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It’s all funff and gmetf, (both companies part of the victory square portfolio, vsqtf), and should merge into one sports betting company so GMETF can benefit from funff’s recent cornering of the affiliate market for sports gambling. all imo

“ It’s all funff and gmetf, (both companies part of the victory square portfolio, vsqtf), and should merge into one sports betting company so GMETF can benefit from funff’s recent cornering of the affiliate market for sports betting. all imo

“ FANSUNITE ACQUIRES AMERICAN AFFILIATE, ACCELERATING ENTRY INTO U.S. GAMING MARKET
November 23 2021 - 01:51PM
InvestorsHub NewsWire

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FANSUNITE ACQUIRES AMERICAN AFFILIATE, ACCELERATING ENTRY INTO U.S. GAMING MARKET

Vancouver, British Columbia, November 23, 2021 - InvestorsHub NewsWire -- FansUnite Entertainment Inc. ("FansUnite" or the "Company") (CSE: FANS) (OTCQX: FUNFF), is pleased to announce a definitive agreement dated November 22, 2021 (the "Definitive Agreement") pursuant to which the Company has acquired ("Transaction") the businesses and brands of American Affiliate LLC ("American Affiliate"). The Transaction will result in FansUnite securing a podium position in the U.S. online betting opportunity and will be the cornerstone of a larger U.S. affiliate strategy going forward.

American Affiliate Business

American Affiliate is a diverse collection of assets dedicated to generating new depositing customers for legal sportsbooks, online casinos, online poker sites, and adjacent products in the U.S. market.

American Affiliate's vision blends an exclusive focus on the U.S. opportunity with marquee brands, a powerful omni-channel approach, a deep portfolio of proprietary technology, and a uniquely proven management team.

Transaction Highlights:

Accelerates Entry into U.S. Gaming Market: American Affiliates' Betting Hero brand is the #1 live activation company in the U.S. sports betting and online gambling market.
Revenue and EBITDA Growth: American Affiliate has produced trailing 12 months unaudited revenue and EBITDA of US$13.1 million and US$6.0 million respectively.
High-Value Customer Base: American Affiliate's assets have generated over 150,000 new depositing customers for legal U.S. online betting operators.
Partnerships with Tier-One Sportsbooks: Partnerships with leading sportsbooks and casinos including BetMGM, DraftKings, FanDuel, PointsBet, Underdog Fantasy, WynnBet, and more.
Strong Alignment with Existing Management and Shareholders: Consideration shares to be issued at a 42% premium to market price with share restrictions over a three-year period.
U.S. Pure Play: The only at-scale affiliate company focused primarily on the U.S. market.
True Omni-Channel: A premier at-scale omni-channel affiliate in the U.S. market, combining marquee digital brands with a best-in-class live activation arm.
Leading Intellectual Property Portfolio: Category-leading portfolio of proprietary technology.
World-Class Executive Team: Tier-one executive and management team with a history of success and scale in the U.S. gaming market.

"The acquisition of American Affiliate represents the most significant milestone for FansUnite to date," said Scott Burton, CEO of FansUnite Entertainment. "This transformative transaction will provide us further access to the lucrative U.S. regulated sports betting and online gambling market while generating accretive, high-margin revenue, expanding our leadership team, and accelerating the growth of our company's footprint in the global gambling market."

"When we looked at how quickly the U.S market is expanding, it made clear strategic sense for us to enter the affiliate business as a way to partner with some of the largest gambling companies in the world," continued Scott Burton. "We will now own and operate an unparalleled customer acquisition portfolio, allowing us to leverage our technology, brands, and talent to immediately capture share in the U.S. sports betting and online gambling market."

Combined, the American Affiliate brands represent one of the most significant single sources of new depositing customers for legal U.S. sports betting and online gambling operators. The leadership team has over 40 years of combined experience in the regulated gambling industry, including senior roles at market leaders such as ACEP, Amelco, DraftKings, Catena Media, and GeoComply.

Brands, platforms, content, and services highlighted in the Transaction include:

Betting Hero (www.bettinghero.com)
Props (www.props.com)
BetPrep (www.betprep.com)
Wagers (www.wagers.com)

"Legal U.S. sportsbooks and online casinos are spending billions of dollars to acquire and retain customers," said American Affiliate CEO Chris Grove. "Our brands, team, and technology allow us to capture a meaningful share of that marketing spend today while producing some of the highest margins in the U.S. online betting ecosystem."

"But that success is only a starting point," Grove continued. "We anticipate unprecedented near-term growth as legal online betting continues to expand into new states and new products. Joining with FansUnite was key to our strategy of aggressively scaling our business to meet that opportunity head-on."

Investor Call

The executive teams from FansUnite and American Affiliate will be hosting a webinar to discuss the transaction on November 29, 2021 at 1:00PM EST.

Please click the link to register:
https://us02web.zoom.us/webinar/register/WN_79sLLGvjTmm9x8JuPs681w

A presentation outlining the transaction can be found:
https://www.fansunite.com/press/american-affliate-acquisition
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