The Federation of Indian Fantasy Sports—a nonprofit trade association—has formed in the Indian DFS market.
The self-regulatory body represents 13 Indian fantasy sport operators. It was formed to protect the interests of all Indian users by creating regulations for fantasy sports operators in India, the federation said in a press release.
The group also intends to promote fantasy sports as a game of skill that is exempt from the anti-gambling legislations. The federation is managed by Genesis Burson Marsteller a leading public advocacy firm. Its inaugural workshop was led by Vinay Jha, ex-IAS officer and principal advisor, public affairs at GBM.
“A self-regulatory body supported by its members is the strategic way forward to address the issues and opportunities of the fantasy sports industry in an efficient manner,” Jha said in the release.
