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,...
18 Apr, 2023, 08.41 PM IST
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...
11 Apr, 2023, 03.20 PM IST
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...
05 Mar, 2023, 02.18 PM IST
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...
28 May, 2022, 05.35 PM IST
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...
26 May, 2022, 10.48 PM IST
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...
10 Apr, 2021, 11.30 AM IST
Time to give fantasy sports industry an opportunity to conquer the worldMultiple state governments decided that all online contests involving money deserved a ban.
25 Jan, 2021, 10.16 AM IST
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...
25 Jan, 2021, 12.53 AM IST
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...
18 Jan, 2021, 03.21 PM IST
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...
11 Dec, 2020, 08.23 PM IST
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 ...
09 Dec, 2020, 11.04 PM IST
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...
08 Dec, 2020, 12.14 AM IST
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
05 Dec, 2020, 03.31 PM IST
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 ...
22 Oct, 2020, 03.20 PM IST
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...
03 Jul, 2020, 07.37 PM IST
'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’...
05 Sep, 2018, 08.22 AM IST
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...
23 Mar, 2018, 11.49 PM IST