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By Team Marcomm |Nov 30, 2023
Read Avik Sarkar's views on India's online gaming industry, which is growing rapidly yet faces regulatory challenges. While 507 million Indians engage with gaming platforms, many confuse legitimate sites with illegal gambling operations due to a lack of clear regulations and enforcement. The industry, projected to grow from USD 2.6 billion in 2022 to USD 8.6 billion by 2027, is creating significant job opportunities. However, the absence of self-regulatory bodies (SRBs) leaves users vulnerable to fraud. The Ministry of Electronics and Information Technology (MeitY) has proposed rules for a safer gaming ecosystem, but the finalization of SRBs is essential for protecting users and supporting industry growth.