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Opinion | Online Gaming Companies Are Suffering Due To Lack Of Clarity On Legality Of Business Models

Given its immense potential, it’s time to regularise the online gaming sector and prevent fraud

Opinion | Online Gaming Companies Are Suffering Due To Lack Of Clarity On Legality Of Business Models
Opinion | Online Gaming Companies Are Suffering Due To Lack Of Clarity On Legality Of Business Models
outlookindia.com
2020-07-31T18:23:00+05:30

India’s richest man, Reliance Industries chairman Mukesh Ambani, recently set the proverbial cat amongst the pigeons when, in an interaction with Microsoft CEO Satya Nadella, he noted that gaming had enormous potential in India and the industry will be bigger than music, movies and TV shows put together.

Ambani’s views have been echoed by Morgan Stanley’s Ruchir Sharma and Sequoia Capital India’s managing dir­ector Rajan Anandan, both of whom see online gaming as a sunrise industry and one of the most interesting sectors for investment.

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