Home Minister Dr G Parameshwara declared the government’s intention to investigate potential legislation aimed at regulating betting activities and curtailing the proliferation of online gambling applications within the state. As reported by Deccan Herald, during a session in the Legislative Assembly, Parameshwara emphasized the detrimental impact of cricket betting on families across the state. He […]
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Congress legislators in the Madhya Pradesh assembly staged a walkout on Tuesday in protest against proposed amendments to the Goods and Services Tax (GST) Bill 2023, which seeks to levy a 28 per cent tax on online gaming including betting reported NaiDunia. The opposition party criticised the move, alleging it was an endeavour to legitimize […]
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In a significant crackdown on cyber fraud related to the Mahadev betting app from Moradabad, Uttar Pradesh, the police have arrested seven suspects, including the mastermind of a cyber fraud gang. According to sources, these individuals were involved in defrauding people through the Mahadev betting app, with a total scam amounting to 21 crore rupees, […]
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Sporta Technologies, the operator of fantasy sports platform on Tuesday filed an appeal in the National Company Law Appellate Tribunal (NCLAT), Delhi against the National Company Law Tribunal (NCLT) Mumbai order admitting an insolvency petition against the unicorn money gaming platform. NCLT appointed Madan Bajrang Lal Vaishnawa as the interim resolution professional to conduct the […]
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To expand revenue streams, X, led by CEO Linda Yaccarino, has entered into a partnership with leading sports betting platform BetMGM. The announcement, made by Yaccarino on Friday, heralds the integration of sports betting services directly into the X platform, offering users an enhanced interactive experience. Yaccarino expressed enthusiasm for the partnership, emphasizing the aim […]
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The National Company Law Tribunal (NCLT) in Mumbai has admitted an insolvency plea against Sporta Technologies, the parent company of the popular fantasy sports platform Dream 11, owing a debt exceeding Rs. 7 crores. The decision, made on February 9, came in response to a petition filed by Piyush Jani, representing Reward Solutions Pvt Ltd, […]
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Gaming News
Goa government collects Rs. 820 crore revenue from casinos, no plans to shut down despite controversies
Goa and its casinos have been a combination for several years now, with the capital Panaji situated along the Mandovi River, drawing the attention of tourists visiting these casinos. Disputes have arisen over the years regarding the operation of these casinos, with demands for some to be shut down. Allegations have also been made that […]
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Understanding Hand Rankings and Odds Mastering online poker begins with a solid grasp of hand rankings and odds. Before diving into complex strategies, ensure you’re clear on which hands beat others. This knowledge is the foundation of your decision-making process. Additionally, understanding the odds is crucial. It’s not just about the hand you’re holding but […]
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The National Basketball Association (NBA) and the Women’s National Basketball Association (WNBA) have announced a significant multiyear extension of their collaboration with the fantasy sports giant Dream11, aimed at enhancing the presence of basketball in India. Under this renewed partnership, Dream11 will continue its role as the official fantasy gaming partner of both the NBA […]
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Gaming News
Study reveals concerns over celebrity endorsements leading children to view gambling as normal and attractive
A recent study funded by the Australian Research Council has uncovered alarming insights into how children as young as 12 perceive celebrity endorsements of gambling. The Guardian reported about this research conducted by Deakin, Wollongong, and Curtin universities, children expressed beliefs that celebrities and influencers paid to promote gambling make the activity appear safe, normal, […]
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