• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Techcouver.com

 
 
 
  • News
  • Web3
  • Thought Leadership
  • Bulletin Board
  • Job Board
  • About
    • Contact Us
  • Advertise
You are here: Home / News / Vancouver Platforms Merge To Create Canadian Gaming Leader

Vancouver Platforms Merge To Create Canadian Gaming Leader

June 24, 2020 by Techcouver Newsdesk

Victory Square Technologies portfolio company FansUnite is merging with Askott Entertainment to create one of Canada’s leading gaming companies.

FansUnite, which runs the FansUnite Sportsbook in the UK market, will acquire all of the outstanding shares of Askott, also Vancouver-based, in a three-way transaction, which also involves investor Victory Square Technologies.

The amalgamation will see the companies continue as one corporation, with the focus on sports betting, esports wagering and casino games.

“This merger with Askott will represent our most significant milestone to date and transform us into one of Canada’s leading gaming companies,” said Darius Eghdami, CEO of FansUnite Entertainment.

“With the addition of Askott, we will have a fully integrated gaming asset that offers multiple B2C platforms for users, B2B technology for all forms of sportsbooks, and a seasoned team of executives that have led and grown multiple organizations on a global scale.”

The new combined entity will have four live Business-to-Consumer platforms with over 300,000 registered members and over $350 million wagered since inception.

“The FansUnite merger with Askott accelerates the company’s vision of becoming a global leader in the gaming space,” said Shafin Diamond Tejani, CEO of Victory Square Technologies. “Askott’s robust eSports betting technology platform and in-house built RNG Casino games complements FansUnite’s sports betting, casino, and virtual offerings.”

Last month FansUnite raised $3 million, acquired U.K. betting service McBookie, and listed on the CSE under trading symbol FANS.

Filed Under: News Tagged With: FansUnite, Victory Square Technologies

 
 
 

Primary Sidebar

 
 
 

Stay Connected

About Us

Techcouver provides real-time reporting and analysis of emerging technology news in Vancouver and throughout British Columbia. The … READ MORE... about About Us

Copyright © 2022 Incubate Ventures

Privacy Policy