Tag: RMG

RMG companies face new financial strain as Google Playstore likely to impose service fees

Real money gaming (RMG) companies, including Dream11, Games24x7, and Mobile Premier League (MPL), are set to face increased cost pressures as Google implements service...
Gaming

G2G releases the list of 24 influential people in real money gaming sector for 2024 [download now]

In 2024, India's real-money gaming sector finds itself navigating through a challenging landscape marked by regulatory upheavals, legal battles over tax issues, and a...
Gaming

Kratos Studios eyes global expansion with Brazil launch

Web3-based social gaming platform Kratos Studios is now launching in Brazil. This is the company's first step as a part of its global expansion....
Gaming

[Exclusive] Cards52 secures $1.2 million funding amid challenging times for RMG startups

Cards52, an upcoming real money gaming (RMG) platform, has raised a pre-seed round funding from a US-based angel investor. This funding comes amid challenging...
Poker

Virat Kohli-backed MPL to let go half the manpower amid increased GST burden

Mobile Premier League (MPL), a fantasy gaming platform, has decided to lay off a total of 350 of its manpower. The decision comes amid...
Fantasy Sports

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,...
GST on Online Gaming

Dream11 acquires Indian cricket teams’ jersey sponsorship rights for Rs 358 crore

Fantasy sports platform Dream11 is reported to become the new jersey sponsor of the Indian cricket team until 2027. The deal is valued at...
Fantasy Sports

Cards52 raises pre-seed funding round from angel investors

Ayron Tech Private Limited, the parent company of upcoming real money gaming (RMG) website Cards52.com, recently concluded its funding round, receiving an undisclosed amount...
Gaming

Real money gaming platform Big Cash in talks to raise $30 million from investors

Real money gaming platform Big Cash is in talks with investors to raise $30 million as reported first by Animation Xpress. “We’re in talks...
Gaming

PMO calls for online RMG files from NITI Aayog in surprise move

The growing ambivalence around real money gaming, that led the Government of India to throw the ball in the state governments' court, has now...
Gaming

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