What's Happening?
Boom Fantasy is offering a promo code CBSSPORTS for up to $100 back in site credits if a user's first pick loses. The promotion is available for the Packers vs. Eagles game on Monday Night Football, as well
as ongoing NBA, NHL, and college basketball games. Users can claim the bonus by downloading the Boom Fantasy app, creating an account, and making an initial deposit of at least $10. The site credits can be used to play different games but cannot be withdrawn as cash.
Why It's Important?
Promotions like Boom Fantasy's offer are significant in attracting new users to daily fantasy sports platforms. They provide an incentive for users to engage with the platform and explore various game types. The growth of daily fantasy sports reflects the increasing interest in sports-related gaming and betting, contributing to the industry's expansion. Such promotions also highlight the competitive nature of the market, with companies vying for user engagement and retention.
What's Next?
As the sports season progresses, more promotions and offers are likely to be introduced by fantasy sports platforms to maintain user interest and engagement. The industry will continue to innovate, offering new game types and features to attract a diverse user base. Regulatory developments may also impact the availability and structure of such promotions.
Beyond the Headlines
The ethical considerations of promoting gambling-like activities through fantasy sports are ongoing discussions. The industry faces scrutiny regarding responsible gaming practices and the potential social impact of increased gambling behavior.
