74% of users play fantasy sports 1-3 times a week, with the majority playing once a week and 20% of the respondents reported playing more than five times a week, says a report on the online gaming industry in India.
The Indian Federation of Sports Gaming (IFSG), the self-regulatory industry body for the sports gaming sector, and research firm KPMG India (KPMG) have released a report titled 'The Evolving Landscape of Sports Gaming in India'.
It provides an overview of the online gaming industry, with a focus on fantasy sports and eSports.
Online gaming is on the rise in India.
Revenues expected to grow at 22% CAGR from FY18-FY23.
72% of respondents say the primary motivation for playing fantasy sports is fun.
Further, 69% of respondents say that there are no overlaps between Fantasy Sports and Sports Betting.
81% say that playing fantasy sports requires profound Skill and Knowledge.
74% of users play fantasy sports 1-3 times a week, with the majority playing once a week and 20% of the respondents reported playing more than five times a week.
54% of users play fantasy sports for free.
46% of the respondents have played paid contests at least once in the last 12 months.
25-30% of the spends on fantasy sports platforms come from the users' pocket.
70-75% of the spends are re-investments coming from previous winnings, cash bonus or periodical promotional offers given by these platforms to their users.
85% of the respondents from the major cities play fantasy sports 1-3 times a week as compared to nearly.
70% of respondents from smaller cities who play more than four times a week on such platforms.
71% of the respondents played fantasy cricket followed by 54% playing football.
55% of the respondents had an incorrect understanding of eSports, associating it exclusively with sports-based games.
A further 22% of respondents were completely unaware of what eSports constitutes.
*Images posted only for representational purposes.