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Many domestic and international investments are coming into this gaming industry of the nation by way of the palms of native entrepreneurs. The Swedish-based multinational giant 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 big milestone for the cell video games business in Bangladesh.
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Three firearms, together with an unauthorised one together with bullets, and contraband Yaba drugs have been also recovered from his possession. Article 18 of the Constitution of Bangladesh says, “The State shall undertake efficient measures to stop prostitution and gambling.”Therefore, gambling is a unlawful act however not business. Besides, Sections three, four, 13 of the Public Gambling Act, 1867, outline playing as a felony and punishable offence. According to media reviews, there are 60 illegal Casinos in the capital. Police raided some the golf equipment and attested some persons concerned in these unlawful operation of Casinos.
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Even although the Bangladesh gambling law has gone by way of certain adjustments throughout the years, all on-line playing activities in the country, except for horse racing, are still illegal. No playing ventures ought to be established on the territory of the nation. If such against the law is committed, the proprietor of the venture in question shall be fined 200 Taka and might be sent to prison for up to three months. A similar penalty will receive all gamblers involved in illegal gambling exercise.
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