FansUnite
Entertainment Enters Partnership with Global Gaming Leader Pinnacle
Solutions
-
Pinnacle will provide the B2B Chameleon
Gaming Platform with the
most comprehensive esports data and odds feed -
Vancouver, British
Columbia -- Oct 6th, 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 announce its latest partnership with Pinnacle Solutions
("Pinnacle"), a global leader in online sports
betting.
FansUnite is
excited to announce its partnership with Pinnacle to incorporate
Pinnacle's new esports data and odds feed into its Chameleon Gaming
Platform. The partnership is part of its strategic plan to
collaborate with the best data providers for its esports betting offering.
Through Pinnacle's partnership with GRID Esports, they gain direct
access to GRID's contracts with esports leagues and tournaments,
making it the best data source for many major esports events. In
partnering with Pinnacle, FansUnite can now offer the best
odds on esports bets for its Chameleon Gaming Platform partners,
giving it a competitive advantage over other turnkey B2B esports
betting products.
"We aim to partner
with the leading companies in the industry to provide the
best product and
options to our customers using the Chameleon Platform. With
Pinnacle's addition and their relationship with GRID Esports, we
continue to add the best esports betting data available with the
most markets and the best odds. It's exciting to
be the first to
offer Pinnacle Solution' service, and we are honoured they chose to
work with us." stated FansUnite CEO Scott Burton.
"The next step is
to effectively market the Chameleon Gaming Platform to
sportsbooks,"
continued Scott Burton. "We want to ramp up our B2B
segment and get a guaranteed licensing fee
when sportsbooks use our services. In addition, we generate
additional income as our partners grow as we share in a percentage
of the net gaming revenue giving us unlimited upside revenue
potential.
Partnering with Pinnacle will help take our B2B esports solution to
a new level."
Pinnacle's CEO
Paris Smith added "We are really excited to announce this
partnership with FansUnite. Pinnacle Solution is going from
strength to strength and it's great to see our product getting out
there and enhancing the betting experience for customers around the
world. We are always focused on getting the most value out of our
partnerships for us and our partners. Our deal with FansUnite will
certainly add to our experience as a supplier and we
are really looking forward to working closely with their team and
helping them achieve their goals."
"Our B2B strategy
is one that is built on laying solid foundations. Our continued
growth, which includes deals like this, is a clear sign that we are
working hard to build on our already impressive offering and keep
leading the way for others to follow. Whether it's the odds, the
risk management, the data, we have the complete package as well as
a best-in-class service to match."
About
FansUnite Entertainment Inc.
FansUnite is a global sports and entertainment company, focusing on
technology related to regulated and lawful online gaming and other
related products. FansUnite has produced a one of a kind complete
iGaming platform,
with a sports and esports focus geared for the next generation of
online bettors and casino players. The platform includes products
for pre-match betting, in-play betting, daily fantasy, content and
a certified RNG to produce casino style chance games.
The platform operates multiple B2C brands and B2B software for the
online gambling industry. FansUnite also looks to acquire
technology platforms and assets with high-growth potential in new
or developing markets.
About
Pinnacle Solution
Pinnacle
Solution offers a
comprehensive B2B sportsbook service built on the foundation of
unrivalled risk management expertise and the unique ability to
leverage Pinnacle's 20+ years of industry experience as an
operator.
In
addition to its wide-ranging traditional sports offering,
Pinnacle Solution is also renowned for being the leading supplier
in esports betting. Winning multiple awards has positioned Pinnacle
Solution as the gold standard in B2B esports betting, proven to
help clients take their product to the next level.
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: 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 such as: the leveraging of GameCo's
US license
infrastructure; GameCo becoming an official reseller of the
platform; the Company's entrance into the US market and the
Company's strategy with respect thereto; the importance of the US
market to the Company; impacts of the GameCo/Askott
partnership on the
Company's success; 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
Non-Offering
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 (COVID-19) 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.
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