HeadsUp Entertainment International Inc. has entered into the final stage of negotiations to acquire a licensed online sportsbook and online casino platform.

HeadsUp revealed that is in the final stages of a deal to acquire between 50% and 100% of shares of the company, which has processed over $110m in wagers and reported over $5.2m in revenue in the past four years.

An LOI is expected to be completed in the next 2 weeks. A second acquisition, also in the Gaming sector has been targeted by management as well as plans to enter into a Licensing Agreement with a global media partner.

The Company reports that its total issued and outstanding shares remain unchanged over the past 4 years at 204,207,657 shares with total non-restricted shares also unchanged at 70,091,138. New members of the management team will be announced soon along with the upcoming expansion of global gaming operations in this quickly expanding sector.

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Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.


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