![]() Maple Capital Advisors in its piece titled ‘Gaming - India Story’, states the Indian industry is expected to grow nearly 40% annually, with a market value set to value $3750 Million by the year 2024. India’s soaring gaming industry is valued at $930 Million and is number one in the world. Some reasons for the industry to flourish are better connectivity, the attraction of youth, real-money making incentive, cloud gaming made possible through Gaming-As-Service, Platform-As-Service affordability of smartphones, artificial intelligence and data analytics, advertising, and of course, effects of pandemic amongst a few others. ![]() However, there has been a paradigm shift towards adapting to the digital world. India, as a culture, is more outgoing and we, Indians as young kids, have always been the ones to play outdoors. Playing games online has been around for a long long time but we would mostly see this in the West. Online Gaming – a rising industry in India This article is going to highlight the cause and effect of banning online gaming in the state of Tamil Nadu. Since then, the government has been minutely keeping track and projecting the circumstances, and therefore, a lot of developments have taken place recently in regulating online games like fantasy sports, rummy, poker, etc. Owing to a considerable number of people turning to game as a means of socialising the need to interact and just having fun amidst the pandemic soon turned into addiction and citizens started betting money on games, turning online gaming into an element of gambling. ![]() The COVID-19 lockdown has helped to accelerate the adoption of online gaming in the Indian market this phase has further, changed the perception of gaming as a means of entertainment. Online Gaming is a budding sector in India and has shown dynamic growth on account of the increase in wireless internet and smartphone users. Online Gaming – a rising industry in India. ![]()
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