovell Brothers will launch a dedicated branded sports betting website in the Wales and UK markets, which will be based on the FansUnite Chameleon iGaming platform. DragonBet.co.uk will run entirely on the […]
Sports
March 22, 2022
FansUnite Gets AmAff Platform Licensed in Maryland
FansUnite has had its Entertainment American Affiliate service licensed in Maryland. As a result, the company will be able to begin providing marketing growth opportunities for licensed sports betting companies in the state. The license, which has been handed down by the Maryland Lottery and Gaming Control Commission, is the one that ultimately allows brands […]
Casino
March 8, 2022
AGCO Grants FansUnite Gaming Related Supplier License in Ontario
International sports and entertainment technology provider for online gaming markets FansUnite Entertainment Inc has received an important license from the Alcohol and Gaming Commission of Ontario (AGCO). The AGCO license will allow FansUnite to turn into a fully-registered sports betting and iGaming supplier in Ontario, as the market prepares to welcome private operators early in […]
Sports
February 3, 2022
FansUnite Dives into Louisiana Betting Market with AmAff
FansUnite is deepening its ties with the US sports betting market. Following the successful license clearance for the market in Louisiana, FansUnite has announced that its American Affiliate division, or AmAff for short, is now active in the state. FansUnite acquired AmAff for $58.2 million in 2021 in order to establish its footprint in the […]
Industry
January 5, 2022
FansUnite Adds Payments Expert Williams as Payments Director
Sports technology firm FansUnite Entertainment announced the appointment of Dennis Williams to the role of Payments Director to facilitate its continued business expansion. ‘Insight and Ability to Innovate’ FansUnite announced the addition of industry veteran Dennis Williams this week to commence its business in 2022 and continue on the upward trajectory set in 2021. The […]
Business
December 30, 2021
FansUnite Celebrates Successful 2021, Plans to Keep Momentum for 2022
FansUnite, the leading sports and entertainment company, released its annual shareholder letter this Wednesday. The company revealed that during 2021 it has hit key goals by expanding globally. Moreover, FansUnite plans to keep the momentum and continue expanding its presence next year as well. 2021 Was a Successful Year for FansUnite The company outlined that […]
Business
November 24, 2021
FansUnite Spearheads Into the US Market With American Affiliate Acquisition
Canadian betting-oriented sports and entertainment company FansUnite will spearhead into the US market through the strategic acquisition deal of the sports betting tech provider American Affiliate. The deal will see FansUnite pay American Affiliate about $58.2 million. Out of that total sum, $13.5 million will be paid in cash, $41.7 million in FansUnite shares and […]