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 crew of American Affiliate (“AmAff”) consequently of the beforehand introduced transaction of the Company.
“We are happy to introduce the administration crew of our latest acquisition, American Affiliate,” mentioned Scott Burton, CEO of FansUnite. “They convey years of precious expertise inside 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 crew represents an vital 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 consider with our crew, 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 may 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 have been acquired by Catena Media in 2017, and turned the muse of Catena’s U.S. division. Grove served as Acting Director of Catena Media U.S. till October 2019. He just lately served because the EVP of Acies Acquisition Corp and is widely known as a topic skilled on the US on-line playing trade. 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 apply.
SVP Strategy, AmAff
Hurley is an skilled gaming govt whose expertise has seen him arrange, run and scale gaming operations around the globe. The former first Head of Sportsbook at Draftkings, Hurley was accountable 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 trade main sports activities betting threat, buying and selling and platform provider to some of the biggest names within the world sports activities betting house. Before that, Hurley was an official knowledge provider at IMG Arena, distributing official league knowledge direct to B2C operators and to trade 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 be an lively advisor and investor to some of essentially the most thrilling startups within the US gaming trade.
Chief Legal Officer, AmAff
Gallagher is a transactional legal professional with greater than 15 years of authorized expertise masking an expansive vary of industrial issues. She began her authorized profession as an affiliate and then shareholder at Nevada’s legacy regulation agency Lionel Sawyer & Collins, the place her shoppers included casinos, lenders, debtors, and publicly traded firms. Following her time there, she co-founded the boutique transactional regulation agency Childs Watson & Gallagher, PLLC. Prior to AmAff, Gallagher was the primary Chief Legal Officer of GeoComply, the iGaming trade’s main geolocation provider.
SVP Operations, AmAff
Driscoll is a tech govt and 2nd era on line casino govt with a novel and confirmed observe file. 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.Okay.-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 workers and $0 (zero) income to greater than 25 full-time workers, 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 develop into the youngest companion on the firm. Prior to his departure, he consulted with dozens of $1B firms within the monetary companies trade, serving to to design, recruit, and retain their govt groups. With over a million in-person interactions, 100,000+ new depositing prospects, and over $10M in first time deposits, Betting Hero is unmatched as THE best-in-class stay 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 affiliate marketing online firm within the identification theft safety trade, delivering 18,000 prospects to LifeLock between 2014-2015. With a entrance row seat to the founding crew behind Zillow, Expedia, and Glassdoor, Jakary honed his entrepreneurial expertise in anticipation of a chance to construct a best-in-class B2B/B2C enterprise that may assist customers make higher knowledgeable choices whereas delivering unmatched worth to shoppers.
The govt 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 may be discovered:
About FansUnite Entertainment Inc.
FansUnite is a worldwide sports activities and leisure firm, specializing in expertise 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 consists of merchandise for pre-match betting, in-play betting, every day fantasy, content material and a licensed RNG to supply on line casino model likelihood video games. The platform operates a number of B2C manufacturers and B2B software program for the net playing trade. FansUnite additionally appears to be like to accumulate expertise platforms and property with excessive development potential in new or creating markets. The Company additionally supplies technological options and companies within the world gaming and leisure industries. Its expertise consists of mounted/parimutuel odds, in-stream betting, stay betting, casino-style video games, cryptocurrency pockets and information content material.
About American Affiliate
American Affiliate brings collectively a various portfolio of property which can be all devoted to producing new depositing prospects 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 give attention to the U.S. alternative with marquee manufacturers, a strong omni-channel strategy, a deep portfolio of proprietary expertise, and a uniquely certified administration crew.
For additional data, 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 accommodates sure statements that will represent forward-looking data beneath relevant securities legal guidelines. All statements, aside from these of historic truth, which handle actions, occasions, outcomes, outcomes, developments, efficiency or achievements that FansUnite anticipates or expects might or will happen sooner or later (in complete or partially) needs to be thought-about forward-looking data. Often, however not at all times, forward-looking data can be recognized by the use of phrases corresponding to “plans”, “expects”, “is predicted”, “funds”, ”scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (together with unfavorable variations) of such phrases and phrases, or statements fashioned sooner or later tense or indicating that sure actions, occasions or outcomes “might”, “may”, “would”, “would possibly” 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 are usually not restricted to, statements with respect to the administration crew of AmAff consequently of the beforehand introduced transaction of the Company; the administration crew of AmAff’s capacity 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 gentle of its expertise and its notion of historic traits, present situations and anticipated future developments, together with, however not restricted to, expectations and assumptions regarding: curiosity and international change charges; capital efficiencies, value saving and synergies; development and development charges; the success within the on-line playing and sports activities betting trade; the regulatory surroundings relevant to on-line playing and sports activities betting; the technological infrastructure and help wanted to host the Company’s on-line playing and sports activities betting platforms and purposes; any cryptocurrency purposes to the Company’s enterprise; and the Company’s development plan. While FansUnite considers these assumptions to be cheap, based mostly on data at present accessible, 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 recognized and unknown dangers, together with, with out limitation, dangers related to common financial situations; 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 would adversely impact the Company’s capacity to function its on-line playing and sports activities betting platforms and purposes, dangers associated to the novel coronavirus (COVID-19) world pandemic and any results it may need on the Company’s enterprise thereto. Readers are cautioned that the foregoing listing just isn’t exhaustive. For extra data on the danger, uncertainties and assumptions that would trigger anticipated alternatives and precise outcomes to vary materially, please consult 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 may be no assurance that the plans, intentions or expectations upon which they’re positioned will happen. Such data, 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 mirror 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 data, future occasions or in any other case, besides as required by relevant regulation.
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