Speaking on the current situation with derivative trading, Managing Director & CIO for Aequitas Investment Consultancy Siddhartha Bhaiya said that it has turned options trading into a casino without any glamour. Furthermore, Bhaiya also remarked derivatives trading market and the National Stock Exchange (NSE) as India’s Las Vegas. “The biggest form of gambling in India […]
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Gaming and esports company JetSynthesys is now set to expand globally. With their latest partnership, JetSynthesys has now joined hands with Digital Hearts Holdings (DHH). The Japan-based listed company will help in bettering the efficiency of company’s offerings. With this, the companies will form a 50:50 joint venture in India, while DHH will also invest […]
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Maharashtra: Sanjay Raut lashes out at BJP state president for gambling Rs. 3.5 crores in Macau casino, BJP denies charge
On Monday, November 20, Member of Parliament (MP) and Shiv Sena (UBT) leader Sanjay Raut took a dig at BJP Maharashtra’s president Chandrashekhar Bawankule as the latter was spotted playing poker at a casino in Macau, China. Raut attacked the party president and also accused that he had spent more than Rs 3.5 crore in […]
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Crown Resorts has decided to cut 180 jobs at its Sydney casino along with reducing the operating hours due to lower visitor count. The announcement was done today, where staff were informed of the cuts both in manpower and working hours. Prior to this, the casino operated 24/7. However, that is not feasible anymore due […]
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New Zealand: Incidences of gambling addiction among secondary school students on the rise
Reports of students in secondary schools across New Zealand taking part in online gambling activities are creating concerns among various stakeholders. A recent investigation by New Zealand Herald revealed that the students access offshore gambling websites even during school hours, with online casino and sports betting being the most popular forms of gambling among them. […]
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Centre has authority to regulate online gaming: MeitY to Delhi HC in response to PIL by SOCH
Responding to the Public Interest Litigation (PIL) filed by Noida-based NGO Social Organization for Creating Humanity (SOCH) in July, the Centre submitted its response in the Delhi High Court late last week. As per the PIL, SOCH challenged the constitutional validity of the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Amendment Rules, 2023 […]
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Australia’s win against India in the ICC Cricket World Cup final in Ahmedabad yesterday set back a majority of punters as the fan-favoured team bit the dust. Multiple prominent online betting platforms in Australia were offering nearly three times the returns on bets made on Australia. The returns in favour of India were usually around […]
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In the last few years, online gaming has become more and more popular due to cheap internet and the free-to-play models introduced by gaming companies. Paired with the competitive environment, every player has at least tried a hand at online gaming once to test their skills. There are mainly two different forms of online gaming […]
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The ICC Cricket World Cup final is here with the home team India clashing against Australia today at the Narendra Modi Stadium in Ahmedabad. The anticipation and excitement for the final is high among fans. The same can be said about people who intend to bet on the game around the world. News reports coming […]
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Gaming is increasingly becoming one of the most popular activities across the world so much so that many people now compete across many games with multiplayer Player vs Player concepts. Esports started to become popular back in the year 2000 in Asia due to the highly competitive outlook towards games among youngsters. It later spread […]
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