• Bank Allison posted an update 11 months ago

    superwin303 gaming market is booming with technology. Now, fantasy sports and online flash games are not only for entertainment purposes. Online games are platforms showing your skillset and use your knowledge to win exciting rewards. Because the launch of the initial gaming in 1950, the web game hasn’t stopped growing.

    Online Gaming Business Across the World

    In the year 2020, the global gaming market was approximately $62 million. As per the statistics, the business will undoubtedly be worth $300 billion by 2026. Mobile gaming makes almost 50% of the share market and generates revenue worth $80 billion. Online gaming may be 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, within the last couple of years and attracted huge funding from both domestic and foreign investors of more than $ 1 million. The shares of gaming platforms are split between your US and China equally 24 % each, in the Asia-Pacific excluding China is 23%, Latin America has 4%, Canada has 2% and finally, Europe, Africa, and the center East holds 23 % of shares.

    Even after such huge success and a big user base, the Indian government is not considering the online game legal. In a variety of states of India, playing fantasy sports is not allowed and is known as gambling. Pandemic has just doubled the growth of the online games and fantasy sports industry in India regarding both fantasy sports app development & fantasy sports app platforms.

    Government should look at online gaming with 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 might help the government to create huge revenue and raise the economy of the united states.

    Types of Online Gaming

    Fantasy Sports

    Probably the most popular gaming platforms for sports fans. Online fantasy is completely not the same as other gaming styles. The user creates their team online of real players playing out there on the floor. The user’s performance completely depends on the player and real-life statistics of the game.