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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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CryptoSlots Unveils “The 24 Spins of Christmas” – A Digital Advent Calendar Packed with Daily Bonuses and Chances to Win $1M Jackpot

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CryptoSlots.com, a leading crypto-only online casino launches its festive holiday promotion, “The 24 Spins of Christmas.” This unique bonus advent calendar is designed to spread cheer throughout December, offering players a new gift every week and a fresh chance to win every day until December 24th.

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The post CryptoSlots Unveils “The 24 Spins of Christmas” – A Digital Advent Calendar Packed with Daily Bonuses and Chances to Win $1M Jackpot appeared first on European Gaming Industry News.

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SPOTLIGHT SPORTS GROUP RELEASES WORLD CUP 2026 BETTING OUTLOOK AS INDUSTRY PREPARES FOR SURGE IN FIRST TIME BETTORS

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New research reveals high intent to bet, major entry of first time bettors and rising demand for personalised, trusted content ahead of the biggest World Cup in history.

Spotlight has released its World Cup 2026 Betting Outlook, presenting new insights into how fans will watch, bet and engage across the expanded 48 team, 39 day tournament.

Key findings show major shifts in fan betting behaviour:

  • 66% of planned bettors will be betting on the World Cup for the first time
  • In the US this rises sharply to 90%, signalling significant entry of new bettors into the market
  • 70% plan to place a bet, but only 7% feel confident doing so
  • 44% say late night and early morning kick off times, particularly for UK fans, will push them toward more pre match betting
  • 96% want personalised betting content tailored to their interests
  • Social media is the least trusted source of betting insight

The research also highlights strong enthusiasm for the expanded tournament format itself, with 93% feeling positive about the 48 team structure and 86% planning to stay engaged throughout the full 39 day schedule.

Mark Langdon, Group Sports Director at Spotlight Sports Group, said: “The data shows that the 2026 World Cup will bring a huge wave of new and inexperienced bettors into the market. Operators that deliver simple onboarding, strong pre-match insight and personalised content will be best positioned to capture and engage this audience.”

The findings will be discussed in detail during Spotlight Sports Group’s SBC webinar Engaging Audiences During the 2026 World Cup on Thursday 4 December at 2pm GMT.

 

About the research

The survey gathered responses from 600 sports fans across the UK, US and LATAM.

The post SPOTLIGHT SPORTS GROUP RELEASES WORLD CUP 2026 BETTING OUTLOOK AS INDUSTRY PREPARES FOR SURGE IN FIRST TIME BETTORS appeared first on European Gaming Industry News.

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Playson debuts dynamic new feature in Tornado Power: Hold and Win

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Tornado Feature and dynamic Thunder Bonus Feature enrich both Main Game and Bonus play

Playson, the accomplished digital entertainment supplier, has unleashed a whirlwind of excitement with Tornado Power: Hold and Win, introducing a new Tornado Feature and enhanced payouts.

The 3×4, 10 payline slot features immersive visuals with old-school charm, as the untamed gameplay is further enhanced by a new Tornado Feature, which can be randomly triggered whenever a Thunder Bonus Symbol lands during the Main Game or Bonus Game.

Once active, multipliers of up to an impressive 20x may activate as well as Bonus Symbols to increase the likelihood of triggering the Thunder Bonus Feature or Hold and Win Bonus Game.

When both a Bonus Symbol and Thunder Bonus Symbol lands on the reels, the Thunder Bonus Feature comes into action. The feature collects the values of all Bonus Symbols in play, including four in-game Jackpot Symbols, before adding them to the winnings for the spin in the Main Game or Total Win in the Bonus Game.

Landing at least one Bonus Symbol on each reel grants access to the Hold and Win Bonus Game, where players benefit from only Bonus and Thunder Bonus symbols for the entirety of the round. In a striking twist to bonus play, up to four Thunder Bonus Collect symbols can land on the centre reel, further amplifying the win potential on offer.

Additional entry to the Bonus Game is also boosted by the Pile of Gold Feature. Any Bonus Symbols that land on the reels during the main game can randomly trigger the feature, which sees Bonus and Thunder Bonus Symbols added to the grid in quantity enough to activate the Bonus Game.

This latest release demonstrates Playson’s ability for developing unique mechanics that enhance player engagement based on data-driven insights.

Anton Ivannikov, CPO at Playson, said:Tornado Power: Hold and Win showcases our commitment to elevating the Hold and Win experience with engagement-boosting mechanics that genuinely move the needle. The new Tornado Feature introduces a fresh layer of dynamism to gameplay, giving players more ways to interact with bonus elements and enjoy heightened win potential.

“It’s a strong reflection of our data-led approach to development, and we’re confident it will resonate across a variety of markets.”

The post Playson debuts dynamic new feature in Tornado Power: Hold and Win appeared first on European Gaming Industry News.

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