Category: News

23 Jul 2019

ICE Africa commands international appeal

Exhibitors from a total of 26 international gaming jurisdictions stretching from Armenia to Austria and the Seychelles to Slovenia are backing ICE Africa as the place to launch their latest product innovations and services.

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20 Jul 2019

Global Daily Fantasy Sports closes the second tranche of private placement

Global Daily Fantasy Sports announce the closure of the second tranche of private placement financing announced in the Company’s news release dated March 12, 2019.

In this second tranche 3,400,000 units were issued at a price of $0.10 per Unit for gross proceeds of approximately $340,000. Each Unit is composed of one common share of the Company and one non-transferable common share purchase warrant will entitle the holder thereof to purchase one additional common share of the Company at an exercise price of $0.20 until July 17, 2020. Notwithstanding the above, if over a period of 20 consecutive trading days commencing at any time after July 17, 2019 until the Expiry Date, the closing price of the common shares of the Company on the TSX Venture Exchange or such other stock exchange where the majority of the trading volume occurs, exceeds or is equal to $0.25 over those 20 consecutive trading days, the Company may, at its sole option, give written notice to the holders of the Warrants that the Warrants will expire at 4:30 pm on the earlier of the 30th day following the giving of the Exercise Notice; and the Expiry Date, unless exercised by the holders prior to such date.

The Company intends to use the net proceeds of the Private Placement for, sales and marketing activities in core and new markets and general working capital.

19 Jul 2019

Glms president addresses Us Sports Betting regulators at the 33rd Ncpg conference in Denver on modern tools to uphold sports integrity

Glms president, Ludovico Calvi, presented on July 18 at the Regulators roundtable as part of the 33rd Conference of the National Center of Problem Gambling (Ncpg).

The Roundtable brought together regulators and industry leaders to exchange perspectives on leading best practices to promote responsible gambling and sports integrity.

During his Roundtable session “Match Fixing & Integrity: What is the best role for gambling regulators?”, Ludovico set out the Glms vision and mission, and described the unique role of the Council of Europe Convention on the Manipulation of Sport Competitions – the most comprehensive and international legal tool to combat match-fixing. The Convention will come into effect on September 1st, and builds on the cornerstone of sports integrity — the cooperative sharing of intelligence among regulators, private and public stakeholders.

Glms serves as a catalyst for these efforts, and is in the process of establishing an Integrity Hub in North America, which will augment existing hubs in Denmark and Hong Kong.

Ludovico called on sports betting regulators and operators to adopt the Glms Code of Conduct which articulates a shared commitment to responsible and sustainable sports betting operations. Bringing that commitment to life means addressing critical topics such as: consumer protection, responsible advertising, protection of minors, conflict of interest provisions for operators and their employees, and report obligations for suspicious betting activities.

Ludovico also pointed out the critical role of education and prevention in building a culture of integrity, and noted Glms’s portfolio of supports and tools in this regard available to all member organizations.

Finally, Ludovico applauded regulators around the world who are starting to take concrete measures against illegal sports betting, contributing to sustainable, competitive and innovative sports betting that inspires public trust and meets customer demand.