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NEWS 22 November 2017

Global Daily Fantasy Sports nets UK remote licence

By Robert Simmons
Online fantasy sports operator Global Daily Fantasy Sports Inc has announced that its Malta-based subsidiary has been awarded a combined remote operating licence by the UK Gambling Commission.

The licence entitles the company to supply, install, manufacture and adapt gambling software for websites or electronic devices in a global setting. A key element of this licence also allows these activities to be conducted by remote or online means.

Global Daily Fantasy Sports have confirmed that they plan to licence business-to-business daily fantasy sports content and technology in the UK following the licence award.

In a statement, Global Daily Fantasy Sports CEO Darcy Krogh said: "I am delighted to announce that we have been granted a remote gambling licence in the UK. This will be a key target market for our business moving forward.

“Currently our focus is on going live with our Italian clients, and with the launch of our .com network shortly thereafter, we plan on signing a number of key strategic partners in the UK."

RELATED TAGS: Online | Industry | Sports Betting | Legal & Regulatory
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