Revision as of 06:02, 31 May 2023 by 154.13.107.125 (talk) (Created page with "The online gaming market is booming with technology. Now, fantasy sports and online games are not only for entertainment purposes. Online games are platforms showing your skil...")(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)The online gaming market is booming with technology. Now, fantasy sports and online games are not only for entertainment purposes. Online games are platforms showing your skillset and use your knowledge to win exciting rewards. Since the launch of the first gaming in 1950, the web game hasn't stopped growing. superwin303 Gaming Business Across the WorldIn the year 2020, the global gaming market was approximately $62 million. According to the statistics, the business will be worth $300 billion by 2026. Mobile gaming makes almost 50% of the share market and generates revenue worth $80 billion. Online gaming is the family of streamliners, developers, publishers, gaming arenas, coaches, and 2.5 billion users across the world.The start-ups of online gaming have become in India, in the last couple of years and attracted huge funding from both domestic and foreign investors greater than $ 1 million. The shares of gaming platforms are split between the US and China equally 24 % each, in the Asia-Pacific excluding China is 23%, Latin America has 4%, Canada has 2% and lastly, Europe, Africa, and the Middle East holds 23 % of shares.Even after superwin303 and a big user base, the Indian government is not considering the video game legal. In various states of India, playing fantasy sports isn't allowed and is known as gambling. Pandemic has just doubled the growth of the web games and fantasy sports industry in India in terms of both fantasy sports app development & fantasy sports app platforms.Government should look at online gaming having an open mind and understand it in-depth, rather than considering all online flash games, gambling. Government can target betting and gambling but should spare fantasy sports. However, fantasy sports can help the government to create huge revenue and raise the economy of the united states.Forms of Online GamingFantasy SportsOne of the popular gaming platforms for sports fans. Online fantasy is totally not the same as other gaming styles. An individual creates their team online of real players playing out there on the ground. The user's performance completely depends on the player and real-life statistics of the overall game.