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794 mn investments have already been pumped into the Indian gaming trade in 2021, says Neha Alawadhi. Industry watchers attribute this to the growing recognition of gaming, spurred by the pandemic, and the revolutionary business fashions gaming firms have built. 339 million final year. Marquee investors reminiscent of Tiger World (Dream11), Seq­u­oia Capital India (Cell Pre­mier League), WinZO (Griffin Capital Partners), Tencent (Dream11) and Matrix Companions (Zupee) have pumped money into the sector. "There are innovative products, and investors are ready to back them. Based on RedSeer-Lum­i­kai, whereas actual-cash video games are the largest source of reve­nue for the market, in-app purchases will develop faster (at 30-40 per cent for the next 5 years) with the rise of paying users of informal and hyper-casual gaming. A day after Ravi returned the TN Prohibition of Online Gambling and Regulation of Online Video games Invoice stating that the state government lacked legislative competence, the latter asserted that it has the competence to legislate on the matter. Briefing reporters on the state secretariat, Regulation Minister S Regupathy mentioned that it has been decided in the cabinet assembly to reintroduce the invoice in the assembly, get it passed and ship again to Governor Ravi for his assent. The TN meeting would meet on March 20 for Budget presentation and the duration of the session can be decided later.

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