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PMI Unveils Fantasy Sports Market Success: Remarkable US$ 1.6 Billion and Impressive CAGR of 11.20%
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, Ashneerâs Groverâs Third Unicorn launched new cricket-focused fantasy sports app âCrickPeâ 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 â 2032 |
Market representation | Revenue in USD Billion & CAGR from 2022 to 2032 |
Market Segmentation | By Sports â Football, Soccer, Basketball, Baseball, Hockey, Golf, Cricket, Other fantasy sports By Gender â Male, and Female |
Regional scope | North America â U.S., Canada Europe â UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific â Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America â Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa â 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 sectorâs 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:
- Technological Advancements:Â Continued advancements in AI, AR, and VR technologies will enhance user experiences, offering more immersive gameplay and personalized insights.
- Global Expansion:Â The market will expand into new regions, catering to diverse sports interests and fostering a more inclusive gaming environment.
- Partnerships and Collaborations:Â Strategic alliances with sports organizations and celebrities will provide exclusive content and drive user engagement.
- Mobile Gaming:Â The proliferation of smartphones will fuel the growth of mobile-based fantasy sports apps, reaching a broader audience globally.
- Innovative Game Formats:Â Introduction of new and innovative game formats will keep users engaged and attract new players to the platform.
Opportunities:
- Diverse Sports Leagues:Â Inclusion of niche and emerging sports leagues will tap into specific fan bases, creating new revenue streams.
- E-Sports Integration:Â Integrating e-sports tournaments into fantasy sports platforms will cater to the growing demand for online competitive gaming.
- Social Gaming Features:Â Enhanced social gaming features will encourage user interactions, fostering a sense of community and user loyalty.
- Monetization Strategies:Â Development of creative monetization strategies, such as in-app purchases and premium memberships, will enhance revenue generation.
Challenges:
- Regulatory Compliance:Â Adhering to varying regulations in different regions regarding online gambling and fantasy sports will pose a challenge for global platforms.
- Data Security:Â Ensuring the security of user data and transactions amid rising cybersecurity threats will be crucial to maintain user trust.
- Market Saturation:Â With the increasing number of fantasy sports platforms, standing out in a saturated market and retaining users will be challenging.
- User Addiction Concerns:Â Addressing concerns related to addictive behavior and responsible gaming practices will be essential for the industryâs reputation.
- Legal Challenges:Â Potential legal challenges related to player rights, intellectual property, and licensing agreements might emerge as the market evolves.

Latest News
ELA Games Casts Its Latest Spell with Witchesâ Book
Reading Time: 2 minutes
ELA Games beckons players to step into a shadowy realm of sorcery and mystery with its newest release: Witchesâ 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 Witchesâ Book, magic shimmers in every spin. Players aim to collect enchanted pages and experience the power of each witchâs 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 witchesâ 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 5Ă3 reel format, making each spin a potion of excitement.
ELA Gamesâ Magical Touch
Witchesâ Book is an enchanting embodiment of ELA Gamesâ philosophy regarding creative innovation and a focus on engaging gaming experiences. The gamesâ animations, sound design, and dynamic mechanics blend to create an atmospheric game that will have players a part of the incantation.
Marharyta Yerina, ELA Gamesâ Managing Director, commented on the release, âWith Witchesâ 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. Witchesâ Book is an example of our development approach: leverage creativity to entertain players while driving meaningful performance results for operators.â
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 Witchesâ Book appeared first on European Gaming Industry News.
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GR8 Techâs Bet It Drives Hits the Portuguese Fast Lane with Tiago Pereira of LeBull.pt
Reading Time: 2 minutes
Lisbonâs streets set the pace for Season 2 of GR8 Techâs Bet It Drives â the drive-time podcast where iGamingâs 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 Portugalâs 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 doesnât 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 thatâs still quietly visible online for those who know where to look.
- His Champion Rule: move forward with an âI need to get this doneâ mindset. Whatever happens, donât stop. Stay consistent, keep moving forward, and the results will follow.
âTiago showed us how to win a new market with discipline, curiosity, and the courage to keep moving forward,â 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. Lisbonâs 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 3â6, and discover the Heavyweight Rulebook built for operators ready to scale, localize, and win.
The post GR8 Techâs 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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Gaming in Germany Conference confirms new speakers, breakout program
Reading Time: 2 minutes
The Gaming in Germany Conference, which will take place November 11 in Berlin, has added several new speakers to its already impressive agenda.
Sebastian Buchholz, Head of Licensing and Market Supervision, Gemeinsame GlĂŒcksspielbehörde der LĂ€nder (GGL), will deliver the eventâs keynote address.
The operatorâs perspective will be well represented at this yearâs Gaming in Germany Conference, with Christian Heins, Director iGaming Tipico; Alex Green, Vice President â Games, ZEAL Network; and Ewout Keuleers, former General Counsel, Kindred Group all confirmed to make an appearance at our event.
Naturally, attendees will also hear from both German and European trade associations, with Dr. Dirk Quermann, President, Deutscher Online Casinoverband (DOCV); Mathias Dahms, President, Deutscher Sportwettenverband (DSWV); and Maarten Haijer, Secretary General of the European Gaming and Betting Association (EGBA) contributing.
Willem van Oort, founder of Gaming in Germany commented: âI am extremely pleased with this yearâs speaker lineup. I think it speaks of the relevance of our event, and especially the key topics that we are highlighting this year: the threat of the black market and the evaluation of the 2021 State Gambling Treaty. I see that licensed operators are highly committed to making the German iGaming market more sustainable and competitive and I am very happy that we are trusted to play a role in promoting fruitful discussion and debate on these topics.â
âAs the event takes place while the evaluation of the 2021 State Gambling Treaty is ongoing, this is certainly the time to be part of the conversation,â van Oort added.
Breakout program and networking opportunities
In addition to its main program, the Gaming in Germany Conference will also feature several highly practical breakout sessions on data compliance, game certification, RG, live casino, eSports, and much more.
The full agenda, including breakout program, is available here.
In addition to a loaded program, the Gaming in Germany Conference also offers plenty of networking opportunities during pre-conference dinner, coffee breaks, lunch, and concluding networking drinks.
Practical information
The 2025 Gaming in Germany Conference takes place Tuesday, November 11, 2025, at the DoubleTree Hilton Kuâdamm in Berlin â just 100 meters from the magnificent KurfĂŒrstendamm.
The post Gaming in Germany Conference confirms new speakers, breakout program appeared first on European Gaming Industry News.
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