Fantasy Sports in India: Gambling or Gaming?


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Nov 25 2024 34 mins  

Alaukik Shrivastava is a legal scholar and Assistant Professor at Nirma University in Gujarat, India. He joins us here to discuss the fascinating and fast-growing industry of fantasy sports. India has a notable legal approach to gaming versus gambling. The line between games of chance and games of skill is a fine one, and it's something that regulators are struggling to get on top of.

We have discussed in previous episodes how open-access gambling can be very harmful to society. But there is also an argument that leaving it to the black market means players have no protections and the state cannot benefit from what is a significant economic engine. Alaukik brings his vast knowledge of the historical, legal and cultural aspects that have led to this point and makes a compelling case for undertaking a thorough critical review of the rules of each new game, before casting judgment.

You can find Alaukik on his LinkedIn or Instagram.

Also please find links to X-Bet/X-Bat and a fake Indian cricket league for Russian gamblers stories referenced in the episode.

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