Published
OnlineLotterySports BettingeSports

HeadsUp Entertainment partners with MetaVerse Vision Group

HeadsUp Entertainment has closed a major partnership with MetaVerse Vision Group FZE LLC, UAE, whereby a new subsidiary under the HeadsUp Entertainment public company has been created.

meta verse
Listen To Article

HeadsUp owns 49% of the shares of the new entity - named HeadsUp Ventures FZ UAE - which is positioned to “monetise numerous opportunities and contracts under the strategic alignment of industry leaders,” a statement from the company read.

HeadsUp Entertainment noted that Ola Lind, Metaverse Visions' main principal, has been a key member of the global lottery and gaming business, and has been a 15-year associate of HeadsUp's Chief Business Development Officer Mark Hutchinson. 

The management team now aims to “immediately monetise the new frontier of the emerging digital landscape in the region and beyond.”

HeadsUp Ventures has opened new offices in Abu Dhabi, with the management team now in place. The group has announced its participation in the release of the first product to the marketplace; an NFT drop with platform partner Tokonomika and its Beat My Team Euro NFTational Tournament, the first in a planned series of sports team based NFT launches.

Moreover, the HeadsUp Ventures’ management team has entered into an engagement agreement to launch and operate a major lottery operation in Africa.

The group noted: “The anticipated revenues from this and other operations under the HeadsUp Ventures business portfolio are substantial and look to be a major contributor to the top and bottom line financial results for the company.

“This global expansion positions HeadsUp to accelerate its plan to substantially increase shareholder value while targeting the newest opportunities unfolding in this digital sector.”

Premium+ Connections
Premium
 
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium Connections
Executive Profiles
Interblock
Caesars Entertainment
Pragmatic Play
Flutter Entertainment

Global Gaming Awards London: Who will win Executive of the year 2023?

Gambling Insider takes a look at the nominations list for 20...

CEO Special: Flutter International CEO Dan Taylor returning to roots

Flutter International CEO Dan Taylor meets Louis Thompsett t...

CEO Special: Light & Wonder Gaming CEO Siobhan Lane - optimising superpowers

Siobhan Lane, Light & Wonder Gaming CEO, speaks to Gambling...

CEO Special: Hoiana Resorts' Steve Wolstenholme – the travel man

Hoiana President & CEO Steve Wolstenholme talks to Gambling...

Read Magazine