Indiatech.org, an industry body representing tech start-ups has prescribed to the GoM (board of State ministers) established by the GST committee that GST ought to just be applied on the platform fee charged by online skill-based games and not concerning the all-out prize pool money.
In real-money games, players need ... Read More
14
Sep2021
13
Sep2021
As Karnataka inches towards prohibiting online gambling and betting, industry groups addressing gaming start-ups are hopeful that the State Bill will make the differentiation between the game of skills and game of chance, passing by the meaning of the online game shared by Law and Parliamentary Affairs Minister, JC Madhuswamy. ... Read More
09
Sep2021
There has been a surprising growth in the gaming sector over the most recent couple of years and the pandemic became the cherry on the cake. Prior reports had recommended a heavenly growth that suggested the industry will be worth $2.8 billion by 2022, an increment of multiple folds in ... Read More
08
Sep2021
1. Introduction
The Madras High Court ("HC") recently suppressed those amendments to the Tamil Nadu Gaming Act, 1930 ("TN Act") which had forced a sweeping boycott in the State of Tamil Nadu ("State") on all games (counting online games) played for stakes. The boycott was forced recently by bringing already exempted ... Read More
02
Sep2021
As the oldest online skill gaming industry body, the All India Gaming Federation (AIGF) has been at the front line of ensuring global best practices for its stakeholder through self-regulation under its 'Skill Games Charter' that cover all parts of the online gaming business. To build up its self-regulation measure, ... Read More
01
Sep2021
Recently Netflix had announced its expectations to go into the gaming market by offering in-house video games to its subscribers at no extra expense. During its Q2 2021 profit report, Netflix expressed that they are in "beginning phases" and view "gaming as another new content category for us, as our ... Read More
01
Sep2021
EWar Games has launched the 'Online Ludo' competition named 'EWar Presents Ludo ki Jung'. The competition, which will be held over a time of 2 sequential days – on fourth and fifth September 2021 – is said to have participation from more than 25,000 Ludo players all over India, and ... Read More
01
Sep2021
Last year, India rose as the World's second-biggest Cryptocurrency Market by adoption. With the means to revolutionize the entire experience, Rainmaker, the world's first fantasy Crypto game was launched, to offer India's crypto enthusiasts unique and remarkable trading and exchange experience.
Rainmaker depends on the central vision of democratizing information for ... Read More
31
Aug2021
The online gaming industry has had a huge surge triggered by the Covid pandemic. Information from privately owned business data tracker Venture Intelligence showed that this funneled a large number of dollars into Indian gaming startups and set very high investment standards for the world!
Venture capital funds have put ... Read More
31
Aug2021
The Indian gaming community is at long last getting their second in the Sun. As we prepare ourselves for the third wave, individuals are proceeding to remain inside. The two amateurs and pros are normally sharpening their online gaming skills. Today, gamers need platforms that can furnish them with competitive ... Read More