New fantasy sports site ‘My11Circle’ on the block
The fantasy sports sector in India has only seen sharp growth till now, with key players in the business riding the wave. Overall, Dream11 is an industry leader by a huge margin, but there is still a lot of opportunities for young companies. Play Games 24x7 Pvt. Ltd, one of the leading companies in the gaming industry, parent company of the famous RummyCircle, has now entered the fantasy sports scene by announcing a new site called My11Circle.
Play Games had previously launched a horse betting website called Turfbets and has shown previously that it is enthusiastic about real money gaming sites. My11Circle will be starting its operations from 1st February 2019, as mentioned in their press release. The statement reads, “Fans can pick and select players from both sides in a match and create a fantasy team of their own. Basis the performance of their selected 11 cricketers, a team owner can win exciting cash prizes.”
The website details its plans for offerings. There will be Cash Contests and Practice Contests. Cash Contests will be of three types: Small, Mega and Private. Small and Mega contests will have a fixed entry fee, but players can create teams after paying the fee. On the other hand, Private Contest fees and cash prizes will be decided by the player and will be flexible. Players can also invite their friends and family to participate in Private Contests.
The Practice Contests are specifically designed keeping in mind the difficulties novice players would face. New players can practice and test their skills here, which have zero fee, and can also see their rankings among the best of the Fantasy players.
My11Circle’s launch comes at the perfect time. As per a recent Indian Federation of Sports Gaming (IFSG) report, online fantasy gaming has witnessed an explosion in India and has seen exponential growt, from 20 lakh users in 2016 to over 4 crores in 2018. The trend suggests that India is all set to beat US and Canada that has around 5.93 crore fantasy sports users for now.
Coming to the My11Circle launch, Bhavin Pandya, co-founder and CEO of Play Games 24x7 said, “Today is a very important day for Play Games24x7 as we launch our first ever fantasy game. We, of course, start with cricket but the goal is to offer multiple games in this format. Our focus on understanding player behavior has enabled us to provide awesome game playing experiences and we shall continue that endeavor by providing awesome fantasy cricket experiences to our players”
Saroj Panigrahi, Business Head of My11Circle also weighed in, “Play Games24x7 has a history of successful growth across different product platforms and is excited to introduce the My11Circle fantasy sports app for all Indian cricket lovers. Fantasy sports has great potential in our country and complements Play Games24x7’s existing portfolio perfectly.”
Many new companies are emerging in the fantasy sports business, like 11Wickets and the recently launched KhelChamps by Sugal & Damani Group indicating a good future for this industry. Keep reading GutshotMagazine.com for more such fantasy sports industry news and for gaming news from around the world.
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