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FansUnite Entertainment (CSE:FANS) signs MOU with Welsh bookmaker Dragon Bet

Media, Technology
CSE:FANS
19 April 2022 11:30 (EDT)
FansUnite - CEO, Scott Burton.

Source: YouTube.

FansUnite Entertainment (FANS) has announced a licensing agreement with Lovell Brothers Limited, owners of Dragon Bet.

This MOU will see the company launch a new online sports betting portal, www.dragonbet.co.uk, which will be powered by FansUnite’s Chameleon iGaming platform.

Dragon Bet will license FansUnite’s Chameleon white-label betting software for its new online platform, which will launch in the U.K. later this year and include betting products that are customized for Welsh 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.

“We are pleased to announce this agreement with Dragon Bet and the Lovell family who have a rich betting history in Wales,” said Scott Burton, CEO of FansUnite.

“This recognition has allowed us to partner with Dragon Bet where we will assist them with their plans to become the top Welsh bookmaker,” he added.

“Dragon Bet is the digital rebranding of John Lovell Racing, a prominent Welsh bookmaker and we are excited to launch our new online wagering platform with FansUnite,” said David Lovell, Director and Co-Founder of Dragon Bet.

Dragon Bet is an online vertical conceived by James & David Lovell to rebrand and channel their storied and long-standing family business, John Lovell Racing, in the Welsh online marketplace.

FansUnite is a global sports and entertainment company, focusing on technology related to regulated and lawful online gaming and other related products.

FansUnite Entertainment Inc. (FANS) is down 1.54 per cent, trading at $0.32 per share at 10:45 AM ET.

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