Web3 focused gaming venture, Kratos Studios, has now launched ‘Kratos Games Network’ program. With this undertaking, the studio aims at investing Rs 50 crore across 10-15 gaming studios by March 2024. As of now, the company has already made monetization available to over 1.5 lakh gamers, aggregating to Rs 5 crore. Web2 game development studios […]
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The Congress Party has led allegations on the Mizo National Front for carrying corrupt acts in the state-run lotteries. As per Congress officials’ claim, ministers, and bureaucrats have teamed up with private entities to these acts of peculation. These organizations exploit the state lotteries, which leads to severe financial repercussions for the state government. It […]
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After four years of service, Siddharth Kedia, CEO of Nodwin Gaming, is stepping down from his position. The company is the esports and gaming division of Nazara Technologies. Following his departure, CFO Karandeep Singh will take over acquisition and investor relation duties while co-CEO Gautam Singh Virk will be looking after the operational part of […]
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28% GST on online money gaming: Punjab Guv approves SGST amendment bill after confrontation with AAP government
The Punjab Governor has assented to two of the three Money Bills that the AAP government has forwarded for his approval, just days before the first hearing of the petition the Aam Aadmi Party government filed against him in the Supreme Court. The Punjab Governor earlier refused to assent to the bills claiming the session […]
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Digital entertainment company, JetSynthesys, has partnered with venture accelerator firm Brinc. The firm will now be providing funding to startups and entrepreneurs in the gaming sector. Over 25 companies will get access to mentorship, resources, and financial support up to $200,000 as per the requirements. JetSynthesys will be the main investor in Brinc’s gaming accelerator. […]
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Gaming, entertainment and hospitality brand, Deltin completed a month-long celebration for the 10th anniversary of its property Deltin Royale. The ‘Tenniversary’ celebrations kickstarted on October 3 and went on till October 29. Deltin Royale, Delta Corp Limited which is India’s only listed gaming and casino company which operates casinos in Goa and Sikkim under the […]
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Founder and CEO of fantasy gaming platform Dream11, Harsh Jain, met superstar Rajinikanth in a recent event. The meet was arranged to celebrate the company’s recent achievement of reaching 200 million registered users. Jain also took to social media and shared the details of the meet. “As a Rajini fan (Thalaivar!) I couldn’t miss my […]
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A team of Enforcement Directorate (ED) officials from Kochi reportedly conducted raids on four casinos, including Cadillac Casino which is situated within Double Tree Hilton, on Monday, October 30. Reports suggest that the raids were only conducted at casinos that were also running an online business on the side. According to an official who spoke […]
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While the real money gaming (RMG) sector in India grapples with the cumulative Rs 1.5 lakh crore tax demand notices handed by the Directorate General of GST Intelligence (DGGI), illegal offshore betting firms are trying to make the most of the situation by luring more people with adverts claiming “No GST”. This is not the […]
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The Pakistan government has begun a crackdown on over 150 illegal betting surrogate brands after their years of operations which have presumably caused billions in losses to the nation’s economy. Minister for Information and Broadcasting Murtaza Solangi revealed that all government institutions, including the military, are working together to eliminate the illegal betting firms. Notably, […]
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