Despite the fact that they will need to take a gander at different sports events and occasions, the IPL footing is incomparable, say specialists. The fantasy sports industry could see an 80% drop in income since most activity occurs in IPL. The fantasy sports market saw an overall gain from Rs 920 crore in FY19 to Rs 2,400 crore in FY20.

Coordinators of the 2021Indian Premier League declared the League’s suspension to have a prompt impact that has come in the midst of the ascent of the COVID-19 cases within the teams in only a few days. The suspension of the 14th edition of the Indian Premier League (IPL) has put a respite on the development of the online dream sports area, which has seen huge development over the most recent couple of years.

Fantasy sports is a type of ability-based online game, in which an avid supporter makes his/her own team involving genuine players from forthcoming games. These virtual groups aggregate points dependent on the real measurable execution of players during real matches and champions are pronounced accordingly.

Presently, with IPL 14 getting delayed both, industry players and specialists said that the fantasy sports industry will have to face some difficult times. As indicated by Roland Landers, CEO, All India Gaming Federation(AIGF), a delay in the league will affect both the top line and incomes of fantasy sports stages. “The IPL is one of the most lucrative and valued sports leagues in the world and most major brands associate with it to reach their target audiences and drive engagement,” he said.

What is the path forward for these stages?

The way forward

There are a couple of other tournaments going on in different countries of the world. Obviously, the IPL footing couldn’t measure up yet at the same time these games will minimize damage immediately. Although cricket has been the star entertainer for fantasy sports stages in India, many are focusing on different games like football, basketball, baseball and kabaddi, as well.