VICTORY SQUARE TECHN. WKN: A2DS94 ISIN: CA92650P1045 Kürzel: VST Forum: Aktien Thema: Hauptdiskussion

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k:FUNFF) (“FansUnite” or the “Company”), a technology company providing leading online gaming solutions, is pleased to announce that their acquisition of McBookie Ltd (“McBookie”) has emerged from the Coronavirus Pandemic with a strong set of results. The Scottish-based sportsbook operator was purchased by FansUnite in March, 2020, and has delivered a Year over Year (“YOY”) increase in Gross Gaming Revenue over the Q2 period of 131%. The majority of that has been delivered by the casino where YOY turnover in Q2 was up 59% from $2.4M CAD to $3.9M CAD, resulting in a gross margin increase of 191%. “Since acquiring McBookie we have been consistently impressed with their ability to navigate uncertain environments and the global pandemic this past few months has been no exception,” said Darius Eghdami, Chairman and CEO of FansUnite Entertainment. “During Q2, the team showed an impressive 59% increase in casino betting. Further, the launch of a virtual sports offering in March was timely, delivering turnover in excess of $500,000 CAD and, together with the strong performance of the casino, has compensated for the lack of betting opportunities for customers in traditional sports.” With the return of some sports such as the English Premier League, McBookie also grew sportsbook turnover in June by 45% YOY. Eghdami added, “Perhaps the most pleasing aspect of the figures was the way the sportsbook bounced back in June. McBookie is now in a very good position to deliver strong growth once the full complement of sports return in the fall.” McBookie founder and Director Paul Petrie stated, “We have used the period of the pandemic to work closely with the FansUnite team to improve our operational and marketing techniques and are now in a really good place to drive the business forward when the Scottish football season is set to return on August 1st.”

Was ist hier nach der Fusion zu erwarten? Bei mir hatte sich zuletzt schon recht viel Pessimismus breit gemacht

https://betakit.com/victory-square-health-acquires-covid-19-antibody-test-from-brazilian-company/

Victory Square Technologies Reports Record Net Income in First Quarter 2020 Net income increased to $3,291,567 and Earnings per share increased to $0.05 VANCOUVER, British Columbia, June 3, 2020 – Victory Square Technologies Inc. (“Victory Square” or the “Company”) (CSE:VST) (OTC:VSQTF) (FWB:6F6) a company that builds and invests in cutting-edge technology that is shaping the 4th Industrial Revolution, announces it has filed its condensed interim consolidated financial statements and Interim Management Discussion and Analysis (MD&A) for the three months ended March 31, 2020. “I am proud of our first quarter performance, as each portfolio company delivered strong results despite rapidly changing market conditions associated with the COVID-19 pandemic,” said Shafin Diamond Tejani, Chief Executive Officer. “I want to thank our team for their dedication to safety, operational excellence and serving our customers through this uncertain and challenging environment.” First Quarter 2020 Financial and Business Highlights: Net income increased to $3,291,567 from $(1,632,050) during the same period last year; Earnings per share increased to $0.05 from $(0.02) during the same period last year. Revenues increased by 46% while expenses decreased by 30% compared to the same period last year; Portfolio company, FansUnite Entertainment Inc., closed a Private Placement of $3,131,918 and Listed on the Canadian Securities Exchange (“CSE”) Access to $10,000,000 convertible note provides the company access to operational and growth capital. The Company’s condensed interim consolidated financial statements and Interim MD&A for the three months ended March 31, 2020 are available under the Company’s profile on SEDAR (www.sedar.com).

https://www.globenewswire.com/news-release/2020/06/03/2042683/0/en/Victory-Square-Technologies-Reports-Record-Net-Income-in-First-Quarter-2020.html

https://www.bloomberg.com/press-releases/2020-05-05/victory-square-portfolio-company-fansunite-entertainment-inc-closes-private-placement-of-3-131-918-cad-and-lists-on-canadian

During the past 36 months, FansUnite has achieved significant milestones in terms of growth, product development and customer acquisition. And, our team will continue to work closely to help them successfully build, develop and grow with the objective of creating long-term value for Victory Square shareholders.” Tejani’s Victory Square builds, acquires and invests in promising startups, then provides the senior leadership and resources needed to fast-track growth.

The online sports betting startup completed a $3 million non-brokered private placement, acquired U.K. betting service McBookie, and listed on the CSE under trading symbol FANS. Under the terms of the financing, FansUnite issued almost 9 million common shares at $0.35 cents. FansUnite paid $2.2 million for McBookie, a leading provider of betting services in the U.K. for over 10 years. With a focus on B2C offerings in the Scottish market, McBookie’s lineup includes football, horse racing, casino and virtual sports games. “This is a great milestone for our FansUnite Team,” said Darius Eghdami, Chief Executive Officer of FansUnite. “We’ve assembled a strong team with decades of experience in the gaming industry and are excited to build on our momentum.” In addition to operating the FansUnite B2C Sportsbook and newly acquired McBookie site, FansUnite also provides technology solutions to the global gaming industries. With the new financing complete, FansUnite looks to acquire assets in sports, gaming and entertainment industries with high-growth potential in new or developing markets. “The successful private placement, acquisition of McBookie, and public listing is great news for FansUnite, and Victory Square shareholders,” said Shafin Diamond Tejani, CEO of Victory Square.

Hoffentlich 🙏

Gibt es hier wieder leben 🤔

Gab wohl Zahlen...https://www.google.com/amp/s/www.wallstreet-online.de/_amp/nachricht/11981210-victory-square-reports-87-9-increase-revenue-q3-2019