FansUnite continues to proactively expand its global footprint by making fresh acquisitions across the UK.
Popular Vancouver-based sports betting company, FansUnite, has enhanced its global portfolio through licensed acquisitions of two UK subsidiaries. The new additions include EGG Limited and Askott Entertainment Inc., through which the company plans to launch its services on the local gambling market.
FansUnite is a Canadian sports and entertainment company that offers gaming technology to the regulated online market segment. Its iGaming platform provides excellent sports and eSports online betting solutions. These include in-play wagering, pre-match betting, daily fantasy, a broad range of content, and certified random number generator (RNG) solutions.
European Expansion
Through its subsidiaries, FansUnite has obtained remote gambling software licenses and remote betting licenses from the UK Gambling Commission. With these permits, the company will be able to offer its B2B wagering platforms to UK sportsbooks and casinos. Additionally, it will deliver its B2C services to the local market.
CEO of FansUnite, Scott Burton, stated that the approval of the B2B and B2C licenses is an outstanding achievement for the firm, allowing it to expand in one of the largest gaming markets globally. According to Burton, the entrance into a new market is a statement of the company’s strength and success of its advanced technologies.
FansUnite is also closely examining the gaming climate in Canada, following the recent passing of a bill to enhance sports betting offerings. The legislation, referred to as Bill C-218, will amend the Criminal Code to lift the prohibition on single-event sports betting and allow provinces to offer this new service.
The introduction of individual event wagering puts Canada in direct competition with the US in terms of gambling. With the new regulation, many gamblers will stop travelling south of the border to wager on major events like the Super Bowl. Another effect of the legislation is to prevent Canadians from pouring millions of dollars annually into anonymous offshore websites.
