Monday, June 27, 2022


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Adda52 sees room for growth as market expands


Online gaming in India is recording explosive growth, with the total number of gamers expected to hit 300 million by the end of next year, from just 120 million in 2016.

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Supreme Court dismisses petitions against Dream 11


A division bench of the Supreme Court has dismissed GST evasion and gambling appeals filed against fantasy sports operator, Dream 11 - upholding a pre

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China investors eye online gaming startups


India’s booming online gaming market is attracting a flood of investment from mainland China as Beijing steps up efforts to regulate video games at home.

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Bombay High Court backs Dream 11


The Bombay High Court has backed Dream 11 in arguing that fantasy sports are a game of skill and therefore not gambling, dismissing a public interest litigation attempt brought by an anti gambling activist.

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India tax officials question fantasy sports GST best practice


India’s tax authorities are currently working out how to best tax online fantasy gaming businesses, after launching an inquiry into how GST is calcu

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Head Digital Works launches sport content platform


Head Digital Works Private Limited (formerly Head Infotech Private Limited), the parent company of leading online rummy website Ace2Three, has announc

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Up to individual states to regulate fantasy sports


Union Minister of State for Finance, Pon Radhakrishnan, has said it’s up to individual states to decide on how to regulate gambling on fantasy sports, Glaws reports.

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Sugal & Damani Group launches Khel Group platform


Indian gaming company Sugal & Damani Group has announced the launch of a new fantasy sports website, KhelChamps, local media reports. The fanta

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RotoQL raises further $3m in seed funding


RotoQL, direct-to-consumer sports data and analytics company, said it raised $3 million in a seed round bringing total funds raised to $4.7 million. T

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Ace2Three acquires majority stake in FanFight


India-based online rummy gaming company Ace2Three has upped its investment in fantasy gaming platform Fanfight, acquiring a majority stake with a $1 m

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Dream11 recruits India cricket hero


Fantasy sports operator Dream11 has roped in Indian cricket team wicket-keeper and former captain Mahendra Singh Dhoni as its brand ambassador, Glaws

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DraftKings eyes lucrative sports betting space


Fantasy sports operator Draftkings is reportedly hoping to get a foothold into the sports betting space, according to a report from Associated Press.

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Fantasy sports body launches in India


A registered not-for-profit trade body, the Federation of Indian Fantasy Sports (FIFS), officially launched on October 24, Glaws reports. FIFS is a se

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India roundup: fantasy sports and Kerala lottery


The High Court of Punjab and Haryana has ruled that online fantasy games require skill and therefore can’t be considered gambling, which is illegal.

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Ace2Three enters fantasy sports space


Online rummy operator Ace2Three is looking to become a player in the fantasy sports market, investing in soon-to-be-launched fantasy sports portal Fan

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DFS to take off in Russia: Bollier


OulalaGames CEO Valery Bollier says he is optimistic about the future of DFS in Russia after the amended sports betting bill came into effect on April

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Skill-based games market to reach $3.6 billion by 2022


India’s skill-based games market is expected to grow over $3.6 billion in the next six years, according to a report released by Research and Markets

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Exciting alternatives


BetConstruct joins G2E Vegas 2016 with a whole set of additions to its offerings to cement its reputation of an award-winning provider and supplier of

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New Fantasy Sports app launches, eyes Australia


New Fantasy Sports App SportsHero officially launched this week, allowing sports fans to make predictions on upcoming games with virtual currency wage

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