Page 7 - Gaming Industry

Krafton India eyes investments, acquisitions as gaming market grows

South Korean gaming giant KRAFTON -- the name behind popular esports title Battlegrounds Mobile India (BGMI) -- is actively looking to invest and acquire in India, which is among its top five markets globally and where mobile-first gaming culture, rapid smartphone adoption, and a young, tech-savvy population are driving prospects of steady growth in online gaming. KRAFTON India CEO, Sean Hyunil Sohn sees the gaming industry here becoming much more sizable and impactful, and asserts the company would not be tied down to fixed investment limits for this "promising" market. KRAFTON has already invested USD 200 million in the country. Reflecting on India's regulatory landscape and past challenges faced by KRAFTON, he highlighted the company's positive outlook on regulations. Sean said India's approach to norms are supported by defined processes, constructive feedback, and a calibrated approach before actual implementation of guidelines. "We want to double down on gaming and its ...

DGGI blocks 357 illegal online gaming sites, attaches 2,400 bank accounts

GST intelligence officers have blocked 357 websites of illegal offshore online gaming firms and attached about 2,400 bank accounts, the Finance Ministry said on Saturday. The ministry also cautioned the public against engaging with offshore gaming platforms, even though many Bollywood celebrities and cricketers, besides social media influencers, are found to be endorsing these platforms. About 700 offshore e-gaming companies are under the Directorate General of Goods and Services Tax Intelligence (DGGI) scanner, as these entities are evading GST by failing to register, concealing taxable pay-ins, and bypassing tax obligations. Investigations also revealed that these offshore companies operated through 'mule' bank accounts to process transactions, the ministry said, adding the DGGI blocked 166 'mule' accounts. "So far, 357 websites/URLs of illegal/non-compliant offshore online money gaming entities have been blocked by the DGGI, in coordination with the Ministry of Electronics and .

Gamers assemble! Mumbai Comic Con 2025 to host Indie Game Utsav in April

Mumbai Comic Con 2025 will host the biggest game festival, which focuses on independently developed PC and console games, from April 12-13

Gaming SRBs must block harmful, addictive content: Ashwini Vaishnaw

Although betting and gambling fall under the purview of state governments, the central government will work to ensure that users are protected from the ills of online gaming, Vaishnaw said

Krafton rolls out BGMI 3.7 update with new map, weapons and more: Details

The BGMI 3.7 update is live now, and it brings a new map, new weapons and localised enhancements to cater to Indian players

Indus Battle Royale's update rolls out new modes, weapons: Check changelog

SuperGaming has rolled out a new update for the made in India game, Indus Battle Royale, to introduce a host of new features and modes

GTA 5 Enhanced Edition for PC breaks Steam records with worst reviews ever

GTA 5 Enhanced Edition has become the worst reviewed GTA title on Steam, lower than Grand Theft Auto 3 - Definitive Edition, which garnered around 66 per cent of positive user reviews

Grand Theft Auto 6 set to release later this year: Check expected upgrades

GTA 6 is expected to feature a significantly bigger map than GTA 5, while upgrading in game mechanics to make interactions with non-player characters (NPCs) more life-like

Chinese brand iQOO ties up with top 7 e-sports gamers to test its phones

Chinese smartphone maker iQOO is partnering with India's top seven e-sports gamers to test and certify its latest phones as the device maker looks to tap the growing gaming demand in the country, according to a top official. The online gamers will help the vivo group brand to design high-performance devices for a seamless gaming and live streaming experience, Nipun Marya, CEO of iQOO, said. The gamers - Dynamo Gaming and GamerFleet, Mortal, Payal Gaming, Scout, Shreeman Legend, and UnGraduate Gamer, will use, test, provide feedback and certify all the iQOO smartphones starting with iQOO Neo 10R. The iQOO Neo 10R, equipped with Snapdragon8s Gen 3 processor and 6,400 mAh battery, is set to be launched on Tuesday. The gamers will be using iQOO devices as their primary device for their YouTube streams. With this partnership, iQOO aims to deliver a gaming and live streaming experience built by gamers, for gamers, ensuring that every aspect of the smartphone meets the demands of both ..

Gaming federations tie up to enforce code of ethics for user safety

Under the code of ethics framework, all gaming companies will implement strict age-gating norms, have robust know-your-consumer norms, ensure appropriate safeguards for gamers' data

ASUS targets 30% growth in PCs driven by AI, gaming, content creation

Taiwanese PC maker Asus expects to achieve 30 per cent growth in 2025 on account of demand for personal computers for artificial intelligence, gaming and content creation coupled with its strategy to expand sales channels, a senior official of the company said. Asus India, vice president for consumer and gaming, Arnold Su told PTI that the price of AI personal computers share in the India consumer PC market is expected to rise from 5 per cent to 25-30 per cent mainly on account of more devices coming at lower price points. "We continue to lead in the gaming, content creation segment in India. AI PC will be another area where we see big opportunities coming up this year in India. It will be not only for Asus but for the overall industry. We already have 40 per cent market share in the India copilot PC segment," Su said. He said that last year most of the AI PCs were priced above Rs 80,000 and Asus will start selling AI PCs with the Qualcomm Snapdragon AI processor for Rs 65,990 from

Take-Two confirms GTA 6's release by Fall of 2025: Here's what to expect

Take-Two confirmed during the recent earnings call that GTA 6 is set to launch in the Fall of 2025

GTA 5 Enhanced for PC launched: Check new features and upgrade eligibility

GTA 5 Enhanced version for PC is available for download from Steam, Epic Games, and Rockstar Games Launcher

Meta, Google must help combat India's illegal gambling, betting mkt: Study

A report by not-for-profit think tank Digital India Foundation states that the illegal gambling and betting ecosystem in India exceeds $100 billion annually and is growing at 30 per cent per year

Head Digital Works acquires Adda52 parent Deltatech Gaming for Rs 491 cr

This will be the second largest deal in the online rummy and poker gaming segment. In September, Nazara Technologies bought a significant stake in Moonshine Technology (MTPL)

Asci flags 413 offshore online betting advertisements for violating norms

Between April 2023 and March 2024, ASCI flagged 1,336 advertisements, and 492 cases related to RMGs were observed by the body

FATF invites Indian online gaming firms to discuss laundering risks

Companies invited for tomorrow's meet include Dream11, Baazi Games, Zupee, WinZO, and others

MIB, IEIC, and WinZO launch Tech Triumph Season 3 for gaming startups

The TTP supports gaming startups through investment, mentorship, and global exposure

TN gaming rules may spur similar action by other states, add biz hurdles

These rules are also likely to lead to fragmentation of rules across these states as there is a lack of central regulation for online gaming and real money games

PlayStation network outage affects thousands of gamers, Sony informs on 'X'

Downdetector data showed users of popular titles such as Call of Duty and Fortnite began reporting outages since Friday. At one stage the number of PlayStation incident reports reached over 14,000