Page 3 - Gaming Industry

Statsguru: The rise and sudden fall of real-money gaming in India

RMG refers to online games where players wager real money and stand to win cash prizes

MPL to lay off 60% of local workforce after govt ban on paid gaming

As MPL focuses on free-to-play games and bolsters its business in the U.S. market, the company source said on Sunday it would let go of roughly 300 of its 500 India staff

BCCI targets ₹452 crore from Sponsorship after Dream11 exit amid gaming ban

BCCI seeks ₹452 crore from front-of-jersey sponsorship rights for 2025-28 after Dream11 ended its contract due to the government's ban on real money gaming

FinMin, MeitY assure transition period for Online Gaming Act compliance

Govt to provide transition period for banks and fintechs under Online Gaming Act 2025; compliance clarity to come once rules are notified

Govt to meet banks, fintechs on Aug 29 to discuss Online Gaming Act rollout

Senior officials from Finance and MeitY will meet banks and fintechs on Aug 29 to map enforcement of the Online Gaming Act, focusing on payment blocks, refunds and consumer safeguards

Head Digital moves Karnataka High Court against real-money gaming ban

A23 Rummy operator files first writ against the Promotion and Regulation of Online Gaming Act 2025, which bans real money games and ads, citing disruption to business and jobs

Zupee joins Gameskraft, will not challenge India's ban on RMG games

Zupee suspends deposits and paid formats, urging users to withdraw balances as it opts not to challenge India's new law banning all real money games and related advertisements

A23 parent Head Digital Works moves K'taka HC against new online gaming law

The company's move comes as most of its competitors, including Zupee, Dream11 parent Dream Sports, Pokerbaazi parent firm Moonshine Technology, and Gameskraft, have decided against opposing the law

Fantasy gaming ban wipes out ₹15000 cr of IPL Ads: Impact on your Portfolio

IPL Ads, stock prices, and mutual funds: Decoding the fallout of India's RMG Ban

Gameskraft suspends Rummy Culture, will not challenge India's RMG ban

Gameskraft, operator of Rummy Culture, has suspended all RMG services and said it will not legally challenge the new gaming ban while ensuring user withdrawals remain available

'Will not challenge new law': Rummy operator Gameskraft suspends RMG ops

The Promotion and Regulation of Online Gaming Act bans all online money games while promoting e-sports and social gaming

WinZO announces launch in the US, expanding international footprint

WinZO officially launches in the US after a successful entry into Brazil, aiming to solidify its position in the global gaming market, valued at $65-70 billion with over 20 billion downloads annually

Bans won't kill gambling, money gaming will just shift to the Dark Web

As attempts to ban card games in Stalinist Russia show, they simply move underground - or, in the case of online gaming, to the Dark Web

Nodwin Gaming acquires Sony's stake in e-sports event Championship Evo

Nodwin Gaming acquires a majority stake in Evo, expanding its presence in the global fighting games e-sports market.

Casual gaming market set to gain from govt's ban on RMG platforms

The government's blanket ban on real money gaming platforms may shift demand towards casual, midcore and AAA titles that rely on in-app purchases and advertising for growth

RMG platforms suspend paid contests to comply with new gaming law

Real money gaming apps like Dream11, Zupee, and Probo suspend paid contests following the passing of the Promotion and Regulation of Online Gaming Bill, 2025, which introduces severe penalties.

Tech Wrap Aug 21: Google Pixel 10 series, Apple store, WhatsApp voicemail

Google Pixel 10 series pre-order. Apple to open third store in India. WhatsApp's Voicemail feature. Google Pixel Watch 4, Buds 2a. ROG Xbox Ally, Ally X handhelds launch confirmed

Online gaming Bill puts no liability on gamers: Union Minister Vaishnaw

The online gaming sector comprises three segments, namely e-sports, online social gaming, and real-money games, said Ashwini Vaishnaw

Govt should have considered forward-looking options for money games

Predictably, the move has sent the online gaming industry into a tizzy. As reports suggest, there are thousands of high-skill jobs at stake

Nazara Tech shares plunge nearly 13% as gaming Bill drags sentiment

However, Nazara Tech clarified that the company has no direct exposure to RMG businesses