Karnataka Bill banning online gaming will hurt Indian start-ups: CAIT
The Hindu
According to the data platform Tracxn, India has 623 gaming start-ups
Confederation of All India Traders (CAIT), which represents eight crore traders and over 40,000 trade associations, said that the Karnataka Police (Amendment) Bill, 2021, tabled in the legislative Assembly to ban online gaming, will hurt the Indian start-up sector, the Indian gaming and animation industry, and millions of Indian gamers and e-sports players.
The Bill proposing to ban online gambling will affect Indian start-ups like Dream11, Nazara, MPL, Games 24*7 and Paytm First Games. According to the data platform Tracxn, India has 623 gaming start-ups.
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