Stockholm-listed B2B fantasy sports provider Scout Gaming Group will launch a new daily fantasy sports (DFS) platform for GML Interactive, operator of the Stoiximan and Betano brands.

Expected to be rolled out ahead of next month’s FIFA World Cup in Russia, Scout will provide its DFS platform to GML’s two online betting brands.

Stoiximan is a leading operator in Cyprus and Greece, where it sponsors Olympiacos and PAOK, while Romania-facing Betano sponsors the country’s first division (Liga Betano) and is also expected to launch in Germany later this month.

“The fact that GML Interactive, owner of a dedicated sports brand and one of the largest private actors in Greece, chooses to do this with Scout Gaming clearly shows that the DFS vertical continues its establishment in Europe and that we have the leading B2B product," said Andreas Ternström, chief executive of Scout Gaming.

GML’s DFS offering will join Scout's global liquidity network, which includes operators such as Nordic Leisure, ComeOn, Starpick and Gofantasy, with Betsson, Bethard and 1XBet also set to join the network.

"We work actively with our sports offer and want to ensure that we can always offer our customers the best product,” said George Kourakos, head of product, design and innovation at GML Interactive. “We employ an active sporting engagement and are involved in a number of sponsorships, which is why this area is particularly important to us.

“With Scout Gaming's product we see opportunities to further develop the product offering and at the same time establishing a new sports vertical in a European liquidity network.”

Shares in Scout Gaming Group AB (STO:SCOUT) were trading down 0.20 per cent at SEK39.00 per share in Stockholm Wednesday morning.