FansUnite
Introduces Nationally-recognized Gaming Expert Chris Grove to Board
of Directors
-Founder of
Largest Known iGaming Affiliate Exit in Regulated U.S.
Market-
Vancouver, British
Columbia, August 19, 2020 -- InvestorsHub NewsWire - FansUnite
Entertainment Inc. (CSE: FANS) (OTC: FUNFF), ("FansUnite" or the "Company"), a
technology company providing leading online gaming solutions, is
pleased to introduce Chris Grove to the Board of Directors. Chris
is a partner at Eilers & Krejcik Gaming, where he heads the
firm's Sports & Emerging Verticals division.
Grove is a
nationally-recognized gambling industry expert focused on market
and policy forecasting for the legal U.S. sports betting and online
gambling sectors. His insights are regularly cited by lawmakers,
analysts, and mainstream media including ESPN, Bloomberg, the New
York Times, and the Wall Street Journal. Grove has testified before
policymakers in multiple states on sports betting and related
issues, including California, Illinois, New York, Nevada, and
Washington State.
In addition to his
work with Eilers & Krejcik, Grove established himself as a
thought leader in the gambling market as the founder of Legal
Sports Report and Online Poker Report, both of which were sold in
2017 to Catena Media.
"We are excited to
welcome Chris and his vast experience in the global gaming market
to the FansUnite Board of Directors", said Scott Burton, CEO of
FansUnite Entertainment. "As a leading expert in the U.S. market,
Chris brings a wealth of experience to our Company, as well as
partnership, M&A, financing and regulatory opportunities for
FansUnite. Chris has been a supporter of the Company for many years
now, and we're fortunate to now solidify the relationship and have
him join our board."
"The explosion of legal online betting in the U.S. is opening an
array of opportunities for suppliers like FansUnite that understand
the importance of nimble technology, customer-driven brands, and
deep integration of esports," said Grove.
Chris will advise
the company in various matters, including US partnerships,
regulatory requirements, M&A, financing, and corporate
governance.
About FansUnite Entertainment Inc.
FansUnite is a
sports and entertainment company, focusing on technology related to
regulated and lawful online gaming and other related products. The
principal business is operating Askott Entertainment, focusing on
B2C and B2B esports products, the FansUnite Sportsbook and the
website of its wholly-owned subsidiary, McBookie Limited, offering
online gaming services to the UK market. FansUnite is also a
provider of technology solutions, products and services in the
gaming and entertainment industry and looks to acquire technology
platforms and assets with high-growth potential in new or
developing markets.
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 STATEMENTS:
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, the
Company's ability to become a leading technology platform and a
leader in the global I-gaming market, and to serve the gaming
market; the potential growth of the Company and the gaming market;
the increased number of betting options; the ability of the Company
to scale its B2B arm and maintain its B2C platforms; 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 NonOffering 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
(COVID19) 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 securities
laws.