Bet on Fantasy Sports
Nearly 60 million people play fantasy sports. And platforms catering to this audience generate an estimated $3 billion in annual revenue.
Play Fantasy Sports is targeting this market with its unique betting platform.
This company is unlike competitors such as Fanduel and DraftKings, both of which are valued at more than $1 billion. These platforms charge high commission fees of up to 18%, and some only allow users to place bets using digital tokens.
Play Fantasy Sports, in contrast, charges commission fees of just 3% to 8%, and enables users to place bets using fiat currencies.
The company’s online platform is live, and it aims to launch a mobile version in Q3 2019.