The Federation of Indian Fantasy Sports activities (FIFS), a self-regulatory trade physique, has introduced the appointment of Pleasure Bhattacharjya as its director basic. On this function, he’ll oversee the functioning of the physique and work with policymakers and trade stakeholders alike. Bhattacharjya is the CEO of the Prime Volleyball League and is a cricket analyst.
The Federation of Indian Fantasy Sports activities (FIFS), earlier often called the Indian Federation of Sports activities Gaming IFSG, was established to guard client curiosity and create standardised greatest practices within the Fantasy Sports activities trade.
He was additionally the undertaking director for the FIFA U-17 World Cup in 2017. In his earlier roles, he has held the place of the group director for the Kolkata Knight Riders, and head of programming for Historical past and Nationwide Geographic channels for South Asia. He was the primary Indian head of manufacturing at ESPN Star Sports activities.
Bimal Julka, chairman of FIFS, stated, “We’re completely satisfied to have Bhattacharjya be a part of FIFS because the director-general. FIFS will profit from his sports activities experience and data of fantasy sports activities.”
Bhattacharjya added, “I’m completely satisfied to be part of the following stage of growth of fantasy sports activities within the nation. It’s a homecoming for me in a manner, from launching the Tremendous Selector in 2000, to now main FIFS.”
The federation is a Part 8 firm integrated below the Corporations Act, 2013 for the aim of self-regulation and promotion of greatest practices in on-line fantasy sports activities companies and contests supplied in India.
In keeping with Technavio, the worldwide fantasy sports activities market dimension is anticipated to extend by $6.11 billion between 2021 and 2026, increasing at a CAGR of 6.51% in the course of the forecast interval.
The expansion of the market might be pushed by the launch of assorted apps for fantasy sports activities. The growing availability of low-cost smartphones in creating international locations reminiscent of China, India, and Mexico has fostered the expansion of the worldwide cellular gaming trade.
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Supply: Live Mint