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Author: Amarylisa Gonsalves

Ashish Ghosh Among The Top Stacks At APPT Mainla 2023 Main Event Day 1BC

04 Aug, 2023 Ashish Ghosh Among The Top Stacks At APPT Mainla 2023 Main Event Day 1BC

Indian-origin player Ashish Ghosh is currently grinding at the Asia Pacific Poker Tour (APPT) 2023 Manila Main Event. He is playing flight Day 1BC and is currently among the top stacks. The APPT Manila 2023 Main Event has a buy-in of PHP 65,000. So far, the event has generated a prize p...

WATCH: Jason Koon Gets Emotional As He Accepts Ivan Leow Player Of The Year Award

03 Aug, 2023 WATCH: Jason Koon Gets Emotional As He Accepts Ivan Leow Player Of The Year Award

Triton Poker King Jason Koon was awarded with the Ivan Leow Poker Player of the Year award in a formal award ceremony held yesterday at the ongoing Triton Poker Series London 2023. In his winning speech, he first thanked his wife, appreciating her for sticking by him when he was broke. ...

GST Uncertainty Forces Delta Corp To Keep IPO Plans On Hold 

03 Aug, 2023 Delta Corp Stock Prices Fall After FM’s 28% GST Decision

After the GST Council announced the 28% GST on the face value of deposits in online gaming yesterday, the stocks of Delta Corp tanked by 8% when the market opened this morning.  It recorded an opening price of ₹189 at 9.30 PM, after closing at ₹196.50 yesterday at 3.30 PM. Finance Minis...

28% GST On Online Gaming: What It Means For The Players?

03 Aug, 2023 28% GST On Online Gaming: What It Means For The Players?

The Goods and Service Tax (GST) Council sent waves of shock and unrest among the online gaming community after its 51st GST Council Meeting held on 2nd August 2023. The council upheld its previous decision to impose 28% GST on the face value of deposits made by a player. Previously, the...

Online Gaming Industry Reacts To The 28% GST On Online Gaming Decision

02 Aug, 2023 Online Gaming Industry Reacts To The 28% GST On Online Gaming Decision

The latest decision of the Goods and Service Tax (GST) to levy a 28% tax on the face value of deposits made in online gaming has left the industry disheartened. The new tax regulation will have a massive negative impact on the industry. To understand better what this tax really means, c...

GST Council: 28% GST To Be Levied On Face Value Of Initial Deposits

02 Aug, 2023 GST Council: 28% GST To Be Levied On Face Value Of Deposits

The 51st Goods and Service Tax (GST) Council meeting was held today, in which the council upheld that they would levy a 28% GST on the face value of the deposits made by players.  While clarifying the new amendment, the Finance Minister of India, Nirmala Sitharaman, said, “Valuation of ...

28% GST On Online Gaming Claims Its First Casualty In Quizy

02 Aug, 2023 28% GST On Online Gaming Claims Its First Casualty In Quizy

Last month the GST Council announced that it would levy a 28% GST on online gaming. Post that, there has been a lot of unrest in the online gaming community since the tax would mean that brands have to pay more than their revenues as taxes. And this decision has recorded its first casua...

Jason Koon Wins His 8th Triton Poker Title

02 Aug, 2023 Jason Koon Wins His 8th Triton Poker Title

Jason Koon has done it again. He created history once again by winning the eighth title of his career, which is also the highest by any player in the world. He took down the $60,000 No-Limit Hold’em 7-Handed event at the ongoing Triton Poker London 2023. He pocketed $1,570,000 for...

Santhosh Suvarna Takes The 8th Place At 2023 Triton Poker SHRS Cyprus 25K Turbo

01 Aug, 2023 Triton Poker London 2023: Santhosh Suvarna Takes The 12th Place At 60K NLK Event

India’s first and only Triton Poker champion Santhosh Suvarna has recorded another cash at the Triton Poker Series. He took the 12th place, just a few spots away from the final table of $60,000 No-Limit Hold’em 7-Handed event at the ongoing Triton Poker London 2023. He made it to ...

Ministry Of Information And Broadcasting To Regulate Online Gaming Services And Advertisements

01 Aug, 2023 Ministry Of Information And Broadcasting To Regulate Online Gaming Services And Advertisements

The Central government of India has issued an order that aims at bringing content providers such as online gaming services and online advertisements under the Ministry of Information and Broadcasting. President Draupadi Murmu issued a gazette notification stating that ‘films and A...

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