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Indian online gaming app Mobile Premier League (MPL) will sack about 60% of its local workforce as part of a major downsizing after the government banned paid games, said a company source with knowledge of the plan, in the first such reaction to a new law.
Prime Minister Narendra Modi’s government this month banned online paid games, citing financial and addiction risks especially among youth, leading to a shutdown of many gaming apps offering paid fantasy cricket, rummy and poker games.
The law shocked an Indian industry backed by venture capital…
