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...
HC issues notice to ED over arrest of Gameskraft foundersThe Karnataka High Court has asked the Enforcement Directorate (ED) for a response to petitions challenging the arrest of Gameskraft founde...
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...
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...
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...
Online rummy not comparable to physical game, can't be allowed: Tamil Nadu in HCThe Tamil Nadu government has informed the Madras High Court that the game of rummy played online and physically are incomparable due to th...
Madras HC allows partial lifting of ban by Tamil Nadu govt on online gamingThe Madras High Court on Thursday ordered partial lifting of ban on online gaming as it has allowed games of skills like rummy and poker. H...
Disappointed with Tamil Nadu govt’s ordinance to ban online gaming: E-Gaming FederationTamil Nadu governor RN Ravi's assent to ban online gaming as well as regulate such companies follows a cabinet decision to take the ordinan...
Games24x7 plans marketing blitzkrieg for RummyCircle; ropes in Hrithik Roshan as brand ambassador"In the North, rummy doesn’t share that sort of popularity. And we have been thinking for a while on how to educate North India about this ...
Online rummy federation urges Kerala govt to regulate online gamingThe High Court of Kerala quashing the notification by the state Government banning online rummy came as a vindication of our stand that rum...
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...
Gaming startup Rummy Passion divests 51% stakeThis comes after two other poker and rummy online gaming portals Adda52 and Ace2Three were also acquired.
Matrix Partners earns 20 times returns after selling its stake in online rummy gaming companyThe venture capital firm is said to have made over Rs 257 crore on its seven-year-old investment, as the Canadian investment firm Clairvest...
Canada's Clairvest buys majority in rummy portal Ace2Three for $74 millionAccording to Gullapalli, Clairvest Group’s existing investments in the global gaming industry will be of strategic help in exploring other ...
Supreme Court to decide whether rummy for stakes is a skill-based card game or a criminal offencePerhaps the most anxious observers of this case are foreign firms waiting to enter the Indian market.
Supreme Court to decide fate of online card, rummy games involving stakesOn one side are ranged state govts and others that regard such sites as dens of vice. Opposing them are the companies that provide such ser...