Vuélvete ilimitado con Magzter GOLD
Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo
Intentar ORO - Gratis
Poker trumps real-money gaming amid GST claims
Mint Bangalore
|July 22, 2025
Participation numbers have also surged, jumping from 2,200 to over 22,000 unique players
While India's gaming industry continues to reel under the weight of retrospective GST claims, the Poker Sports League (PSL) seems to have carved a niche by staying away from real money formats.
Structured like a traditional sports league, with no betting, wagering, or entry fees, the Amit Burman-backed franchise tournament has turned profitable in its sixth season and is now aiming to reach ₹50 crore in revenue by FY29, according to Mind Sports League (MSL).
In FY23, the company's revenue was ₹1.67 crore, which rose to ₹3.41 crore in FY24 and ₹7.03 crore in FY25.
Broadcast live on Jio Hotstar, the league has grown over 15 times in viewership in the last three seasons, from 1.2 million in season 4 to 22.6 million in season 6, as per top officials of the league.
Participation numbers have also seen a massive surge, jumping from 2,200 to over 22,000 unique players, with season 7 expected to cross 30,000.
Esta historia es de la edición July 22, 2025 de Mint Bangalore.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Mint Bangalore
Mint Bangalore
The woman who cracked China's grip on rare earths
When Amanda Lacaze became chief executive of Australian rare-earths mining company Lynas in 2014, few in the industry gave her much of a chance.
4 mins
June 20, 2026
Mint Bangalore
Delhi HC rejects plea on ban of Telegram
In a significant ruling for online platform regulation, the Delhi High Court on Friday rejected Telegram’s plea challenging the Centre’s temporary ban on the messaging platform, stating that the government’s action under Section 69A of the Information Technology Act was justified.
1 min
June 20, 2026
Mint Bangalore
Barrackpore on a platter
As a sometimes enthusiastic student of history in school, I’d often wonder what happened to those places so central to Empire—Masulipatnam, Plassey, Balasore, Barrackpore—and why they weren’t easily found in newspaper headlines of the day.
1 mins
June 20, 2026
Mint Bangalore
Killing the game's rhythm
With hydration breaks, halftime interviews and advertising breaks, the 2026 World Cup is all about making money
2 mins
June 20, 2026
Mint Bangalore
Why Apple's war chest can't win the memory war
Apple can afford the memory chips that it needs. But the fact that it’s getting harder says something significant about the severity of the memory crunch—and how one of the world’s richest companies can still end up at a disadvantage.
3 mins
June 20, 2026
Mint Bangalore
Centre to deploy over 100 officers for VB-G RAM G
The Union government will deploy over 100 area officers to help states and Union territories transition to the Viksit Bharat-Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB-G RAM G), as the government’s new rural employment framework enters its final rollout phase ahead of a 1 July launch.
1 mins
June 20, 2026
Mint Bangalore
Silicon Valley, sovereign funds and Ambani sit tight on their Jio stakes
Meta, Google, Saudi Arabia’s sovereign wealth fund and a clutch of global private equity investors will not sell shares in Jio Platforms Ltd’s planned initial public offering (IPO), as the company moves ahead with what could become India’s largest listing.
2 mins
June 20, 2026
Mint Bangalore
Biryani TOWN
The cantonment town of Barrackpore has become Bengal's hottest biryani destination. At the centre of this ecosystem sits Dada Boudi, the eatery that turned generous portions and robust flavours into a regional phenomenon, and spawned a host of competitors
7 mins
June 20, 2026
Mint Bangalore
Sarita Handa THE TEXTILE DIVA
The founder of the eponymous luxury lifestyle label on how she built a global-first business, and why she doesn't believe in work-life balance
6 mins
June 20, 2026
Mint Bangalore
The geography of commerce
Akshay Chavan's ‘The Wealth Networks’ seamlessly weaves together archaeology, mythology and commerce
5 mins
June 20, 2026
Listen
Translate
Change font size