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GAMESKRAFT STATEMENT
ED widens net globally against online gamingThe Enforcement Directorate is issuing Letters Rogatory to several countries, including the US and Singapore, to investigate alleged procee...
ED freezes deposits worth Rs 523 crore in probe against online gaming platforms WinZo, GameskraftThe Enforcement Directorate has frozen Rs 523 crore in deposits belonging to online gaming firms WinZO and Gameskraft. These companies alle...
Gameskraft lays off 120 amid real-money gaming ban, CFO fraudGameskraft has laid off 120 employees due to the new online gaming regulations and halted operations. The company also filed a police compl...
Gameskraft net profit falls due to unsanctioned payments, GST impact; files police complaintOnline gaming firm Gameskraft reported a net profit drop in FY25, impacted by a Rs 231 crore write-off linked to alleged fund siphoning by ...
Gameskraft complies with Online Gaming Act; will not pursue legal actionGameskraft will not legally challenge the new Online Gaming Act, 2025, which bans real-money games. It has already halted such services on ...
Gameskraft announces strategic pause of Pocket52Gameskraft, a leading Indian skill-based online gaming company, has announced a strategic pause in its Poker platform, Pocket52, to revamp ...
Across campuses, startups and ecomm cos have a big appetite for engineering talentStartups and e-commerce companies are increasingly hiring from top engineering colleges, offering attractive salary packages, signaling con...
Dream11 posts higher profit, revenue; auditor flags risk from GST demandDream11's auditor SR Batliboi & Co, an affiliate of EY, said the notices issued to the company by GST authorities seeking more than Rs 28,0...
IAMAI pulls invite to some gaming companies for meet with IT MoS Rajeev ChandrasekharThe private discussions are expected to be around “building certainty for online gaming”, according to people with knowledge of the matter.
Madras HC allows partial lifting of ban by Tamil Nadu govt on online gamingThe Madras High Court on Thursday ordered partial lifting of ban on online gaming as it has allowed games of skills like rummy and poker. H...
Gameskraft to discontinue super app Gamezy amid Rs 21,000 crore tax demandThe company was building Gamezy Fantasy as a super app for online games which hosted multiple products. In addition to fantasy sports, Game...
28% GST on online gaming could boost revenue collection tenfoldHowever, the industry claims the move threatens to make the $20 billion online gaming sector unviable.
28% GST on online gaming 'unconstitutional, irrational, egregious', says industryThe 50th GST Council has announced its decision to levy a 28% GST on online gaming, along with horse racing and casinos which comes as a dr...
Karnataka HC quashes Rs 21,000 crore GST notice against Gameskraft, online gaming industry cheers verdictHailing the judgment, the All India Gaming Federation said the landmark decision reiterates six decades of jurisprudence, and will greatly ...
Winzo Games moves Delhi HC seeking to allowed on Play Store as game of skillIn its plea before the high court, the gaming intermediary has said that as the games offered by it are games of skill and therefore in com...
Ministry of IT creating one consolidated view on skill games for all ministries, statesMinistry of IT is creating one consolidated view on skill games and this will percolate to all ministries and across states, said Rajeev Ch...
Wakefit.co expands leadership team to pursue aggressive growth in 2020Parasar Sarma, who joins as VP of Product, will be responsible for identifying and solving challenges or pain points arising at different t...