Tag: compound growth rate
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FansUnite (FANS.C) spikes 23% as single-game sports betting laws advance in Canada
The Canadian Gaming Association estimates that in 2020 $15 billion was bet on sports in Canada, of which only $450 million (3%) was done legally.
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Victory Square (VST.C) & FansUnite (FANS.C): the difference between U.S. and Canadian V.C. culture
A recent article in The New Yorker, savagely attacked American Venture Capital (V.C.) culture – focusing on the billions of dollars wasted on WeWork’s bullshit business model. The CEO of WeWork (an office-share company) was a self-aggrandizing, charismatic, pot-smoker named Adam Neumann who destroyed competitors by charging unsustainably low office rental rates. The V.C companies…
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FansUnite (FANS.C) shareholders have head-on-a swivel as McBookie revenues surge
Betting volume was $2.2-million, an increase of 188%, compared with October, 2019.
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FansUnite (FANS.C) RNG games get wider distribution in Europe
The arrangements with game aggregators are on a revenue share basis, Askott Games will receive a share of the net gaming revenue every time one of their games is played.
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FansUnite’s (FANS.C) McBookie announces y-o-y Gross Gaming Revenue increase of 412%
The increase resulted in a YOY increase in Gross Gaming Revenue of 412%, generating gross gaming revenue of $371,000 for July and August 2020 and a gross margin of $161,000.
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FansUnite (FANS.C) expands footprint in U.S. e-sports i-gaming market
The partnership with GameCo is a significant inflection point for Fansunite and accelerates our plans to enter the U.S. market by at least six to 12 months
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FansUnite (FANS.C) announces new talent and new money
“Chris 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,” states FANS, “His insights are regularly cited by lawmakers, analysts, and mainstream media including ESPN, Bloomberg, the New York Times and the Wall Street Journal.”
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Fansunite (FANS.C) completes casino-themed Crash Heist video game
Askott’s “Crash Heist” is not dependent on a live esport event. It can be played 24/7 – allowing for more consistent betting and predictable revenue.
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FansUnite (FANS.C) McBookie betting volume up 59%
According to a recent report by Grandview Research, the global online gambling market size was valued at USD $53.7 billion in 2019 and is expected to grow at a compound annual growth rate of 11.5% from 2020 to 2027.