According to a most recent report India is the world’s greatest fantasy sports consumer/user. With an expected populace of 13 crore people, there has been a flood in revenue earned and taxable pay exuding from Esports.
India Has The World’s Biggest Fantasy Sports Market With Over 13 Crore Users
According to a most recent report India is the world’s greatest fantasy sports consumer/user. With an expected populace of 13 crore people, there has been a flood in revenue earned and taxable pay exuding from Esports. Relating to paying, the anticipated income right now is 5,200 crores and this is projected to go up to 1,65,000 crores by FY25. This is a monstrous jump for a country that is starting to see the significant advantages of legalizing fantasy sports in a large number of various ways.
Some observations are that Tier 2 and 3 cities have contributed massively to this development alongside promoting the flood in digital education. Alongside the Covid pandemic, there is likewise a significant attribution of the development of fantasy sports to the accessibility of cell phones, minimal expense data plans, and other such factors.
Sports like cricket, kabaddi, and football are driving the way among users and watchers. Cricket is principally driving because of the large number of events that have occurred in a couple of years like the IPL and the women’s World Cup.
Credit: The Bridge
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