VANCOUVER, Jan. 18, 2018 /CNW/ - Global Daily Fantasy
Sports Inc. ("Global" or the "Company") (TSX-V: DFS) is
pleased to announce the launch of its Italian facing DFS (Daily
Fantasy Sports) network with Lottomatica Scommesse S.r.l.
(Lottomatica). The provision of Global's DFS product to the DFS
Network with Lottomatica acting as the network head enables Italian
gaming operators to join the network and pool their user databases
together to create much larger prize pool offerings and increase
contest fill-rate. Lottomatica DFS network has access to a
registered user database that exceeds 30 million players.
In 2017, Lottomatica represented approximately 6% of the Italian
online sports betting market1. Lottomatica is the
Italian brand name of IGT (NYSE: IGT) the global leader in gaming.
IGT enables players to experience their favorite games across all
channels and regulated segments, from Gaming Machines and Lotteries
to Interactive and Social Gaming. Leveraging a wealth of premium
content, substantial investment in innovation, in-depth customer
intelligence, operational expertise and leading-edge technology,
IGT gaming solutions anticipate the demands of consumers wherever
they decide to play. IGT has a well-established local presence and
relationships with governments and regulators in more than 100
countries around the world, and creates value by adhering to the
highest standards of service, integrity and responsibility. IGT has
over 12,000 employees.
In 2016, Italy generated €1.3
billion euros in online gambling revenues, €350 million euros
was specific to online sports betting, which was a 31% increase
from 2015. This elevated Italy to
Europe's second largest online
gaming market ahead of both France
and Spain, and trailing closely
behind the UK, which is otherwise regarded as the global benchmark
for the online gaming industry. In 2017, it is estimated that
Italy have generated approximately
€1.4 billion euros in online gambling revenues with online sports
betting representing €500 million euros or 36% of the total revenue
and a further increase of 43% in online sports betting from
2016.
Darcy Krogh, CEO of Global Daily Fantasy Sports commented,
"We are very excited with the launch of our Italian facing DFS
network and look forward to working with our partners to innovate
and build daily fantasy sports in Italy, which is one of the largest gaming
markets in Europe and is growing
exponentially. 2018 will bring new opportunities with the 2018 FIFA
World Cup RussiaTM and the addition of new customers to
join our DFS network in Italy."
About Global Daily Fantasy Sports Inc.
Global Daily Fantasy Sports Inc. (TSX-V: DFS) is a multi-tenant
gateway that enables operators to offer their customers a world
class DFS software solution. The platform allows for seamless
integration at the operator level without having to share or
compromise any sensitive customer data. Joining the Company's
network allows operators to capitalize on a mature infrastructure,
with shared liquidity, that was built specifically for regulated
market environments. As a true B2B global network, the Company is a
SaaS product that offers a turn-key solution for sportsbook
operators, land-based operators, media groups, and big database
groups and other operators who wish to quickly and easily break
into the DFS industry with a customized software
solution.
Global Daily Fantasy Sports Inc.
Per: "Darcy Krogh"
Darcy Krogh, President and
CEO
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Global Daily Fantasy Sports Inc.
