يحاول ذهب - حر
More real money gaming platforms shut shop
August 23, 2025
|Financial Express Lucknow
SHUTDOWNS IN THE real money gaming (RMG) sector continued on Friday, with WinZO, Head Digital Works and PokerBaazi announcing the closure of their paid gaming operations.
The Promotion and Regulation of Online Gaming Bill, 2025, which was earlier passed by both Houses of Parliament, received the Presidential assent on Friday. It imposes a blanket ban on all real money gaming, regardless of whether the games are based on skill or chance.
WinZO, which has over 250 million users and hosts 100+ games in 15 languages, said it was "responsibly withdrawing impacted offerings effective August 2025 in compliance with the new law." The platform, which positioned itself as an "alternative to app-store monopolies," has attracted global investors, including Kalaari Capital, Griffin Gaming Partners, and Steve Pagliuca, co-chair of Bain Capital and owner of the Boston Celtics.
هذه القصة من طبعة August 23, 2025 من Financial Express Lucknow.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Financial Express Lucknow
Financial Express Lucknow
The role of language in shaping identity
China’s new gender-neutral pronoun is part of a global linguistic shift
3 mins
January 11, 2026
Financial Express Lucknow
Democracy in decay
How the ideals of the Constitution fail to percolate down to the masses
2 mins
January 11, 2026
Financial Express Lucknow
India, EU express strong will to conclude FTA early
TRADE TALK
2 mins
January 11, 2026
Financial Express Lucknow
Budget likely to focus on debt goals & fiscal deficit
More investment, efficiency for high growth: EAC head 'Strong turnaround for banking'
1 min
January 11, 2026
Financial Express Lucknow
Tradition with a twist
Piyush Mohnani, marketing head of fashion brand Asuka Couture.
3 mins
January 11, 2026
Financial Express Lucknow
A new sheriff in town
TWO HUNDRED YEARS after the Monroe Doctrine was declared by the 5th President of the United States, and despite the widespread doubt about its power and efficacy, the doctrine was invoked by the 47th President of the United States.
3 mins
January 11, 2026
Financial Express Lucknow
Moroccan cave fossils yield a missing link in human origins
The new finding has a potential to revise theories on early human evolution
4 mins
January 11, 2026
Financial Express Lucknow
DIY URBANISM
How residents are cleaning, greening and reclaiming their cities, one filthy river, dumping ground, or neglected corner at a time
3 mins
January 11, 2026
Financial Express Lucknow
Greenland’s party leaders dismiss US control proposal
GREENLAND'S PARTY LEADERS have rejected President Donald Trump’s repeated calls for the US to take control of the island, saying that Greenland’s future must be decided by its people.
1 min
January 11, 2026
Financial Express Lucknow
Scientists find oldest poison residues on 60,000-year-old arrows
The poison hints at how far back in history humans have been using it for survival
2 mins
January 11, 2026
Listen
Translate
Change font size