Fantasy Sport Growing in the US

Manuel Martinez Gambling, Sports Betting Leave a Comment

As you might know by now, legalized sports betting became a reality after the State of New Jersey helped overturn PASPA in May, 2018. Close to a third of all states now have some sort of regulated sports betting and it doesn’t seem like its spread is slowing down any time soon.

Granted, there are states like Florida and Texas where it may never happen. But, the states that have chosen to participate and offer their residents legal sports betting are likely going to benefit long term, so who knows – maybe the more conservative states will follow suit.

There are really two brands that have dominated the scene: DraftKings and FanDuel. These daily fantasy sports brands are branching out and, until a strong player starts gaining ground and stealing some market share, these two giants might continue do bring the most punters in every new jurisdiction. That said, there are those who challenge these top sites, like StarsDraft and Monkey Knife Fight for instance – a DFS company that has been making some noise lately.

According to FSGA 75% of sports bettors played fantasy sports in 2018, and US players of 18 reached just under 46 million last year:

Answering about the state of Daily Fantasy Sports, Peter Schoenke from rotowire.com said in an answer on Quora that “Fantasy sports in the U.S. continues to grow and shows no signs of slowing down. The U.S. fantasy sports industry has grown from an estimated 32 million players in the US + Canada in 2010 to 59.3 million in 2017. And the industry grew in the U.S. from 42 million in 2015 to 45.9 million in 2019”

As more and more states will legalize betting, we are keeping a keen eye on the growth and cross-sell to Daily Fantasy Sports as well.

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