Global Daily Fantasy Sports Gets Malta Gaming License

April 23, 2018
Global Daily Fantasy Sports Gets Malta Gaming License April 23, 2018 Fantasy Sport

Global Daily Fantasy SportsThe Malta Gaming Authority has just awarded a business-to-business controlled skill games supply license to Global Daily Fantasy Sports Incorporated. The Canadian-based daily fantasy sports software supplier is focused on delivering daily fantasy sports software to operators who are interested in breaking into the market and is hoping to move into international markets. This new license will help the company with their expansion attempts.

Global Daily Fantasy Sports Incorporated which is based in Vancouver, will be using this five-year license to sell its daily fantasy sports platform and products to jurisdictions where there is no need for authorizations from a specific regulator. The company also has a license from the United Kingdom's Gambling Commission.

In a statement, Darcy Krogh, Chief Executive Officer for Global Daily Fantasy Sports Incorporated, said

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 Daily Fantasy Sports Incorporated, enabling us to expand our presence into additional markets and launch our dot-com network. It also allows us to offer our product and platform to a wider group of operators

Global Daily Fantasy Sports

European DFS Operators Looking To Establish Themselves

Global Daily Fantasy Sports Incorporated has offices in Malta and Toronto to make it easier for those seeking daily fantasy sports solutions to find them. The daily fantasy sports market has grown tremendously in North America during the last five years and is dominated by two DFS operators called FanDuel and DraftKings. DFS has had a slot start in Europe but things are picking up and operators are looking to establish themselves and grab a piece of the market.

The global online gambling industry is set to bringing in around $54.4 billion in 2018 and over fifty percent of that revenue will come from sports betting. Daily fantasy sports is the new frontier when it comes to sports betting and the market is slowly but surely heating up in Europe. The European market is expected to generate $29.2 billion of online gambling revenue in 2018. With its new Malta license, Sports Incorporated is perfectly poised to help European operators to get enter is perfectly positioned to help European operators get a piece of that pie.

Global Daily Fantasy Sports Incorporated has experience in both fantasy sports and B2B, making integration and implementation easier. Operators will have full control of their database and wallet using the innovative DFS platform. The platform also gives operators the option of entering into a shared liquidity program.

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