India's online gaming industry saw record interest in the initial nine months of 2021, at the beginning of flooding the popularity of mobile games during the pandemic, as per another report. Gaming startups packed away around $911 million from venture capital (VC) firms and private equity (PE) players for the initial ... Read More

A hybrid of games of skill and games of chance could be the key to a uniform tax rate for India's early online gaming industry. According to a tax point of view: skill-based games versus games of chance: In May, a 7-members group of ministers (GoM) was met by the GST ... Read More

Introduction As of late the Hon'ble Supreme court supported the decisions given by the Punjab and Haryana high court, Rajasthan high court and Bombay high court on account of a fantasy gaming application and stepped its viewpoint depicting it as a "game of skill" and not a "game of chance". In ... Read More

The law applies to all. That was the conviction made by Karnataka Home Minister Araga Jnanendra, in his notice that all online betting operators—local players and surprisingly foreign organizations—won't be saved in the state's crackdown on the sector. Nobody is saved in Karnataka, even foreign organizations It tends to be reviewed ... Read More

The absence of a central guideline for India's flourishing online gaming industry is torn on the players, however gaming operators too. To begin with, online gaming should be obviously characterized In a new board conversation, All India Gaming Federation CEO Roland Landers, Nazara Technologies CEO Manish Agarwal, Penta Esports founder Anurag Khurana, ... Read More

India is at present one of the quickest emerging nations on the planet, with a GDP of near $3 trillion, up from a little more than 400 billion in 2000. Inside the country, one of the quickest developing industries is the gaming sector, which has seen tremendous development in the ... Read More

Late years have seen tremendous development in India's online gaming industry. A lot of interest has been created among youngsters in fantasy sports and esports, among different types of online gaming. Dominating these matches can prompt financial prizes, which is one of the elements that make these games engaging. Various ... Read More

The Karnataka government on Tuesday submitted before the High Court that wagering on the result of a game regardless of whether of chance or skill, adds up to 'betting' since such result isn't known. "Betting or wagering, to place it in basic words is assortment or soliciting bet from somebody or ... Read More

Restricting the plea of firms, related with the online gaming industry, for staying the enforcement of another law prohibiting online games including betting or wagering, the State Government on Tuesday told the High Court of Karnataka that the petitioners have neglected to show cause to challenge the legitimacy of the ... Read More