Source: PR Newswire Association LLC
Additional daily fantasy sports guidelines developed in conjunction with the National Council on Problem Gambling.
NEW YORK (Dec. 8, 2015) – DraftDay Gaming Group, Inc. (DraftDay), the market leading business-to-business daily fantasy sports operator, is proud to announce the implementation of an industry-defining consumer protection initiative that will differentiate DraftDay from other operators within the daily fantasy sports industry.
DraftDay has partnered with market-leading companies, such as GeoComply USA, Inc., IDology, Inc., and Paysafe (formerly Optimal Payments) to employ the same comprehensive Know Your Customer ("KYC") solutions used in the regulated horse-racing and online gaming markets in the U.S. DraftDay, along with the National Council on Problem Gambling (NCPG), has established new safety guidelines for skill-based daily fantasy sports that will serve as a model for the industry.
"Since Viggle Inc. and Sportech acquired DraftDay, our immediate priority has been to bring the same safety and consumer protection to DraftDay that Sportech provides its customers in the regulated U.S. and worldwide gaming markets", said Rich Roberts, CEO of DraftDay. "With calls for stricter consumer protection by many state governments, DraftDay, in conjunction with the NCPG, has created a set of skill-based daily fantasy sports consumer-oriented policies to address each state's increased demands for safety and accountability."
Keith Whyte, Executive Director of the NCPG, added, "The NCPG works with all stakeholders to promote responsible consumer protection and encourage all fantasy sports companies to adopt these guidelines. We worked with DraftDay and others to develop these policies based on our existing best-practice Internet Responsible Gambling Standards, that meet or exceed online responsible gaming requirements in every U.S. jurisdiction. Our relationship with Sportech in regulated gaming industries gives us confidence that DraftDay will bring the same consumer protection focus to the daily fantasy sports industry."
About DraftDay Gaming Group, Inc.
DraftDay Gaming Group, Inc. is the market leading business-to-business daily fantasy sports platform provider. Born out of a partnership between Viggle Inc. (NASDAQ: VGGL) and Sportech Digital, DraftDay Gaming Group, Inc. provides turnkey, white-label daily fantasy sports solutions to organizations looking for ways to monetize their existing users while protecting their valuable databases. The DraftDay network has paid out over $30 million in prizes with player retention and brand loyalty second to none in the industry. For more information, please visit www.draftdaygaming.com.
About National Council on Problem Gambling
NCPG serves as the national advocate for programs and services to assist problem gamblers and their families with the vision to improve health and wellness by reducing the personal, social and economic costs of problem gambling. NCPG is neither for nor against legalized gambling.
About GeoComply USA, Inc.
GeoComply are the market-leader for "compliance grade" geolocation, counting the market leaders for online broadcasting, payments and gaming across North America, Europe and Asia as their customers. Deployed across well over 200 million devices GeoComply gaming division has a near 100% market share in the US and is licensed as a geolocation service provider by Nevada Gaming Control Board, New Jersey's Division of Gaming Enforcement and the Commonwealth of Delaware. GeoComply was recognized as Geolocation service provider of the year 2015 by iGaming Business and eGaming Review. For more information please visit www.geocomply.com.
About Paysafe Group Plc
Paysafe Group Plc (formerly Optimal Payments Plc) is a global provider of online payment solutions, trusted by businesses and consumers in over 200 countries and territories to move and manage billions of dollars each year. Merchants use Paysafe's services and gateway platforms and innovative prepaid products and solutions to simplify how they accept credit and debit card, direct-from-bank, and alternative and local payments; whilst Paysafe's NETELLER®, Skrill® and paysafecard® services are used by merchants to increase revenues and capture new customers. Consumers use the multilingual and multicurrency NETELLER, Net+® Card, Skrill and Skrill Card stored-value offerings and the paysafecard prepaid solutions to make secure and convenient payments and payolution® for their invoices and installment payments. Paysafe also supports a wide variety of prepaid programmes – from white-label prepaid cards to bespoke solutions. Paysafe Group Plc is quoted on the London Stock Exchange's AIM market, with a ticker symbol of PAYS.
About IDology, Inc.
IDology, Inc. provides real-time technology solutions that verify an individual's identity and age for anyone conducting business in a consumer-not-present environment to help drive revenue, decrease costs, prevent fraud and meet compliance regulations. Founded in 2003, IDology offers a solution-driven approach to identity verification and fraud prevention that ultimately helps increase customer acquisition and improve customer experience. IDology has developed an innovative and on-demand technology platform that allows customers to control the entire proofing process and provides the flexibility to make configuration changes that are deployed automatically – without having to rely on internal IT resources or IDology's customer service – so customers can stay ahead of the fraud landscape while maintaining compliance. For more information, visit www.IDology.com or call 866-520-1234.
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