Betting is illegal in India. A few Indian states, for example, Odisha, Andhra Pradesh, and Telangana have restricted such games, referring to psychological wellness and habit-forming concerns. In others, for example, Kerala and Karnataka, courts have overturned state boycotts.
A group of petitions on the issue are forthcoming in the country's ... Read More
12
May2022
11
May2022
The Fitment Committee, which involves officials from different states, is going to meet this week to talk about the hike in GST on online gaming, race courses, and casinos.
"There was clear agreement in a meeting held by a group of ministers last week." "We are trusting that the board will ... Read More
10
May2022
As per reports, the Goods and Service Tax (GST) Council is probably going to consider imposing a 28% GST on cryptocurrencies and bitcoins at par with the lottery, casinos, race courses, and wagering.
CNBC-TV18 detailed that the GST Council has named a board to consider the proposition of imposing a 28% ... Read More
06
May2022
A day after the Group of Ministers (GoM) entrusted by the GST Council to inspect topics associated with the GST regime overlaying online gaming, casinos, and racecourses met, the online gaming industry has made a sturdy pitch to the public authorities in opposition to raising GST rates to defend the ... Read More
06
May2022
The Mobile Premier League (MPL), a gaming unicorn, has opened a studio to accelerate the development of AAA (high-profile) mobile games for domestic and international markets.
Mayhem Studios, a subsidiary of MPL, promises to build high-quality games using India's developer community. A team of experts in animation, art, cinematics, design, engineering, ... Read More
06
May2022
According to experts, adding non-fungible tokens (NFTs) to a funding portfolio can assist in reaching higher stability of risk and return. An NFT is a non-interchangeable unit of information saved on a blockchain, a form of a virtual ledger that may be bought or traded. It normally makes use of ... Read More
06
May2022
Spartan Poker declared the dates for its poker championships. The India Poker Championship (IPC) is making a beeline for Casino Vegas by Big Daddy, Nepal, and will be held from 17 to 22 May 2022. The 13th edition of the Indian Online Poker Championship (IOPC) will be held from 2 ... Read More
02
May2022
The online gaming industry in India has been thriving for a couple of years with the rise of startups and has seen a lot of positive economic effects. This emerging sector in India has picked up huge speed because of the 'Digital India' drive by the Prime Minister, which provides ... Read More
02
May2022
For the past few months, India has been setting records in one more market. It has emerged as the country with the biggest number of games downloaded each month all over the world.
As per Sensor Tower research, the No. 1 market for worldwide mobile game downloads was India, which gathered ... Read More
02
May2022
The central government of India is purportedly considering setting up an administrative body for controlling the "skill gaming" industry to stimulate investments and safeguard player interests. As per the Business Standard report, the requirement for guidelines comes subsequent to increasing incidents of tax evasion and addiction because of skill gaming; ... Read More