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  • Intelimax Media, Inc. (IXMD) Sees Unlimited Market In Fantasy Sports 0 comments
    Oct 29, 2013 5:55 PM | about stocks: IXMDF

    In the U.S., it's easy to think of sports strictly from an American viewpoint, forgetting that there's an entire world out there just as passionate about soccer and other world sports as the average American is about football, basketball, or baseball. Spectator sports in the U.S. represent an industry totaling tens of billions of dollars annually, and still growing. But globally it's well over $100 billion.

    The scale of such figures has fueled one of the fastest growing auxiliary industries, fantasy sports, already a multi-billion dollar industry in its own rite. In fantasy sports, people build their own fantasy sports teams using continually changing player statistics to compete with other fantasy teams. Originally confined to sports and number fanatics in the U.S., the once niche pastime has now been driven to global proportions, thanks to computer processing and advanced communication technology. Although still predominantly American, fantasy sports competition has established a major presence in Canada and the UK, and is now gaining attention in countries around the world. The technologies can be applied to virtually any competitive sport, and the Internet reaches all corners of the globe.

    This is all good news for Intelimax Media, Canadian-based developers of DraftTeam.com, a proprietary fantasy sports platform. The company's unique system allows players to compete on a daily or weekly basis, versus limiting them to full season participation. It makes it more attractive to new players who may want to give fantasy sports a meaningful try without locking themselves in. In addition, the platform is designed to generate multiple revenue streams.

    At this point Intelimax sees no limit to their potential market, and the company's plans for international expansion are already underway.

    For more information, visit Intelimax.com

    QualityStocks provides investor relations services to publicly traded companies in exchange for compensation. This article may be part of our efforts to widen a client's exposure. To read our full disclaimer, visit http://disclaimer.qualitystocks.net

    Stocks: IXMDF
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