Armenian Gaming Forum Will Discuss Benefits of Fantasy Sports Trend
The Armenian Gaming Forum will take place on November 19 in Yerevan and will discuss the benefits of Fantasy Sports as the most profitable direction in gaming, as Fantasy Sports are an extremely fashionable and profitable trend in online gaming.
Being free of the legislative regulation, this market is estimated to produce billions of dollars; moreover, it opens up new prospects for business in the CIS. Opportunities provided by the fantasy sports market will be one fo the prime topics for discussion during the Forum.
Daily Fantasy Sports (DFS) involve a competition of virtual teams. For example, an online player has a sports team, such as football, etc. Every player has a real prototype and gets points for useful actions performed in a real game: goal, scoring pass, etc. Thus, the virtual team's scores are added together and its manager competes with other participants.
Today fantasy sports are booming. It can be compared only with the development of online poker in the early 2000s. Those who are not yet aware of this trend will be surprised to know the fantasy sports global market is estimated to be worth $4 billion (as of 2014).
The major advantage of this direction lies in the fact that it exists only online and is not subject to as many legislative restrictions. It is a young industry with enormous potential, and has managed to avoid much of the gambling stigma.
Moreover, in contrast to North American countries where DFS have already revealed their potential, this business is only starting to develop in the CIS and recently opened to investments.
The special guests of Armenian Gaming Forum will reveal more information about the prospects offered by the fantasy sports market in Eastern Europe. The program involves the presentation of a new product by one of the DFS market participants.
The event organizer Smile-Expo has invited representatives of the legislative branch to participate in a dialogue as they influence the regulation of gaming in the country. Any participant of the forum will be able to ask about their position concerning the fantasy sports and online gambling in general.
In addition, the conference program includes reports by speakers from Europe and the CIS, the demo area with the novelties from manufacturers of equipment and software, as well as business tour to the casinos in Armenia.
Learn more http://armeniangamingforum.am/en about the event and we are waiting for you on November 19 in Yerevan!
Smile-Expo is one of the leaders and innovators in the area of conference services. The company has extensive experience in gaming conventions in various countries and actively protects the interests of gambling business in the dialogue with the authorities.