- FansUnite (FANS) has applied to become a gaming-related supplier with the Alcohol and Gaming Commission of Ontario
- A gaming-related supplier and manufacturer license would allow the company to offer its proprietary sports, esports and casino white-label gaming platform to AGCO-approved operators
- Ontario is the first Canadian location to accept applications from external online gaming operators
- FansUnite Entertainment is a global sports and entertainment company focused on the technology underlying regulated and lawful online gaming
- FansUnite (FANS) closed down by 5.08 per cent trading at $0.56 per share
FansUnite (FANS) has applied to become a gaming-related supplier with the Alcohol and Gaming Commission of Ontario.
As the holder of a gaming-related supplier and manufacturer license, the company would be able to provide Chameleon – its proprietary sports, esports and casino white-label gaming platform – to AGCO-approved operators.
This past August, the Canadian federal government approved Bill C-218, paving the way for provincial and territorial governments to manage single-event sports betting and licensing in their respective jurisdictions.
With single-event sports betting already on offer through OLG’s Proline, Ontario has exercised the first-mover advantage of being the only Canadian location to accept applications from external online gaming operators.
FansUnite currently holds B2B and B2C licenses from numerous gaming commissions, including jurisdictions such as Malta and the United Kingdom.
Scott Burton, CEO of FansUnite, stated,
“As a Canadian-grown company, we’ve been looking forward to the day where we can operate in our home country. Ontario’s success will set the framework and serve as the blueprint for how the rest of the provinces could approach regulated gaming. That said, we are eager to be a part of that success.”
FansUnite Entertainment is a global sports and entertainment company focused on the technology underlying regulated and lawful online gaming.
FansUnite (FANS) closed down by 5.08 per cent trading at $0.56 per share.
