DK Business Network
ANM Global has officially launched a specialised sports and gaming practice at a time when India’s entertainment sectors are experiencing substantial growth, despite facing significant regulatory uncertainty. With projections approximating the sports sector to reach an amazing $130 billion and the gaming market to expand to $4.5 billion by 2025, there is a heightened need for expert legal advisory services to navigate this explosive landscape.
The fragmented legal framework, characterised by State laws, ongoing disputes over Goods & Services Tax (GST) and the introduction of new governance initiatives, complicates compliance for businesses operating in these sectors. There is an increasing demand for knowledgeable legal counsel specialising in contracts, intellectual property, and regulatory issues.
This new practice will be under the leadership of founder Nidhish Mehrotra, who possesses extensive experience in advising athletes, football clubs, sports associations & leagues on a wide range of legal matters.
Anushree Rauta, an equity partner and head of Media & Entertainment, will oversee the gaming division.
As the industry experiences novel growth, gaming revenues are projected to hit $4.5 billion by 2025, with online gaming users expected to surpass 517 million. Esports alone is expected to generate over $1 billion this year and grow to $1.4 billion by 2028.
The legal requirements for companies in these industries are complex. Businesses seek guidance on issues such as regulatory compliance, mergers and acquisitions, investment strategies, contract negotiations & dispute resolution mechanisms.
By launching this specialised practice, ANM Global is committed to ensuring that clients receive comprehensive legal support from professionals who not only understand the law but also possess a deep knowledge of the business & cultural dynamics inherent in the sports and gaming industries.
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