Indian fantasy sports trade assocaition launched

Last week saw the launch of the Federation of Indian Fantasy Sports (FIFS), a not-for-profit trade association representing the interests of the fantasy sport sector in India.

FIFS is a self-regulatory body, with 13 Indian fantasy sport operator members at present; it was formed to protect the interests of all Indian users by creating regulations for fantasy sports operators in India, and promoting fantasy sports as a game of skill exempt from the anti-gambling legislations.

Managed by Genesis Burson Marsteller (GBM), a leading public advocacy firm, FIFS held its inaugural workshop, led by Vinay Jha of GBM.

Jha opined in a statement that 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.

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