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PMI Unveils Fantasy Sports Market Success: Remarkable US$ 1.6 Billion and Impressive CAGR of 11.20%

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Fantasy sport is also called as rotisserie or roto a game played by using internet, where a participants assemble virtual teams which is composed of proxies of real players of professional sport.

A major factor driving the growth of the fantasy sports business is the rise in the number of sporting events organized worldwide. Technological advancements, coupled with the availability of streaming partners, are further driving the fantasy sports market. Growing trend of an increasing number of players, and strong presence of Internet infrastructure will significantly influence Fantasy Sports Market growth.

Recent Key Highlights of Fantasy Sports Market:

  • In March 2023, Ashneer’s Grover’s Third Unicorn launched new cricket-focused fantasy sports app ‘CrickPe’ which came ahead of marquee IPL (Indian Premier League) tournament. The company also shared the Apple store and Google Play store links to download applications.

List of Key Players Profiled in the Fantasy Sports Market:

  • CBS Corpd
  • DraftKings Inc.
  • Fox Corp.
  • Paddy Power Betfair Plc
  • Roto Sports Inc.
  • Sporta Technologies Private Ltd.
  • Sportech Inc.
  • The Football Association Premier League Ltd.
  • The Walt Disney Company
  • Verizon Communications Inc.

Report Scope & Segmentation:

Attribute Details
Base year for estimation 2022
Forecast period 2022 – 2032
Market representation Revenue in USD Billion & CAGR from 2022 to 2032
Market Segmentation By Sports – Football, Soccer, Basketball, Baseball, Hockey, Golf, Cricket, Other fantasy sports
By Gender – Male, and Female
Regional scope North America – U.S., Canada
Europe – UK, Germany, Spain, France, Italy, Russia, Rest of Europe
Asia Pacific – Japan, India, China, South Korea, Australia, Rest of Asia-Pacific
Latin America – Brazil, Mexico, Argentina, Rest of Latin America
Middle East & Africa – South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
Report coverage Revenue forecast, company share, competitive landscape, growth factors, and trends

Analyst View:

The growing popularity of OTT platforms is expected to augur well for the fantasy sports segment. The OTT sports experience is set to observe innovation, which is mainly driven by the fantasy sports business. Fantasy sport and OTT platforms have become an apt match for the overall entertainment business which is likely to propel market growth.

The Emerging Trends and Innovations in Fantasy Sports Market:

In the dynamic realm of Fantasy Sports, emerging trends and innovations are reshaping the gaming landscape. Augmented Reality (AR) and Artificial Intelligence (AI) are elevating user engagement through personalized insights and immersive experiences. Blockchain technology ensures secure transactions, while social gaming features foster community interaction. Live streaming and Virtual Reality (VR) enhance the viewing experience, attracting a wider audience. Platforms are diversifying with women-centric leagues and embracing sustainability initiatives. Predictive analytics and global expansions cater to diverse sports interests. Strategic partnerships with teams and athletes create exclusive content, enriching user experiences. These advancements signify the sector’s evolution, promising exciting prospects for fantasy sports enthusiasts globally.

What factors are likely to shape the future of the market, and what opportunities and challenges will arise?

Factors Shaping the Future of the Fantasy Sports Market:

  1. Technological Advancements: Continued advancements in AI, AR, and VR technologies will enhance user experiences, offering more immersive gameplay and personalized insights.
  2. Global Expansion: The market will expand into new regions, catering to diverse sports interests and fostering a more inclusive gaming environment.
  3. Partnerships and Collaborations: Strategic alliances with sports organizations and celebrities will provide exclusive content and drive user engagement.
  4. Mobile Gaming: The proliferation of smartphones will fuel the growth of mobile-based fantasy sports apps, reaching a broader audience globally.
  5. Innovative Game Formats: Introduction of new and innovative game formats will keep users engaged and attract new players to the platform.

Opportunities:

  1. Diverse Sports Leagues: Inclusion of niche and emerging sports leagues will tap into specific fan bases, creating new revenue streams.
  2. E-Sports Integration: Integrating e-sports tournaments into fantasy sports platforms will cater to the growing demand for online competitive gaming.
  3. Social Gaming Features: Enhanced social gaming features will encourage user interactions, fostering a sense of community and user loyalty.
  4. Monetization Strategies: Development of creative monetization strategies, such as in-app purchases and premium memberships, will enhance revenue generation.

Challenges:

  1. Regulatory Compliance: Adhering to varying regulations in different regions regarding online gambling and fantasy sports will pose a challenge for global platforms.
  2. Data Security: Ensuring the security of user data and transactions amid rising cybersecurity threats will be crucial to maintain user trust.
  3. Market Saturation: With the increasing number of fantasy sports platforms, standing out in a saturated market and retaining users will be challenging.
  4. User Addiction Concerns: Addressing concerns related to addictive behavior and responsible gaming practices will be essential for the industry’s reputation.
  5. Legal Challenges: Potential legal challenges related to player rights, intellectual property, and licensing agreements might emerge as the market evolves.

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Soft2Bet releases TopBet.ro in Romania with a motorsport‑inspired identity tailored to local fans

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Soft2Bet has launched TopBet.ro, a new Romanian sportsbook designed to cater to local habits and preferences. Built with a clear focus on motorsport and match-day culture, the brand combines competitive odds and fast mobile journeys with an auto-themed identity that resonates with local fans.

From launch, TopBet.ro has been tuned to the way Romanians follow sport. Football and motorsport are front and centre, with timely markets, match-day boosts and content that reflects supporters’ weekly rituals. Romania’s proximity to major European circuits and easy short-haul travel make it a natural home for motorsport fans, and TopBet.ro responds with creative campaigns, themed missions and seasonal offers built around grand prix weekends. The same care is evident throughout the interface: clear navigation, quick bet placement, and a clean, mobile-first design.

Yoel Zuckerberg, Chief Product Officer at Soft2Bet, said: “With TopBet.ro, we set out to create a brand that feels Romanian from the first tap, then added MEGA missions and challenges that turn derby days and grand prix weekends into journeys people return to. What we prove on our own brands becomes the toolkit we offer partners, combining culturally tuned products with measurable engagement and the ability to scale with minimal integration effort.”

Brand representative from TopBet.ro commented: “TopBet.ro is designed for Romanian fans who want more from every match. Together with Soft2Bet, we built a platform that connects sport, competition, and rewards in a way that feels natural and exciting. Our goal is to give every player the chance to experience the game like a champion.”

Alongside sports, TopBet.ro offers a comprehensive casino lobby for quick breaks or a change of pace, featuring popular slots, live dealer tables, and sports-themed titles, all delivered in a mobile-first format with clear navigation and quick load times. The experience is powered by Soft2Bet’s performance-first platform, which delivers speed, stability, and smooth gameplay, along with responsible play tools tailored to local requirements. A key part of this is MEGA (Motivational Engineering Gaming Application), the engagement engine that turns play into progress through missions, challenges and quests that unlock rewards and keep sessions fresh.

The approach has already proved successful in Romania, where seasonal quests and local events are firm favourites among players. By turning everyday actions into clear milestones and rewards, MEGA lifts session depth and repeat visits, helping first-time players become long-term customers.

 

The post Soft2Bet releases TopBet.ro in Romania with a motorsport‑inspired identity tailored to local fans appeared first on European Gaming Industry News.

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ELA Games Casts Its Latest Spell with Witches’ Book

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ELA Games beckons players to step into a shadowy realm of sorcery and mystery with its newest release: Witches’ Book

Bathe in the magic as a powerful coven of three witches conjures their spells across the reels, revealing mysterious rewards and surprises. Each spin is a step toward ultimate strength, where massive riches and bubbling magic await.

The Power of the Book

In the Witches’ Book, magic shimmers in every spin. Players aim to collect enchanted pages and experience the power of each witch’s most mythical spells.

Once players gather enough enchanted pages, they complete the spellbook and choose their witch and symbol to unlock the magical Free Spins. As the witches’ power grows, every symbol has the chance to transform into a Jackpot, turning ordinary spins into powerful, enriching moments.

A medium volatility level and 94.9% RTP ensure that wins are frequent even on the base game. Additionally, multiple surprise features can arise and spread across the 5×3 reel format, making each spin a potion of excitement.

ELA Games’ Magical Touch

Witches’ Book is an enchanting embodiment of ELA Games’ philosophy regarding creative innovation and a focus on engaging gaming experiences. The games’ animations, sound design, and dynamic mechanics blend to create an atmospheric game that will have players a part of the incantation.

Marharyta Yerina, ELA Games’ Managing Director, commented on the release, “With Witches’ Book, our goal was to create a title that emphasises the visually-rich aesthetics that embody the atmosphere of the brooding festive season. Every feature and design element was meticulously crafted to keep players engaged and deliver value for our partners. Witches’ Book is an example of our development approach: leverage creativity to entertain players while driving meaningful performance results for operators.”

Discover Enchanting Riches Now

Players can dive into the mysterious world of magic and spells today, with powerful gameplay and immersive experiences.

Finish your incantation and cast a powerful, lucrative spell today.

The post ELA Games Casts Its Latest Spell with Witches’ Book appeared first on European Gaming Industry News.

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GR8 Tech’s Bet It Drives Hits the Portuguese Fast Lane with Tiago Pereira of LeBull.pt

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Lisbon’s streets set the pace for Season 2 of GR8 Tech’s Bet It Drives — the drive-time podcast where iGaming’s most interesting voices speak freely, in motion. Hosted by Yevhen Krazhan, Chief Sales Officer at GR8 Tech, each episode captures raw insight, candid stories, and the kind of energy you can only find on the road.

Episode 2 puts the spotlight on Tiago Pereira, Head of Portugal at LeBull.pt, the executive who helped turn a logo and a bull into one of the fastest-growing brands in Portugal’s regulated iGaming market. With more than 20 years in sports betting, affiliates, and casino operations at Placard.pt, Betano.pt, bet.pt, and Sportingbet, Tiago has led market entries, compliance frameworks, sponsorships, and full-funnel digital growth.

During the ride, Tiago opens up about:

  • How he found his path and his journey from architecture and computer science to marketing.
  • The history of LeBull.
  • Portugal vs. Brazil: same language, different mindset: why copy-paste doesn’t work and true localization is key.
  • The idea behind the LeBull Night Show, a weekly late-night comedy event.
  • His failed marketing project.
  • Trusting younger generations.
  • His previous approach to marketing when he joined Betano in 2017.
  • Why the Portuguese sports betting market relies on the casino vertical.
  • The next chapter for affiliation.
  • Network or Not Work: mascots, localization, and keeping support teams local.
  • A small personal detail that’s still quietly visible online for those who know where to look.
  • His Champion Rule: move forward with an “I need to get this done” mindset. Whatever happens, don’t stop. Stay consistent, keep moving forward, and the results will follow.

“Tiago showed us how to win a new market with discipline, curiosity, and the courage to keep moving forward,” said Krazhan.

Watch or listen to Season 2, Episode 2 with Tiago Pereira on:

Bet It Drives Season 2 kicked off with Rasmus Sojmark and keeps the pace with upcoming episodes featuring Kyrylo Korobka and Kelly Kehn. Buckle up. Lisbon’s just getting started.

The next chapter of iGaming belongs to those who play smart and play bold. Meet GR8 Tech at booth 5028-2 during SiGMA Central Europe 2025 in Rome, November 3–6, and discover the Heavyweight Rulebook built for operators ready to scale, localize, and win.

The post GR8 Tech’s Bet It Drives Hits the Portuguese Fast Lane with Tiago Pereira of LeBull.pt appeared first on European Gaming Industry News.

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