Daily Fantasy Sports Player Spend Well Up
By Casinomeister, Last updated Jul 31, 2015
From an average of $95 annually to $465 is a major surge
Daily fantasy sports players are spending more this year and now deposit on average $465 annually, according to statistics from the Fantasy Sports Trade Association.
And yet market leaders DraftKings and FanDuel have yet to show a profit, instead investing heavily in marketing in order to build massive player bases.
Analyst Adam Krejcik of Eiler's Research spoke to CNBC about the phenomenon here:
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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophotography.
bryan@casinomeister.com
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