Federation of Indian Fantasy Sports
Indian fantasy sports regulatory body From Wikipedia, the free encyclopedia
The Federation of Indian Fantasy Sports (FIFS) is a self-regulatory industry body for fantasy sports in India, headquartered in New Delhi. Established in 2017 as the Indian Federation of Sports Gaming (IFSG), it serves as the primary organization for fantasy sports operators in India.[1]
| |
| Abbreviation | FIFS |
|---|---|
| Formation | 2017 |
| Headquarters | New Delhi, Delhi, India |
| Location | |
| Services | Fantasy sports industry regulation |
| Fields | Fantasy sports |
| Membership | As of January 2024[update], 21 members |
Official language | English |
President | Harsh Jain |
| Website | www |
Formerly called | Indian Federation of Sports Gaming |
History
The organization was founded in 2017 as the Indian Federation of Sports Gaming and is registered under Section 8 of the Indian Companies Act, 2013.[2] Former Supreme Court Justice Arjan Kumar Sikri serves as the organization's ombudsman and ethics officer.[3]
Legal Framework
Regulatory Status
The legal status of fantasy sports in India has evolved through several court decisions:
- The Bombay High Court declared fantasy sports legal on 13 April 2019.[4]
- The Supreme Court of India officially recognized fantasy sports as legal on 8 August 2021, classifying them as games of skill rather than gambling.[5]
However, fantasy sports remain prohibited in Sikkim, Nagaland, Odisha, Telangana, and Andhra Pradesh.[6]
Charter and Governance
The FIFS Charter establishes operational standards for member organizations, including:[7]
- Legal incorporation requirements in India
- Age restrictions (18+) for paid contests
- Separation of operational and prize pool funds
- Responsible gaming policies
- Prohibition of platform employee participation
Leadership
As of December 2023[update], key positions include:[8]
- President: Harsh Jain
- Chairman: Bimal Julka
- Director General: Joy Bhattacharjya
- Ombudsman and Ethics Officer: Justice Arjan Kumar Sikri
Member Organizations
As of January 2024[update], FIFS has 21 member organizations. Notable members include:
| Platform | Organization |
|---|---|
| Dream11 | Sporta Technologies Pvt Ltd |
| Fantasy Akhada | Super Six Sports Gaming Pvt Ltd |
| A23 | Head Digital Works Pvt Ltd |
| Sportasy | Blossomfield Gamingzone Pvt Ltd |
See also
- Fantasy cricket
- Daily fantasy sports
- Fantasy sport in India
- Video gaming in India
- Online gaming in India
- Gaming laws in India
- Sports betting
- Indian gaming industry
- E-Sports in India
References
External links
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