RMG firms to MIB: Stop betting sites from promoting through outdoor ads

A research report titled The Effectiveness of Tobacco Disclaimers on OTT Content Services by Koan Advisory Group, published in May 2023, found that OTT content does not significantly influence smoking habits in India.

Numerous gambling platforms, including 1xBet, Parimatch, Betway, and DafaBet, have been advertising heavily on billboards and cabs across major cities like Delhi, Mumbai, and Bengaluru.

High taxes and policy uncertainty drive Real Money Gaming operators offshore

Recently, the Open Network for Digital Commerce (ONDC) onboarded RMG platforms to its network, creating a mutually beneficial situation.

Real Money Gaming (RMG) was the largest contributor to the gaming sector in India, comprising 83-84% of overall revenue in FY22, according to a report by Grant Thornton Bharat titled Guardians of Safe Play: Ethical Gaming for Vibrant Bharat.

IPL 2025 mega auction set for Riyadh amid scheduling challenges

Reports suggest that BCCI officials have already conducted preliminary visits to Saudi Arabia to assess potential venues for the auction.

All franchises finalize retained players as focus shifts to Riyadh for the highly anticipated auction on November 24-25.

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Categorized as Gaming Tagged

PM Modi highlights Indian animation growth, praises ‘Chhota Bheem’ on Mann Ki Baat

The Prime Minister praised India's animation studios for partnering with global giants like Disney and Warner Bros., creating original content that showcases Indian culture on the world stage. (Image source: World Bank Live)

In ‘Mann Ki Baat,’ Prime Minister Modi praises Indian animation and calls on youth to innovate in the booming animation and gaming industries.

EGF collabs with MIB to launch City Quest

The game launched by Anuraag Saxena, CEO, is designed to celebrate and educate players about Bharat's diverse urban landscape and development.

The game is aligned with Prime Minister Narendra Modi’s vision around urban planning determining the fate of our cities in Amrit Kaal.

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Categorized as Gaming Tagged

Indian online gaming sector faces threat from money laundering, reveals Digital India Foundation report

Incubators serve as a platform for young game developers and studios, providing critical resources like game development tools, testing environments, and infrastructure. Specialized gaming incubators can guide these startups on creating video games for local and global markets, helping them overcome entry barriers and thrive.

The Indian Real Money Gaming (RMG) sector has become a key player in the global market with a CAGR of 28% from FY20 to FY23 and its projected revenue is set to reach $7.5 billion within next five years.

IESF, SOGF bet big in India, proposes to establish self-regulatory esports body

The IESF, which includes 146 member countries, including India in collaboration with SOGF will host the International Esports Masters in India, scheduled for March 2025.

Storyboard18 had first reported about the meeting of Boban Totovski, General Secretary of the IESF, and Shankar Aggarwal, President of the SOG Federation with Minister of Youth Affairs and Sports