The gaming and esports sector has been booming for a while now, and it's not going to slow down anytime soon. Thanks to new tech and how we're consuming media, it's only going to get bigger and better over the next few years. India's gaming market is estimated to be ... Read More
23
May2023
23
May2023
Online gaming platforms are not allowed to deduct tax at source on withdrawals made by players, as long as the withdrawal amounts are less than Rs.100 per month and meet certain criteria, according to the Central Board of Direct Taxes (CBDT) said in a set of guidelines issued on Monday.
According ... Read More
22
May2023
India's gaming scene is catching the world by storm, and this digital revolution is unstoppable.
First and foremost, India's esports industry is exploding, with revenues predicted to reach $40 million in 2022 and $140 million by 2027. That's a staggering 32% CAGR, women gamers outnumber males by 11.2 hours per ... Read More
17
May2023
Nazara Technologies, a diversified gaming and esports company, has joined the AIGF (All India Gaming Federation) as a principal member in the skill gaming industry, showing the growing ambition of the company in the fast-growing pay-to-play space.
Nitish Mittersain, founder of Nazara Technologies, will join the executive committee of AIGF, while ... Read More
15
May2023
Vivson Games Pvt. Ltd., a leading online gaming company, was felicitated as the “Top Emerging Brand of Online Gaming” at the prestigious Global Excellence Awards 2023. The award recognizes the company’s efforts and contributions in the field of online gaming as well as its commitment to excellence and innovation. The ... Read More
15
May2023
The Karnataka High Court, on May 11 held that a game of skill, whether played with stakes or not, was not gambling.
The main question or issue that arose for consideration in a batch of petitions was whether offline or online games like Rummy, which were primarily, predominantly, or substantially based ... Read More
12
May2023
According to the latest report by MoEngage, in collaboration with AppsFlyer and AppsTweak, mobile gaming in India is expected to reach $8.6 billion by the end of 2027, owing to increased smartphone penetration, the availability of smartphones at a reasonable price, and the availability of more affordable data plans.
The paper, ... Read More
11
May2023
A gaming technology company, Witzeal Technologies, has achieved a milestone of 35 million registered users in the online gaming sector. This achievement is largely attributed to the brands' consistent commitment to offering new games and features to their audience every quarter. In the most recent fiscal year, the company launched ... Read More
11
May2023
The Poker Sports League (PSL) in India is back with its fifth edition and it looks like it's going to be bigger and better than the last few seasons. To make things even more exciting, the league announced that Pocket52 will be the title sponsor of the league.
The announcement was ... Read More
10
May2023
Zupee is a mobile online gaming platform that offers a variety of skill-based games that can be played and won. Players can participate in different games like Ludo, Snakes & Ladders, and Cricket Trump Cards, and win monetary prizes. Zupee also offers various rewards and bonuses to its users, such ... Read More