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...
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 ...
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 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...
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 ...
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...
The World Series of Poker Circuit (WSOPC) Choctaw Main Event has finally concluded after crowning 21-year-old Harvey Castro as the ultimate champion. The young player walks home with the WSOPC Choctaw Main Event title, the championship ring, and $275,000. Castro beat Chris Staats in the...
PokerBaazi is here with another spectacular poker series this August. The leading Indian online poker brand is hosting the much anticipated Indian Poker Masters series, which boasts of a humongous ₹28 Crore GTD. PokerBaazi’s Indian Poker Masters begins on 1st August 2023 and will...
HiScore Poker has brought the thrill and action of the world-famous Formula 1 (F1) race to its virtual felts this August. Yes, we’re talking about F1’s Grand Prix Championship. Thus now players can experience the adventure of the Grand Prix Championship while grinding on the...
As online poker players, we all know rake can be burdensome. Especially if you are a regular player who plays multiple games or you play on high stakes online. Pocket52 understands that these are the most crucial players and hence is offering a flat 70% rakeback at its recent AfterDark ...
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