- Published on September 19, 2025
- In AI Features
Policy Could Pose Bigger Risk Than Technology, says E-Gaming Federation chief to AI community
Speaking at Cypher 2025, the E-Gaming Federation CEO called on AI firms to embed trust early by following ethical, legal frameworks.
- By C P Balasubramanyam
Anuraag Saxena, CEO of E-Gaming Federation, issued a sharp warning to India’s AI community at Cypher 2025. He urged companies to embed trust and engage policymakers early or risk the same fate as the recently banned real money gaming (RMG) sector.
Saxena argued that regulation, not sales or technology, poses the biggest threat to industries. He recalled how sudden policy moves have wiped out entire sectors: the coal block cancellations in 2014, the crypto ban in 2018, and the abrupt shutdown of the ₹20,000-crore online money games industry this year that employed two lakh people.
“Regulation is the biggest risk on your alphas,” he said, warning that firms with five or 5,000 employees could be destroyed overnight if they ignore policy engagement.
The Cost of Ignoring Policy
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C P Balasubramanyam
Bala is a journalist covering Indian tech companies and startups from Bengaluru.
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