Despite the Supreme Court's backing of online games of skill, confusion still exists in regards to its status. It's time to unshackle this rising sector from the inclination that exists against it. The autonomy of misconstruing the socio-economic role of this sector is positively detrimental to its development potential.
Throughout recent ... Read More
24
Jun2022
23
Jun2022
The online skill gaming body AIGF has recommended the Rajasthan government to extend the scope of its draft law for virtual sports to bring various formats of online skill-based games like rummy and poker under the regulation.
The All India Gaming Federation (AIGF), in response to the Rajasthan Virtual Online Sports ... Read More
22
Jun2022
In a cash-based deal, online gaming platform WinZO has acquired a majority stake in Gurugram-based startup Upskillz Games.
With this acquisition, WinZO will add Upskillz's blockchain and Web3 contributions to its platform. Moreover, it will likewise add Upskillz's 1.3 million engaged user base to its platform.
Both the gaming startups will team ... Read More
08
Jun2022
The public authorities are supposedly working on fostering a national framework for online gaming platforms to direct them without dialing back their growth rate.
As per an ET report, the Ministry of Electronics and Information Technology (MeitY) held a gathering with 40 online gaming platforms, including gaming unicorns like Mobile Premier ... Read More
07
Jun2022
Video game streamer and content maker Magsplay, also known as Mansi Gupta, spent around 6-7 hours playing games, for example, PUBG during the lockdown, and in the end, chose to begin her channel, which is a combination of video gaming and lifestyle content. Magsplay has collaborated with enormous brands like ... Read More
02
Jun2022
Uncharted, Evil Dead, Overwatch, Genshin Impact... these are not Hollywood movies, but rather online games that give you a high adrenaline rush each time you jump into them. Consistently, the number of online gamers in India floods because of the prevalence of these outwardly captivating, heart-beating games.
According to EY research, ... Read More
30
May2022
In an industry that is intensely experiencing a need to feel superior because of selfish business matters and the absence of a unified front, the central government is a welcome move, it wants to set up a high-level inter-ministerial task force to bring some order to the online gaming sector.
The ... Read More
30
May2022
Soon, 5G services will be launched, and it is set up to broadly transform the industrial and manufacturing situation in India. Ports, airports, oil and gas explorers, and makers, among others, are anticipating the rollout of 5G services as they embrace digitization.
Not only large industries in the manufacturing and infrastructure ... Read More
28
May2022
India's transition to set up an inter-ministerial board to study guidelines for skill-based online gambling has been invited as a "positive step" for the expanding industry.
The seven-member board incorporates secretaries of home affairs, income, industries and internal trade, electronics and IT, information and broadcasting, sports, and think tank Niti Aayog. ... Read More
26
May2022
Mr. Anindya Ghose is Chair Professor of Business at New York University's Leonard N. Stern School of Business, where he holds a joint appointment in the IOMS and Marketing divisions. He is the writer of TAP: Unlocking The Mobile Economy, which is a two-fold victor in the 2018 Axiom Business ... Read More