Now you can play real money betting games on mobile through Google Play Store!

Google’s policy regarding fantasy games in India is different from many other countries in the world. The search giant did not allow fantasy apps like Dream 11 and Mobile Premier League to be listed on its Play Store in India, but after a long time, Google is now preparing to change its policy for a limited time. The company has started a trial to allow real-money games like DFS and Rummy apps.

Indian Express AccordingGoogle has decided to allow fantasy and rummy apps in its Play Store app marketplace on a trial basis. These apps will be available for download on Play Store for one year starting from September 28. For this, all developers will have to first submit an application to Google.

If you want to know how strict Google has been regarding betting or fantasy apps, then let us tell you that in 2020, Google temporarily removed the Paytm app from the Play Store to promote its fantasy app Paytm First Games. , because Google considered it to be a betting app.

MoneyControl’s AccordingFollowing the announcement by Google, shares of mobile gaming and sports media platform Nazara Technologies rose for the third consecutive session on Monday. The report said that at 11.36 am on Monday, the share was up 6.1 percent at the price of Rs 780.5 on NSE. It was one of the most active stocks in the first hour of trade with a volume of 3,891,566.

According to the management of Nazara Technologies, “This is great for everyone in the skill-based real money gaming ecosystem.”

Nazara Technologies’ real-money gaming portfolio includes fantasy sports platform Halaplay and skill gaming platform OpenPlay. The segment accounted for about 6 percent of the company’s total revenue in Q1FY23.

The report, citing Federation of Indian Fantasy Sports (FIFS) and Deloitte, said that the fantasy sports market in the country is expected to grow from Rs 34,600 crore in FY 2011 to an estimated Rs 1,65,000 crore by FY 2015. The user base of the fantasy sports market in India is the highest anywhere in the world – Rs 13 crore.

The report further states that Google decided to allow fantasy games as part of the pilot “due to the evolving nature of the fantasy gaming industry and to gather sufficient information about any potential user harm and safety of such apps.” Have chosen the option.”

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