Karnataka High Court Declares ED Arrests of Gameskraft Founders Unlawful, Orders Their Release
The Karnataka High Court ordered the immediate release of Gameskraft founders, declaring their arrests illegal.
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Tag: Gameskraft
Gameskraft Founders Detained by ED in Suspected Money Laundering Scandal
The ED has arrested Gameskraft founders in a money laundering case linked to online gaming operations.
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“Gameskraft CFO Allegedly Misappropriates ₹250 Crore for Futures and Options Trading”
Bengaluru-based Gameskraft faces a financial scandal as former CFO Ramesh Prabhu allegedly diverted Rs 250 crore.
Read moreDetailsGameskraft Achieves Record Revenue of Over Rs 4,000 Crore in FY25; PAT Approaches Rs 1,000 Crore
Gameskraft's FY25 revenue grew 12% to Rs 3,896 crore, maintaining profitability before the gaming ban.
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Major Gaming Platforms Halt Real Money Operations
The Indian government’s Online Gaming Bill has led to multiple platforms like My11Circle shutting down.
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Gameskraft Halts Operations of Pocket52
Gameskraft is pausing its poker platform, Pocket52, to reassess its strategy for the poker market in India.
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