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Tag: real money games

PM Modi asks gamers about common perception equating gaming with gambling

Prime Minister Narendra Modi recently met with a select group of Indian gamers. The interaction, captured in a video shared by news agency ANI,...

AIGF to host knowledge series at Bengaluru GAFX 2024

The All India Gaming Federation (AIGF), the primary industry association for the online gaming sector in India, has revealed plans for the second edition...

AIGF applauds Google’s announcement to onboard more RMG games on Playstore

In a strategic move to support its presence in the online gaming market, Google has officially announced plans to widen its support for real-money...

‘Online gaming will be taxed at face value’ – Revenue Secy Sanjay Malhotra

Revenue Secretary Sanjay Malhotra recently talked about the GST council's decision to tax online gaming at 28%. Malhotra told that the issue has already been...

Rajeev Chandrasekhar explains plan to approach council’s decision for GST on online gaming

Minister of State (MoS) for Electronics and Information Technology, Rajeev Chandrasekhar, recently spoke about the recent changes in the GST rates on online gaming,...

Online gaming company investors planning to request govt to reconsider 28% GST rate

After the efforts of online gaming companies, some of their large investors are planning to write to the government to share their concerns regarding...

28% GST: Online real-money gaming companies seek meeting with govt officials

In a last-ditch effort to stop the implementation of 28% GST rate on full face value amount for online games, executives from top real...

28% GST rate on online gaming will have minimal impact on our overall revenues: Nazara Tech

The decision by the GST Council to tax online gaming at 28% on full face value amount has shaken the industry. Nazara Technologies, in...

Lumikai launches $50 million investment fund for gaming, interactive media

Lumikai, a gaming-focused venture capital has launched a $50 million gaming, interactive media fund to invest in gaming companies which includes investment from BGMI...

AIGF to apply for SRB recognition on behalf of its members

The All India Gaming Federation (AIGF) has asked its member organizations offering real money games (RMGs) interested in becoming member (Online Gaming Intermediary) of...

Fantasy trading platform TradingLeagues raises $3.5 million in round led by Leo Capital, Jeejeebhoy, KP Balaraj

Fantasy stock gaming app TradingLeagues has raised $3.5 million in a pre-Series A funding round led by Leo Capital and joined by investors including...

AIGF releases draft model charter for online gaming SRB: A brief look

Gaming industry body All India Gaming Federation (AIGF), which is forming one of the self-regulatory bodies (SRB), has released a draft model charter, outlining...

Nitish Mittersain asserts Nazara Tech’s plans for expansion in the RMG segment

Last month, Nitish Mittersain, CEO of Nazara Technologies, shared in an interview that the company is working on a larger blueprint for the real...

‘Wagering strictly prohibited for Online Gaming’ – MoS Chandrasekhar

New amendments for online gaming rules were recently released by Ministry of Electronics and Information Technology. With this release Minister of State (MoS) Rajeev...

Kick Games Studios announces launch of rummy product

Kick Games Studios have announced KickRummy and is planning to compete for market share in India's expanding $1 billion real money gaming market. The...

Exclusive: MoS Meity Rajeev Chandrasekhar to release draft online gaming policy for public consultation today

Minister of State in the Ministry of Electronics and Information Technology (MEITY) Rajeev Chandrasekhar will be releasing the draft rules concerning online gaming for...