Recently, the Confederation of All India Traders (CAIT) formally appealed to the Indian government, urging a ban on opinion trading apps and websites.
Tag: Online Gaming
Creativeland Asia vs WinZO: RMG firm told to furnish a bank guarantee of Rs 50 lakhs
Storyboard18 had first reported the legal battle on March 5, titled “Creativeland Asia Takes WinZO to Court, Cries Foul Over Misuse of Creative Idea.”
Breaking: Madras HC refuses interim relief to RMG companies, sets final hearing for March 27
WinZO Games’ request to be impleaded in the case was rejected, but the company was granted the liberty to file a fresh writ petition if desired.
CAIT demands ban on opinion trading apps, says ‘Digital Satta’ a threat to democracy
The letter stated that prediction-based opinion trading platforms allow users to bet on election outcomes, thereby posing a threat to electoral democracy.
Breaking: SC 28% GST gaming case, Govt seeks adjournment
The case, with an estimated financial impact of ₹2.5 lakh crore, is one of the biggest tax battles in India’s history.
SC showdown: Top lawyers to face-off for 28% GST gaming case on March 18
The case, with an estimated financial impact of ₹2.5 lakh crore, is one of the biggest tax battles in India’s history.
Exchange22 gets GST relief as Allahabad HC stays ₹253 crore show cause notice
Gaming companies argue that the 28% GST rate should be imposed only from October 1, 2023, when the revised taxation structure was officially implemented.
Nazara sells 94.86% stake in Openplay, will invest Rs 2.17 crore in ReelSaga
ReelSaga, founded in 2024, aims to become a leader in India’s serialized short drama video market, a rapidly growing segment in the US and China.
EXCLUSIVE: Tamil Nadu grants six weeks time for implementation of RMG rules
The Real Money Gaming operators have received a slight relief from the Tamil Nadu government on implementing the regulations.
Ads on social media platforms driving users to illegal gambling websites: DIF Report
Analyzing traffic sources to these platforms revealed that social media contributed 42.8 million visits during the three months.