Part 3/14:
Initially, fantasy sports were modest seasonal games that involved friends drafting teams, tweaking lineups, and competing for small prizes. However, as technology advanced and entrepreneurial minds spotted profit potential, this nascent industry rapidly evolved. By 2009, companies like FanDuel launched with innovative formats: moving from season-long fantasy leagues to day-by-day, real-time contests. These new “skill-based” competitions, which allowed fans to compete head-to-head or in groups, became both more dynamic and more profitable.