Admin akads

Stakes high in pandemic, Diwali card games go online (1)

12

Nov2020
COVID-19 Has Robbed Many Of The Razzmatazz Of Diwali Parties, Small And Close-Knit Or Lavish, Glittering Society Dos With Scores Of People At Different Tables Gambling Away Many Thousands And Even Lakhs Of Rupees. Exams and entertainment, conferences and idle chats, this has been a year of everything online. Now, add ... Read More
November 12, 2020Admin akads
Govt losing revenues big time by not regulating real money gaming market, say startups

06

Nov2020
"It is high time that the governing bodies such as the All India Gaming Federation (AIGF) be invited to discuss these aspects at length to regulate the real money gaming space. The government is only losing revenue by not regulating the industry. People can play by going to the offshore ... Read More
November 6, 2020Admin akads

30

Oct2020
Last month, a fairly innocuous matter of five men playing a game of cards for stake near a ‘thorny bush’ on a farm in the Tirunelveli district of Tamil Nadu, was somehow deemed worthy of being prosecuted by the Sub-Inspector of Police, Kudankulam Police Station. The police filed an FIR ... Read More
October 30, 2020Admin akads

09

Sep2020
Indian homegrown gaming companies intent on making the most of the ban on PUBG with their substitute offerings need to be cognizant of whether their offerings don’t fall under the ambit of gambling, which will result in them becoming taxable. “Games such as HitWicket, World Cricket Championship (WCC) or mythology-based games ... Read More
September 9, 2020Admin akads

09

Sep2020
The Union Government’s big move to ban hugely popular PUBG & 118 other China-linked mobile applications has set tongues wagging in the Indian gaming industry. Speaking on the PUBG app ban, players from the industry mostly find it to be the perfect move by the government to secure data while indicating ... Read More
September 9, 2020Admin akads

31

Aug2020
Keeoing in mind the craze and popularity of international mobile games like PUBG (South Korea) & Clash of Clans (Finland) among Indian gamers, homegrown gaming platform Okie Gaming is looking to make inroads by bringing indigenous digital games via 'Desi Sports League' (DSL), scheduled to be launched in October. Buoyed by ... Read More
August 31, 2020Admin akads

28

Aug2020
Online rummy platform RummyBaazi has raised a seed round of $2 million from its existing investor Udtara Ventures, with another $1 million funded by its parent organisation Baazi Games. The funds will be utilised to bolster the product & marketing strategies and expand RummyBaazi’s presence in the country. Founded in 2014, ... Read More
August 28, 2020Admin akads
Madras High Court’s recommendation to regulate the online gaming industry is laudable (1)

25

Aug2020
In a recent judgment, the Madras High Court called for monitoring of the online gaming industry as many youngsters are being enticed with prize money & gaming sites are turning out to be virtual gambling houses. The court opined that “To regulate the physical sports/games, we are having a legislative set ... Read More
August 25, 2020Admin akads

15

Aug2020
A report published by app intelligence firm Sensor Tower has once again brought to light the significance of the Indian gaming industry to the international ecosystem. According to the firm’s latest study, from April-June of 2020, Indian users accounted for 2.7 billion app downloads from a worldwide total of 15.1 billion ... Read More
August 15, 2020Admin akads

13

Aug2020
The webinar will highlight the recent developments in online gaming and investment trends. The panelists comprise of some of the leading players in India's Online Gaming, Investors and Advisors. The report "Online Gaming - India Story and Investment trends " by Maple Capital Advisors and AIGF will also be released ... Read More
August 13, 2020Admin akads