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Global Daily Fantasy Sports acquires live casino provider Playgon

4th December 2019 2:00 pm GMT

Toronto-listed fantasy sports provider Global Daily Fantasy Sports has entered into a definitive agreement to acquire Vancouver-based live casino provider Playgon Interactive for CAD$9.5m.

Global will acquire all of the issued and outstanding common shares in Playgon for a purchase price of $9.5m, payable via the issuance of 63,333,333 shares in Global at a price of $0.15 per share.

Founded in 2017, Playgon develops live dealer games which are broadcast from a 12,000 square foot studio in [...]

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