Online Gaming – Page 2

Quick Commerce or Quick cash? Zepto’s promotion of illegal betting firm Parimatch

Flyer of illegal betting platform Parimatch sent by Zepto to customers, hoarding at Poonamallee High Road in Tamil Nadu.

Zepto not only promoted Parimatch but also went as far as including flyers in customer orders, essentially delivering gambling ads straight to people’s homes.

Supreme Court restores petition seeking ban on opinion trading apps

The Supreme Court will finally begin hearing the much-anticipated case on May 5 involving show-cause notices issued to some of India’s biggest online gaming companies.

Recently, the Confederation of All India Traders (CAIT) formally appealed to the Indian government, urging a ban on opinion trading apps and websites.

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

Senior Counsel C Aryama Sundaram, representing the petitioners in earlier hearings, asserted that the Tamil Nadu government lacks jurisdiction to legislate in this domain.

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

Granting this request, the High Court has allowed the state three more weeks to file a comprehensive affidavit and has called upon the Union Government to submit its response as well.

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 Supreme Court will finally begin hearing the much-anticipated case on May 5 involving show-cause notices issued to some of India’s biggest online gaming companies.

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

Sources also claim that the matter will be pushed to April considering other important tax related matters being in focus of the government.

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

The industry awaits further legal clarity as the matter progresses through the courts, with the Supreme Court's ruling expected to set a precedent for future GST assessments on gaming platforms.

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 targets India's mobile-first youth with short, serialized video series. The app will offer bite-sized entertainment, with episodes lasting one to two minutes, and monetize through per-episode microtransactions and subscription options for high-spending users.

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

Senior Counsel C Aryama Sundaram, representing the petitioners in earlier hearings, asserted that the Tamil Nadu government lacks jurisdiction to legislate in this domain.

The Real Money Gaming operators have received a slight relief from the Tamil Nadu government on implementing the regulations.