Institution builder and Business leader | Digital Transformation | Forensic | Risk
Spent my Tuesday morning amongst policy shapers and business leaders discussing the key issues surrounding the #gaming ecosystem in India and the steps we can take to promote #ethicalgaming. For me, the most important issues are building trust amongst government, businesses, regulators, and users/players, and the ethical dilemmas surrounding the gaming space. India has the chance to become a global leader in the gaming space by setting high standards and establishing an ecosystem that promotes ethical practices, protects players, boosts economic growth, and encourages innovation. What are the key issues according to you? Grant Thornton Bharat LLP #responsiblegaming #VibrantBharat
Thank you Deepankar Sanwalka sir for sharing your thoughts on importance of ethics in the e-gaming industry..
Agree with you
Hey Deepankar Sanwalka all our kids are clued to games so is there any possibility of gathering your thoughts on how their critical analysis can be looped back to the industry, worthy a try ?
Great event indeed, enriching experience Deepankar 🙌
Well said Deepankar…One of the most pressing issues in the gaming industry today is the balance between monetization practices and ethical responsibility. As companies seek to maximize profits through mechanisms like microtransactions and loot boxes, they must also consider the ethical implications and potential harm to players, especially minors. Striking a balance involves implementing fair and transparent regulations that protect consumers without stifling innovation and creativity. Building trust with the gaming community is paramount, requiring companies to prioritize player well-being and ethical standards alongside business objectives. This balance ensures a sustainable and reputable gaming industry where profitability and player trust go hand in hand.