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Fantasy sports segment revenue is expected to grow in the range of 30-35 per cent to Rs 2,900-3,100 crore during the ongoing IPL 2023 cricket tournament season over the last year, market research firm Redseer Strategy Consultants said on Wednesday. The data estimates show 6.5-7 crore users are expected to transact on gaming platforms. Redseer Strategy Consultants, Partner, Ujjwal Chaudhry said there has been large awareness around fantasy sports platforms with higher marketing spend. "We are now seeing Bollywood stars in promotion. There is now better clarity around the regulatory framework, GST. Another positive push has been from Google where it has allowed some fantasy platforms on Playstore under its pilot programme. All of these are very positive developments for fantasy sports in India. With all this we expect 20-30 per cent growth in users transaction," he said. Google has allowed apps of select fantasy sports, mainly big players like Dream11, Games24X7's My11Circle, MPL Rum
As per information available on CrickPe's website, it is an app that allows users to play cricket online
The company, founded in 2008, makes it mandatory for workers to take at least a week off annually
Two-judge bench dismisses review petition seeking to reopen and review an earlier SC order relating to a 2017 Punjab and Haryana HC decision ruling fantasy sports to be a game of skill
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"Ticket size should be regulated. It should not be more than 50 rupees. This is an addiction," said Ashwani Mahajan, an official of the Swadeshi Jagran Manch
In its confidential draft report dated Aug 31, the panel of govt officials calls for creation of a new regulatory body under IT ministry to determine which online games qualify as games of skill
As many as 147 unicorns worldwide saw their valuations drop in the last six months
It's the new sunrise segment in the country's media and entertainment industry
India vs Pakistan, Super 4: India will play against Pakistan in the second match of Super 4 at Asia cup 2022. Read this report to get an idea of the match, playing 11, pitch report and weather
India to play Hong Kong in the virtual quarterfinal of Asia Cup 2022. Rohit Sharma's army could be the second team to enter the super fours after Afghanistan. Read this article to know better
Sri Lanka vs Afghanistan: Sri Lanka will face Afghanistan in the first match of the Asia Cup 2022. Who will be the playing XI? Who can win the match? How's the pitch? Read to know more
From Dream11, Big Basket, Samsung, LIC, Mondelez and Thumps Up, a cross-spectrum of advertisers have signed up for the big match and tournament
Sri Lanka vs Afghanistan preview: The Asia Cup will begin with the battle between five times champions Sri Lanka, who are in a re-building phase, and Afghanistan, who are raring to go big
It was unclear whether the fantasy sports platform would now give up its existing associate partnership with the IPL
'We implemented data-driven engineering with ML, AI and analytics across all our brands at Dream Sports very early in our automation journey', said Sharma
In February, the Karnataka High Court struck down a state government law that banned online gambling
Karnataka government struck down the law banning betting and wagering in online games in October last year.
Multiple cases of a Covid variant 8.1.1529 have been reported in Botswana, South Africa and Honk Kong, writes Centre
The firm had raised $400 million in its previous funding round at a $5 billion valuation in March this year