Gaming industry badly hit as demonetisation paralyses business, move may benefit legitimate operators in the long run

demonitisation

Prime Minister Narendra Modi’s sudden and drastic announcement demonetising (except for emergency services) all 500 & 1000 rupee notes , i.e. around 85% of the currency in circulation, from 9th November onwards, created chaos and panic amongst traders, business houses and most citizens.  However, cash-intensive sectors like real estate, hospitality, luxury goods …

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Pokerbaazi launches new live poker room in Bengaluru

pokerbaazi-live

Online poker website Pokerbaazi has announced the acquisition of Phoenix poker room  in Bengaluru and rebranded it ‘PokerBaazi LIVE’. Pokerbaazi in its press release noted as follows: PokerBaazi is one of the most popular online poker platforms in India and with good reason, the most trusted one. Founded in October 2014, …

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