Page 20 - Gaming Industry

The Washington Post lays off 20 newsroom staff, shuts gaming division

Media giant The Washington Post has begun laying off employees, starting with eliminating at least 20 newsroom jobs and shutting down its gaming section

Indian gaming industry seeks clear tax regime, duty credit scrips in Budget

Budget 2023: They also suggested that the Centre can also consider levying separate tax slabs for each game category, like casual games, fantasy games and esports

Noise launches Buds Combat wireless gaming earbuds at Rs 1499: Details here

The Noise Buds Combat wireless earbuds are available in stealth black, covert white and shadow grey colours on Noise's official website and Flipkart

InMobi group's Nostra expects 3-fold rise in user base to 200 mn by 2024

Softbank-backed InMobi group's mobile gaming platform Nostra on Tuesday said it expects to grow its user base by close to three-fold to 200 million by 2024. Nostra, formerly Glance Gaming, said it has surpassed 75 million monthly active users in online gaming through Glance Lock Screen, making it India and Southeast Asia's largest mobile gaming platform. "Users are not only playing games on Nostra but also engaging deeply with games streams. They clocked over 470 million hours watching game streams in 2022. We plan to take Nostra's proposition that users clearly love global and aim to reach over 200 monthly active users in the next two years on the back of Glance lock screen and several other device partnerships," InMobi Group co-founder and Glance COO and President Piyush Shah said. Online gaming is one of the fastest-growing industries globally. In India alone, the online gaming market is estimated to cross USD 7 billion by 2025, the statement said. "Glance is fully committed to

E-sports in India a lucrative career path in 2023, gamers positive: Experts

E-sports, or competitive video gaming, in India has witnessed a steady rise in popularity over the years

MeitY rulebook in the works for online gaming self-regulatory organisations

The draft rules released earlier this month proposed the formation of self-regulatory organizations

Parents, cos bat for 'responsible gaming' as industry nears formalisation

Parents are worried, but the industry is working to establish mechanisms promoting 'responsible gaming' in India

UP emerges top gaming destination; tier 2-3 towns outpacing metros: Report

Uttar Pradesh has emerged as the top destination for mobile gamers, followed by Maharashtra, Rajasthan, Bihar and West Bengal, according to India Mobile Gaming Report 2022 by gaming platform Mobile Premier League released on Sunday. Odisha, Punjab, Tamil Nadu, Puducherry and Himachal Pradesh have seen the highest increase in mobile gamers in 2022 compared to 2021. In terms of games, Ludo Dice, Snakes and Ladders, Carrom, Fruit Dart, Block Puzzle and Poker were some of the top games played by gamers across different Indian cities. In Uttar Pradesh, Lucknow, Kanpur, Varanasi, Ghaziabad and Allahabad have the highest share of gamers. "Thirty-six per cent of the total gamers in UP hail from these cities. This is the second year in a row that Lucknow has earned recognition for its gaming prowess -- last year's IMGR revealed that growth in Lucknow outpaced all metros," the report said. Last year, India became the largest consumer of mobile games in the world, recording over 15 billion .

Self-regulating body to work at arm's length from gaming industry: IT min

Rajeev Chandrasekhar added that many of the burning issues around online user harm, safety and trust, safeguarding children from addictive intermediaries or platforms will be addressed

Acer unveils AMD Ryzen 7000 processor powered Nitro gaming laptops: Details

Alongside, the PC maker Acer unveiled AMD Ryzen 7000 series processors powered Swift Go 14 laptop with OLED screen of 90Hz refresh rate and 16:10 aspect ratio

Fair game

Govt should not overregulate the gaming industry

Betting on outcomes of games won't be allowed; rules likely in Feb: MoS IT

Online gaming companies will not be allowed to engage in betting on the outcome of games under the principle laid in draft rules, Minister of State for Electronics and IT Rajeev Chandrasekhar said on Monday. The minister said that as of now, all permissible online gaming will need to be registered with a self-regulatory organisation that will be accountable to the online gaming rules. "As per the principles laid under the rule, wagering on the outcome of game will not be allowed. All online gaming companies will have to register with the self-regulatory body that will decide on the action required to be taken as per the rules," Chandrasekhar said. The Ministry of Electronics and IT has published draft rules for online gaming companies and has invited comments on the same by January 17. The objective of the rule is to grow the online gaming sector and encourage innovation, he added. The minister said that he expects the online gaming rules to be ready in early February.

Xbox exclusive game 'Redfall' likely to be launched in early May 2023

Redfall will join the 'Starfield' game as part of the tech giant's big Xbox and PC gaming console line-up

State governments to oversee law for online games in their jurisdictions

The states will also be asked to appoint grievance redressal executives and nodal contract executives

IT ministry appointed as nodal ministry for online gaming in India

The Department of Sports under the Ministry of Youth Affairs and Sports has been notified as the nodal agency for e-sports

TDS guidelines for gaming companies may require greater disclosure

The move is aimed at improving reporting and transparency in these sectors

Centre appoints MeitY as the nodal ministry for gaming, to set rules soon

The industry came under scrutiny after the proliferation of games like cards, casinos, and fantasy sports among young people led to addiction and financial losses, with some reported cases of suicide

Gigabyte launches gaming laptops 'G5 series' with Intel 12th Gen in India

Starting at Rs 77,887, the laptops will be available in online and offline retail stores across the country

AVGC task force suggests national mission to promote sunrise sector

In a bid to make audio visual, gaming and comic (AVGC) education as sought after as medical and engineering, a government-appointed task force has suggested starting globally recognised undergraduate and postgraduate courses and tapping talent at the school level leveraging the National Education Policy. The AVGC Task Force, chaired by Apurva Chandra, secretary of the Ministry of Information and Broadcasting, has also recommended to the government to launch a National AVGC-XR Mission with a budget outlay for integrated promotion of the sector and a 'Create in India' campaign on the lines of Make in India' with an exclusive focus on content creation. XR refers to Extended Reality, an umbrella term used to describe immersive technologies that can merge the physical and virtual worlds. The AVGC Task Force was announced by Finance Minister Nirmala Sitharaman in her budget speech this year to promote the AVGC sector which has been growing at 16 per cent year-on-year to emerge as a USD ..

Indian gaming industry needs stable regulatory environment: Sameer Barde

The industry's worry is the "knee-jerk reaction" of states in regulating the industry, Barde said