Technological advances in educational and social
spheres have helped rural and poor communities narrow the gap to their urban
counterparts. Most of these digital solutions are, however, put forth by
real-life businesses that invest, innovate and need a clear regulatory
framework to continue growing.
Digital Technology as a Game-Changer
Much has been
written on the importance of technology as a disruptor of stagnant economic
models and, more recently, as a
counterweight
to social inequality.The
digital transition might have enriched some of the tech giants – mostly
offshore-based – but it has brought significant advantages to less privileged
users by allowing them to stay connected and acquire some practical education
and skills.
Being able to
work and play remotely generates more economic opportunities. Being able to
stay in touch with friends and relatives promotes creativity and social
cohesion. Technology has been a proven game-changer for a number of years and
it is increasingly in the hands of smaller businesses and user groups.
All along,
real-world practices have been putting pressure not only on economic and
educational models but also on outdated legal definitions and political
standpoints. Technological and societal transformation cannot wait around for
regulatory voids to be filled where certain business concepts did not exist,
they require frequent updates and flexible public policy.
India has passed
420 million online gamers in 2021 and it is expected to reach 500 million by
the end of this year. Huge gaming communities play casual mobile games, fantasy
leagues and
real money online roulette. Many are in
Tier-1 and Tier-2 cities but rural gamers catch up fast in absolute numbers.
Bharat’s mobile gaming market is upwards of $2 billion and is expected to
triple by 2025.
The general
excitement wanes a little for those wishing to pay for gaming content or prize
pools, as many states openly try to ban or publically disapprove of real-money
games. “Moralistic” views of paid gaming – an authentic desi tradition – leads
many of them to seek offshore and black market alternatives where they are
truly unprotected and everyone loses.
Just like with
alcohol, experts remind, children need to be protected. When thinking about
gaming, however, authorities treat all Indians like children.
In the end, the
tech startup ecosystem is pressured as it needs to sidestep various state-based
bans and legal inconsistencies. Sadly, in the long run, this will make them
less competitive and risks depriving upcoming generations of many opportunities
directly related to gamification, cross-over tech genres, skills training and a
large part of the digital revolution that has given so much to India in recent
years.
As Felicia
Wijkander (the Chief Editor at India's biggest casino comparing platform)
recently
pointed out, blanket bans are not and cannot be a viable
solution. The approach that is needed and absolutely essential for the nation’s
tech-savvy Generation Z involves a clear view on gamification and the
real-money gaming sector.
Proper regulation
of the gaming sector will lead to direct social and economic opportunities.
India-based licensed operators stand a better chance against black market ones
– and would have to pay taxes and contributions unlike offshore platforms.
Crucially, consumer protection and responsible gaming are proven and meaningful
steps towards putting problem gambling under control.
“Second hand” benefits need also be measured in terms of digital
skills, strategy and knowledge which have become practically indispensable for
upcoming generations, in both work and play.