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FANTASY SPORTS REGULATION
Online gaming companies seek a clear regulatory playfieldIndia's online gaming sector is approaching the Ministry of Electronics and Information Technology for guidance on new gaming rules. Compan...- Online Gaming Bill: Cricket industry's revenue could be hit due to proposed ban on real money gamingThe 'Promotion and Regulation of Online Gaming Bill 2025' threatens real money gaming platforms, potentially impacting sports sponsorships,...
- NFL acquires 10% stake in ESPN as part of landmark media dealIn a significant media deal, the NFL has sold its NFL Network and Sunday RedZone to ESPN in exchange for a 10% ownership stake in the Disne...
- Fantasy gaming to grow at 30% CAGR till 2027, regulatory clarity on GST to help: ReportWith over 300 fantasy sports platforms (FSPs) and 18 crore users, India is the fastest-growing fantasy sports market in the world. Further,...
- If fantasy games are OK, why not online betting?Gaming companies defended the sector, which claims to have over 30 crore users in India and aspires to become a $20-billion revenue industr...
- Online gaming sector hails govt move to make IT ministry as nodal agency for regulationsThe Federation of Indian Fantasy Sports hailed the Union government's move to appoint the Ministry of Electronics and Information Technolog...
- The gaping holes in India's Online Gaming (Regulation) BillGrouping skill-based gaming like online fantasy sports (OFS) with games that involve pure luck - something the Online Gaming (Regulation) B...
- Government forms inter-ministerial panel to regulate online gamingThe seven-member panel includes government think-tank Niti Aayog's CEO as well as secretaries of home affairs, revenue, industries and inte...
- How a 150-year-old law is hurting online fantasy sportsA seamless operation of online fantasy sports platform requires uniform law across India. Gambling or betting is a state subject that allow...
- Time to give fantasy sports industry an opportunity to conquer the worldMultiple state governments decided that all online contests involving money deserved a ban.
- Recognising fantasy sports as India’s unique soft power opportunityThen, inevitably, the legality of fantasy sports was challenged before the Punjab & Haryana High Court. The court evaluated one specific fo...
- Online gaming industry seeks self-regulatory body for governing sector"The online skill gaming industry has tremendous potential to provide a healthy, responsible form of entertainment. Given the significant o...
- Important to distinguish between fantasy sports and online games, say industry bodiesOn Friday, Rameesh Kailasam, CEO, IndiaTech, Shwetasree Majumdar, Fidus Law Chambers and Bimal Julka, Chairman, FIFS for together on webina...
- Real-money gaming companies face an increasing hostile regulatory landscapeTamil Nadu was the third south Indian state to ban these games, after Telangana and Andhra Pradesh, and Karnataka is considering a similar ...
- Niti Aayog's draft guidelines set to boost online fantasy sports industry, says FIFSIn a draft report titled 'Guiding Principles for the Uniform National-Level Regulation of Online Fantasy Sports Platforms in India', Niti A...
- NITI Aayog proposes a self-regulatory body as part of national-level online fantasy sports rulesFantasy sports platforms operate through online media on a pan-India basis but they are governed under varied state-wise regulatory regimes
- Federation of Indian Fantasy Sports names Bimal Julka as chairmanBimal Julka will take over from John Loffhagen, who served as the chairman of FIFS for over three years. Loffhagen will assume the role of ...
- Fantasy sports firms expect strong comeback as live sports resumes in empty stadiumsSince the Covid-19 outbreak, most of the live sports had come to a halt, resulting in massive drop in fantasy gaming too. However, the fant...
- 'Greenlight from the court kept our Dream11 alive'This series captures the defining moment of a prominent personality in India’s startup ecosystem. Today we bring you insights from Dream11’...
- How fantasy sports is becoming a multi-billion dollar business globallyTill 2016, there were only a handful of companies operating fantasy leagues in India with the most dominant player, Dream 11 holding almost...
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