Fantasy connotes unreality. But the Fantasy Sports format totally works on real life, ongoing sports matches and players based on the end-users’ sports knowledge. A fast-growing lucrative sector for employment, entrepreneurship and business.
Fantasy Sports has accelerated career opportunities in India. The industry experienced a stupendous rise recently. As India surpassed segment leader U.S.A., the steady growth of Online Fantasy Sports (OFS) stands well-documented. The rise of OFS platforms (OFSPs), operators and user base has drawn the NITI Aayog’s attention. A draft discussion paper titled, Guiding Principles for the Uniform National-level Regulation of Online Fantasy Sports Platforms in India, (December 2020) was published by the Union body.
Since its rise to popularity, Fantasy Sports has been caught in a contest between game of skill and game of chance.
What is fantasy sports?
Fantasy Sports....