DraftKings has received a Malta gaming license, paving the way for European expansion

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CHICAGO, IL - OCTOBER 16:  The fantasy sports website DraftKings is shown on October 16, 2015 in Chicago, Illinois. DraftKings and its rival FanDuel have been under scrutiny after accusations surfaced of employees participating in the contests with insider information. An employee recently finished second in a contest on FanDuel, winning $350,000. Nevada recently banned the sites.  (Photo illustration by Scott Olson/Getty Images) DraftKings was just approved for a Controlled Skill Games License from the Malta Gaming Authority, which is the entity that runs gaming in Malta – a small island nation south of Italy. While this may not sound like a big deal, (especially considering Malta has a population of under 500,000 people) the nation is part of the European Union, meaning DraftKings can now expand into some other… Read More
Source: Techcrunch

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