The Major League Baseball 2018–19 season just started. Come June, FIFA 2018 will begin. NBA and NHL playoffs are afoot. It’s a great time to be a sports fan. Those looking for a more dynamic experience are turning their attention to fantasy sports, and the numbers behind the service tell a lot.
Fantasy sports allow users to partake in an online game wherein they get to create a team of their own using players they know and love to compete against fellow enthusiasts. The virtual league offers a chance to win prizes for the participants, and for those conducting the leagues, they’re entitled to a steady stream of profit from unwavering sports fans.
A research by the Fantasy Sports Trade Association (FSTA) says that in 2017, there were a total of 59.3 million people playing fantasy sports in the United States and Canada alone. The number of fantasy sports players has been on the rise since 1988. The group speculates that the number of players will continue its upward trend.
Also helping the progress of the service is that most fantasy sports providers are now opening their websites on mobile platforms so that it is more accessible to the growing fanbase. About 39 percent of 2017’s fantasy sports players used their smartphones to access their games, a 24 percent increase from 2012’s numbers.
It’s safe to say that companies who offer fantasy sports are rarely short on profit because of their growing user base and the fact that there are so many international sports leagues they can play. Investing in companies offering this service or solutions related to it could be a lucrative plan for those looking to rake in extra cash on the side.
Seeing how fantasy sports continues to display an impressive increase in user base per year, more gaming operators are probably going to look to offer fantasy sports to their user base, but that is easier said than done. Lucky for them, companies like Global Daily Fantasy Sports, Inc. (TSX-V: DFS) are offering multi-tenant gateways for brands looking to offer the service to their users. The white label solution an exclusive B2B platform for websites who want to tap into the marker to millions of sports fans around the globe.
Compared to the traditional fantasy sports, the platform that Global Daily Fantasy Sports offers to sportsbook operators, land-based operators, media groups, and big database companies are more dynamic. Instead of leagues lasting as long as sports seasons do, daily fantasy sports are held at shorter periods, meaning players get to participate in more games. Leagues can go for as long as a week or even just a day using the platform.
Global Daily Fantasy Sports targets a younger audience, and it comes with an array of features to boot. The solution that the company offers is highly-customizable and intuitive, meaning its clients are able to alter their leagues to cater to what their audiences need. The platform can also be seamlessly integrated with mobile, tablet, and desktop gaming websites, that further increases its accessibility.
There are a lot of factors that contribute to Global Daily Fantasy Sports success and make them a worthy addition to any investor’s portfolio.
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