In an IPL match, Yuzvendra Chahal broke the record for being the leading wicket-taker in IPL history, and Yashasvi Jaiswal scored the fastest half-century in the tournament, carrying Rajasthan Royals to a nine-wicket victory over Kolkata Knight Riders, which helped RR climb up to third place in the points table. Jaiswal finished with 98* off […]
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Gaming News
Maharashtra: MNS’ Manoj Chavan once again urges to implement casino regulations in state
Maharashtra Navnirman Sena’s (MNS) General Secretary Manoj Chavan has, on May 16, drafted a formal request to the Chief Minister Eknath Shinde to consider implementation of laws related to casino regulations in the state of Maharashtra. This request has been made with a primary intention to increase tourism revenues in the state. A similar request […]
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Popular actress and model Neha Sharma has joined the celebrity bandwagon to promote illegal betting website Lotus365. In one of her recent Instagram posts the actress can be seen promoting the illegal gambling platform with lofty promises to her fans. Sharma claims that people can win prizes on the platform every day and fulfill their […]
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92% of online gaming ads failed to comply with norms, sector most violative: ASCI report
The Advertising Standards Council of India (ASCI) annual complaints report for 2022-23 has revealed that 92% of gaming advertisements did not comply with the real money gaming ad guidelines. These guidelines have been formed with the objective to inform users of potential financial risks of online gaming. ASCI reviewed 7,928 advertisements across print, digital and […]
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Ban on popular mobile Battle Royale game Battlegrounds Mobile India (BGMI) is expected to be lifted for three months by the Ministry of Electronics and Information Technology (MeitY) according to sources who spoke with News18 on the matter. MeitY will soon issue a temporary clearance that will lift the ban on the online game from […]
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KPCC president K Sudhakaran recently commented on the Enforcement Directorate (ED) freezing assets worth Rs 457 crore from Santiago Martin residential and business premises, saying it was hard-earned money of the people of Kerala. Sudhakaran further accused CPM of helping Martin to make profits and settle in Chennai. He said that Martin donated Rs two […]
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Online skill gaming and sports media platform Nazara Technologies has joined industry body All India Gaming Federation (AIGF) as a principal member. As a result, founder and CEO of Nazara, Nitish Mittersain will now be a part of the executive committee of AIGF, helping the latter with shaping policy frameworks, promoting responsible gaming in the […]
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The local crime branch of Gujarat police has uncovered crores of transactions related to online cricket betting in Gandhinagar’s Randesan area conducted through illegal betting app Mahadev Book. During the raid, the police arrested 17 individuals operating the racket from an apartment. and seized several laptops, mobile phones and account books containing information of transactions […]
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Law firms write to PMO requesting to maintain current GST rate for online gaming industry
Various law firms representing prominent online gaming companies recently wrote to the Prime Minister’s Office (PMO), requesting the GST Council to maintain the current GST rate on online gaming. The GST Council is expected to meet in mid-June and decide the rate of taxation. The report submitted by the GoM recommended 28% rate on all […]
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In the latest update regarding tax rate for online gaming, GST council may discuss the report submitted by Group of Minister (GoM) back in December 2022. The GoM recommended 28% GST rate on online gaming both skill games and chance games. The report was then planned to be discussed in the 49th GST council meeting […]
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