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ADDA52 RUMMY
'Deposit krke ready rho. Jackpot karenge': How online gamblers are dodging India’s real money gaming banBy early September, a Telegram group with over four lakh members was actively promoting Lucky Jet, a high-speed ‘crash game’ where players ...- New law likely to fuel shift from real-money gaming to esports, casual gamesThe Promotion and Regulation of Online Gaming Act, 2025, is expected to boost esports and casual gaming in India by providing regulatory cl...
- Head Digital Works to acquire Adda52 parent firm for Rs 491 croreHead Digital Works announced it will acquire Deltatech Gaming Ltd, the parent company of Adda52, for Rs 491 crore. The acquisition will occ...
- Gaming firms offer to pick up tax bill to keep players hookedCompanies are subsidising tax liability on users through deposit offers and bonuses, say industry insiders.
- Delta Corp Q1 Results: Net profit rises 19% YoY to Rs 679.1 mn on sustained casino demandGrowing revenue offset total expenses for the quarter, which inched up 9% to 1.95 billion rupees, with licence fees and registration charge...
- Delta Corp subsidiary Deltatech Gaming files for Rs 550 crore IPOThe issue, of one rupee face value per equity share, consists of a fresh issue of shares worth up to Rs 300 crore and an offer-for-sale (OF...
- As state governments come down on real-money gaming, companies ask for regulation instead of banOver half a dozen state governments are trying to ban some or all forms of real-money gaming (RMG). The states are forced to step in as the...
- Big league awaits Indian online gaming firms in 2021Fundraising by Indian online gaming firms in 2021 is expected to surpass previous records as investors will look to make the most of people...
- Indians bet on online gaming to kill boredomOnline gaming nights are one way of socialising and competition with money makes it more exciting, said an expert. Online games involving e...
- Real-money gaming firms make a bigger betCard-based games such as rummy and poker, from companies such as Adda52, RummyCircle and Ace2Three, were part of the first wave of realmone...
- Is online poker becoming the next big thing for the Indian millennial?A lot of youngsters are earning a livelihood playing the game.
- New casino policy of Goa government can be a win-win for everybody: Jaydev Mody, Delta CorpGovt should bring multi-billion dollar gaming business can be bought under tax net, says Mody
- Poker and eSports see surge in IndiaThe latest to join the expanding bailiwick of ‘brain duels’ is Gaurav Gaggar, incubator of the country’s largest poker and card games site ...
- Gaming startup Rummy Passion divests 51% stakeThis comes after two other poker and rummy online gaming portals Adda52 and Ace2Three were also acquired.
- Gaming company Delta Corp completes Adda52 DealAs per a recent report by Google-KPMG, the online gaming industry in India is expected to grow to $1 billion by 2021.
- Morality or money? Tobacco, liquor, casino stocks surge up to 225% in five yearsSome people consider buying liquor, cigarette or playing games in casino against their ethics.
- Matrix Partners earns 20 times returns after selling its stake in online rummy gaming companyThe venture capital firm is said to have made over Rs 257 crore on its seven-year-old investment, as the Canadian investment firm Clairvest...
- Canada's Clairvest buys majority in rummy portal Ace2Three for $74 millionAccording to Gullapalli, Clairvest Group’s existing investments in the global gaming industry will be of strategic help in exploring other ...
- India's poker startups industry worth $120 million slowly becoming a profit-making modelIt’s a patch start, but Karnataka, West Bengal and Nagaland are the only states to have given a clear verdict, classifying poker as a skill...
- Delta Corp may buy rummy website ace2three.com for $80-100 millionSources say Delta Corp on its part is keen to structure the buyout via conversion instruments, whereas ace2three.com might insist on a cash...
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