Synopsis
Not many businesses in India have been at the centre of controversies like online gaming. From the question of whether a game is skill or chance based to varying interpretation of rules in different states, the online gaming industry is facing several challenges. To unlock the true potential of the segment, a common set of pan-India rules is necessary.
In mid-September, Mobile Premier League (MPL) became India’s second gaming unicorn, raising funds from investors led by Legatum Capital at a valuation of USD2.3 billion. A few weeks later, even as investors were celebrating the phenomenal growth of the three-year-old startup, Karnataka banned the country’s first gaming unicorn, Dream11, for ‘promoting gambling’.Clearly, a cat-and-mouse game is underway in one of India’s fastest-growing
BY
ET Prime
- FONT SIZE
AbcSmall
AbcMedium
AbcLarge
Sign in to read the full article
You’ve got this Prime Story as a Free Gift
₹399/month
Monthly
PLAN
Billed Amount ₹399
₹208/month
(Save 49%)
Yearly
PLAN
Billed Amount ₹2,499
15
Days Trial
+Includes DocuBay and TimesPrime Membership.
₹150/month
(Save 63%)
2-Year
PLAN
Billed Amount ₹3,599
15
Days Trial
+Includes DocuBay and TimesPrime Membership.
Already a Member? Sign In now
THE GREAT DIWALI OFFER
GET FLAT 30% OFF
ON ET PRIME MEMBERSHIP
Get Offer
Why ?
Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors
Stock analysis. Market Research. Industry Trends on 4000+ Stocks
Clean experience with
Minimal AdsComment & Engage with ET Prime community
Exclusive invites to Virtual Events with Industry Leaders
A trusted team of Journalists & Analysts who can best filter signal from noise
For all the latest Technology News Click Here
For the latest news and updates, follow us on Google News.