ED attaches fresh ₹1,906 crore worth assets of Gameskraft
Gameskraft ex-CFO booked for cheating, forgery over misuse of over ₹270 croreIt claimed these companies earned by charging a platform commission ranging from 10-15 per cent on the staking/wagering amounts deposited by the users. The agency added that the firms deployed BOTs (automated progarmmes and algorithms) who played against the players who were unaware of this thing.It said the users were "lured" through bonuses, referral incentives, free tournament entries and promotional rewards to encourage continuous gameplay and increased deposits.
- ▪Gameskraft ex-CFO booked for cheating, forgery over misuse of over ₹270 croreIt claimed these companies earned by charging a platform commission ranging from 10-15 per cent on the staking/wagering amounts deposited by the users.
- ▪The agency added that the firms deployed BOTs (automated progarmmes and algorithms) who played against the players who were unaware of this thing.It said the users were "lured" through bonuses, referral incentives, free tournament entries a
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| Original publisher | The Hindu |
| Canonical URL | https://www.thehindu.com/news/national/ed-attaches-fresh-1906-crore-worth-assets-of-gameskraft/article71261978.ece |
| Publication time | Fri, 24 Jul 2026 16:37:49 +0530 |
| Retrieval time | 2026-07-24T11:12:38.442Z |
| Last seen | 2026-07-24T11:12:38.442Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
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| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | WUOXjFDN38Qm · 2 stories |
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| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
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| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
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| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
The Enforcement Directorate on Friday (July 24, 2026) said it has attached assets worth ₹1,906 crore of online gaming company Gameskraft as it alleged that the platform created an "addictive" gaming environment that encouraged "repeated wagering" for the players.The provisionally attached assets include bank and fixed deposits, mutual funds, convertible notes, equity shares, a farmhouse, and multiple residential and commercial immovable properties held in the names of the shareholders of Gameskraft's Technologies Pvt.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hindu.
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