FansUnite Subsidiaries Granted U.K. Gambling Licenses
FansUnite Entertainment Inc.’s subsidiaries, Askott Entertainment Inc. and E.G.G Limited, have been permitted licenses by the Gambling Commission of the United Kingdom. The announcement came from the globally recognized sports and entertainment company of FansUnite Entertainment Inc., which also speaks of the additional authorizations that come with the same. One that includes serving as a business-to-business or B2B provider of technology along with a business-to-consumer or B2C operator for the gambling markets of the U.K.
FansUnite is all set with the license approval for delivering the suite of its iGaming products and work through the deployment of the B2C betting solutions throughout the U.K. The world’s largest betting markets tag goes to none other than the U.K. The gambling industry of the U.K. comprises a whopping 30.2 million adult bettors registered for the period between 2019 to 2020. At the same time, the gross gambling revenue was a staggering 14.26 billion pounds.
The Gambling Commission has bestowed licenses for remote gambling software and remote betting through the subsidiaries to FansUnite. A move that entails the allowance of supplying B2B wagering platforms by FansUnite to the sportsbooks and casino operators of the U.K. While the move also enables FansUnite to deliver B2C betting solutions across the marketplaces of the U.K.
The 4th of March 2021 saw the submission of the license applications by the company, which was cleared through an announcement by the company itself. While gaming licenses for both B2B and B2C for Malta already rests with FansUnite. Counted as a notable milestone, the sanctioning of the B2B and B2C licenses showcases the expansion of operations across the world’s largest online gambling markets as quoted by the C.E.O. of FansUnite, Scott Burton.
The approval of the license application by the Gambling Commission of the U.K. paves the way for showcasing the strength and vigor of FansUnite. This is for bringing advanced tech to the market. The company’s global growth plans are set to enter its next phase, and there are possibilities of tying up and partnering with prospective betting operators across the United Kingdom. A move that will be directed at the deployment of the wagering solutions for capitalizing on the wide populace of online bettors across the U.K.