Scout will provide a fantasy sports platform to the Philippines-based operator, which is expected to launch the new offering during the first half of 2019. Dafabet is also expected to be part of Scout’s global liquidity network.

"We are proud that Dafabet selected us as their fantasy sports partner,” said Scout Gaming CEO Andreas Ternström. “Dafabet is considered to be one of the largest private operators in Asia and is highly respected within the industry on a global basis. It is clearly very satisfying to sign up another tier 1 operator."

Dafabet marketing director Nikos Diakoumopoulos added: "We have a history of successful growth across multiple product verticals and look forward to be able to introduce Scout Gaming’s fantasy sports platform to our player base. Fantasy sports holds great potential and complements our existing portfolio perfectly.”

Shares in Scout Gaming Group AB (STO:SCOUT) were trading at SEK27.90 per share in Stockholm Friday morning, having hit a new 52-week low of SEK25.50 yesterday.