The DFS industry was created to provide instant gratification to a small group of fantasy sports enthusiasts. The industry has since transitioned from an idea into mainstream culture, and a billion dollar business with millions of active participants. To date this explosion in growth has occurred through consumer facing platforms.
While DFS has existed in Europe with legal clarity since the middle of 2014 it has followed the same consumer facing model as North America. DraftKings, Oulala, MondoGoal, Fanteam, Fanaments and PlayOn currently all have a presence in Europe and are jockeying for position to achieve a level of player liquidity that supports the market.
Global Daily Fantasy Sports Inc. hopes to disrupt the competitive landscape by being the first true fantasy platform that was built for both regulated markets and exclusively as a B2B network. The Company will offer flexible avenues for gaming operators to enter the DFS space by allowing them to both protect and expand their audience with a simple integration of both player database and existing online wallets.
Vancouver, B.C. – Sept 6, 2016 – Global Daily Fantasy Sports Inc. (TSXV: DFS) (“Global”) is pleased to formally announce the appointment of Justin Shulman as Chief Operating Officer. Justin’s responsibilities will encompass the worldwide operations across the gaming network, execution of the corporate development strategy, leading the product lifecycle, and building out the team and corporate culture.
CLOSING OF $6 MILLION PRIVATE PLACEMENT
Vancouver, B.C. – August 30, 2016 – Global Daily Fantasy Sports Inc. (TSXV: DFS) (“Global”) is pleased to announce that further to Global’s news release of July 26,2016, Global has completed its non-brokered private placement financing by issuing 15,000,000 units (the “Units”) at a price of $ 0.40 per Unit, for gross proceeds of $6,000,000.
PRESS RELEASE: Global Daily Fantasy Sports completes change of business
Vancouver, B.C. – August 18, 2016 – Global Daily Fantasy Sports Inc. (TSXV: DFS) (“Global”) is pleased to announce that it has completed its previously announced change of business (the “COB”) to enter the daily fantasy sports industry as a Technology Issuer on Tier 2 of the TSX Venture Exchange (the “TSXV”), as described in Global’s press releases dated March 16, 2016, May 18, 2016 and July 25, 2016.
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