FansUnite Announces Director and President Resignation

Vancouver, British Columbia–(Newsfile Corp. – December 5, 2022) – FansUnite Entertainment Inc. (TSX: FANS) (OTCQX: FUNFF) (“FansUnite” or the “Company”) announces that Darius Eghdami has notified the Company of his intention to resign as Director and President of the Company to attend to personal matters unrelated to his tenure at FansUnite. His resignation will come into effect on December 6, 2022.

Since founding FansUnite, Mr. Eghdami has played an instrumental role in laying the groundwork during the early stages of the Company as well as leading the Company to a successful public listing in 2020. During his tenure as President, the Company reached new milestones, including expanding FansUnite’s global operations as a leading B2B gaming supplier, B2C operator and affiliate platform to North America, South America and Europe.

“We would like to thank Mr. Eghdami for his contributions to FansUnite which has enabled us to reach new heights and solidify our footprint in the global gaming industry,” said Scott Burton, CEO of FansUnite. “We support his decision and are looking forward to continuing to work with him as an advisor to the Company.”

“While this was a difficult decision, I leave knowing FansUnite is in great hands,” said Darius Eghdami. “Our international stable of brands continues to grow and our management team has a clear vision for the future. This is an amazingly talented group of people, and I am confident in FansUnite’s continued success on an international scale.”

The Company thanks him for his service and wishes him all the best in his future endeavors.

About FansUnite Entertainment Inc.

FansUnite is a global sports and entertainment company, focusing on technology related to regulated and lawful online gaming. FansUnite’s one-of-a-kind iGaming platform Chameleon offers operators a full suite of gaming solutions with a sports and esports focus geared for the next generation of online bettors and casino players. Along with providing B2B technology solutions, FansUnite operates multiple B2C brands, such as Scottish sportsbook McBookie and Brazilian sportsbook VamosGG. FansUnite is the parent company of North American-focused AmAff, which operates leading affiliate brands such as Betting Hero, Props.com, and BetPrep.

For further information, please contact:

Prit Singh, Investor Relations at FansUnite
[email protected]
(905) 510-7636

Scott Burton, Chief Executive Officer of FansUnite
[email protected]

FORWARD-LOOKING INFORMATION: ‎

Certain information contained herein may constitute “forward-‎‎‎looking information” under Canadian securities legislation. Generally, forward-looking information can be ‎‎‎identified by the use of forward-looking terminology such as “believes,” “belief,” “expects,” “intends,” ‎‎‎‎”anticipates,” “potential,” “should,” “may,” “will,” “plans,” “continue” or similar expressions to be uncertain ‎‎‎and forward-looking. Forward-looking statements may include, without limitation, statements relating to: effective date of the resignation and future performance and outlook of the Company listing. Forward-looking statements ‎are based ‎on the Company’s ‎estimates and are subject to known and unknown risks, uncertainties and ‎other factors ‎that may cause the ‎actual results, level of activity, performance or achievements of ‎FansUnite to be ‎materially different from ‎those expressed or implied by such forward-looking statements or ‎forward-looking ‎information. Additional ‎information regarding the risks and uncertainties relating to the ‎Company’s business ‎are contained under ‎the heading “Risk Factors” in the Company’s Annual Information Form dated June 15, 2021filed on its ‎issuer profile on SEDAR at www.sedar.com and risks related ‎to global pandemics, ‎including the novel ‎coronavirus (COVID-19) global health pandemic, and the spread of ‎other viruses or ‎pathogens and influence ‎of macroeconomic developments. Accordingly, readers should not ‎place undue ‎reliance on forward-looking ‎statements and forward-looking information. The forward-looking ‎statements in ‎this news release are made ‎as of the date of this release. FansUnite disclaims and does not ‎undertake to ‎update or revise any forward-‎looking statements or forward-looking information, whether as a ‎result of new ‎information, future events or ‎otherwise, except as required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/146813

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