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Karnataka GST authorities write to 161 online gaming firms asking them to comply with new rate

Within a week of notifying an ordinance to implement 28% GST on online gaming, casinos, horse racing, Karnataka GST authorities have written to 161 online gaming firms asking them to comply with the new GST policy and file returns accordingly. “We have done this to be doubly sure that they collect taxes as per the […]
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Australia: AUSTRAC restricts online sports betting firms to take wagers from unverified users

The Australian Transaction Reports and Analysis Centre (AUSTRAC) has now restricted online sports betting firms from taking wagers from unverified users. The decision has been taken under the latest drive to enhance anti-money laundering (AML) measures. As per the new rules, betting operators will now require pre-verification of all online gamblers. Non-complying customers will be […]
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ED summons Ranbir Kapoor for links with Mahadev Book betting case

The Enforcement Directorate (ED) has summoned Bollywood actor Ranbir Kapoor for promoting an illegal betting app. The app in question is Fairplay, which is one of the apps under Mahadev Book’s international betting network. Mahadev Book is considered as the biggest illegal betting network in India. The ED has been investigating the case since a […]
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Nagpur: Police make Sontu Jain’s brother co-accused in Rs 58 crore illegal betting app fraud case

Nagpur police have claimed involvement of illegal online betting operator Sontu Jain’s elder brother Dheeraj in the recent Rs 58 crore fraud case. Sontu, who is currently on the run from police, allegedly worked with Dheeraj who used to launder money on his behalf. The latter has been made co-accused in the case now. Dheeraj […]
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Dream11 releases new ad ft. Rishabh Pant, Rohit Sharma ahead of 2023 World Cup

Fantasy gaming platform Dream11 has launched a new campaign with Rohit Sharma and Rishabh Pant ahead of the ODI World Cup. The move aims to excite cricket fans interested in online gaming. Dream11 is also the lead sponsor for the Indian cricket team, a deal that began a few months back. Cricketer and captain of […]
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Krafton India launches KIGI to aid potential game developers

Developers of many big gaming IPs, Krafton launched Krafton India Gaming Incubator (KIGI) to help talented developers in the country. The KIGI program will help the innovative gaming developers to hone their skills. The program also promises to guide and help the developers financially in order to expand the gaming ecosystem. Under the program, Krafton […]
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GST on online gaming: DGGI hands another notice to Dream11 worth Rs 28,000 crore

The Directorate General of GST Intelligence (DGGI) has now sent the biggest-ever tax notice to fantasy sports platform Dream11. The requested amount is a whopping 28,000 crore, breaking the previous record tax notice of Rs 21,000 crore to Gameskraft in 2022. However, Maharashtra state GST audit authorities asked for Rs 18,000 crore in taxes previously. […]
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Mahadev Book: CM Baghel’s political advisor Vinod Verma calls betting allegations as ‘politically motivated’

Political advisor for Chhattisgarh CM Bhupesh Baghel, Vinod Verma has been recently under the Enforcement Directorate’s radar for being allegedly involved in Mahadev Book illegal betting racket. Verma however has denied any connections with the illegal betting network. A police official, ASI Chandrabhushan Verma, is currently under arrest for taking bribes from Mahadev Book operators. […]
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Epic Games’ head of publishing strategy Sergiy Galyonkin resigns

Head of publishing strategy at Epic Games, Sergiy Galyonkin, has announced his departure from the company. This comes amid times when company has already laid off more than 800 of its total workforce. Galyonkin, in his post on X, wrote, “Today is officially my last day at Epic Games. These eight years have been some of […]
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FSR 3 by AMD out for two titles, more to follow soon

FidelityFX Super Resolution 3 (FSR), AMD’s latest upscaling tech, is now out for titles like Forspoken and Immortals of Aveum. FSR 3 was announced with AMD’s 7000 series graphics card last year. As per AMD’s official blog post, FSR 3 is using AMD Fluid Motion Frames which is the company’s answer to its competition Nvidia’s […]
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