CEO of Krafton India, Sean Hyunil Sohn recently talked about Generative AI. He explained how it will change the way people develop games in future. Further, he believes that a lot of work can be done rather quickly with the help of generative AI. The introduction of 5G has also made improvement in gaming with […]
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A writ petition filed by online gaming company Kamal Mishra and Associates Private Limited challenging the validity of the Central Goods and Service Tax (Amendment) Act, 2023 and CGST Amendment Rules pertaining to the newly imposed 28% GST on deposits for online money gaming websites was listed in Allahabad High Court on Thursday, November 2 […]
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Esports media and gaming firm Nodwin Gaming on Thursday (November 2) announced that it has partnered with seven companies – Intel, Monster, Hyundai, TVS Raider, Opraahfx, BenQ, and ACT – for the fourth edition of DreamHack India to be held from November 3-5 in Hyderabad. Nodwin Gaming stated that the new partners will help make […]
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The Goa Coastal Zone Management Authority (GCZMA) will re-inspect offshore casino sites on Mandovi River before any No Objection Certificates (NOCs) are issued to the casino operators. Earlier this year, the GCZMA granted in-principle approval to offshore casinos. However, it clarified that the NOC will only be issued after the environmental impact assessment (EIA) reports […]
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The Enforcement Directorate (ED) seized a total of Rs 4.92 crore in cash in Chhattisgarh yesterday linked to the Mahadev Book promoters. Rs 3.12 crore were seized from an SUV parked at a hotel while another Rs 1.8 crore were recovered from a house in Bhilai. It is alleged that the cash was sent to […]
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Online social gaming platform WinZO has announced collaborations with several educational institutions across Telangana with an aim to promote and develop talent in the gaming industry along with enabling innovation and entrepreneurship. Among the top institutions that WinZo has partnered with include the Indian School of Business (ISB) and the International Institute of Information Technology […]
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Web3 focused gaming venture, Kratos Studios, has now launched ‘Kratos Games Network’ program. With this undertaking, the studio aims at investing Rs 50 crore across 10-15 gaming studios by March 2024. As of now, the company has already made monetization available to over 1.5 lakh gamers, aggregating to Rs 5 crore. Web2 game development studios […]
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The Congress Party has led allegations on the Mizo National Front for carrying corrupt acts in the state-run lotteries. As per Congress officials’ claim, ministers, and bureaucrats have teamed up with private entities to these acts of peculation. These organizations exploit the state lotteries, which leads to severe financial repercussions for the state government. It […]
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After four years of service, Siddharth Kedia, CEO of Nodwin Gaming, is stepping down from his position. The company is the esports and gaming division of Nazara Technologies. Following his departure, CFO Karandeep Singh will take over acquisition and investor relation duties while co-CEO Gautam Singh Virk will be looking after the operational part of […]
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28% GST on online money gaming: Punjab Guv approves SGST amendment bill after confrontation with AAP government
The Punjab Governor has assented to two of the three Money Bills that the AAP government has forwarded for his approval, just days before the first hearing of the petition the Aam Aadmi Party government filed against him in the Supreme Court. The Punjab Governor earlier refused to assent to the bills claiming the session […]
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