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"Buzz on the Street" Show: FansUnite Entertainment (OTCQB: FUNFF) (CSE: FANS) U.K. Gambling Licenses | "Buzz on the Street" Show: FansUnite Entertainment (OTCQB: FUNFF) (CSE: FANS) U.K. Gambling LicensesFinancial Buzz


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Breaking News: FansUnite Entertainment Applies for U.K. Gambling Licenses | Breaking News: FansUnite Entertainment Applies for U.K. Gambling LicensesFinancial Buzz

FansUnite Entertainment Inc. (OTCQB: FUNFF) (CSE: FANS) ("FansUnite" or the "Company") announced that its subsidiaries, Askott Entertainment (Malta) Limited and E.G.G. Ltd., have filed applications for both Business-to-Business ("B2B") and Business-to-Consumer ("B2C") gambling licenses, respectively with the U.K. Gambling Commission ("Gambling Commission").FansUnite Entertainment Inc. (OTCQB: FUNFF) (CSE: FANS) ("FansUnite" or the "Company") announced that its subsidiaries, Askott Entertainment (Malta) Limited and E.G.G. Ltd., have filed applications for both Business-to-Business ("B2B") and Business-to-Consumer ("B2C") gambling licenses, respectively with the U.K. Gambling Commission ("Gambling Commission"). The U.K. Gambling Commission was set up under the Gambling Act 2005 to. ....

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New Approach to Licensing Prompts Rapid Growth of the Online Betting Market


New Approach to Licensing Prompts Rapid Growth of the Online Betting Market
FinancialBuzz.com News Commentary
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NEW YORK, March 4, 2021 /PRNewswire/  Two major segments of the online gambling industry are online gaming (i-gaming) and sports betting. Online gaming, in particular, has proven to be a pandemic proof segment. An increasing number of online events with large prize pools are now expected to create new opportunities for players and betters alike. As for sports betting, the segment has also benefited from a continuously improving and friendlier legal infrastructure. For example, a report by the Chicago Sun-Times indicates that New Jersey gamblers set a nationwide record for the most money bet on sports in a single month, spending almost USD 668 Million in August on events including resurgent baseball, basketball and hockey seasons that had been interrupted by the outbreak. As a result of the evident spike in demand, Mor ....

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