Led by Rajeev Chandrasekhar, Minister of State for the Ministry of Electronics and Information Technology, MeitY held a very meaningful & successful consultation with children, parents, teachers, esports athletes, gamers, and safety and trust organizations on the proposed amendments to the IT Rules 2021 in relation to online gaming on …
Read More »GMR Sports To Buy Stake In Gaming Startup Fantasy Akhada: Source
GMR Group entity, GMR Sports is in talks with Fantasy Akhada to buy a significant stake at a valuation of USD 160 to 175 million (INR 1,300 to 1,400 crore), as per a media report. GMR is likely to top up in the subsequent rounds, buying out some early backers …
Read More »Centre Proposes Self-Regulatory Mechanism, Due Diligence For Gaming Companies
On 2nd January 2023, the government of India proposed a self-regulatory mechanism, including the mandatory verification of players and physical Indian addresses for online gaming companies, as per the draft online gaming rules. Now, online gaming companies will come under the new IT rules that were issued back in 2021 …
Read More »GIGABYTE expands Range Of Intel 12th Gen Gaming Laptops With The GIGABYTE G5
Global leaders in the PC components and laptop market, GIGABYTE announces the launch of the newest addition to their line of gaming laptops equipped with Intel 12th Gen CPU in India, the GIGABYTE G5 series. The new range of laptops provides a seamless gaming experience thanks to the Nvidia RTX …
Read More »Monetization Issues for Game Developers In India: An Opinion
In 2015, India saw the rollout of 4G and along with it, increased penetration of affordable yet powerful smartphones. Internet penetration in India has also been increasing on the back of affordable internet tariffs post the Jio revolution. There were only 200 million mobile internet users in 2016 and this …
Read More »Upcoming Trends That Will Shape Up Skill-Based Casual & Board Gaming Industry In 2023
Augmenting traditional board games with skill and making them inherently skill-based has made a strong case for online gaming to emerge as an alternative and meaningful source of entertainment for players. The intersection of human behaviour with technology has led to the exponential rise of skill-based casual and board games …
Read More »Predictable & Progressive Taxes Needed For Gaming: Suggest Experts At Think Change Forum
An independent think tank, Think Change Forum (TCF), released recommendations based on a roundtable on “What is the right taxation approach for a sunrise sector like Online Skill-Based Gaming?”. The event had five eminent panellists, namely, Rohan Shah (Senior Counsel Supreme Court); Trivikraman Thampy (Online Games Entrepreneur, Founder-CEO Games24x7); Swapan …
Read More »Centre Appoints MeitY As Nodal Ministry For Indian Online Gaming Industry
The entire Indian gaming industry is at a pivotal point now. The government of India has finally made the crucial distinction between esports and online gaming. This is a welcome move by the government as it will not only offer much-needed clarity, but it will also allow the two sectors …
Read More »Centre Officially Recognises Esports As Part Of Multisport Events
“e-Sports as part of multi-sports events.” That’s how the Indian esports community got its year-ending present from the Ministry of Youth Affairs and Sports. As per The Gazette of India notification from the Cabinet Secretariat, esports is now to be considered as part of multi-sports events. This directive is to …
Read More »Gaming Industry Trends In 2023: An Opinion
The impact of COVID, though debilitating for most businesses, led to the rapid growth of the gaming industry. The period was difficult, but it has allowed the gaming sector to evolve faster than ever before. The ongoing technological advancements have improved the way games are made and the way player …
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