Online DFS in India
Online DFS sites in India are not regulated in the majority of states, with the exception of Sikkim and Nagaland, where it is legal to offer under a license. However, there hasn’t been any license issued yet.
|Is online DFS legal in India?||Yes.|
|Are DFS sites in India trustworthy?||Yes.|
|Can I deposit via PayPal/Neteller/Skrill?||Yes.|
|Do online DFS sites accept INR?||Yes.|
Online DFS Laws in India
The Indian gambling laws consider Daily Fantasy Sports as games of skill, which makes it free to play. Under the Nagaland Prohibition of Gambling and Promotion and Regulation of Online Games of Skill Act from 2015, games of skill are the ones where the “skill lies in team selection or selection of virtual stocks based on analysis”.
In this way, DFS is the only major real money gaming activity legal in the country apart from wagering on horse racing. Adding this to the fact that India is one of the countries with the highest number of internet users, the demand for the game is enormous.
According to online DFS news sites in India, there are around 100 million Daily Fantasy Sports players in India and this number is only expected to increase in the next few years. The industry started with a focus on cricket - the most popular sport in the country and still the most played fantasy sport - but it has since expanded to other activities such as football.
Online DFS Payment Methods in India
There are many different payment methods available for Indian players that are efficient but, most importantly, transparent. These include the credit and debit cards of VISA and MasterCard. But there are alternatives that are also commonly accepted by online DFS sites, such as Skrill, Neteller or PayPal.
Online DFS Sites Accepting INR
Daily Fantasy Sports are a fast-growing industry in India and, as a result of the loose laws, many local operators are starting to appear in the market. Therefore, some of the platforms are catered for the Indian market and so Indian players can easily find online DFS sites accepting INR.