Quick Summary
Googles plan to allow all types of real-money games on the Play Store once approved by self-regulatory bodies in India is significant news for the gaming industry in the country. Here are the key points to be considered New Regulatory Framework: Google is planning to permit all real-money games on the Play Store that are approved by self-regulatory bodies. This move comes in response to a new regulatory framework being established in India. These self-regulatory bodies will determin
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FAQ :
Google will permit all real-money games on the Play Store that have been approved by designated self-regulatory bodies in India.
SRBs, established under amendments to the IT Act 2021, will verify and approve real-money games to ensure they comply with policies before they can be distributed on Google Play.
Users will find it easier to access these games as they will be available directly on the Google Play Store, eliminating the need to sideload apps from other sources.
Google ran a year-long pilot program starting in September 2022 for daily fantasy sports and rummy apps from Indian developers, which concludes on September 28, 2023.
Existing apps from the pilot program will have a grace period until January 15, 2024, to remain on Google Play after the program's conclusion.
The inclusion of real-money games is expected to reduce marketing costs, improve unit economics for gaming companies, and contribute to the projected growth of the sector.
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