gaming – Page 5 – storyboard18

Govt intensifies surveillance on Chinese companies masquerading as RMG operators

Homeaffairs

Chinese apps and websites are under the govt’s scanner over money laundering suspicions, posing a potential threat to national security and contributing to gambling addiction among citizens.

RMG players sidelined by MIB for WAVES, seek equal treatment

MIB advisory, issued on April 22, references a Delhi High Court order which underscores the importance of making digital content accessible to PwDs.

The WAVES 2025 will be held from February 5–9 in New Delhi, focusing on four key pillars: Broadcasting & Infotainment, Digital Media & Innovation, AVGC-XR, and Films.

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

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.

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

Social media influencers under ASCI’s radar for next two quarters

For brands, cookies facilitate targeted ads, better engagement, and improved ROI.

Steep rise in violations of ASCI guidelines by influencers for promoting cryptocurrency and illegal betting companies.

Nazara announces five investments totalling Rs 196 crores

ReelSaga targets India's mobile-first youth with short, serialized video series. The app will offer bite-sized entertainment, with episodes lasting one to two minutes, and monetize through per-episode microtransactions and subscription options for high-spending users.

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

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.

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

Tamil Nadu’s online gaming rules to float next month

Senior Counsel C Aryama Sundaram, representing the petitioners in earlier hearings, asserted that the Tamil Nadu government lacks jurisdiction to legislate in this domain.

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.