Global Daily Fantasy Sports Inc (CVE:DFS) CEO on European Market Play
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Global Daily Fantasy Sports Inc (CVE:DFS) (FRA:7CR) CEO Darcy Krogh outlines the company’s novel introduction of fantasy sports gaming to the European audience. Based on the North American model established by industry leaders like Draft Kings and FanDuel, Global Daily Fantasy Sports is launching a similar model but involving the five major European professional soccer leagues. Global Daily Fantasy Sports is a B2B model that utilizes existing booking sites. The company’s revenue model includes set up fee and license fees. Digital sports betting is an approximately $20 billion industry globally and Krogh anticipates Global Daily Fantasy Sports will be profitable by the end of the year.
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