spot_img

Derivative trading does not violate Prize Chit & Money Circulation Schemes (Banning) Act, P&H High Court quashes criminal proceedings

The Punjab and Haryana High Court vide order dated 3 April 2024 had quashed the criminal proceedings on an authorised dealer of commodity trading...

ASP authorised to raid suspected gambling houses under Maharashtra Prevention of Gambling Act: Full Bench of Bombay HC

A full bench of the Bombay High Court comprising of Justice Mangesh Patil, Justice NB Suryawanshi and Justice RM Josh recently held that the...

Illegal betting portal Stake.com enables GPay, aims $100Mn in bets for IPL 2024

Illegal betting portal Stake.com has enabled deposits in Indian rupees for the first time ahead of IPL 2024 and has commenced a series of...

ASG mentions GamesKraft & batch GST matters before CJI bench, seeks listing on 15th July

Additional Solicitor General (ASG) N. Venkatraman yesterday mentioned the GamesKraft GST matter before a three judge bench headed by the Chief Justice and sought...

ASSOCHAM hosts round table on strengthening IP laws in India’s gaming sector

On World Intellectual Property (IP) Day, the Associated Chambers of Commerce and Industry of India (ASSOCHAM) organized a round table discussion emphasizing the necessity...

Congress President’s son criticises Modi’s meet with gamers, claims BJP killed gaming industry

Priyank Kharge, the IT minister of Karnataka and the son Congress Chief Mallikarjuna Kharge criticised Prime Minister Modi meeting the gamers for a candid...

NCLAT directs Dream11 IRP to maintain company as going concern

The National Company Law Appellate Tribunal yesterday directed the interim resolution professional of Sporta Technologies, the owner of the fantasy sports platform Dream 11,...

NLU-Delhi report on online gaming regulation to be submitted to MeitY soon

Union Ministry of Electronics and Information Technology (MeitY) has shifted gears from the idea of a self-regulatory body for online gaming, considering instead the...

IPL 2024: Media houses and Mumbai Metro disregard govt advisories and promote illegal betting websites

In a blatant disregard for government advisories, media houses continue to promote illegal betting and gambling platforms. It is worth noting that the Ministry...

Lok Sabha elections: Stalin’s DMK proposes to enact a national law to ban online money gaming if voted to power

Tamil Nadu ruling party DMK unveiled its manifesto for 2024 Lok Sabha elections and the party has promised a national level ban playing online...

Government issues advisory to social media influencers against promoting offshore betting and gambling platforms

The Ministry of Information and Broadcasting has issued an advisory to endorsers and influencers on social media, cautioning them against promoting or advertising offshore...

Lottery king Martin owned Future Gaming top donor through electoral bonds with Rs. 1300+ crores

The Election Commission of India today uploaded the data on electoral bonds on its website as received from the State Bank of India, in...

CCPA issues advisory to curb the promotion of illegal betting and gambling

The Central Consumer Protection Authority (CCPA) has issued a detailed advisory aimed at curbing the rise of advertisements promoting unlawful activities such as betting...

Centre moves Supreme Court to transfer all pending GST petitions by money gaming companies before High Courts

The union government has filed a transfer petition before the Supreme Court seeking transfer of all pending cases before the High Courts challenging GST...

Despite Govt advisories, surrogate betting brands continue as sponsors in top Indian sporting leagues

Despite multiple government advisories and government crackdown on online betting and gambling syndicate Mahadev book, surrogate illegal offshore betting brands continue to flood Indian...

How national betting scam Mahadev Book got roots in Andhra Pradesh

As Mahadev betting app continues to create political furore in Chattisgarh, the Enforcement Directorate (ED) continues with a fast paced investigation. The ED seized and...

SC rejects Meghalaya government’s plea against lottery ban

In a recent legal development, the Supreme Court of India has rejected the plea submitted by the Meghalaya government challenging the ban on its...

PM Modi’s ‘third term’ to establish stable & predictable regulatory regime for online gaming: MoS Rajeev Chandrasekhar

Rules and the law of the land are applicable to companies of all sizes, and entrepreneurs cannot live in denial of it, said union...

Offshore betting sites lure customers using Paytm as a payment option

The Enforcement Directorate this week initiated a preliminary inquiry against Paytm Payments Bank, as per news reports, for violation of anti-money laundering and exchange...

Karnataka government eyes legislation to curb online gambling

Home Minister Dr G Parameshwara declared the government's intention to investigate potential legislation aimed at regulating betting activities and curtailing the proliferation of online...
Exit mobile version