Do you know what Fantasy Sport is?

The Brazilian Association of Fantasy Sports (ABFS) has released a new video explaining the dynamics surrounding the world of Fantasy Games.

The production explains in a didactic way what this modality is, which today generates around US$ 12 million in revenue in Brazil, making the country its largest consumer market in Latin America and the third largest market in the world.

Fantasy Sport is an electronic sport in which the competitor becomes the virtual coach of their virtual team. To emerge victorious, the competitor must define a scoring strategy, analyze the probabilities involved in the sporting event, evaluate statistical data and performance history, and be able to consider all the elements involved in the event. In other words, the competitor needs to demonstrate their skill and knowledge to become the winner.

The video showcases the global financial transactions of Fantasy Sports, with projected growth of 120% in the coming years. The impact on the Brazilian economy is significant, fostering technology and development, contributing to tax revenue, and creating approximately 5 new direct and indirect jobs in the coming years.

This material is part of a series of videos from ABFS. The first video explained Bill 2796/2021, which creates the Legal Framework for Electronic Games and Fantasy Games, showing the full growth potential of the market as a result of regulation and the benefits for the sectors. Watch the second video in the series 'What is Fantasy Sport?'

Learn more about the first video in the series: Discover the Benefits of the Legal Framework for Fantasy Games and Electronic Games | ABFS.