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As reported earlier, the Supreme Court on Monday agreed to have a final hearing of cases challenging the GST show cause notices to online money gaming companies and casinos after conclusion of hearings in 9 judge bench cases scheduled in the coming months. The order made available on Tuesday has listed 2 April 2024 as […]
The post Supreme Court fixes 2 April 2024 for final hearing on money gaming GST matters appeared first on G2G News.

Delta Corp, India’s only listed casino & online real money gaming company, has reported a substantial decline in its consolidated net profit for the third quarter ended December 2023. The net profit plunged by 59% year-on-year (YoY), dropping from Rs 84.8 crore to Rs 34.4 crore during this period. Likewise, the company’s revenue from operations […]
The post GST impact: Delta Corp sees 59% net profit drop in Q3 appeared first on G2G News.

Unity, the powerhouse behind the popular game engine, has set in motion a significant reduction in its workforce, targeting about 1,800 employees, constituting a quarter of its current staff. The decision follows the ‘company reset’ initiated by interim CEO Jim Whitehurst in November, a move aimed at streamlining operations and sharpening core business functions. This […]
The post Unity announces largest workforce reduction, lays off 25% of staff appeared first on G2G News.

In a bold move marking their step into 2024, Acer, a front-runner in tech innovation, has revealed an impressive lineup of gaming laptops assured to set new benchmarks in the gaming industry. Headlining this release are the revamped models of the Predator Helios 18 and Predator Helios 16. Alongside these, Acer introduces the new Predator […]
The post Acer discloses powerhouse lineup for 2024: Predator Helios 18 & 16, Helios Neo, and Acer Nitro 17 appeared first on G2G News.

The Union government has made a significant move in the ongoing dispute over the retrospective imposition of Goods and Services Tax (GST) on online gaming. On January 8, it pledged to file a petition requesting the transfer of all related cases from various high courts to the Supreme Court. During the court proceedings, Additional Solicitor […]
The post Govt plans to file a plea seeking the transfer of all GST-related online gaming cases to the Supreme Court appeared first on G2G News.

The Supreme Court has taken notice of the petitions filed by Head Digital Works and Games 24/7, two prominent online gaming companies. These pleas challenge the government’s decision to retroactively impose a 28 percent Goods and Services Tax (GST) on the total value of bets placed, rather than on the gross gaming revenue. As reported […]
The post Supreme Court to review challenges against retroactive 28% GST on online gaming companies appeared first on G2G News.

Winzo, the online gaming company, made an announcement on Monday revealing its strategic partnership with renowned educational institutions such as Indian Institute of Technology (IITs), Stanford University, and California State University. Their collective goal is the development of a comprehensive model capable of accurately distinguishing gaming activities where skill predominates from those dependent on luck. […]
The post Winzo teams up with IITs to develop model for determining games of skill appeared first on G2G News.

Purportedly referring to a G2G news report about an apparent rift between Revenue Secretary Sanjay Malhotra and Additional Solicitor General of India (ASG) N. Venkatraman, the latter stated that such reports of a rift between bureaucrats nand law officers on pursuing retrospective GST notices against online gaming companies is baseless and incorrect. Venkatraman made the […]
The post No rift between law officers and bureaucrats on GST gaming issues: ASG N. Venkatraman in SC appeared first on G2G News.

In a riveting celebration that unfolded in the heart of Goa, Big Daddy proudly hosted the grandest New Year bash – the Big Bash 2024. Positioned as one of the country’s leading entertainment and gaming destinations, Big Daddy transformed into a hub of excitement, marking the pinnacle of year-end festivities. Spanning from December 22nd to […]
The post The biggest New Year bash celebrated on the waters of Goa appeared first on G2G News.