Real-money gaming apps see sharp decline in downloads, begin layoffsThe Online Gaming Bill, 2025 triggered a collapse in real-money gaming apps, with downloads plunging 60–95% for MPL, Winzo, and Zupee. Drea...
02 Sep, 2025, 06.00 AM IST
Nazara Technologies claims online gaming bill unlikely to impact financials; shares fall nearly 7%In a stock exchange filing, the Mumbai-based company said RMG contributed nothing to its revenues in the first quarter of FY26. The company...
20 Aug, 2025, 11.09 AM IST
Nazara Tech acquires 47.7% stake in PokerBaazi parent in Rs 832 crore dealNazara Technologies has acquired a 47.7% stake in Moonshine Technology, the parent company of PokerBaazi, for Rs 832 crores. Nazara will al...
13 Sep, 2024, 01.18 PM IST
Nazara Tech shares jump 4%, hit 52 week on cos plans to acquire stake in PokerBaazi parentNazara Tech Share Price: Nazara Technologies' shares rose over 4% to a 52-week high after announcing plans to acquire a 47.7% stake in Moon...
13 Sep, 2024, 12.34 PM IST
Real-money gaming companies look for an ace to beat tax bluesCompanies are trying out restrictions on the withdrawal of deposits for shorter games like rummy and poker to avoid being hit by repetitive...
05 Mar, 2024, 09.00 AM IST
If fantasy games are OK, why not online betting?Gaming companies defended the sector, which claims to have over 30 crore users in India and aspires to become a $20-billion revenue industr...
11 Apr, 2023, 03.20 PM IST
Tamil Nadu governor gives assent to bill banning online gamblingLegislation also seeks to regulate online gaming including fantasy sports which may now need vetting by a multi-member committee.
11 Apr, 2023, 12.22 PM IST
Google slammed for allowing only fantasy sports, rummy apps on Play Store in IndiaStarting September 28, Play Store will begin a limited-time pilot allowing for the distribution of daily fantasy sports (DFS) and Rummy app...
08 Sep, 2022, 09.00 PM IST
UPI to block all gaming transactions under Rs 50NPCI’s move is aimed at moderating volumes on UPI, which has been plagued by banking outages and technical declines of late.
16 Apr, 2021, 07.00 PM IST
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...
06 Jan, 2021, 10.30 AM IST
Real-money gaming companies face an increasing hostile regulatory landscapeTamil Nadu was the third south Indian state to ban these games, after Telangana and Andhra Pradesh, and Karnataka is considering a similar ...
09 Dec, 2020, 11.04 PM IST
Tamil Nadu's decision to ban online gaming likely to hurt rummy companies the mostOnline gaming in India, which has seen steep growth in the last couple of years driven by increasing internet and smartphone penetration, c...
25 Nov, 2020, 09.47 AM IST
MPL bags $90m; valuation rises to $450 millionThe latest round, valuing the real money competitive mobile gaming platform at $450 million, was led by SIG Global and RTP Global, along wi...
22 Sep, 2020, 07.58 AM IST
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...
21 Oct, 2019, 09.24 AM IST
Ability Games acquires Ahmedabad-based game development companyAbility Games has chalked out plans to revolutionize the online gaming industry of India with various online real money and play money gami...
14 Aug, 2019, 02.19 PM IST
WaterBridge Ventures leads Rs 28 crore Series A round in 9stacksProceeds from the latest funding round will be used by the 14 month-old company to expand its team, and further build its technology platfo...
01 Oct, 2018, 04.07 PM IST
- Card-counting whiz eyes Facebook football fantasy
Jeff Ma and Mike Kerns have launched a program that enables the fanciful football leagues to be managed within Facebook. Keep your PC cool ...
11 Aug, 2008, 02.00 AM IST