gaming – Page 2 – storyboard18

India’s gaming industry set to reach $4.5 billion by 2025, reveals AIGDF survey

As esports organizations continue to mature into hybrid creators-marketers-broadcasters, the line between “agency” and “org” blurs.

The global video gaming market, currently valued at $199.74 billion in 2022, is projected to grow to $307.19 billion by 2029, at a 6.3% CAGR.

Quick Commerce or Quick cash? Zepto’s promotion of illegal betting firm Parimatch

Flyer of illegal betting platform Parimatch sent by Zepto to customers, hoarding at Poonamallee High Road in Tamil Nadu.

Zepto not only promoted Parimatch but also went as far as including flyers in customer orders, essentially delivering gambling ads straight to people’s homes.

Aadhaar Authentication impossible, gaming companies tell Madras High Court

Several online gaming companies have already begun implementing TNOGA’s regulations as of March 26. The state government had previously extended the deadline for compliance by six weeks, allowing companies additional time to adjust their operations.

The court questioned whether the regulations could genuinely be deemed arbitrary or excessive, especially considering the potential harm caused by real-money gaming.

Centre blocks 1,410 illegal gaming sites in 2024: Ashwini Vaishnaw

India currently lacks dedicated AI laws, but the government is working on guidelines and frameworks to regulate AI-related crimes.

According to Primus Partners, the Indian online gaming industry’s revenue is expected to reach $2.4 billion by FY2029.

Supreme Court restores petition seeking ban on opinion trading apps

The Supreme Court will finally begin hearing the much-anticipated case on May 5 involving show-cause notices issued to some of India’s biggest online gaming companies.

Recently, the Confederation of All India Traders (CAIT) formally appealed to the Indian government, urging a ban on opinion trading apps and websites.

FIR filed against 25 celebrities, including Rana Daggubati & Vijay Devarakonda, for promoting illegal betting apps

This development is expected to spark major controversy in the Telugu film industry, especially since it follows the recent arrest of actor Allu Arjun.

The FIR was lodged at Miyapur Police Station in Hyderabad on March 19, following a complaint by 32-year-old businessman Phanindra Sarma.

Haryana govt introduces Bill to combat sports fraud and public gambling

Haryana cracks down on gambling

According to the Bill, individuals found guilty of match-fixing or spot-fixing in sports will face imprisonment for at least three years, extendable up to five years, and a fine of up to Rs 5 lakh

Govt cracks down on online gambling, bans over 1,000 websites in 2024: Ashwini Vaishnaw

Vaishnaw emphasized that the central government takes prompt action whenever violations come to its notice, ensuring all measures align with the Constitutional framework

Ashwini Vaishnaw revealed that a total of 1,097 betting and gambling websites were blocked in 2024.

Karnataka unveils India’s first industry-led digital detox initiative

As per shareholding data post-investment, Play Ventures will hold 3.38%, Countryside Ventures 4.46%, Gameskraft Technologies 2.12%, and Kalaari Capital 6.35% of the company.

Launched by Karnataka’s IT & BT Minister Priyank Kharge at GAFX 2025, the initiative seeks to raise awareness about excessive digital consumption and integrate digital wellness into mainstream healthcare.

Indian Gaming Federations unite to enforce responsible gaming; signs Code of Ethics

As per shareholding data post-investment, Play Ventures will hold 3.38%, Countryside Ventures 4.46%, Gameskraft Technologies 2.12%, and Kalaari Capital 6.35% of the company.

The CoE has been created based on global best practices and lays down a strong framework for responsible gaming such as age-gating, adopting stringent KYC and enabling user-set spending limits & self-exclusion.