Casino Pride Group Owner
Goa-based Casino Pride Group has bought a 30% stake in OceanKing Software Solutions LLP, the Mumbai-based company that owns and operates online gaming startup Baadshah Gaming, for an undisclosed amount.
Casino Pride Group Owners
“The strategic partnership is aimed at boosting the gaming portal’s agenda of venturing into the ‘click and mortar’ business model,” Baadshah Gaming said in a statement.
As part of the deal, the startup will launch its ‘Baadshah Gaming Live’ property at Casino Pride.
Casino Pride Group Owner Portal
The Casino Pride Group, operators of a casino in the Indian state of Goa, has acquired an Illinois riverboat, the Argosy IV, as a temporal platform as they repair other floating casinos. A report by Times of India indicated the group has purchased the riverboat, which was earlier this year put on sale for $8.5 million by owners. Native American gaming comprises casinos, bingo halls, and other gambling operations on Indian reservations or other tribal land in the United States. Because these areas have tribal sovereignty, states have limited ability to forbid gambling there, as codified by the Indian Gaming Regulatory Act of 1988. Casino Pride Group New Year Bumper Draw EventDraw was on 4th Feb 2012. Winning Coupon Number was E 8411. The incredibly exciting Casino Pride from the Pride Group is any gamers’ delight. A breathtaking 30,000 sq. Ft.vessel hovering on the waters of the Mandovi River with delicately adorned gold embellishment across the ceiling giving its guests a great ambiance to enjoy a thrilling and exciting gaming night making it one of the best casinos in Goa.
TOI, in its edition dated January 28, 2014, had published that the Ashok Khetrapal-led Pride Group was set to buy the Casino Carnival from V M Salgaocar & Bro Pvt Ltd for a sum close to 82 crore. When contacted, Pride Group officials had denied the takeover. Facebook Twitter Linkedin EMail.
The partnership gives Casino Pride access to the startup’s live gaming operations, said Madhav Gupta, co-founder and partner at Baadshah Gaming.
Baadshah Gaming, which went live in May, is a portal that offers poker, fantasy league and rummy under one roof. The league ranges in size from three to 10,000 players with buy-ins starting as low as Rs 15 and going up to Rs 10,000. Users can play these games both on desktops as well as handheld devices via web browsers.
This is not the first offline-to-online bet in the gaming segment. Last year, Pune-based hospitality firm Delta Corp Ltd acquired Gaussian Networks Pvt Ltd, which operates online poker site adda52.com, in a cash-and-stock deal that valued the three-year-old startup around Rs 182 crore ($27 million).
A slew of digital gaming firms have raised venture capital money over the past few months. Most recently, Bangalore-based mobile gaming startup Mech Mocha Game Studios Pvt. Ltd raised $5 million (Rs 32 crore) in its Series A round led by venture capital firms Accel Partners and China’s Shunwei Capital.
Hyderabad-based game development company Head InfoTech India Pvt Ltd, which operates online gaming firm Ace2Three, raised $73.7 million from investors led by Canadian private equity firm Clairvest Group in April.
Earlier this year, Udupi-based gaming startup 99Games Online Pvt. Ltd raised an undisclosed amount in funding from Japanese investment firm Dream Incubator. Existing investors Ascent Capital and Kalaari Capital also participated in the round.
Casino Pride Group Owner Relations
