NITI Ayog gives formal recognition of the fantasy sports industry and will have a self-regulatory body which will focus on innovation, achieve scale and expand their operations in a clear and principle-based regulatory environment. This move is welcomed by Dream 11 and Games24x7. Fantasy sport industry is valued at Rs. 1,500 crore between 2018 and 2020. This step will help to provide equal opportunities for all operators, protect consumer’s interests and curb any possible malpractices in fantasy world.