Fantasy sports are a popular form of online entertainment in India, where millions of users create their own virtual teams and compete with each other based on real-life matches. However, the fantasy sports industry is facing a major challenge from the government, which has imposed a 28% GST on fantasy games. This has led to a huge increase in the cost of playing fantasy games, and a decline in the revenue and profitability of fantasy gaming apps. In this video, we will explore how GST is affecting the fantasy sports sector, and what are the possible solutions for both the players and the providers. We will also look at some of the leading fantasy gaming apps in India, such as Dream 11, My11Circle, and Team 11, and how they are coping with the GST issue. Stay tuned for an insightful and informative discussion on fantasy games vs GST.
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