Web 3.0 is predicted to increase the number of Indian gamers. The gaming industry has been transformed by Web 3.0 technologies. As society increasingly goes online, the gaming industry is growing. Because of the introduction of Web 3.0, the gaming industry is undergoing major change. With the arrival of decentralisation ... Read More
12
May2023
02
May2023
The Indian government has notified the amendments to the Information Technology (Intermediary Guidelines and Digital Media Ethics Code), Rules, 2021 in order to provide, inter alia, a comprehensive regulatory framework for "Gaming Rules" for the online gaming industry. While the majority of the provisions of the final framework are in ... Read More
28
Apr2023
In a landmark judgment on NFT and Web 3, Hon'ble Justice Amit Bansal of the Delhi High Court dismissed a plea by Rario against Web 3 fantasy platform Striker and digital gaming platform Mobile Premier League (MPL), to prevent Striker from using public information available on cricket players.
The Delhi High ... Read More
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
27
Apr2023
All India Gaming Federation (AIGF), a skill gaming industry body along with pay-to-play gaming firms Gameskraft, Games24x7, and Head Digital Works moved to the Madras High Court, challenging the constitutionality of the Tamil Nadu government's online gambling law that became effective on April 21, Moneycontrol has learnt.
AIGF in a writ ... Read More
14
Apr2023
Online gaming is enjoyed by millions of adults from all walks of life and nationalities, and there are unquestionably a lot of options available. To say the gaming industry is doing well would be the ultimate understatement. By 2028, video games are projected to become a $400+ billion market.
There’s ... Read More
30
Mar2023
In the world of video gaming, violence, and guns are no longer the only options. Women are also taking to gaming as a form of relaxation, a means of social connection, and even as a profession because it attracts people of all ages and genders. Women account for as many ... Read More
27
Mar2023
Due to various obstacles and challenges, the gaming industry lost 176 million users last year, and online games played a role in this decline. Even though there were 27.5 million fewer online gamers in 2022, the market as a whole is expected to recover this year and see impressive user ... Read More
23
Mar2023
The Goods and Services Tax (GST) Council will probably hold its next meeting in June when the long forthcoming issue of taxation of online gaming will be taken up.
While no particular date has been chosen at this point, official sources showed that June is the most probable time for holding ... Read More