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ED attaches fresh Rs 1,906 cr worth assets of GameskraftThe Enforcement Directorate attached assets worth Rs 1,906 crore belonging to Gameskraft. This action was taken due to allegations of opera...- TCS Q1 profit rises; Nandan Nilekani's biggest VC betTCS kicked off FY27 with growth in revenue and profit. This and more in today's ETtech Top 5.
- A multi-billion-dollar gaming revolution is loading as non-RMGs strike goldIn-app purchases and advertising revenue in India's mobile gaming sector are projected to reach $2.4 billion by 2029, according to a recent...
- Gaming founders appeal to GST Council for personal liability relief after Supreme Court rulingReal money gaming founders are urging the GST Council to shield them from personal tax liabilities and offer amnesty on past dues following...
- eGaming regulator takes charge, focuses on eSports registrationsIndia's new Online Gaming Authority of India is now operational. Its immediate focus is registering eSports companies and resolving player ...
- 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...
- HC asks if ED could de-freeze Winzo’s accounts in lieu of bank guarantee for Rs 505 croreJustice Suraj Govindaraj is hearing a petition from WinZo praying that the search and seizure conducted by the agency at the company’s offi...
- Karnataka HC tells ED to reply to Winzo Games petition on ‘illegal’ search by Dec 15The Karnataka High Court has issued a notice to the Enforcement Directorate. This follows a petition by WinZo Games challenging the agency'...
- ED widens net globally against online gamingIndia’s Enforcement Directorate says online gaming firms Winzo and Gameskraft may have moved money and gaming operations abroad through for...
- 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...
- Shocking games: ED arrests WinZO founders in PMLA caseThe Enforcement Directorate has arrested WinZO Games founders Saumya Singh Rathore and Paavan Nanda under PMLA. The agency froze ₹505 crore...
- 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...
- Smaller gaming companies keep dice rolling as bigger players panicIndia's real money gaming sector is in a peculiar limbo. While a ban looms, some local firms are still hosting cash contests, exploiting a ...
- Itch to bet: Cryptos crawl into real money games bypassing banks, leave no trailSpurred by a penchant for betting, they are placing cryptocurrencies, instead of cash, with offshore bookmakers incorporated in Curacao, a ...
- Itch to bet: Cryptos crawl into real money gamesIndian players are now using cryptocurrencies to bet on offshore real money gaming sites. This trend emerges as a way to avoid banking chan...
- How real money gaming addiction dragged thousands of people into debt crisisThe Central government’s recent ban on RMGs seeks to slam shut a digital Pandora’s box, but for thousands of debt-ridden families, the dama...
- Google ready to let real money games play if self declaredGoogle has proposed to the CCI to allow the distribution of all real money games (RMGs) on Google Play in India, addressing concerns raised...
- Japan offers huge opportunity for Indian apparel exporters: AEPCOver 80 prominent Japanese buyers including and trading companies and retail chains/stores are in India to source their requirement from th...
- Esports companies seek regulatory distinction between video games and real money gamesOnline games that involve staking money such as Real Money Games (RMGs) and Fantasy Sports are governed by separate online gambling legisla...
- A jigsaw of rules is hurting the prospects of online gaming in IndiaWhen it comes to the law, it is as confusing as a jigsaw puzzle. For example, you can play rummy offline, but not online for money. In some...
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