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    FANS   CA30727R1091

FANSUNITE ENTERTAINMENT INC.

(FANS)
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FansUnite Entertainment Shortlisted for Two 2021 EGR North America Awards

05/03/2021 | 03:05am EDT

Vancouver, British Columbia--(Newsfile Corp. - May 3, 2021) - FansUnite Entertainment Inc. (CSE: FANS) (OTCQB: FUNFF) ("FansUnite" or the "Company") is pleased to announce that it has been shortlisted for the 2021 EGR North America Awards' Full-Service Platform Provider and Sportsbook Platform Provider Awards.

Considered the gold standard in the industry, the EGR Awards recognize and reward the top suppliers and operators in the fast-growing North American online gaming market. The recipients of the EGR awards will be selected based on their achievements in advancing the gaming industry across various verticals.

In the 'full-service platform provider' category, FansUnite has been nominated as one of two finalists alongside GAN Limited, one of the largest U.S. iGaming solutions. In the 'sportsbook platform provider' category, the Company will be competing against prominent online gambling companies such as IGT PlaySports, Kambi and Scientific Games for the award.

"Widely regarded as one of the premier gaming awards in North America, the EGR Awards celebrates the accomplishments of leading gaming companies in North America," said Scott Burton, CEO of FansUnite. "Given the growing demand for online gambling, our committed team remains focused on our vision of providing innovative B2B software while enabling growth across our entire ecosystem of assets. We are proud to see that our efforts are being recognized for the second straight year at the EGR Awards alongside well-established North American operators who are collectively improving, innovating, and leading the global gaming market."

The full listing of companies nominated can be viewed here:
https://www.egrnorthamericaawards.com/page/1807846/2021-shortlist-

The winners will be announced at EGR's virtual awards ceremony on May 26, 2021.

FansUnite today also announced that it has retained KCSA Strategic Communications ("KCSA"), a leading New York City-based communications firm. KCSA and the Company's management team will create a comprehensive, strategic communications program to lead the Company's public and investor relations programs. For its services, KCSA will receive US$15,000 per month. The term of the engagement will initially be six months and then ongoing on a month-to-month basis with the Company's right to terminate on 30 days' notice.

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.

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 the efficacy of KCSA services; recognition from any potential awards at EGR North American Awards; 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.‎

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/82616


ę Newsfilecorp 2021
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Financials
Sales 2020 1,56  1,29  1,29 
Net income 2020 -13,5 M -11,1 M -11,1 M
Net cash 2020 3,82 M 3,16 M 3,16 M
P/E ratio 2020 -7,70x
Yield 2020 -
Capitalization 115 M 95,3 M 95,2 M
EV / Sales 2019 -
EV / Sales 2020 107 490 198x
Nbr of Employees -
Free-Float 80,3%
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Last Close Price 0,63 
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Managers and Directors
NameTitle
Scott Burton Chief Executive Officer & Director
Darius Eghdami President & Director
Graeme Moore Chief Financial Officer & Secretary
Jeremy Hutchings Chief Technology Officer
Ian Winter Chief Operating Officer
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