Casino Industry Maligned through Allegations of Electioneering
Goa has seven offshore and nine on shore casinos running in the State. The leading political parties in the State, BJP and Congress have taken turns to oppose the presence of casinos while the ruling party looked the other way. Most of the casino licenses were granted during Congress rule between 2007-2012.The casino industry has always been a point...
Scoring11 is the next Fantasy Gaming Company to Get Funding in India
Investments are coming into the Indian Fantasy Gaming market by the droves. Sports Gaming UK, the holding company of free to play betting company India Bet, has announced an investment in Playsafe Games Pvt. Ltd. which is the operating company for the fantasy gaming site Scoring11.According to various reports Sports Gaming now holds 20% of PlaySafe with India Bet...
GamingMonk gets another Infusion of Capital for the Indian Markets
Gaming Monk has received a strategic investment of USD 100,000 (around Rs. 70 lakh) from a Japanese gaming media company – Gamewith. The company had released a statement that the strategic partnership is expected to benefit from the synergies, collaboration and support for the Indian online gaming industry.The funding which has been provided by GameWith will be used for...
74 Ways to Win at Poker – The Grinder Manifesto
74 Ways to Win at Poker - The Grinder Manifesto Be the aggressorEach time you bet or raise you give the opposition a chance to fold, in which case you win the pot. When you just check or call, they can't fold. Your profit goes down. Play your gameThere are many profitable styles in poker. Playing in...
AIGF Pushes for Inclusion of Gaming in Manifesto of Leading Political Parties
The All India Gaming Federation (AIGF), an Industry body representing gaming, has submitted a proposal to the members of both leading political parties in India i.e. BJP and Congress, to regulate online gaming in each of their respective manifestos.The All India Gaming Federation suggests that the online gaming industry can generate significant revenues for the exchequer apart from creating...
Adda52 backed Gaming Education Company iChamp raises funding in Pre Series A Round
Adda52 founders Anuj Gupta and Mohit Agarwal had invested an undisclosed amount in RNM E-Services Pvt. Ltd. during November 2018. RNM E-Services Pvt. Ltd. runs an innovative digital educational platform known as iChamp. It seems the investment is paying off as iChamp has now raised an undisclosed sum in a pre-series A round which was led by Singapore based...
PUBG and Poker lead the way to Prizes for Indian Gaming
Gaming in India is on the rise evidenced with the fact that Team Soul won the trophy of Rs. 30 lakh from PUBG Mobile India Series with a total prize money of Rs. 1 Crore. The tournament created unprecedented buzz through Indian gamers who were only used to seeing such high prizes in real cash games or overseas console...
Poker used in IIM (K) to teach Competitive Theory
Poker is a highly competitive skilled game. It is also rising rapidly in popularity in India. Taking this into account prestigious business schools such as IIM (K) have started to include it as a part of the syllabus for Post Graduates in Management.The inclusion of Poker is not about learning to play the game per se, but is about...
Delta Corp Launches Fantasy Cricket with HalaPlay
The gaming company listed on an Indian stock exchange, Delta Corp. Ltd., has just announced that it has Rs. 15.5 crore investment in Halaplay Technologies Pvt. Ltd which is a company operating fantasy gaming portal HalaPlay. Halaplay Technologies has a post money valuation of Rs. 100 crore with 15.52% stake being owned by Delta Corp.Through a regulatory filing to...
PokerRaj Launches: PokerRaj International – The 100 Series
PokerRaj.com is an online poker site started under the popular licensing, entertainment and gaming company Viaan Industries Ltd. and is promoted by a leading entrepreneur duo Raj Kundra and celebrity Shilpa Shetty Kundra. They have recently decided to go International with the announcement of “PokerRaj International – The 100 Series”. This series is going to be hosted in Sri...