Money Line Sports to launch new streaming sports activities wagering platform with block chain know-how in partnership with FansUniteVANCOUVER, BC / ACCESSWIRE / May 18, 2021 / Money Line Sports Inc. in the present day introduced that the Company has signed an settlement with Fans Unite Entertainment Inc. (CSE:FANS), permitting Money Line Sports to be an permitted white label associate and operator of the FAN’s proprietary licensed wagering platform. The Companies will work collectively to mix the Money Line Sports newly developed streaming media OTT platform and content material inside the most effective of sophistication FANS wagering platform enabled for on-line sports activities betting inside authorized jurisdictions. Both Companies are excited to announce the formation of the three way partnership and anticipated launch of www.MoneyLineSports.television earlier than the upcoming skilled soccer season.The CEO’s of each FANS and Money Line Sports have a confirmed observe document of intensive business experience to revolutionize the net consumer expertise of sports activities betting and on-line gaming inside authorized markets. The licensing settlement and three way partnership will considerably enhance the pace to marketplace for the multi-functional gaming platform for each events and creates significant early mover benefits for streaming sports activities content material, interactive odds and sports activities betting with digital foreign money acceptance.Founded in 2019 and launching in 2021, Money Line Sports, an Ontario based mostly firm is uniquely positioned throughout the European markets to offer premium streaming sports activities content material and wagering know-how for sports activities bettors in search of a very interactive expertise. Money Line’s sports activities media platform will present an enhanced expertise for its customers by way of authentic sports activities dwell streaming content material, premium insights, dwell odds feeds and proprietary betting instruments and information for sports activities betting using the FAN’s gaming platform already confirmed by way of thousands and thousands of {dollars} of gaming transactions.The Joint FANS and Money Line Sports platform will search a various income mannequin to incorporate a subscription based mostly pay for view mannequin for premium sports activities content material, syndicated tv present, a rapidly-growing online marketing enterprise targeted on buyer acquisition for sports activities betting within the Europe and further jurisdictions, in addition to integrating the Company’s unique digital foreign money associate “Bettor COIN” (BTUSD) and rewards coin “BOOKIE” ($BOOK) just lately permitted on the Etherium block chain. Bettor Coin might be utilized alongside most crypto currencies now accepted and just lately introduced on the FAN’s platform as a fee choice offering loyalty and rewards for conversion from PayPal and Fiat foreign money on the Money Line Network.Story continuesAdditionally, Money Line Sports Inc. just lately introduced that it has signed an settlement with Zeu Technologies Inc., a publically traded firm on the CSE and OTC Markets. The acquisition settlement permits for ZEU to amass 100% of the shares in Money Line Sports Inc. as an entirely owned subsidiary. Completion of the Transaction is conditional on a number of circumstances together with completion of a definitive settlement, closing due diligence, MoneyLine majority shareholders’ approval with CSE approval anticipated to be accomplished in Q2 2021.”We are extraordinarily excited to associate with Fans Unite and profit from their proprietary, best-in-class gaming know-how platform, digital buyer acquisition experience, and permitted working gaming licenses in a number of jurisdictions. Together, we anticipate to create a one-of-a-kind wagering platform that we anticipate will elevate the bar for the worldwide sports activities betting market by way of a very interactive and partaking sports activities betting expertise. This transfer will shortly solidify Money Line’s distinctive worth proposition throughout the gaming sector offering subscription based mostly dwell streaming sports activities, wagering in authorized jurisdictions and using our licensed block chain digital foreign money “Bettor COIN” and participant rewards coin “BOOKIE” ($BOOK) to enhance KYC, AML and scale back bank card fraud as a quickly to be publicly traded firm,” acknowledged B. Michael Friedman, Founder of Money Line Sports Inc.””The new digital betting portal will showcase FansUnite’s superior gaming purposes that might be geared up with Money Line’s top-tier streaming media options and sturdy sports activities content material, leading to a synergy that may capitalize on the betting pursuits of soccer followers and bettors,” stated Scott Burton, CEO of FansUnite. “Given the rising reputation of on-line playing, we’re happy to be working with the Money Line crew on creating the last word betting expertise for sports activities fans by way of the brand new joint wagering platform, which can present trendy fee strategies, built-in with Blockchain know-how to just accept cryptocurrencies.”The MarketA latest Grandview Research Report acknowledged “The world on-line playing market measurement was valued at USD 53.7 billion in 2019 and is predicted to develop at a compound annual development fee (CAGR) of 11.5% from 2020 to 2027. The excessive web penetration and rising use of cell phones amongst people for taking part in on-line video games from their properties and public locations are driving the market. In addition, elements corresponding to quick access to on-line playing, legalization and cultural approval, company sponsorships, and movie star endorsements are additionally contributing to market development. The rising availability of cost-effective cellular purposes throughout the globe is additional anticipated to gas market development”.By establishing a singular and interactive gaming platform with related best-in-class property, each Companies imagine the enterprise might be well-positioned to seize significant market share and would be the platform of alternative for added business companions sooner or later.About MoneyLine Sports Inc.Founded in 2019, and launching in 2021, Money Line Sports is uniquely positioned throughout the on-line gaming sector by way of its distinctive licensed platform to offer premium streaming sports activities content material and wagering for sports activities bettors inside authorized jurisdictions. Money Line’s sports activities media platform gives an enhanced expertise for its customers by way of authentic sports activities dwell stream content material, premium insights, dwell odds and proprietary betting instruments and information. Money Line’s various income mannequin features a subscription based mostly pay for view mannequin and rapidly-growing online marketing enterprise targeted on buyer acquisition for betting operators within the EuropeAbout FansUnite Entertainment Inc.FansUnite is a worldwide sports activities and leisure firm, specializing in know-how associated to regulated and lawful on-line gaming and different associated merchandise. FansUnite has produced a one in every of a form full iGaming platform, with a sports activities and esports focus geared for the subsequent era of on-line bettors and on line casino gamers. The platform consists of merchandise for pre-match betting, in-play betting, each day fantasy, content material and an authorized RNG to provide on line casino model likelihood video games. The platform operates a number of B2C manufacturers and B2B software program for the net playing business. FansUnite additionally seems to be to amass know-how platforms and property with excessive development potential in new or creating markets. The firm additionally gives technological options and companies within the world gaming and leisure industries. Its know-how consists of fastened/parimutuel odds, in-stream betting, dwell betting, casino-style video games, cryptocurrency pockets and information content material.Contact Sean at [email protected] ZeU ZeU is a forward-thinking Canadian know-how firm that has developed a state-of-the-art blockchain protocol, offering the inspiration for the next-generation of encrypted and distributed networks. Thanks to its excessive stage of sophistication, ZeU’s know-how maximizes transparency, safety and scalability in addition to massive information administration. ZeU’s technique is to monetize blockchain transactions in various sectors corresponding to fee, gaming, information, and healthcare.Forward-Looking StatementsThis launch comprises forward-looking statements throughout the which means of the Private Securities Litigation Reform Act of 1995. All statements contained on this launch that don’t relate to issues of historic truth needs to be thought-about forward-looking statements, together with, with out limitation, statements relating to the timing for launching a brand new built-in providing within the U.S. market, expectations relating to the combination course of, anticipated income synergies and the place of the mixed firm to drive long-term shareholder worth, in addition to statements that embody the phrases “anticipate,” “intend,” “plan,” “imagine,” “mission,” “forecast,” “estimate,” “might,” “ought to,” “anticipate” and related statements of a future or forward-looking nature. These forward-looking statements are based mostly on administration’s present expectations. These statements are neither guarantees nor ensures, however contain identified and unknown dangers, uncertainties and different necessary elements which will trigger precise outcomes, efficiency or achievements to be materially totally different from any future outcomes, efficiency or achievements expressed or implied by the forward-looking statements. Readers are cautioned to not place undue reliance on any forward-looking statements, which communicate solely as of the date on which they’re made. The Company undertakes no obligation to replace or revise any forward-looking statements for any purpose, besides as required by legislation.Contact:Money Line [email protected]: MoneyLine Sports, Inc.View supply model on accesswire.com: https://www.accesswire.com/647886/Money-Line-Sports-Inc-and-FansUnite-Entertainment-Announce-Agreement-and-Joint-Venture-To-Launch-New-Live-Streaming-and-Interactive-Sports-Betting-Platform-For-Legal-Jurisdictions
Money Line Sports Inc. and FansUnite Entertainment Announce Agreement and Joint Venture To Launch New Live Streaming and Interactive Sports Betting Platform For Legal Jurisdictions
