PoliticsHindustan Times

ED attaches ₹1,906-Cr assets of Gameskraft in real-money gaming case

in5points
  1. ED attached assets worth ₹1,906 crore of Gameskraft Technologies Private Limited and its associated entities.

  2. Assets include bank balances, fixed deposits, mutual funds, convertible notes, equity shares, a farmhouse, and multiple properties.

  3. Two firms, Gameskraft Technologies and RummyTime Technologies, were named in the money-laundering probe.

  4. The firms operated real-money gaming apps RummyCulture, RummyPrime, Playship, and RummyTime with about 30 million users.

  5. ED alleged the companies deployed BOTs against users and charged platform commission of 10% to 15% on wagering amounts.

ED attaches ₹1,906-Cr assets of Gameskraft in real-money gaming case · in5points