Formed in 2017, Indian Federation Of Sports Gaming (IFSG) is India’s first and only Sports Gaming self-regulatory industry body formed to protect consumer interest and create standardised best practices in the Sports Gaming industry.
The Sports Gaming industry comprises of any company that operates online sports-based Games of Skill (which may include e-sports, Fantasy Sports and casual sports games). IFSG aims to create a thriving ecosystem for users & operators by laying guidelines for a common set of practices, setting standards of operation and creating a regulatory framework to protect user and operator interests. Further, IFSG takes the lead on promoting Responsible Gaming.
IFSG works with key stakeholders to create a conducive environment and ensure the growth of Sports Gaming in India by being the unified voice of the industry. These stakeholders include various sports leagues, sports fans, Sports Gaming operators, policy analysts, law firms, economists and statisticians, tech providers, payment gateway providers, tax consultants, growth enablers (online and offline media platforms), business consulting firms and government representatives.
Indian Federation of Sports Gaming (IFSG) is a Section 8 Company incorporated under the (Indian) Companies Act, 2013 for the purpose of self-regulation and promotion of best practices in Sports Gaming services and contests offered in India. IFSG aims to set extremely high standards for the self-regulation and operational efficiency of the Sports Gaming industry. IFSG was founded in 2017 as a representative national body to protect the interests of Sports Gaming contest users and operators in India.
Creating standardized practices such as publishing of rules and T&Cs in a way that they are easily accessible to the user, ensuring winner declaration and prize money distribution information is available to users, etc.
Ensuring Sports Gaming operators, employees and families do not participate in pay-to-play contests, no preferential treatment for any user, protecting user funds, no cash transactions, etc.
Implementing Responsible Gaming policies, keeping user information private, following approved processes for creating pay-to-play contests, etc.
IFSG aims to create an environment of trust through transparency, implementing FairPlay policies and honest communication with the users regarding any issues or questions they may have. For this purpose, a system has been created that will allow users to directly reach out to the Federation in case they encounter any issues.
IFSG will address all Sports Gaming user related issues pertaining to, but not limited to:
Dream11 Pvt. Ltd. is India’s fastest-growing Sports Tech startup, known for its flagship Sports Gaming Platform – Dream11. Being a cutting-edge platform that rewards users for their sports knowledge and skill, Dream11 has paved the way for the industry by engaging 3 crore+ sports fans.
As the founding member of IFSG, Dream11 aims to redefine the industry by creating standardised best practices, keeping operator and user interests in mind.