Indian Fantasy Sports Industry; a force to be reckoned with

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As per granted by Indian Law, Fantasy Sports apps are permitted all over India with exception of the states of Assam, Sikkim, Nagaland, Andhra Pradesh, Odisha, Tamil Nadu and Telangana. Adhering to established norms, these online fantasy platforms are required to restrict minors from engaging on their platforms and partaking in the activities. The Indian Fantasy Sports are regulated by a self-regulatory body, “The Federation of Indian Fantasy Sports” (FIFS) to protect consumer interest. Fantasy Sports are advertised as different to traditional betting and gambling mediums that are still prohibited, and a punishable offense. These platforms are considered as games that require and test the players’ planning, calculative analysis, prediction, and judgment making skills. While also requiring the consumers to maintain an ample knowledge in the sports and athletes concerned. 

Fantasy sports game platforms have originally been in existence for the last two decades, but it was only in the recent pandemic that their popularity has witnessed a sharp incline. The most famous of the lot being Dream 11, MPL, and  My 11 Circle, while other platforms like Fancode and BalleBaazi  have also garnered a significant consumer base overtime.

A basic survey is enough to point out that the sport most popular, and the one with the most engagement generation is undoubtedly cricket. This is also the major reason for the rapid surge in  popularity witnessed by these platforms, the sheer passion amongst the Indian masses for the game of cricket is unimaginable to say the least. The other sports with the largest garnered fan base after cricket in India is that of Fantasy Football and Fantasy Kabbadi.

Technological advancement over the years is another factor that can be attributed to the development of these fantasy sports platforms by the invention of 4G enabled smartphones that provided easier access and more developed applications that delivered a  seamless experience.

With the presently massive craze amongst the Indian audience for these platforms and their popularity being far from dwindling, India is estimated to have over 650 Million gamers by 2025; a number predicted   to rise ever after.

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