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Global Daily Fantasy Sports receives B2B Skill Games License by the Malta Gaming Authority
Global Daily Fantasy Sports receives B2B Skill Games License by the Malta Gaming Authority...
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[{"type":"text","content":"\n\n\n\nGlobal Daily Fantasy Sports receives B2B Skill Games License by the Malta Gaming Authority\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.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, April 18, 2018\n\n\n\nVANCOUVER, 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.\n\n\n \n \n\n \nDarcy 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\". \n\nThe 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. \n\n\n\n\n*\n\n\niGaming Business April 2018\n\n\nAbout Global Daily Fantasy Sports Inc. \n\nGlobal Daily Fantasy Sports Inc....