VANCOUVER, British Columbia, May 15, 2018 (GLOBE NEWSWIRE) -- via NetworkWire – FANDOM SPORTS Media Corp. (CSE:FDM) (OTC:FDMSF) (FRANKFURT:TQ42) (“FANDOM SPORTS” or the “Company”) wishes to applaud the U.S. Supreme Court for definitely getting one right, as they found the Professional and Amateur Sports Protection Act of 1992 unconstitutional. By setting an important precedent for states to now decide whether they want to regulate and legalize sports-related gambling, fans will now have a giant obstacle to their ultimate engagement removed.
With timing for lifting the ban on state-sanctioned sports betting aligning strongly with traction from the leagues for such a move, FANDOM SPORTS is well positioned to offer innovative, interactive sports entertainment solutions while helping safeguard the integrity of these sports during the early, fragile onset of the new legal environment. The offering of micro-betting transactions through the use of a self-contained ecosystem’s virtual currency (FANCOINS) allows for a natural progression into the transitioning of an emerging sports betting mobile atmosphere. Upon placing its FANCOIN app economy on a Blockchain secured platform, the Company intends to roll-out its sports micro-betting functionality (as per May 7, 2018 press release) which will elevate FanFights to the next level.
About FANDOM SPORTS:
“Pick A Fight. Talk Trash. Get Rewarded.”
FANDOM SPORTS Media is an entertainment company that aggregates, curates and produces unique fan-focused content.
The FANDOM SPORTS App is the Company’s core product, which is the ultimate destination for unfiltered raw sports talk. The app allows passionate sports fans to unleash their primal sports passions, pick fights and earn rewards.
Download the app and bring your crew. Talking trash is better with friends. The more you invite, the more in-app virtual currency FANCOINS you can earn.
For additional Information:
Investor Relations
Tel: (647) 241-8402
Or
Sales & Partnerships
Email: info@fandomsports.net
You may also visit the Company’s website: www.fandomsports.net
DISCLAIMER:
The CSE has not reviewed and does not accept responsibility for the adequacy and accuracy of this information. This news release may contain forward-looking statements. These forward-looking statements do not guarantee future events or performance and should not be relied upon. Actual outcomes may differ materially due to any number of factors and uncertainties, many of which are beyond the Company’s control. Some of these risks and uncertainties may be described in the Company’s corporate filings (posted at www.sedar.com).
The Company has no intention or obligation to update or revise any forward-looking statements due to new information or events. This press release contains forward-looking statements about FANDOM SPORTS. Forward-looking statements may be identified by the use of words like “believe,” “expect,” “anticipate,” “estimate,” “plan,” “consider,” “project,” and similar references to the future. Forward-looking statements reflect FANDOM SPORTS’ good-faith evaluation of information available at the time the forward-looking statements were made. These forward-looking statements are subject to a number of risks and uncertainties, and our actual results may differ materially from those projected. Please refer to FANDOM SPORTS’ annual and quarterly reports filed on SEDAR for a full discussion of those risks and uncertainties we view as most important. Forward-looking statements are not, and should not be relied upon as, a guarantee of future performance or results, nor will they necessarily prove to be accurate indications of the times at or by which any such performance or results will be achieved. As a result, actual outcomes and results may differ materially from those expressed in forward-looking statements. We undertake no obligation to update or revise forward-looking statements.
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