Online Fantasy Sports: Eagerly Waiting to Come Out of the Grey Zone
3 years, 7 months ago

Online Fantasy Sports: Eagerly Waiting to Come Out of the Grey Zone

News 18  

The online gaming world today is innovating faster than expected and evolving into a large number of variants which is great news for gaming enthusiasts. Today, the online gaming world has multiple forms ranging from Online Fantasy Sports, e-Sports, Online Skill-based Casual Games & Sports that include but not limited to online versions of Carrom, Chess, Billiards, Ludo, Scrabble, Sudoku to even multiple types of quiz. The format of Online Fantasy Sports ensures that sports enthusiasts follow the matches more keenly and this directly results in increased focus and attention towards sports. All of this and much more makes fantasy sports distinct from all other forms of online games and is consumed as a sports engagement platform by avid sports fans. The sector has been battling various perception challenges with State Governments some of whom have a blanket ban on any form of online gaming including fantasy sports.

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History of this topic

Why MeitY Should Play It Right When Selecting India's Gaming Rules
1 year, 11 months ago

Why MeitY Should Play It Right When Selecting India's Gaming Rules

ABP News  

A November 2022 report by Boston Consulting Group came up with some startling facts and figures on India’s gaming industry. The rules also provide for KYC procedures almost equating the gaming industry with the banking sector, observance of due diligence, establishment of grievance redressal mechanism, prominent publishing of rules and regulations, privacy policy, user agreements, and so on. The rules …

How betting apps and fantasy leagues appropriated and bastardised the term “online gaming”
2 years, 1 month ago

How betting apps and fantasy leagues appropriated and bastardised the term “online gaming”

Firstpost  

Online games used to refer to online video games that people played for entertainment, fun, socialising and to build a community. However, in recent years, the term has been appropriated by the online betting and fantasy sports industries in such a way that most people who are not gamers, just sneer when they hear the words “online gaming.” As a …

65% of Indians dub fantasy sports as online gambling: Survey
2 years, 1 month ago

65% of Indians dub fantasy sports as online gambling: Survey

India Today  

Should online games such as rummy, poker and online fantasy games be tagged as gambling or a game of skill? Around 74% out of 12,602 people believed that the loss limit per game for online and fantasy gaming should be Rs 50-1,000, indicated a recent survey conducted by LocalCircles, a community social media platform. Around 9,507 respondents were asked: Should …

Fantasy gaming: Fast-growing industry opening new opportunities for sports fans
2 years, 2 months ago

Fantasy gaming: Fast-growing industry opening new opportunities for sports fans

Firstpost  

From being just a pastime for a few hobbyists just a decade ago to a multi-billion-dollar industry today, fantasy gaming has truly tapped the potential of the sports-obsessed Indian fans, reaching every nook and corner of the country Fantasy gaming is the new buzzword in India’s fast-evolving sports industry and its growth has been nothing short of meteoric. From being …

New York’s top court rules in favor of fantasy sports bets
2 years, 9 months ago

New York’s top court rules in favor of fantasy sports bets

Associated Press  

ALBANY, N.Y. — New York’s highest court ruled Tuesday that fantasy sports contests like those run by FanDuel and DraftKings are allowed under the state constitution, turning back a challenge to the popular games. The state Court of Appeals reversed an appeals court’s decision last year that found interactive fantasy sports violated the state constitution’s ban on gambling. “New York …

India Can Become the Global Hub of Fantasy Sports
2 years, 10 months ago

India Can Become the Global Hub of Fantasy Sports

The Quint  

Recently, the Karnataka High Court struck down certain provisions of the Karnataka Police Act, 2021 that extended its scope to prohibit even games of skill when played for money or otherwise as unconstitutional and arbitrary. With IPL 2022 just around the corner, the Hon'ble Karnataka High Court's decision spells good news for skill based digital sports engagement platforms like Fantasy …

eSports awaits governing framework to unleash full potential
3 years, 8 months ago

eSports awaits governing framework to unleash full potential

The Hindu  

The electronic sports segment needs a governing framework for harnessing its full potential, say industry officials. Self-regulation “e-Sports is going to evolve in a multifold fashion,” said Bimal Julka, chairman, Federation of Indian Fantasy Sports. “The biggest challenge is how to regulate different federations because their memorandum deeds must be different and it will take time to streamline and bring …

A positive step forward in the regulation of fantasy sports
3 years, 11 months ago

A positive step forward in the regulation of fantasy sports

Live Mint  

The draft ‘Guiding Principles for the Uniform National-Level Regulation of Online Fantasy Sports Platforms in India’ proposed by Niti Aayog have fuelled much discussion around the regulation of online fantasy sports. Similar to their physical counterparts, the operators of online fantasy sports have been early movers in ushering in responsible and effective self-regulation. Niti Aayog’s guiding principles come at a …

Sports Minister Kiren Rijiju says online fantasy sports are 'revolutionising' consumption of sports
4 years ago

Sports Minister Kiren Rijiju says online fantasy sports are 'revolutionising' consumption of sports

Firstpost  

Sports Minister Kiren Rijiju said online fantasy sports platforms are “revolutionising” the consumption of sports in the country. Speaking at the 10th Global Sports Summit: FICCI ‘TURF’ 2020, he said: “I see how fantasy sports is fuelling sports consumption. Online fantasy sports is instrumental in revolutionising the manner in which sports enthusiasts engage with their respective favourite sports.” Harsh Jain, …

60% of Fantasy Sports Users Claim to Follow More Sports Now
4 years, 2 months ago

60% of Fantasy Sports Users Claim to Follow More Sports Now

News 18  

The Federation of Indian Fantasy Sports, India’s first and only self-regulatory industry body for the fantasy sports industry released a study on ‘Understanding the sports consumption behaviour among fantasy sports users’. 60% of fantasy sports users claim to now watch/follow sports more than before because of fantasy sports 2. TV remains the primary source for watching/ following various sports with …

With growth of online fantasy sports market in India, challenges emerge to ensure it remains 'game of skill'
4 years, 5 months ago

With growth of online fantasy sports market in India, challenges emerge to ensure it remains 'game of skill'

Firstpost  

With growth of fantasy sports industry in India, the challenges have also grown for its self-regulatory body FIFS. With the Indian fantasy sports industry growing rapidly, it faces many key challenges – self-regulation and maintaining standard practices among its members. Federation of Indian Fantasy Sports, self-regulatory body formed in 2017, to protect consumer interest and create standardised best practices in …

Fantasy leagues search far and wide for some sport, any sport
4 years, 9 months ago

Fantasy leagues search far and wide for some sport, any sport

Hindustan Times  

Mumbai: HT Image Last year, at around this time, roughly 60 million people in India were hard at work on fantasy gaming platforms, analyzing team strategies, player performances, and playing conditions to come up with their “dream” XI for the IPL. “IPL is a major event for fantasy gaming platforms in India. We have a user base of over 4 …

My11Circle: New player in the growing world of fantasy sports
4 years, 10 months ago

My11Circle: New player in the growing world of fantasy sports

Op India  

People love playing on their smartphones and handheld devices when they travel. One understands this from the fact that the number of fantasy sports operators as well as fantasy app users on the mobile platform has grown rapidly and steadily. In the 18 years of its existence since being introduced by ESPN in 2001, the user base of all fantasy …

Opinion | How technology has evolved in the e-sports industry
5 years, 5 months ago

Opinion | How technology has evolved in the e-sports industry

Live Mint  

Like all new mediums of entertainment, video games too have been viewed with suspicion by the mainstream media and the older generations. Fortunately, the great thing about video games being a core technology driven medium is that e-sports has always been a data-rich affair. The technological evolution of e-sports isn’t solely restricted to video games and the growing community either. …

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