Online Gaming – Page 5

High taxes and policy uncertainty drive Real Money Gaming operators offshore

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

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.

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.

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

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.

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.

Govt advocates for gamification in school curriculum to boost learning

Union Minister of State for Education Sukanta Majumdar

‘Gamification can revolutionize traditional learning methods by making education much more attractive for students, making complex subjects more accessible and engaging for students and encouraging critical thinking,’ Union Minister of State for Education Sukanta Majumdar said

DGGI will shake hands with foreign govts to crack whip on offshore gambling firms

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

This move will curb tax evasion in the online ‘gaming’ sector in India and will also help block websites of such notorious illegal offshore entities.

‘Not hyping to raise funds, investors are not dumb,’ says SuperGaming Founder

According to Tracxn, SuperGaming has raised a total of $6.8 million over three rounds, with the first round of funding on November 12, 2019.

The Pune-based gaming studio is backed by investors including Bandai Namco, Akatsuki Entertainment Technology Fund, Skycatcher, BAce Capital, and Dream Incubator.

DGGI investigating 658 gambling companies, reports Rs 82k crore tax evasion by online ‘gaming’ companies

Haryana cracks down on gambling

Meanwhile, the GST department has collected Rs 2,675 crore from 574 offshore entities offering digital services to Indian entities in FY24.

Microsoft lays off 650 Xbox employees; cites cost cutting, integration efforts

In May, Xbox decided to shutter four studios acquired as part of its $7.5 billion purchase of ZeniMax

This would be the third layoff cycle of this year after Microsoft’s Xbox unit cut 1,900 jobs in January, mostly from Activision units and studios.

Tamil Nadu examining Australia-like gaming policy, video game industry tight-lipped

TNOGA Chairman Mohammed Nasimuddin stated that preliminary survey analysis suggests that about 20 percent of students in the state are addicted to online games.

During one of the consultative processes, the Tamil Nadu government clarified that they do not differentiate between the video game and RMG industries.

India should adopt online gaming policies like UK, EU: GNLU

India's gaming industry is second-largest after China with the community comprising 500 million gamers

GNLU has also recommended that India should adopt a regulatory framework that mandates operators to incorporate limit-setting features for users