ED attaches fresh Rs 1,906 cr worth assets of Gameskraft

Posted on July 24, 2026
By Business News Today
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In brief

India's Enforcement Directorate has seized assets valued at Rs 1,906 crore from Gameskraft in connection with an ongoing investigation into illegal gaming operations. The action targets the company's alleged involvement in promoting addictive online gambling platforms that generated substantial illicit proceeds. Through sophisticated financial mechanisms including dividends and share repurchases, these criminal earnings were systematically laundered. The cumulative asset attachment across related cases now exceeds Rs 2,401 crore, marking a significant enforcement victory against gaming-related financial crimes.

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ED attaches fresh Rs 1,906 cr worth assets of Gameskraft

The Enforcement Directorate attached assets worth Rs 1,906 crore belonging to Gameskraft. This action was taken due to allegations of operating an addictive online gaming environment. The company allegedly encouraged repeated wagering and generated significant proceeds of crime. These funds were then layered and integrated through dividends and share buy-backs. The total attachment in this case now stands at Rs 2,401 crore.