Salone Sehgal On India's Gaming Reset After The Real Money Ban With Outlook Respawn (Part 1 of 3)

Podcast
01 Oct 2025
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When Parliament passed the real money gaming ban and headlines predicted doom, Salone Sehgal saw a reset that was already well under way.

In Part 1 of the Outlook Respawn x Lumikai series, Salone, Founder and Managing Partner of Lumikai, unpacks the shifts redefining India's gaming landscape.

She explains how talent began moving from real money gaming to original IP months before the ban, why 66% of real money gamers were already engaging with mid-core content, and how India's "Nokia moment" could catalyse the next generation of gaming giants. She also maps the five founder archetypes converging to build what comes next, pointing to Nintendo's gambling cards and Tencent's Mahjong roots as proof that some of the world's largest gaming companies were forged in moments of technology and consumer change.

If you want to understand what India's gaming industry looks like after the ban, this is where the story begins.

Press play and catch the reset from the start.