Online Gaming and Esports in India
Industry After the Ban: Pivoting
Firms shifted to free-to-play games, esports, fantasy without money, and other businesses, while thousands of jobs were affected.
Adapting to a new rulebook.
Job losses
Layoffs occurred across gaming companies.
Pivots
Some firms turned to casual games, esports or non-gaming ventures.
Investors
Funding shifted away from real-money gaming.
Users
Some moved to offshore or unregulated sites, a risk regulators are trying to block.
A new line
A fantasy company launches a free-to-play cricket game with in-game rewards.
Believing a ban ends demand completely
Some shifts to illegal channels.
Key takeaways
- Layoffs followed the ban.
- Firms pivoted.
- Funding moved.
- Offshore sites are a risk.
No recording for this one yet - EconReader can read it aloud for you.