Gaming
Fantasy Sports is integral to sports growth in India
New Delhi: During a fireside chat at the 10th Global Sports Summit: FICCI 'TURF' 2020, Harsh Jain, CEO & Co-Founder, Dream11 & Dream Sports, discussed how fantasy sports is a digital sports engagement platform that has a direct impact on sports and Indian economy, both in terms of growth and innovation.
On the growth of Indian Fantasy Sports, in his inaugural speech, Shri. Kiren Rijiju, Hon'ble Minister of Youth Affairs and Sports said, “I also see how fantasy sports is fuelling sports consumption. It is very important. Online fantasy sports is very instrumental in revolutionizing the manner in which sports enthusiasts engage with their respective favourite sports.”
When asked about the impact of fantasy sports in the sports industry, Harsh Jain, CEO and Co-Founder, Dream11 & Dream Sports said, “India is a pretty big market with a billion sports fans, and so we cannot be a one-sport nation. The problem is that sports as an industry is built as top-down, meaning, it is all about mass and scale. We want to build it bottoms-up, and so, we want to focus on other sports that have pockets of users, and in India, even pockets can be lakhs of people. Fantasy Sports changes the way you consume sports – you don't just follow the top team or the team you like; you follow everyone to see the value picks, research, knowledge, chemistry for every player, and sports consumption goes through the roof. It's based on the actual sports match, and on real-life events and it's not available 24×7.”
Talking about the potential of fantasy sports in India, Dr Sangita Reddy, President, FICCI, and Joint MD, Apollo Hospitals Group, said, “Online Fantasy Sports industry is actively working to develop and strengthen, and provide meaningful impetus to the entire sports ecosystem and is committed to creating impact dual partnerships for the government and other organisations to help realise the true potential of sports. The industry is committing a corpus of INR 20 crores in FY 2020-21 and will be deploying an additional INR 50 crores in FY 2021-22 to aid and facilitate the development of sports in the sports ecosystem in the country.”
Online Fantasy Sports (OFS) is a digital sports engagement platform that is dependent entirely on real-life sports. It has become one of the primary sources of sports engagement for avid fans and mature users. Sports fans create virtual teams on a fantasy sports platform, for an upcoming live sporting event based on their sports knowledge and skill. They compete against other teams based on the statistics generated by the on-field player's performance. Participating in fantasy sports platforms increases sports consumption as a sports fan follows the matches, teams, players, venue conditions etc. more closely to be able to create a successful fantasy sports team.
Some key insights shared by Harsh Jain on OFS during his session:
The format of Online Fantasy Sports ensures that sports enthusiasts follow the game more keenly, and this directly results in increased focus and attention towards sports. Fantasy Sports users watch 60% more sports
OFS provides sports fans with a transparent, non-addictive form of engagement
The majority of time spent by a fantasy sports user is on sports research, analysis and following the underlying real-world match, with fantasy sports participation being only a small and episodic fraction of the time spent by the user in relation to the activity
OFS increases sports viewership, and this symbiotic relationship between OFS and real-life sports ensures that the interest of fans does not waver, especially at a time when physical presence in stadiums is not possible
The emergence of these services has opened up new avenues for economic growth, investment and employment
OFS to contribute INR 13,500 Crores in taxes to the Indian government in the next five years
Fantasy Sports industry to generate FDI more than INR 10,000 Crores in the next few years
FS to create 12,000 additional jobs via direct & indirect employment
Gaming
Nodwin Gaming partners with Runestone for esports data and integrity solutions
South Asian esports leader joins forces with Czech tech firm to enhance tournament operations.
MUMBAI: Nodwin Gaming has just levelled up its game by bringing in a specialist to keep the scoreboard honest and the fans fully engaged. The leading South Asian esports and gaming company has announced a strategic partnership with Runestone, a Prague-headquartered esports technology firm specialising in real-time data and engagement solutions for tournament organisers and publishers.
The collaboration aims to strengthen competitive integrity, improve operational oversight, and deliver more interactive viewing experiences across Nodwin’s properties. It will initially focus on the Nodwin Clutch Series for Counter-Strike 2, a Tier 2 tournament that provides emerging teams with consistent competitive opportunities and helps build the talent pipeline.
The latest edition of the series recently concluded with Big defeating ECSTATIC 2–1 in the grand final of the $50,000 online event.
Nodwin Gaming chief business officer at MENA and global head of data monetization Teemu Koski said, “Integrity and transparency are fundamental to sustainable esports ecosystems, especially in Tier 2 competition where the next generation of talent emerges. Runestone’s expertise complements our experience in building scalable esports IPs.”
Runestone head of partnerships Michael Schwartz added, “Nodwin Gaming has built one of the most dynamic esports ecosystems across emerging markets. We’re thrilled to collaborate on supporting tournaments with greater transparency, deeper fan interaction, and scalable tools.”
Both companies are exploring opportunities to extend the partnership across additional titles, including mobile-first competitive ecosystems, and to develop new products for publishers, tournament operators, and event promoters.
In the rapidly growing world of esports, where fair play and fan excitement are equally crucial, Nodwin Gaming and Runestone are teaming up to ensure every match is not only competitive but also transparent and engaging. This alliance could well become a game-changer for Tier 2 tournaments across South Asia and beyond.
