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HeadsUp Entertainment International Inc. (HDUP) announced a significant acquisition in the gaming software sector, aiming to boost company value and generate new revenue streams. The acquisition is set to close in January 2022 and is part of a broader growth strategy, including a planned merger for uplisting on a higher exchange. Upcoming initiatives include launching a digital lottery platform, partnerships in global markets, and a joint venture with MH Universe for NFT technology. The company projects these efforts will enhance its position in the digital gaming landscape in 2022.
HeadsUp Entertainment International Inc. has entered into a partnership with TOKONOMICA, a leader in NFT technologies, to enhance its business model through NFT opportunities. This agreement grants HeadsUp an exclusive role as a business development partner in North, Central, and South America. The partnership aims to leverage TOKONOMICA's proprietary STEM technology, which simplifies NFT creation and value enhancement. The NFT market is nascent yet has shown significant potential, with notable sales exceeding $1 million. Both companies anticipate this collaboration will unlock substantial asset value and revenue streams.
HeadsUp Entertainment International Inc. (OTC: HDUP) is set to acquire a major European Gaming Software Development Company. The transaction includes all assets, licenses, and contracts, with an estimated value of over USD $180 million. HeadsUp has already forwarded approximately USD $1 million toward the deal, which secures critical technology for online gaming and sports betting. The Definitive Agreement and Closing are expected within 60 days, potentially enabling the company to move to a higher-tier exchange. This acquisition supports the company's strategy to become an industry leader.
HeadsUp Entertainment International Inc. (Pinksheets: HDUP.PK) announced significant corporate updates on September 23, 2021, as it expands its business model in gaming, lottery, media, and sports betting. Key highlights include the formation of HeadsUp Acquisitions Inc., engagement of Shields Law Group for mergers and acquisitions, and recruitment of experts to enhance operations. The company also launched online charity gaming platforms and established a partnership with Mortimer Harvey Universe, aiming for revenue share agreements. Detailed announcements will follow regarding these operational benchmarks.
HeadsUp Entertainment International Inc. has appointed John Tipton to its Strategic Advisory Board and as lead gaming counsel for the U.S. market. Tipton, recognized for his expertise in gambling regulation, will guide the company in negotiations on three major contracts. His extensive background includes creating the Colorado Division of Gaming and overseeing the state's transition to legalized sports betting. CEO Doug Wilson expressed optimism about future opportunities in the Colorado market, indicating a promising trajectory for HeadsUp in the gaming sector.
HeadsUp Entertainment International Inc. (HDUP) has signed a Letter of Intent (LOI) to acquire 50% of VIP Entertainment Group NV, a global gaming operator in online casino and sports betting. VIP, licensed in Curacao, has processed over $112 million in wagers, generating a profit of over $5.4 million in the last four years. The acquisition is expected to enhance HeadsUp's revenue base in licensed jurisdictions, with a definitive agreement anticipated to close by October 2020. This move aims to position the company for growth in the gaming sector.
HeadsUp Entertainment International Inc. (HDUP) announced significant progress on multiple fronts as of August 25, 2020. The company’s OTC Markets account has been approved for reactivation, allowing for the upload of required materials for fully reporting status. An Engagement Letter has been executed with auditors to prepare financial statements for compliance with Alberta's CTO removal. Furthermore, HeadsUp is finalizing a media partnership, closing a UK Gaming license agreement, and developing two new online gaming platforms. An LOI for acquiring a licensed gaming operator is expected to be announced by September 4.