Shares of Indian mobile gaming platform Nazara Technologies surged more than 80 percent in their market debut on Tuesday, with the initial public offering raising about $80 million.
An illegal casino allegedly functioning out of Radisson Blu Hotel in southwest Delhi’s Mahipalpur was busted on Saturday night, with fourteen people arrested.
A Chinese-controlled special economic zone in Sri Lanka is set to have regulation that will cover gaming, according to a draft law, local media reports.
Thirty one employees on one of Goa's floating casinos have tested positive for Covid as cases in the state mount.
Goa's Chief Minister said the government is currently reviewing the state's casino legislation, including the power and duties of a potential Gaming Commissioner.
The Goa Football Association has informed its executive committee and the member football clubs that there are indications that some matches are being fixed.
Dream Sports, which owns online fantasy sports platform Dream11, has raised $400 million in its latest funding round taking its valuation to nearly $5 billion.
A survey by community platform LocalCircles found that 68 percent of Indians would like to see regulation for online fantasy sports platforms. The survey received more than 50,000 responses from 309 Indian districts.
The All India Gaming Federation has challenged the constitutional validity of the Tamil Nadu Government's ban on online poker.
Meghalaya opposition parties have declared that revenue generation cannot be an excuse for turning a blind eye to the evils of online gaming and gambling.
InMobi’s mobile gaming India report 2021 records that about 45 percent of Indian gamers started playing during the Covid lockdown, and it provides other insights about the size and nature of the mobile gaming market in India.
Shares in Indian mobile gaming firm Nazara Technologies were quickly snapped up by investors during its initial public offering (IPO) on Wednesday, which was reportedly oversubscribed within hours of opening.
Shares in India's only listed casino group, Delta Corp, surged 8 percent on Wednesday to a 14-month high amidst optimism for the prospects of the gaming sector in the country.
India’s online gaming industry is expanding rapidly, now expected to reach a valuation of US$3.1 billion in 2023, according to a CLSA analysis.
GetMega, an Indian skill-based, real-money gaming startup has raised over $9 million from Accel India, Nexus Ventures Partner and other angel investors in early-stage funding rounds. The company is targeting 50 million registered users by year-end.
PlayerzPot, one of India’s leading online fantasy gaming platforms, has appointed Sunil Yadav as its new chief executive officer.
India-based esports and gaming firm Nodwin Gaming has announced that it has secured a US$22.5 million investment from South Korean game publisher Krafton, the developer of the wildly-popular PUBG.
Delta Corp has revealed plans to build a replacement casino ship valued at about INR1.5 billion (US$21 million) as a replacement for an older ship on the Mandovi River in Goa. The new ship is expected to come into operation in mid-2022.
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