The settlement will type a brand new on-line wagering portal that may incorporate stay streaming and settle for cryptocurrency funds
Vancouver, British Columbia–(Newsfile Corp. – Might 18, 2021) – FansUnite Leisure Inc. (CSE: FANS) (OTCQB: FUNFF) (“FansUnite” or the “Firm”) as we speak introduced that the Firm has entered a licensing settlement with Cash Line Sports activities Inc. (“Cash Line”) to launch the net sports activities betting portal, www.MoneyLineSports.tv earlier than the upcoming skilled soccer season.
Based in 2019 and launching in 2021, Cash Line Sports activities, is an Ontario-based firm that’s uniquely positioned throughout the European markets to offer premium streaming sports activities content material and wagering expertise. Underneath the settlement, Cash Line will probably be an authorized white-label associate and operator of FansUnite’s proprietary licensed on-line playing options. FansUnite will combine the Cash Line proprietary streaming media OTT platform and content material into the Firm’s sportsbook and on line casino choices inside authorized jurisdictions. By using FansUnite’s gaming purposes, Cash Line’s media platform will present an enhanced expertise for its customers by way of unique stay streaming content material, premium insights, stay odds feeds and proprietary betting instruments and information for sports activities betting.
The Cash Line platform will implement a various income mannequin to incorporate a subscription-based pay-for-view framework for premium sports activities content material, a syndicated tv present, a rapidly-growing internet online affiliate marketing enterprise centered on buyer acquisition for sports activities betting in Europe and extra jurisdictions. Cryptocurrencies will probably be accepted on FansUnite’s wagering system as a fee possibility alongside fiat, offering loyalty and rewards for conversion from PayPal and fiat forex on the Cash Line Community.
“The brand new digital betting portal will showcase FansUnite’s superior gaming purposes that will probably be geared up with Cash 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 sports activities betting, we’re happy to be working with the Cash Line staff on creating the final word betting expertise for sports activities fans by way of the brand new joint wagering platform.”
“We’re extraordinarily excited to associate with FansUnite and profit from their proprietary, best-in-class gaming expertise platform, digital buyer acquisition experience, and authorized working gaming licenses in a number of jurisdictions,” acknowledged B. Michael Friedman, Founding father of Cash Line Sports activities Inc. “Collectively, 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 really interactive and fascinating sports activities betting expertise. This transfer will rapidly solidify Cash Line’s distinctive worth proposition throughout the gaming sector offering subscription primarily based stay streaming sports activities, wagering in authorized jurisdictions and using our licensed Blockchain digital forex, “Bettor COIN” and the rewards coin “BOOKIE” ($BOOK) to enhance KYC, AML and scale back bank card chargebacks as a quickly to be publicly traded firm,” added Friedman.
The licensing settlement will considerably enhance the pace to marketplace for the multi-functional gaming platform for each events and create a first-mover benefit for streaming sports activities content material, interactive odds, and sports activities betting with digital forex acceptance.
About FansUnite Leisure Inc.
FansUnite is a world sports activities and leisure firm, specializing in expertise associated to regulated and lawful on-line gaming and different associated merchandise. FansUnite has produced a considered one of a form full iGaming platform, with a sports activities and esports focus geared for the subsequent technology 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 an authorized RNG to provide on line casino type probability video games. The platform operates a number of B2C manufacturers and B2B software program for the net playing trade. FansUnite additionally seems to be to accumulate expertise platforms and belongings with excessive development potential in new or creating markets. The corporate additionally offers technological options and providers within the international gaming and leisure industries. Its expertise contains fastened/parimutuel odds, in-stream betting, stay betting, casino-style video games, cryptocurrency pockets and information content material.
For additional data, please contact:
Prit Singh, Investor Relations at FansUnite
Scott Burton, Chief Government Officer of FansUnite
Darius Eghdami, President of FansUnite
About Cash Line Sports activities Inc.
Based in 2019, and launching in 2021, Cash Line Sports activities 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. Cash Line’s sports activities media platform offers an enhanced expertise for its customers by way of unique sports activities stay stream content material, premium insights, stay odds and proprietary betting instruments and information. Cash Line’s numerous income mannequin features a subscription-based pay for view mannequin and a rapidly-growing internet online affiliate marketing enterprise centered on buyer acquisition for betting operators in Europe and extra jurisdictions in addition to sports activities and casinos.
Cash Line Sports activities
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: Sure data contained herein might represent “forward-trying data” below Canadian securities laws. Usually, forward-looking data will be recognized by way of forward-looking terminology equivalent to “believes,” “perception,” “expects,” “intends,” ”anticipates,” “potential,” “ought to,” “might,” “will,” “plans,” “proceed” or related expressions to be unsure and forward-looking. Ahead-looking statements might embrace, with out limitation, statements referring to: the licensing settlement with Cash Line, together with the anticipated advantages therefrom; the creation and timing of the anticipated on-line sports activities betting portal, the traits of the Cash Line platform; the aggressive benefit of the connection with Cash Line; the person expertise concerning the Cash Line platform; enterprise growth plans of FansUnite; the Firm’s distinctive portfolio of belongings; and dialogue of future plans, projections, goals, estimates and forecasts and the timing associated thereto. Ahead-looking statements are primarily based on the Firm’s estimates and are topic to recognized and unknown dangers, uncertainties and different elements which will trigger the precise outcomes, stage of exercise, efficiency or achievements of FansUnite to be materially completely different from these expressed or implied by such forward-looking statements or forward-looking data. Extra data concerning the dangers and uncertainties referring to the Firm’s enterprise are contained below the heading “Threat Elements” within the Firm’s Non-Providing Prospectus dated March 27, 2020 filed on its issuer profile on SEDAR at www.sedar.com and dangers associated to international pandemics, together with the novel coronavirus (COVID-19) international well being pandemic, and the unfold of different viruses or pathogens and affect of macroeconomic developments. Accordingly, readers mustn’t place undue reliance on forward-looking statements and forward-looking data. The forward-looking statements in this information launch are made as of the date of this launch. FansUnite disclaims and doesn’t undertake to replace or revise any forward-trying statements or forward-looking data, whether or not as a results of new data, future occasions or in any other case, besides as required by relevant securities legal guidelines.
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