Business
SharpLink Gaming Launches New LeagueSafe Mobile App Ahead of Kickoff of 2023/2024 NFL Season
LeagueSafe Reports Overall Number of Entry Fees from Fantasy Football Leagues Are Up Over 30% Compared to 2022/2023 SeasonMINNEAPOLIS, MN / ACCESSWIRE /
About this update from Sharplink, Inc.
[{"type":"text","content":"LeagueSafe Reports Overall Number of Entry Fees from Fantasy Football Leagues Are Up Over 30% Compared to 2022/2023 SeasonMINNEAPOLIS, MN / ACCESSWIRE / September 5, 2023 / SharpLink Gaming Ltd. (NASDAQ:SBET), a pioneer of targeted, data-driven fan activation and conversion solutions for the U.S. sports betting and iGaming industries, today announced the successful launch of LeagueSafe's new, highly rated mobile app, with over 16,000 downloads by fantasy sports players since the app's debut in Google Play and the Apple App Store in early August.Prior to the launch of the new mobile app, more than 600,000 users have subscribed to LeagueSafe's services via its website, found at www.leaguesafe.com, which has processed more than three million transactions since its inception in 2008. As kickoff of the 2023/2024 NFL regular season fast approaches, LeagueSafe has already collected over $22 million in entry fees from fantasy football leagues across the nation, which is up over 30% compared to approximately $18 million in payments collected in 2022.Acquired by SharpLink in connection with its merger with SportsHub Games Network in December 2022, LeagueSafe was created with the goal of simplifying and automating the last remaining hassle in private fantasy sports league administration: finance management. Since its founding, LeagueSafe has become the most trusted source for collecting and protecting season-long fantasy league dues and payouts of winnings via proven, secure online and mobile platforms.LeagueSafe's primary goal is to simplify fantasy league management for private fantasy league commissioners. In addition to empowering fantasy leagues to quickly and easily collect entry fee payments online and safeguard league fees throughout the season, LeagueSafe offers transparency of league finances to fantasy team owners, gives owners the opportunity to validate their commissioners' intended payouts, and sends payment reminders to unpaid owners as the season approaches, alleviating many of the headaches league commissioners face as they organize their leagues. League commissioners can allocate payouts within hours of the end of the season, and league members can receive their winnings immediately using one of several payout delivery options. No credit card or bank account information is stored on the site or the new mobile app, and eac...