Daily fantasy sports player spend well up

News on 29 Jul 2015

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:

Related and similar