Gaming – Page 2 – storyboard18

Dream Sports Foundation partners with MSSA to grow Mumbai as a sports hub

DSF will help MSSA promote fitness and discipline among thousands of school going students in Mumbai while enhancing the quality of their existing championships

The collaboration will span across 20 sports with a focus on Hockey, Football, Cricket, Athletics, Table Tennis and Badminton.

NODWIN Gaming secures Rs 64 Crore investment from Nazara Technologies; valuation reaches Rs 3441 Crore

Platforms like Netflix, Amazon, and even LinkedIn are embracing gamification.

In addition to Nazara, Krafton, JetSynthesys and Sony Group are existing shareholders in NODWIN Gaming.

Nazara announces five investments totalling Rs 196 crores

Nazara will invest Rs 148 crores in its existing subsidiaries including Sportskeeda, Nodwin Gaming, and Datawrkz to increase its ownership in them and support their growth.

Nazara has expanded into physical entertainment with the acquisition of a 60% stake in Funky Monkeys Play Centers Private Limited, which focuses on indoor soft play centers for children, for Rs 43.7 crores.

Is Rummy a sport? SOGF fuels debate on skill vs chance in gaming

Skillhub Online Gaming Federation (SOGF) has initiated efforts to promote Rummy—a card game—as a competitive sport.

In September 2024, the Bombay High Court heard a Public Interest Litigation (PIL) seeking to ban online Rummy platforms, such as Junglee Rummy and RummyCircle, in Maharashtra.

NODWIN expands portfolio; acquires Trinity Gaming at Rs 24 crores

Platforms like Netflix, Amazon, and even LinkedIn are embracing gamification.

As part of this transaction, the founders would become shareholders of NODWIN Gaming and continue to lead the business going forward.

Storyboard18 Impact: ASCI to report B4U Music’s betting ad to MIB

Storyboard18 reached out to Santosh Garg, Director of B4U Network Limited, for a comment, but he declined to respond.

Additionally, B4U Television Network India Limited has blacklisted the marketing agency that paid for the advertisement’s telecast.

Tamil Nadu’s online gaming rules to float next month

The TNOGA, established last year, has recommended that online gaming be prohibited between midnight and 5 a.m., with a daily play limit of four hours and each session restricted to two hours.

Stakeholders demand that video games should also be regulated by Tamil Nadu Online Gaming Authority (TNOGA) and be given equal treatment as Real Money Gaming

DPIIT and WinZO launch Center of Excellence to nurture gaming startups

The Department for Promotion of Industry and Internal Trade (DPIIT) has entered into a strategic partnership with WinZO for a two-year Memorandum of Understanding (MoU) to accelerate the growth of India’s interactive entertainment sector by fostering innovation, creating skilled talent, and scaling startups to compete on a global stage

India’s interactive entertainment sector is projected to grow to $60 billion by 2034, creating over 2 million jobs.

Misleading advertisements plague video gaming industry, ASCI to probe

According to research by Newzoo, 72% of individuals aged 35-54 and 46% of those aged 55 and older play video games at least once a week.

Despite gaming’s 3.4 billion audience and significant cultural impact, in-game advertising investment remains slow.

No further consultations: TN online gaming authority set to enforce strict rules for RMG industry

The TNOGA, established last year, has recommended that online gaming be prohibited between midnight and 5 a.m., with a daily play limit of four hours and each session restricted to two hours.

Storyboard18 was the first to report that N. Muruganandam, Chief Secretary of the Tamil Nadu government, had hinted at regulating certain games, citing concerns over the growing addiction to online gaming among children and its harmful effects.