India's business of recently stamped gaming unicorn Mobile Premier League (MPL) has arrived at breakeven and is one reason why the organization feels sure about making worldwide bets.
"We have this chance to fabricate a worldwide business because the India business has enough in it to support itself. Presently, all ... Read More
Tag: fantasy games
21
Sep2021
Karnataka Home Minister Tables Bill To Ban Online Gaming; AIGF Expresses Concerns Of The Move Being Against A Sunrise Sector
by Roland Landers /
The Karnataka Police (Amendment) Bill, 2021, was tabled in the Legislative Assembly on 17 September to boycott online gaming or betting by revising the Karnataka Police Act of 1963, with the most extreme detainment of three years and punishment up to ₹1 lakh.
Home Minister Araga Jnanendra presented the Bill, ... Read More
September 21, 2021Roland Landers
21
Sep2021
The Internet and Mobile Association of India (IAMAI) and Confederation of All India Traders (CAIT) have called for a relook of the Karnataka Police Act (Amendment) Bill, tabled in the State Legislative Assembly, which requires a prohibition on online gaming.
The Karnataka Police (Amendment) Bill, 2021, was tabled in the ... Read More
September 21, 2021Roland Landers
20
Sep2021
Online Gaming Ban: Karnataka Home Minister Tables The Karnataka Police (Amendment) Bill 2021 To Ban Online Gaming And Betting
by Roland Landers /
Karnataka Home Minister tables Bill to boycott online gaming; industry expresses worries of the move being against a dawn sector. The Karnataka Police (Amendment) Bill, 2021, was tabled in the Legislative Assembly on September 17 to boycott online gaming or betting by amending the Karnataka Police Act of 1963, with ... Read More
September 20, 2021Roland Landers
20
Sep2021
The Karnataka Police (Amendment) Bill, 2021, was tabled in the Legislative Assembly on September 17 to boycott online gaming or gambling by amending the Karnataka Police Act of 1963, with the most extreme detainment of three years and punishment up to Rs. 1 lakh, which has overwhelmed the gaming business. ... Read More
September 20, 2021Roland Landers
20
Sep2021
Online gaming has taken off during the pandemic as individuals locked up in their homes began going towards online gaming and video games. India's gaming industry is presently seeing a spike in popularity for actually talented representatives as firms are hoping to extend their workforce.
Gaming start-up Playerzpot, which right now ... Read More
September 20, 2021Roland Landers
20
Sep2021
Online Gambling Ban Bill Tabled In Karnataka, Govt Says Want To ‘Wean’ Citizens From ‘Vice’
by Roland Landers /
The Karnataka government has tabled a bill in the legislative assembly to boycott online gambling of all structures. The Karnataka Police (Amendment) Bill, 2021, tabled Friday, tries to deny all betting, wagering, gambling of all nature and structures — except lottery and horse race — in the state.
With this ... Read More
September 20, 2021Roland Landers
18
Sep2021
Regulation And Not Prohibition Leads To Better Outcomes: Online Skill Gaming Industry
by Roland Landers /
The Karnataka Police (Amendment) Bill, 2021, was postponed in the Legislative Assembly on September 17 to boycott online gaming or betting by revising the Karnataka Police Act of 1963, with the greatest detainment of three years and punishment up to ₹1 lakh.
Home Minister Araga Jnanendra presented the Bill, which ... Read More
September 18, 2021Roland Landers
18
Sep2021
The Karnataka government on Friday postponed the 'Karnataka Police (Amendment) Bill, 2021,' in the assembly to boycott online betting or gambling in the state with maximum detainment of three years and punishment up to Rs 1 lakh. Postponed by Home Minister Araga Jnanendra, the bill plans to 'boycott online games, ... Read More
September 18, 2021Roland Landers
16
Sep2021
Bengaluru-settled online gaming platform Mobile Premier League (MPL) has brought around $150 million up in its series E round at a valuation of $2.3 billion catapulting the Bengaluru-settled startup into the Unicorn club.
The most recent fundraise was driven by Legatum Capital. Existing investors including Sequoia, SIG, RTP Global, Go-Ventures, ... Read More
September 16, 2021Roland Landers