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Online gaming industry has the potential to generate US$ 2 billion by 2023: EY-All India Gaming Federation report

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he Indian online gaming sector reached US$1.027 billion in 2020, a growth of ~17.3% from US$543 million in 2016. With its current trajectory, it is expected to reach US$2 billion by 2023 in terms of rake fees earned, states the EY- All India Gaming Federation (AIGF) report ‘Online gaming in India – The GST conundrum.’