The Goods and Services Tax (GST) authorities have advised the Information Technology Ministry to block 60 offshore online gaming platforms in an attempt to restrict the companies not complying with India’s registration laws. According to an official familiar with the matter, details of these platforms were shared with the Ministry of Electronics and Information Technology […]
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Seven online betting operators in the United States have come together to establish the Responsible Online Gaming Association (ROGA), a collective aimed at promoting responsible online gaming through various initiatives. The operators involved in this initiative are BetMGM, bet365, DraftKings, Fanatics Sportsbook, FanDuel, Hard Rock Interactive, and Penn Entertainment (parent company of ESPN BET). Together, […]
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Gaming News
Online gaming tax review unlikely to be taken up by GST Council until SC clarity on retrospective dues
After the conclusion of the 51st GST Council meeting in August last year, all eyes were on the anticipated review of the 28% GST on initial deposits impacting the casino and online real money gaming sector, six months post its implementation from 1st October, 2023. However, with the upcoming Lok Sabha elections and the enforcement […]
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As indicated by the latest report from the Interactive Entertainment and Innovation Council (IEIC), online gaming in India directly and indirectly employed more than 100,000 skilled professionals in 2023 alone, with expectations of creating over 250,000 additional jobs in the next decade. The driving force behind this growth is the considerable base of gamers in […]
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Virtual reality (VR) has emerged as a transformative force, blurring the lines between the digital world and reality itself. As enthusiasts and developers continue to push the boundaries of immersive experiences, the quest for the ultimate gaming VR headset intensifies. From breathtaking visuals to seamless interaction, these devices have revolutionized how we perceive and engage […]
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OnePlay, the Indian cloud gaming service, has recently announced the incorporation of 14 new games into its library, with a notable focus on titles from the acclaimed Yakuza series. The announcement was made via the company’s Discord server, as reported by IGN India. The latest additions to OnePlay’s lineup include titles such as Horizon Forbidden […]
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In the dynamic landscape of online gaming, where split-second decisions and lightning-fast reflexes can mean the difference between victory and defeat, having a reliable and high-performance internet connection is paramount. Enter gaming routers, specialized networking devices engineered to optimize gaming experiences by prioritizing low latency, reducing lag, and providing seamless connectivity. As gaming continues to […]
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Online cricket betting has led to a family tragedy in Hosadurga, Chitradurga. A man ran into debt amounting to crores, and the pressure from creditors led to his wife committing suicide. Times of India reported that the man named Darshan Balu, who works as an assistant engineer with the state minor irrigation department lost approximately […]
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Union Ministry of Electronics and Information Technology (MeitY) has shifted gears from the idea of a self-regulatory body for online gaming, considering instead the incorporation of an independent regulator. This proposed regulator would restrict e-gaming services to registered entities within the country. As reported by the Economic Times, the National Law University (NLU) Delhi, in […]
The post NLU-Delhi to recommend for online gaming regulation to be submitted to MeitY soon appeared first on G2G News.
Union Ministry of Electronics and Information Technology (MeitY) has shifted gears from the idea of a self-regulatory body for online gaming, considering instead the incorporation of an independent regulator. This proposed regulator would restrict e-gaming services to registered entities within the country. As reported by the Economic Times, the National Law University (NLU) Delhi, in […]
The post NLU-Delhi report on online gaming regulation to be submitted to MeitY soon appeared first on G2G News.