Any game where skill overrides chance with human intelligence is game of skill, says Pariekshit Maadishetti
Founder of Taj Rummy, Pariekshit Maadishetti talks about his AI technology powered product, what is the current distance between regulators and jurisdictions in the game of skill, and why policies and regulations should go hand in hand.
What's HOT in Gaming for 2019?
SPICE 2019 will be heating up the gaming industry at the beginning of the year with industry leading speakers.
We asked our SPICE Speakers a couple of questions on current points of interest as the event draws closer.
Pariekshit M is the founder of the Grid Logic Group and Taj Rummy - India’s first and only rummy brand powered by the
Yudi: Lack of clarity between regulators and jurisdictions on what is and what isn’t a game of skill is a continuous theme worldwide. How would you define a game of skill? and what impact would a clear definition have on the sector at large?
Pariekshit: The game in which skill can override chance with human intelligence is
Yudi: In your opinion, how does having an ethical player protection policy safeguard the reputation of the gaming industry in India?Â
Pariekshit: Any and all protection is good for the industry,
Yudi: You will also be speaking on the panel discussion titled “Mobile gaming market in India: opportunities,
Pariekshit: Value #1: We are
Value #2: It’s a growing industry and as per the recent TRF report, online gaming will be 3460 CR by FY 19-20 (P). How to tap that as an international player, domestic player and as an affiliate.
Value #3: Challenge from state laws, how do you overcome by involving in
Yudi: What are the latest skill-based products that are becoming increasingly popular in India?Â
Pariekshit: I have always believed that rummy and poker are profitable skill-based products.
Yudi: Gaming in India is rapidly gaining acceptance, by both customers and legislators, but many questions remain; what exactly is gaming? How is it currently treated in India? and, what are the best practices that international operators follow that can be adopted here to regulate the industry as well as earn the government increased tax revenue?
Pariekshit: The honest answer is that all games (RMG, Social, Free) are under gaming, I think that is right for now. 80% of gaming is Skill and we are all riding on that “gaming tag”. The simplest way to enter India is with a white label solution as that’s the fastest go to
Yudi: What do you look forward to by being a part of SPiCE 2019?
Pariekshit: It was a lovely conference last time,
Pariekshit Maadishetti looks forward to meeting you in person at SPiCE 2019 in Goa. See more information on SPiCE 2019 and how you can register below.
Cricket FootBall Kabaddi
Basketball Hockey
SportsCafe