Riot Games has announced a list of 40+ “OFF//SEASON” events which are planned to take place right after Valorant Champions Tour 2023. The events will include show matches, open qualifier events, and LANs across Europe, the Middle East and Africa (EMEA), Asia-Pacific (APAC), and the Americas. As per the official post by Valorant Esports, the […]
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Maharashtra’s Prahar Janshakti Party leader Bachchu Kadu recently came forward to criticise former cricketer and Bharat Ratna Sachin Tendulkar. His criticism towards the cricketing legend was for featuring in an advertisement for online gaming platforms. Kadu came forward to advise Sachin to refrain from featuring in such ads further. A lot has already been happening […]
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Central Govt’s decision to implement a 28% GST on online gaming has proved to be a big blow for the RMG (real money gaming) startups. Amid all the changes being implemented by the Govt, several startups have started changes in its structure to remain in surplus. Presumably, the changes came in the form of Lay-offs […]
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Amendments to the IGST and CGST Acts for online gaming, casinos and horse racing were considered and passed by voice vote without any discussion in both the houses of the Parliament today. The matter will now move ahead into further approval procedure, and if passed, the amendments will become part of the Acts after notification […]
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As revealed by the Finance Minister Nirmala Sitharaman during the 51st GST council meeting, the majority of the states are ready to implement 28% GST on online gaming, casinos and horse racing as soon as possible. Now, the latest reports believe that states might opt for Ordinance route to bring the new GST on online […]
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The Indian Parliament has finally approved the Digital Personal Data Protection Bill, 2023 (“Bill”) ushering a new era in the story of Digital India. The Bill will now become an act after receiving presidential assent. The legislation lays down a comprehensive framework for data protection in India. In line with Puttuswamy decision by Supreme Court, […]
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On Wednesday, August 9, Google told the Delhi High Court that it cannot simply dilute the warning/disclaimer or make changes in it when users download the WinZO APK file using its search engine. This comes in response to Justices Manmohan and Saurabh Banerjee of the Delhi HC, asking Google in March to consider issuing a […]
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Bengaluru-based gaming startup MetaShot have successful raise $400,000 in a pre-seed round led by Inflection Point Ventures. Several angel investors including founders of Dineout – Ankit Mehrotra, Sahil Jain and Khalid Qazi. MetaShot’s founding team includes Prince Thomas, Ranjit Behera, and Ajith Sunny. The founders say that they want to enable the users to have […]
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The Union Cabinet has approved the bill to amend the new GST rate of 28% on online gaming, casino and horse racing on Wednesday, August 9. With this, the bill will now be presented into the ongoing monsoon Parliament Session which will allow it to be enforced by the estimated date of October 1. The […]
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Lottery king Santiago Martin’s appeal against Enforcement Directorate’s recent action to attach and freeze his and his company’s movable assets under the Prevention of Money Laundering Act, 2002 (PMLA) has been dismissed by the Kerala High Court on Tuesday, August 8. Martin had approached the High Court challenging ED’s provisional attachment orders on the aforementioned […]
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