The National Company Law Tribunal (NCLT) has admitted an insolvency plea against Sporta Technologies, the operator of the fantasy gaming firm Dream11, over a rent default totaling more than Rs 7.6 crore.
40,000Cr to Dream11 20000Cr to GamesKraft 16,000Cr to Deltacorp
This will be a major blow to the online betting industry. All the top companies have taken a major hit. Will be interesting to see how they recover from it. Deltacorp s...
Should Target Astrology startups as well those are just as dumb-predatory-addicive as online gambling
Dream11, Crikpe and all others
Online gaming startups are among those rare breeds which were profitable . With this move, even they will be forced to do layoffs..