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Ridwan Ahmed, compliance supervisor of Ulka Games, the country’s main cellular video games maker, said the market for cellular games in Bangladesh is growing day by day. Many home and overseas investments are coming into this gaming business of the nation by way of the arms of local entrepreneurs. The Swedish-based multinational big Stillfront Group just lately acquired Ulka Games, including the father or mother firm Moonfrog Labs for about USD 90 million in February 2021. This is a large milestone for the mobile video games trade in Bangladesh. Although we pay regular Tax & Vat, some dishonest firms are smuggling crores of taka abroad to get playing traps in video games. He added that in addition to protecting young folks and adolescents, it is essential to stop gambling in the name of video games and hold them accountable.
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Article 18 of the Constitution of Bangladesh says, « The State shall undertake effective measures to prevent prostitution and playing. »Therefore, gambling is a illegal act but not business. Besides, Sections three, 4, thirteen of the Public Gambling Act, 1867, outline playing as a legal and punishable offence. According to media reports, there are 60 unlawful Casinos in the capital.
The mobile phone applications had instructions in Bangla, the RAB official mentioned. We all know that horse racing cannot exist with out gambling. Many Islamic nations adore horse racing and call it “The Sport of Kings”. That is why the government of Bangladesh has decided to make an exception for horse racing bets.
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