FansUnite Entertainment Inc.

Recent News

• FansUnite Reports Full Year 2022 Financial Results

  Total revenue of $27.30 million for the full year of Fiscal 2022, an increase of 387% over the same period in Fiscal 2021Gross margin of $14.85 million (54%) for Fiscal 2022 as compared to $2.88 million (51%) for Fiscal 2021Company to host Year End earnings call on Friday, March 31, 2023 at 10:00 AM EST/7:00 AM PSTVancouver, British Columbia--(Newsfile Corp. - March 30, 2023) - FansUnite Entertainment Inc. (TSX: FANS) (OTCQX: FUNFF) ("FansUnite" or the "Company") announced that it has...

  2023-03-30 8:08 PM EDT
• FansUnite to Report Fiscal 2022 Financial Results and Host Investor Webinar

  Vancouver, British Columbia--(Newsfile Corp. - March 23, 2023) - FansUnite Entertainment Inc. (TSX: FANS) ("FansUnite" or the "Company") is pleased to announce that it will file its audited consolidated financial statements and associated management's discussion and analysis ("MD&A") for the year ended December 31, 2022 on Thursday, March 30, 2023. The management team of FansUnite will host an investor webinar to discuss the Company's Fiscal 2022 financial results and growth outlook at 10:00 AM EST on Friday, March 31, 2023.FansUnite's...

  2023-03-23 7:00 AM EDT
• FansUnite Announces Closing of $3.04 Million Private Placement Led by Strategic Investor Tekkorp Capital

  Vancouver, British Columbia--(Newsfile Corp. - March 16, 2023) - FansUnite Entertainment Inc. (TSX: FANS) ("FansUnite" or the "Company") is pleased to announce that the Company has completed its previously announced non-brokered private placement (the "Offering"). Pursuant to the Offering, the Company issued an aggregate of 37,976,242 units of the Company (the "Units") at an issue price of $0.08 per Unit for aggregate gross proceeds of approximately $3.04 million. The Offering was led by Tekkorp Capital and affiliates ("Tekkorp"), an investment...

  2023-03-16 7:00 AM EDT
• FansUnite Shortlisted for Six 2023 EGR North America Awards

  Vancouver, British Columbia--(Newsfile Corp. - March 14, 2023) - FansUnite Entertainment Inc. (TSX: FANS) (OTCQX: FUNFF) ("FansUnite" or the "Company") is pleased to announce that the Company, including its U.S.-based brand, Betting Hero ("Betting Hero"), has been shortlisted as finalists for six award categories in the 2023 EGR North America Awards ("EGR Awards").The EGR North America Awards recognizes and celebrates leading online gaming companies in North America.2023 EGR North America Award Nominations:FansUnite: Sportsbook Platform Provider of the YearBetting Hero: Affiliate...

  2023-03-14 7:00 AM EDT
• FansUnite Announces Upsize of Private Placement Led by Strategic Investor Tekkorp Capital to $3 Million Due to Strong Investor Demand

  Vancouver, British Columbia--(Newsfile Corp. - March 8, 2023) - FansUnite Entertainment Inc. (TSX: FANS) ("FansUnite" or the "Company") is pleased to announce that it will upsize its previously announced (see press release dated March 6, 2023) non-brokered private placement to up to $3 million (the "Offering") due to strong investor demand. The Company will issue up to 37,500,000 of units of the Company (the "Units") at a price of $0.08 per Unit (the "Offering"). The Offering is led by Tekkorp...

  2023-03-08 7:00 AM EST
• FansUnite Announces Private Placement Led by Strategic Investor Tekkorp Capital

  Vancouver, British Columbia--(Newsfile Corp. - March 6, 2023) - FansUnite Entertainment Inc. (TSX: FANS) ("FansUnite" or the "Company") is pleased to announce a non-brokered private placement of units of the Company (the "Units") at a price of $0.08 per Unit for aggregate gross proceeds of $2,000,000 (the "Offering"). In connection with the Offering, Tekkorp Capital ("Tekkorp"), an investment firm that advises and invests in innovative public and private companies within the global digital gaming industry, has agreed to acquire 13,750,000...

  2023-03-06 5:56 PM EST
• FansUnite Submits Gaming Supplier License Application to Virginia Lottery Board

  Vancouver, British Columbia--(Newsfile Corp. - March 1, 2023) - FansUnite Entertainment Inc. (TSX: FANS) (OTCQX: FUNFF) ("FansUnite" or the "Company") is pleased to announce that FansUnite has submitted a Supplier License application to the Virginia Lottery Board in order to become a legal sports betting and iGaming supplier in the Commonwealth of Virginia.Virginia is one of the most coveted states in the U.S. for operators. Since sports betting was legalized in Virginia in April 2022, the state generated a total...

  2023-03-01 7:00 AM EST
• FansUnite Provides Update on Betting Hero's Operations During Super Bowl LVII Weekend

  More than 350 Betting Hero Ambassadors deployed at 250 unique locations across multiple U.S. betting jurisdictionsMore than 6,700 new depositing customers registered, a new company recordVancouver, British Columbia--(Newsfile Corp. - February 27, 2023) - FansUnite Entertainment Inc. (TSX: FANS) (OTCQX: FUNFF) ("FansUnite" or the "Company") is pleased to provide the following operational update on the Company's customer acquisition, retention, and development brand, Betting Hero ("Betting Hero").Over the three days prior to Super Bowl LVII and through the conclusion of the...

  2023-02-27 7:00 AM EST
• Stram Entertainment Limited Acquires FansUnite's BetPrep Affiliate Brand

  Vancouver, British Columbia--(Newsfile Corp. - February 9, 2023) - FansUnite Entertainment Inc. (TSX: FANS) (OTCQX: FUNFF) ("FansUnite" or the "Company") is pleased to announce a partnership that will result in Stram Entertainment Limited d.b.a. BestOdds ("BestOdds") acquiring one of the Company's affiliate brands, BetPrep. BetPrep allows bettors to test their wagering approach by comparing it to data and analysis on the most historically profitable betting conditions for any sport, league, or player prop. As part of the agreement, BestOdds will...

  2023-02-09 7:00 AM EST
• FansUnite Provides Preliminary Unaudited Fiscal 2022 Financial Results

  Total revenue in the range of $26.0 million to $27.3 million for the full year of Fiscal 2022, an increase of at least 364% year-over-yearGross margin in the range of 51% to 55% for the full year of Fiscal 2022 as compared to 51% in Fiscal 2021FansUnite continued its growth by obtaining a gaming supplier license for Ohio (U.S.)Vancouver, British Columbia--(Newsfile Corp. - February 7, 2023) - FansUnite Entertainment Inc. (TSX: FANS) (OTCQX: FUNFF) ("FansUnite" or the "Company"), a global...

  2023-02-07 7:30 AM EST