Daily Fantasy Sports (DFS) are games in which participants become sports managers, whom creates a suitable team and enter into a one-day tournament to compete against teams of other participants.
This mode is DIFFERENT FROM SPORTS BETS
It arrived in Europe for the first time a few years after it started in the United States. In the years after its introduction to the other side of the globe, some of the states that legalized the DFS began to change their regulations on these contests, partially restricting or, in some cases, prohibiting DFS operators from executing their services.
Faced with these changing circumstances, it was at this time that Europe's largely untapped markets became more attractive to DFS operators that were previously centered in the United States. With the new DFS players entering the European market at the end of 2016, it was clear that many operators were determined to make the European DFS market as strong as its parent across the Atlantic.
In Europe, there is a great demand for DFS, especially for fantasy football competitions, since 30% of football fans in the world live in Europe. The best example of this is in the United Kingdom:
There are more than five million fantasy season fans on different platforms at any time.
DFS offers European fans something unique and different from instant betting games that can win prizes daily, and not seasonally.
With the approval of the Law of illegal application of Internet gambling (UIGEA) of 2006, EE. UU It passed a law that allows individuals to play sports contests for money, classifying them as a game of skill and exempting them from coverage under the act. READ SO: SPORTS BETTING IN UNITED STATES: SUPREME COURT MADE THE DECISION THAT CAN CHANGE FUTURE
UIGEA "prohibits gaming companies from knowingly accepting payments related to the participation of another person in a bet or bet that involves the use of the Internet and that is illegal, be it federal or state."
This allows players to participate in fantasy football games to win real money as prizes, legally. However, in spite of everything, they are only legal in 19 states, including: Arkansas, Colorado, Connecticut, Delaware, Indiana, Kansas, Maine, Maryland, Massachusetts, Mississippi, Missouri, New Hampshire, New Jersey, New York, Pennsylvania, Vermont, Virginia and Tennessee, and more recent Ohio.
Some DFS operators do everything possible to strengthen their presence in the real market and expand the territory where public authorities allow it.
However, some operators also choose to adopt a B2B approach to implement DFS contests, operating the game with the help of a business partner, who may or may not have obtained a license to operate in the respective state.
Different countries in the world legally choose to define adventure sports in very different ways. Some accept it as a game of skill and others accept it as a game of chance, allowing it to fall within the definition of the practice of the game
Countries, including the United Kingdom, are characterized by sports games to make games as a form of play, where operators participating in competitions must have a license from the Games Commission before they can continue. However, countries like Malta have chosen to define the DFS as a game of skill and have exempted it from licensing requirements.
By expanding the existing business of DFS to new territories in Europe, legal restrictions present a significant impediment, preventing them from reaching countries where there are a significant number of potential players. There are even countries within Europe and Africa where DFS is not allowed at all, as it is a game of skill or game.
In South America, there are a lot of interested countries that can buy online gambling and get proven economic benefits. However, most of these countries have obsolete gambling games that are prohibitive and for DFS users who wish to enter the market.
It is a tool that allows online operators to enter their markets, but it is a long and complicated process.
A challenge, without a doubt
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