Tag: gambling
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![Flashback: FansUnite (FANS.C) closes upsized $24.7 million growth capital financing]()
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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![CEO interview: Intema Solutions’ (ITM.V) boss Laurent Benezra]()
CEO interview: Intema Solutions’ (ITM.V) boss Laurent Benezra
Canada’s Intema Solutions (ITM.V) is not just an e-sports company. They’re an e-sports company acquiring other e-sports niche companies to put together one larger e-sports community, like a capital markets Transformer. They’re been red hot on the M&A tilt over the last six months and featured a strong stock performance before being trade-halted for a…
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![FansUnite (FANS.C) completes integration of cryptocurrency payment service CoinsPaid]()
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 (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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![Video: Intema Solutions (ITM.V) CEO explains how his 20-year-old tech company is evolving]()
Video: Intema Solutions (ITM.V) CEO explains how his 20-year-old tech company is evolving
Vancouver-based veteran news anchor Jody Vance likes to walk CEOs back from their usual ‘inside baseball’ business pitches and explain their deals so that anyone can understand them, and that’s a good thing when it comes to Intema Solutions (ITM.V) because it’s a technology company in the midst of a pivot that will make them…
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![Interactive Games Technologies (BETS.C) fantasy sports gambling in India is a strong bet]()
Interactive Games Technologies (BETS.C) fantasy sports gambling in India is a strong bet
In most of what you’ll read about gambling, you don’t hear a lot about it being almost a pure economic activity. Think about it, though. Every time you place a bet someone makes money. Mostly it’s the house but you’ll occasionally have the smart player who hits a pre-set win condition and elects to walk…
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Interactive Games Technologies (BETS.C): The door is opening, and not just in North America
Adopting a sin as an acceptable, taxable business is slow going. From the moment our government overlords decide to un-ban a thing, it takes often years, even decades, to move through the many stages of evolution before it can become fully embraced by society. Take booze as an example. In the 1930’s, coming out of…
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![FansUnite (FANS.C) spikes 23% as single-game sports betting laws advance in Canada]()
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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![FansUnite Entertainment (FANS.C) enlists compliance firm, OneComply, to aid the bounce into American gambling jurisdiction]()
FansUnite Entertainment (FANS.C) enlists compliance firm, OneComply, to aid the bounce into American gambling jurisdiction
Fansunite Entertainment (FANS.C) has forged a partnership with Vancouver-based compliance and licensing solution OneComply to offer advice on protocol and strategy on entering other legalized North American gambling hotspots today, according to a press release. This moves comes shortly after the repeal of the Professional and Amateur Sports Protection Act (PASPA), which has orchestrated a…
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![Victory Square (VST.C) & FansUnite (FANS.C): the difference between U.S. and Canadian V.C. culture]()
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…
