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GST Uncertainty Forces Delta Corp To Keep IPO Plans On Hold  Gaming

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...

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

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...

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

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...

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

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 ...

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Dazzle Your August With This Latest Offer Poker

02 Aug, 2023 Dazzle Your August With This Latest Offer

Spartan Poker and PokerHigh, two of India’s leading poker brands, both part of the Quadnet Network have come up with an amazing offer which is all set to entice all the poker enthusiasts in the country. Poker players can boost their online poker journey with the latest offering called M...

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PokerMatch Rebrands To Pokerbet: Presents Jaw Dropping Offers Poker

02 Aug, 2023 PokerMatch Rebrands To Pokerbet: Presents Jaw Dropping Offers

Poker has grown tremendously over recent years in the country. Earlier played as a recreational activity, we have seen a lot of players look to grind online, turn professionals and make a career out of it by playing in tournaments and series. Players have shown great enthusiasm and take...

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2023 WSOP ME Finalist Dean Hutchison Claims Goliath High Roller Poker

02 Aug, 2023 2023 WSOP ME Finalist Dean Hutchison Claims Goliath High Roller

Dean Hutchison shined brightly at the recently concluded World Series of Poker (WSOP) 2023, having made it to the final table of the WSOP 2023 Main Event. After a memorable outing at the biggest poker series on the planet, Hutchison went on to win the Goliath High Roller Title. Hutchiso...

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

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...

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