Fantasy sports now worth billions

Rappler.com
Fantasy sports now worth billions

Fantasy sports were once just a fun way for diehard fans to express their love of the game together with other zealots, without actually getting out on the field themselves.

Now, however, they are a multibillion-dollar business whose tech-savvy clientele increasingly drive how the pro leagues operate and the way big games are broadcast. Fantasy players spend an average $465 per year on their imaginary competitions, up markedly from $95 in 2012, according to the market research firm Ipsos.

Read more about the Fantasy sports business

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