Page 5 - Gaming

World's biggest junket operator Alvin Chau held, Macau casino stocks sink

The detention Chau marks the first time such a high-profile figure in the gaming industry has been targeted

Indian mobile gaming sector revenues to grow to $5 bn by 2025: Report

There are now over 300 million gamers in India, and revenue across all gaming devices reached $1.8 billion in 2020

Gamezop drives 650 mn minutes of engagement on MX Player with games

The companies inked deal a year ago, bringing Gamezop's games on MX Player

It's game on for online players, but regulatory woes in India remain

$794 mn investments pumped into Indian gaming industry in 2021, but regulatory woes remain

Karnataka's online gaming ban leaves the gaming industry disappointed

Earlier, the Home Minister of Karnataka had said that the government will notify the rules under the amended laws first and then issue a final notification after examining suggestions and objections

Gaming apps block access in Karnataka as ban takes effect

The latest ban has intensified concerns that growing state regulations could hit the nascent but booming gaming sector in India

Indian gaming market poised to reach $3.9 billion by 2025: Report

The report highlighted that 40 per cent of the hardcore gamers pay for their games with an average spend of Rs 230 per month.

Online gaming firms are building sophisticated fraud detection mechanisms

By 2023, the Indian online gaming sector is expected to reach a value of $2 billion in terms of fees earned, up from $543 million in 2016

Sports tech firm Dream Sports posts Rs 181 crore profit in FY20

Mumbai-based firm reported its revenues for the financial year 2019-20 as Rs 2,130 crore, a 166 per cent jump since last financial year

China tech stocks slide as regulators ramp up pressure on gaming

The Hang Seng Tech Index tumbled 4.5% as of 3:51 p.m. local time, with Tencent Holdings Ltd. dropping by almost twice that amount in its worst day in five weeks.

China will suspend approvals for new online games, says report

Tencent and Netease led a selloff of Chinese stocks in Hong Kong after the Xinhua news service reported that officials had invited gaming firms to meeting to discuss further oversight of industry

China slashes kids' online gaming time to just three hours a week

The escalating restrictions on Tencent's biggest business are likely to spook investors that had cautiously returned to Chinese stocks in recent days

SuperGaming raises $5.5 million in funding from Skycatcher, AET fund

Game development company SuperGaming on Thursday said it has raised USD 5.5 million (about Rs 40.8 crore) in funding from Skycatcher, AET Fund (the venture arm of Akatsuki) and others.

Netgear launches Nighthawk XR1000 Pro gaming router at Rs 31,999 in India

Leading Wi-Fi solutions provider Netgear on Tuesday launched a new gaming router 'Nighthawk XR1000 Pro Gaming Wi-Fi 6' in the Indian market at a price point of Rs 31,999.

49% women started mobile gaming during Covid-19 pandemic: InMobi report

53 mins/day average time spent by Indian women on gaming apps

Breathing new life into boring video conferences with gaming features

UK-based Cosmos' virtual office layout comes with meeting rooms, lounge areas, gaming zones or recreation zones and allows the user to move virtually as he would in the real world

Google aimed to buy Epic Games during Fortnite tussle: Report

Google allegedly offered a "special deal" to launch Fortnite back on Android Store

China's Tencent limits gaming for minors after media outcry

Tencent's pledge to curb gaming for minors came hours after the company's stock plunged as much as 11% following a critique

LG Innovating the Gaming World - Creating an Enhanced Virtual Experience

The gaming industry has not been short of historical changes and important developments.

SoftBank-backed Unacademy acquires game streaming platform Rheo TV

Unacademy will fully acquire Rheo TV and enable exit of all existing investors; deal value not disclosed