Entrepreneurs cash in on fantasy sports leagues

There’s big money in fantasy sports, reports NPR News. That’s because people put real money on the line to take part in fantasy leagues—last year alone, the news outlet says participants shelled out more than $1 billion. Read: Which baseball team ranks highest? As a result, small businesses are springing up and boosting the fantasy-sports […]

By Staff | September 24, 2013 | Last updated on September 24, 2013

1 min read

There’s big money in fantasy sports, reports NPR News.

That’s because people put real money on the line to take part in fantasy leagues—last year alone, the news outlet says participants shelled out more than $1 billion.

Read: Which baseball team ranks highest?

As a result, small businesses are springing up and boosting the fantasy-sports economy. For example, one company helps leagues manage member fees and payouts, while another offers people insurance that ensures they get a refund on their fees if they pull out of a season. Read more.

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