Tag: FansUnite
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Flashback: FansUnite (FANS.C) closes upsized $24.7 million growth capital financing
Originally posted July 16, 2021 FansUnite Entertainment (FANS.C) announced the closing of their public offering, which raised gross proceeds of $24,792,390. FANS issued 27,547,100 units for the offering, which they sold at $0.90 a piece. Each unit consisted of one share and one-half of a common share warrant. Every full warrant allows its holder to…
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FansUnite (FANS.C) completes integration of cryptocurrency payment service CoinsPaid
FansUnite Entertainment (FANS.C) announced they have fully integrated CoinsPaid into their B2B online gambling solutions. CoinsPaid provides cryptocurrency payment services and personal wallets. By integrating CoinsPaid into their system, FansUnite is enabling crypto payments to be used on their gambling features in addition to cash. B2B partners that license FansUnite’s technology are now enabled to…
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FansUnite (FANS.C) CEO applauds passage of bill legalizing betting on individual sport events
FansUnite Entertainment (FANS.C) CEO Scott Burton issued a statement following the House of Commons passing Bill C-218 on April 22, 2021. The bill, known as “The Safe and Regulated Sports Betting Act,” would make betting on individual sport events legal in Canada. Currently, it is only legal to engage in parlay-style bets, which are when…
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FansUnite Entertainment (FANS.C) partners with TGS Esports
FansUnite Entertainment (FANS.C) has announced a strategic partnership with TGS Esports to launch live esports tournament prediction games. “The partnership with TGS Esports brings forth a new platform that will enable us to capture new opportunities within the fast-growing esports market…TGS collaborates with numerous esports event organizers who have a large following of enthusiastic esports…
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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) surprises market, earns European online casino gaming licenses
In an announcement that will have surprised many, FansUnite (FANS.C) announced Monday their Askott Entertainment and E.G.G. subsidiaries have received approval from the Malta Gaming Authority for a Gaming Service License and Critical Gaming Supply license, allowing the group to provide online casino games, fixed odds betting, pool betting, and controlled skill games across Europe.…
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The rise of FansUnite (FANS.C) is a profit superspreader event
If you’ve been close to a company as it’s gone public, you’ll have no doubt experienced the issue for yourself: Someone, somewhere, who got in early and cheaply decides to break ranks with the other founders and deal guys, and dumps their shares the first chance they get. There are several problems with this, not…
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FansUnite (FANS.C) flying hard, a three-week three-bagger as revenues leap
FansUnite (FANS.C) is the star of the junior exchanges these past few weeks, accelerating hard on the back of good financial news earlier this month, to be up some 200% in three weeks. The run has seen stock in the company move from a 52-week low of $0.185 up to $0.57 today, with trading volume…