Fantasy sports have gained significant popularity in India, with several local platforms emerging to cater to the growing demand. These platforms allow users to create virtual teams of real players and compete based on their actual performance in matches.
Indian fantasy sports platforms like Dream11, MyTeam11, and MPL have become household names. They offer a wide range of sports including cricket, football, kabaddi, and basketball. These platforms operate on a freemium model, allowing users to participate in free contests or pay to enter cash prize competitions.
The Indian fantasy sports market has seen tremendous growth due to the country\“s passion for cricket and other sports. With increasing smartphone penetration and affordable internet access, more Indians are engaging with fantasy sports platforms. These platforms have also created new revenue streams for sports enthusiasts and have partnerships with various sports leagues.
Regulation of fantasy sports in India falls under the category of games of skill rather than gambling, making them legal in most states. The platforms typically require users to be at least 18 years old and follow responsible gaming guidelines to ensure a safe and enjoyable experience for all participants. |