{"id":47432,"date":"2017-03-27T17:00:40","date_gmt":"2017-03-28T00:00:40","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=47432"},"modified":"2017-03-27T13:58:43","modified_gmt":"2017-03-27T20:58:43","slug":"draftkings-launches-germany-via-maltese-skill-gaming-license","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/draftkings-launches-germany-via-maltese-skill-gaming-license\/","title":{"rendered":"DraftKings Launches in Germany Via Maltese Skill-gaming License"},"content":{"rendered":"<p class=\"p1\">DraftKings launched beta-testing in Germany over the weekend, as the company\u00a0 attempted to get back on track with global expansion plans that were disrupted in late 2015.<\/p>\n<figure id=\"attachment_47433\" aria-describedby=\"caption-attachment-47433\" data-style=\"width: 620px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-47433\" src=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/03\/DraftKings-Germany.jpg\" alt=\"DraftKings launches in Germany\" width=\"620\" height=\"400\" srcset=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/03\/DraftKings-Germany.jpg 620w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/03\/DraftKings-Germany-142x92.jpg 142w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/03\/DraftKings-Germany-166x107.jpg 166w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/03\/DraftKings-Germany-465x300.jpg 465w\" sizes=\"(max-width: 620px) 100vw, 620px\" \/><figcaption  id=\"caption-attachment-47433\"class=\"text-description\">\u201cDein Managerspiel\u201d is, apparently, German for DFS. DraftKings hopes that its new Maltese license will provide it with access to numerous EU countries as it finally gets around to that international expansion thing it promised. (Image: Draftkings)<\/figcaption><\/figure>\n<p class=\"p1\">\u201cGermany is known for its passionate sports fans and we are pleased to welcome them to daily fantasy sports,\u201d insisted DraftKing\u2019s Jeffrey Haas in the officiall announcement. \u201cGermans show a proclivity for American sports, particularly the NFL and <a href=\"https:\/\/www.casino.org\/news\/las-vegas-nba-franchise-alley-oops-off-nfl-efforts\">NBA<\/a>. Initial testing in Germany shows that our most popular sport has been the NBA, which is why we are opening our beta test to all German sports fans.\u201d<\/p>\n<p class=\"p3\">In July 2015, the Boston-based daily fantasy sports giant raised $300 million in funding, $150 million of that coming from Fox Sports in return for an 11 percent stake in the company. The popularity of DFS had exploded in the US throughout 2015, fueled by a blitz of television advertising, and DraftKings was poised to take on the world.<\/p>\n<h2 class=\"p3\"><b>Ambitions on Hold<\/b><\/h2>\n<p class=\"p3\">It announced as much via press a release,when it also broke the news that it received a license to operate in the UK. There was talk of Europe, Asia, and\u00a0Latin America, of \u201cinternational explosive growth\u201d as the company sought to \u201cengage with sports fans around the world.\u201d<\/p>\n<blockquote class=\"main-blockquote\">\n<p class=\"p3\"><strong>It didn\u2019t happen, and the only thing that exploded was DFS\u2019s domestic reputation, followed by a series of incendiary lawsuits, as the legality of the contests began to be challeng<\/strong><span class=\"s1\"><strong>ed across the US.<\/strong> <\/span><\/p>\n<\/blockquote>\n<p class=\"p1\">Both <a href=\"https:\/\/www.casino.org\/news\/draftkings-fanduel-merger-described-imminent\">DraftKings<\/a> and FanDuel were required to put their expansion ambitions on hold, as they plowed capital into lobbying efforts and legal battles fought in several fronts.<\/p>\n<p class=\"p1\">A platform did launch in the UK, but with little fanfare and none of the marketing bluster that had been promised. The jury remains out on whether there is a real appetite for DFS in Britain where residents have free and easy access to sports betting of every variety.<\/p>\n<h2 class=\"p1\"><b>Malta Embraces DFS<\/b><\/h2>\n<p class=\"p1\">Significantly, DraftKings has just completed a new round of funding, raising $100 million, although in these uncertain times it\u2019s unlikely to blow this on a German media blitz.<\/p>\n<p class=\"p1\">Perhaps more significant is that the fact that DraftKings recently became the first operator of any type to be approved by the Malta Gaming Authority for its new \u201cskill-gaming\u201d license.<\/p>\n<p class=\"p1\">Malta is the European hub of online gambling licensing, and its decision to include DFS under \u201cskill gaming\u201d as opposed to gambling licensing provides a base for for operators to target numerous countries within the European Union and grow their operations there.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DraftKings launched beta-testing in Germany over the weekend, as the company\u00a0 attempted to get back on track with global expansion plans that were disrupted in late 2015. \u201cGermany is known for its passionate sports fans and we are pleased to welcome them to daily fantasy sports,\u201d insisted DraftKing\u2019s Jeffrey Haas in the officiall announcement. \u201cGermans [&hellip;]<\/p>\n","protected":false},"author":42,"featured_media":47433,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,16,1074],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.1 - 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DraftKings hopes that its new Maltese license will provide it with access to numerous EU countries as it finally gets around to that international expansion thing it promised. 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