Gaming – storyboard18

Delta Corp to sell DeltaTech Gaming to Head Digital Works in ₹491 crore deal

The transaction shall be done in 2 parts with an initial acquisition of 51% of DGL by HDW, followed by a merger of DGL with HDW. Upon completion of the merger, DCL will hold 5.7% stake in HDW.

The consolidation of RMG companies are likely to increase due to uncertain regulatory policies and 28 percent GST regime impacting the industry.

“Don’t ban us, regulate us”: Opinion Trading platforms demand regulations

Globally, in countries like the United States, the United Kingdom, and Australia, opinion trading apps and websites are classified as wagering platforms and are regulated.

Storyboard18 had earlier reported about the rise of opinion trading games on real-money gaming platforms, which has drawn the attention of the Ministry of Electronics and Information Technology (MeitY).

ASCI signs MoU with the online gaming federations to protect consumers against offshore betting ads

Since the kickoff of the MoU in January 2025, ASCI has flagged 413 ads of offshore betting to the Ministry of Information and Broadcasting and processed 12 advertisements for potential violation of ASCI’s RMG guidelines. (Image Source: Media)

The MoU between ASCI and the online gaming industry federations establishes a framework to address these challenges through a special monitoring cell that will focus on screening and reporting offshore betting and gambling advertisements to the concerned ministries.

Indian sports-tech industry to hit Rs 49,500 crore by 2029: FIFS-Deloitte report

The Indian Fantasy Sports industry, a part of the Fan Engagement sub-sector, is the largest contributor to the sports-tech industry in India with revenues touching Rs 9,100 crore in FY24. The sector however is bracing for impact as a result of the change in GST laws.

RMG industry divided over Tamil Nadu’s online gaming regulations

TNOGA regulations will primarily impact pay-to-play games such as Rummy and Poker. Multiple RMG federations and operators are evaluating how to implement the TNOGA regulations.

The gaming federations will seek six months of time for the implementation while some RMG operators believe a formal lawsuit should be filed immediately, others are hesitant.

TNOGA Regulations enforced, RMG operators face compliance challenges

TNOGA has previously advocated for measures to curb addiction among young people playing pay-to-play games.

The regulations took effect on the date of publication in the Tamil Nadu Government Gazette, leaving RMG (Real Money Gaming) operators scrambling to comply with the new rules or risk criminal liability.

Breaking: Finance Ministry meets gaming federations, RMG operators kept out

Finance Ministry officials met real money gaming federations on Friday.

FATF plans to conduct a major crackdown on offshore illegal gambling and betting platforms operating in the country.

Industry stakeholders seek govt action against illegal betting apps

Opinion trading apps pose such questions for users to wager money on future outcomes.

A representation letter will also be sent to Ministry of Consumer Affairs, Ministry of Information & Broadcasting, Ministry of Finance, SEBI and ASCI on the need to prohibit opinion trading platforms in India.

Finance Ministry to meet RMG operators on Friday, will discuss money laundering in online gaming

Finance Minister Nirmala Sitharaman announced in September 2024 that revenue from online gaming increased by 412%, reaching Rs 6,909 crore within six months.

Stakeholders will also discuss challenges faced by the industry such as GST and penetration of offshore gambling companies in India.

TNOGA’s ‘Blank Hours’ regulation will push users to illegal gambling platforms, experts raise concerns

Finance Ministry officials met real money gaming federations on Friday.

As RMG companies rush to assess the necessary technological changes, stakeholders express concerns about users from Tamil Nadu shifting to offshore gambling platforms during restricted hours.