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Business
June 27, 2024
FansUnite Asks Shareholders to Approve $37.5M Sale of Betting Hero to GeoComply
FansUnite Entertainment announced the sale of its Betting Hero business to GeoComply Solutions and Hero Group Corp. As per the deal, FansUnite will sell all outstanding shares for $37.5 million, $30.6 million of which will be paid in cash at the closing. FansUnite added that it expects approximately $20 million in net proceeds from the […]
Industry
May 9, 2023
Betr Acquires FansUnite’s Chameleon Gaming Platform
Microbetting gambling startup Betr is making the headlines today after an announcement that it has acquired the Chameleon gaming platform from its owner, FansUnite Entertainment. In Line with the Business Model The acquisition of Chameleon is seen by Betr as key to its future growth, allowing it to integrate into its direct-to-consumer platform Chameleon’s full […]
Business
February 13, 2023
Stram Entertainment Is Ready to Acquire FansUnite Entertainment’s Affiliate Brand
As announced by FansUnite Entertainment Inc, BestOdds.com’s operator Stram Entertainment has signed a strategic deal to acquire BetPrep. The decision was made as a result of FansUnite’s strategy to optimize its operations, focus on profit, and accelerate its revenue growth. The international entertainment and sports company that offers technology for regulated online gaming had previously expressed […]
Business
November 30, 2021
FansUnite Reveals Solid 2021 Third Quarter Growth
Sports technology company FansUnite Entertainment released its third quarter and nine months business results revealing continued growth across all business units. Financial Highlights For the three months ended September 30, 2021, FansUnite Entertainment posted a total betting turnover of C$10.6 million ($8.28 million), an increase of 19% compared to C$8.9 million ($6.95 million) for the […]
