In its recently filed prosecution complaint (PC) which is equivalent of a chargesheet, the Enforcement Directorate (ED) has claimed that Mahadev Book masterminds earn around Rs 450 crore every month through illegal betting on their network of online betting apps. Furthermore, a substantial amount is then invested in the Indian stock market through the Foreign […]
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Gaming News
Illegal betting site CBTF’s promoter Amit Majithia arrested in Dubai, to be deported to India
The owner of the illegal offshore betting website CBTF, Amit Majithia, has found himself in a new controversy. A girl from one of his clubs has committed suicide, while Majithia himself is diagnosed HIV positive. The news about his HIV came to light after Majithia was arrested by the Dubai National Security Guard for the […]
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Gaming News
Centre has the authority to ban betting apps, not state, says Chhattisgarh CM Bhupesh Baghel
Chhattisgarh Chief Minister Bhupesh Baghel has again questioned the central government on the issue of the Mahadev Book betting app. This time he has asked if they have accepted funds for not putting a ban on the illegal betting app. This comes soon after BJP Uttar Pradesh’s MLA Siddhartha Nath Singh accused the Chhattisgarh government […]
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The CBIC vide notifications dated 19th October 2023 amended Notification No. 11/2017 dealing with a rate on goods and /or services, exemption on goods and/or services, and reverse charge mechanism to give effect to the recommendations of the 52nd GST Council Meeting held on 7th October 2023. The changes also involved consequential amendments on account […]
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Gaming News
Exclusive: Sikkim HC asks DGGI to not take any further action in Delta Corp’s Rs. 628 crore GST showcause notice
A single judge bench of the Sikkim High Court comprising of Justice Bhaskar Raj Pradhan on 20th October issued notice on the interim application of listed casino and gaming company Delta Corp Limited challenging the showcause notice dated 27th September, 2023 asking Deltin Denzong, Gangtok, Sikkim to pay Rs. 628 crores as Goods and Services […]
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Mike Volkert, the Chief Executive Officer of Crown Melbourne, has announced plans for the redevelopment of the group’s original casino property and turn it into a Las Vegas-style integrated resort. While the casino has been maintained pretty well and still remains the “crown jewel of Melbourne” for the past 29 years, Volkert believes that it […]
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Huge development was seen in the Mahadev Book case as the Enforcement Directorate (ED) filed a chargesheet against the illegal betting racket. The comprehensive chargesheet was filed against 14 individuals before a Special Court in Raipur. The 197-page charge sheet filed under Prevention of Money Laundering Act (PMLA) was filed by ED’s zonal officer in […]
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Online poker platform Adda52 announced the conclusion of the 15th edition of the Deltin Poker Tournament (DPT). The tournament, held in partnership with the Deltin Group which celebrated its 10-year anniversary, brought together several prominent poker players from across the country. The event featured a prize pool of Rs. 2.5 crore with more than 700 […]
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Gaming News
If gambling was legalized across India scams like Mahadev Book would not happen: Anand Ranganathan
Analyst and author Anand Ranganathan, appearing on a news debate regarding the Mahadev Book illegal betting app scam, also touched on the topic of why gambling is not universally legalized in the country. Talking about Mahadev Book, Ranganathan expressed shock over how a juice seller from Chhattisgarh was able to siphon off over Rs 5000 […]
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Gaming News
Dream11 creates new milestone, becomes first online gaming company to reach 20 crore registered users
Online fantasy sports platform Dream11 on October 19 reached the milestone of 200 million registered users. Harsh Jain, CEO of parent company Dream Sports, posted a video on X celebrating the achievement. This is the first time a fantasy gaming platform has reached this many registered users. There is currently no 200 million celebration offer […]
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