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Global Daily Fantasy Sports Signs Three Year Deal with Global Gaming Platform Omega Systems

George Miller

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Global Daily Fantasy Sports Signs Three Year Deal with Global Gaming Platform Omega Systems
Photo Source: bizjournals.com
Reading Time: 2 minutes

 

Global Daily Fantasy Sports Inc., a B2B Daily Fantasy Sports software provider, has signed a three-year agreement with Malta-based OMEGA Systems (“OMEGA”) to be a provider of the company’s Daily Fantasy Sports product to Licensees of OMEGA’s Platform, OMEGA CORE.

Software provider OMEGA provides clients with their own gaming and e-commerce platform, allowing total control of their data, operations, and player management utilizing any combination of over 140 integrated third-party gaming providers.

This agreement will further enrich the extensive range of premium offerings available to licensees of the OMEGA Platform software. OMEGA, in cooperation with Global, will now be able to offer a daily fantasy sport product to their list of operators seeking to acquire and engage customers who want to compete with others by building fantasy dream teams of professional athletes, and earn points based on the actual statistical performance of those athletes in real world competitions.

Jim Godsell, CEO of OMEGA, comments: “We always look forward to bringing innovations that will generate added value for our clients and enrich the product portfolio integrated with OMEGA CORE.  This product is all about that, a game where skill meets social – designed for the rising demand of iGaming products. Integrating the Global Daily Fantasy Sports solution is very important for us from a strategic point of view and will definitely help our clients have access to something new and innovative in the sports vertical.”

Global Daily Fantasy Sports CEO Darcy Krogh said: “We are delighted to partner with OMEGA which enables our product and network to extend to Licensees of OMEGA’s software. We anticipate adding a number of their customers into our dotcom network in key markets who have shown an interest in daily fantasy sports. We are excited to work with OMEGA and their clients to introduce them to the world of daily fantasy sports.”

 

About Global Daily Fantasy Sports Inc.

Global Daily Fantasy Sports Inc. (TSX-V: DFS) is providing a multi-tenant gateway that allows operators to offer their customers a world class Daily Fantasy Sports software solution. The platform allows for seamless integration at the operator level without having to share or compromise any sensitive customer data. Joining the Company’s network allows operators to capitalize on a mature infrastructure, with shared liquidity that was built specifically for regulated market environments.

As a true B2B global network, the Company offers a SaaS product that is an ideal turn-key solution for sportsbook operators, land-based operators, media groups, and big database companies to participate in the daily fantasy sports industry.

 

About OMEGA

OMEGA Systems is an Enterprise Systems Software and Consulting company providing an independent management and e-commerce platform for Online and Land-based Operators, Aggregators, Agency and Shop solutions. OMEGA provides custom Platform Development services for clients worldwide. Integrated with over 140 third-party systems, OMEGA CORE provides clients control of their own platform, data and player management.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Source: Global Daily Fantasy Sports Inc.

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Australia

Vereeni Investments adds Moneyball stake to fast-growing portfolio

George Miller

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Vereeni Investments adds Moneyball stake to fast-growing portfolio
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Venture capital fund Vereeni Investments had made its latest move with a significant investment into Australia’s leading daily fantasy sports operator Moneyball.

The agreement will see Vereeni acquire a majority stake in Moneyball in return for a seven-figure investment.

Launching in 2015, Moneyball was the first Australia-facing daily and weekly fantasy sports operator and is powered by an innovative proprietary platform.

It holds licences applicable to all Australian states and offers a range of contests across multiple sports, including NRL, AFL, EPL, NFL, NBA, PGA, MLB, horse racing, and cricket.

The operator is also expanding internationally with a growing presence in India since 2016, and expects to be live in the US soon with other markets set to follow.

Timothy John Heath, founder and CEO of Vereeni Investments, said: “Acquiring a stake in Moneyball adds another important and complementary asset to the Vereeni ecosystem.

“Moneyball is already established as Australia’s number one daily fantasy sports platform, and we see huge potential for further growth, both in Australia and internationally.

“As an operator that has innovated from the outset, Moneyball is a perfect fit with Vereeni and we are excited to see what the future holds.”

James Fitzgerald, co-founder and co-CEO of Moneyball, said: “We are absolutely thrilled to have Vereeni Investments onboard.

“Becoming a part of the Vereeni family positions us strongly for further growth, giving us access to unparalleled global reach and expertise within the gaming sector.

“Daily fantasy sports is still a massively underserviced sector with potential to grow much faster than the broader market. We have spent the last three years searching for a partner to help us deliver on this potential, and in Vereeni we have finally found one.”

Moneyball joins Vereeni’s €100million ‘Level Up’ tech fund alongside a range of other promising early-stage ventures across the fintech, online gaming, business intelligence, insuretech and blockchain verticals, including Global Gaming, OneTouch and Singular.

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Daily Fantasy Sports

FastPick comes home to Resorts for jackpot sports payouts

George Miller

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FastPick comes home to Resorts for jackpot sports payouts
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FastPick, the number-one game for head-to-head and over/under fantasy match-ups between the world’s biggest sports stars, is coming home to ResortsCasino.com, the first casino in Atlantic City.

Just click the FastPick tab on the ResortsCasino.com site to get some skin in the game, as your fortunes rise and fall alongside the performance of your favorite players.

Ever wanted to ride LeBron James’ hot hand? Feeling Aaron Rodgers will rack up more passing yards than Tom Brady any given Sunday? Or think Mike Trout will outhit Bryce Harper?

With FastPick, you can now select your preferred head-to-head match-ups and player over/unders on some of the most high-profile games. It’s straightforward fantasy against the house, as FastPick takes the payout pools and DFS sharks out of the equation, allowing players to define their own payouts.

Simply combine 3-10 player picks in parlay-style entries – and if all your chosen players earn more Fantasy Points than their respective rivals, you’ll scoop jaw-dropping payouts of between x5 and x500 your original stake. It’s that easy – no sharks, no rosters, no complex scoring systems.

It’s just the latest development from the ResortsCasino.com lobby, which now houses a leading sportsbook, alongside over 500 online casino games, including slots, table games and Live Dealer tables.

With ResortsCasino.com, you get rewarded for your play with cashback promos, deposit matches, and the best loyalty program around – all backed by nine different deposit and withdrawal methods. Sign up now and get a 100% bonus up to $1,000 on your first deposit, plus your first sports bet matched, up to $250.

Commented Ed Andrewes, Owner of EAGC, lead consultant to Resort Digital Gaming: We originally designed FastPick to accommodate every sports fan who wanted to get a slice of the action but didn’t have the time to compete effectively against those predatory DFS sharks.

“Now, in an evolving sports betting landscape, this fast-growing, easy-access take on head-to-head betting fuses the best of sportsbook props and DFS with some towering jackpots. Our players just love taking on the house in a series of one-on-one performance markets, featuring the superstars of US sports. We’re thrilled to be bringing the next generation of fantasy sports betting home to Resorts.”

For more information, please visit ResortsCasino.com.

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Asia

Indian gaming company Delta acquires stakes in HalaPlay

Niji Narayan

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Indian gaming company Delta acquires stakes in HalaPlay
Photo Source: bostonherald.com
Reading Time: 1 minute

 

Delta Corporation, one of the largest gaming and hospitality companies in India, has acquired stakes in the Indian fantasy sports developer HalaPlay. The company has revealed this in a filing with the National Stock Exchange of India.

As per the communication, the company has bought 31,994 equity shares or a 15.52 per cent stake in HalaPlay Technologies Pvt Ltd.

Delta will pay Rs. 15.50 crores in cash for its interest in the fantasy sports operator in two tranches. The hotel and casino company also pointed out that it intends to finalise the transaction before 1 May 2019, subject to conditions precedent by HalaPlay.

Delta is India’s only listed casino and hospitality company. It operates casinos in three Indian provinces where gambling is legal: the states of Goa and Sikkim and the district of Daman. The company operates the Adda52 online gaming operation which features online poker and online games of rummy.

Under the terms of its deal to acquire a minority stake in HalaPlay, Delta said that its wholly owned subsidiary Gaussian Networks Private Limited has entered into an agreement to transfer its fantasy sports business as a going concern to HalaPlay. Gaussian will be allotted 10,320 shares in HalaPlay as a result from the transfer. It will thus acquire a 4.03 per cent stake in the fantasy sports operator.

Delta expects to complete all related transactions by 1 May 2019.

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