The Ministry of Electronics and Information Technology (MeitY) on April 6, informed the amendments to the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021, for online gaming.
Recently, Finance Minister Nirmala Sitharaman stated that gamers will pay a 30% tax on their yearly rewards. This comes after challenges ... Read More
11
Apr2023
11
Apr2023
A young India, with more than half of the 1.4 billion people below the age of 40, is asking for growth and change. The government is piloting the economy through three key pillars—digital technology, infrastructure, and sustainability.
It is through this lens that the recent rules by the Ministry of Electronics ... Read More
06
Apr2023
Redseer Consulting has assessed that in this IPL season, the Gross Gaming Revenue (GGR) from fantasy sports could go up to Rs 2,900 - 3,100 crore with a growth rate of 30-35% from 2022.
The number of transacting users in this IPL season is supposed to be around 68 million, a ... Read More
05
Apr2023
A recent interview with Mr Ankur Singh, Founder and CEO of Witzeal Technologies a gaming company that is disturbing the online pay-to-play gaming industry in India.
Below are the insights.
How has the journey been from being bootstrapped to being profitable? How did you overcome the initial challenges?
I come from ... Read More
05
Apr2023
Adda52's annual poker championship - Adda52 Champions Leaderboard (ACL) 2.0 - successfully ended recently. The second season of the championship 'ACL 2.0' was won by a Goa-based attorney Ram Kakkar.
Ram Kakkar, who took an Adda52 contract worth INR 20 lakhs, will join the current three Adda52 game ambassadors and will ... Read More
05
Apr2023
India is one of the world's quickest developing economies. With a populace of almost 1.4 billion out of which half of India's populace is under the age of 40 years. India has set out a way to change its economy through three fundamental pillars — digital technology, infrastructure development, and ... Read More
05
Apr2023
Online gaming platform Mobile Premiere League (MPL) released its new ad starring Indian cricketer Virat Kohli with the motto “Darr Ko Hatao, Bada Khel Jao” meaning play without worrying about cheaters.
In the ad film, the Indian cricketer was uncovering various duplicates of him as a cheater. Virat, who is additionally ... Read More
04
Apr2023
Those needing some activity apart from the TV showing the 16th edition of the Indian Premier League (IPL), which started last week, can flaunt their skills on fantasy sports platforms. Furthermore, going by the sheer frenzy of activity, from increased investments to the arrival of new players in the online ... Read More
04
Apr2023
Pay-to-play gaming and esports have become well-known in recent years because of the accessibility of modest mobile internet and the penetration of smartphones.
With the ascent of fantasy sports and other pay-to-play gaming products, the industry has turned into a major contributor to the Indian economy, generating employment and getting billions ... Read More
30
Mar2023
For quite a long, players in Pay-to-Play Gaming roped male entertainers as their brand ambassadors like Hrithik Roshan, Salman Khan, Shahid Kapoor, Shahrukh Khan and so on who have been featured on different platforms.
Thus, the segment has been ruled by males for a long while now
Nonetheless, a fascinating way to ... Read More