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TICKERS: FANS; FUNFF

Acquisition Target Develops Video Game Themed Casino Game
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The firm is developing a series of video games and esports themed casino games for online sportsbooks and casinos to offer.

In a news release, FansUnite Entertainment Inc. (FANS:CSE; FUNFF:OTC) announced that Askott Entertainment Inc., which FansUnite is in the progress of acquiring, finished development of its second casino video game, "Crash Heist," part of a planned series.

Askott is a Vancouver-based technology firm that develops online gaming software. "Crash Heist" follows its first random number generator (RNG), or casino, game, "Loothunter."

In "Crash Heist," players break into a bank vault for a fee of their choice. Once inside, they get money, and it increases until they leave the vault. If they exit the vault before the police arrive, the money is theirs. If they don't, they crash out.

"Many sportsbooks offer casino games, and with the recent COVID-19 pandemic, the importance of having such games has been magnified," the release explained. "Askott is developing games that will appeal to a broader target market that includes a growing younger demographic along with traditional gamers."

"Crash Heist" and "Loothunter" can be played on various platforms. Askott's partners will have access to all of its games, and other operators may license them as standalone products.

"These additional offerings will result in more engagement from bettors and higher retention on our platforms. Without the need for live e-sports events, these games can be played 24/7 by our players, allowing for more consistent betting and predictable revenue," Askott CEO Scott Burton said in the release.

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Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with FansUnite. Please click here for more information. Click here for important disclosures about sponsor fees.
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5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of FansUnite, a company mentioned in this article.




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