Gameskraft has laid off 120 employees after the Promotion and Regulation of Online Gaming Act, 2025 banned real-money gaming, forcing operational halts. CEO Prithvi Singh promised support with health benefits till March 2026. This comes amid Pocket52’s suspension, a ₹21,000 Cr GST demand, and allegations of ₹250 Cr embezzlement by ex-CFO Ramesh Prabhu. Platforms like RummyCulture, LudoCulture, Games24x7, and MPL are also hit, pivoting to new models.
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Gameskraft cuts 120 jobs due to the new online gaming regulations in India
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