The Enforcement Directorate (ED) has alleged that Bengaluru-based real money gaming platform Gameskraft used bots and manipulated gaming mechanisms that resulted in user losses exceeding ₹1,154 crore, according to an official statement issued on Wednesday.
The agency said it conducted search and seizure operations between May 7 and May 13 across company offices and premises linked to directors and senior employees in Bengaluru and the NCR region.
During the operation, the ED said it froze and seized movable assets worth approximately ₹526.49 crore, including bank balances, mutual funds, fixed deposits, and bonds.
Additionally, jewellery valued at around ₹3.5 crore and cash amounting to ₹11 lakh were also seized.
The latest action follows the recent arrest of Gameskraft co-founders Deepak Singh, Prithvi Raj Singh, and Vikas Taneja under the Prevention of Money Laundering Act (PMLA).
According to the ED, the investigation is based on multiple FIRs registered across various states alleging cheating, unlawful gains, and financial irregularities linked to the company’s real money gaming operations.
The agency alleged that Gameskraft operated online gaming platforms under brands including:
- RummyCulture
- RummyPrime
- Playship
- RummyTime
- RummyCorner
The ED further claimed that the company continued operating in states where online real money gaming is restricted or prohibited by allegedly tampering with users’ geolocation data.
According to the agency, users were initially allowed to win and withdraw smaller amounts to build confidence before being matched against automated BOT accounts during higher stakes gameplay.
“The genuine users were lost to BOT user IDs,” the ED stated, alleging that automated accounts were strategically deployed once users increased their betting amounts.
The agency also alleged that proceeds generated through the operations were routed into overseas entities, dividend distributions, mutual funds, bonds, and other movable and immovable assets.
The investigation remains ongoing.
The case adds to the growing regulatory and enforcement scrutiny surrounding India’s online gaming industry, which has increasingly come under the scanner over issues related to taxation, money laundering, betting regulations, and user protection.
Over the past two years, several gaming and betting platforms have faced investigations involving alleged violations under GST, FEMA, and anti-money laundering laws.