Tech
Gameskraft lays off 120 employees post real-money gaming ban
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Online gaming firm Gameskraft on Thursday said it is laying off 120 employees as it navigates new regulatory landscape post the passage of the Online Gaming Bill, 2025.
The implications of this legislation are complex, far-reaching, and have had an immediate and profound impact on the sector and Gameskraft, the company said in a statement.
“The current regulatory landscape has made us completely stop our business and has left us with no choice but to initiate a company-wide restructuring.
“After careful deliberation, as part of this restructuring, we…
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