All Posts by admin

Illegal Chinese betting platform Fun88 offers illicit lottery, Satta Matka

After launching their advertisement campaign across Mumbai and Bengaluru metros last month, illegal Chinese betting website Fun88 has now started promoting itself through its new illegal offerings – lottery and Satta Matka. The illegal offshore betting platform is portraying itself as a legal betting and gambling entity and trying to lure in as many people […]
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Rockstar Games to release first look of GTA 6 on its 25th anniversary in December; fans excited

Rockstar Games, developers of some of the most popular video game franchises like Grand Theft Auto (GTA) and Red Dead Redemption, announced on November 7 the reveal of the next GTA game on the occasion of its 25th anniversary in December. The reveal was done on Rockstar Games’ official X account where the company expressed […]
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Madras HC to deliver decision tomorrow on online money gaming ban law constitutionality

The Madras High Court will deliver judgement tomorrow on batch of petitions challenging the newly enacted online gaming ban law by the DMK government earlier this year. The Stalin government has undertaken long drawn public consultation through a committee headed by Justice Chandru before enacting the law. Industry association AIGF, and gaming companies GamesKraft, Play24*7, […]
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Nazara Tech Q2 results: Revenue soars 12.7% Y-o-Y

On Wednesday, November 08, Nazara Tech disclosed its quarterly results for the second quarter of financial year 2023-24. As per the Q2 results, the profit of the company has increased from Rs 15.77 crore in Q2FY23 to Rs 24.2 crore. Furthermore, the firm saw a 12.7% increase in its year-on-year revenue, which stood at Rs […]
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Mahadev Book promoters booked by Mumbai Police for Rs 15,000 crore illegal betting case

On Tuesday, November 07, Mumbai Police got involved in the Mahadev Book betting probe. The body filed an FIR against the promoters of the app – Saurabh Chandrakar, Ravi Uppal, and Shubham Soni and others. The case is registered over illegal betting and cyber fraud amounting to more than Rs 15,000 crore. The said individuals are […]
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Gameskraft founder Prithvi Raj Singh receives Champions of Change Karnataka Award

Prithvi Raj Singh, founder of online gaming platform Gameskraft, was awarded the Champions of Change Karnataka Award for “Innovation & Skill Development” at a ceremony held at Radisson Blu Hotel in Bengaluru on November 7. He is among the 27 personalities who received a Gold Medal and a Citation by the Governor of Karnataka, Thawad […]
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Lionel Messi becomes co-owner of KRÜ Esports alongside compatriot Sergio Agüero

Football legend Lionel Messi has now entered the esports territory as he partners with compatriot Sergio Agüero to co-own KRÜ Esports. The Argentine organization was founded back in 2020 with its Valorant esports line-up being formed in 2021. The announcement was done on X through a video post captioned “Ahora somos 2” meaning “Now we […]
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Chhattisgarh: PM Modi targets Congress again for alleged involvement in Mahadev Book betting racket

Addressing the Bishrampur rally in the election-bound Chhattisgarh on Tuesday, November 07, Prime Minister Narendra Modi once again attacked the state government and chief minister Bhupesh Baghel over Mahadev Book illegal betting app. PM Modi questioned about the Congress allowing such a big gambling racket in the state of Chhattisgarh. He alleged that the ruling […]
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Goa: GCZMA clears offshore casinos to operate in Mandovi

Offshore casinos in Goa have now acquired their No Objection Certificates (NOCs) from the Goa Coastal Zone Management Authority (GCZMA). This comes a year and a half after the National Green Tribunal (NGT) made the clearance mandatory. With this, the offshore casinos can now freely operate in the Mandovi River up to 12 nautical miles. […]
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Online real money gaming firms on govt’s radar for money laundering, tax evasion possibilities

A detailed examination of money flow to and from online real money gaming firms was recently conducted by top government authorities such as the Enforcement Directorate (ED), Income tax (IT), and GST departments, suggesting that these companies might be involved in illegal activities. “The top government has conducted a detailed analysis of the sector highlighting, […]
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