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Offshore illegal betting website FairPlay is now taking advantage of the recent announcement by the GST council to levy 28% GST on online gaming. It has now befooled users to come and play on the platform. Despite being an illegal platform, it claimed that users do not need to pay any GST and taxes on […]
The post Illegal site FairPlay dupes users: claims no GST, taxes on winning appeared first on G2G News.

Battlegrounds Mobile India (BGMI), which recently made a comeback in the Indian market, has leaped forward with record downloads. The popular mobile esports title has now crossed over 40 million downloads within just six weeks. Krafton, BGMI’s developer and South Korean gaming giant, first launched BGMI in late 2020. The game also topped the charts […]
The post BGMI crosses 40 million downloads in just six weeks of unban appeared first on G2G News.

Prominent esports firm NODWIN Gaming by Nazara Technologies has announced the second season of BGMI Masters Series (BGMS) with official broadcasting and streaming partners Star Sports and Rooter, respectively. The second season will start from August 4 with 24 teams going head-to-head for a massive prize pool of Rs 2.1 crore. 14 teams out of […]
The post NODWIN Gaming and Star Sports announce BGMS season 2 with Rooter as digital streaming partner appeared first on G2G News.

Junglee Games India ropes in Abhay Deol as the brand ambassador for its newly launched poker brand Junglee Poker. The company already offers online rummy through its platform, Junglee Rummy. Junglee Games has released a digital campaign with Deol called “Everyone’s Game”, to help promote Junglee Poker. The campaign shows Deol entering the boardroom and […]
The post Junglee Poker announces Abhay Deol as brand ambassador appeared first on G2G News.

Krishna Byre Gowda, Karnataka revenue minister and member of the GST Council, said that the 28% GST rate on online gaming is “eminently justified”. In fact, he even went on to say that there should been a cess, too, on all types of “betting” but the Council did not discuss it. Gowda said that the […]
The post 28% GST is eminently justified, lower tax will incentivize ‘betting’: Karnataka Revenue Minister appeared first on G2G News.

Amid the struggle of online gaming companies trying to have the GST council reconsider the tax rate for online gaming, the Turf Authorities of India (TAI) has also put forward a plea to the council for reconsideration of GST rates on horse betting. The GST Council, according to TAI, has failed to recognize the unique […]
The post Turf Authorities of India pleads to reconsider GST rates on horse betting appeared first on G2G News.

Entrepreneur and co-founder of fantasy gaming app CrickPe Ashneer Grover on Thursday, July 20, made a post of his Twitter account. In the post, he was seen explaining the effect of the new GST rate on online gaming to the industry. Grover explains how the winner in a two-person game will have to pay double […]
The post ‘This has become an existential issue’ – CrickPe’s Ashneer Grover explains unit economics behind GST on online gaming appeared first on G2G News.