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india gaming industry

india gaming industry: Game theory: How fortunes of India’s gaming industry turned from being a sunrise sector

We all spent the lengthy Covid-19 lockdowns playing Candy Crush or Ludo King on our phones. In doing so, we helped the gaming industry go from something nifty to kill time with to a $3-billion omnipresent behemoth. In fact, it’s pegged to reach $7.5 billion worldwide in the next five years. In India, the sector has strengthened its roots with 568 million gamers, many of whom also participated in the 2022 Asian Games, where esports made its official debut. Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

Centre Intends to Establish Regulator for Skill Gaming Industry Amid Money Laundering Fear

To reduce worries of money laundering, uncertainty in the skill gaming sector, the Centre is reportedly considering a proposal to create a regulator to stimulate investment and protect player interests. It is learnt that the industry is also in favour of such a move. According to a recent report, people familiar with the matter said while the government is considering possibilities for regulating such organisations, it is of the opinion that the task should not be entrusted to any financial sector regulator because the…