In past six months, the gaming federation has reported over 250 illegal gambling and betting websites and apps to the government
Tag: Online Gaming
Free-to-play gaming platform Nostra draws in 115 million active users in a year
‘72% of women gamers play multiple times in a day, a frequency on par with that of male gamers,’ Nostra report mentioned
India’s digital dilemma: Balancing growth with gaming governance
If illegal betting and gambling is brought under the purview of PMLA, authorities would have greater power to investigate financial transactions, trace illicit proceeds, and impose suitable penalties on those involved, writes Nirupama Soundararajan, Co-Founder and Partner, Policy Consensus Centre.
Union Budget 2024: Major tax revisions set to boost gaming and esports sector
The rollback of the Angel tax is being considered to be a major boost for Indian gaming and esports entrepreneurs, leading to more opportunities as well as higher engagement with the youth.
Women outpace men at workplace in India’s gaming industry: Report
India’s gaming sector experienced a 20-fold increase in overall workforce between 2018 and 2023 with 97.56 CAGR
India’s iGaming: Taxed to extinction, or a catalyst for change?
This tax is contentious because the total wagered amount includes both entry fees and prize money, which do not fit neatly into the definitions of goods and services, writes Aruna Sharma, Development Economist and retd Secretary GoI.
Pre-GST boom, post-GST gloom: Online gaming stumbles in India
For a sector which has created 100,000 jobs and was expected to create around three times more jobs in coming years, such job erosion is an alarming concern that reflects the adverse business impact of the GST amendment, the report points out.
Rethink GST or risk losing billions: India’s skill-based online gaming needs a tax fix
The GST tax has led to users embracing untaxed platforms, rise of grey market and potential loss in foreign investment.
PokerBaazi unveils Baazi Millions tournament
The poker platform in its first edition of Baazi Millions will initiate a fixed pay-out structure for the top 200 rank holders. The top 25 rankers will bag a million each.
Zupee’s Dilsher Malhi on responsible gaming, Ludo in the digital age and more
Dilsher Malhi, Founder, Zupee discusses Zupee’s focus on skill over chance, the 28 percent tax on online gaming, responsible gaming practices and more.