Online gaming continues to grow, but GST change to “moderate” monetisation: report

Even though the base of online gamers willing to make payments continues to grow, the recent increase in the goods and services tax (GST) will “moderate” monetisation per user, a joint report by real money gaming (RMG) firm Winzo and non-profit firm Interactive Entertainment and Innovation Council (IEIC) said.

“Pay to Play games have historically been the largest revenue source and key driver for India’s gaming sector. Its share will mellow down over the next five years on account of high tax burden… While the industry fundamentals will lead to a growing user base over the years, such growth will not translate into equivalent user monetization on account of recent tax policies,” according to the report.