The ETtech team has been neck-deep preparing for the past few months to bring you the 11th edition of The Economic Times Startup Awards (ETSA). Today, we are unveiling the elite jury and nominees for two more categories — Woman Ahead and Social Enterprise. The stage is set for a historic showdown as India and Pakistan go head-to-head in the Asia Cup final for the very first time in the tournament’s 41-year history. Undefeated so far, India is chasing a record ninth title, with skipper Suryakumar Yadav’s Men in Blue brimming with confidence.
This move follows Winzo’s previous expansion into Brazil and comes as India’s new online gaming bill restricts real money gaming. Winzo aims to leverage its user base and portfolio of games to gain traction in the US. Income from online real money games like Dream 11 and Rummy is taxable, necessitating ITR filing.
The government risks losing tax revenue and boosting illegal money flows. While some activity may shift to physical venues or esports, addiction will persist. Indian gaming platform Winzo has expanded into the United States, marking its entry into a mature mobile gaming market.
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- This decision follows the enactment of the Promotion and Regulation of Online Gaming Bill, 2025, which led Dream11 to discontinue its real money gaming activities.
- In certain cases, if you report an issue with your Air Conditioner, Refrigerator, Washing Machine or Microwave, we may schedule a technician visit to your location.
- Winzo aims to leverage its user base and portfolio of games to gain traction in the US.
- Having suffered two defeats at the hands of India in the Super 4 stage, the Green Shirts are keen to avenge those losses and clinch their third Asia Cup trophy.
- Talent from the RMG sector is launching ventures, seeking guidance from Titan Capital.
- Mahindra Lifespace is set to redevelop housing societies, and Coal India has been named the preferred bidder for a rare earth element exploration block.
Jain said the company has current cash reserves to survive for the next few years as the government’s blanket prohibition on real-money gaming wiped out 95% of its revenue. It will now focus on building businesses in sports AI, streaming, and creator-led fan engagement. While some firms have announced the shutting down of real-money offerings, others are weighing the option of tapping overseas markets where real-money play jeetwin bet is legal. For the domestic market, they plan to shift to free, ad-supported contest formats. But this is not expected to keep players looking for financial payoffs, engaged.
Games24X7 to lay off 70% employees as real money gaming ban pinches
The new online gaming law prohibits promotion of these games, making the sponsorship unfeasible. The government says that the ban addresses the risks of fraud, money laundering, and terror financing, while encouraging the growth of e-sports and skill-based online games. However, industry stakeholders say it could push consumers to illegal offshore gambling and unregulated platforms. India’s ban on real money gaming sees offshore platforms surge.
On the basis of the technician’s evaluation report, we will provide resolution. Refunds applicable only if it has been determined that the item was not damaged while in your possession, or is not different from what was shipped to you. You can return if you receive a damaged, defective or incorrect product. Hi, I’m Shailesh Nagpal, and I’m a passionate gamer and esports enthusiast. As a writer, I love exploring the world of gaming, esports, and betting, and sharing my insights and opinions with fellow fans. There is a new player in the financial market -@RaiseTheBarHQ entering with its own ecosystem with scratch.
The Board of Control for Cricket in India ended its deal with Dream11. Devajit Saikia of BCCI spoke about the contract termination. Apollo Tyres has emerged as the front-of-jersey sponsor for the Indian cricket team, securing the rights with a ₹579 crore bid, surpassing Canva and JK Cement.
Which gambling sites are banned in India?
Which betting app is banned in India? Big banned betting apps include Betway, 1xBet, Parimatch, MELBET, Mahadev Book, and many others in this article. The complete list has more than 25 apps banned from 2023 to 2025.
If you do not receive a response from the seller for your return request within two business days, you can submit an A-to-Z Guarantee claim. Return the clothing in the original condition with the MRP and brand tag attached to the clothing to avoid pickup cancellation. We will not process a replacement or refund if the pickup is cancelled owing to missing MRP tag. Jackpot Bonanza is a game that provides Indian players with thrills and excitement, ease and accessibility, and awards and incentives. It is a game that has altered lives in India, as many Indian players have won largely in Jackpot Bonanza.
This item is eligible for free replacement, within 10 days of delivery, in an unlikely event of damaged, defective or different/wrong item delivered to you. Despite being banned, such games thrive on offshore platforms and social media promotions. WPP Media and ITW Universe are among those vying for the Indian cricket team’s jersey sponsorship. A cement manufacturer and a tech firm also bought tender documents.
Harsh Goenka’s comment highlights the risks of sponsoring the Indian cricket team. Many past sponsors like Sahara and Byju’s faced financial or legal issues. Despite the ‘jersey jinx,’ the sponsorship remains highly desirable. The BCCI seeks a new lead sponsor for the national cricket team after Dream11’s exit due to the government’s ban on money-based gaming. With a soft advertising market, the board has invited expressions of interest, setting a high eligibility bar and excluding firms in betting, crypto, and certain other sectors. Hike, the 13-year-old startup founded by Kavin Bharti Mittal, is shutting down following the Indian government’s ban on real money gaming.
