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The illegal betting market in India is estimated to receive deposits worth $100 billion annually, with a projected growth rate of 30%, according to a report by the Centre for Knowledge Sovereignty (CKS). Titled “Illegal Gambling and Betting in India: Risks, Challenges, and Responses,” the report, authored by Lt General Vinod G. Khandare and Vinit […]
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The International Olympic Committee (IOC) is proposing the inclusion of esports in the global sporting community through the ‘Olympic Esports Games.’ This proposal will be discussed at the 142nd IOC Session, coinciding with the Paris 2024 Olympics. As reported by The Bridge, this decision follows the success of events such as the Olympic Esports Week […]
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Google has announced an extension to the grace period for developers of fantasy sports and rummy apps that participated in its pilot program in India. This development has led to concerns within the industry, with the All India Gaming Federation (AIGF) voicing objections to what it terms as an “arbitrary and anti-competitive decision.” Mr. Roland […]
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Google has announced a pause on its plans to impose a service fee on real-money gaming apps and expand into new markets, including India. This decision provides temporary relief to skill-based gaming companies operating in these regions. As reported by Moneycontrol, Google has also decided to extend the grace period for developers of daily fantasy […]
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The Australian Communications and Media Authority (ACMA) has instructed internet service providers (ISPs) to block access to additional offshore gambling websites operating in violation of Australian regulations. The ACMA announced that the latest sites targeted for blocking include A Big Candy, Jackpoty, and John Vegas Casino. This is a part of the regulator’s ongoing efforts […]
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The online gaming sector in India has shown signs of strain following the imposition of a 28% goods and services tax (GST) on total deposits. The report, titled “Impact of new GST law on skill-based online games,” was jointly published by EY and the US-India Strategic Partnership Forum (USISPF) and is based on a survey […]
The post Online gaming sector in India hit hard by GST hike: over half of enterprises report revenue decline appeared first on G2G News.

As the government announces the meeting of the GST Council, sources suggest that online gaming companies are unlikely to see any relief. Despite continuous advocacy for a review, the Council seems to uphold the current 28% GST on actionable claims, implemented on October 1, 2023. As reported by CNBC TV18, sources indicate that the Council […]
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The union Finance Ministry has proposed an amendment to the Central Goods and Services Tax (CGST) Act, 2017. This proposal, which introduces a new Section 11A, aims to enable the central government to refrain from recovering GST that was not levied or was under-levied due to general practice. As reported by Economic Times, this amendment […]
The post Fitment Committee likely to propose to GST Council an amendment to relieve online gaming industry from retrospective tax demands appeared first on G2G News.

NODWIN Gaming has announced the appointment of Ishaan Arya as the new Vice President of Sales and Partnerships. Arya, a professional with over a decade of experience in the gaming and esports industry, previously co-founded The Esports Club. He has been involved in organizing major gaming and esports events in India, such as The Arena, […]
The post NODWIN Gaming appoints Ishaan Arya as vice president to drive global expansion and innovation appeared first on G2G News.

Despite continuous efforts by law enforcement, illegal activities continue to pose challenges in Bengaluru, as highlighted by recent data released by the Bengaluru City Police. The city has seen an increase in various illegal betting and gambling practices, with May reporting an increase in arrests under the Narcotic Drugs and Psychotropic Substances (NDPS) Act. As […]
The post Rising concerns over illegal activities in Bengaluru: Gaming and betting in spotlight appeared first on G2G News.