Driven by smartphones, the online gaming industry in India is expected to grow at a compound annual growth rate (CAGR) of 40 per cent to $2.8 billion by 2022, up from $1.1 billion in 2019, according to a Deloitte India report that came out last week.
The company earlier announced to increase prices for Xbox Live Gold memberships in certain markets "in an apparent effort to convert more users to its Xbox Game Pass Ultimate", but the gaming community did not like the price hike
"Animation, Visual Effects, Gaming and Comics (AVGC) is a sunrise sector and our experts are providing back-end support to top filmmakers of the world," he said.
The guidelines also state that gaming advertisements cannot depict users under the age of 18 years as engaged in playing a game of “online gaming for real money winnings”.
"As the Hunter, you must explore forests and tundras with your eagle companion to uncover puzzles and hunt down corrupt spirits," the company said in a tweet recently.
The game unit of Sony Corp touts the new console's data-processing capacity, saying it is 100 times faster than the PS4, its predecessor launched in February 2014.
