Compliance Updates
FansUnite Secures B2C and B2B Licenses from UK Gambling Commission
FansUnite Entertainment has announced that its subsidiaries Askott Entertainment Inc. and E.G.G. Limited have been granted licenses from the UK Gambling Commission, enabling the Company to serve as a Business-to-Business (B2B) technology provider and Business-to-Consumer (B2C) operator in the UK online gambling market.
These licenses allow FansUnite to supply its B2B wagering platforms to UK sportsbooks and casino operators, and deliver its B2C betting solutions to the UK marketplace. The Company previously announced that it had submitted its license applications on 4 March 2021.
“The approval of both the B2B and B2C licenses represents a significant milestone for us as we can now expand our operations to one of the largest online gambling markets in the world,” Scott Burton, CEO of FansUnite, said.
“The UK Gambling Commission’s approval of our application for these licenses opens the door for FansUnite to showcase the strength and robustness of our advanced technology in this market. As we enter our next phase of global growth, we will look to partner with betting operators in the United Kingdom and deploy our wagering solutions to capitalize on the UK’s large population of online bettors,” Scott Burton added.
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