McBookie, a subsidiary of FansUnite, is currently expanding across both the US and internationally, having recorded a 136% increase in revenues in Q1 2021 compared to Q1 2020, and is currently in the process of applying for a UK gambling license rather than rely on its current White Label model.
What is it?
Darius Eghdami, President of FansUnite, spoke to Proactive about the operator’s successful start to 2021, as well as detailing the group’s progress with acquiring a UK licence, widely seen as the ‘gold standard’ with regards to betting regulatory requirements.
Who is it?
Host – Steve Darling, Proactive
Guest – Darius Eghdami, President of FansUnite
What is being said?
“So the UK is obviously one of the gold standards in terms of licencing,” Eghdami began, discussing FansUnite’s application to get its McBookie brand licensed for the UK market.
“We’ve put forward a very strong application, and it’s been received, it’s in the regulator’s hands now. We’re hoping to meet the timeline they’ve given us, so by end of May or at some point in Q2 we should hopefully receive our UK licence both from a B2C perspective as well from a B2B perspective.”
Moving on to FansUnite’s US operations, he added: “We have plans of expansion there. First off is the Colorado eSports sportsbook with the Sky Casino, we’ve done our part, built in, it’s ready to go, we’re just waiting on final approval from the regulators on that.
“In terms of licencing we’re putting together our New Jersey application, right now there’s a lot of work to get that done, and then we’ll look at other states after that, based on conversations we’re having with various casinos.”
Why should I watch it?
To hear about the market expansion of a listed Canadian-based sports betting operator as it looks to strengthen its position in both its home country and abroad.
Where can I see more?
Source – Proactive YouTube Channel