All Posts by admin

Tax dept amends rate notification to clarify 28% GST on casinos

The CBIC vide notifications dated 19th October 2023 amended Notification No. 11/2017 dealing with a rate on goods and /or services, exemption on goods and/or services, and reverse charge mechanism to give effect to the recommendations of the 52nd GST Council Meeting held on 7th October 2023. The changes also involved consequential amendments on account […]
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Exclusive: Sikkim HC asks DGGI to not take any further action in Delta Corp’s Rs. 628 crore GST showcause notice

A single judge bench of the Sikkim High Court comprising of Justice Bhaskar Raj Pradhan on 20th October issued notice on the interim application of listed casino and gaming company Delta Corp Limited challenging the showcause notice dated 27th September, 2023 asking Deltin Denzong, Gangtok, Sikkim to pay Rs. 628 crores as Goods and Services […]
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Australia: Crown Melbourne to undergo ‘amazing redevelopment’

Mike Volkert, the Chief Executive Officer of Crown Melbourne, has announced plans for the redevelopment of the group’s original casino property and turn it into a Las Vegas-style integrated resort. While the casino has been maintained pretty well and still remains the “crown jewel of Melbourne” for the past 29 years, Volkert believes that it […]
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ED files chargesheet against Mahadev Book’s illegal betting racket

Huge development was seen in the Mahadev Book case as the Enforcement Directorate (ED) filed a chargesheet against the illegal betting racket. The comprehensive chargesheet was filed against 14 individuals before a Special Court in Raipur. The 197-page charge sheet filed under Prevention of Money Laundering Act (PMLA) was filed by ED’s zonal officer in […]
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Adda52 wraps up 15th edition of Deltin Poker Tournament 2023

Online poker platform Adda52 announced the conclusion of the 15th edition of the Deltin Poker Tournament (DPT). The tournament, held in partnership with the Deltin Group which celebrated its 10-year anniversary, brought together several prominent poker players from across the country. The event featured a prize pool of Rs. 2.5 crore with more than 700 […]
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If gambling was legalized across India scams like Mahadev Book would not happen: Anand Ranganathan

Analyst and author Anand Ranganathan, appearing on a news debate regarding the Mahadev Book illegal betting app scam, also touched on the topic of why gambling is not universally legalized in the country. Talking about Mahadev Book, Ranganathan expressed shock over how a juice seller from Chhattisgarh was able to siphon off over Rs 5000 […]
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Dream11 creates new milestone, becomes first online gaming company to reach 20 crore registered users

Online fantasy sports platform Dream11 on October 19 reached the milestone of 200 million registered users. Harsh Jain, CEO of parent company Dream Sports, posted a video on X celebrating the achievement. This is the first time a fantasy gaming platform has reached this many registered users. There is currently no 200 million celebration offer […]
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28% GST on online gaming: Punjab Governor & AAP Govt deadlock to delay SGST Act amendment

A deadlock between Punjab Governor Banwarilal Purohit and the AAP government headed by Chief Minister Bhagwant Mann, has led to a roadblock in implementing the new GST regime of 28% for online gaming, casinos, and racecourses. Local media reports indicated that the Governor had sought a clarification on why the proceedings of the GST Council […]
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Indian tax authorities losing over Rs 3.9 lakh crore annually due to illegal offshore betting platforms: Report

Indian tax authorities are missing out on over Rs 3.9 lakh crore in tax collection (GST and TDS) annually from illegal betting and gambling websites, a report by Think Change Forum (TCF) revealed. The recent changes to the GST regime have created more concerns as a matter of fact. The illegal offshore betting market is […]
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Amazon Great Indian Sale: 3 bestselling headsets under Rs 2000

Gaming headsets are a requirement for modern-day gaming. The scene is getting more competitive with more players trying to improve their gameplay. The headsets you pick in these situations can give you a lot of advantage. Earphones usually do not provide the type of immersion and information to gamers. For that reason, having a headset […]
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