RMG Ban: Gameskraft’s Layoff Count Climbs To 400
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Gameskraft lays off over 400 employees amid regulatory crackdown
Online gaming firm Gameskraft Technologies has laid off more than 400 employees — over half its 600-member workforce — in one of the largest downsizing moves in India’s real money gaming sector. The decision follows a combination of regulatory pressure and internal financial turmoil linked to an alleged multi-crore fraud involving the company’s former chief financial officer. The Bengaluru-based startup, once among India’s fastest-growing online…
RMG Ban: Gameskraft’s Layoff Count Climbs To 400
Gaming startup Gameskraft continues to reel under the impact of the ban on real money gaming (RMG) in the country. The startup’s layoff toll, after it fired 120 employees in September following the ban, has now crossed 400. “As part of the organisational restructuring undertaken approximately 400+ employees across teams and functions were impacted after careful deliberation,” Gamkeskraft said in a statement. The startup said that the additional…
Gameskraft Lays Off 400 Employees Amid Restructuring
As part of an administrative restructuring across many teams and tasks, real-money gambling startup Gameskraft laid off almost 400 people, up from about 120 previously, the company told Moneycontrol. These layoffs occur as the Bengaluru-based business struggles to deal with the effects of the government's recent online gaming law, which outlawed real-money games completely.Following the Promotion and Regulation of Online Gaming Act, 2025, which …
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