Fantasy sports platforms have gained significant popularity in India, with several local products emerging in the market. These platforms allow users to create virtual teams of real players and compete based on their actual performance in sporting events.
Indian fantasy sports products like Dream11, MyTeam11, and MPL have revolutionized the gaming industry by combining sports enthusiasm with digital entertainment. These platforms operate under skill-based gaming regulations and have attracted millions of users across the country.
The fantasy sports bill aims to provide a regulatory framework for these platforms, ensuring fair play, user protection, and responsible gaming practices. The legislation addresses important aspects such as licensing requirements, data privacy, and financial transactions.
Local Indian fantasy sports products have created new employment opportunities and contributed to the digital economy while promoting various sports leagues including cricket, football, kabaddi, and basketball. |
