Gaming – Page 8 – storyboard18

RMG players’ woes increase, while Rs 8.2 trillion illegal betting market grows

Haryana cracks down on gambling

Beyond taxation challenges, RMG companies are urging the government to refine online gaming regulations to clearly differentiate between skill-based gaming and betting or gambling.

Brand partnerships, gamification, PC Gaming to drive growth of India’s video gaming industry; to hit $1 billion by 2025

As per shareholding data post-investment, Play Ventures will hold 3.38%, Countryside Ventures 4.46%, Gameskraft Technologies 2.12%, and Kalaari Capital 6.35% of the company.

The rise of gamification will continue to reshape various sectors, as social media platforms, streaming services, and e-commerce giants increasingly adopt gaming features to engage users.

BCCI calls for emergency meeting to appoint electoral officer for vacant secretary and treasurer posts

Board seeks former Chief Election Commissioner Achal Kumar Jyoti’s appointment to oversee elections.

NODWIN Gaming acquires remaining 93% stake in AFK Gaming for Rs 7.6 crores

NODWIN already owned the balance 7% of AFK previously.

The acquisition of 93% of the share capital of AFK Gaming will be a combination of cash and stock swap of NODWIN Gaming shares for a total consideration of Rs 7.6 Crores.

Case of alleged unfair trade practices

WinZO has alleged that Zupee engaged in unauthorized attempts to extract sensitive business information.

The case centers around allegations of compromising trade secrets, proprietary business data and intellectual property, and unfair trade practices.

Govt intensifies surveillance on Chinese companies masquerading as RMG operators

Homeaffairs

Chinese apps and websites are under the govt’s scanner over money laundering suspicions, posing a potential threat to national security and contributing to gambling addiction among citizens.

RMG players sidelined by MIB for WAVES, seek equal treatment

MIB advisory, issued on April 22, references a Delhi High Court order which underscores the importance of making digital content accessible to PwDs.

The WAVES 2025 will be held from February 5–9 in New Delhi, focusing on four key pillars: Broadcasting & Infotainment, Digital Media & Innovation, AVGC-XR, and Films.

Dream Sports Foundation partners with MSSA to grow Mumbai as a sports hub

DSF will help MSSA promote fitness and discipline among thousands of school going students in Mumbai while enhancing the quality of their existing championships

The collaboration will span across 20 sports with a focus on Hockey, Football, Cricket, Athletics, Table Tennis and Badminton.

NODWIN Gaming secures Rs 64 Crore investment from Nazara Technologies; valuation reaches Rs 3441 Crore

As per shareholding data post-investment, Play Ventures will hold 3.38%, Countryside Ventures 4.46%, Gameskraft Technologies 2.12%, and Kalaari Capital 6.35% of the company.

In addition to Nazara, Krafton, JetSynthesys and Sony Group are existing shareholders in NODWIN Gaming.

Nazara announces five investments totalling Rs 196 crores

ReelSaga targets India's mobile-first youth with short, serialized video series. The app will offer bite-sized entertainment, with episodes lasting one to two minutes, and monetize through per-episode microtransactions and subscription options for high-spending users.

Nazara has expanded into physical entertainment with the acquisition of a 60% stake in Funky Monkeys Play Centers Private Limited, which focuses on indoor soft play centers for children, for Rs 43.7 crores.