Breaking News: FansUnite and MoneyLine Sports Announce Launch of New Online Wagering Platform for Regulated Markets | Financial Buzz

Breaking News: FansUnite and MoneyLine Sports Announce Launch of New Online Wagering Platform for Regulated Markets

FansUnite Entertainment Inc. (CSE: FANS) (OTCQX: FUNFF) is pleased to announce that the Company’s official white-label partner, MoneyLine Sports Inc. (“MoneyLine”), an Ontario-based SaaS and gaming technology company providing gaming solutions in the European and overseas markets, will be launching the online sports streaming and wagering portal, www.monelinesportsbook.com, in January 2022.

As previously announced, MoneyLine entered into a licensing agreement with FansUnite to create a joint media and wagering platform that integrates the Company’s wagering technology with streaming OTT sports content via web, Apple TV and mobile application. The next generation gaming portal will deliver an immersive user experience by offering live streaming services, robust odds, premium insights, and aggregating of leading sports betting services through its mobile application. In addition, the portal will offer several payment options, including crypto and fiat currencies, which MoneyLine will reward users for PayPal and fiat conversions on the Money Line Network.

Specifically, the MoneyLine platform will offer subscription-based premium streaming sports content and a customer acquisition-focused affiliate marketing business that operates in multiple betting jurisdictions.

“FansUnite is thrilled to serve as the technology provider for Moneyline Sports as we celebrate the upcoming launch of their online sportsbook,” said Scott Burton, CEO of FansUnite. “Our full gaming solution for player management, risk, data, player verification, sports and esports betting, and iGaming will allow MoneyLine to offer their customers a top-tier experience from Day 1. Our highly scalable technology will be with MoneyLine as they deploy their multifaceted, cross-platform strategy.”

“We are extremely excited to announce the launch of MoneyLine Sportsbook with our long time partner, FansUnite,” stated B. Michael Friedman, Founder of MoneyLine Sports. “It is our goal to build on the technology and licensed gaming platform of FansUnite as a streaming and gaming content provider, integrating our streaming OTT platform within this multibillion-dollar sector which is growing rapidly, but also converging. This opportunity will create the foundation and platform to build a global media and gaming technology company with technology and licensed content that separates us from the rest of the sector. As a public company, this rapidly growing sector is almost certain to increase in popularity and I believe is in the best interest for both current and new shareholders considering the current social climate.”

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