Adda52, a prominent hub for online poker in India, has announced the highly anticipated Adda52 Online Poker Series (AOPS), marking a significant milestone for the poker community. The event, set to run from January 27th to February 18th, 2024, has collected nationwide attention in previous editions, attracting participants from across India. With a staggering prize […]
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Gaming News
The Chhattisgarh High Court has delivered its verdict in the case involving the Mahadev App scandal. The bail plea of the accused hawala traders, Anil Dammani and Sunil Dammani, has been dismissed. Justice NK Chandravanshi presided over the court’s ruling. As reported by Zee News, prior to this, the court had kept the decision reserved […]
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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 […]
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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 […]
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In a major collaboration, Dream11, India’s premier fantasy sports application, has been designated as the official ‘Fantasy Sports Partner’ for SA20 Season 2, scheduled to commence on January 10, 2024. This alliance aligns the renowned fantasy sports platform with South Africa’s premier T20 tournament, creating a unique avenue to engage with cricket enthusiasts in India, […]
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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 […]
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Acer discloses powerhouse lineup for 2024: Predator Helios 18 & 16, Helios Neo, and Acer Nitro 17
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 […]
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Govt plans to file a plea seeking the transfer of all GST-related online gaming cases to the Supreme Court
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 […]
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Supreme Court to review challenges against retroactive 28% GST on online gaming companies
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 […]
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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. […]
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