FansUnite Entertainment Expands Product Offering into European
Online Casino Aggregator
-Askott Games will see their RNG games available to over 120 online
casino websites-
Vancouver, British Columbia, Sliema, Malta, October 22, 2020 --
InvestorsHub NewsWire -- FansUnite Entertainment Inc. (CSE:
FANS) (OTC: FUNFF) (“FansUnite” or the “Company”), a
technology company providing leading online gaming solutions, is
pleased to announce Askott Games has signed with a leading online
casino games aggregator to distribute its proprietary Random Number
Generated (RNG) games to online casinos and sportsbooks in the
European market.
The first casino game aggregator to publish the Askott Games
content will be The Ear Platform. The Ear is a European-focused
aggregator that will give Askott Games access to more than 120
online gaming sites they are integrated with.
FansUnite has produced unique esports and video game-themed
RNG/casino games under the Askott Games brand, which are ready to
be launched to the market. Besides hosting the games on its B2B
offering, the Chameleon Gaming Platform, Askott Games will sign
agreements with existing casino game aggregators to make the games
available to thousands of online casinos and sportsbooks worldwide.
Game aggregators compile the best casino games they can find and
offer them to online casinos and sportsbooks through a single
integration. Given that the arrangements are on a revenue share
basis, Askott Games will receive a share of the net gaming revenue
every time one of their games is played.
“When we started Askott Games we knew that online casinos were
looking for ways to reach and engage with younger customers that
were not interested in traditional casino offerings,” said Scott
Burton, CEO of FansUnite Entertainment. “The positive response we
have received for our internally produced esports and video
game-themed RNG games validates this thesis.”
“This integration with Ear will provide more exposure to our
games and will enable us to market to over 120 websites and
thousands of end customers. This deal and the ones thereafter, give
us the ability to sell our games through the networks aggregators
have built and provide us the ability to quickly scale while
producing a steady stream of recurring revenue to our overall
business.”
Andrei Siomela, Commercial Director of The Ear Platform, added,
“We pride ourselves on having the best casino offerings available
to our customers. Currently, we provide over 120 iGaming sites
throughout Europe with casino games developed by tier 1 game
providers. With the games that Askott is producing, we can offer
games specifically designed for the most desirable audience,
18-30-year-olds, to our partners. Our customers are looking for
solutions that appeal the most to this demographic. We can’t wait
to have Askott Games incorporated into our platform, and we have
been very excited to see the pipeline of games that the Askott team
has in development.”
Askott Games is currently completing its fourth game with plans
for over ten within the next 12 months. With this announcement,
FansUnite will also be launching the dedicated Askott Games
(askott.games) site and begin business development.
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, Chameleon Gaming 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.
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 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 future outlook and anticipated events such as:
agreements to be entered into with online casino games aggregators;
the distribution of Askott Games’ RNG games to online casinos and
sportsbooks; the markets in which RNG games are to be distributed;
the timing of launch and distribution of Askott Games’ esports and
RNG games to the markets; the offering, integration and
distribution of Askott Games’ esports and RNG games by The Ear and
other game aggregators; revenues to be received by Askott Games in
connection with their esports and RNG games; Askott Games’ plans to
develop and release games over the next 12 months; the launch of
the Askott Games website; commencement of Askott Games’ business
development plans; expectations of the Company with respect to the
interest of aggregators in Askott Games’ esports and RNG games;
market exposure to and interest in Askott Games’ esports and RNG
games resulting from the integration of its gaming platform into
The Ear; the ability of the Company to scale quickly and produce
high recurring revenues; Askott Games becoming the Company’s
largest source of revenue in 2021; the Company’s ability to become
a leading technology platform and a leader in the global I- gaming
market, and to serve the gaming market; the potential growth of the
Company and
the gaming market; the increased number of betting options; the
ability of the Company to scale its B2B arm and maintain its B2C
platforms; 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.
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