Las Vegas-based iGaming company Atlantis Gaming is gearing up to launch the first federally-approved online betting and daily fantasy sports platform in the United States.

In a statement, the company said it has received approval from two federal agencies for its refinements of online gaming, and is planning the first initial public offering (IPO) of a legal daily fantasy sports company in early 2017.

Founder and CEO Donald Bailey said Atlantic Gaming “offers a federally approved, completely legal internet gaming and DFS platform.”

“We are currently the only legal internet platform for daily fantasy sports, online poker and most other casino games,” Bailey said. “Many large funding groups and professional sports organizations (e.g., NFL, NBA, MLB, NHL, club owners, and even ESPN) invested in DFS based on an extremely lucrative market. However, amid the turmoil of the two leading DFS companies, ESPN pulled out of the legally-challenged DFS companies and to date, those companies have remained private.”