Global Daily Fantasy Sports Inc. acquires Mondogoal, a leader in daily fantasy sports, renews agreement with operators Lottomatica & Sisal

About this update from Playgon Games, Inc.

[{"type":"text","content":"\n\n\n\nGlobal Daily Fantasy Sports Inc. acquires Mondogoal, a leader in daily fantasy sports, renews agreement with operators Lottomatica & Sisal\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nGlobal Daily Fantasy Sports Inc. acquires Mondogoal, a leader in daily fantasy sports, renews agreement with operators Lottomatica & Sisal\nCanada NewsWire\nVANCOUVER, May 26, 2017\n\n\n\nGlobal Daily Fantasy Sports Inc. (TSX-V: DFS)\n\n\n\nVANCOUVER, May 26, 2017 /CNW/ - Global Daily Fantasy Sports Inc, (\"Global\" or the \"Company\") is pleased to announce that it has purchased Mondogoal Limited's (\"Mondogoal\") operating assets consisting of intellectual property, trademarks and client contracts (the 'Purchased Assets') for its Daily Fantasy Sports B2B operations in Italy. \n\n\n \n \n\n \nMondogoal is a leader in daily fantasy sports in Italy.1 Mondogoal's blue chip client base includes Lottomatica Scommesse S.r.l. (Lottomatica) and Sisal Entertainment S.p.a. (Sisal) two of the largest gaming brands in Italy. Global is also pleased to announce as part of the transaction it has secured new agreements with both Italian operators for an additional two-year term. These new agreements will strengthen Global's distribution network, as both Lottomatica and Sisal in 2016 represented 14%2 of the Italian online sports betting market. Lottomatica is the market leader in the Italian gaming industry with a network of about 100,000 points of sale, distributing games and services through one of the world's largest network of connections. Through its parent company, International Game Technology PLC (IGT), has a presence in more than 100 countries. IGT trades publicly on the New York Stock Exchange and is the world's largest end-to-end gaming company, with leading market positions in North America and Italy and the most extensive gaming content library in the world. 3 \n\nSisal has been in business more than 70 years and has more than 14 million customers in Italy. Sisal operates in the gaming and betting market with a full spectrum of products in retail and online channels. Si...

More updates from Playgon Games, Inc.