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Fantasy Sports Business Analysis Report 2024-2030: Technological Advancements in AR and VR, & Rising Demand for Interactive and Engaging Fan Experiences Spurs Growth

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The “Fantasy Sports – Global Strategic Business Report” report has been added to ResearchAndMarkets offering.

The global market for Fantasy Sports was estimated at US$24.2 Billion in 2023 and is projected to reach US$61.2 Billion by 2030, growing at a CAGR of 14.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the global fantasy sports market is driven by several key factors, including the rising number of sports enthusiasts, increasing smartphone penetration, and the emergence of new sports formats. One of the primary growth drivers is the expanding global sports fan base, with sports leagues like the NFL, NBA, and IPL attracting millions of followers across multiple regions.

Fantasy sports platforms capitalize on this fervor by allowing fans to engage with their favorite leagues in a more interactive manner. The ability to draft real-world players, make roster changes, and track player performances in real-time creates a sense of ownership and control that traditional sports viewership does not offer. This enhanced engagement is converting casual viewers into active participants, thereby expanding the fantasy sports market. Additionally, the increasing number of sports broadcasts and live streaming options is making it easier for fans to stay updated with player performances and match outcomes, further fueling the popularity of fantasy sports.

Another critical growth driver is the rising penetration of smartphones and mobile internet, which has made fantasy sports more accessible to a wider audience. Mobile apps have become the primary medium for fantasy sports participation, offering a seamless experience with real-time notifications, easy team management, and social features. The rise of daily and weekly fantasy sports formats has also contributed to market expansion, as these formats provide a faster and more flexible gaming experience compared to traditional season-long leagues.

Moreover, the growing popularity of new sports such as esports and mixed martial arts (MMA) is providing additional avenues for fantasy sports platforms to diversify their offerings and attract new user segments. Fantasy esports, in particular, is gaining momentum as it taps into the burgeoning gaming community, which shares a similar demographic with fantasy sports users. As technological advancements continue to enhance user experience and as the regulatory environment becomes more favorable, the global fantasy sports market is expected to witness sustained growth, driven by increased user engagement, diversified offerings, and broader market reach.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Application-based Platform segment, which is expected to reach US$49.5 Billion by 2030 with a CAGR of a 14.6%. The Web-based Platform segment is also set to grow at 12.5% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, which was estimated at $6.4 Billion in 2023, and China, forecasted to grow at an impressive 13.3% CAGR to reach $9.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players in the Fantasy Sports market such as Blitz Studios, Inc. (Sleeper), CBS SportsLine, Draft Kings, FanDuel Inc., Fantasy Sports Tech and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Key Attributes:

Report Attribute Details
No. of Pages 175
Forecast Period 2023 – 2030
Estimated Market Value (USD) in 2023 $24.2 Billion
Forecasted Market Value (USD) by 2030 $61.2 Billion
Compound Annual Growth Rate 14.2%
Regions Covered Global

Key Topics Covered:

MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Fantasy Sports – Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)

MARKET TRENDS & DRIVERS

  • Rising Popularity of Digital Sports Engagement Drives Growth in Fantasy Sports Market
  • Increasing Use of Mobile and Online Platforms Expands Addressable Market for Fantasy Sports
  • Rising Demand for Interactive and Engaging Fan Experiences Spurs Growth in Fantasy Sports Market
  • Increasing Focus on Social and Community-Based Gaming Drives Market Adoption
  • Case Overview: Growth in Sports Betting and Gambling Legalization Bodes Well for Fantasy Sports Market Expansion
  • Technological Advancements in Augmented Reality (AR) and Virtual Reality (VR) Propel Innovation in Fantasy Sports
  • Case Overview: Growth in Women’s Participation and Representation Expands Market Scope for Fantasy Sports
  • Rising Integration of Fantasy Sports with Social Media and Live Streaming Platforms Expands Market Opportunities

FOCUS ON SELECT PLAYERS:Some of the 34 companies featured in this Fantasy Sports market report include:

  • Blitz Studios, Inc. (Sleeper)
  • CBS SportsLine
  • Draft Kings
  • FanDuel Inc.
  • Fantasy Sports Tech
  • FantasyPros
  • Fantrax
  • First Pick Labs, Inc. (MyFantasyLeague)
  • Flutter Entertainment plc
  • low6 LTD

For more information about this report visit researchandmarkets webite.

 

The post Fantasy Sports Business Analysis Report 2024-2030: Technological Advancements in AR and VR, & Rising Demand for Interactive and Engaging Fan Experiences Spurs Growth appeared first on European Gaming Industry News.

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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Drafted.gg Achieves ESIC Gold Standard Accreditation, Joining a Distinguished List of Esports Betting Content Providers

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The Esports Integrity Commission (ESIC) today admits Drafted.gg into the ESIC Gold Standard accreditation following an extensive on-site audit. This prestigious recognition underscores Drafted.gg’s unwavering commitment to integrity, fair play, and robust security measures in esports.

The ESIC Gold Standard for esports betting products represents one of the highest bars in esports betting product compliance and integrity best practices. Fewer than a handful of organizations worldwide have demonstrated the advanced operational protocols, thorough oversight mechanisms, and consistent ethical standards necessary to pass the stringent requirements set by ESIC.

Achieving this level of accreditation signals an organization’s excellence in safeguarding against corruption, match manipulation, and unethical practices—all of which are critical to the continued growth and credibility of esports.

The comprehensive audit evaluated key areas essential to maintaining a fair and secure competitive environment. These areas included physical security, CCTV monitoring, communication device restrictions, referee oversight, and overall compliance with ESIC’s rigorous integrity program. Over the course of the audit, Drafted.gg demonstrated exceptional diligence, meticulous record-keeping, and a forward-thinking approach to maintaining the highest standards of transparency and fair play.

“Drafted.gg joins an elite circle of esports organizations that meet the exceptionally high bar of ESIC Gold Standard compliance,” said Ian Smith, Commissioner of ESIC. “Their rigorous approach to operational integrity meets the benchmark for best practices in esports. We welcome them into the ESIC Gold Standard for Betting Products category.”

The ESIC Gold Standard accreditation highlights Drafted.gg’s robust systems for upholding best practices within esports. From comprehensive background checks and secure access controls to high-quality production techniques, Drafted.gg exemplifies what is possible when an organization aligns every aspect of its operations with the principles of fair competition and ethical conduct. This accreditation also reinforces the integrity of Drafted.gg’s esports content—made available to operators through its partnership with Oddin.gg—helping sportsbooks access compliant, high-quality content for esports betting.

A representative from Drafted.gg remarked: “The entire management team at Drafted.gg is excited about this milestone, as passing ESIC’s Gold Standard audit validates the rigorous integrity measures built into Drafted.gg from day one. From match oversight to data security, Drafted.gg’s operations are designed to meet the highest standards in compliance. This accreditation is not just a milestone—it’s a statement of the company’s ongoing commitment to fair competition and trust in esports.”

 

The post Drafted.gg Achieves ESIC Gold Standard Accreditation, Joining a Distinguished List of Esports Betting Content Providers appeared first on European Gaming Industry News.

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FBM Foundation brings hope, joy and essential aid to National Children’s Hospital

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Bringing hope, joy and essential resources to children and families in need was the main purpose behind the FBM Foundation’s last initiative, in partnership with the National Children’s Hospital and Malasakit Center, on March 10th.

The social responsibility project of the FBM Group hosted a donation campaign delivering toys, school supplies, grocery essentials and critical medical equipment to improve the hospital’s services and bring comfort and joy to over 100 families.

The FBM Foundation aimed to make a meaningful impact on the operations of the National Children’s Hospital and the well-being of its patients. In response, employees from NTT and MEMO generously donated toys, art supplies, school supplies, baby wipes, clothing, and diapers. These contributions brought comfort and joy to young patients undergoing treatment at the hospital.

With the participation of 12 committed volunteers, this initiative counted with the direct involvement of Pepe Costa, FBM Foundation Representative, along with the celebrities Papa Jackson, Giselle Sanchez, and Daniel Matsunaga, who invested their time to bring a different enthusiasm to the day of these children.

Beyond the meaningful gifts, the FBM Foundation also provided critical medical equipment and supplies, such as gauze pads, underpads, wheelchairs, oxygen tanks, ECG machines, infusion pumps, nebulizers, and a vein locator apparatus. To complete the efforts of this donation campaign, the project delivered grocery essentials to 100 families facing medical challenges, offering much-needed support during difficult times.

Part of this initiative was possible by the funds raised from the Keepy-Uppy Charity Challenge during ICE Barcelona 2025. FBMDS not only showcased its latest iGaming innovations at the tradeshow but also turned visitor engagement into a tangible real-world impact. The Keepy-Uppy Charity Challenge successfully transformed participation into crucial donations, directly supporting vulnerable individuals through this important project at the National Children’s Hospital.

By combining the effects of these solidarity gestures, the FBM Foundation expects to improve the patient’s health care and enhance the hospital’s medical services. This initiative stands as a testament to the power of collective compassion by joining the dedication of 12 committed volunteers to the unwavering support of the FBM Foundation partners.

FBM Foundation continues its mission to create a lasting impact by promoting growth and well-being in communities around the world. Visit fbmfoundation.org to learn how you can help the project make a difference.

 

The post FBM Foundation brings hope, joy and essential aid to National Children’s Hospital appeared first on European Gaming Industry News.

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London Waterfront Experience unveiled for iGB L!VE

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iGB L!VE organisers have unveiled designs illustrating the stunning new waterfront social and business networking feature which will be launched at July’s edition, the first to be held in London.

Situated adjacent to the historic Royal Docks, the London Waterfront Experience will involve an iGB L!VE take-over of the Waterfront Street Kitchen and Bar part of ExCeL’s ‘Immerse LDN’ Dock Edge entertainment district. It will include a series of entertainment activations including a centrepiece barge which will be moored at the edge of the dock.

Heralding the exciting new feature which represents a celebration of iGB L!VE’s relocation to London, Global Portfolio Director Naomi Barton said: “ With London’s July sun shining and temperatures reaching the mid-twenties, iGB L!VE’s Waterfront Experience will serve as a dynamic networking and social space.  Open throughout the show it will provide a vibrant London-inspired ‘twist’ on the social and business opportunities that the industry loves about iGB L!VE.”

She added: “The London Waterfront Experience will enhance  iGB L!VE’s unique chemistry and help deliver another world class event with all elements of the igaming industry ecosystem coming together in a city which is widely regarded as being the heart of the igaming industry.

“iGB L!VE 2025 will deliver unparalleled business opportunities with attendees having free access to the sector’s most influential brands and igaming professionals, occupying over 22,000 sqm of cutting-edge innovation and inspiration.”

iGB L!VE’s relocation to London will enable the event brand to continue its upward trajectory and achieve an ambitious four-year plan targeting 30,000 visitors and 550+ exhibitors/sponsors by 2028.

The post London Waterfront Experience unveiled for iGB L!VE appeared first on European Gaming Industry News.

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