Gadgets
MyTeam11 Prepares for a Surge of Interest Ahead of IPL 2021
However, fantasy cricket is not without its detractors or controversy either. In fact, it is not permitted in some states of the country; aside from that, there are those who feel that the online gaming industry should not be involved with real money gaming, and see it as detrimental to the industry.
GOQii founder Vishal Gondal, who is also an investor in FauG creator nCore Games, recently said that fantasy sport, betting on sports, and online games such as rummy, that are using real money, are gambling and should be banned. His statements got him into trouble and he was even summoned by the police in Faridabad for his comments on real money gaming.
However, fantasy gaming remains one of the fast growing segments of online gaming in India — a 2020 report by Nasscom states that online gaming is expected to reach Rs. 187 billion by 2022, and the All India Gaming Federation CEO Roland Landers said in the same report, “Online Real Money Skill Gaming (RMG) Industry is now poised to grow exponentially owing to the rise in digitally rich consumers and financial inclusion.”