FansUnite Appoints Prominent Gaming Industry Leader Anna Smith as Head of Compliance
Smith has worked in several key areas of compliance at major sports betting and casino companies
Vancouver, British Columbia--(Newsfile Corp. - July 8, 2021) - FansUnite Entertainment Inc. (CSE: FANS) (OTCQX: FUNFF) ("FansUnite" or the "Company") is pleased to announce that the Company has appointed Anna Smith as the Head of Compliance.
With more than 10 years of gaming industry experience, Smith has built a successful career working in anti-money laundering, fraud detection, payments and investigations. For the last three years, she has held the role of a Money Laundering Reporting Officer at several well-recognized international gambling companies that operate in the U.K. and Malta jurisdictions. In addition, she has worked as a Fraud Analyst at bet365, an immensely popular British sports betting operator.
Smith will be responsible for ensuring that FansUnite's B2B and B2C operations comply with the licensing requirements and laws of each regulated market related to iGaming, sports betting and virtual casino. She will draw on her expertise to oversee all legal, compliance and regulatory risk matters at FansUnite as it enters new markets.
"We are pleased to welcome Anna Smith to the FansUnite team. Her role as the Head of Compliance represents a critical step for us in navigating the complex laws of each regional market," said Scott Burton, CEO of FansUnite. "As part of FansUnite's expansion strategy to rapidly scale up in different betting jurisdictions, Anna will assist us in building a comprehensive compliance framework, enabling us to expand our global operations effectively within the boundaries of regulated betting."
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
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.
FORWARD-LOOKING STATEMENTS: Certain information contained herein may constitute "forward-looking information" under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "believes," "belief," "expects," "intends," "anticipates," "potential," "should," "may," "will," "plans," "continue" or similar expressions to be uncertain and forward-looking. Forward-looking statements may include, without limitation, statements relating to future outlook and anticipated events such as; FansUnite's ability to fulfill technology needs with its platform; business development plans of FansUnite; legal framework; 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 are based on the Company's estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of FansUnite to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Additional information regarding the risks and uncertainties relating to the Company's business are contained under the heading "Risk Factors" in the Company's Non-Offering Prospectus dated March 27, 2020 filed on its issuer profile on SEDAR at www.sedar.com and risks related to global pandemics, including the novel coronavirus (COVID-19) global health pandemic, and the spread of other viruses or pathogens and influence of macroeconomic developments. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The forward-looking statements in this news release are made as of the date of this release. FansUnite disclaims and does not undertake to update or revise any forward-looking statements or forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable.
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