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Monday, September 28, 2015
Fantasy Sports
Fantasy football alone is a $3.6 billion industry and growing rapidly. According to Business Insider, gambling industry is $240 billion. Comparing the both numbers you can see the difference between the two, but the growth of fantasy sports can't be compared. But in some states such as Iowa and Michigan the state congress ruled that fantasy sports is a game of luck which means it is another form of gambling. "The average Fantasy player spends about $110 per year on the hobby, equating to roughly $3.6 billion in economic productivity this season."Ryan Somers,SAP.
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