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Skill gaming startups caught in Karnataka’s online gambling ban

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Skill gaming startups caught in Karnataka’s online gambling ban

For industries such as “online gaming” and “cryptocurrency”, the word that best describes the current regulatory situation is “ambiguity.” Both industries are booming in India, but the government has its concerns about user safety. Recently, this dilemma has reappeared when Karnataka has notified a law prohibiting online gambling and gambling.

The law provides for a maximum sentence of three years’ imprisonment, or a fine of up to 100,000 rupees. This is the confusing part… Karnataka law stipulates that “games of chance” such as online casinos and betting sites should be prohibited. But in addition, it also stated that “games of skill” where players risk losing money should also be banned. Now, some Indian courts have previously called games such as poker, rummy paper and fantasy sports “games of skill” and considered them legal. The Supreme Court also supported Dream11’s online fantasy sports as a “game of skill.”

The ban has come into effect, and top gaming companies, such as Mobile Premier League, have begun to notify users in Karnataka that the laws of their state do not allow cash games. Nazara’s fantasy sports apps Halaplay, Paytm First Games, and online Rummy paper portals Ace2Three and RummyCulture have also stopped offering cash games to users in Karnataka. Dream11 did not suspend its cash game with everyone else, resulting in an FIR against the company. Dream11 claimed that the complaint was “motivated,” but it has now suspended its services in Karnataka.

A source close to the gaming company affected by the ban stated that the company is preventing Karnataka users from accessing their IP addresses and KYC information. The source added that the gaming company also has a VPN blocker to ensure that Karnataka users will not bypass the ban. Bangalore, the capital of Karnataka, has a complete online gaming ecosystem, and it is also the entrepreneurial center of India. According to media reports, the state has at least 91 Indian game companies and developers with approximately 4,000 employees. The industry supports the auxiliary AVGC ecosystem.

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AVGC stands for animation, visual effects, games and comics. By 2024-25, the scale of online games in India is estimated to more than double to 29,000 crore rupees. According to a KPMG report, during this period, the number of gamers will grow to 659 million. The Federation of Indian Fantasy Sports (FIFS), led by Dream11, stated that the law appeared to be “misguided” because it punishes legitimate businesses by treating them as illegal online gambling, gambling, and betting platforms.

News Source : Business Standard

Hollywood

Tom Holland to star alongside Matt Damon in Christopher Nolan’s next, will juggle that with Spider-Man 4 in 2025

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Tom Holland to star alongside Matt Damon in Christopher Nolan’s next, will juggle that with Spider-Man 4 in 2025

Tom Holland, last seen in Apple TV show The Crowded Room last year, has signed his next with Academy Award-winning filmmaker Christopher Nolan.

Tom Holland is going to have a very busy 2025. As per The Hollywood Reporter, the actor has signed Christopher Nolan’s next, which he will juggle the filming of with that of the long-awaited Spider-Man 4. (Also Read – Tom Holland shares why he left alcohol behind: ‘Struggling without booze…’)

Tom signs Nolan’s next

This will mark the first collaboration between Tom and Christopher. While details of his next directorial aren’t known yet, it’s most likely not to have a contemporary setting. It’ll be either set in the past like, his previous film Oppenheimer (2023), or in the future like Interstellar (2014). Matt Damon, who has worked with Christopher in both, has also come on board his next.

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Christopher’s next will be co-produced by him and his wife Emma Thomas’ banner Syncopy Inc and Universal Pictures, as the two production houses will team up after the Academy Award-winning blockbuster Oppenheimer last year. Prior to Oppenheimer, Christopher collaborated mostly with Warner Bros before having a fallout post the debacle of Tenet (2020).

Warner Bros then went on to produce Greta Gerwig’s musical satire Barbie, which clashed with Oppenheimer at the box office and even outperformed it globally. Warner Bros offered Christopher a cheque for the fees he waived off for helming Tenet during the pandemic. While Christopher graciously accepted the belated remuneration, he still went on to pitch his next to Warner Bros.

Tom’s busy schedule

Tom didn’t have any release this year. His last outing was Todd Graff’s psychological thriller show The Crowded Room on Apple TV last year. He’ll juggle the filming of Christopher Nolan’s next and Spider-Man 4 in 2025. Tom has been playing the superhero ever since Russo Brothers’ 2016 blockbuster Captain America: Civil War. He’s slipped into the Peter Parker shoes post that for three standalone films and two Avengers movies. Spider-Man 4 will be helmed by Shang-Chi and the Legend of the Ten Rings director Destin Daniel Cretton.

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As Tom’s girlfriend and co-star Zendaya will be busy filming Spider-Man 4 in 2025, she’ll reprise her role of Chani in Denis Villeneuve’s sci-fi spectacle Dune 3 only in 2026. Meanwhile, Tom is also likely to make an appearance as Spider-Man in Russo Brothers’ Avengers: Doomsday, which will go on floors in the spring of 2025.

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