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Striker allows users to collect digital player trading cards and make fantasy cricket teams to compete in contests and win cash prizes. Users can also trade player cards to earn money from Striker's marketplace.
Smaller firms are eager to stay independent in the near term, although acquisitions are seen by most as “inevitable” in 2024
WinZO will enable over 100 developers to offer their mobile games to users in the Brazil market. This launch comes after India implemented 28% GST on real-money gaming sector.
Karnataka is expected to generate around Rs 1,500 crore, state Commissioner for Commercial Taxes C Shikha said. The move comes ahead of the Union government's planned implementation of the tax regime from October
The forthcoming 28 percent GST tax regime, combined with potential retrospective taxation dues, will make the overall operations unfeasible, likely leading many companies to wind down their businesses, executives say.