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FansUnite Entertainment expands product offering into European online casino

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FansUnite Entertainment Inc (CSE:FANS) (OTCMKT:FUNFF) (FRA:4UY) announced Thursday that Askott Games — which the company acquired recently — has signed with a leading online casino games aggregator to distribute its proprietary Random Number Generated (RNG) games to online casinos and sportsbooks in the European market. 

In a statement, FansUnite said the first casino game aggregator to publish the Askott Games content will be the Ear Platform, a European-focused aggregator that will give Askott Games access to more than 120 online gaming sites they are integrated with.  

FansUnite said it has produced unique esports and video game-themed RNG/casino games under the Askott Games brand, which are ready to be launched to the market.

READ: Mackie starts coverage of FansUnite Entertainment with ‘Speculative Buy’ recommendation, target price of $0.55 per share

Besides hosting the games on its B2B offering, the Chameleon Gaming Platform, Askott Games will sign agreements with existing casino game aggregators to make the games available to thousands of online casinos and sportsbooks worldwide. Game aggregators compile the best casino games they can find and offer them to online casinos and sportsbooks through a single integration. 

Given that the arrangements 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, FansUnite said.

“When we started Askott Games we knew that online casinos were looking for ways to reach and engage with younger customers that were not interested in traditional casino offerings,” said Scott Burton, CEO of FansUnite. “The positive response we have received for our internally produced esports and video game-themed RNG games validates this thesis.” 

Burton said the integration with the Ear Platform will provide more exposure for the company’s games and will enable it to market to over 120 websites and thousands of end customers.

“This deal and the ones thereafter, give us the ability to sell our games through the networks aggregators have built and provide us the ability to quickly scale while producing a steady stream of recurring revenue to our overall business,” he said.

Andrei Siomela, commercial director of The Ear Platform, added: “We pride ourselves on having the best casino offerings available to our customers. Currently, we provide over 120 iGaming sites throughout Europe with casino games developed by tier 1 game providers. With the games that Askott is producing, we can offer games specifically designed for the most desirable audience, 18-30-year-olds, to our partners. Our customers are looking for solutions that appeal the most to this demographic.”

Askott Games is currently completing its fourth game with plans for over 10, within the next 12 months. With this announcement, FansUnite said it will also be launching the dedicated Askott Games (askott.games) site and begin business development.

Contact the author: [email protected]

Follow him on Twitter @PatrickMGraham

Story by ProactiveInvestors



Source: https://www.proactiveinvestors.com/companies/news/932166/fansunite-entertainment-expands-product-offering-into-european-online-casino-932166.html


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