New Delhi: According to a joint report by Deloitte and the Federation of Indian Fantasy Sports (FIFS), India’s fantasy gaming industry is set for remarkable expansion in the coming years. The report projects that the industry’s revenues could soar beyond $3 billion (Rs 25,240 crore) by FY27, showing a substantial surge from $828 million (Rs 6,800 crore) in FY22. The user base is also expected to experience a nearly three-fold increase, reaching 500 million (50 crores) from the existing 180 million (18 crores). This growth is anticipated to maintain a robust pace of 30% compound annual growth rate until FY27.

India has already established itself as one of the world’s fastest-growing markets in the fantasy sports domain, boasting over 300 fantasy sports platforms. In 2022, the user base in India was nearly three times larger than that of North America. A noteworthy aspect is that the major surge in the popularity of fantasy platforms has originated from tier II and tier III cities. These cities have witnessed significant traction and participation, contributing significantly to the overall growth of the industry.

FanFigo, an emerging gaming platform, is rapidly gaining popularity among sports and gaming enthusiasts, with over 1.5 million satisfied users. The platform offers a diverse array of enthralling online games for Android and iOS mobile platforms, catering to the interests of gaming enthusiasts. What sets FanFigo apart is its adherence to Indian laws and regulations, positioning itself as a “Game of Skill.” In this category, individual skills play a pivotal role in determining outcomes rather than mere luck. Participants rely on their knowledge, expertise, training, and attention to compete and succeed in various online fantasy sports gaming contests.

The success of FanFigo is evident as users have collectively won over 125 crores, engaging in a staggering 25 lakh contests to date. Furthermore, the platform has generously provided over 10 thousand giveaways, adding to the thrill of gaming for its enthusiastic user base. Fan Figo has swiftly become the go-to destination for fantasy sports enthusiasts, thanks to its reputation as the most trusted and secure online gaming platform. Adhering to fantasy sports and gaming rules and regulations, the platform strictly adheres to a fair game policy when running OFS contests. Users’ security is of utmost importance to FanFigo, as the platform is deeply committed to safeguarding their personal information and ensuring a safe gaming environment.

Online fantasy sports gaming is widely recognized as a legal practice globally, with only a few jurisdictions having exceptions. The fundamental principle underlying online fantasy sports gaming revolves around the concept of the “Game of Skills.” In this format, users create their teams and earn points based on the real-life on-field performance of the players they have chosen.         

Fan Figo operates as a completely legal platform, providing a wide range of services, fun features, programs, and contests related to fantasy cricket, fantasy football, fantasy kabaddi, fantasy volleyball, fantasy basketball, and fantasy hockey. Through these offerings, Fan Figo enables users to create their own teams before the commencement of matches, and subsequently, these teams earn points based on the real-life performance of the players chosen by the users. The winner of these contests is determined by the individual whose team accumulates the highest aggregate of points. Notably, the formation of a team on Fan Figo solely relies on the users’ skills, knowledge, and attention, making the online fantasy sports gaming experience a game of skills and, most importantly, 100% legal.

As the gaming industry witnesses exponential growth, FanFigo’s impressive performance and commitment to its users make it a noteworthy player in the evolving landscape of online fantasy sports gaming. Join FanFigo, play your favorite game, and win exciting rewards and cash prizes.