PokerStars set for launch in India

[The Buzz]

The Stars Group has entered into a partnership with gaming conglomerate, Sugal & Damani, for its India-facing online poker website pokerstars.in.

According to GLaws.in, PokerStars will replace khelplay, an online poker website that was previously operated by Sugal & Damani’s parent company, Sachar Gaming Private Limited. Khelplay was scheduled to cease operations last week.

From the report:

Registrar of Companies (ROC) records indicate that both Sachar and Sachiko Gaming have the same directors, viz. Hardik Parekh and Keval Parekh. As per the Memorandum of Association (MoA) of Sachiko Gaming, the primary objective of the company is ‘doing business and marketing of online gaming platform and e-commerce trades with associates and direct customers’. Sachar Gaming, through its representative Hardik Parekh, owns 99% shares in Sachiko Gaming.

Sachar Gaming currently operates the rummy website khelplayrummy and until very recently used to operate a poker portal, khelplay. The company recently announced that it would be shutting down its khelplay poker operations by 15th March, presumably to facilitate PokerStars’ India entry. Known as a diversified conglomerate, Sugal & Damani has business interests in lotteries, hospitality, real estate, information technology and financial services. The Group has in news reports and presentations, claimed that it operates skill games websites under the brand ‘khelplay.’

A message on pokerstars.in website just states ‘coming soon’ without giving any details about the expected date of launch. Sources however inform that the website could start operations within the next few weeks.

Read more here: https://glaws.in/2018/03/15/pokersta...india-website/

[Malikbhai]

Sugal & Damani are stock brokers in India. Now they have gotten into gaming.

I wonder when interactive brokers will open up a casino. Either way good news because poker market needs to pick up in South Asia, where more than a billion people live.

With Indian incomes rising; this could be the next gold rush in a few years.

[TheGooner]

Oh no - can you imagine the spamming call centre phone calls now?
A cross between Windows Systems Errors and Poker recuritment ....

[vamarketing]

I think the marked in India must be very big and also the income is raising. But with a lot of tech people living there they must have big competitors? Also what other countries are big marked for PokerStars?