Fantasy sports in India

Last updated

Fantasy sports came to India in the later half of the 2010s and was banned in 2025, The Federation of Indian Fantasy Sports (FIFS) served as the primary self-regulatory industry body. As of December 2023, the sector was valued at approximately 45,000 crore (US$5 billion) with over 180 million active users.[ citation needed ] On August 21, 2025, Indian government banned all fantasy sports games and other real money-based online games as they were considered online gambling. [1] [2]

Contents

Overview

India has numerous fantasy gaming mobile applications that allow users to create virtual teams for various sports. The Google Play Store does not allow these apps on their platform for download, requiring users to download them directly from their websites. These platforms attract users through sports league sponsorships, [3] celebrity endorsements, and advertising campaigns.

Market size

According to a 2022 NITI Aayog report, the industry is expected to attract ₹10,000 crore (₹100 billion) in foreign direct investment, and reach a market value of ₹50,000 crore (₹500 billion) and expand to 200 million users or more by 2025.

Legality

On August 21, 2025, Indian government banned all fantasy sports games and other real money-based online games as they were considered online gambling. [1] [2]

Supreme Court ruling

On 8 August 2021, the Supreme Court of India officially declared fantasy sports legal, classifying them as games of skill rather than gambling. [4]

High court judgments

Several high courts have ruled on fantasy sports. The Rajasthan High Court in July 2021 affirmed fantasy sports as games of skill based on the 276th Law Commission Report. [5] In April 2019 the Bombay High Court recognized fantasy sports as a legitimate skill-based industry. [6] The Kerala High Court determined fantasy sports as games of skill under section 14(A) of the Kerala Gaming Act in February 2022. [7] [ permanent dead link ]

State-level regulations

As of January 2024, states fall into three categories:[ needs update ]

States permitting fantasy sports

States with bans

States with pending regulations

Taxation

Changes

As of October 2023, key tax reforms related to fantasy sports include:

Impact

Tax changes have led to decreased user participation and a reduction of 20–25% in industry revenue. This has in turn generated market consolidation trends and platform operational adjustments.

Major platforms

Market leaders

PlatformUser base (2023)Key features
Dream11 130+ million Cricket, football, NBA
Mobile Premier League (MPL)99+ millionMulti-game platform
My11Circle50+ millionCricket-focused
Gamezy30+ millionMultiple sports
Vision1120+ millionCricket, football

Market share

Dream11 has an approximate 55% market share, MPL a ~15% share, and other companies share the remaining ~30% of the market.[ when? ]

Challenges

Court cases

Advertising guidelines

In November 2020, the Information and Broadcasting Ministry's Advertising Standards Council of India (ASCI) created guidelines for fantasy gaming apps doing business in India, such as: [8]

The disclaimer must state "This game involves an element of financial risk and may be addictive. Please play responsibly and at your own risk."

Criticism

User experiences

In 2019, a person claimed in an article published by Outlook that he lost ₹50,000 in just two games on Dream11, arguing that outcomes were based on chance rather than skill. [9]

See also

References

  1. 1 2 "India's government bans fantasy sports games". The Economist. ISSN   0013-0613 . Retrieved 26 August 2025.
  2. 1 2 "Will Dream11, Gameskraft challenge India's new online gaming law in court after ban? What they said". Hindustan Times. 26 August 2025. Retrieved 26 August 2025.
  3. "Dream11 is new IPL 2020 title sponsor with winning bid of Rs 222 crore". www.timesofindia.com. Archived from the original on 21 August 2022. Retrieved 22 April 2024.
  4. "Supreme Court upholds Dream11 fantasy sports format as game of skill". The Economic Times. Retrieved 20 October 2022.
  5. 1 2 "Rajasthan High Court dismisses Plea against Online Fantasy Games". Law Insider. 29 July 2021. Retrieved 21 October 2022.
  6. "Bombay HC rules fantasy sports not gambling". Mint. Retrieved 15 January 2024.
  7. "Kerala HC Rules Fantasy Sports as Game of Skill". Indian Express. Retrieved 15 January 2024.{{cite web}}: CS1 maint: url-status (link)
  8. Sandhu, Veenu; Munjal, Dhruv (24 November 2020). "Ctrl-Alt-Del: Advertising council to misleading online gaming ads". Business Standard . Retrieved 4 April 2023.
  9. "Dream11: 'Skill? Rubbish. It's Sophisticated Gambling', Says A Loser". Outlook . 14 May 2019. Archived from the original on 5 April 2023. Retrieved 4 April 2023.