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Probe Agency ED Freezes Assets Worth Rs 192 Crore Possessed By ZO Games
The Enforcement Directorate (ED) has frozen worth around Rs 192 crores in the form of bank balances, Fixed Deposit Receipts (FDRs), and mutual funds possessed by ZO Games Pvt Ltd, a fully owned Indian subsidiary of Winzo Pvt Ltd.
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Gaming Platform WinZO's Founders Arrested By Enforcement Directorate
The Enforcement Directorate has arrested online money gaming platform WinZO founders - Saumya Singh Rathore and Paavan Nanda - on money laundering charges, officials said Thursday.
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Probe Agency Freezes Rs 523 Crore In Assets Of Gaming Firms WinZO, Gameskraft
The ED on Monday said it has frozen collective deposits worth about Rs 523 crore of online gaming companies WinZO and Gameskraft as the platforms allegedly "held" funds worth crores of rupees that should ideally have been refunded to players.
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Winzo Launches Short Video Platform Zo TV, Expands to US After Shutting Down Real-Money Games in India
Winzo, an Indian gaming platform, launched a short video platform on Sunday, just days after shutting down its real-money games amid the Indian government’s blanket ban. The company also announced its foray into the US market and said that it will bring Indian gaming innovation to global audiences. Interestingly, Winzo plans to bring its entire c...
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Competition Commission of India to Investigate Google's Strict Real-Money Gaming App Policy
The Competition Commission of India (CCI) has ordered a probe into Google's restrictive policies for real-money games on its platform. WinZO, which offers real-money games, first approached the CCI in 2022 after Google excluded it from the Play Store.
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Online Gaming Companies Say 28 Percent GST Will Limit Their Business, Lead to Lakhs of Job Losses
Online gaming companies on Tuesday said that levying of 28 percent GST will limit their ability to invest in new games, impacting cash flows as well as business expansion. The All India Gaming Federation (AIGF), which represents companies like Nazara, GamesKraft, Zupee and Winzo, said the decision by the council is unconstitutional, irrational, and...
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Winzo Games Lawsuit: Delhi High Court Seeks Google's Stance on Lawsuit Over Real-Money Games Policy
The Delhi High Court on Thursday issued notice to Google, seeking its stance on Winzo Games' lawsuit against the search giant, and observed that the issue of net neutrality was also raised by the plaintiff. Winzo Games has sued Google claiming that its new policy would allow only daily fantasy sports (DFS) and rummy games applications on the Play S...
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Google Sued by Online Gaming Firm Winzo for Its New Gaming Policy Involving Real-Money Games
Google has been sued by online gaming platform Winzo for its new gaming policy, allowing real-money games for fantasy sports and rummy on its platform. According to Winzo, Google’s effort to allow real-money games is discriminatory, a legal filing seen by Reuters showed. Google said earlier this month that games for fantasy sports and rummy could...
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14 Ads From Gaming Firms Found Violating Advertising Standards During IPL: ASCI
The Advertising Standards Council of India (ASCI) screened 35 advertisements from the online real-money gaming industry that were broadcast during the first week of ongoing IPL tournament.
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Probe Agency ED Freezes Assets Worth Rs 192 Crore Possessed By ZO Games
The Enforcement Directorate (ED) has frozen worth around Rs 192 crores in the form of bank balances, Fixed Deposit Receipts (FDRs), and mutual funds possessed by ZO Games Pvt Ltd, a fully owned Indian subsidiary of Winzo Pvt Ltd.
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Gaming Platform WinZO's Founders Arrested By Enforcement Directorate
The Enforcement Directorate has arrested online money gaming platform WinZO founders - Saumya Singh Rathore and Paavan Nanda - on money laundering charges, officials said Thursday.
-
Probe Agency Freezes Rs 523 Crore In Assets Of Gaming Firms WinZO, Gameskraft
The ED on Monday said it has frozen collective deposits worth about Rs 523 crore of online gaming companies WinZO and Gameskraft as the platforms allegedly "held" funds worth crores of rupees that should ideally have been refunded to players.
-
Winzo Launches Short Video Platform Zo TV, Expands to US After Shutting Down Real-Money Games in India
Winzo, an Indian gaming platform, launched a short video platform on Sunday, just days after shutting down its real-money games amid the Indian government’s blanket ban. The company also announced its foray into the US market and said that it will bring Indian gaming innovation to global audiences. Interestingly, Winzo plans to bring its entire c...
-
Competition Commission of India to Investigate Google's Strict Real-Money Gaming App Policy
The Competition Commission of India (CCI) has ordered a probe into Google's restrictive policies for real-money games on its platform. WinZO, which offers real-money games, first approached the CCI in 2022 after Google excluded it from the Play Store.
-
Online Gaming Companies Say 28 Percent GST Will Limit Their Business, Lead to Lakhs of Job Losses
Online gaming companies on Tuesday said that levying of 28 percent GST will limit their ability to invest in new games, impacting cash flows as well as business expansion. The All India Gaming Federation (AIGF), which represents companies like Nazara, GamesKraft, Zupee and Winzo, said the decision by the council is unconstitutional, irrational, and...
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Winzo Games Lawsuit: Delhi High Court Seeks Google's Stance on Lawsuit Over Real-Money Games Policy
The Delhi High Court on Thursday issued notice to Google, seeking its stance on Winzo Games' lawsuit against the search giant, and observed that the issue of net neutrality was also raised by the plaintiff. Winzo Games has sued Google claiming that its new policy would allow only daily fantasy sports (DFS) and rummy games applications on the Play S...
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Google Sued by Online Gaming Firm Winzo for Its New Gaming Policy Involving Real-Money Games
Google has been sued by online gaming platform Winzo for its new gaming policy, allowing real-money games for fantasy sports and rummy on its platform. According to Winzo, Google’s effort to allow real-money games is discriminatory, a legal filing seen by Reuters showed. Google said earlier this month that games for fantasy sports and rummy could...
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14 Ads From Gaming Firms Found Violating Advertising Standards During IPL: ASCI
The Advertising Standards Council of India (ASCI) screened 35 advertisements from the online real-money gaming industry that were broadcast during the first week of ongoing IPL tournament.
