{"id":272938,"date":"2020-09-03T14:25:50","date_gmt":"2020-09-03T18:25:50","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=272938"},"modified":"2021-09-14T10:32:54","modified_gmt":"2021-09-14T14:32:54","slug":"headsup-makes-big-investment-into-blockchain-based-gaming","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/headsup-makes-big-investment-into-blockchain-based-gaming","title":{"rendered":"HeadsUp Makes Big Investment Into Blockchain-Based Gaming"},"content":{"rendered":"<p>HeadsUp Entertainment, a self-described &#8220;global gaming operator and media company focusing on online gaming, online poker, eSports, sports betting, online lottery, mobile 50\/50, charity fundraising platforms and blockchain based payment solutions,&#8221; has acquired 50% of the VIP Entertainment Group NV shares, <a href=\"https:\/\/www.prnewswire.com\/news-releases\/headsup-announces-loi-to-acquire-global-gaming-assets-301123725.html\">according to a press release<\/a>.<\/p>\n<p>VIP is large in the online casino gaming space, and HeadsUp wants to be involved in that space even more.<\/p>\n<p>This acquisition is thanks to an LOI, which reveals a 3-step due diligence process that must occur before this goes through. It should be finished within 45 days maximum, which would ensure this closed agreement in October. &#8220;This acquisition positions HeadsUp to grow its revenue base in licensed jurisdictions and is the first of several industry related growth strategies with 3 other acquisitions currently in negotiation,&#8221; the release continues.<\/p>\n<p>On top of this, HeadsUp will be bringing in a new management team as well as a Board of Directors that will ensure it can &#8220;become a leader in gaming, lottery, 50\/50 digital, bingo and eSports sectors,&#8221; the release concludes.<\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">HeadsUp Entertainment, a self-described &#8220;global gaming operator and media company focusing on online gaming, online poker, eSports, sports betting, online lottery, mobile 50\/50, charity fundraising <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/headsup-makes-big-investment-into-blockchain-based-gaming\" title=\"HeadsUp Makes Big Investment Into Blockchain-Based Gaming\">[&#8230;]<\/a><\/div>","protected":false},"author":1722,"featured_media":32526,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7596],"tags":[5357,11357],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.0 (Yoast SEO v22.0) - 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