Latitude 360, Inc. (LATX) Broad-Spectrum Entertainment & Full Service Dining Venue Model Greatly Enhanced By Addition of Fantasy Sports Book
According to the latest data from TechNavio and the Fantasy Sports Trade Association, the growing popularity of the fantasy sports market will remain strong for the foreseeable future. With a 36.9 percent year-over-year growth in the player base to around 56.8 million as of 2015, buoyed by a projected CAGR of roughly 10.32 percent through 2019, fantasy sports are quickly becoming a major attraction in their own right. The demographics of the core market are also choice, with 66 percent of players being men, the average player age being 37, 57 percent of players possessing a college degree or higher,…