ED Attaches Gameskraft Assets Worth ₹1,906 Cr Over ‘Addictive’ Gaming

By Business DeskED Attaches Gameskraft Assets Worth ₹1,906 Cr Over ‘Addictive’ Gaming

Enforcement Directorate attaches ₹1,906 crore of Gameskraft assets under PMLA, citing an ‘addictive’ gaming environment and ‘repeated wagering’, following India’s online gaming ban.

The Enforcement Directorate (ED) has provisionally attached assets worth Rs 1,906 crore belonging to online gaming firm Gameskraft. This significant action, executed under the Prevention of Money Laundering Act (PMLA) on July 22, 2026, targets assets allegedly linked to an “addictive” gaming environment.

Key Financial Details

  • Rs 1,906 crore: Value of assets provisionally attached by ED.
  • July 22, 2026: Date of the asset attachment under PMLA.
  • Rs 2,401 crore: Total value of assets attached, seized, and frozen in this case to date.
  • 3 crore: Approximate user base for Gameskraft and RummyTime Technologies.
  • 10-15 percent: Platform commission charged on user wagering amounts.
  • August 2025: Date online money gaming was banned in India.

Allegations of Addictive Wagering

The ED’s allegations center on Gameskraft creating an “addictive” online gaming environment. This setup reportedly encouraged players to engage in “repeated wagering” through various applications.

Key platforms implicated include RummyCulture, RummyPrime, Playship, and RummyTime. These platforms allegedly targeted approximately 3 crore players, primarily located in Telangana, Andhra Pradesh, and Tamil Nadu.

How the Gaming Mechanism Operated

Gameskraft and RummyTime Technologies operated Real Money Games (RMGs), generating revenue by taking a platform commission. This commission ranged from 10-15 percent on the staking or wagering amounts deposited by users.

The agency further asserts that the firms deployed BOTs, or automated programs, to play against unsuspecting players. Users were enticed through a range of incentives designed to promote continuous gameplay and increased deposits.

These incentives included bonuses, referral rewards, free tournament entries, and promotional offerings. The ED states these practices fostered the addictive environment, leading to substantial “proceeds of crime” from platform commissions.

Tracing Alleged Money Laundering

The proceeds generated from these commissions were then allegedly layered and integrated into the financial system. This was achieved through dividend payments and share buy-backs distributed to shareholders.

The attached assets are diverse, encompassing bank and fixed deposits, mutual funds, convertible notes, and equity shares. They also include a farmhouse and multiple residential and commercial immovable properties.

These holdings are registered in the names of Gameskraft’s Technologies Pvt. Ltd. shareholders, their family members, private family trusts, and associated entities.

Broader Regulatory Context

With this latest action, the cumulative value of assets attached, seized, and frozen in the ongoing investigation has reached Rs 2,401 crore. This enforcement comes after a significant policy shift.

Online money gaming was officially banned across India by the Union government in August 2025, providing a critical backdrop to the ED’s continued actions in this sector.

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