Shares of Indian mobile gaming platform Nazara Technologies surged more than 80 percent in their market debut on Tuesday, with the initial public offering raising about $80 million.
Dream Sports, which owns online fantasy sports platform Dream11, has raised $400 million in its latest funding round taking its valuation to nearly $5 billion.
A survey by community platform LocalCircles found that 68 percent of Indians would like to see regulation for online fantasy sports platforms. The survey received more than 50,000 responses from 309 Indian districts.
The All India Gaming Federation has challenged the constitutional validity of the Tamil Nadu Government's ban on online poker.
Meghalaya opposition parties have declared that revenue generation cannot be an excuse for turning a blind eye to the evils of online gaming and gambling.