NFT platform Rario’s FY23 losses widen more than ten-fold to Rs 560 croreBacked by real money gaming firm Dream Sports, Rario’s operating revenue grew to Rs 39 crore in FY23, compared to Rs 1 crore a year earlier
22 Dec, 2023, 04.32 PM IST
MPL-backed Web 3 fantasy platform Striker shuts down operationsThe shutdown comes amid several layoffs and closures in the online real money gaming sector, which followed the imposition of a 28% goods a...
15 Dec, 2023, 04.30 PM IST
Gameskraft’s revenue grows to Rs 2,662 crore, profit rises to Rs 1,062 crore amid tax troublesThe company’s revenue from operations increased to Rs 2,662 crore in FY23, an almost 25% increase from the Rs 2,113 crore it generated in F...
05 Dec, 2023, 06.13 PM IST
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.
05 Dec, 2023, 04.34 PM IST
GST woes at online gaming companies trigger a deluge of CVs at recruitment firmsThe implementation of a 28% GST on online gaming in India has led to a surge in job seekers from the sector. Concerns about the potential i...
01 Oct, 2023, 06.55 PM IST
GST on online gaming triggers CV delugeThe increasing number of job seekers reflects their concerns about the GST’s potential effects on their future, say experts.
01 Oct, 2023, 06.00 AM IST
Online gaming companies to slow spends during cricket world cupA senior executive at one of the large online real money gaming platforms told ET that the company is planning to spend only a fourth of wh...
20 Sep, 2023, 06.00 AM IST
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...
16 Sep, 2023, 10.12 PM IST
Gaming platform Fantok suspends operations citing impact of 28% GST levyThis has come in the light of several real money gaming platforms either cutting down scale or halting operations altogether following the ...
24 Aug, 2023, 02.40 PM IST
Living life web size with a few stolen bitcoinsAlleged cryptocurrency hacker Sri Krishna and his associates broke into bitcoin exchanges, gaming sites to fund their lavish lifestyles. He...
05 Nov, 2021, 07.40 AM IST
Madras HC calls for setting up of a regulatory body to monitor both offline and online gaming"Needless to say that if the government intends to pass a legislation in this regard, all the stakeholders should be put in notice and thei...
25 Jul, 2020, 04.46 PM IST
Online gaming firms explore ways to keep users engagedThe overall size of the gaming market in India is pegged at under $1 billion compared to $150 billion worldwide. The average user spend is ...
28 May, 2020, 05.55 PM IST
IPC plays its cards right with a Rs 5 cr prize poolSameer Rattonsey, co-owner of Spartan Poker, has won many championships and is one of the past IPC winners.
14 Jan, 2020, 10.32 AM IST
HC reiterates Poker is a game of skillThe ongoing crusade of poker being classified as a game of skill rather than chance, received further impetus in late August. The Calcutta ...
23 Oct, 2019, 10.15 AM IST
Is online poker becoming the next big thing for the Indian millennial?A lot of youngsters are earning a livelihood playing the game.
04 Jul, 2019, 08.42 AM IST
Poker startups see surge as many log on for a game during DiwaliWith avid players going online, poker companies are witnessing a surge in players coming in from across the country.
21 Oct, 2017, 01.07 PM IST
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...
04 Nov, 2016, 07.22 AM IST