Vancouver, British Columbia–(Newsfile Corp. – November 23, 2021) – FansUnite Entertainment Inc. (CSE: FANS) (OTCQX: FUNFF) (“FansUnite” or the “Company”), is happy to introduce the manager and administration group of American Affiliate (“AmAff”) consequently of the beforehand introduced transaction of the Company.
“We are happy to introduce the administration group of our current acquisition, American Affiliate,” mentioned Scott Burton, CEO of FansUnite. “They deliver years of beneficial expertise throughout the on-line gaming and affiliate house within the U.S. regulated market, having labored with main B2B betting software program suppliers and sportsbooks, together with DraftKings, IMG Arena, FSB, Amelco, and GAN Limited. A robust management group represents an essential acquisition criterion of our M&A technique, making them a terrific match for our continued development.”
“As co-founder and director of Catena’s U.S. enterprise, I noticed first hand that buyer acquisition is well among the many most worthwhile components of the US betting ecosystem and represents a multi-billion greenback alternative,” mentioned Chris Grove, Chief Executive Officer of American Affiliate. “I imagine with our group, marquee manufacturers, and the deep tech portfolio of FansUnite, we are able to drive shareholder worth by constructing a number one buyer acquisition community for the U.S. sports activities betting and on-line on line casino market.”
A presentation outlining the acquisition might be discovered at:
Chief Executive Officer, AmAff
Grove has twenty years of expertise within the on-line gaming and affiliate house. He co-founded Play USA Media and LegalSportsReport.com, which had been acquired by Catena Media in 2017, and grew to become the muse of Catena’s U.S. division. Grove served as Acting Director of Catena Media U.S. till October 2019. He not too long ago served because the EVP of Acies Acquisition Corp and is widely known as a subject professional on the US on-line playing business. Grove has been cited by quite a few top-tier shops together with Bloomberg, the New York Times, the Washington Post, and the Wall Street Journal, and he has testified earlier than policymakers in a number of states together with California, Illinois, New York, Nevada, and Washington state. Grove is a Partner Emeritus at Eilers & Krejcik Gaming, the place he based the agency’s sports activities betting observe.
SVP Strategy, AmAff
Hurley is an skilled gaming government whose expertise has seen him arrange, run and scale gaming operations all over the world. The former first Head of Sportsbook at Draftkings, Hurley was chargeable for serving to to arrange and launch the primary digital US sportsbook outdoors of Nevada. Prior to Draftkings, Hurley was Head of Commercial at Amelco UK, a business main sports activities betting threat, buying and selling and platform provider to some of the biggest names within the international sports activities betting house. Before that, Hurley was an official information provider at IMG Arena, distributing official league information direct to B2C operators and to business main B2B suppliers. Hurley has been concerned in a lot of the fabric affiliate M&A exercise within the US market post-PASPA. He can also be an lively advisor and investor to some of probably the most thrilling startups within the US gaming business.
Chief Legal Officer, AmAff
Gallagher is a transactional legal professional with greater than 15 years of authorized expertise protecting an expansive vary of industrial issues. She began her authorized profession as an affiliate and then shareholder at Nevada’s legacy legislation agency Lionel Sawyer & Collins, the place her shoppers included casinos, lenders, debtors, and publicly traded corporations. Following her time there, she co-founded the boutique transactional legislation agency Childs Watson & Gallagher, PLLC. Prior to AmAff, Gallagher was the primary Chief Legal Officer of GeoComply, the iGaming business’s main geolocation provider.
SVP Operations, AmAff
Driscoll is a tech government and 2nd era on line casino government with a novel and confirmed monitor document. Over the final 20 years, he has helped drive digital transformation within the on line casino house, together with overseeing the launch of one of the primary on-line on line casino divisions within the U.S. Driscoll has held positions with Red Rock Resorts in analytics and management roles in on line casino operations. Additionally, he held operational technique, planning and evaluation, M&A and digital technique roles for American Casino & Entertainment Properties (ACEP), proprietor of the world well-known Stratosphere and different casinos. Prior to American Affiliate, Driscoll was the Vice President of Product with GAN, a number one U.S. supplier of iGaming & sports activities betting platforms. Driscoll was additionally the Head of U.S. operations for FSB, a U.Ok.-based sports activities betting platform, the place he drove market entry technique and established their U.S. choices.
President, Betting Hero
Maw co-founded Betting Hero in 2018, and served as the corporate’s Chief Executive Officer as the corporate grew from two full-time staff and $0 (zero) income to greater than 25 full-time staff, 200+ Betting Hero impartial contractors, and realizing greater than $10M in income. Prior to Betting Hero, Maw served as an Executive Search Consultant for a boutique agency in Michigan, the place he was on-track to turn out to be the youngest companion on the firm. Prior to his departure, he consulted with dozens of $1B corporations within the monetary companies business, serving to to design, recruit, and retain their government groups. With over a million in-person interactions, 100,000+ new depositing clients, and over $10M in first time deposits, Betting Hero is unequalled as THE best-in-class reside activation firm for sports activities betting, iGaming, and cashless operators respectively.
SVP Strategy, Betting Hero
Jakary co-founded Betting Hero in 2018, serving as the corporate’s Chief Strategy Officer. Prior to Betting Hero, he spent a decade with CareerBuilder.com and Glassdoor.com, which he joined as worker #24 and the primary based mostly outdoors of Silicon Valley. Serving in a range of enterprise gross sales roles, Jakary helped develop Glassdoor from a $100M valuation in 2011 to its eventual $1B exit. Jakary additionally owned and operated the #1 internet affiliate marketing firm within the identification theft safety business, delivering 18,000 clients to LifeLock between 2014-2015. With a entrance row seat to the founding group behind Zillow, Expedia, and Glassdoor, Jakary honed his entrepreneurial expertise in anticipation of a possibility to construct a best-in-class B2B/B2C enterprise that might assist shoppers make higher knowledgeable choices whereas delivering unmatched worth to shoppers.
The government groups from FansUnite and American Affiliate shall be internet hosting a webinar to debate the transaction on Monday, November 29, 2021 at 1:00 PM EST.
Please click on the hyperlink to register:
A presentation outlining the transaction might be discovered:
About FansUnite Entertainment Inc.
FansUnite is a world 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-of-a-kind full iGaming platform, with a sports activities and esports focus geared for the following era of on-line bettors and on line casino gamers. The platform contains merchandise for pre-match betting, in-play betting, every day fantasy, content material and a licensed 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 appears to accumulate know-how platforms and belongings with excessive development potential in new or growing markets. The Company additionally offers technological options and companies within the international gaming and leisure industries. Its know-how contains mounted/parimutuel odds, in-stream betting, reside betting, casino-style video games, cryptocurrency pockets and information content material.
About American Affiliate
American Affiliate brings collectively a various portfolio of belongings which are all devoted to producing new depositing clients for authorized sportsbooks, on-line casinos, on-line poker websites, and adjoining merchandise within the U.S. market.
American Affiliate’s imaginative and prescient blends an unique concentrate on the U.S. alternative with marquee manufacturers, a strong omni-channel method, a deep portfolio of proprietary know-how, and a uniquely certified administration group.
For additional info, please contact:
Prit Singh, Investor Relations at FansUnite
Scott Burton, Chief Executive Officer of FansUnite
Darius Eghdami, President of FansUnite
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDERS HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
This information launch incorporates sure statements that will represent forward-looking info below relevant securities legal guidelines. All statements, apart from these of historic reality, which tackle actions, occasions, outcomes, outcomes, developments, efficiency or achievements that FansUnite anticipates or expects might or will happen sooner or later (in entire or partially) must be thought-about forward-looking info. Often, however not at all times, forward-looking info can be recognized by the use of phrases equivalent to “plans”, “expects”, “is anticipated”, “funds”, ”scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (together with unfavorable variations) of such phrases and phrases, or statements shaped sooner or later tense or indicating that sure actions, occasions or outcomes “might”, “might”, “would”, “may” or ”will” (or different variations of the forgoing) be taken, happen, be achieved, or come to cross. Forward-looking statements on this information launch embrace, however will not be restricted to, statements with respect to the administration group of AmAff consequently of the beforehand introduced transaction of the Company; the administration group of AmAff’s means to drive shareholder worth by constructing a number one buyer acquisition community for the U.S. sports activities betting and on-line on line casino market.
Forward-looking statements are based mostly on assumptions and analyses made by the Company in mild of its expertise and its notion of historic tendencies, present circumstances and anticipated future developments, together with, however not restricted to, expectations and assumptions regarding: curiosity and overseas alternate charges; capital efficiencies, value saving and synergies; development and development charges; the success within the on-line playing and sports activities betting business; the regulatory setting relevant to on-line playing and sports activities betting; the technological infrastructure and assist wanted to host the Company’s on-line playing and sports activities betting platforms and functions; any cryptocurrency functions to the Company’s enterprise; and the Company’s development plan. While FansUnite considers these assumptions to be cheap, based mostly on info at present out there, they could show to be incorrect. Readers are cautioned to not place undue reliance on forward-looking statements. In addition, forward-looking statements essentially contain identified and unknown dangers, together with, with out limitation, dangers related to normal financial circumstances; dangers related to the Transaction; dangers related to the Definitive Agreement; dangers related to the regulatory environments within the jurisdictions the Company and the Target function in; technology-related dangers that might adversely impact the Company’s means to function its on-line playing and sports activities betting platforms and functions, dangers associated to the novel coronavirus (COVID-19) international pandemic and any results it might need on the Company’s enterprise thereto. Readers are cautioned that the foregoing listing is just not exhaustive. For extra info on the danger, uncertainties and assumptions that might trigger anticipated alternatives and precise outcomes to vary materially, please discuss with the general public filings of FansUnite which can be found on SEDAR at www.sedar.com. Readers are additional cautioned to not place undue reliance on forward-looking statements as there might be no assurance that the plans, intentions or expectations upon which they’re positioned will happen. Such info, though thought-about cheap by administration on the time of preparation, might show to be incorrect and precise outcomes might differ materially from these anticipated. Forward-looking statements contained on this information launch are expressly certified by this cautionary assertion and replicate our expectations as of the date hereof, and thus are topic to alter thereafter. FansUnite disclaims any intention or obligation to replace or revise any forward-looking statements, whether or not consequently of new info, future occasions or in any other case, besides as required by relevant legislation.
To view the supply model of this press launch, please go to https://www.newsfilecorp.com/release/104864