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Fantasy sports betting companies in India have experienced significant growth in recent years, with platforms like Dream11, My11Circle, and MPL leading the market. These companies operate under the skill-based gaming category, which is legally permitted in most Indian states.
The Indian fantasy sports market has evolved to cater specifically to local preferences, focusing heavily on cricket due to the sport\“s immense popularity. Companies have developed mobile-first platforms with vernacular language support to reach users across different regions of India.
Local payment integration is another key feature, with support for UPI, Paytm, and other popular Indian payment methods. These platforms typically offer free and paid contests, allowing users to create virtual teams using real players from ongoing matches and earn points based on their actual performance.
The regulatory environment remains complex, with different states having varying regulations. However, the Supreme Court of India has generally recognized fantasy sports as games of skill rather than chance, providing legal protection to legitimate operators. |
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