The upcoming framework will also include provisions for age-gating, grievance redressal mechanisms, and player support systems—part of a broader “consumer-first” strategy aimed at curbing the influence of illegal betting and gambling services.
Tag: gaming
Creativeland Asia IP dispute, Delhi HC orders WinZO to deposit ₹30 lakh in three weeks
The central issue revolved around the tagline “Jeeto Har DinZo,” which Creativeland Advertising claims to have developed exclusively for WinZO Games during preliminary campaign discussions.
RMG industry needs right regulatory framework, including under PMLA: Dilsher Malhi, CEO of Zupee
For the fiscal year ending March 31, 2024, Zupee posted ₹1,123 crore in net revenue and ₹146 crore in net profit, marking its first-ever year of profitability since its inception.
‘If you play Rummy, I’ll become Mummy’: Tamil Nadu’s RMG case reaches final stage
On Monday, the Madras High Court Bench comprising Justices S.M. Subramaniam and K. Rajasekhar concluded oral hearings in a significant case involving online rummy and other real money games.
Eliminating the middlemen: Esports orgs are now the new-age marketing agencies
With competitive esports revenue streams proving unstable and unsustainable, many of these organizations are ditching their old playbooks and reinventing themselves as full-blown marketing agencies.
We won’t risk the esports ecosystem on Real Money Gaming: Akshat Rathee, NODWIN Gaming
A few months earlier in December, NODWIN faced a major setback when the Maharashtra government abruptly withdrew support for hosting its flagship IP, NH7 Weekender, citing potential law and order concerns.
Maharashtra joins regulatory wave, eyes licensing system for online gaming
Through this policy, Maharashtra government is aiming for two-pronged goal: protect consumers from fraud and deception, while simultaneously legitimizing a booming sector through legal and economic channels.
Karnataka eyes year-end gaming regulation, but will it abandon its SC battle?
In recent developments, the Karnataka government has shown a willingness to distinguish between legitimate skill-based gaming and illegal betting activities.
NODWIN Gaming expands esports operations in the US
Nodwin Gaming Singapore incorporated a wholly owned subsidiary in the US market
Gameskraft invests Rs 21.7 crores in social gaming and live streaming platform Eloelo
Play Ventures is contributing the largest chunk with Rs 34.7 crore, followed by Gameskraft Technologies with Rs 21.7 crore, Kalaari Capital (Rs 13 crore) and WestBridge Capital (Rs 8.7 crore).