Gaming industry needs regulation, not ban: CEO, E-Gaming Federation

At least 600 million people will be playing online games by 2030, says Sameer Barde

After Tamil Nadu’s governor approved last week an ordinance banning online gambling, industry players have said it is regulation that will work and not prohibitions. Sameer Barde, chief executive officer of E-Gaming Federation, which represents companies like MPL and Games 24X7, spoke to Shine Jacob about the industry’s concerns and its future.

Here are edited excerpts from an interview:

What is the current status of the industry in India?

The industry is growing quite well. The gaming industry in India is growing at about 38 per cent compound annual growth rate. It is showing a lot of potential. In terms