Fansunite Entertainment Inc (OTCMKTS: FUNFF) thanks the Senate for its support following the Safe and Regulated Sports Betting Act. It was a decisive move considering that t5he bill was passed by both the Senate and the House of Commons.
New move to spark about a major transformation
The latest development impacts the betting segment, considering that it makes betting on individual sports lawful. The Canadian economy stands to gain a lot from the movie. For example, it is an opportunity to generate more employment opportunities. Canada will also enjoy more tax revenues and better and more regulated betting options.
The company believes that it has all that it takes to continue its international expansion moves and is ready and eager to start its journey towards success.
It thanks the Senate, terming its move a significant milestone in the global gambling industry. Canada walks into a new era with its move to legalize single-event sports betting. The legalization of the bill in question happens to be a great addition to the Canadian economy in several ways. For example, it is a good thing that bettors will feel safer betting in a well-regulated betting “climate.” The creation of more employment opportunities and the boosted revenues happen to be the other positive attributes, as mentioned before.
The company is pleased about the bill’s passage
It wasn’t easy passing Bill C-218, and FansUnite thanks all the parties that made the whole thing successful. The company believes that the Canadian Gaming Association and Paul Burns made significant contributions to the whole thing and appreciates their efforts.
The CEO of FansUnite, Scott Burton, opines, “As a multinational i-gaming company, we have successfully launched brands and licensed our B2B technology in several jurisdictions, including Latin American and Europe. This bill’s passing positions FansUnite to play a foundational role in the development of Canadian single sports betting and help shape the Canadian sports betting marketplace.”
 Hits A New Milestone After Senate Approves Bill CD-218){kind=link}