Global daily fantasy sports platform receives gli certification and makes key management appointment

Global Daily Fantasy Sports Inc. is pleased to announce that it has received Gaming Laboratories International (‘GLI’) certification for its Daily Fantasy Sports platform for Italy and the United Kingdom. The GLI certification covers both our sports offerings of European Football, EuropeanGolf and PGA Golf.

GLI have 25+ years experience in land-based, lottery and iGaming testing, and their work is trusted by regulators in more than 475 jurisdictions worldwide. “This is a key milestone in our Company’s journey as we transition from pure development stage to operations. The team is excited to get started with the new football season and the GLI platform certification provides us the necessary accreditation to launch our first network in Italy with two great partners in Lottomatica and Sisal”. – Darcy Krogh, President & CEO of the Company. The Company is also pleased to announce a key addition to the Executive Team to further augment the organization and to support the expected growth. Mr. Slava Azienshtat joins the Company as its Chief Technology Officer (‘CTO’). Mr. Azienshtat brings 20+ years of experience in the iGaming industry and has a record of successful delivery of complex iGaming solutions, including casino, poker, bingo, and RGS systems, as well as multiple integrations of 3rd party platforms. Mr. Aizenshtat most recently held the position of CTO with NYX Gaming Group (NYX, TSX Venture). Prior to that he served as Vice-President of Development of Amaya Gaming Group and director of development of Cryptologic Limited. “I am very excited to join Global and the fast paced dynamic industry of the daily fantasy sports. I’m confident my experience in software development of iGaming solutions for regulated markets will help the Company become a leading B2B daily fantasy sports provider in markets we pursue”. – Slava Azienshtat, CTO of the Company “I have known and worked with Slava for several years and I am delighted he has agreed to join the Global team. He has a wealth of technical knowledge and skills relating to platform and scalable real time transactional systems. I consider him an industry veteran in the iGaming space and look forward to working together and building a strong technical team under his direction”. – Darcy Krogh, President & CEO of the Company. In addition, the Company announces the granting of stock options to directors, officers, employees, consultants and advisors of the Company for the purchase of up to 3,100,000 common shares, at a price of $0.48 per share, for a period of 3 years. The stock options will be subject to vesting provisions and will vest over three years.