The online gaming industry has been growing rapidly in India, with a reported net worth of 280 crore in 2022. And it is expected to nearly double by 500 crore by 2025! So have the online gamers-turned-gamblers.
Currently with 45 crore online gamers, the industry is projected to see the number cross 50 crore over the next three years.
Also Read: Tamil Nadu Governor Ravi clears Bill banning online gambling
Of debt and loss
However, as every coin has two sides, so does online gaming. While the market and its consumers are booming, the number of people mired in insurmountable debt and unprecedented loss are also surging.
And these debts and losses are leading to suicides, with at least three in the past five days in Telangana and Andhra Pra…
Read the full article at: https://thesouthfirst.com/news/online-gaming-claims-5-lives-in-ap-telangana-in-a-week/