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The Latest in india
Legal
February 15, 2022
High Court Tosses Ban on Gambling in Karnataka, India
The Karnataka High Court has struck down key amendments in the Karnataka Police Act 1963. These amendments were introduced last year to ban any form of gambling in the state, online or otherwise, to reduce the threat of Internet gaming and other apps. However, local government officials were wrong when they made their attempts, as […]
Blockchain
February 3, 2022
India Says Crypto to Be Taxed Like “Grey Area” Gambling Winnings
The government of India has been split about the future of cryptocurrencies. In 2021, the Reserve Bank of India (RBI) threatened to suspend crypto altogether on multiple occasions. Local crypto experts dismissed this as saber-rattling and they may have been right. The country is now moving to regulate the cryptocurrency industry not by banning it, […]
Sports
January 26, 2022
Planet Sport Makes First Foray with Content Services in India
Planet Sport, a B2C2 and B2B sports media company, has launched in the Indian market where it will deliver its full suite of services and products to local operators, suppliers, and affiliates. The company enters a market that is still challenged by a lack of a unified regulatory framework that makes navigating it doubly challenging. […]
Industry
January 7, 2022
Tamil Nadu Bans Online Gambling Amid Suicide Cases
Tamil Nadu, an Indian state at the southernmost tip of the Indian subcontinent, has taken a stance against online gambling and is moving toward banning it locally. The news was announced by Chief Minister Muthuvel Karunanidhi Stalin in the State Assembly. Tamil Nadu Will Ban Online Gambling to Protect the Youth Stalin gave further insights […]
Poker
December 30, 2021
National Poker Series India 2022 Officially Scheduled to Start on March 6
India’s most prestigious poker event, as well as one of the most recognized and most prestigious in the poker industry, just shared its dates for the 2022 edition. As the official announcement states, the National Poker Series India will start on March 6, 2022, and will last for 15 days. A Total of 84 Tournaments […]
Esports
December 7, 2021
Indian Lawmaker Calls for Tougher Regulation on Online Gaming
Online gaming may soon come under fire from government officials if BJP leader Sushil Kumar Modi, a member of the Rajya Sabha, the upper house in the country’s parliament, is to have his way. Speaking on Friday, Modi called for a uniform tax on the online gaming industry, citing growing addiction to mobile gaming among […]
Business
July 12, 2021
Stockholm-Listed Raketech Acquires P&P Vegas Group for $19M
Online gaming marketing affiliate firm Raketech announced today the acquisition of P&P Vegas Group Inc to strengthen its position in the growing US markets. Financial Details of the Acquisition The transaction is valued at €16 million ($19 million) on a debt-free basis and will be settled with €9 million ($10.68 million) in cash and 3,881,968 […]
Casino
May 3, 2021
Casinos in Goa Remain Shut amid Mounting COVID-19 Cases
Following a continuous increase in COVID-19 related cases, Goa officials have suspended gaming properties in the Indian state. Goa Orders Casinos in State to Shutdown Casinos in the state of Goa have been shut down since last Thursday as the country faces one of its worst health crises, and outside observers continue to criticize India for under-reporting […]
Business
April 16, 2021
SoftSwiss Inks Partnership with Betjungle, Enters Indian Market
SoftSwiss inked a new partnership agreement with Betjungle. As a result of the collaboration, the company entered the Indian sports betting market. SoftSwiss Enters the Indian Betting Market via Partnership with Betjungle Online casino software brand, SoftSwiss, announced the start of a new betting project. The company inked an agreement with Betjungle Sportsbook, which led […]
Esports
April 12, 2021
Growing Momentum of Indian Esports Requires Regulation
Esports in India are gathering momentum as high-speed Internet and mobile technology is becoming readily available, a new report by KPMG has revealed. India Needs Regulatory Framework Esports to Fall Back On Esports in India is about to explode, and the only thing that may be holding the industry back is limited regulation that makes […]