Gaming News

TNPL teams onboard surrogate websites of illegal offshore betting companies as jersey sponsors

The Tamil Nadu Premier League (TNPL) 2023 season, comprising eight teams, got underway on June 12. Interestingly, most of the teams participating in the T20 cricket league are sponsored by surrogate brands of banned offshore betting websites. The teams having such sponsors sport logos of these surrogate brands on the front of their jerseys. Gambling […]
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BCCI releases new sponsor terms; RMG, betting brands not allowed to bid

On Wednesday, June 14, the Board of Control for Cricket in India invited for bids for sponsoring the national cricket team, as Byju’s, its existing lead sponsor, backed out of the sponsorship deal earlier this year in March. BCCI secretary Jay Shah in a recent release said, “The BCCI invites bids from reputed entities for […]
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Online gaming conversion racket accused may have links to elements out of country

In the recently uncovered online gaming religious conversion racket, the police have found Pakistani email IDs on the arrested individual Shahnawaz Khan’s mobile phone, raising suspicion of links to a bigger racket being operated from outside the country. Shahnawaz was recently sent to a 14-day judicial custody by UP’s Ghaziabad court under the Uttar Pradesh […]
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2014 letter from MHA to Sikkim’s Finance Dept clarifies states can regulate online gambling

A recent tweet by technology and gaming lawyer Jay Sayta has revealed that the states do hold the authority to regulate online gambling and betting. The tweet contains a letter which was sent by a Ministry of Home Affairs (MHA) official to Sikkim’s Finance Department in 2014, clarifying the legal standing of online gaming in […]
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US judge temporarily blocks Microsoft’s acquisition of Activision Blizzard

A US district judge on Tuesday approved the Federal Trade Commission’s (FTC) request to temporarily block Microsoft’s $69 billion acquisition of Activision Blizzard. The FTC’s request for a preliminary injunction will be the subject of a two-day evidentiary hearing in San Francisco on June 22–23, according to U.S. District Judge Edward Davila. Microsoft could have […]
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TECNO Mobile and Skyesports unite for return of BGMI with Skyesports Champions Series

Smartphone brand TECNO Mobile has joined forces with esports tournament organizer Skyesports as the title sponsor for the Skyesports Champions Series (SCS). The 10-day Battlegrounds Mobile India (BGMI) tournament features one of the best Indian esports teams vying for glory and a share of the Rs. 25 lakh prize pool. The SCS pits the esports […]
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Central govt likely to move transfer petition in Supreme Court to club all pending online gaming GST cases

As reported last week, the revenue department will in all likelihood file an appeal directly to the Supreme Court against the single-bench ruling of the Karnataka High Court that had quashed the Rs. 21,000 crore Goods and Services Tax (GST) showcause notice issued to Gameskraft Technologies Private Limited. It may be noted that by an […]
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GST Council may define online gaming for taxation clarity

According to a senior government official, the upcoming GST Council meeting is likely to discuss the Group of Ministers’ (GoM) report and decide on the tax rate for online gaming along with considering defining it. “A clarification in the tax law will be enough. Definition is important for taxability. A distinction will have to be […]
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WinZO crosses 40 billion micro transactions in FY23, estimates 55 billion in FY24

Online gaming platform WinZO has reported that the company crossed 40 billion micro transactions in FY23 and estimates it will cross 55 billion in FY24. Micro transactions are usually carried out in free-to-play games for in-game purchases. They can take many forms including game characters, battle/season pass, cosmetics, etc. and can range from tens of […]
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Casual gaming studio HighXP raises $2.2 million in seed funding round led by 3one4 Capital

Casual gaming studio HighXP has raised $2.2 million in seed funding led by 3one4 Capital along with Prime Venture Partners and Gemba Capital. The company also saw the participation of several big names in the gaming industry, like Co-Founder COO Junglee Games, Rahul Bhardwaj and CEO of Jetsynthesys, Anuj Tandon. According to an official release, […]
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