MINNEAPOLIS, MN / ACCESSWIRE / October 10, 2023 / SharpLink Gaming Ltd. (Nasdaq:SBET), a pioneer of targeted, data-driven fan activation and conversion solutions for the U.S. sports betting and iGaming
industries, today announced that the Company's LeagueSafe fantasy sports league management platform, acquired as part of the merger with SportsHub Games Network in December 2022, reported that it has collected more than $31.5 million in total entry fees from over 56,000 private fantasy football leagues for the 2023/2024 NFL season - up 22% when compared to the 2022/2023 NFL season.
"According to a 2023 survey conducted by the Fantasy Sports & Gaming Association, there were 62.5 million people playing fantasy sports in the U.S. and Canada in 2022 - up from 59.3 million in 2021.
LeagueSafe has been simplifying fantasy league management for private fantasy league commissioners since 2008. Using LeagueSafe's secure online and mobile applications, league commissioners can collect and protect league entry fees, store league funds safely and securely throughout the season, send automated payment reminders to unpaid owners, disburse end-of-season prize winnings and fill empty spots in their leagues all in one place.
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