IPL to mark bounce back for India’s online fantasy games

Courtesy: IPL

While the legality of sports betting in India remains a question of debate, betting on online fantasy sports (OFS) has been the biggest growth area of the country’s online skill-based gaming industry. It’s the one sector of online gaming in the country that hasn’t benefited yet from the extensive lockdowns, seeing a sharp downturn in activity as actual sports tournaments evaporated. However, with the imminent return of the India Premier League cricket, fantasy sports are expected to bounce back with a vengeance. One illustration of just how far this nascent industry has come is the emergence of the largest player in the market, Dream 11, as the lead sponsor of the league, knocking off household names such as mobile company Vivo.  “Indian Premier League cricket is by far amongst the most popular sporting events in India,” says Ranjana Adhikari, Co-head of the Media Entertainment & Gaming Practice at Nishith Desai Associates. “The...

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