business
ED Attaches Rs 1,906 Crore Assets Linked to Gameskraft, Alleges Addictive Gaming
Archived — last updated
The Enforcement Directorate has attached assets worth Rs 1,906 crore linked to online gaming company Gameskraft, alleging that its platforms created an addictive gaming environment that encouraged repeated wagering by players.
Latest updates
ED Attaches Rs 1,906 Crore Assets Linked to Gameskraft, Alleges Addictive Gaming
The Enforcement Directorate has attached assets worth Rs 1,906 crore linked to online gaming company Gameskraft, alleging that its platforms created an addictive gaming environment that encouraged repeated wagering by players. The action was taken under the Prevention of Money Laundering Act on July 22, in a case related to the RummyCulture, RummyPrime, Playship, and RummyTime platforms. According to India Today, the Enforcement Directorate has accused Gameskraft of creating an environment that encouraged players to wager repeatedly, leading to financial losses and addiction. The case is a significant development in the ongoing crackdown on online gaming companies in India.
Sources
AI-assisted summary of the reporting above. Quotes are kept to one sentence. Copyright concern? See our DMCA takedown page.
Related stories
Latin American banana producers seek higher pay amid climate crisis
Banana producers in Latin America are calling for better pay to help cope with the impact of the climate crisis, as they face big drops in
Democratic midterm sweep threatens Trump tariffs and AI expansion
Democrats won U.S. House and Senate, threatening Trump's tariffs and AI plans
EU considers acting on Russia shadow fleet sanctions without US support
Since Russia's full-scale invasion of Ukraine , Moscow has increasingly relied on a so-called shadow fleet to bypass Western sanctions and