The Hon’ble Supreme Court of India in Gameskraft Technologies Private Limited & Ors. and connected matters set aside the judgment dated May 11, 2023 of the High Court of Karnataka and …
The Enforcement Directorate (ED) has alleged that Bengaluru-based real money gaming platform Gameskraft Technologies used bots and manipulated gaming structures to cause financial losses worth over Rs 1,154 crore to users, according to a press release issued on Wednesday.
Bengaluru-based online gaming firm Gameskraft Technologies is grappling with a major financial scandal after its former CFO, Ramesh Prabhu, allegedly diverted Rs 250 crore of company funds to personally trade in the futures and options (F&O) segment.
The Supreme Court today (day 16) continued final hearings in the Gameskraft batch of cases challenging the levy of 28% GST on online gaming, casinos, and horse racing, with the matter listed before the division bench of Justices J.B. Pardiwala and R. Mahadevan.
The Supreme Court today (day 18) continued final hearings in the Gameskraft batch of GST cases, with proceedings focused on the classification and scope of matters under challenge. The matter is being heard by the bench of Justices J.B. Pardiwala and R. Mahadevan.
The union government has filed a transfer petition before the Supreme Court seeking transfer of all pending cases before the High Courts challenging GST notices issued to real money gaming companies. In a hearing today before the Sikkim High Court in relation to a petition by Delta Corp, the Deputy Solicitor General informed the court about the transfer petition.
Online gaming companies may get a breather as the Union government is likely to soften its stance on the retro…
The Hon’ble Supreme Court of India heard the case of M/s. E-Gaming Federation and Anr. v. Union of India and…
The writ petition by Industry Association E-Gaming Federation (EGF) and money gaming platform A23 before the Supreme Court challenging the provisions…
Bengaluru-based gaming platform Gameskraft is discontinuing its fantasy offering Gamezy Fantasy – which allowed cricket enthusiasts to pick virtual teams,…
