Sports entertainment company FansUnite has completed the acquisition of Vancouver-based iGaming software development firm Askott Entertainment.
The two entities will merge to create a leading online gaming company focused on sports betting and esports wagering. Per the deal, FansUnite will absorb all outstanding securities of Askott Entertainment by way of a three-cornered amalgamation pursuant.
The acquisition of Askott Entertainment will drive FansUnite’s vision of becoming “a leading technology platform” built to serve the ever-growing online gaming market. Askott’s operating history dates back to 2013, creating both B2B and B2C betting products including its esports-focused platform, Chameleon Gaming Platform.