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  • Rajasthan HC Reiterates that Dream11 is a Game of Skill

    A division bench of the Rajasthan High Court in an order given last week, reiterated the earlier pronouncements of the Punjab & Haryana and Bombay High Courts that ruled fantasy sports to be games of skill and consequently falling outside the ambit of gambling/betting legislations. The division bench comprising of Chief Justice Indrajit Mohanty and...

  • Deltin Inaugurates Its First International Casino at Marriott Hotel in Kathmandu

    Delta Corp Limited has expanded its presence beyond Indian borders by recently launching its first international casino at the Marriott Hotel in Kathmandu, Nepal. The casino has been launched as part of an agreement between the Deltin Group and Everest Hospitality and Hotel Pvt. Ltd.  Delta Corp, through an announcement to the stock exchanges, last...

  • Raj Kundra’s Viaan Industries Starts Controversial Real Money Housie App

    Controversial British businessman and Viaan Industries Limited’s Chairman, Raj Kundra has recently launched Housie Quiz, a real money, online housie and quiz game app. The game has been produced by Viaan Industries for Android and iOS.  Housie or Tambola is a popular game among Indian households. However, success in this game involves little skill and...

  • 30 Arrested for Rioting and Holding Guest, Staff Hostage at Goa Casino

    In the early hours of Thursday, 30 men were arrested at a casino, a Pride Casino Group facility, near Calangute Beach in North Goa. These men were arrested on the account of rioting at the casino and holding staff and guests hostage. The Pride Casino Group management called the police at around 3:30 am to...

  • Dhaka High Court Declares Gambling Illegal Across the Country

    Dhaka High Court recently (Monday, February 10th) declared all forms of gambling illegal in Bangladesh. The court also observed that Public Gambling Act, 1867 should be updated and punishment for gambling should be increased. The order was passed by a bench comprising Justice Sheikh Hassan Arif and Justice Md Mahmudul Hasan Talukdar. The order followed...

  • SPiCE India 2020 – Events, Agenda and Sneak-Peek

    Eventus International’s 3rd edition of the Strategic Platform for iGaming Conference & Exhibition in India  (SPiCE India) is only a month away. The event will be held at Marriott Resort & Spa in Goa, India, from 25th to 27th March 2020. As per SPiCE event’s website, the focus of this year’s event will be to...

  • Legal Heavyweights Battle it out in Dream11 GST Evasion case

    The Bombay High Court has adjourned the hearing in a review petition filed by the central government on the manner of payment of Goods and Services Tax (GST) by Dream11 to 19th March, 2020. A division bench of the Bombay High Court comprising of Justices Ranjit More and Bharati Dangre was earlier supposed to hear...

  • FIFS will Host 3rd Edition of Fantasy Sports Event GamePlan in March

    Federation of Indian Fantasy Sports (FIFS), earlier known as Indian Federation of Sports Gaming, is hosting the 3rd edition of their Fantasy sports conference Gameplan on March 5th 2020 at theLe Meridien Hotel in New Delhi. Gameplan 2020 is expected to be attended by 250+ senior industry delegates, including operators like Dream11, MyTeam11, and My11Circle....

  • Vijay Goel Raises Questions About Regulating Online Lotteries, Govt to Amend Rules, Introduce RNG Certification

    Rajya Sabha Member of Parliament (MP) and former Minister Vijay Goel, on Wednesday, raised unstarred questions in the upper house of parliament in respect to committees formed by the government on banning or regulating lottery, recommendations made by such committees on online lottery, details of any plans of the government to formulate guidelines or regulation...

  • Twitter-backed ShareChat Joins the Fantasy Sports Bandwagon, Launches Jeet11

    ShareChat, a local social networking App, backed by Twitter, has developed a fantasy sports app called Jeet11.  ShareChat raised $100 million last year, in a funding round led by Twitter. Their fantasy app Jeet11 has been under testing for the last six months. The app hosts fantasy cricket and football games and already has a...

  • IFSG Renamed to Federation of Indian Fantasy Sports

    Dream11-founded self-regulatory industry body Indian Federation of Sports Gaming (IFSG), has renamed itself to Federation of Indian Fantasy Sports (FIFS), as per a press release. Interestingly, the industry body was originally christened as FIFS when it was incorporated as a Section 8 Company under the Companies Act, 2013 (Not for Profit Company) in 2017. This...

  • Goa Minister Supports Entry of Goans in Casinos and Legalisation of Matka

    Although Goa Chief Minister Pramod Sawant recently announced ban on Goans from entering casinos in the state from February 1 2020, his party colleague and State Ports Minister Michael Lobo said that Goans should be allowed to visit casinos as there is a difference between visiting a casino and gambling, as reported by The Times...

  • SC Dismisses Gurdeep Sachar’s Clarification Application in Dream11 GST matter

    A Supreme Court bench of Justices Rohinton F. Nariman and S. Ravindra Bhat on Friday dismissed a clarification application filed by advocate Gurdeep Singh Sachar, which had urged the apex court to allow the issue of whether the fantasy games offered by Dream11 amounts to gambling/betting can be reviewed in the Bombay High Court for...

  • Online Lottery Schemes Banned by Punjab Government

    The state of Punjab has banned all types of online lottery schemes operated by Indian or foreign lottery sellers in the state, as per an official spokesperson. On 31st January 2020, the government of Punjab took the decision of banning online lottery schemes under Section 5 of the Lotteries (Regulation) Act 1998. – As per...

  • India’s First National Poker Series in Apr-May 2020

    Leading online poker portal PokerBaazi has announced the launch of the National Poker Series (NPS) 2020 an affordable live tournament series to promote poker in the country. The first season of the series is being held from 29th April to 5th May 2020. The series aims to bring together poker players from all over the...

  • Swaminathan Aiyar advocates legalising betting to reduce fiscal deficit

    The Indian economy is going through a slowdown, as are the economies of many other countries in the world. In the last quarter, India’s economy has grown only at a rate of 4.5%. As per the estimates of the Indian Monetary Fund, this growth rate will stall around 4.8% for the full financial year. This...

  • Goans Banned from Casinos from 1st Feb, Gaming Commissioner Announced

    Goa Chief Minister Pramod Sawant has announced that local Goans will be banned from entering and playing in casinos from 1st February, 2020 onwards. The Chief Minister further announced that the Commercial Tax Commissioner has been designated as Gaming Commissioner under Section 13C of the Goa, Daman and Diu Public Gambling Act as amended in...

  • Virat Kohli is MPL’s Brand Ambassador for Another Year

    Mobile Premier League (MPL) has renewed its association with its brand ambassador and Captain of the Indian Cricket team Virat Kohli for another year, as reported by Exchange4Media. Virat was first signed on as MPL brand ambassador for a year in March 2019, when the company launched various video campaigns with the cricketer to gain...

  • Gurdeep Sachar moves SC seeking Clarification on Dream11 GST matter, Centre battles it out in HC

    Mumbai-based advocate Gurdeep Singh Sachar, who had unsuccessfully filed a Public Interest Litigation (PIL) and Supreme Court appeal against Dream11, has once again moved the apex court seeking clarification on the scope of its order dated 13th December, 2019. Sachar in his application for clarification has stated that while dismissing the order, the Supreme Court...

  • PIL to Ban PUBG – Punjab Lawyer Compares it to Drugs

    A new Public Interest Litigation (PIL) has been filed to ban the multiplayer battle royale game PUBG by a lawyer named HC Arora from Chandigarh, Punjab.  The High Court had earlier asked the Union Ministry of Electronics and Information Technology to take a decision on the matter. – The direction of the high court to...

  • Dream11 Likely to Raise $500 Million in a Funding Round Led by Tiger Global

    Dream11, India’s first gaming unicorn, is looking at raising $500 million in a funding round that is likely to be led by Tiger Global Management, a New York-based startup investor that is actively investing in India. Tiger Global Management is likely to lead the funding round for Dream11 at a valuation of $2.5 billion, as...

  • Goa Casino Policy on hold, to be Deliberated only after Mining Crisis is Resolved

    Goa Ports Minister Michael Lobo while interacting with the press indicated that the long-pending Casino Policy of the state, that envisages shifting of the offshore casinos to a land zone near the upcoming Mopa airport, will not see the light of the day anytime soon. Lobo stated that the top priority of the state government...

  • Special Team to Inspect All Goa Casinos

    A special team has been formed by the state government of Goa to inspect the carrying capacity of offshore casinos in the state as per the Goa Gambling Act. The mandate of the special team also allows them to inspect onshore Star hotel casinos in Goa. The team has been constituted after the government suffered...

  • Bill Classifying Poker, Fantasy Sports as Skill Games Introduced in Nebraska

    A legislation defining various games like poker, fantasy games and sports betting as games of skills has been introduced by state Sen. Justin Wayne (D-Omaha) in Nebraska, United States of America, as reported by Cards Chat. Currently, Nebraska doesn’t allow gambling in most forms. If the bill is passed, it will allow operators in the...

  • Maharashtra Decides to Ban Online Lotteries

    The Maharashtra government has decided to ban online lotteries of other states, as there is no way to track online sales of lotteries, which leads to loss of revenue for the state. Maharashtra’s Deputy Chief Minister and Finance Minister Ajit Pawar has decided to make this move to ban online lotteries in the state, as...

  • Delta Corp Reports Flat Revenues, Lower EBIDTA, 9% jump in Net Profit

    Listed online gaming and casino company Delta Corp Limited announced its results for the third quarter of financial year 2019-20. The company declared that its consolidated net revenues for the period October-December 2019 was Rs. 205.13 crores, which was roughly the same as the revenues it earned for quarter three last year. – Delta’s EBIDTA...

  • Another PIL against Dream11 pending in Bombay HC

    Although the Bombay High Court dismissed a petition alleging that leading fantasy sports operator Dream11 was involved in gambling and Goods and Services Tax (GST) evasion on 30th April, 2019, another PIL filed against the central and state government, Dream11 and its founder directors Harsh Jain and Bhavit Sheth has been pending since 5th April,...

  • Online lottery distributor Playwin defaults on Loan Repayments, Insolvency Petition filed

    Essel Group promoted Pan India Network Limited, which distributes online lotteries of various state governments under the ‘Playwin’ brand has defaulted on payment of various dues and loans of operational creditors. As per the order of the Mumbai bench of the National Company Law Tribunal (NCLT), Pan India Network has defaulted on loans exceeding Rs....

  • Gujarat HC Defers Poker Matter to 17th February

    The Gujarat High Court once again deferred the hearings of letters patent appeals filed against a single judge bench’s order ruling poker to be a game of chance. A division bench of the High Court comprising of Chief Justice Vikram Nath and Justice AJ Shastri did not hear the appeals that were scheduled for arguments...

  • Game Streaming Platform Rheo TV Raises $2 Million

    Rheo TV, an online e-streaming and community platform, raised USD 2 million in an investment round led by Sequoia Capital India’s Surge, Lightspeed and other angel investors. “With this fundraise, Rheo is looking at product and content development and to hire new talent,” said Saksham Keshri, Co-founder and CEO, Rheo. – They are looking at...

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