UPDATE 28% GST to be levied on online gaming, horse racing and casinos As per news reports, Finance Minister Nirmala Sitharaman stated that Group of Ministers (GoM) reached a consensus over levying 28% GST on full value of online gaming, horse racing and casinos. This will be applicable...
The All India Gaming Federation (AIGF), alongside many online gaming firms, had filed writ petitions with the Madras High Court (HC), which were heard by a division bench consisting of Chief Justice Sanjay V. Gangapurwala and Justice PD Audikesavalu. The above-mentioned writ petitions w...
A first-of-its-kind study on online gamers in India has revealed the growing trend of gaming emerging as a career option in India and not just being limited to a means of entertainment. Based on the study, 83% of the respondents consider gaming as either a primary or secondary source of...
IPO-bound Yudiz Solutions Ltd, a blockchain, AI, and gaming focussed enterprise technology company has received an NSE approval for an SME IPO. With this approval, the company is set to invest approx 80 Million INR to set up a gaming studio and a multi-gaming platform. The game studio w...
The Asian iGaming market is experiencing remarkable growth, fuelled by emerging trends like esports and 5G technology. With international providers offering translations in multiple languages, the iGaming world is shifting their attention towards Asian regions. While card games, especia...
Gameskraft Foundation, the social arm of the skill-based online gaming company Gameskraft and Inspire Institute of Sport (IIS), have announced their partnership to provide high-class training and access to facilities to identified young sports talents in India across various disciplines...
Mobile Premier League (MPL), the world’s leading mobile esports and digital gaming platform, has officially launched its app in Nigeria, marking its first foray into the African gaming market. With this move, MPL is now present on four continents: Asia, North America, Europe, and ...
As per the latest news reports, poker veteran Ramesh Rao Thotapalli’s Cards52.com received an undisclosed sum in funding. Cards52.com’s parent firm, Ayron Tech Private Limited recently received fresh inflow of funds from angel investors which led to the brand hitting $1 Million in valua...
On 6th April 2023, the Ministry of Electronics and Information Technology (MeiTy) brought a new law with a structured amendment which will be known as the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Amendment Rules, 2023. The new law defines online ga...
Top gaming CEOs expressed their concerns over the ‘extortionist’ 30% tax imposed by Google on gaming apps at a panel discussion held at Consilience 2023, organized by the Law and Technology Society (L-Tech) at the National Law School of India University (NLSIU) in partnershi...
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