Global Daily Fantasy Sports Acquires Mondogoal
Headquartered in Vancouver, Canada, Global Daily Fantasy Sports Inc. is a multi-tenant gateway which supplies operators with world-class Daily Fantasy Sports (DFS) software solution.
As the DFS issue becomes a subject that is getting hotter every day in the gambling industry, Canadian powerhouse Global Daily Fantasy Sports as a company founded in 1985 has strengthened its position on the market by acquiring Mondogoal, a leader in daily fantasy sports in Italy.
Mondogoal’s client base includes Lottomatica Scommesse and Sisal Entertainment, which are two of the largest gaming brands in this European country. As part of the transaction, Global Daily Fantasy Sports has secured new agreement deals with both operators for an additional two-year period.
The new agreements will see Global Fantasy Sport gain its footing with a heavyweight which currently bears presence in more than 100 countries through its parent company IGT. Additionally, Lottomatica and Sisal represented 14% of the Italian online sports betting market in 2016.
“We are pleased to go on in our journey in the DFS segment together with Global. We believe in the growth of the DFS sector in Italy and Sisal has to be ready to reach this opportunity. With Lottomatica, we built the largest DFS network in Italy and our objective is to keep growing together”, says Ignazio di Lauro, Sisal Head of Sportsbook.
Strengthening European Footprint
Global Daily Fantasy Sports CEO Darcy Krogh claims that the acquisition of Mondogoal and subsequent deals with Lottomatica and Sisal will position the Vancouver-based company well to further grow their business in one of key European markets.
“”Italy is one of the largest online gaming markets in Europe and one of the first to establish itself in the daily fantasy space. This is a strategic investment for Global and we look forward to working with Lottomatica and Sisal to build out a strong network in Italy with our innovative platform.”, Krogh said.