Digital gaming company Games24X7 has started the process to lay off around 70 per cent or around 500 employees, following the government’s ban on all forms of money-based online games, sources aware of the development said.
An email query sent to the company elicited no reply.
“There were around 700 to 750 employees at Games24X7. The company is now laying off around 70 per cent of them. Around 500 people may be impacted,” a source aware of the development said.
The lay-off information was also confirmed by a company staff member who said “the majority of employees” are being laid off, but could not mention the exact number of people to be impacted.
Several companies that were engaged in the real-money gaming business have started laying off the majority of their staff.
The Promotion and Regulation of Online Gaming Act, 2025, passed by Parliament on August 21, bars all forms of online money games while promoting e-sports and other online games.
The Act seeks to prohibit advertise
​Digital gaming company Games24X7 has started the process to lay off around 70 per cent or around 500 employees, following the government’s ban on all forms of money-based online games, sources aware of the development said.
An email query sent to the company elicited no reply.
“There were around 700 to 750 employees at Games24X7. The company is now laying off around 70 per cent of them. Around 500 people may be impacted,” a source aware of the development said.
The lay-off information was also confirmed by a company staff member who said “the majority of employees” are being laid off, but could not mention the exact number of people to be impacted.
Several companies that were engaged in the real-money gaming business have started laying off the majority of their staff.
The Promotion and Regulation of Online Gaming Act, 2025, passed by Parliament on August 21, bars all forms of online money games while promoting e-sports and other online games.
The Act seeks to prohibit advertiseÂ
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