In India, the esports ecosystem revolves around two major game titles, Krafton’s Battleground Mobile India (BGMI) and Riot Games’ first-person shooter (FPS) game Valorant. Valve’s Counter-Strike 2 has yet to make a significant impact.
Author: Imran Fazal
Indian gaming consortium writes to PMO, I&B Ministry seeking tax relief and clear classification
The consortium has made 10 suggestions to the newly formed government which includes reducing the GST on video games to a 12% bracket to promote sustainability and better cash flow for game companies, exempt import/customs duties, IGST, and any cess for proprietary hardware development kits used for testing and developing video games.
EXCLUSIVE: Ampverse Shuts 7Sea Esports; Founder says ‘can’t see growth trajectory in India’
Currently, 7Sea Esports has shut down its operations in India.
Epic Games CEO to fight against Apple’s app store policies
Epic has been fighting Apple for years over the company’s revenue-sharing requirements in the App Store. While Epic’s antitrust lawsuit against Apple was defeated last year, many of its criticisms were echoed in a different lawsuit filed against Apple in March by the Department of Justice and 17 state attorneys general.