The online gaming ban and the dangers of gambling addiction
3 Things
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Online Gaming in Crisis: Regulation and Revenue
This chapter explores the rapid evolution of the online gaming industry during the COVID-19 pandemic in India, detailing the government's regulatory attempts and the impact of a proposed ban on the sector. It highlights the financial success of major players like Dream 11 and the challenges posed by gambling addiction, opaque algorithms, and potential national security risks. The discussion culminates in the implications of recent legislation that forces companies to pivot their business models amid a beleaguered outlook for the industry.
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