On 21 August 2023, the Madras High Court resumed the hearing in the matter of the challenge against the online gaming ban. The senior counsel of AIGF, Aryama Sundaram, made rejoinder submissions. He argued that the concerns of the state government regarding regulating the time and place of operation of ... Read More
22
Aug2023
28
Apr2023
In a change of stance, the Centre has decided to pitch for differential taxation of online gaming, with “games of chance” to suffer a higher incidence of goods and service tax (GST) compared with “games of skill”.
According to an official source, all online games should not be considered games of ... Read More
28
Apr2023
As expected, the All India Gaming Federation, along with several gaming operators, namely, Gameskraft, Games24x7, and Head Digital Works, filed writ petitions challenging the Tamil Nadu Prohibition of Online Gambling & Regulation of Online Games Bill 2022 in the Madras High Court on April 26, just five days after the ... Read More
13
Apr2023
When Tamil Nadu State Governor RN Ravi sanction the online gaming ban bill, the gaming industry body, All India Gaming Federation (AIGF) reported that they will challenge the legitimacy of the law.
AIGF CEO, Roland Landers, proceeded to say that skill games like online rummy ban random number generation to make ... Read More
11
Apr2023
The Ministry of Electronics and Information Technology (MeitY) on April 6, informed the amendments to the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021, for online gaming.
Recently, Finance Minister Nirmala Sitharaman stated that gamers will pay a 30% tax on their yearly rewards. This comes after challenges ... Read More
24
Mar2023
Ashneer Grover, Co-Founder and ousted CEO of fintech startup BharatPe, announced his new venture CrickPe, a fantasy cricket platform via Twitter.
This news comes a year after Madhuri Jain, his wife, and he started their firm Third Unicorn, situated in Delhi. The name 'Third Unicorn' came after Ashneer Grover helped ... Read More
30
Jan2023
The growth of the Indian economy has continued to be healthy despite a slowdown in the global economy. This is largely attributable to India's resilient technology industry, which is well on its way to becoming a digital economy worth a trillion dollars. Health tech, fintech, ed-tech, and agri-tech are just ... Read More
18
Jan2023
On January 17, the government extended the deadline for receiving stakeholder recommendations on the proposed gaming rules until January 25 and stated that the new rules would be ready by January 31.
The Ministry of Electronics and IT (MEITY) has fixed January 17 as the last date for public comments on ... Read More
27
Dec2022
Should India support, by policy, games in which chance assumes a significant part? The law sees pay-to-earn with a beady eye, and how relevant that is, is itself up in the air.
The extent of pay-to-earn that goes on, corresponding to cricket matches or electoral results, not to talk about the ... Read More
07
Dec2022
According to a government document and three sources, India’s proposed regulation of online pay-to-win would cover all pay-to-play games after the PM's office overruled a proposal to just regulate games of skill and leave out games of chance.
In India, all pay-to-play games will be regulated.
The most anticipated regulations are expected ... Read More