Wagerer, a micro-wagering venture established by Joey Levy and Jake Paul, just made a strategic maneuver in the sports wagering arena. They’ve procured the Chameleon framework from FansUnite Entertainment for a hefty $7 million (picture the festivities at their headquarters!). This agreement grants Wagerer access to Chameleon’s robust technological suite, encompassing player profile administration, a sports wagering engine, and a casino administration system.
This acquisition follows closely on the heels of Wagerer’s growth earlier this year, perfectly timed for the fervor of March Madness. They’re evidently not letting a minor regulatory snag in Australia hinder their progress (recall the incident when they were penalized for violating advertising regulations before the Melbourne Cup?).
Joey Levy, Wagerer’s chief executive, is understandably enthusiastic about this development. He perceives it as a transformative move that grants them complete autonomy over their trajectory and enhances their profitability. It appears Wagerer is playing for high stakes in the realm of online gaming!
The head of FansUnite, Scott Burton, expressed enthusiasm for the agreement, underscoring their dedication to guiding FansUnite to financial success. He stressed their belief in Betr’s possibilities, observing that FansUnite will maintain advantages from it through their held ownership in the business.
