Google has announced its plans to support and push more real money games (RMG) on the Play Store from June 2024 onwards. The company revealed its plans on 12th January 2023 of allowing more types of games in the category citing the local laws.
One of the biggest companies in the world, Google revealed that it is all set to extend its support to real-money gaming and will begin hosting apps of those industries across various countries like India, Brazil, and Mexico by June 2024. They also shared the plan of rolling out the same to more countries in the future.
If reports are to be believed, Google is also claimed to be considering a new service fee model for subscriptions and in-app purchases.
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Karan Gambhir, Director, Global Trust and Safety Partnerships at Google said in a blog post stating, “With this policy update, we will also be evolving our service fee model for RMG to reflect the value Google Play provides and to help sustain the Android and Play ecosystems.”
He added, “We are working closely with developers to ensure our new approach reflects the unique economics and various developer earning models of this industry.” Google has usually allowed local regulatory frameworks to govern real-money gaming apps of a particular type. However, the company is all set to allow more types of real-money gaming apps with the change in policy.
Back in 2021, Google had begun including real-money gaming apps on the Play Store. It started a pilot in India In 2022 and allowed fantasy sports and rummy apps on the local Play Store with Google also providing an extension to already approved apps until January 15 in 2022. This latest announcement will see the pilot apps have a grace period until 30th June 2024.
It is also worth noting the pilot also consisted of regulations like ID verification and age verification. The search engine previously ran a similar pilot in Mexico last November, which will also extend to June 30. After that app developers will be able to publish their real-money gaming platforms on the Play Store apart from the fantasy sports category. In addition, Google revealed that it will also publish detailed policies citing the change in the upcoming months and will include guardrails like geo-restrictions and age limits .
It is also worth noting that a new service fee might be added on real-money games. This is said to be a key factor for Google Play Store’s revenue after the company faced worldwide scrutiny for allowing developers to use alternative payment methods.
Smit is a sports writer at Gutshot Magazine. After completing his Bachelor’s in Mass Media, and a Master’s degree in Sports Management, this sports fanatic uses articles as a tool to express his opinions. Bring up cricket or football and you will find this usually quiet guy speak for hours! He also co-heads the official supporters club of Chelsea FC in Mumbai, wherein he hosts screenings, football meets and other such events.