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	<title>real money games Archives -</title>
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		<title>&#8216;Decision is being taken with a heavy heart &#8230;&#8217; Another gaming sector&#8217;s victim of retrenchment, 120 people fired from work</title>
		<link>https://fastnewsglobe.com/decision-is-being-taken-with-a-heavy-heart-another-gaming-sectors-victim-of-retrenchment-120-people-fired-from-work/</link>
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		<pubDate>Thu, 18 Sep 2025 13:22:56 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Gamecraft]]></category>
		<category><![CDATA[Gameskraft]]></category>
		<category><![CDATA[Layoffs in Gameskraft]]></category>
		<category><![CDATA[Layoffs in Gaming Sector]]></category>
		<category><![CDATA[Online Gaming Bill]]></category>
		<category><![CDATA[real money games]]></category>
		<category><![CDATA[Rummy circle]]></category>
		<category><![CDATA[Sorting in Gamescraft]]></category>
		<guid isPermaLink="false">https://fastnewsglobe.com/decision-is-being-taken-with-a-heavy-heart-another-gaming-sectors-victim-of-retrenchment-120-people-fired-from-work/</guid>

					<description><![CDATA[<p>Layoffs in Gameskraft: Gameskraft, the operator company of Rummy Culture, has trimmed 120 employees. The...</p>
<p>The post <a href="https://fastnewsglobe.com/decision-is-being-taken-with-a-heavy-heart-another-gaming-sectors-victim-of-retrenchment-120-people-fired-from-work/">&#8216;Decision is being taken with a heavy heart &#8230;&#8217; Another gaming sector&#8217;s victim of retrenchment, 120 people fired from work</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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<p style="text-align: justify;"><strong>Layoffs in Gameskraft: </strong>Gameskraft, the operator company of Rummy Culture, has trimmed 120 employees. The company took this decision after the government&#8217;s ban on real money games like Rami, Poker, Ludo and Fantari Sports in India. According to TracxN&#8217;s data, 120 people from their team of about 448 employees in this company of Bengaluru will now be taken out of work. The company has said that due to the new law brought by the government, their core business has stopped, in such a situation, it is a part of rebelting the trimming management. Together, the company also indicated that due to changing business decisions, more jobs could be cut. </p>
<h3 style="text-align: justify;">The company&#8217;s sadness of the workers getting out</h3>
<p style="text-align: justify;">The company issued a statement saying, &#8220;After much deliberation, we are fired about 120 crafters (employees) from different teams and functions. We are taking this decision with a very heavy heart. The kind of atmosphere outside the company is molding in that manner, so further structural changes may be required. The company also said that for all the people who are being fired, health insurance facilities will be in effect till March 2026. The employees who had opted for the coverage of the dependent parents, will also have the same continuity. </p>
<h3 style="text-align: justify;">Gaming sector is constantly taking out people</h3>
<p style="text-align: justify;">&#8220;Although the step is inspired by the need to be completely external atmosphere and new reality, the founder and (CEO) of Gamescraft, Prithvi Singh said, but it does not somehow reflect his talent or dedication. Our respect for our people is unchanged and we will try our best to support them in their next stage.&#8221; With this, this company has joined the list of other companies, who have trimmed employees after banning real money gaming. </p>
<p style="text-align: justify;">
<p style="text-align: justify;"><strong>Also read: </strong></p>
<p style="text-align: justify;"><strong>Will your home dream never come true? Price of houses reaching crores, salary of millions is also less </strong></p>
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<p><a href="https://www.abplive.com/business/bengaluru-based-company-gameskraft-has-now-announced-the-layoff-of-120-employees-after-the-law-on-real-money-games-was-enacted-3014875" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/decision-is-being-taken-with-a-heavy-heart-another-gaming-sectors-victim-of-retrenchment-120-people-fired-from-work/">&#8216;Decision is being taken with a heavy heart &#8230;&#8217; Another gaming sector&#8217;s victim of retrenchment, 120 people fired from work</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">83376</post-id>	</item>
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		<title>Online gaming bill fell on Dream 11, company preparing to cover business!</title>
		<link>https://fastnewsglobe.com/online-gaming-bill-fell-on-dream-11-company-preparing-to-cover-business/</link>
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		<dc:creator><![CDATA[Admin]]></dc:creator>
		<pubDate>Fri, 22 Aug 2025 01:37:08 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Dream 11]]></category>
		<category><![CDATA[Online Gaming Bill]]></category>
		<category><![CDATA[Online Gaming Bill 2025]]></category>
		<category><![CDATA[real money games]]></category>
		<guid isPermaLink="false">https://fastnewsglobe.com/online-gaming-bill-fell-on-dream-11-company-preparing-to-cover-business/</guid>

					<description><![CDATA[<p>Dream 11: The online gaming bill was also passed in Rajya Sabha yesterday after Lok...</p>
<p>The post <a href="https://fastnewsglobe.com/online-gaming-bill-fell-on-dream-11-company-preparing-to-cover-business/">Online gaming bill fell on Dream 11, company preparing to cover business!</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
]]></description>
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<p style="text-align: justify;"><strong>Dream 11: </strong>The online gaming bill was also passed in Rajya Sabha yesterday after Lok Sabha. E-sports will be promoted in this, but real money games will be banned. The impact of this bill will be seen on the country&#8217;s $ 3.8 billion gaming industry. Now according to the information received from the sources, with the passing of this bill, the fantasy gaming company Dream 11 has started preparing to cover its business. According to sources, on August 20, the company had informed its employees to close their real money gaming operation through an internal town hall. </p>
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<p><strong>Also read: </strong></p>
<p class="abp-article-title"><strong>Will Dream11 and My11Circle play stop? These platforms are threatened by online gaming bill</strong></p>
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<p><a href="https://www.abplive.com/business/dream-11-is-preparing-to-close-its-real-money-gaming-operations-after-online-gaming-bill-was-passed-2999474" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/online-gaming-bill-fell-on-dream-11-company-preparing-to-cover-business/">Online gaming bill fell on Dream 11, company preparing to cover business!</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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