Cost To Build a Fantasy Sports App like DraftKings

There is a massive fanbase for the trending gaming concept in the world: fantasy sports apps. In the gaming industry, different popular fantasy sports apps such as DraftKings and Fanduel have continued to gain credits. As the popularity of these fantasy sports apps is on a roll, it has given a huge opportunity for businesses and entrepreneurs to create app. But creating a fantasy sports app requires a deep analysis, strategizing, and above all, the cost to build app like DraftKings.

Are you a business, looking to develop a app? Isn’t it amazing, easy to install and play? Well!! Can a business or a startup develop a fantasy sports app? Yes!! Why Not? It’s great news, right? But the question arises here: What is the cost to build an app like DraftKings? Let us delve in-depth into the fantasy sports app development cost.

All About DraftKings Sports Fantasy App

DraftKings is a popular fantasy sports app that creates a virtual league for sports enthusiasts where they can create their fantasy team. This fantasy sports app has gained tremendous popularity offering different options to different sports to millions of users connected globally. Its prize pools and variety of contests have gained the attraction of users and hence have been a top choice for the fantasy sports app.

Cost to Build Fantasy Sports App like DraftKings

When a business moves with the development of DraftKings clone app, it is important to know the cost for developing the sports app similar like DraftKings. When a business plans to ever develop a fantasy app, it has to ensure that its app is user-friendly and supports the Android and iOS platforms. For a business to get a successful app it is profitable to hire a fantasy sports app development company. Let’s dig into the cost of developing fantasy sports apps.

The cost to build DraftKings clone depends on the region you choose. The overall cost is $20,000 – $25,000. This cost is applicable to integrate one sport into a fantasy sports platform. Integrating additional sports to the fantasy platform can cost around $7000 – $9000 based on the features and functionality of the sports added.

To develop a basic level fantasy sports app can cost around $40,000 – $60,000, for a more enhanced fantasy sports app it costs around $60,000 – $120,000. The cost to build  app with advanced features like integrating AI, blockchain, and AR/VR can cost around $120,000 – $250,000+

Some Key Points that Affects the Cost of Fantasy Sports App Development like DraftKings

When diving with app development several factors are responsible for the development cost. Some of them are been listed below –

1. App Features & Its Complexity

It is feasible to develop a basic fantasy sports app at the initial stage. This is because advanced features like AI, blockchain security, AR/VR integration can lead to an increase in the cost. Once developed with the basic app, advanced features can be integrated later as per demand and the gaming trends.

2. App Platform for Development

Once done with the fantasy sports app development it required extensive testing that may lead to an increase in the cost. Developing with the iOS platform generally costs less but it may reach a smaller audience. A better alternative is to get it compatible with cross platform development using flutter and React Native.

3. Designing & Animation

To enhance the user engagement the fantasy sports app must have well designed UI/UX. Additionally, integrating custom animation with interactive elements can increase the overall cost of development.

Also Read : In-Depth Guide to Build Fantasy Sports App Like FanDuel

4. Third Party Integration

As fantasy sports include real time data & secured transactions, it needs third party integration. Some of the third party integration includes live sports data, payment gateways, social media integration etc. These can costs up to $20,000 of the total cost based on the requirement.

5. Testing

Once developed with app, it requires rigorous testing. This makes the application bug free where users can play smoothly. This is also one of the cost factors responsible for fantasy sports app development like DraftKings.

Market Overview of DraftKings

There is a tremendous increase in demand for fantasy sports app. Let us understand the market overview of DraftKings, that also shows why businesses must invest in the fantasy sports app development. It has been seen that in the year 2024, the market size has reached up to $1 million. And as compared to the report of 2023 there is 40% increase in the revenue $300 million.

There are different factors responsible to drive this revenue growth There is an increase in customer engagement with its high definition graphics, UI/UX design that also contributes to the revenue growth. The company is successful in acquiring new users to the game with its different strategies it is driving growth in users as well as revenue.