The Enforcement Directorate filed a chargesheet in a Bengaluru court against three Gameskraft founders and associated entities for laundering ₹19,984 crore generated by cheating online rummy players. The probe stems from FIRs over player addiction, losses, and suicides
The Enforcement Directorate attached Gameskraft-linked assets worth Rs 1,906 crore in a money laundering case, alleging its online gaming platforms promoted addictive wagering, used BOTs against players, and generated illegal proceeds through commissions, dividends, and share buybacks from real-money gaming operations
The Enforcement Directorate froze ₹526 crore in bank deposits and seized gold and cash after raids on online gaming firm Gameskraft in a money laundering case. Three founders were arrested, with allegations linked to cheating, fraud, and real-money gaming operations
The Enforcement Directorate arrested three founders of Gameskraft in a money laundering case linked to alleged fraud and suicides. The agency also conducted raids and seized documents amid an investigation under the PMLA
Online gaming firm Gameskraft has laid off 120 employees after India passed the Online Gaming Act, 2025, banning real-money gaming. The company cited regulatory pressures for halting operations, while FY25 profits also fell due to a ₹231 crore accounting adjustment
ndia’s leading fantasy and real money gaming platforms have suspended paid contests after the Online Gaming Bill 2025 came into effect, banning money-based games. The law imposes prison terms and hefty fines for offering, promoting, or sponsoring such games
