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794 mn investments have already been pumped into the Indian gaming business in 2021, says Neha Alawadhi. Business watchers attribute this to the growing popularity of gaming, spurred by the pandemic, and the revolutionary enterprise models gaming firms have constructed. 339 million last yr. Marquee buyers akin to Tiger International (Dream11), Seq­u­oia Capital India (Cellular Pre­mier League), WinZO (Griffin Capital Partners), Tencent (Dream11) and Matrix Companions (Zupee) have pumped cash into the sector. "There are modern products, and buyers are ready to back them. According to RedSeer-Lum­i­kai, whereas actual-cash video games are the most important source of reve­nue for the market, in-app purchases will grow faster (at 30-40 per cent for the following 5 years) with the rise of paying users of casual and hyper-casual gaming. A day after Ravi returned the TN Prohibition of Online Gambling and Regulation of On-line Games Bill stating that the state authorities lacked legislative competence, the latter asserted that it has the competence to legislate on the matter. Briefing reporters on the state secretariat, Legislation Minister S Regupathy mentioned that it has been determined in the cabinet assembly to reintroduce the bill in the assembly, get it handed and send again to Governor Ravi for his assent. The TN assembly would meet on March 20 for Finances presentation and the duration of the session would be decided later.

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