DFS added to ZenSports product portfolio

09/09/2019 | SBC Americas

Peer-to-peer sports betting firm ZenSports has confirmed that it will add daily fantasy sports (DFS) contests to its suite of product solutions. The firm, hitherto, has been 100% focused on mobile peer-to-peer sports betting activities, allowing bettors to create and accept sports bets with anyone else in the world without the need for a centralized bookmaker.

ZenSports’ peer-to-peer sports betting marketplace is currently only available outside the United States. However, its new Daily Fantasy Sports Contests product will be available in 41 states throughout the US.

Daily Fantasy Sports has a carve-out exemption at the federal level from the Unlawful Internet Gambling Enforcement Act, and ZenSports will offer its new DFS product in states that have either legalized DFS contests or not explicitly made it illegal.

International residents will also have access to the DFS product, but the peer-to-peer sports betting product will continue to be excluded from US residents. The firm uses multiple geo-restricting technologies to ensure that only international residents get access to the P2P sports betting features, and that only residents in the aforementioned 41 states have access to its DFS contest features.

Co-Founder and CEO Mark Thomas stated: “When building our new DFS features, we took great pains to ensure that the user experience and design within our app weren’t compromised for international customers that have access to both products. While at the same time, using the technologies available to us to ensure that only international residents get access to our P2P sports betting features, and only US residents in the 41 states get access to the DFS features. We feel good that we’ve balanced both very well.”

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