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    The Rise of Fantasy Sports and ONLINE FLASH GAMES

    The online gaming market is booming with technology. Now, fantasy sports and online games are not only for entertainment purposes. Online flash games are platforms to show your skillset and use your knowledge to win exciting rewards. Since the launch of the initial video game in 1950, the web game hasn't stopped growing.

    Online Gaming Business Around the world

    In the entire year 2020, the global gaming market was approximately $62 million. According to the statistics, the business will be worth $300 billion by 2026. Mobile gaming makes almost 50% of the share market and generates revenue worth $80 billion. Online gaming may be the family of streamliners, developers, publishers, gaming arenas, coaches, and 2.5 billion users around the world.

    The start-ups of online gaming have grown in India, within the last couple of years and attracted huge funding from both domestic and foreign investors of more than $ 1 million. The shares of gaming platforms are split between your US and China equally 24 % each, in the Asia-Pacific excluding China is 23%, Latin America has 4%, Canada has 2% and lastly, Europe, Africa, and the Middle East holds 23 % of shares.

    Even after newplay88 and a large user base, the Indian government is not considering the online game legal. In a variety of states of India, playing fantasy sports is not allowed and is known as gambling. Pandemic has just doubled the growth of the web games and fantasy sports industry in India with regard to both fantasy sports app development & fantasy sports app platforms.

    Government should look at online gaming with an open mind and understand it in-depth, rather than considering all online games, gambling. Government can target betting and gambling but should spare fantasy sports. However, fantasy sports can help the government to generate huge revenue and raise the economy of the country.

    Types of Online Gaming

    Fantasy Sports

    Just about the most popular gaming platforms for sports fans. Online fantasy is totally not the same as other gaming styles. The user creates their team online of real players playing on the market on the ground. The user's performance completely depends upon the player and real-life statistics of the overall game.

    IPL may be the most beloved format of Fantasy Sports in India. Alongside playing the overall game, many users religiously follow the score and live matches on the fantasy Sports platforms. It isn't a game of chance; you will need skills and understanding of the overall game to play and win rewards. "NITI Aayog" has released guidelines to play fantasy sports. Users can play fantasy sports for free and real money.

    The fantasy sports industry keeps growing and the user base is increasing exponentially. Due to the involvement of money and few cases on the fantasy platform, the federal government considered it as a gambling platform and doesn't consider it legal on the central level. The online fantasy platforms follow all of the rules of the Advertising Standards Council of India.