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Fantasy Sports revenue to rise 30-35% to Rs 2,900-3,100 cr this IPL season

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

Fantasy Sports revenue to rise 30-35% to Rs 2,900-3,100 cr this IPL season
Updated On : 05 Apr 2023 | 5:42 PM IST

Former BharatPe CEO Ashneer Grover launches fantasy cricket platform

As per information available on CrickPe's website, it is an app that allows users to play cricket online

Former BharatPe CEO Ashneer Grover launches fantasy cricket platform
Updated On : 24 Mar 2023 | 10:54 AM IST

Dream11 staff to pay Rs 1 lakh if they disturb colleagues on leave

The company, founded in 2008, makes it mandatory for workers to take at least a week off annually

Dream11 staff to pay Rs 1 lakh if they disturb colleagues on leave
Updated On : 12 Jan 2023 | 11:23 PM IST

Fantasy sports offered by Dream11 are games of skill, not chance: SC

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

Fantasy sports offered by Dream11 are games of skill, not chance: SC
Updated On : 15 Nov 2022 | 11:20 AM IST

IND vs PAK T20 World Cup: India Predicted XI vs arch-rivals Pakistan at MCG

IND vs PAK T20 World Cup, Predicted XI: Find out the latest team news and the predicted playing eleven of both India and Pakistan for the T20 World Cup 2022 match at Melbourne here

IND vs PAK T20 World Cup: India Predicted XI vs arch-rivals Pakistan at MCG
Updated On : 23 Oct 2022 | 1:20 PM IST

SJM calls for cap on entry fees for online games amid regulatory push

"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

SJM calls for cap on entry fees for online games amid regulatory push
Updated On : 20 Sep 2022 | 3:49 PM IST

Govt panel calls for regulatory body, new law for online gaming: Report

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

Govt panel calls for regulatory body, new law for online gaming: Report
Updated On : 15 Sep 2022 | 11:27 PM IST

India edges out China in creating new unicorns in H1CY22: Hurun report

As many as 147 unicorns worldwide saw their valuations drop in the last six months

India edges out China in creating new unicorns in H1CY22: Hurun report
Updated On : 07 Sep 2022 | 10:45 PM IST

All roads lead to Web3 gaming in India, but regulation needed: Experts

It's the new sunrise segment in the country's media and entertainment industry

All roads lead to Web3 gaming in India, but regulation needed: Experts
Updated On : 04 Sep 2022 | 8:46 PM IST

India vs Pakistan, Super 4: Match preview, predicted 11, pitch and weather

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 vs Pakistan, Super 4: Match preview, predicted 11, pitch and weather
Updated On : 04 Sep 2022 | 10:33 AM IST

India vs Hong Kong, Asia Cup 2022: Time, venue and pitch report

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

India vs Hong Kong, Asia Cup 2022: Time, venue and pitch report
Updated On : 31 Aug 2022 | 5:40 PM IST

Asia Cup 2022: SL vs AFG: Predicted XI, Time, Pitch Report and Toss

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

Asia Cup 2022: SL vs AFG: Predicted XI, Time, Pitch Report and Toss
Updated On : 27 Aug 2022 | 10:13 AM IST

India-Pakistan clash at Asia Cup draws huge interest from advertisers

From Dream11, Big Basket, Samsung, LIC, Mondelez and Thumps Up, a cross-spectrum of advertisers have signed up for the big match and tournament

India-Pakistan clash at Asia Cup draws huge interest from advertisers
Updated On : 26 Aug 2022 | 10:02 PM IST

Asia Cup 2022 SL vs AFG Preview: Equal in strength but legacy favours Lanka

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

Asia Cup 2022 SL vs AFG Preview: Equal in strength but legacy favours Lanka
Updated On : 26 Aug 2022 | 9:44 PM IST

IPL 2020: Dream11 wins title sponsorship rights; pips Byju's, Unacademy

It was unclear whether the fantasy sports platform would now give up its existing associate partnership with the IPL

IPL 2020: Dream11 wins title sponsorship rights; pips Byju's, Unacademy
Updated On : 18 May 2022 | 2:02 PM IST

Ready to manage 10 mn concurrent users in IPL: Dream Sports CTO Amit Sharma

'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

Ready to manage 10 mn concurrent users in IPL: Dream Sports CTO Amit Sharma
Updated On : 18 Apr 2022 | 12:13 PM IST

Karnataka HC quashes FIR filed last year against Dream11 co-founders

In February, the Karnataka High Court struck down a state government law that banned online gambling

Karnataka HC quashes FIR filed last year against Dream11 co-founders
Updated On : 05 Mar 2022 | 1:26 AM IST

Karnataka HC lifts online gaming ban, big relief for fantasy sports

Karnataka government struck down the law banning betting and wagering in online games in October last year.

Karnataka HC lifts online gaming ban, big relief for fantasy sports
Updated On : 17 Feb 2022 | 12:17 PM IST

LIVE: Centre asks for 'rigorous' screening of international passengers

Multiple cases of a Covid variant 8.1.1529 have been reported in Botswana, South Africa and Honk Kong, writes Centre

LIVE: Centre asks for 'rigorous' screening of international passengers
Updated On : 25 Nov 2021 | 9:28 PM IST

Dream 11 parent Dream Sports raises $840 mn at valuation of $8 bn

The firm had raised $400 million in its previous funding round at a $5 billion valuation in March this year

Dream 11 parent Dream Sports raises $840 mn at valuation of $8 bn
Updated On : 25 Nov 2021 | 11:52 AM IST