Gaming industry is fucked big time
SpeedyAide60
Stealth
a year ago
Might have agreed if it was any other sector. Fantasy gaming is just legalized gambling in which the most vulnerable lose money.
Steam games and others alike and skins/battlepasses in games should be fine. There might be some decrease in # of purchases but overall should be fine. RIP to the small gaming or fantasy betting games ig
Indusplateau
Stealth
a year ago
I feel happy for the Low income folks who used to bet their life savings on such platforms https://newsletter.theindianotes.com/p/gig-economy-stories-2
EarthDragon
Stealth
a year ago
The thief (Grover) shouldn’t be taken seriously much
criticalresourceF99
Stealth
a year ago
government is doing doglapan with asheer grover means life is a circle
I remember when they did crypto dirty like this.
Not feeling bad for legalised gambling getting the pipe like this though.
Tholaram
Stealth
a year ago
Great to see that.
ObtuseCutie
Stealth
a year ago
Perception management. It's more palatable for the VC's that way. They don't want to be seen backing a gambling brand na.
Although hate to see many jobs and an entire flurry of businesses go down but it is what it is - gambling, despite disclaimers that communicate the same.
For this guy, maybe one more book on how the government did him dirty. Couldn't make any cricketers rich in the IPL too with his app.
Now back to doing motivational talks at schools in Siliguri.
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InMobi
Gaming are hidden real businesses in the tech ecosystem
Five-year-old Gameskraft—which operates Rummy Culture, Gamezy, Rummy Time, among others—touched Rs 2,112 crore revenue in FY22
https://entrackr.com/2023/01/bootstrapped-startup-gameskraft-crossed-rs-900-cr-profit-in-fy22/