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Premier industry body Internet and Mobile Association of India (IAMAI) is set to host the second edition of the Gaming for Tomorrow Conference (GATO) on 24th April, 2019 at The Leela Ambience, Gurugram and has released the agenda and schedule for the event. According to the organisers, the day long conference will have discussions around the various facets of digital gaming in India. Industry experts will brainstorm on the potential of various online games and…
Fantasy sports portal StarPick has announced that it is withdrawing from the membership of sports gaming industry body Indian Federation of Sports Gaming (IFSG) with immediate effect. The reason given by the company for its withdrawal and disassociation from the industry body, was because innovation and newer formats of fantasy gaming, such as the company’s recently launched prediction-based ‘Fantasy MatchUp’ games  were not accepted by the industry body in its charter. – Commenting on the…
Indipepper Media Private Limited, which operates real money quiz and trivia platform Zupee has received US$1 million (approximately Rs. 6.9 crores) in funding from internet investment and advisory company Smile Group. As per a report in VCCircle, Zupee, which was founded in May 2018 has been incubated by Smile Group since November 2018. The company stated that the new funds will be used for business growth and to expand its current team of 15 members. The…
The Gujarat government has initiated preliminary discussions to explore the possibility of amending the existing gambling legislation, i.e. the Gujarat Prevention of Gambling Act to cover online gambling and betting, as per a report in the Times of India. The proposed changes to the existing laws are being discussed at the request of the Ahmedabad police department officials who felt that the current laws mainly cover gambling and betting in physical locations and are…
Leading fantasy gaming website Dream11 has entered the unicorn club (startups with over $1 billion valuation) with news reports confirming last month’s speculations that London-based Alternative Asset Manager fund Steadview Capital has invested around $60 million in the company at a valuation of around $1-1.5 billion. The deal is reported to be a secondary transaction with Dream11’s existing investors Kalaari Capital, Multiples Alternate Asset Management and Think Investments selling part of their stake in the…
The Sri Lankan government has clarified in parliament that the proposed US$50 entry fee on players wishing to play in casinos would only apply to local residents. Last month, the country’s finance minister Mangala Samaraweera had announced a 5o dollar entry fee on guests wishing to play in casinos as well as drastic hikes in annual license fees from 200 million Sri Lankan rupees (around US$1.1 million) to 400 million Sri Lankan rupees (US$2.2 million). Samaraweera…
Fantasy sports operator StarPick announced that it has introduced an innovative and easy to play head-to-head game on its platform called ‘Fantasy MatchUp’. The platform, which uses white label software from Norwegian B2B provider Scout Gaming has stated that the new real money game format is easy to understand and enables two users’ to play and win against one another instead of competing against thousands of others. The format entails users to predict a minimum of…
Head Digital Works Private Limited (formerly Head Infotech Private Limited), the parent company of leading online rummy website Ace2Three, has announced the launch of its latest venture Cricket.com- a sports content platform providing live updates, predictions, data analysis and syndicated content about cricket matches at a private function in Mumbai today. The star studded opening ceremony was attended by retired and current international cricketers such as Rohit Sharma, Brian Lara, Kevin Pietersen, Mahela Jayawardhene and…
Indian T20 cricket season has arrived and 11Wickets.com is offering Rs. 100 crores cash prize in winnings to celebrate this cricketing spirit with fantasy cricket users! During this T20 cricket gaming season, 11Wickets.com has announced Rs. 100 crores in winnings for the fantasy cricket lovers playing the T20 games in the platform. The offer is applicable for both new and existing users. The offer is valid through the Indian T20 gaming season, which will extend…
Rohan Khaunte, the Information Technology, Labour and Revenue Minister of Goa has stated that around 820 casino employees of the Pride Group were enrolled as voters in the Porvorim constituency at the behest of the casino lobby. Khaunte, a two term independent MLA from the Porvorim area claimed that voters from Mizoram, Manipur and even Nepal were added on the voter list in his constituency illegally, since they were also registered as voters in their…