Fansunite Entertainment Inc. Executes Memorandum of Understanding to Enter into a Long-Term Licensing Agreement with Lovell Brothers Limited
sports betting fans. Utilizing FansUnite's Chameleon iGaming platform, Dragon Bet plans to grow its loyal customer base to become the leading bookmaker in Wales. This agreement reinforces FansUnite's ongoing commitment to expand its footprint globally, where its wagering solutions can be targeted to gambling operators in virtually any jurisdiction. The U.K. alone is expected to generate an estimated £12.5 billion in gambling and betting activities revenue in 2022. FansUnite already operates in this marketplace through its wholly-owned subsidiary, McBookie Ltd., a prominent sportsbook based in Scotland.