Online gaming has grown massively in India thanks to its vast population and availability of affordable internet. With the technology boom, more players are enjoying titles such as BGMI, FIFA and more daily.
It has even led many aspiring players to professionally compete and step out of their comfort zone. With that being said, the present scenario recalls the need for strong regulation of the segment, and there are concrete reasons why.
Online gaming is quite different from its traditional counterpart and has substantially evolved in recent years. As the internet has improved and become more accessible, players now prefer to enjoy titles with everyone.
There's always a dark side to anything, and the realm of internet-based gaming is no different. Aside from removing those dangers, there are certain concrete benefits to be had with proper regulation. While implementing regulations won't be easy in India, the concomitant advantages make it highly beneficial for everyone involved.
The most salient feature of regulation will be the benefits of legalization and its added merits. For starters, the government will be able to monitor the products released in the market. While this could lead to problems like excessive censoring, there are numerous gains to be had.
There have been instances where the quality of games available in the market has been questionable. Proper regulation will prevent developers from becoming complacent and deceiving their playerbase.
The benefits of legalization and regulation come from taxation and added revenue for the government. It's hard to generate revenue sustainably from something that doesn't exist on paper. Regulation can solve this issue and allow the Indian economy to get a much-required boost.
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