February 13, 2009 at 14:30 PM EST
Recession But a Dream for Fantasy Sports
Fantasy sports -- which started out as a group of armchair Monday-morning quarterbacks -- has become a booming online industry that defies prevailing economic trends. Though these rotisserie leagues started out following practical sports like football baseball and hockey (played in the bars and restaurants from which the early groups got their name) It's since spread to NASCAR and golf. Last summer 29.9 million people aged 12 and above actively played fantasy sports in Canada and the United States according to the Fantasy Sports Trade Association. While $800 million was directly spent on fantasy-sports products the total market was ...
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