Fantasy sports-related businesses are booming – accelerated by the Supreme court reversal of the federal ban on sport betting in 2018. According to IBISWorld research the fantasy sports market will grow from $19.9bn in 2020 to $47.9bn by 2028, driven by increased smartphone availability, technological advancements and further developments in analytics, gamification and team customisation.
To date, the biggest market is the United States, accounting for over 50% of global revenue- followed by the UK and Sweden.
Download this webinar to explore:
- The regulatory landscape of daily fantasy sports (DFS) and real-money sports betting in the US and what challenges operators face in terms of payments.
- The varying payment preferences of DFS and sports bettors, including different player segments like casual players and VIPS and how these preferences impact customer acquisition, retention, and overall growth.
- How operators approach payment security to ensure a seamless experience for their players, including strategies to safeguard sensitive financial information, prevent fraud and foster trust between operators and players.
- The potential of future technological developments in payment solutions for the sports betting industry and its impact on the customer experience.