Offshore betting sites: Understanding the key provisions of Gibraltar gambling licensing regime

Gibraltar is a British Overseas Territory located at the southern tip of the Iberian Peninsula, sharing a border with Spain. Despite being British, it has a separate political and legal system, making it a self-governing jurisdiction with its own parliament. The political status of Gibraltar is a source of occasional tension between the UK and […]
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ED attaches assets of bank employee who misused customer FDs to play online games

Former Punjab & Sind Bank official, Bedanshu Shekhar Mishra, finds himself entangled in a web of financial misconduct as the Enforcement Directorate (ED) takes decisive action against him. The federal agency has clamped down on Mishra, attaching assets worth ₹2.56 crore, following allegations that he recklessly siphoned off over ₹52 crore from customer fixed deposits […]
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Online gaming scandal: Bank employee steals ₹52 crore from customer’s fixed deposits

Former Punjab & Sind Bank official, Bedanshu Shekhar Mishra, finds himself entangled in a web of financial misconduct as the Enforcement Directorate (ED) takes decisive action against him. The federal agency has clamped down on Mishra, attaching assets worth ₹2.56 crore, following allegations that he recklessly siphoned off over ₹52 crore from customer fixed deposits […]
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Goa casinos to remain closed to commemorate Ram Mandir’s inauguration

Casinos in Goa have voluntarily chosen to stop their gaming operations in reverence of the grand opening of the Ram Mandir in Ayodhya. The decision to halt activities has been made for a specific time frame, with casinos closing their doors between 8:00 am and 4:00 pm on January 22. This move aligns with the […]
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Top 10 budget-friendly gaming accessories you can buy in 2024

In the dynamic world of gaming accessories, choosing the right equipment can significantly impact your gaming experience. From headsets to keyboards and mouse, the market is flooded with options catering to various preferences and budgets. Among the range of gaming accessories, we will explore some of the latest offerings, ranging from gaming headsets with immersive […]
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Dream Sports reports 66% surge in FY23 revenue despite GST woes

Dream Sports, the parent company of popular fantasy sports platform Dream11, witnessed a substantial 66% increase in revenue from operations for the financial year 2023, reaching Rs 6,384.49 crore compared to Rs 3,841 crore in FY22. The company’s consolidated revenue grew by 62%, totalling Rs 6,581 crore in FY23. Profit after tax also saw a […]
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ED cracks down on illegal online satta matka betting, attaches assets worth Rs. 8.89 crore

In a move against illegal online satta matka betting, the Directorate of Enforcement (ED) has provisionally attached movable and immovable properties valued at approximately Rs. 8.89 Crore under the Prevention of Money Laundering Act, 2002. The attached properties include 10 immovable properties and 5 bank accounts linked to various accused persons, notably the mastermind, Lokesh […]
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ICC relaxes clothing and equipment regulations to permit betting sponsorships, West Indies first team to benefit

The International Cricket Council (ICC) has recently voted in favour of permitting national teams to sign sponsorship arrangements with betting companies for playing attire and equipment. The relaxation is applicable for ODI and test matches but not for ICC tournaments like World Cups. From 2005 until the middle of last year, the ICC’s clothing and […]
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Madras High Court division bench dismisses tech companies appeal on Google’s billing system

The Madras High Court, on Friday, dismissed civil appeals filed by mobile app companies challenging a prior single-judge bench’s decision that upheld Google’s new user choice billing system. The contentious issue revolves around the service fees imposed on startups utilizing Google Play to feature their Android applications, and offering digital goods or services to users. […]
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Sahaj Gaming secures Pre-Seed funding led by Antler

Sahaj Gaming, a budding gaming start-up, has successfully raised pre-seed funding, with Antler India leading the investment. Notably, the company’s recently launched beta version of the game 1ludo has garnered significant attention, boasting an impressive 25,000 pre-registrations. The game is currently available for pre-registration on the Google Play store and is slated to go live […]
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