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Business of esports: Is India ready to invest in its potential?India is becoming a significant player in the global esports market, with 568 million gamers and over 9.5 billion gaming app downloads in 2...- TN law to place time, user curbs on all online gamesTamil Nadu is considering a law to regulate online and real money games, with restrictions on playtime and usage, mirroring the central gov...
- How much do top Indian gamers earn? Their income revealed on Zerodha founder's podcastIndia's gaming industry, discussed by 8bit Thug on Nikhil Kamath's podcast, shows both promise and challenges. Top gamers earn well, but ma...
- Online gaming continues to grow, but GST change to “moderate” monetisation: reportAccording to a report from real money gaming (RMG) firm Winzo and non-profit firm Interactive Entertainment and Innovation Council, India c...
- Playing on Numbers: Making sense of India’s gaming boomOver the past three years, the online gaming industry has grown at a CAGR of 28 per cent, reaching Rs 16,428 crore in FY23 and is likely to...
- VC firm Lumikai cuts growth projection for India’s real-money gaming segmentThe share of RMG in the Indian gaming market, which today is nearly 60%, could reduce to 32% by fiscal 2028, said the State of India Gaming...
- Real-money gaming companies’ executives look to meet govt officialsThey feel the decision will significantly shrink industry size; seek meetings with MoS IT, revenue secretary this week
- Ministers' panel may recommend 28% GST on online gaming, tweak in calculation methodThe Group of Ministers (GoM), chaired by Meghalaya Chief Minister Conrad Sangma, had in its earlier report submitted to the Council in June...
- GST law panel working on definitions of games of skill, chanceAccording to sources, the GST Council's Law Committee, which met in Bengaluru on Saturday, discussed the issues concerning definition for '...
- Online gaming task force may set spend limits in frameworkThe draft regulations are likely to be finalised over the next month and will then be brought out for public consultation, they said.
- Government forms inter-ministerial panel to regulate online gamingThe seven-member panel includes government think-tank Niti Aayog's CEO as well as secretaries of home affairs, revenue, industries and inte...
- Social media influencers’ incomes on the riseIt’s raining collaborations on Instagram for 24-year-old Vaishnavi Nalbalwar, who shifted six months ago to Pune from Raigarh. Though Nalba...
- Intel's first foray into metaverse will be software to use others' chipsIntel says that for its first foray into metaverse, it is working on software that will help laptops tap into computing power from other de...
- Microsoft-Discord acquisition deal said to be off the tableDiscord wants to focus on building the chat platform and making money from its user base that has grown quickly during the pandemic. A publ...
- Tencent's Timi gaming studio generated $10 billion in 2020, sources sayThe $10 billion would make Timi the world's largest developer, the sources say. It also provides a hefty basis for its ambitions to move be...
- Real-money gaming firms make a bigger betCard-based games such as rummy and poker, from companies such as Adda52, RummyCircle and Ace2Three, were part of the first wave of realmone...
- Virtual gifting economy is fast picking up in India, but it comes with pitfallsThe virtual gifting economy is picking up in India. But the monetisation model comes with its pitfalls.
- Allow FDI, legalise betting, gambling: Gaming federation to governmentAIGF urges the central and state govts to relax rules and allow FDI in the sector.
- Gaming co Zynga trains eyes on India to target women gamersThe San Francisco-based gaming company Zynga is developing a game in India to target Indian audience, specifically the increasing number of...
- Hindi movie-based games turn popular in mobile app storesThe Krrish 3 game, launched a few months ago, rose up the charts at Android and Apple app stores recently with over 2 million downloads glo...
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