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St. John Fisher University Fisher Digital Publications Sport Management Undergraduate Sport Management DepartmentSpring 2014How Fantasy Sport Participation Affects Fan Loyalty Michael Flanagan St.
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Fantasy sport participation involves creating a virtual team of real-life sports players and competing against other fantasy teams based on the statistical performance of the chosen players.
Individuals who participate in fantasy sports leagues and earn a certain amount of income from their participation are required to file their fantasy sport participation.
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The purpose of reporting fantasy sport participation is to ensure that all income earned from fantasy sports is accurately reported and taxed by the government.
Individuals must report the total income earned from fantasy sports, any losses incurred, and any related expenses on their tax returns.
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