Google may roll out a new service fee model; Real money games to feature on Play Store from June – Technology News

Google may roll out a new service fee model; Real money games to feature on Play Store from June – Technology News

Google’s move to relax its Play Store policies to allow more real-money games on its app marketplace will throw open the market for gaming companies. Beginning June, the tech giant will onboard other categories of real-money games, other than fantasy and rummy. The development will benefit real-money gaming companies like WinZo, MPL, among others, who …

Read more

Disney star: Disney star unveils sponsorship line-up for ICC World Cup 2023; on-boards 26 sponsors

Disney star: Disney star unveils sponsorship line-up for ICC World Cup 2023; on-boards 26 sponsors

As the ICC World Cup 2023 approaches, Disney Star on Wednesday revealed its 26 sponsors, featuring prominent brands including — PhonePe, Mahindra and Mahindra Ltd, Dream11, Hindustan Unilever, Coca-Cola, Havells, IndusInd Bank, Pernod India, Booking.com, Peter England, Kingfisher Packaged Drinking Water, Mondelez, Emirates, Diageo, Jindal Panther, MRF Tyres, LendingKart, BPCL, Herbalife, Haier Appliances, AMFI, Google …

Read more

Swadeshi Jagran Manch Pushes for Limits on Entry Fees for Online Games, Plans to Approach Government

Swadeshi Jagran Manch Pushes for Limits on Entry Fees for Online Games, Plans to Approach Government

The Swadeshi Jagran Manch, an influential group in the country, will push for limits on entry fees for players of paid online games, potentially turning up the heat on a multi-billion-dollar industry that is preparing to lobby against tougher rules. The growing popularity of real-money games, driven by backing from top figures in cricket, a …

Read more

Government Said to Plan Regulation of All Real-Money Online Games, to Include Games of Skill and Chance

Swadeshi Jagran Manch Pushes for Limits on Entry Fees for Online Games, Plans to Approach Government

India’s forthcoming regulations for online gaming will now encompass all real-money games, as opposed to solely regulating games of skill and excluding games of chance, as initially proposed. This decision emerged after the prime minister’s office intervened, as stated in a government document and confirmed by three sources. These long-awaited regulations are expected to shape …

Read more

Gaming sponsors brace for impact amid GST turmoil

Gaming sponsors brace for impact amid GST turmoil

With the upcoming ICC Men’s Cricket World Cup in India, this year holds great importance for sports-related advertising. However, the gaming industry is facing uncertainty due to the potential imposition of retrospective tax and the impact it may have on the budgets of gaming companies. According to filings with the corporate affairs ministry, the top …

Read more

Gaming Firms at Risk as India’s Online Gaming Tax Hampers Foreign Investment, Potentially Endangering $2.5 Billion Investment

Gaming Firms at Risk as India’s Online Gaming Tax Hampers Foreign Investment, Potentially Endangering .5 Billion Investment

Online gaming companies in India have expressed concern over the new 28 percent tax imposed on them, stating that it will hinder foreign investment and put $2.5 billion (roughly Rs. 20,500 crore) of existing investments at risk. Over 100 gaming firms have written a letter to India’s finance ministry, urging them to reconsider the tax. …

Read more