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Play Store set to host all real-money games

Mint Mumbai

|

January 13, 2024

Move to hinge on domestic regulation; fees model being "evolved"

- Shouvik Das

Play Store set to host all real-money games

Android maker Google on Friday said it will start allowing all real-money games on its Play Store marketplace, as long as they are not illegal under local regulations.

The move follows a September 2022 pilot allowing online rummy games and what Google classified as ‘daily fantasy sports’, and will be brought into effect after the pilot ends on 30 June.

The move was welcomed by the online gaming industry, which is reeling from demands of more than ₹1.5 trillion ($18 billion) from India's tax regulator.

However, there could be concerns over the kinds of commissions that Google would charge from real-money games. A blog-post published on Thursday by Karan Gambhir, director of global trust and safety partnerships at Google, said the company will be "evolving (the) service fee model for RMG (real money gaming) to reflect the value Google Play provides, and to help sustain Android and Play ecosystems".

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Afghanistan trade minister seeks India investments, goods

Afghanistan's Taliban trade minister arrived in India on Wednesday on a maiden visit to draw greater investments and goods as both countries consider ways to enhance their relations in the backdrop of souring relations with neighboring Pakistan.

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Fractal Analytics bets heavily on R&D in AI race before IPO

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