Delhi Police’s Crime Branch have made a huge bust consisting of 47 individuals including five organizers gathered at a farm house turned into an illegal casino. The perpetrators included businessmen, builders, and property dealers, five of whom have been arrested. The arrested organizers were identified as Amit Kumar, Satender Sehgal, Sahil Gujral, Tejinder Singh and […]
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Deltatech Gaming Limited, a subsidiary of Delta Corp, received a GST demand notice amounting to Rs 6384 crore on October 13, the company informed the stock exchanges today. This comes less than a month after the company was issued tax notices to the tunes of Rs 11,139 crore and Rs 5682 crore. “The GST notice […]
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Call Break is a popular card game. It is all about developing a winning strategy. Knowing how to handle the trump suit is the secret sauce for success in this card game. The trump suit in Call Break, influenced by your call, adds an exciting twist to every round. To use the trump suit better, follow […]
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Dream Capital, the venture arm of Dream Sports Pvt. Ltd., will reportedly be shutting its operations down soon. The news comes in the midst of implementation of 28% GST on online RMG firms, which came into effect starting October 1. Notably, the tax burdens are speculated to strike down Dream Sports’ profit by 80 percent. […]
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The Competition and Markets Authority (CMA) of the UK has today approved Microsoft’s acquisition of Activision Blizzard. However, as part of the agreement Microsoft will not acquire the rights for cloud gaming which is what led to the clearance of the deal. Instead of Microsoft, Ubisoft will now be acquiring those rights, providing different and […]
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One of the accused in the Mahadev Book illegal betting app case had purchased properties in Bhopal and also planned to build a five-star hotel near Mumbai, ED investigations have revealed. Now, as per reports, the enforcement agency is probing if the properties involved have links with the main accused in the Mahadev Book case, […]
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The Australian Government has now announced changes to the rating system for video games. These changes are going to take effect starting September 2024 and will ensure that titles containing loot boxes or gambling aspects are age-rated. Games that contain aspects like spin the wheel for non-monetary reward will straight up be categorized as R18+. […]
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The Uttar Pradesh state government notified an ordinance dated September 30 to implement the new 28% GST rate on online gaming, casinos and horse racing. With this, the north Indian state joined 17 other states to implement the new tax regime by October 1. Notably, the Centre also amended the CGST Act well in time […]
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The Goa unit of the Aam Aadmi Party (AAP) clarified that it is against 28% GST levy on online skill-based gaming only and not on offshore casinos in the state. Recent media reports indicated that the party was opposing the new tax rate imposition on casinos as well, but AAP leader Valmiki Naik reiterated they […]
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Gaming and hospitality firm Delta Corp Ltd. filed its quarterly results for the second quarter of the financial year 2023-24. Notably, the consolidated net profit for the firm is up 1.6% on a yearly basis. The net profit was reported as Rs 69.4 crores, as against Rs 68.25 crore in Q2 FY23. Meanwhile, the consolidated […]
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