The Supreme Court has considered online fantasy sports as a game of skill, but numerous individuals in the public disagree, as per a new survey by LocalCircles.
65% of the survey members said they unequivocally believe that online fantasy sports are a game of chance. A lot of them likewise encouraged ... Read More
22
Nov2022
25
Jun2022
Gaming has become a form of entertainment and also an interesting mode of relaxation throughout the country. Fantasy sports are turning the zeal for sporting events into reality, with the popularity of fantasy sports in India rising high in a recent couple of years.
The huge fan base and rising interest ... Read More
24
Jun2022
In their initiative to promote inclusivity and the rights of the LGBTQ+ community, PokerBaazi.com, India's greatest online poker platform, has teamed up with globally renowned artist Jasjyot Singh Hans, known for his fine art praising magnificence in all colors, shapes, and sizes, to honor Pride month and release the "All ... Read More
24
Jun2022
Despite the Supreme Court's backing of online games of skill, confusion still exists in regards to its status. It's time to unshackle this rising sector from the inclination that exists against it. The autonomy of misconstruing the socio-economic role of this sector is positively detrimental to its development potential.
Throughout recent ... Read More
23
Jun2022
The online skill gaming body AIGF has recommended the Rajasthan government to extend the scope of its draft law for virtual sports to bring various formats of online skill-based games like rummy and poker under the regulation.
The All India Gaming Federation (AIGF), in response to the Rajasthan Virtual Online Sports ... Read More
22
Jun2022
In a cash-based deal, online gaming platform WinZO has acquired a majority stake in Gurugram-based startup Upskillz Games.
With this acquisition, WinZO will add Upskillz's blockchain and Web3 contributions to its platform. Moreover, it will likewise add Upskillz's 1.3 million engaged user base to its platform.
Both the gaming startups will team ... Read More
20
Jun2022
Nazara Technologies, a Mumbai-based gaming startup, announced on Saturday (June 18) that it will invest INR 20.10 Cr in Absolute Sports Private Limited.
In an administrative filing, the startup said that its board approved the investment on Saturday, which will be done via secondary purchases of equity shares from Absolute promoter ... Read More
20
Jun2022
Deltatech Gaming Limited, the organization which runs the poker platform Adda52, has filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise INR 550 Cr through an initial public offering (IPO).
Once listed, Deltatech Gaming will join the online gaming platform Nazara Technologies ... Read More
02
Jun2022
Uncharted, Evil Dead, Overwatch, Genshin Impact... these are not Hollywood movies, but rather online games that give you a high adrenaline rush each time you jump into them. Consistently, the number of online gamers in India floods because of the prevalence of these outwardly captivating, heart-beating games.
According to EY research, ... Read More
30
May2022
In an industry that is intensely experiencing a need to feel superior because of selfish business matters and the absence of a unified front, the central government is a welcome move, it wants to set up a high-level inter-ministerial task force to bring some order to the online gaming sector.
The ... Read More