This infographic informs about licensing and registration of a fantasy sports business in European countries along with tax rates and fee.
Europe is a new market for fantasy sports, even though it happens to be the largest for the game of football. This is an evolving market that’s seeing a tremendous growth in the past few years. Fantasy sports giants FanDuel and DraftKings have expanded quite aggressively in Europe tapping its deep potential. This is good news for entrepreneurs considering building fantasy sports business in the European sub-continent. Fantasy sports are completely legal in several European countries while regulations have only brought about more seriousness among operators.
But how many countries have clear laws, registration or licensing for fantasy sports? How much does it cost to get a license or registration? These are questions any entrepreneur would have before launching a fantasy sports application in Europe. So we decided to curate a list of 43 European countries, outlining which countries have fantasy sports laws, which don’t allow this business, what are the tax rates and how much legal fee is required in these states for registration or licensing. It also enlists the minimum age requirement for users to be able to play fantasy sports legally in Europe.
This is all you need to know if you are planning a fantasy sports business in Europe.
Vinfotech creates world’s best fantasy sports-based entertainment, marketing and rewards platforms for fantasy sports startups, sports leagues, casinos and media companies. We promise initial set of real engaged users to put turbo in your fantasy platform growth. Our award winning software vFantasy™ allows us to build stellar rewards platform faster and better. Our customers include Zee Digital, Picklive and Arabian Gulf League.
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