Page 19 - Gaming Industry

ED freezes funds worth over Rs 51 cr in mobile apps money laundering case

The Enforcement Directorate on Wednesday said it has frozen funds worth Rs 51.11 crore under the anti-money laundering law after raiding premises linked to a mobile app company that allegedly duped investors on the pretext of providing "very high" returns. The searches were carried out on December 9 at locations in Noida, Pune and Bengaluru in the case of "misuse" of Matrix Partners Fund (MPF) app and some other apps related to it. The money laundering case stems from a November 2021 FIR filed by the Meghalaya Police against entities/persons behind the MPF app. The MPF app was a "scam investment application which promised very high returns, thereby luring gullible investors throughout the country to invest their hard-earned money in false expectation of high returns", the ED said in a statement. "During investigations, it has emerged that a large number of companies were connected to this app, which ran many other apps related to investment scams, loans, games, betting, rummy ...

Netflix launches new mobile games 'Kentucky Route Zero', 'Twelve Minutes'

The streaming giant said that the players will find old-school gameplay improved with new fighting mechanics and will discover adventures with a new story mode

Apple Arcade launches 'JellyCar Worlds' game, updates 'Sneaky Sasquatch'

In the arcade game 'Fruit Ninja Classic+', players can earn the new Christmas Tree Blade in its Christmas event, running December 9 through December 27

Amazon reveals anime massively multiplayer online game 'Blue Protocol'

The game is described as a multiplayer action role-playing game (RPG), which allows players to choose different roles and enjoy either the story or multiplayer mode

Epic Games not planning to build battle royale game Fortnite in VR

Sweeney told The Verge that the idea to bring Fortnite to VR will not work well

Epic Games adds for-kids accounts in Fortnite, Rocket League, Fall Guys

While signing in, all players will be required to enter their date of birth

Latest news LIVE: Exit polls predict BJP to win Gujarat, Himachal

Catch all the latest news and updates from around the world here

Govt plans federal oversight of all real-money online games: Report

An Indian panel tasked with drafting the regulation in August proposed a new body to decide whether a game involves skill or chance, and then let skill games be governed by planned federal rules

Epic Games, Capturing Reality releases RealityScan app for iOS users

Sketchfab is a 3D modelling platform website to publish, share, discover, buy and sell 3D, VR and AR content

Nintendo cancels 'Smash World Tour' tournament without any warning

The championship tournament was scheduled to take place between December 9-11

MPL bans over a million accounts in 2022 to promote fair gameplay

According to the company, these are not temporary suspensions but permanent bans of these users from the system

Netflix adds new mobile games to its catalogue for Android, iOS devices

Netflix has added three new mobile games to its catalogue -- 'Three Kingdoms' from Devolver Digital, 'Cats & Soup' from Neowiz and 'Hello Kitty Happiness Parade' from Rogue Games.

Sony PlayStation tournaments to start from Thursday, gamers gear up

Users can participate in the tournaments on both PS5 and PS4 consoles

Reliance Jio launches JioGamesCloud: What is it, how to sign-up, and more

JioGamesCloud is a cloud gaming service currently available in beta on the JioGames app for smartphones, web browsers, and the Jio Set Top Box

India now has second largest gamer base in world at over 369 million

India now has the second largest gamer base in the world with 396.4 million gamers, a new report has showed

1 in 2 Indian women now consider gaming as career option, says study

As gaming gets mainstream, 56 per cent of women gamers now consider gaming as a full-time or part-time career option, said a study on Thursday

Indian gamers keen in turning professional, see career growth: Report

Jobs seen as influencers, software developers, animators as industry grows in country

Sony intends to invest heavily to incubate games, developers in China

The company has so far helped 17 small-scale games and made successful deals like Genshin Impact

India becomes e-sports gaming hub with Valorant, BGMI tournaments

While still in its infancy compared to the US, China and Japan, investors are betting on huge growth in Indian esports -- powered by one of the world's youngest populations and cheap mobile data

Gaming industry to add 100k new jobs across domains in FY23: Report

The gaming industry is likely to add one lakh new jobs by 2022-23, across domains, including programming, testing, animation and design, according to a report. The sector is likely to grow by 20-30 per cent and add one lakh direct and indirect new jobs by FY23, TeamLease Digital said in a report - Gaming: Tomorrow's Blockbuster. Currently, the sector directly employs about 50,000 people of which 30 per cent of the workforce are programmers and developers. Over the next year, the sector will add new jobs across domains like programming (game developers, unity developers), testing (games test engineering, QA lead), animation (animators), design (motion graphic designers, virtual reality designers), artist (VFX and concept artists) and other miscellaneous roles (content writers, gaming journalists, web analyst). From a salary perspective, the highest-paying profiles in the gaming industry include game producers (Rs 10 lakh per annum), game designers (Rs 6.5 LPA), software engineers (R