Global Daily Fantasy Sports secures UK licence

Global Daily Fantasy Sports has obtained a combined remote operating licence in the UK.

The company secured the licence from the UK Gambling Commission through its GDFSI Malta subsidiary.

The new licence will enable the firm to manufacture, supply, install and adapt gambling software for electronic devices or websites in a network setting and by remote means.

Global now plans to licence its B2B daily fantasy sports content and technology within the UK.

Darcy Krogh, chief executive of Global, 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 article: Global Daily Fantasy Sports names Dever as CFO