Niti Aayog Suggests Operating Standards For Online Fantasy Sports Platforms

Niti Aayog suggests operating standards for online fantasy sports platforms

Indian government’s thinktank Niti Aayog has released a draft paper to discuss a uniform national-level regulation of online fantasy sports platforms in India.

Niti Aayog recommends:

1. Gaming companies to follow all laws & regulations of India.

2. Obligation to offer only skill-predominant fantasy sports formats, which are either judicially recognised or approved by an independent evaluation committee of a govt recognised self-regulatory industry body.

3. Games will have to pertain to at least one entire real-life event.

4. Money can be offered only to persons above 18 years of age & avoid offering any gambling or betting services, etc.

These guiding rules could also be handled as a uniform “regulatory sandbox” and perhaps recalibrated based mostly on ongoing improvements and developments within the sector.

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