FANTASY GAMING AND IT’S INFLUENCE ON SPORTS ENGAGEMENT, SKILL DEVELOPMENT AND GAMBLING BEHAVIOR.
Abstract
This comprehensive research delves into the intricate relationship between fantasy gaming and its impact on sports engagement, skill development, and gambling behavior. Over the past decade, fantasy gaming has evolved into a captivating phenomenon, bridging the virtual and real worlds. This research becomes increasingly relevant as the popularity of fantasy gaming continues to surge, necessitating an exploration of its multifaceted effects on individuals and society. The genesis of fantasy gaming can be traced back to the mid-20th century, but its resurgence in the digital age, facilitated by the internet and technological advancements, has propelled it from a niche hobby to a mainstream cultural phenomenon. Unlike traditional spectatorship, fantasy gaming actively engages participants by transforming them into team managers, fostering a deeper connection with sports events. The virtual teams created by participants reflect their strategic acumen, knowledge of player statistics, and understanding of the dynamic nature of sports. Fantasy sports leagues encompass a diverse range of popular professional leagues, allowing enthusiasts to tailor their experiences based on personal preferences. This diversity contributes to the expansion of fantasy gaming beyond the traditional confines of sports fandom. However, the study goes beyond the surface allure of fantasy gaming, aiming to understand its potential impact on skill development, sports engagement, and gambling behavior. Fantasy gaming is posited as a means of skill development, requiring participants to analyze player performances, study team dynamics, and make strategic decisions. This analytical and decision-making process enhances cognitive skills, including critical thinking, problem-solving, and strategic planning. Furthermore, the iterative nature of fantasy sports leagues fosters commitment and consistency, promoting the development of discipline and time-management skills. The social dimension of fantasy gaming is also explored, with many leagues involving interactions that contribute to the formation of virtual communities. To contextualize the relationship between fantasy gaming and gambling behavior, the research draws a distinction between the two. Gambling involves wagering money on uncertain outcomes, often relying on chance, while fantasy gaming, particularly fantasy sports, is considered a skill-based form of entertainment. The convergence of these two realms prompts a closer examination of the psychological dimensions involved, exploring the factors that contribute to the allure of fantasy gaming and its potential impact on participants' behaviors. The research is underpinned by an extensive review of existing literature, incorporating insights from various scholars globally. Studies conducted in India and internationally have scrutinized the growth of the fantasy gaming industry, its legal and regulatory challenges, and the evolving dynamics of daily fantasy sports platforms. The research provides a comprehensive understanding of the industry's socioeconomic implications, potential for substantial growth, and the need for effective regulatory frameworks. Methodologically the study encompasses a vast population, representing rural and urban residents in Gujarat, and employs a purposive sampling method. Data is collected through a well-structured questionnaire distributed via Google Documents. Statistical analyses, including chi-square tests, are conducted to investigate the relationships between fantasy gaming and sports engagement, skill development, and gambling behavior. The findings reveal a nuanced landscape. While statistical tests fail to establish a significant impact on sports engagement, skill development, or gambling behavior, participants exhibit strategic thinking, report improvements in financial management skills, and adhere to responsible gaming practices. The study concludes by emphasizing the importance of these nuanced insights, contributing to a holistic understanding of the multifaceted relationship between fantasy gaming and individual behaviors.