Gaming – Page 12 – storyboard18

Kerala police issues notice to Google, Meta over gambling advertisements

The investigation centers on a series of ad campaigns aimed at promoting Instagram, Meta's social media platform, to teenagers.

Storyboard18 broke the news on Tuesday about Meta’s policy to allow alcohol and gambling advertisements on their platform.

India’s AVGC industry faces a 2.3 mn talent gap

Karnataka aims to serve as the epicenter for innovation, research and development in the gaming sector. It will house state-of-the-art facilities such as high-performance computing clusters, simulation labs and testing zones to support all aspects of game development from concept to deployment. (Image source: Moneycontrol)

Currently, there are 260,000 AVGC professionals scattered across India, primarily clustered in about 11-12 cities.

EXCLUSIVE: E-Gaming Federation meets MHA, submits details of 34 companies for banning

In December last year, The Centre has blocked a total of 581 apps so far and out of these, there were 174 betting and gambling apps and 87 loan lending apps.

In past six months, the gaming federation has reported over 250 illegal gambling and betting websites and apps to the government

Jay Shah set to become youngest ICC Chairman, replacing Greg Barclay

Jay Shah's participation aligns with a precedent set by former ICC chairman N. Srinivasan, who attended BCCI meetings during his tenure in 2014-2015.

BCCI Secretary Jay Shah, with strong backing from England and Australia, is poised to become the International Cricket Council’s youngest chairman, replacing incumbent Greg Barclay in December 2024.

‘Many RMG startups in India on the verge of shutting down business’, says CEO of Winzo

Paavan Nanda, CEO and Co-Founder, WinZO discusses GST challenges, lower developer salaries and production costs in India compared to Western countries, India's gaming industry shifting from being an importer to an exporter.

Revenue growth for RMG players stalled while few other companies are experiencing de-growth, says Paavan Nanda, CEO and Co-Founder, WinZO.

Meghalaya becomes first Indian state to sponsor an esports team

Additionally, Telangana is likely to be the first state to introduce comprehensive esports policies.

Meghalaya’s vision includes developing esports infrastructure, hosting tournaments, and providing comprehensive support to players, with the aim of bringing them to the forefront and representing Meghalaya, and India, on the global stage, including in future esports Olympics.

PM Modi acknowledges game devs, ignores RMG players

Prime Minister in April last year met India's top gamers and gaming content creators. He was seen interacting with gamers and shared how gaming industry is taking centre stage.

However, it should be noted that there was no respite given to Real Money Gaming players in the market.

Breaking: Entity Gaming shuts business operations in India

Recently, Entity Gaming secured second position in the ongoing BGMS 2024 tournament held by Nodwin Gaming. The team won a prize pool of Rs 15 Lakh.

Entity Gaming was associated with multiple top brands in India, such as HP, Intel, Oppo, and HyperX, among others.

India’s digital dilemma: Balancing growth with gaming governance

Nirupama Soundararajan, Co-Founder and Partner, Policy Consensus Centre

If illegal betting and gambling is brought under the purview of PMLA, authorities would have greater power to investigate financial transactions, trace illicit proceeds, and impose suitable penalties on those involved, writes Nirupama Soundararajan, Co-Founder and Partner, Policy Consensus Centre.

Nazara acquires UK based Fusebox Games for Rs 228 crore

Nitish Mittersain, Founder & CEO of Nazara said, “We see a large opportunity in building an IP based global gaming business that benefits from our core base in India where we can support global studios through enhanced user acquisition strategies, data analytics, live operations and new initiatives such as implementing our in-house AI playbook.

Popular IP based games of Fusebox to boost Nazara’s core gaming segment