Vinfotech
Vinfotech is a leading iGaming software provider and fantasy sports website design & development company, offering customized and white-label gaming platforms that deliver a world-class gaming experience.
Sports Fan Engagement Software Development. White label gaming platform. Fantasy cricket app development company. Sports betting software providers. Even as the much-coveted millennial users continue to dodge traditional casino games, casino owners have now opened up to a new way to attract this lot.
Millennials are video-game and fantasy sports-savvy – a fact that has been recently converted into a winning streak by SportsAD and Resorts Digital Gaming. The two companies joined hands in July this year to launch the first licensed, real money fantasy sports game called FastPick for the US casino industry. This is a unique matchup-based sports game that uses a technology enabling players to make quick picks of their favorite professional athletes and earn big cash prizes. How to build a fantasy cricket website & mobile app like Dream11? Dream 11 is undoubtedly one of the most popular fantasy sports app in the country today.
It should come as no surprise to anyone if we herald it as the undisputed king of the OFSP industry. Starting way back in 2008, the creators of Dream 11 were able to harness the excitement fans had for sports and their favorite stars and use it to create a titan of the online gaming business. The success of Dream 11 paved a path for others with similar ambitions to jump into the business.
The resulting consequence has witnessed billions of dollars being poured into the gaming app development sector. Fantasy cricket website development. Fantasy cricket app development company. Sports betting app development company. How to win a mega contest on leading Fantasy Cricket platforms like Dream11, Mycircle11 and Fanfight?
The Fantasy Sports Industry is undoubtedly growing with each passing day.
It is already a phenomenon in India, with over 20 million diehard users spread across the country. If the current trend persists, then we may see this number ballooning to a whopping 150 million by 2022. The Immense Potential of Online Gaming in India. Gaming isn’t a novel concept for a country like India.
The affinity for gaming amongst Indians can be traced all the way back to the ’90s, when hand-held gaming consoles and 8-bit games like Mario and Contra were all the rage. Unfortunately, this craze dwindled a little bit at the beginning of the new millennium as the next generation of gaming consoles were met with dismal results in the country due to their expensive rates and overall inaccessibility. Igaming platform providers. Sports betting app development company. Sports betting website development. White label betting platform. Sports betting software providers. Fantasy cricket app development. How to grow your fantasy sports league with gamification? As the Fantasy sports industry continues to grow by leaps and bounds, managers and marketers running these platforms have found creating constant engagement with fans increasingly challenging.
This has made growing a business and accomplishing targeted revenues difficult as well. So in recent years, fantasy sports marketers have deployed an array of tactics in a bid to better engage their users with varying results. In this process, most successful OFSP’s have understood the value of fan engagement, community building and gradually taking a prospect from the need stage to the buying stage. One tactic that has assisted in this evolution in an ingenious manner is the technologically intuitive strategy of Gamification. White label gaming platform. Sports betting system software. How much would it cost to develop a Fantasy Sports website or app like FanDuel? If there is one industry that has experienced unstoppable progress even as the world around it reels from the ongoing Coronavirus crisis, then it is undoubtedly the fantasy sports industry.
The fantasy sports software development sector is a multi-billion dollar industry today, much to the surprise of its critics and supporters alike. The unparalleled success at display here has encouraged many businesses and ambitious individuals to jump into these lucrative waters in hopes of generating high revenues. Over the years, we’ve seen many fantasy sports platforms like Draft Kings, Paytm First, and FanDuel become household names across the globe, making a fortune for the people involved in their development.
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Considering how popular fantasy football was and the unbridled fan-fare football enjoyed in the country, it was only about time until fantasy sports made its stunning debut in the still untested but wildly potential UK market. To understand why the UK market is so important to the growth of the fantasy sports sector, we must take a trip down memory lane and understand the brief but informative history of fantasy sports in the UK.
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The most unambiguous answer would be the thrill and excitement to bet on and make money. This thrill draws millions of people across the globe to take chances and bet against the odds. Fantasy cricket app development company. Sports betting website development. White Label Fantasy Sports Software – A Complete Guide for Startups and Entrepreneurs Across the Globe. It is an undeniable fact that the Fantasy Sports market is booming, even though the ongoing pandemic has severely hit the profit margins of many other businesses around the world.
With popular sporting events being unceremoniously canceled and stadiums shutting down, sports fans resorted to OFSP platforms like Dream11 and FanDuel to satisfy their thirst for some quality sports entertainment. Needless to say, the OFSP sector has propelled into unparalleled success, the likes of which we haven’t seen before. What was Rs. ~920 crore (US$ 131.64 million) industry in FY19 is estimated to balloon by US$ 3.7 billion by 2024—~3X YoY increase, according to a recent report ‘Business of Fantasy Sports’ published by the Federation of Indian Fantasy Sports (FIFS) and KPMG. In the last decade, the number of fantasy sports operators has increased by 700%, while the number of fantasy sports consumers has increased by 2,500%. Fantasy sports app development. Sports betting platform providers.
A Comprehensive Guide – How to Start a Fantasy Sports Business in the USA? The fantasy sports industry is growing by leaps and bounds despite a raging pandemic ostensibly bringing the world to a screeching halt.
The global fantasy sports market hosts more than 80 million users as of 2020, a number which is rapidly growing at the rate of 30-50%. In the North American region alone, the industry has seen a player base that has ballooned to over 60 million users. Real cricket to fantasy cricket: Here's how big is the fantasy sports gaming market in India. The buzz of the two leagues has surrounded the Indian sports industry. One is the Indian Premier League(IPL), and another is fantasy sports, played on the mobile screens of 9 crore users. Dream 11 being India’s leading fantasy sports platform, bagged the title sponsorship of IPL 2020. This shows how big fantasy sports have become in India - so big that Dream11 managed to outbid biggies like TATA and Byju's. White label gaming platform. Sports betting app developers. Gamification to stock fantasy - A new and eccentric idea for financial services to engage and educate customers.
Helping Financial Service Firms Grow and Better Interact with Customers via Online Gaming or Gamification Financial Services Firms have found themselves amidst an interesting dilemma. The industry has so far managed to thrive economically due to high switching costs, regulatory hurdles that constrained customers, and customer inertia. Online betting software providers. Sports fan engagement platform. Choose Your DFS Operator Wisely. Who could’ve thought that something as benign as virtual fantasy gaming pertaining to real-world sports would take the world by storm.
Yet, here we are living under the vast shadow cast upon us by the ever-expanding universe of fantasy sports. With the kind of money this industry has been churning out lately, it should come as no surprise either that many opportunistic individuals and businesses want a piece of this lucrative pie. However, launching a daily fantasy sports site or app and managing it is easier said than done.
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As per the Indian Federation of Sports Gaming (IFSG) and KPMG’s report titled ‘The Evolving Landscape of Sports Gaming in India’ says that the Indian user base will cross 100 million by 2021 and the industry will become worth $1 Billion. Sports betting app developers. White label betting platform. Sports fan engagement platform. Fantasy cricket app development company. The Unstoppable Growth of Betting Advice Platforms. The rise of the online sports betting sector has taken the digital gaming world by storm. Despite being shrouded in legal and several jurisdictional issues, there is no denying that the sports betting industry remains extremely lucrative. Not even a life-threatening pandemic, which became a source of great misery for many businesses, could stop this sector from booming rapidly. As per research published by Statista, the market size of sports betting worldwide is worth 218.49 billion USD as of 2020.
The same report also states that there are at least a total of 30, 861 businesses today that engage in sports betting services. As for the online sports betting sector, what once stood at an impressive 45.8 billion USD in the year 2017 is estimated to hit 92.9 billion USD in global market share by 2023. Sports betting app developers. White label betting platform.
A Comprehensive Guide: Reality TV audience engagement with fantasy sports. Betting app developers. Sports betting platform providers. Free to Play games and their role in enhancing Fan Engagement. Fantasy cricket app developers. White label gaming platform. Fantasy cricket app development company. What makes a Citizen Engagement Platform a must for Smart Cities. Igaming software provider.