FansUnite
Signs Engagement Letter with Gaming Law Firm to Pursue U.S.
Licensing Strategy
-Ifrah Law
will guide FansUnite in navigating multiple state licenses in 2021,
starting with New Jersey-
VANCOUVER, British
Columbia -- February 10, 2021 -- InvestorsHub NewsWire
-- FansUnite Entertainment Inc. (CSE: FANS) (OTCQB: FUNFF) ("FansUnite" or the "Company") is
pleased to announce that the Company engaged the services of Ifrah
Law PLLC ("Ifrah Law"), a prominent U.S. gaming law firm to
collaborate with OneComply Inc. ("OneComply") in assisting
FansUnite with their U.S. licensing strategy.
In response to the
interest that FansUnite has received from U.S. gambling and casino
operators for their sports betting and iGaming solutions, a
founding member of Ifrah Law, Jeff Ifrah, will provide counsel to
FansUnite on their rapid expansion strategy across the different
U.S. jurisdictions beginning with New Jersey.
Jeff is an
accomplished lawyer who is nationally ranked by Chambers USA in
Gaming & Licensing Law given his reputation for legal
excellence as well as his involvement with major prosecutions and
lawsuits in the North American iGaming industry. Jeff's expertise
and extensive experience in the U.S. gaming landscape will be
integral to FansUnite's growth in the U.S. online gambling market
as the Company seeks to acquire multiple state licenses in 2021,
starting with the gaming license of New Jersey. In addition, Jeff
has worked with OneComply on numerous occasions and therefore, his
contribution will bolster OneComply's efforts in streamlining the
legal process for FansUnite's entry into the U.S.
"Jeff and his team
are a great addition to the global legal team that we have
assembled to oversee the delivery of FansUnite's offerings. We have
a lot of experience in gaming markets outside of North America.
Jeff will accelerate our expansion into the highly complex U.S.
betting and iGaming market," said Scott Burton, CEO of
FansUnite.
"We're excited to
onboard FansUnite at Ifrah Law to help guide their licensing
strategy in the US market," said Jeff Ifrah, Founding Member, Ifrah
Law. "We've been following FansUnite's recent growth and look
forward to working with their team to expand their footprint into
the US market."
About
FansUnite Entertainment Inc.
FansUnite is a
sports and entertainment company, focusing on technology related to
regulated and lawful online gaming and other related products. The
principal business is operating the FansUnite Sportsbook and the
website of its wholly-owned subsidiary, McBookie Limited,
offering online
gaming services to the UK market. FansUnite is also a provider of
technology solutions, products and services in the gaming and
entertainment industry and looks to acquire technology platforms
and assets with high-growth potential in new or developing
markets.
About Ifrah
Law PLLC
Ifrah Law is a full
service law firm with a focus on the gaming industry. Ifrah law has
represented online gaming clients since the inception of the
industry, and now represents many of the largest iGaming companies
and industry associations around the world. Ifrah has been at the
center of the most important prosecutions and lawsuits in the
online gaming industry, and were instrumental in the creation of
the legislative and regulatory frameworks for online gaming in
Delaware and New Jersey.
Nationally ranked
by Chambers USA in Gaming & Licensing Law, Jeff
Ifrah and his firm bring decades of
experience in betting and wagering law to advise startups in the
eSports space, including both real money and skill-based p2p
competition sites, on compliance with both state and federal law.
Our clients in the sports betting arena include FanDuel, FoxBet,
Bet365, Playtech, Unikrn, WorldPay/FIS Global, Genius, and
SportRadar.
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 ability of FansUnite to implement their US
licensing strategy, the ability of Ifrah Law to assist with
implementing FansUnite's US licensing strategy; creation of a
leading online gaming company, development of State regulations;
expansion of FansUnite into the U.S. market; FansUnite's ability
to fulfill
technology needs with its platform; business
development plans of FansUnite; 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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