Establishing a clear regulatory framework for India’s eSports market would likely drive significant investment from venture capital funds, potentially eight to ten times the current levels, according to the All India Gaming Federation (AIGF).
There has been a 20 percent jump in daily active users over the past three years. The number of gamers in March 2020 was 360 million.
“Digital sports need to be recognized and need to have a proper construction of rules and regulations,” AIGF CEO Roland Landers wrote in a report. “This won’t just assist to scale the game, but help make it a viable career option for individuals.”
For this edition of our magazine, we focus on Southeast Asia, with a particular look at the Philippines. The country’s casino industry has been among the hardest hit in Asia, with the integrated resorts in Manila’s Entertainment City having remained mostly closed to the general public since the beginning of the crisis last year.
The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.