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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...- Swiggy, Urban Company report Q4 losses; Zepto gets IPO nodNew-age companies Swiggy and Urban Company closed the March quarter in the red, even as revenues surged. This and more in today's ETtech To...
- ED arrests 3 founders of Gameskraft in PMLA caseThe Enforcement Directorate has arrested three founders of the online gaming platform Gameskraft. The arrests are linked to an alleged frau...
- Nazara Technologies to raise Rs 500 crore via preferential warrant issueThe gaming company plans to issue warrants at Rs 260 apiece. The round saw participation from Riambel Capital, S Gupta Family Investments, ...
- '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 ...
- PhonePe in talks with top smartphone brands to pre-install Indus AppstorePhonePe launched its own Android-based app store, challenging Google's billing policy and commissions. It onboarded popular apps and gaming...
- Double whammy coming for already struggling real gaming companiesReal money gaming companies like Dream11, Games24X7, and Mobile Premier League (MPL) face cost pressures with Google introducing service fe...
- Real-money gaming firms look for cues in Google billing rowAs the battle between Google and startups over service fees unfolds, online real-money gaming (RMG) companies are observing the situation c...
- ETtech Explainer: Google Play Store says it will allow real money gaming apps. What does this mean?Google's Play Store will now allow a wide variety of real money gaming (RMG) apps on its platform in India, Mexico, and Brazil. This change...
- Real money egaming banned? Players now game the systemBanned in some states, gamers take WhatsApp & Telegram route, mask location to keep playing.
- 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...
- Google to provide 'grace period' for existing fantasy sports, rummy apps while SRB implementation takes offLast year, Google Play launched a pilot program enabling distribution of DFS and Rummy apps to users in India. The pilot is set to end on S...
- Winzo moves Delhi High Court for trademark infringement against GoogleThe company has alleged that when a user searches for Winzo on Google, the search result displays its competitors’ applications via Google ...
- Delhi HC orders Google to file response in Play store caseOn Monday, social gaming platform WInZo Games filed a civil suit seeking an injunction on this policy on the grounds that this discriminate...
- 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...
- Google Play store reverses policy on fantasy gaming, rummy apps in IndiaGoogle said that applications are currently open and the program is expected to run from September 28, 2022 to September 28, 2023.
- Dangal Games launches unified gaming applicationThe Dangal Games app will be a flagship unified multi gaming platform and will help the company reach the mass population of India with cas...
- 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...
- 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...
- Fearing backlash, India's skill gaming startups ensure users don't get addicted playing onlinePlay Games24X7 has formed a data science team to pick up on warning signals of players such as time spent on the portal, withdrawals, depos...
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