Tamil Nadu's decision to ban online gaming likely to hurt rummy companies the most
BCCL
Online gaming in India, which has seen steep growth in the last couple of years driven by increasing internet and smartphone penetration, cheaper data, and adoption of digital payments, witnessed a further push due to Covid-19-led lockdown.
Synopsis
Online gaming in India, which has seen steep growth in the last couple of years driven by increasing internet and smartphone penetration, cheaper data, and adoption of digital payments, witnessed a further push due to Covid-19-led lockdown.
By Megha Mandavia, ET Bureau
4 mins read, Last Updated:
Tamil Nadu’s decision to ban online real money gaming is expected to hurt the industry deeply, especially online rummy platforms, at a time when the segment was expanding rapidly amid restrictions induced by the Covid-19 pandemic. Last week, the state government banned such gaming through an ordinance, saying that youngsters were being cheated and that some people had killed themselves because of these games.It is yet not clear whether all
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