The Rise of Fantasy Sports and Online Games

The online gaming market is booming with technology. Now, fantasy sports and online flash games are not limited to entertainment purposes. https://superwin303-login.com/ are platforms to show your skillset and use your knowledge to win exciting rewards. Since the launch of the first gaming in 1950, the online game has never stopped growing.

Online Gaming Business Around the world

In the year 2020, the global gaming market was approximately $62 million. As per https://superwin303-link.com/ , the business enterprise will undoubtedly 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 category 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 few years and attracted huge funding from both domestic and foreign investors of more than $ 1 million. The shares of gaming platforms are split between the 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 such huge success and a big user base, the Indian government is not considering the video game legal. In various states of India, playing fantasy sports isn't allowed and is considered gambling. Pandemic has just doubled the growth of the online 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 having an open mind and understand it in-depth, rather than considering all online flash games, gambling. Government can target betting and gambling but should spare fantasy sports. However, fantasy sports can help the government to create huge revenue and increase the economy of the united states.

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

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Pub: 31 May 2023 18:56 UTC
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