Dream Game Studios, the gaming studio owned by Dream Sports, has launched its first mobile game, Dream Cricket 2024, in India and Pakistan ahead of the India-Pakistan clash at the ICC Cricket World Cup 2023.
Dream Sports is facing due to massive retrospective GST claims, that the company has launched its first mobile game, Dream Cricket 2024.
Dream Game Studios, Dream Sports' mobile gaming studio, launched its first game, Dream Cricket 2024, in India and Pakistan after debuting the title in Bangladesh last month.
Free-to-play and paid video games in India are still taxed at an 18% GST rate on app sales and in-app purchases, as they do not involve staking or wagering.
Dream Game Studios claims that Dream Cricket 2024 is one of the most advanced AAA mobile games ever made in India, with realistic gameplay, voice commentary, and 3D graphics. AAA games are typically high-budget video games with high production values.
Dream Cricket 2024 features 3D realistic faces of several current and former Indian and international cricket players, as well as stadiums including the Ahmedabad Stadium, the world's largest cricket stadium, which will host the World Cup final next month.
On October 13, Dream Game Studios introduced a new cricket World Cup game mode that allows users to play as one of the 10 international teams in a World Cup. Users can also experience each World Cup match in real-time, just like in real life.
Dream Cricket 2024 will feature at least 48 "Match of the Day" encounters in a variety of formats, including Super Over blitz and 5-over ODIs. Players can choose any of the participating teams and play as many times as they want, with victories rewarding them with World Cup tickets.
The launch of Dream Cricket 2024 comes at a time when India's gaming sector is maturing, with users becoming more sophisticated and the industry reaching an inflexion point in terms of scale and revenue.
Its mobile and PC gaming revenue is projected to reach $868 million in 2023, according to Niko Partners. This is set to grow at a compound annual growth rate of 17.2% to touch $1.58 billion by 2027, excluding revenue generated by real money games.
JetSynthesys, a gaming company backed by Infosys co-founder Kris Gopalakrishnan, Serum Institute of India CEO Adar Poonawalla, and cricket icon Sachin Tendulkar, has developed two popular mobile cricket game franchises: Sachin Saga and Real Cricket. Meanwhile, Nazara Technologies-owned Nextwave Multimedia offers a third popular mobile cricket game franchise called the World Cricket Championship.