News regarding the negative effects of online gaming keep surfacing timely. A lawyer has now filed a petition in the Bombay High Court (Nagpur Bench) requesting restrictions on online gaming activities. The lawyer, Rushikesh Ladekar, in his request, has asked to impose strict regulation on mobile games and betting. The lawyer further claimed that these […]
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Dream11-backed cricket NFT platform Rario has reportedly burned through its $120 million seed funding. The company raised the amount roughly 15 months back in its Series-A funding round. The company recently saw its co-founders Ankit Wadhwa (CEO) and Sunny Bhanot (CTO) relieve their positions, respectively. The move was dubbed as the investors’ strategic decision. Further […]
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Illegal offshore betting platform promotions show no signs of stopping. In fact, many of the platforms have doubled down on hiring celebrities to promote and dupe as many people as possible in a short amount of time. The latest celebrity to join the bandwagon is actress Kajal Aggarwal who has teamed up with banned betting […]
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The Asia/Pacific Group on Money Laundering (APG), in its mutual evaluation report (MER) released on September 8 on anti-money laundering and counter-terrorism financing, advised Nepal to further improve its supervision of non-financial businesses and professions, including casinos. The MER examined Nepal in light of its implementation and upholding of the 40 globally recognised criteria developed […]
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Pakistan Cricket Board (PCB) officials, Umar Farooq Kalson (team media manager), and Adnan Ali (general manager for international cricket) are facing severe backlash after being spotted at a Colombo casino during the ongoing Asia Cup. The actions of the officials are very likely to catch the eye of the International Cricket Council’s (ICC) Anti-Corruption Unit […]
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Team Top-G won the DOTA 2 event at the most recently held National Esports Championships (NESC) 2023 organized by the Esports Federation of India (ESFI), and has secured its place in the regional qualifiers of the Global Esports Games 2023. The team will now be facing Malaysia and Mongolia in the regional qualifiers in order […]
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A study conducted by Gambling Research Laboratory at Central Queensland University evaluated the impact of new Skill-based Gambling Machines (SGMs) compared to traditional Electronic Gaming Machines (EGMs) or Poker Machines on gamblers. The last few years have seen an increase in the number of SGMs. These machines are loosely based on video games combining gambling […]
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In a recent move, Sony hiked PlayStation Plus subscription prices which will also be affecting its prices in India. The subscription service saw a significant increase in price which offsets the discounted prices of its PS5 gaming console which is now available at Rs 54,990. The digital edition of PS5, in which players can only […]
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A 31-year-old businessman from Pilibhit, Bareilly took his own life on Thursday, September 7 due to losses incurred in online rummy. The man took the drastic step by jumping into a feeder canal of the Sharda river. The victim is identified as Amit Kumar Gupta, hailing from the Kalinagar town in Pilibhit district. Speaking on […]
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