Compliance Updates

FansUnite Secures B2C and B2B Licenses from UK Gambling Commission

Published

3 years ago

August 9, 2021

Reading Time: < 1 minute

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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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.