VANCOUVER, April 18, 2018 /CNW/ - Global Daily Fantasy
Sports Inc. ("Global or the "Company") (TSX-V: DFS) a B2B
Daily Fantasy Sports software provider is pleased to announce that
it has cleared all compliance requirements by the Malta Gaming
Authority (MGA) and has been awarded a "B2B Controlled Skill Games
Supply License" by the MGA. This license, which is valid for five
years, will be used by Global to supply its Daily Fantasy Sports
(DFS) product and platform to licensed operators in all other
markets that don't require a specific license.
Darcy Krogh, Global's CEO
comments, "The MGA always showed a belief in the potential
expansion of DFS in Europe. The
granting of the license confirms that the Company made the right
choice when choosing Malta as its
European base for its client facing and licensing operations. This
license is pivotal for Global, enabling us to expand our
presence into additional markets and launch our dotcom network. It
also allows us to offer our product and platform to a wider group
of operators".
The worldwide online gross gaming revenue is projected to reach
44.1B euro in 2018 and sports betting
represents approximately 50% of that revenue. In addition,
Europe as a jurisdiction represent
approximately 53% of this business.* The addition of our
Malta license to our already
obtained UKGC licence positions Global well to licence our product
and platform in this key online gaming region.
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*
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iGaming Business
April 2018
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About Global Daily Fantasy Sports Inc.
Global Daily Fantasy Sports Inc. (TSX-V: DFS) is a licensed and
regulated provider of fantasy sports software with offices in
Malta, Toronto and Vancouver. Its platform is a
multi-tenant gateway that allows operators to offer their customers
a world class Daily Fantasy Sports 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 companies to participate in the daily fantasy sports
industry.
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.
