"Fantasy sports" does not have any legal definition. The legitimateness is exposed to whether the game qualifies as a 'game of skill' or a 'game of chance'. Games of chance fall under gambling and are restricted by state gambling laws. Nonetheless, games including the significant and considerable level of skill (mathematically, more than 50%) fall outside the extent of betting laws and consequently are legitimate in India. Courts have inspected the game format of Dream11 and have considered its configuration as 'game of skill’'. Courts have not analyzed some other fantasy gaming formats and have not offered any perspectives, decisions, or investigations of the configuration of some other fantasy gaming platform. Regardless of whether a fantasy sport is a game of chance or a game of skill, the legality varies game to game.

As there are no set of government regulations, Fantasy industry standards are regulated by the Federation of Indian Fantasy Sports (FIFS. Self-regularisation norms for the Indian fantasy sports industry is set up by the federation until the government comes out with any standards and laws.

When it comes to taxation, as per the Indian rule, 18% GST is applicable on games that are skill-based, like Dream11’s format, and fantasy sports gaming. The court referred to Schedule III of the Central Goods and Services Act, 2017 which states that ‘actionable claims, other than lottery, gambling and betting’ are excluded from the scope of supply.”