Fantasy Sports Post Growth, Creating $3.6 Billion in Revenue Online, Business and Industry Trends Analysis

Fantasy sports leagues, in which amateurs (“gamers”) choose professional players to participate in virtual (“fantasy”) teams are a huge success.  Analysts at Eilers & Krejcik Gaming reported an estimated $3.26 billion on daily fantasy sports in 2016, up about 4% from 2015 (fees include league fees, transaction fees, web hosting, prize fees, information materials and challenge games).  Gamers follow their chosen players’ on-field, real-life statistics throughout the season.  Many bet against their friends’ teams, contributing to a pool of money.  At the end of the season, the fantasy team with the best statistics wins the pot.  The practice began in…

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