In the rapidly evolving world of gaming, comfort and support are paramount for both casual and professional gamers alike. As we step into 2024, the market for gaming chairs has seen significant advancements, offering an array of options designed to enhance your gaming experience. Whether you’re looking for superior lumbar support, ergonomic design, or stylish […]
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The Goods and Services Tax (GST) Council which met on June 22 recommended an amendment to the Central Goods and Services Tax (CGST) Act, 2017, that would enable the government, on the recommendation of the GST Council to regularize non-levy or short levy of GST, where tax was being short paid or not paid due […]
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Gigabyte is making a push in the Indian gaming market with the launch of its latest AI-powered gaming laptops, the Gigabyte G6X and the Aorus 16X. These new additions aim to provide a more compelling range of options for gaming enthusiasts and professionals in the country. The Gigabyte Aorus 16X redefines gaming performance with its […]
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Illegal betting market in India threatens national security and economic integrity: Report
The illegal betting market in India is estimated to receive deposits worth $100 billion annually, with a projected growth rate of 30%, according to a report by the Centre for Knowledge Sovereignty (CKS). Titled “Illegal Gambling and Betting in India: Risks, Challenges, and Responses,” the report, authored by Lt General Vinod G. Khandare and Vinit […]
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The International Olympic Committee (IOC) is proposing the inclusion of esports in the global sporting community through the ‘Olympic Esports Games.’ This proposal will be discussed at the 142nd IOC Session, coinciding with the Paris 2024 Olympics. As reported by The Bridge, this decision follows the success of events such as the Olympic Esports Week […]
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Google Playstore extends grace period for fantasy sports and rummy apps in India, ignores other games: AIGF reacts strongly
Google has announced an extension to the grace period for developers of fantasy sports and rummy apps that participated in its pilot program in India. This development has led to concerns within the industry, with the All India Gaming Federation (AIGF) voicing objections to what it terms as an “arbitrary and anti-competitive decision.” Mr. Roland […]
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Google Playstore pauses service fee plans for real-money games, extends rummy & fantasy sports pilot
Google has announced a pause on its plans to impose a service fee on real-money gaming apps and expand into new markets, including India. This decision provides temporary relief to skill-based gaming companies operating in these regions. As reported by Moneycontrol, Google has also decided to extend the grace period for developers of daily fantasy […]
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The Australian Communications and Media Authority (ACMA) has instructed internet service providers (ISPs) to block access to additional offshore gambling websites operating in violation of Australian regulations. The ACMA announced that the latest sites targeted for blocking include A Big Candy, Jackpoty, and John Vegas Casino. This is a part of the regulator’s ongoing efforts […]
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Online gaming sector in India hit hard by GST hike: over half of enterprises report revenue decline
The online gaming sector in India has shown signs of strain following the imposition of a 28% goods and services tax (GST) on total deposits. The report, titled “Impact of new GST law on skill-based online games,” was jointly published by EY and the US-India Strategic Partnership Forum (USISPF) and is based on a survey […]
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As the government announces the meeting of the GST Council, sources suggest that online gaming companies are unlikely to see any relief. Despite continuous advocacy for a review, the Council seems to uphold the current 28% GST on actionable claims, implemented on October 1, 2023. As reported by CNBC TV18, sources indicate that the Council […]
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