Game over for Rush in India? Hike founder Kavin Bharti Mittal looks westward as Modi 3.0 crushes 0 million dream

Game over for Rush in India? Hike founder Kavin Bharti Mittal looks westward as Modi 3.0 crushes $500 million dream

Kavin Bharti Mittal, founder of Hike’s casual real-money gaming (RMG) platform Rush, has announced that the company will exit India completely and focus fully on the United States and other global markets. Mittal shared the decision in a detailed post on August 21, citing regulatory uncertainty and better opportunities abroad. “Over the past few years,…

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Online gaming bill tabled in Lok Sabha after 3.5 years; real-money games face tight scrutiny

Online gaming bill tabled in Lok Sabha after 3.5 years; real-money games face tight scrutiny

Online Gaming Regulation Bill: After more than three years of consultations and drafting, the Indian government has tabled the Promotion and Regulation of Online Gaming Bill in the Lok Sabha on Wednesday. The legislation aims to bring clarity and structure to the fast-growing online gaming sector by categorising it into e-sports, social games, and real-money games…

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Online Gaming Bill: From money game definition to provisions for up to Rs 1 crore penalty or even jail—What to expect?

Online Gaming Bill: From money game definition to provisions for up to Rs 1 crore penalty or even jail—What to expect?

The Online Gaming Bill — aimed at streamlining rules for promoting online gaming platforms along with related penalties and punishments for non-compliance — saw the clearance of the Union Cabinet on Tuesday. All eyes are now on this much-awaited law that may not only define crucial aspects such as what will actually be considered online…

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