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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Global Daily Fantasy Sports Inc | TSXV:DFS | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.285 | 0.29 | 0.32 | 0 | 00:00:00 |
TORONTO, June 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 the Company has completed its integration and testing work with Microgame S.P.A. (Microgame) and that Microgame has received final certification from the Italian gaming authority, ("Agenzia delle Dogane e dei Monopoli" or "ADM") to launch onto the existing Italian network.
Established in 1999, Microgame is the leading Gaming Service Provider in Italy. The company holds concessions, licenses and authorizations to provide "turnkey" solutions for the Italian gaming market in compliance with Italian regulations. Microgame serves more than 30 ADM-licensed Operators with over 90 different brands and over 700,000 registered players, generating in aggregate Gross Gaming Turnover of over €2.5 billion euro. Microgame is the only Service Provider in Italy that provides complete turnkey gaming solutions including game account platforms and interconnection to the regulator's systems. In addition, Microgame has market-leading content in all game verticals that it offers to all its customers. A pioneer in multichannel service, Microgame is the "all Italian" B2B service provider with the highest presence on the National level. In fact, its capability to offer products tailored to the needs of the single Operator makes Microgame not just a service provider but also a true strategic partner.
Microgame's approval launches Global's two-year exclusive agreement, which was previously announced on February 5, 2018. Microgame is now in the position to deliver Global's Daily Fantasy Sports product to all their ADM-licensed Operators in Italy. Microgame joins Global's previously announced network partners in time for the 2018 FIFA World Cup in Russia as the Company steps up its European presence for the most widely viewed and followed sporting event in the world.
Darcy Krogh CEO of Global Daily Fantasy Sports Inc. comments, "Strategically this is an important relationship for us. Microgame is a top tier B2B provider in the Italian market and brings with it additional new partners to our Italian network. This will assist us greatly in growing the network. In addition the Microgame team has vast experience marketing in a networked environment which will benefit all our network partners."
Marco Castaldo, Microgame General Manager, states: "We are really excited to make DFS available to the operators in our network. With our market-leading liquidity, we intend to work with our customers and with our partners to deliver the tremendous potential of this game for Italian players."
About Global Daily Fantasy Sports Inc.
Global Daily Fantasy Sports Inc. (TSX-V: DFS), with its subsidiaries, 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.
Copyright 2018 Canada NewsWire
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