online games

A 16-year old Hyderabad boy has lost his family’s entire life savings, Rs. 36 lakh playing online games like Free Fire on phone. Know how not to make the same mistake. A shocking incident has resulted in a 16-year old Hyderabad boy losing Rs. 36 lakh, his family’s entire life savings, playing online games on his phone like Free Fire gaming app. This adds to the already long list of similar incidents where people, addicted to online games, end up in major…

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…