Online gaming company Gameskraft Technology Pvt. Ltd. was issued an intimation notice in which the company was asked to cough up a tax worth ₹20,989 Crore for the period between August 2017 to June 2022. The gaming brand was taken a back by the notice and quickly approached the Karnatak...
In latest news reports, the Tamil Nadu cabinet has approved an ordinance banning online games in the state. As per media reports, a cabinet headed by Chief Minister MK Stalin approved an ordinance banning online gaming in the state on Monday. According to news reports, the ordinance wil...
An intimation notice dated 9th September 2022 has been issued to Bengaluru-based online gaming firm Gameskraft Technology Pvt Ltd. The notice raises a tax demand of ₹20,989 Crore for the period between August 2017 to June 2022. The GST department stated that Gameskraft’s business activi...
Union Information and Broadcasting ministry’s recent advisory to print, electronic and digital media to refrain from advertising online betting and gambling platforms has created a flutter in the industry and we hope that the advisory will not impact all online gaming platforms, especia...
The Indian online gaming industry is at the cusp of transformation, looking at a growth trajectory of over $3.9 billion in 2025 according to KPMG. During the unprecedented time of the pandemic, the online gaming sector was one of the fastest-growing industries as the sector attracted si...
On 17th September 2021 Karnataka state government tabled a bill in its legislative assembly. The bill seeks a ban on all forms of online gaming, wagering, betting and iGaming except lottery and horse racing. This bill enables the Karnataka state government to make iGaming of all kinds a...
As per a report by publication, Daily Manab Zamin, access to popular games like PlayersUnknown’s Battlegrounds (PUBG Mobile) Mobile and Free Fire will be restricted to the gamers in Bangladesh. Previously, PUBG was temporarily banned in the country but later the ban was lifted. Free Fir...
The Royal Western India Turf Club (RWITC) which conducts horse races in Mumbai and Pune has now started taking online bets on horse races on Paytm First Games. After remaining shut for eight months due to the pandemic, the RWITC resumed horse-racing on 27 November. Since 10 January, peo...
MGM Resorts International offers $11.1 billion (£8.1 billion) to buy Entain, the owner of the British gambling company Ladbrokes. This move makes MGM Resorts International the most recent US casino operator to put a sizeable stake on the online betting industry which has been growing tr...
Online Poker News India Catch all the latest news updates in poker on Gutshot Magazine Gutshot Magazine provides the latest news from the real money gaming arena. The brand offers the latest news updates when it comes to poker, rummy, esports, fantasy sports, online gaming and ga...
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