Enforcement Directorate (ED) is conducting a probe into Chinese companies that resort to fraudulent online betting, cheating people and sending the proceeds earned using illegal acts to China. These transactions have been taking place through technical transactions involving cryptocurre...
Dangal Games, India’s booming online skill-based gaming platform has raised a ‘Series A’ fund raise of USD 1 million from a strategic investor. Since its inception, Dangal Games (Founded by – Varun Mahna, Varun Puri, Shashwat Jain, Karan Gandhi & Manan Sobti) has c...
The long-awaited new year is finally here and with it we have Gutshot’s first e-magazine edition of 2021. For this January edition, we decided to focus more on the positive side of things. Covering everything from fitness to fantasy sports start-ups, we’re thrilled to make this year a w...
Allied Esports has reached an agreement to sell World Poker Tour (WPT) to Element Partners, an investment firm for USD 78.25 million. The premier esports entertainment company was formed in 2019 and is owned by Minnesota-based oil and gas firm Black Ridge Acquisition Group and Chinese o...
Last year in September, the government of India banned over 118 Chinese apps in the country due to privacy and security concerns. The association of PUBG mobile with China based company Tencent Games led to its subsequent ban, given the background of political tension between India and ...
The upcoming Poker Sports League Season 3 Virtual will be streaming on well-known OTT platform Voot. Voot is owned by Viacom 18 Media Pvt Ltd, has bagged the streaming rights for PSL Season 3 Virtual. Furthermore, poker brand Pocket52 has come on board as Poker Sports League’s (PS...
The Royal Western India Turf Club (RWITC) which conducts horse races in Mumbai and Pune has now started taking online bets on horse races on Paytm First Games. After remaining shut for eight months due to the pandemic, the RWITC resumed horse-racing on 27 November. Since 10 January, peo...
Three years ago in 2017, Nostragamus (Nostra Pro) entered the Fantasy Sports industry in India and is growing steadily. Now, the platform has expanded even further with the inclusion of card games like poker and rummy, quiz, and casual games for their users. This exciting platform has a...
Casino tycoon and a multibillionaire, Sheldon Adelson passed away at the age of 87. Adelson was suffering from non-Hodgkin’s Lymphoma and died due to complications related to the treatment. The press release by Las Vegas Sands, the casino and resort owned by Adelson, confirmed the news ...
Esports is a type of sport competition that is entirely about gaming on a professional level. Though there is a predominant idea that video games are just played for fun, in the digital era, it has become a part and parcel of our lives. Just like Esports competitions, streaming these ga...
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