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In a major crackdown on illegal betting, the Cyberabad Special Operations Team (SOT) has busted three illegal online betting rackets spanning across several states taking bets on IPL matches. Speaking of the arrested to the media, Police Commissioner Stephen Ravindra said the first raid was conducted by SOT Shamshabad and RGIA PS team who booked […]
The post Cyberabad SOT busts three inter-state online cricket betting rackets, seizes Rs 1.84 crore appeared first on G2G News.

Witzeal Technologies, a gaming technology company, has surpassed 35 million (3.5 crore) registered users. The brand launches new games and features every quarter which it believes has played a significant role in reaching the milestone. In the recently ended fiscal year, Witzeal has launched Ludo and CandyCash on their multi-gaming platform, Big Cash and have […]
The post Witzeal’s user base crosses 3.5 crore with launch of Ludo, CandyCash and RummyKhel appeared first on G2G News.

Gaming and sports media platform Nazara Technologies saw a 21% increase in profit after tax (PAT) for FY23 along with a 75% increase in revenue and a 16% increase in EBITDA compared to FY22. Nazara released its financial performances for Q4FY23 and FY23 yesterday. The revenue rose to Rs 1091 crore in FY23 from Rs […]
The post Nazara’s profits rise by 18% to Rs 2.6 crore in Q4, 39% in FY23 to Rs 39.4 crore appeared first on G2G News.

The Enforcement Directorate (ED) recently issued fresh summon notices to Chikoti Praveen, Madhav Reddy, and Sampath relating to a probe in the alleged violations of the Foreign Exchange Management Act (FEMA) in recent Thailand gambling case. Apart from Praveen, BRS leader and Medak District Cooperative Central Bank Chairman Chitti Devender Reddy were also summoned to […]
The post ED summons Chikoti Praveen over Thailand gambling case appeared first on G2G News.

Macau has been a major player in the Asian casino industry, but there are several other destinations that offer similar experiences and are becoming increasingly popular with tourists. Further new projects like that of in Japan aim to target a large chunk of gambling revenues. The recent developments in luxury and gaming sectors in the […]
The post Asian casino options outside Macau: A booming activity hubs appeared first on G2G News.

GST rates for the online gaming sector are most likely to be finalised in the next GST Council meeting which is expected to be held in June as the state elections will conclude by then, said a finance ministry official. “We expect the next meeting of the GST Council would take up the report of […]
The post GST Council expected to finalise tax rate on online gaming in next meeting appeared first on G2G News.