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RMG BAN
Tax ruling can set off a game of thorns for gaming company directorsIndia's money gaming firms are worried about directors facing tax demands. A Supreme Court ruling upheld a 28% GST on bets. This could mean...- All bets are off as SC’s GST ruling squeezes RMG companiesThe GST demand of Rs 92,000 crore on past transactions will also impact larger players such as Dream11, Junglee Games and Mobile Premier Le...
- RMG cos reel from GST ruling; new-age firms’ costly rideHappy Friday! The Supreme Court’s latest GST ruling is the final blow for real-money gaming platforms after last year’s ban. This and more ...
- ED freezes Rs 526 crore bank deposits in PMLA case against GameskraftIn a major crackdown, the Enforcement Directorate has immobilised assets worth over Rs 526 crore from the online gaming platform Gameskraft...
- Gameskraft Arrests: All you need to know about the alleged Rs 1,000-crore betting scamThe Enforcement Directorate has arrested three founders of Gameskraft Technologies, including Deepak and Prithvi Raj Singh, and Vikas Tanej...
- Design focus under ECMS; Kissht's strong IPO demandGovernment mulls mandating minimum design investment by firms under ECMS rules. This and more in today's ETtech Top 5.
- Foreign betting sites pull a prank on taxmanOffshore gaming firms found a way to use the site name cgstahmedabadzone.gov.in to create additional, fake pages, complete with sub-links t...
- Indian IT pack falls; MeitY’s e-gaming rulebookIndian IT stocks suffered on Wednesday after HCLTech’s weak Q4 numbers. This and more in today’s ETtech Top 5.
- India's tech hiring chills; Polymarket's IPL betHappy Tuesday! The tech sector is seeing a slowdown in hiring driven by internal cost controls. This and more in today's ETtech Morning Dis...
- US prediction market players make a play for Indian IPL fansIndian fans are turning to US platforms like Polymarket and Kalshi for IPL betting. These sites allow wagers on match winners and player st...
- Zupee lays off 200 in second round of job cuts after real money gaming banOnline gaming startup Zupee has cut about 200 jobs in a fresh round of layoffs after India’s ban on real money gaming. The move follows ear...
- From RMG ban to esports glory: India’s gaming rollercoaster in 2025India’s gaming industry had a volatile year, with rapid growth in online play, a sudden real-money gaming ban, and esports gaining official...
- Folding in India, gaming companies lose bigAmid India's recent real-money gaming prohibition, gaming companies are grappling with significant financial setbacks. Flutter Entertainmen...
- Folding in India, gaming companies lose bigAmid India's recent real-money gaming prohibition, gaming companies are grappling with significant financial setbacks. Flutter Entertainmen...
- RMG ban sparks massive impairments as gaming majors erase India betsGaming companies are reporting large write-downs after India’s real money gaming ban, with major players such as Flutter, Clairvest and Naz...
- Real money gaming ban to unlock growth for ill monetised non-RMG titles: ReportIndia's gaming sector shifts focus to non-real money gaming. A new law banned real money gaming. Lightbox reports India has 420 million pla...
- '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 ...
- Real-money game over, battle will now shift to the old fieldFollowing the real-money game ban in India, traditional gaming studios anticipate growth as RMG players migrate to casual gaming. This shif...
- Delta Corp’s bet goes bust as stock drops 9% on RMG ban, 34% lower in a yearDelta Corp's stock has experienced a 9% drop in the last three sessions due to the ban on real money gaming (RMG), extending its year-long ...
- Real money gaming ban led to startup ‘explosion’: Snapdeal cofounder Kunal BahlKunal Bahl notes a surge in new startups after the real-money gaming ban. Talent from the RMG sector is launching ventures, seeking guidanc...
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