FansUnite Announces New March 12, 2022 Launch Date of VamosGG Cup

March 04, 2022 7:00 AM EST | Source: FansUnite Entertainment Inc.

Vancouver, British Columbia--(Newsfile Corp. - March 4, 2022) - FansUnite Entertainment Inc. (CSE: FANS) (OTCQX: FUNFF) ("FansUnite'' or the "Company"), announced today that Saturday, March 12, 2022 will be the new launch date of the VamosGG Cup, a Counter-Strike: Global Offensive ("CS:GO") tournament featuring gamers, streamers and influencers.

Following the successful partnership with Brazil's largest gaming streamer, Gaules that saw VamosGG set registration and time-on-site records, FansUnite's Brazilian esports wagering platform established the VamosGG Cup.¹ The two-day event, featuring some of Brazil's most popular streamers as captains and competitors, positions VamosGG to increase brand exposure, attract new followers and register more new players.

The tournament was initially set to begin on March 5, 2022 but was rescheduled due to the upcoming CS:GO Major South American qualifiers which will take place on the same day.

Overview of VamosGG Cup

Participants: Four teams will compete for the title. Each team has a designated captain that will select four more players to round out their five-person teams, for a total of 20 players participating.

Format: The teams will compete against each other on a CS:GO game map that will be created exclusively for the VamosGG Cup. Organized in best-of-three matches, the Cup will have its semi-finals on Saturday and the grand final will take place on Sunday, right after the match for third place. Games start at 2:00 PM local time. Everyone receives a cash prize according to their final placement.

Broadcast/streaming: The tournament will be streamed live on the four captains' Twitch and social media channels. Team captains Henrique "Hen1" Teles, Gustavo "Zaph" Santiago, Isadora "Isa" Sudati and Kevyn "Balerostyle" Guedes are elite CS:GO competitors with a combined social media reach of over one million followers.

About FansUnite Entertainment Inc.

FansUnite is a global sports and entertainment company, focusing on technology related to regulated and lawful online gaming and other related products. FansUnite has produced a one-of-a-kind complete iGaming platform, with a sports and esports focus geared for the next generation of online bettors and casino players. The platform includes products for pre-match betting, in-play betting, daily fantasy, content and a certified RNG to produce casino style chance games. The platform operates multiple B2C brands and B2B software for the online gambling industry. FansUnite also looks to acquire technology platforms and assets with high growth potential in new or developing markets. The Company also provides technological solutions and services in the global gaming and entertainment industries. Its technology includes fixed/parimutuel odds, in-stream betting, live betting, casino-style games, cryptocurrency wallet and news content.

For further information, please contact:

Prit Singh, Investor Relations at FansUnite
ir@fansunite.com
(905) 510-7636

Scott Burton, Chief Executive Officer of FansUnite
scott@fansunite.com

Darius Eghdami, President of FansUnite
darius@fansunite.com

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 INFORMATION:

This news release contains certain statements that may constitute forward-looking information under ‎applicable securities laws. All statements, other than those of historical fact, which address activities, ‎events, outcomes, results, developments, performance or achievements that FansUnite anticipates or ‎expects may or will occur in the future (in whole or in part) should be considered forward-looking information. Often, but not always, forward-looking information can be identified by the use of words such ‎as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", ‎‎"anticipates", or "believes" or variations (including negative variations) of such words and phrases, or ‎statements formed in the future tense or indicating that certain actions, events or results "may", "could", ‎‎"would", "might" or "will" (or other variations of the forgoing) be taken, occur, be achieved, or come to ‎pass. Forward-looking statements may include, without limitation, statements relating to ‎‎‎the success and occurrence of any upcoming live or virtual events; influencers social media reach and its ability to translate into success for FansUnite; FansUnite's ability to ‎fulfill technology needs with its ‎platform; business development ‎plans of ‎FansUnite; the Company's unique portfolio of assets; and discussion of future plans, ‎projections, ‎objectives, estimates ‎and forecasts and the timing related thereto. Forward-looking statements in this news release include, but are not limited to, discussion of future plans and ability to increase the Company's reach to different regulated betting markets across the United States.

Forward-looking information are based on assumptions and analyses made by the Company in light of its ‎experience and its perception of historical trends, current conditions and expected future developments, ‎including, but not limited to, expectations and assumptions concerning: interest and foreign exchange ‎rates; capital efficiencies, cost saving and synergies; growth and growth rates; the success in the online ‎gambling and sports betting industry; the regulatory environment applicable to online gambling and sports ‎betting; the technological infrastructure and support needed to host the Company's online gambling and ‎sports betting platforms and applications; any cryptocurrency applications to the Company's business; ‎and the Company's growth plan. While FansUnite considers these assumptions to be reasonable, based ‎on information currently available, they may prove to be incorrect. Readers are cautioned not to place ‎undue reliance on forward-looking information. In addition, forward-looking information necessarily involve ‎known and unknown risks, including, without limitation, risks associated with general economic conditions; ‎risks associated with the regulatory environments in the jurisdictions the Company operates in; ‎technology-related risks that could adversely effect the Company's ability to operate its online gambling ‎and sports betting platforms and applications, risks related to the novel coronavirus (COVID-19) global ‎pandemic and any effects it might have on the Company's business thereto. Readers are cautioned that ‎the foregoing list is not exhaustive. For more information on the risk, uncertainties and assumptions that ‎could cause anticipated opportunities and actual results to differ materially, please refer to the public ‎filings of FansUnite which are available on SEDAR at www.sedar.com. Readers are further cautioned not ‎to place undue reliance on forward-looking information as there can be no assurance that the plans, ‎intentions or expectations upon which they are placed will occur. Such information, although considered ‎reasonable by management at the time of preparation, may prove to be incorrect and actual results may ‎differ materially from those anticipated. Forward-looking information contained in this news release are ‎expressly qualified by this cautionary statement and reflect our expectations as of the date hereof, and ‎thus are subject to change thereafter. FansUnite disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, ‎except as required by applicable law. ‎