Online Gaming, Real-Money & Esports

FANTASY · RMG · CASUAL · MIDCORE · ESPORTS · GST & REGULATORY

Online Gaming, Real-Money & Esports
Executive Search

34+ Gaming / Esports Placements — with an average 82 Days time-to-placement and a 12-month candidate guarantee.

34+

Gaming / Esports Placements

82 Days

Avg. Time-to-Placement

90%

Offer Acceptance Rate

12 Months

Candidate Guarantee

Specialisation withinMedia, Entertainment & Sports·Creating the Stories That Matter

About This Specialisation

Online gaming in India is a ₹16,500-Cr category (pre-GST impact) spanning fantasy sports (Dream11, My11Circle, MPL, Fantasy Khiladi), real-money gaming / RMG (rummy, poker — Games24x7, RummyCircle, PokerBaazi, Adda52, Junglee Rummy, A23, Gameskraft Pocket52), casual / midcore mobile gaming (Nazara Technologies — listed, Nodwin, Sportskeeda, Games2Win, Moonfrog, Kavalri, Mech Mocha, Jump Games), esports (Skyesports, NODWIN Gaming, Loco, Rooter, JetSynthesys, Nazara Kiddopia) and emerging console / PC games (Sumo India, Indus — SuperGaming, Studio Sirah). Post October 2023 28% GST on full-face-value and subsequent Supreme Court / HC challenges, the RMG tranche has gone through major restructuring.

Is This Your Situation?

If any of these sound familiar, you're speaking to the right practice.

A fantasy-sports platform re-hired its leadership post GST impact — CEO, CFO, Chief Regulatory Officer placements over 9 months

A casual-gaming publisher sought a CPO to rebuild its portfolio — placed in 84 days, new game crossed 25M downloads in 6 months

An RMG operator hired a Chief Regulatory Officer to lead SRO / MeitY / court navigation — closed in 76 days

An esports platform needed a Head of Content & Publisher Relations — placed in 82 days, 3 new publisher partnerships signed

Our Online Gaming & Esports Track Record

34+
Gaming / Esports Placements
82 Days
Avg. Time-to-Placement
90%
Offer Acceptance Rate
12 Months
Candidate Guarantee
Recent Mandates
Fantasy-Sports Platform — Leadership Rebuild Post GST

Situation:

A fantasy-sports platform needed to rebuild CEO / CFO / Chief Regulatory Officer positions post-GST P&L reset.

Outcome:

Placed three C-suite leaders over 9 months; platform stabilised operations at revised scale; returned to operating profitability within 14 months.

Casual-Gaming Publisher — Chief Product Officer

Situation:

A listed casual-gaming publisher sought a CPO to rebuild its mobile-game portfolio.

Outcome:

Placed a candidate from a global gaming-publisher studio in 84 days; first new title crossed 25M downloads in 6 months; portfolio ARPU +34%.

All client details anonymised. Specific mandates available for reference under NDA upon request.

Our Online Gaming & Esports Practice

Online gaming in India is a ₹16,500-Cr category (pre-GST impact) spanning fantasy sports (Dream11, My11Circle, MPL, Fantasy Khiladi), real-money gaming / RMG (rummy, poker — Games24x7, RummyCircle, PokerBaazi, Adda52, Junglee Rummy, A23, Gameskraft Pocket52), casual / midcore mobile gaming (Nazara Technologies — listed, Nodwin, Sportskeeda, Games2Win, Moonfrog, Kavalri, Mech Mocha, Jump Games), esports (Skyesports, NODWIN Gaming, Loco, Rooter, JetSynthesys, Nazara Kiddopia) and emerging console / PC games (Sumo India, Indus — SuperGaming, Studio Sirah). Post October 2023 28% GST on full-face-value and subsequent Supreme Court / HC challenges, the RMG tranche has gone through major restructuring.

Gladwin’s Online Gaming, Real-Money & Esports practice places CEOs, Chief Product Officers, Chief Technology Officers, Chief Marketing / Growth Officers, Chief Regulatory / Public Policy Officers, Heads of Game Studios, Heads of Esports Publisher Operations and Heads of Compliance. Every search factors the post-GST compliance reset, state-level RMG bans (TN, AP, KA, etc. with court reversals), SRO (Self-Regulatory Organisation) architecture under MeitY Online Gaming Rules 2023, and the player-trust-and-fair-play discipline that differentiates survivors.

As a specialist CEO mandates in gaming platforms, our practice also covers Chief Product Officer searches, our practice also covers Media, Entertainment & Sports practice overview, and as a source for Media — music & live entertainment.

Market Context

The Online Gaming & Esports Landscape Today

The October 2023 28% GST on RMG full-face-value reshaped RMG P&Ls — many operators consolidated, some exited; leaders (Dream11, Games24x7, MPL) have returned to profitability at lower scale. Fantasy-sports and rummy / poker remain the anchors; casual / midcore continues to grow 25–30% CAGR. Esports crossed ₹450 Cr with BGMI / Valorant / Free Fire MAX driving scale. MeitY Online Gaming Rules 2023 have created SRO architecture (pending final notification) and 3-tier grievance. Gaming-adjacent Web3 / NFT categories remain in regulatory limbo. Investor appetite has returned for non-RMG categories.

Key Leadership Challenges in Online Gaming & Esports

28% GST on full-face-value RMG — P&L re-architecture, player-deposit-scheme navigation, court-judgment monitoring

State-level RMG bans and High-Court litigation — real-time geo-blocking, state-specific compliance

MeitY Online Gaming Rules 2023 / SRO framework navigation — permissible-games framework, KYC, addiction-framework

Player-trust-and-fair-play governance — fair-play algorithm audits, responsible-gaming compliance, addiction mitigation

Fantasy-sports-specific regulation — skill-vs-chance jurisprudence across states

Esports publisher relations and broadcast-rights economics

What We Look For in Online Gaming & Esports Leaders

Across mandates, online gaming & esports leadership tends to cluster into a small set of archetypes. We calibrate each search against the profile your board actually needs — not the one most commonly available.

01

The Gaming CEO

A senior leader with 12–20 years across fantasy / RMG / casual / esports, product-and-commercial dual fluency, SRO / MeitY / state-regulatory navigation credibility and the governance rhythm of investor reporting through regulatory volatility.

02

The Chief Product Officer

A product / game-design leader with live-ops / retention-loop / monetisation-architecture credibility across 3–8 shipped titles, and MAU / ARPU / retention discipline.

03

The Chief Regulatory / Public Policy Officer

A public-policy leader with MeitY / Niti Aayog / MoF / state-government / court-of-record engagement credibility, SRO-architecture fluency and industry-body stewardship (AIGF / E-Gaming Federation / FIFS).

04

The Growth / Marketing Leader

A growth / marketing leader with gaming-user-acquisition credibility, IPL / ISL / cricket-property sponsorship architecture and deep D-to-C performance-marketing stewardship.

05

The Esports Leader

An esports leader with publisher-partnership stewardship (Krafton / Riot / Garena / Activision), tournament-operations credibility and broadcast / streaming-partnership economics.

06

The Compliance / Responsible-Gaming Leader

A compliance leader with KYC / AML / GST / TDS (Section 194BA) / responsible-gaming discipline and the temperament for multi-state court-and-regulator engagement.

Regulatory & Compensation Context

Regulatory Backdrop

Public Gambling Act 1867 (predating Constitution — state-subject) with individual state-level gaming legislation (e.g., Tamil Nadu Prohibition of Online Gambling and Regulation of Online Games Act 2022 — partially struck down, Andhra Pradesh, Karnataka — struck down, Kerala); IT (Intermediary Guidelines and Digital Media Ethics Code) Amendment Rules 2023 for Online Gaming Intermediaries with SRO architecture (pending full SRO notification by MeitY); Supreme Court and High Court jurisprudence on skill-vs-chance (K.R. Lakshmanan 1996, Rummy Circle, Games24x7 judgments); GST Amendment Act October 2023 introducing 28% on full-face-value of RMG; Finance Act 2023 Section 194BA with 30% TDS on net-winnings; PMLA 2002 and FIU reporting for RMG operators; DPDP Act 2023 for player personal-data; Companies Act 2013; FEMA for foreign investment; All India Gaming Federation (AIGF) / E-Gaming Federation (EGF) / Federation of Indian Fantasy Sports (FIFS) as industry bodies under SRO framework.

Compensation Architecture

Gaming CEOs: ₹4–12 Cr fixed + STI + significant ESOP at VC-backed / listed platforms; CPO: ₹3–7 Cr + ESOP (engineering-gaming-product premium); CTO: ₹3–7 Cr + ESOP; CMO / Growth: ₹2.5–5.5 Cr + user-acquisition-efficiency STI; Chief Regulatory Officer: ₹2.5–5 Cr (post-GST premium for regulatory-navigation credibility); Heads of Game Studios: ₹2–4.5 Cr; Heads of Compliance: ₹1.5–3 Cr.

Roles We Typically Place

CEO / MD — Online Gaming / RMG / Esports
Chief Product Officer / Head of Game Design
Chief Technology Officer
Chief Marketing / Growth Officer
Chief Regulatory / Public Policy Officer
Head — Game Studio / Game Production
Head — Compliance / KYC / Responsible Gaming

Why Gladwin International Leadership Advisors for Online Gaming & Esports

1

CEO / MD searches at RMG, fantasy, casual / midcore and esports platforms

2

Chief Product Officer searches with gaming-product / game-design credibility

3

Chief Technology Officer searches with RTP / fair-play engine / real-time-infra depth

4

Chief Marketing / Growth Officer searches with gaming-user-acquisition credibility

5

Chief Regulatory / Public Policy Officer searches

6

Head of Game Studios / Head of Game Production searches

7

Head of Compliance / KYC / AML / Responsible-Gaming searches

Organisations We Serve

Fantasy sports — Dream11 (Dream Sports), My11Circle (Games24x7), MPL, Howzat (Junglee Games), Fantasy Khiladi

RMG (rummy / poker / multi-game) — Games24x7 / RummyCircle, PokerBaazi (Baazi Games), Adda52 (Delta Corp), Junglee Rummy, A23 (Head Digital Works), Gameskraft (Pocket52), MPL Rummy

Casual / midcore — Nazara Technologies (listed), Moonfrog Labs, Games2Win, Mech Mocha, Kavalri, Jump Games

Esports — NODWIN Gaming (Nazara), Skyesports, Loco, Rooter, JetSynthesys, Fanclash

Console / PC / hybrid — SuperGaming (Indus), Studio Sirah, Sumo India, Lightfury Games, Nodwin Publishing

Gaming-adjacent — Delta Corp (casino + online), Nazara Kiddopia, BookMyShow Gaming

Assessment Framework

Online Gaming & Esports leaders assessed on the Media & EntertainmentSPECTRUM” framework

Seven dimensions calibrated for media, entertainment, and sports leadership. Dimensions are calibrated for online gaming & esports mandates where relevant.

01Content Strategy & Creative Judgement
02Digital Platform & Streaming Technology Fluency
03Audience Analytics & Monetisation Strategy
04Sports Commercialisation & Rights Management
05Advertiser & Sponsor Relationship Development
06Regulatory Navigation (IT Rules, Content Guidelines, Gaming Laws)
07IP Creation & Multi-Platform Distribution
See the full Media & Entertainment practice methodology

Parent Practice

Return to Media, Entertainment & Sports

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