Gameskraft has announced that it has laid off 120 employees after the government’s Promotion and Regulation of Online Gaming Act, 2025, effectively banned real-money gaming in the country.
The company has said in a statement that the new regulatory landscape has compelled it to completely stop its business and restructure operations.
The layoffs have affected employees across teams and functions, with the company indicating that further changes may be required depending on how the sector evolves under the new law.
“This has been one of the most difficult decisions in Gameskraft’s journey. Every single Krafter has played a meaningful role in shaping who we are, and we are deeply grateful for their contributions, passion, and belief in our mission. It is with a heavy heart that we part ways with some of our colleagues. While this step is driven entirely by the external environment and the need to adapt to a new reality, it in no way reflects on their talent or dedication. Our respect for our people remains unchanged, and we will try our best to support them as they transition into their next chapters,” stated Prithvi Singh, Founder and CEO, Gameskraft, in a statement.
