In 2023, the global gaming industry generated an estimated $188 billion in revenue.
Category: Gaming
Union Govt has not worked even handedly with states on gaming sector: TN IT Minister
During an event in Hyderabad, IT Minister of Tamil Nadu, Dr. Palanivel Thiagarajan told Storyboard18 that gaming-specific policies and decisions should be apolitical. He also shared of working on the modified policy for real money gaming ban.
GDAI signs MoU with FICCI to streamline gaming policies, sector growth
GDAI has also signed MoUs with the states of Rajasthan and Sikkim to enhance game development, align policy initiatives, and drive innovation.
EXCLUSIVE: Telangana govt to form separate e-sports policy, confirms IT Minister
Confirming Storyboard18’s article on Telangana planning for India’s distinct esports policy, Telangana IT Minister, D. Sridhar Babu shared that industry stakeholders have already shared respective suggestions on the same.
EXCLUSIVE: AVGC 2.0 policy to be implemented by January’25: Telangana IT Minister
Telangana IT Minister, D. Sridhar Babu told Storyboard18 that AVGC 2.0 would be more attractive for start-ups and for innovation, at an event. He also said that responsible gaming and ethical considerations will be kept in mind while framing the policy.
India’s sports ecosystem to grow double its GDP at 14% CAGR, reveals Google-Deloitte report
The sports goods and apparel market is expected to double in value to $58 billion by 2030.
Gaming can help India’s share in global M&E sector climb to 4%: Sanjay Jaju, MIB
Addressing the gaming community and stakeholders at an event, Sanjay Jaju, Secretary, Ministry of Information and Broadcasting, talked about how the ‘sunrise’ sector has the potential to create jobs, fund start-ups and build enterprises.
EXCLUSIVE: India’s gaming industry gets clarity, RMG sector to be regulated by MeitY
The longstanding demand to differentiate between entertainment-focused gaming and pay-to-play gaming has finally been addressed by the government of India.
Casual and hypercasual games: IAP up 10%, ads steady
47% of users are ad-tolerant to avoid paying for subscriptions with preference for micro-transaction based in-app purchases.
Global Esports defies odds to become India’s first profitable esports organization
Despite decline in brand sponsorships and game publisher interests, GE’s profitability shows green shoots and the revival of esports industry in the country.