1. Google proposed changes to Play Store policies for real-money games in India. 2. Proposal aims to resolve antitrust issues with local platform WinZO. 3. Real-money gaming represents 86% of India's online gaming market revenue. 4. Google would earn revenue from broader real-money gaming content on its platforms. 5. Regulatory approvals from India's CCI needed for implementation.
The proposal could lead to increased revenues for Google, reminiscent of past expansion strategies such as the Google Cloud partnership boosts or the acquisition of advertising firms, which have previously resulted in revenue growth.
The article highlights a significant regulatory proposal that may diversify and increase Google's revenue streams from the booming gaming sector in India, which is crucial for its growth strategy.
Once CCI approves the proposal, Google can implement changes within 120 days, likely affecting revenues immediately as developers are able to monetize more games.