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WinZO concludes third round of ESOP liquidation

Online gaming startup, WinZO, announced its third round of ESOP liquidation, providing an opportunity for eligible team members to partially liquidate their vested ESOPs. WinZO executed its first and second ESOP liquidation programs for its current and former teams in 2021, amidst the tumultuous times of COVID-19 pandemic. WinZO’s recent ESOP liquidation exercise is a […]
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BGMI new gameplay changes, regulatory aspects review

Battlegrounds Mobile India (BGMI) got unbanned a few days ago and took the mobile gaming market by storm with reaching the top of the chart in Google Play Store in only a few days. Players are excited to get their hands on the latest BGMI gameplay, while the company is happy to have their game […]
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New Zealand amends requirements at pokies venues to minimize harm

New Zealand government announces new changes to requirements at the pokie venues in order to reduce the harm to players. The new changes will come in effect stating Thursday, June 15. Internal Affairs Minister, Barbara Edmonds on the matter said, “Pokies are one of the most harmful forms of gambling. They can have a detrimental […]
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Punjab: Police book Lawrence Bishnoi’s men for running gambling racket using Diamond Exchange

Punjab Police recently booked three people for allegedly operating an illegal online gambling platform Diamond Exchange. These operators were confirmed to have the backing of popular gangster Lawrence Bishnoi. According to the Director General of Police (DGP) Gaurav Yadav, the operatives used to lure people to join Diamond Exchange with fake promises of higher than […]
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AIGF releases draft model charter for online gaming SRB: A brief look

Gaming industry body All India Gaming Federation (AIGF), which is forming one of the self-regulatory bodies (SRB), has released a draft model charter, outlining all the important steps that need to be taken by the SRBs and its members under the new IT rules. The charter focuses on several aspects including the principles governing the […]
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BGMI tops charts for free games on Play Store within one week of unban

Battlegrounds Mobile India, alias BGMI, has made a historic comeback as it is currently topping the charts for “Top Free Games” available on Android’s Google Play Store as well as Apple’s iOS App Store. Surprisingly, the game was available on the said platforms after Monday, May 22 and thus, the game achieved the feat in […]
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UK man dupes people out of £272k, spends all on online gambling

Jody Oliver from Newport, United Kingdom pretended to be a luxury cruise liner captain and duped people, who were looking to spend a holiday on the sea, out of £272,000 (Rs 2.79 crore). Shockingly, the Cardiff Crown Court in Wales has ordered Oliver to pay a fine of £350 (Rs 35,891) only after he spent […]
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iQOO to pay Rs 10 lakh to play games: All you need to know

Vivo, creator of mobile brand iQOO, is looking for its first Chief Gaming Officer (CGO) who will be responsible for co-creating an improved gaming experience by playing games and providing their feedback. In a press release, the company stated that their CGO needs to be a gaming enthusiast who will have to work closely with […]
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Gaming poised to emerge as viable source of income in India: EPWA-CJT study

A study on online gamers in India has revealed the growing trend of gaming emerging as a career option in India and not just being limited to a means of entertainment. Based on the study, 83% of the respondents consider gaming as either a primary or secondary source of income, highlighting the paradigm shift towards […]
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MeitY to certify ‘permissible’ online games until SROs are formed

Rajeev Chandrasekhar, Minister of State for the Ministry of Electronics and Information Technology (MeitY), has announced that the Centre will be certifying which online games are permissible until the self-regulatory organizations (SROs) are established. This comes after the government’s announcement of forming their own SROs if the gaming industry fails to do so. Earlier, MeitY […]
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