Online skill-based gaming platform Zupee has appointed Akanksha Dhamija as its chief operating officer (COO). She has been elevated from her previous position of senior vice president of Growth and Strategy. Dhamija will still handle the overall business growth and strategy. According to the official release, Dhamija has over 13 years of experience in the […]
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The eSports Players Welfare Association (EPWA) shared a report on the rapidly growing gaming industry in the backdrop of the 50th GST Council meeting that is underway and deliberating on the tax rate for the online gaming sector. The association stated that esports should not be taxed in the same manner as real money gaming […]
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The GST Council is scheduled to meet tomorrow and among the agenda items is the taxation of online gaming, casinos, and horse racing. This will be the 50th meeting since inception of the council and will be chaired by Finance Minister Nirmala Sitharaman and is expected to be attended by the Union Minister of State […]
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A shocking incident came to light in Pune district where an online rummy addict took a toll on his life due to depression after losing Rs 20,000 due to excessive addiction of playing. The man is identified as Ganesh Kaldante, who hailed from Talegaon Dabhade and worked as a cab driver. It is being assumed […]
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The gaming sector is growing rapidly and companies are gearing up to ride the bandwagon by offering new games and gadgets. New devices are being launched and gamers have plenty of options to choose from as per their level of participation. With the recent unban of BGMI, almost every player in the country has hopped […]
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Smartphone brand iQOO recently launched its gaming-centric smartphone, Neo 7 Pro. The smartphone has been catching a lot of limelight. The primary reason why there has been a hype for this device is because of the dedicated gaming chip that it boasts. As a part of inaugural offer, users can get this phone for an […]
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Jet Skyesports has announced banned betting platform 1xBet as one of the sponsors for its franchise-based esports tournament, Skyesports Masters. The press release from the esports tournament organiser states that this “collaboration brings together a major sponsor in the global Counter-Strike scene into the country”. 1xBet is a Cyprus-based online gambling company which was declared […]
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Minister of State for Electronics and Information Technology, Mr. Rajeev Chandrasekhar, on Friday, July 7, came forward to repeat that while the state governments hold the authority to regulate gambling within its jurisdiction, they cannot regulate online gaming and matters related thereunder. A Noida-based NGO, Social Organization for Creating Humanity (SOCH), recently moved to the […]
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Sources have reported that the Ministry of Electronics and Information Technology (MeitY) will likely take further calls related to the formation of Self-Regulatory Bodies (SRBs) for regulating the Indian online gaming industry. The ministry has taken the decision, as the industry bodies failed to come up with an SRB within the stipulated deadline of July […]
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Consumers are expected to reduce spending if online real money gaming is taxed at 28% of the contest entry amount (CEA). The higher taxation if implemented will see migration of consumers to offshore / grey markets, said a report by Big 4 audit firm Deloitte released in association with industry association FIFS. This shift to […]
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