New B2B Entrant To Reach Regulated Markets Soon
By Q4 this year, it is expected that Global Daily Fantasy Sports (GDFS) will be making its entry into the DFS market. GDFS is a publicly traded company in Canada. The announcement was made by COO Justin Shulman.
The platform however, will not be available as a consumer facing product. The service will be targeted at businesses and will aim to get into the European markets that are heavily regulated. GDFS will have an edge over existing competition through a deal that it has signed with NYX Digital Gaming. The deal involves exclusive distribution in the markets that it is present in.
It works out well for those who are part of the NYX network as it opens up a new revenue stream for them- casinos and gaming operators from across the world. It will be made possible through Global’s sales and marketing wings. Businesses that are already using the NYX powered OG Systems will have a seamless transition to the GDFS DFS product line. They will then have a product that can be introduced into their markets, customer facing ones with a bit of technical modifications in the process.
There has also been a new appointment in GDFS just for this transition. The COO Shulman, an experienced member and long standing industry veteran was appointed recently to manage the DFS operations. Justin Shulman was a co-founder of one of the most famous DFS outlets called Fantasy Feud. The President and CEO spoke on the occasion saying that Shulman is the right man for the job as he holds a wealth of experience. He has been involved in the DFS scene since 2011.
The first step that the Global DFS will take is to include the five major European football leagues and two Golf tournaments to begin playing immediately.
