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Gaming Industry
Majority of Indians now pay for accessing content online with gaming dominating the pie in wallet share for payment size of over Rs 1,000, a survey has found, said a top official of the gaming and interactive content focused venture capital firm Lumikai. Lumikai Founder and Managing Partner Salone Sehgal told PTI that the survey covered around 3,000 mobile phone users across the country between September 2024 and September 2025. The report found that 80 per cent of those consumer bases use UPI for payments, and at least 40 per cent maintain three or four active subscriptions. She said the trend reveals that India's digitally native audience is young, data-hungry, and highly willing to pay. "We did a deep dive into where people are spending that time and what is the attention share and how does it slice. of course, social media platforms Facebook, Instagram, YouTube are a very dominant part of that but I think what was more interesting was that gaming attention share stands at about
The Supreme Court on Tuesday asked the Centre to file a comprehensive reply on petitions challenging an online gaming law which prohibits "online money games", and bars banking services and advertising related to them. A bench of Justices J B Pardiwala and K V Viswanathan was informed that the Centre has filed its reply on the interim prayer made in the pleas. "We want the Additional Solicitor General appearing for the Union to file a comprehensive reply to the main petition itself," the bench said. It said copy of the reply be served in advance to the advocates appearing for the petitioners and if they want to file any rejoinder, they may do so at the earliest. The bench posted the matter for hearing on November 26. The Promotion and Regulation of Online Gaming Act, 2025 is the first central legislation banning real-money online gaming, including fantasy sports and e-sports played for stakes and has faced challenges before the Delhi, Karnataka and Madhya Pradesh high courts. Sen