Highlights

  • Skill-based games are legal in India
  • Very few games defined as games of skill
  • Industry demanding central regulation as growth continues rapidly

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Exclusive: Gaming Unicorn Games24x7 on regulation & recognition

Indian online gaming market is a $ 2.2 billion industry; driven by skill based games such as Rummy, Fantasy, Chess et al. 

Exclusive: Gaming Unicorn Games24x7 on regulation & recognition

Games24x7, a Mumbai-headquartered startup is the latest unicorn on the street and representing one of the biggest growing industries worldwide - Gaming. The 15 year old start up which is popular for its rummy game, called RummyCircle, fantasy platform My11Circle and a portfolio of casual games under the brand name U Games raised $75 million dollars at a valuation of $2.5 billion.

Editorji connected with Trivikraman Thampy, Co-founder & Co-CEO of Games24x7 pn he pressing need for regulation and recognition for the more than 400 gaming start ups in the country. We open the debate on games of skill vs game of chance and the legality of fantasy sports vs the traditional taboo on betting.

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Exclusive: Gaming Unicorn Games24x7 on regulation & recognition

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