#Central Government

The Japan Times

Use of illegal online casinos rising, along with debt concerns

Despite the illegal nature of betting at online casinos in Japan, the number of Japanese users is on the rise, fueled by the easy accessibility of such gambling sites via smartphones and other devices at any time and from anywhere. Even after payment agents facilitating transactions between overseas casino sites and Japanese customers were arrested…

Mobile ・ 12 December 2023

Hindustan Times

Casinos: Goa's trump card or bad bet?

Goa's largest casino operator the Deltin Group and its two subsidiaries, HighStreet Cruises Pvt Ltd and Delta Pleasure Cruise Pvt Ltd, which runs three offshore and one 5-star casino in Goa, possibly the state's single largest tax contributor, are battling multiple notices from the tax authorities that, if penalties are included, amounts to ₹23000…

Law ・ 27 November 2023

The Tribune India

From Smartphones to Slot Machines: The Rise and Risks of Mobile Gambling in India

Mobile gambling, or the use of mobile devices such as smartphones and tablets to play games of chance or skill for money or prizes, is a rapidly growing industry in India. According to a report by KPMG and Google, the online gaming market in India has reached $2.8 billion by 2022, with mobile gaming accounting for 85% of the total revenue. But what…

Mobile ・ 23 November 2023

Hindustan Times

Unraveling the ‘mirror’ web of gambling apps, websites

New Delhi: A majority of gambling websites blocked by the government on the recommendation of Enforcement Directorate (ED) last Sunday bear links to Mahadev Book platform, HT has learnt. The ministry of electronics and information technology (MeitY) blocked 22 offshore and Indian gambling websites as part of continued crackdown on such apps and…

Mobile Apps ・ 12 November 2023

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Great Andhra

Are Online Casino Apps Legal in India?

Online casino apps are a popular way of enjoying various casino games on mobile devices, such as slots, roulette, blackjack, poker, and baccarat. Online casino apps can provide fun, convenience, and lucrative opportunities for players who love gambling. However, in India, the legal situation of online casino apps is not clear-cut, as it depends on…

Law ・ 14 October 2023

g2g.news

Govt notifies online money gaming, gambling, casino under Customs Tariff Act with NIL rate

The central government this Saturday has notified specified actionable claims including online gambling and games as items with NIL rate under the heading 9807 of Schedule I of Customs Tarrif Act, 1975. The goods which are exported from and imported into India are subject to imposition of tax as per the provisions of the Custom Act 1962, while the…

Law ・ 01 October 2023

Coin Codex

A New Word in the iGaming Industry: The Launch of P2E Gambling Platform WEISS

Portugal, Lisbon, September 15th, 2023 - Introducing: a web 3.0 crypto casino where every bet brings rewards. Thousands of entertainment options including slots, roulette, card games, live casino, and sports betting for the most demanding players. Platform's own WEFT token, huge welcome bonus, and a next-generation loyalty program that benefits all…

Crypto ・ 19 September 2023

Yogonet

Osaka casino resort opening delayed to autumn 2030; initial investment increases to $8.6 billion

In an announcement on Tuesday, the Osaka prefectural and municipal governments have confirmed a delay in the opening of the much-anticipated first casino resort in Japan, pushing the expected launch to around autumn 2030. Originally, when the local governments submitted their development plan to the central government in April 2022, the resort's…

Travel ・ 06 September 2023

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thecompanion.in

India’s Evolving Online Gaming Laws

Online gaming, betting, and gambling are activities that involve playing games or placing bets on the outcome of events using the internet or other digital platforms. These activities can be classified into two broad categories: games of chance and games of skill. Games of chance are those where the outcome is determined by random factors, such as…

Law ・ 21 August 2023

Review Journal

Macao regulators release July gaming revenue results

Macao casinos had their best month of 2023, one year after having their worst month of 2022. Macao's Gaming Inspection and Coordination Bureau on Tuesday reported gross gaming revenue of $2.075 billion (U.S), the most won in the special administrative region since January 2020. By comparison, the state of Nevada last week reported gaming win of…

Finance ・ 02 August 2023

Dazeinfo

Indian Online Gaming Market in Doldrums: 28% GST Could Be Disasterous

The latest announcement of a tax increase by the GST council on the online real money gaming industry has sent shockwaves through businesses like Dream11, MPL, Crickpe, Games24x7, and players in the industry. In fact, the move has apparently jeopardised their future growth plans and their existence. The GST council, led by the formidable Union…

Industry ・ 12 July 2023

medianews4u.com

How Will the Proposed Gambling Laws Affect Online Casinos

We all know how popular online gambling has become in all parts of the world. However, India has always been a country with specific gambling regulations. To be precise, for a long time, gambling has been a grey zone. Certain laws related to casinos were established in the past but did not apply to online gambling. The demand for online casinos has…

Industry ・ 02 May 2023

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Brand Equity

gambling sites ads: ETtech Exclusive: Ads of betting, gambling sites still in play on social media

are continuing to aggressively advertise on social media platforms despite India's new gaming regulations prohibiting betting and wagering of any kind. This also places the websites and companies that deal in this space in contravention of guidelines from the Ministry of Information of Broadcasting, in early April, directing media companies and…

Gambling Sites ・ 27 April 2023

Lexology

ERGO Analysing Development Impacting Business: Tamil Nadu Bans Online Gambling

1.1 The Tamil Nadu Prohibition of Online Gambling and Regulation of Online Games Bill 2022 (Bill) received the assent of the Governor of Tamil Nadu, Mr R N Ravi, on 7 April 2023. Pursuant to the Madras High Court striking down the Tamil Nadu Gaming and Police Laws (Amendment) Act 20211, the Tamil Nadu government constituted a fivemember committee…

Law ・ 24 April 2023

startupstorymedia.com

Controversial Statement by MoS IT: States Cannot Regulate Online Gambling on the Internet, Says Rajeev Chandrasekhar

The Minister of State (MoS) for Electronics and Information Technology, Rajeev Chandrasekhar, made a controversial statement on April 14, stating that it is futile for states to regulate online gambling as the internet falls under the jurisdiction of the Central government. Chandrasekhar referred to IT amendments that have established the basic…

Industry ・ 15 April 2023

The Japan Times

Osaka hits the jackpot in bid to become Japan’s first casino resort

Osaka on Friday won the right to host Japan's first casino resort, after the central government approved a plan that will bring gambling to the city's Yumeshima island in the latter half of 2029. During a government meeting on so-called integrated resorts, Prime Minister Fumio Kishida said he will award the license for casino gambling to the joint…

Travel ・ 14 April 2023

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Brand Equity

tamil nadu: Tamil Nadu governor gives assent to bill banning online gambling

Governor RN Ravi on Monday approved a long-pending Bill to ban online gambling, which includes online rummy and poker with stakes in the State. The legislation, called the Tamil Nadu Prohibition of Online Gambling and Regulation of Online Games Bill, also seeks to regulate online gaming including fantasy sports which may now need vetting by a…

Law ・ 11 April 2023

bqprime.com

TN Governor Gives Assent To Bill Banning Online Gambling

Tamil Nadu Governor RN Ravi has given his assent to a Bill banning online gambling which was adopted in March by the state Assembly for a second time, official sources said on Monday. Just after the Assembly adopted a resolution urging the central government and President to fix a time frame for state governors to approve Bills adopted by the…

Politics ・ 11 April 2023

India Legal

How to play at Trusted and Licensed Online Casinos

The online casino license is the one single element that can tell you right away what the nature of a gambling site or app is. At a glance, you can see if this is a safe place to play, or a predatory scheme of some sort. If you are going to play online casino games, make sure you do it only on properly licensed and trusted platforms. Always…

Law ・ 23 March 2023

iGaming Business

Japan casino picture slowly coming into focus

Japan will make a decision on applications for integrated resorts from Osaka and Nagasaki in the coming months, perhaps as soon as this month. Then authorities will decide the fate of one or more unissued IR licences, with the distinct possibility of a supplementary round of applications that could include prime sites Tokyo and Hokkaido. That's the…

Politics ・ 09 March 2023

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Should an International Online Gambling Project Enter the Indian Market? Legal Aspect

Today, India is one of the fastest-growing economies in the world, and its potential is just beginning to unfold. Speaking about the most popular business niche to which development India offers loyalty at the state level is the online gambling industry.What is the reason for such loyalty? First off, the absence of strict legislative regulation of…

Law ・ 09 February 2023

Sigma

Batumi increases casino fees to maximum level, angering operators

The city of Batumi in Georgia has doubled fees for gaming tables and slot machines, angering operators. Gambling licence fees in Georgia are administered by the central government, but additional table and slot machine fees are handled at municipal level. Fees for gaming tables are set between a range of GEL20000 (£6100/€6900/$7400) and…

Finance ・ 12 January 2023

Gambling News

India Introduces Online Gambling Legislation

Image Source: Shutterstock.com On Monday, the Indian government proposed the rules, which will be part of the Indian Intermediary Guidelines and Digital Media Ethics Code, due to concerns over the rising number of complaints of gambling addiction, especially among minors. For the first time, these regulations will oversee aspects of online gambling…

Law ・ 12 January 2023

iGaming Business

Batumi hikes casino taxes to maximum level

While general gambling licence fees in Georgia was administered by the country's central government, additional fees per gaming table or machine are applied at the municipal level, in this case by the Batumi City Assembly. These fees may be set within a range, with a minimum of GEL20000 (£6100/ €6900/ $7400) per gaming table up to a maximum of…

Law ・ 09 January 2023

iGaming Business

India creates rules for online gambling

The Ministry of Electronics and IT in India published amendments to its Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules to address online gambling. A consultation on the amendments will be open until 17 January. Under the rules, an online game is defined as any game played via the internet where a player "makes…

Industry ・ 05 January 2023

WRDW

India's online gaming boom prompts fears of gambling surge

B. Bhavani, a 29-year-old resident of India's southern city of Chennai, used to sneak out from her bed in the middle of the night to play online card games like rummy. She promised her husband several times she would quit, but she was already hooked. As her addiction worsened, Bhavani's savings started to disappear and debts began to mount. She and…

Industry ・ 28 December 2022

Financial Express

ED attaches Rs 213 cr for money laundering through online betting, gambling

The Enforcement Directorate has attached Rs 212.91 crore proceeds of crime (PoC) in cases where online betting and gambling sites/apps were used for money laundering and hawala transactions, Parliament was informed on Tuesday. In a written reply in the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary said the Directorate of Enforcement…

Incidents ・ 27 December 2022

rediff.com

Online Gaming: Age Verification Coming!

Gaming platforms will also be required to display a warning after a certain time of usage to reduce the risk of addiction. The ministry of electronics and information technology (MeitY) is close to finalising a policy to regulate online gaming and is likely to mandate an age verification mechanism and know-your-customer (KYC) norms for all…

Industry ・ 26 December 2022

The Hindu

Fighting the menace of online gambling

Tamil Nadu Governor R.N. Ravi has chosen to remain silent on the fate of the Tamil Nadu Prohibition of Online Gambling and Regulation of Online Games Bill even four weeks after the Ordinance on the same subject lapsed. There are several pieces of legislation awaiting the Governor's clearance, but the Bill in question is different from the rest. An…

Incidents ・ 26 December 2022

Republic World

'Online betting & gambling subject to 28% GST, legalisation not on cards': Centre tells RS

The Union Ministry of Finance stated on December 20 that there is no intention to legalise online gambling and that it is subject to 28% Goods and Services Tax (GST). "Actionable claims in the form of betting and gambling including those arising from online gaming attract 28% GST and the GST Act does not make the levy dependent on whether it is a…

Incidents ・ 21 December 2022

Brand Equity

enforcement directorate: Enforcement Directorate attaches Rs 213 crore for money laundering through online betting, gambling sites

has attached Rs 212.91 crore proceeds of crime (PoC) in cases where online betting and gambling sites/apps were used for money laundering and hawala transactions, Parliament was informed on Tuesday. In a written reply in the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary said the Directorate of Enforcement is investigating several…

Incidents ・ 20 December 2022

tradebrains.in

ED attaches Rs 213 cr for money laundering through online betting, gambling sites

The Enforcement Directorate has attached Rs 212.91 crore proceeds of crime (PoC) in cases where online betting and gambling sites/apps were used for money laundering and hawala transactions, Parliament was informed on Tuesday. In a written reply in the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary said the Directorate of Enforcement…

Incidents ・ 20 December 2022

Brand Equity

Explained: Tamil Nadu's New Law On Ban Of 'Games Of Chance' And Gambling

The Tamil Nadu government has stated that although only internet gambling has been outlawed in the state, no comprehensive ban on online games has been proposed. They are now asking Governor R. N. Ravi to sign a bill that will outlaw online gambling and govern online games with in state. S. Raghupathy, the state's law minister, noted that no…

Law ・ 18 December 2022

Review Journal

Disappointing gaming revenue in Macao continues to saddle Las Vegas company-owned operations in the Chinese region as a result of COVID-19 restrictions.

Macao reported another disappointing month of gaming revenue in November with the region reporting winning $374.4 million, a 55.6 percent decline from November 2021. Macao's Gaming Inspection and Coordination Bureau on Thursday said the region has had only one month - February - in which the region's 39 casinos made more money than they did a year…

Covid ・ 02 December 2022

mirchi9.com

Tamil Nadu to Shut Down Online Gambling

A landmark move by the Tamil Nadu government in India to shut down online gambling within the state is sparking fears of a massive uptick in illegal gambling operations in the state. An ordinance was agreed upon by the Tamil Nadu Cabinet last week, and pending the governor's approval, the new rule will roll out almost immediately. The new law comes…

Sports ・ 23 November 2022

The Quint

What Does India's Law Say About Online Gaming and Online Gambling?

On 16 November, the Madras High Court withdrew a batch of petitions challenging a Tamil Nadu state ordinance that bans online gaming and online gambling, after the state government said that the ordinance had not come into effect yet. Even as this happens, a central government-appointed task force has recommended a new nationwide legislation to…

Industry ・ 17 November 2022

Best Life

Lottery Winner Dresses as Mascot to Keep $30 Million Jackpot Secret

A lottery winner in China kept his jackpot a secret from his wife and child out of fear of making them lazy. Known simply as "Mr. Li," the man went to extraordinary lengths to hide his identity when claiming the 219 million yuan (US$29.9 million) prize in order to stay incognito and hide the winnings. "I didn't tell my wife and child for fear that…

Winnings ・ 07 November 2022

BBC

Gambling worry as India firms bet big on online games

Months after Faisal Maqbool stopped playing online games on his smartphone, he still struggles with temptation. Last year, the 31-year-old - a project coordinator with a construction firm - lost close to 400000 rupees ($5000; £4010) in five months while playing an online card game. These are multi-player games which deal you a set of cards and get…

Law ・ 30 October 2022

Gambling News

Osaka Reveals New Department to Fight Gambling Addiction

Osaka is determined to secure the rights to host Japan's first Integrated Resort project. To get there, it needs to demonstrate financial feasibility, long-term prospects, and a clear-cut regulatory framework that follows in the best principles outlined by the government. One such principle is commitment to tackling problem gambling. To this end,…

Gambling Addiction ・ 27 October 2022

The Hindu

Tamil Nadu bans online ‘games of chance’ and gambling

Online gambling and online games of chance have been banned in Tamil Nadu. At the same time, the other online games will be regulated. The ban covers rummy and poker, according to an ordinance promulgated by Governor R.N. Ravi on October 1, a copy of which was made available to this newspaper on Friday. A top government official said the date of…

Gaming Authorities ・ 26 October 2022

Review Journal

Macao travel restrictions continue to pummel Las Vegas Sands

Travel restrictions in Macao continued to drag on Las Vegas Sands Corp. earnings, but resiliency in Singapore had company officials feeling optimistic as they reported their third quarter results on Wednesday. The company reported a net loss of $239 million, 31 cents a share, on revenue of $1 billion for the quarter that ended Sept. 30. A year…

Travel ・ 21 October 2022

Journals Of India

Online Gaming and its regulations

Of the numerous things that the pandemic has changed in our lives, an obvious one is the way we entertain ourselves. Amid the proliferation of OTT channels and the rise in viewing hours what has gone unnoticed is the burgeoning use of online gaming. The average time spent on online gaming has gone up almost 65 per cent from pre-Covid levels. More…

Industry ・ 19 October 2022

Zee Business

Zee Business Exclusive Report: Govt mulls stricter norms, regulations on online gaming, betting, and gambling

The government is planning to tighten the noose around betting, online gaming, and gambling by imposing regulations to curb and bring them under legal purview, Zee Business Special Correspondent Tarun Sharma said in his exclusive report while speaking to Managing Editor Anil Singhvi. In a meeting convened under the chairmanship of the Home Affairs…

Industry ・ 10 October 2022

Business Standard

Online Gaming: Why India needs a central regulatory framework for online gaming?

To bring about uniformity in the industry, the central government is exploring the need for a central regulatory framework. The policymakers have begun consultations and discussions for such a framework, a report by Economic Times (ET) said. The regulator will have power to block unregistered gaming platforms. The operators will reportedly be asked…

Law ・ 10 October 2022

Great Andhra

IT doesn't differentiate Legal & Illegal Gambling

The Government Wants 30+ Percent of Your Gains No Matter Where You Got Them Wherever and however you have stricken a winning from playing whatever game, from a live casino entertainment, an online fantasy sports tournament, to a completely illegal chance draw, you owe to the government a substantial portion of it, which in practice is exceeding 30…

Law ・ 08 October 2022

The Covai Post

The Online Gaming (Regulation) Bill, 2022: A Welcome, but Insufficient Step in the Right Direction

Legislative Initiative Aimed at Boosting the Gaming Sector and Protecting the Players The Online Gaming (Regulation) Bill, 2022 was proposed as a private legislative initiative in the Lok Sabha on April 1 this year by MP Adv. Dean Kuriakose from Kerala. The draft bill is aimed at the creation of a regulated legal environment for gaming activities…

Law ・ 27 September 2022

Mint

India govt panel recommends stricter stance on online gambling. Highlights here

The central government should consider enacting a separate law to regulate online gaming as a'long-term measure' India should create a regulatory body to classify online games as based on skill or chance, introduce rules to block prohibited formats and take a stricter stance on online gambling, a government panel said in a report seen by Reuters.

Law ・ 15 September 2022

Crypto News Flash

Pros of Using Crypto at Online Casinos In 2022

Digital currencies are changing how we transact and consume products and services in the 21 century. Different industries across the world have already adopted the use of cryptocurrencies as an acceptable mode of transaction. The online casino sector is one of the industries that have taken the initiative to introduce crypto payments. Crypto…

Crypto ・ 22 August 2022

BW Businessworld

Cash Starved Meghalaya Bets On Boosting Revenues With Gambling Tourism-BW Partners

State Gov't Expects Tax and Employment Generation from Licensing Offline and Online Gaming. 1661157306_mfEjId_BusinessWorld_Cash_Starved_Meghalaya_Bets_on_Boosting_Revenues_with_Gambling_Tourism.jpg Last year, the'Abode of Clouds', as the scenic mountainous north-eastern state of Meghalaya is known, adopted a new Gaming Act and backed it up with…

Travel ・ 22 August 2022

ABP News Live

The Need To Regulate Online Gaming Has Entered India’s Political Agenda

In December last year, a member of parliament brought the attention of the house to the urgent need of adopting a comprehensive regulation over online gaming in India aiming to curb societal costs such as gambling addictions and financial ruin in citizens. Senior BJP leader and M.P. Sushil Kumar Modi spoke during the Rajya Sabha Zero Hour…

Politics ・ 16 August 2022

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Review Journal

Macao casino relicensing occurring as region recovers from shutodown of properties

Macao, the most lucrative casino gaming market in the world since 2006, is taking a page from an old Strip playbook. Remember those efforts to draw families to Las Vegas in the 1990s? Casino companies across the valley built thrill rides, roller coasters and Strip-front entertainment to attract audiences to their resorts. That's what's in store for…

Strategy Guide ・ 14 August 2022

The Critic

Does rugby league have a gambling problem?

It was Easter 2004, and two of Britain's top rugby league players stumbled upon one of the best betting opportunities of all time. Ahead of the top-of-the-table clash between Super League giants Bradford and St Helens, Sean Long and Martin Gleeson discovered that one of the sides would be fielding their reserve team. With the bookmakers…

Gambling Addiction ・ 07 August 2022

Financial Express

TDS Deduction on Online Gambling: How is TDS deducted on Online Gambling Sites?

TDS Deduction on Online Gambling Sites: Online gambling sites have to deduct TDS for payment of any amount over Rs 10000. Currently, there is no specific classification of assessees and codes for online gambling sites under the Income Tax Act. Therefore, activity-wise granular data in respect of taxes paid is not maintained by the Central Board of…

Gambling Sites ・ 03 August 2022

Yogonet

Japan: potential sale of Nagasaki's theme park raises confusion on the fate of a planned casino resort at the site

Reports that the Dutch theme park Huis Ten Bosch in Japan's Nagasaki Prefecture may be sold have led to uncertainty about the fate of a planned casino resort at the site. Travel agency H.I.S. ,the largest shareholder, has said it is negotiating with several entities. However, no timeline for a possible sale, nor the conditions under which the park…

Travel ・ 28 July 2022

Hub News

IAMAI Joins Online Gaming Industry Bodies in Warnings against Proposed GST Hike on Online Gaming

The Internet and Mobile Association of India (IAMAI) has issued an open letter urging the Central Government and the GST Council to preserve the status quo regarding Goods and Services Tax levy on online gaming. Currently, online gaming companies are charged 18 percent GST over their Gross Gaming Revenue (GGR) leaving the Contest Entry Fees (CEF)…

Industry ・ 28 July 2022

News Track Live

Online Gaming, Casinos, Lotteries and Horse Racing are Not the Same and Should be Treated Differently

A baccarat online game, or any other classic casino title for that matter, cannot be compared to an esports tournament. Casinos, lotteries and betting on horse races are seen as gambling, a practice with long ages of history just like the bullock cart. Such games are widely regarded as based on chance, as the winners are predominantly decided by…

Lottery ・ 28 July 2022

Review Journal

Macao casino reopen, but business continues to be slow and will be for some time

The good news for Macao's 41 casinos is that the government has allowed the properties to open their doors again. The bad news: Not many people are coming through them. The fact that tourists face a seven-day quarantine before being allowed into the region is one big reason for the lack of visitors, according to a source familiar with the situation…

Covid ・ 27 July 2022

NZ Herald

The counter argument for community-based gambling

I am all for informed debate on social issues. However, there appears to be a particular unwillingness to consider counter arguments on the well-worn debate about the role of community-based gaming machines in New Zealand. I am the CEO of Pub Charity which has operated gaming machines in Hawke's Bay since they were first approved for license in…

Lottery ・ 08 July 2022

Gambling News

Laos Considers Shifting Towards Online Gambling

The pandemic has been a time to stop and think about whether the traditional land-based gaming model works. Most have decided in favor, but this has not come without a shift of attitude towards the interactive gambling landscape. Largely seen as a good boost to the economy, online casinos are no longer the taboo they once were in even the most…

Gaming Authorities ・ 29 June 2022

The Assam Tribune

What the New Gaming Bill will Do to Prevent Gambling on Credit

On April 1, the Online Gaming (Regulation) Bill, 2022, was proposed in the Lok Sabha by adv. Dean Kuriakose, a member of parliament from the Indian National Congress representing the state of Kerala. The tabled Bill is quite progressive as it envisaged the abolishment of the century-and-a-half old ambiguous and blurry distinction between'games of…

Gaming Authorities ・ 28 June 2022

Business Standard

Online Gaming Bill 2022

The newly introduced gaming Bill, introduced in the Lok Sabha on 1st April 2022, correctly points out that India has around 420 million active online gamers with a valuation. of $1 Billion and the industry is stated to grow to $5 Billion by 2025. Given the exponential growth of the gaming industry and the lack of regulatory regime to control the…

Industry ・ 15 June 2022

East Mojo

From Blanket Bans to Blanket Regulations: Still No Differentiation on the Horizon

Blanket Online Gaming Regulation Bill Proposed After a period marked by skirmishes between state governments and high courts over the constitutionality of blanket bans on online gaming, resulting in a number of outright prohibitions to offer games online getting struck down by the judiciary system, the Online Gaming (Regulation) Bill, 2022, was…

Gaming Authorities ・ 10 June 2022

Live Law

Plea To Regulate Online Gambling By Constituting A Regulatory Body: Delhi High Court Issues Notice

The Delhi High Court has issued notices to the Central government and the Delhi government on a petition seeking regulation of online gaming by constituting a regulatory body to differentiate between a game of skill and a game of chance and decide what is permissible in law. A Division Bench of Acting Chief Justice Vipin Sanghi and Justice Sachin…

Law ・ 26 May 2022

New Indian Express

Online gaming will benefit from robust regulation- The New Indian Express

The ubiquity of technology has led to numerous new avenues of business-e-commerce, entertainment, education, communication, etc. This has called for the management of the respective sectors and the need for their regulation has been felt. One less noticed sector is the area of online gaming, which received a massive boost during the pandemic. As…

Law ・ 25 May 2022

Gambling News

Meghalaya Doesn’t Think Scrapping Gaming Act Is Good

The State of Meghalaya in India is likely to proceed with its legalization push, or rather the expansion of the current gambling operations in the state. Responding to criticism of the current way gambling is regulated in the state, state chief minister Conrad K. Sangma said on Saturday that a proposal to repeal the existing Meghalaya Regulation of…

Religion ・ 23 May 2022

Daijiworld

Meghalaya CM rejects demand to repeal gambling act

Shillong, May 22 (IANS): Meghalaya Chief Minister Conrad K. Sangma on Saturday ruled out repealing of the Meghalaya Regulation of Gaming Act, 2021, saying abolishing the act would incur loss of government revenue to the tune of Rs 8-10 crore. Responding to the demand to repeal the Meghalaya Regulation of Gaming Act, 2021 by the political parties,…

Law ・ 22 May 2022

Lexology

A general introduction to gambling law in Portugal

Under Decree-Law 422/89 (the Portuguese Gaming Law), games of fortune and chance are defined as those in which the result is contingent wholly or mainly on chance. Chance is the dominant factor for the purpose of this definition. The same definition of games of fortune and chance exists in Decree-Law No. 66/2015 (the Online Gaming Regime), but the…

Law ・ 11 May 2022

Gambling News

Thai Party Wants to See Gambling Legalized in the Country

Thailand wants to see its gambling industry expanded or, at least, this is what the Kla Party wants to achieve over the coming months. According to the party, there is a good reason to want and legalize gambling in the country. First and foremost, it would prove a vital lifeline for the economy and will crack down on an illegal gambling sector that…

Law ・ 02 May 2022

Vegas Slots Online

Nagasaki Votes Yes to Japan Casino, Wakayama Says No

The race for Japan's first casino resort is down to just Nagasaki, Osaka, and potentially Fukuoka, after Wakayama voted no to an IR. [Image: Shutterstock.com] Just seven days before the April 28 deadline for the selection of an integrated resort (IR) in Japan, the Assembly of the Nagasaki Prefecture approved its casino resort bill by a majority…

Travel ・ 21 April 2022

Main Ichi

Western Japan prefecture pulls out of bid to host casino resort

WAKAYAMA, Japan (Kyodo) -- The assembly of a western Japan prefecture on Wednesday voted down a bid by its government to host a casino resort, leaving now only two other candidate sites and dealing a further blow to the country's plan to stimulate the economy through the gambling industry. The rejection by the Wakayama prefectural assembly is the…

Travel ・ 20 April 2022

The Guardian

Backlash in Osaka as ‘Dream Island’ leads race to open Japan’s first casino

The focus of Japan's quest to open its first casino is a human-made island in Osaka that, if the city's government gets its way, will end decades of wrangling over the country's fraught relationship with poker tables and slot machines. On a recent weekday morning there was little to suggest that Yumeshima - "Dream Island" - could, by the end of the…

Travel ・ 12 April 2022

BW Businessworld

Karnataka HC Strikes Down State s Online Gambling Law Gaming Industry Leaders Reacts

These petitions had challenged the constitutional legitimacy of revisions made to the Karnataka Police (Amendment) Act that had prohibited all types of internet gaming where the move of money is involved. Amid the months-long controversy, the Karnataka High Court, on Monday struck down the state's online gambling law as unconstitutional. On…

Law ・ 09 March 2022

Techstory

What is the legal situation of Online Gambling in India?

Gambling is a part of Indian traditions; people play it on auspicious occasions with their families. Furthermore, India has a large population that frequently gambles. As a result, the country's annual gambling turnover is tens of millions. People bet in the land-based casinos and at homes with their families. In addition, people also gamble…

Covid ・ 16 February 2022

Black Immigrant Daily News

Gambling In Latin America

News Americas, NEW YORK, NY, Mon. Feb. 14, 2022: There are 33 countries officially listed in Latin America. They consist of Mexico, most of Central and South America. In addition, there are several Caribbean Islands as well. But while the Latin American population loves a flutter as much as anywhere else in the world, the regulations from country…

Malta ・ 14 February 2022

Odisha Bytes

Why Online Gaming In India Needs Regulation

Over the past few years, we have seen a massive shift in the way that people entertain themselves. The restrictions which were brought about in the previous two years, which prevented certain social gatherings, resulted in a rise in viewing hours and mobile device screen time. These increased viewing hours resulted in a massive increase in online…

Law ・ 14 February 2022

The News Minute

Online Casino Is Booming, Data Reveals Which Indian States Gamble The Most

Statisticians found that India's online gambling demographics are diverse, with just six major cities making up for two-thirds of all internet betting. As India's central government struggles to decide on gambling laws in the country, recent research by media companies shows that this is one of the largest unregulated gambling markets in the world,…

Law ・ 24 January 2022

Yogonet

Macau casinos seek to replace junket revenues amid crackdown, industry uncertainty

Casinos in Macau, the world's biggest gaming hub, now face uncertainty amid COVID-19 restrictions and an ongoing Chinese government crackdown on the profitable junket business. The enclave, which heavily relied on this market -by arranging transportation, accommodation and credit to gamble for VIP clients-, now looks to everyday gamblers for relief…

Finance ・ 24 December 2021

Macau Business

Macau’s Challenges: From Better Management of Casinos within Casinos to “Suitable” Economic Diversification

The recent closure of some VIP rooms and the emphasis on Macau-Hengqin cooperation can be analytically put together as a whole package of governing issues with implications for Macau: namely the effective transition from a much better and tighter management of some "casinos" within casino franchises to the formulation and implementation of…

Covid ・ 11 December 2021

EconoTimes

America and its gambling love story

Gambling is not just a fun way to pass the USA's time; it is a thriving industry. In terms of the volume of gambling, only a handful of countries can match the level of gambling in America. Over 85% of adult Americans have admitted to gambling at one stage or the other in their lives. America is ranked 2nd behind only China globally for online…

Sports ・ 07 December 2021

Kashmir Reader

Is Online Gambling Legal in Kashmir?

The public gambling act 1867 doesn't permit any gambling in the whole of India except where skill is needed. Considering that when this law was drafted the internet had not yet been invented, online gambling wasn't considered. The central government left it upon individual states in India to decide about the legality of online gambling. Kashmir…

Religion ・ 25 November 2021

Patch

Only One Las Vegas Casino Operator Remains In The Hunt For A Gaming License In Japan

MGM Resorts International took a major step Tuesday toward earning a Japanese integrated resort license when the city of Osaka endorsed the company's plans for the country's first large-scale casino. But the move may have closed the door for other Las Vegas-based casino operators. Osaka selected MGM Resorts and its Japan-based joint-venture partner…

Land-based ・ 06 October 2021

Firstpost

Karnataka Assembly passes three bills related to GST, town planning and online gambling

The Karnataka Goods and Services Tax (Amendment) bill, according to the state Law and Parliamentary Affairs Minister J C Madhuswamy, was in tune with the changes brought by the Central government to the Central GST law Representational image. AFP Bengaluru: The Karnataka Assembly on Tuesday passed Karnataka GST (Amendment) Bill, Town and Country…

Finance ・ 22 September 2021

Outlook

Karnataka Assembly passes three bills related to GST, T&P and online gambling

Bengaluru, Sep 21 (PTI) The Karnataka Assembly on Tuesday passed Karnataka GST (Amendment) Bill, Town and Country Planning (Amendment) Bill and the Karnataka Police (Amendment) Bill. The Karnataka Goods and Services Tax (Amendment) bill, according to the state Law and Parliamentary Affairs Minister J C Madhuswamy, was in tune with the changes…

Finance ・ 21 September 2021

Real Money

Macau's Casino Stocks, Near Record Lows, Face Specter of Tough License Reviews

Macau's casino stocks are at or near all-time lows after a savaging this week, but it isn't the time to be buying them just yet. You need to be an exceptionally brave speculator willing to play a little Chinese roulette. There's too much uncertainty to be able to derive any sensible value in these names. The spark for this latest selling is a…

Finance ・ 17 September 2021

The Shillong Times

India Online Gambling Laws and Regulations: Are They Adequate?

Being one of the most densely populated countries in the world, India has a large portion of its population interested in gambling. As every state in the country is independently deciding on the laws regulating the gambling sector, the main issue in India is the lack of unity between all states. Last year, the need for a uniform legal framework…

Law ・ 16 September 2021

Outlook

State government responsible to take action on online gambling websites: Centre to HC

State government responsible to take action on online gambling websites: Centre to HC outlookindia.com 1970-01-01T05:30:00+0530New Delhi, Aug 25 (PTI) The Centre has told the Delhi High Court that it is the state government which is responsible for taking action on online gambling websites and the Ministry of Electronics and Information Technology…

Gambling Sites ・ 01 September 2021

Lokmat Times

HC asks govt to respond to plea against online gambling sites

HC asks govt to respond to plea against online gambling sites English.Lokmat.com By IANS | Published: August 17, 2021 09:30 AM2021-08-17T09:30:03+5:302021-08-17T09:35:26+5:30 Next Prayagraj (UP), Aug 17 The Allahabad High has directed the central government as well as the state government to file their respective replies in response to a PIL…

Gambling Sites ・ 01 September 2021

News18

State Govt Responsible to Take Action on Online Gambling Websites: Centre to HC

The Centre has told the Delhi High Court that it is the state government which is responsible for taking action on online gambling websites and the Ministry of Electronics and Information Technology (MEITY) is not authorized to direct any intermediary to block such sites. The Centre's affidavit was filed before a bench of Chief Justice D N Patel…

Gambling Sites ・ 25 August 2021

Nikkei Asia

Yokohama mayor-elect deals Japan's casino dream a fresh blow -Nikkei Asia

ERI SUGIURA, Nikkei staff writer TOKYO -- The result of the Yokohama mayoral election on Sunday has cast another shadow over Japan's ambitions to build massive casino resorts, a drive that was already under strain due to the withdrawal of interest by key foreign players amid the COVID-19 pandemic. Takeharu Yamanaka, a former professor at Yokohama…

Covid ・ 24 August 2021

MediaNama

RTI: Union government considering "uniform approach" to online gambling regulation

The IT Minister's statement was in response to a letter written by the Andhra Pradesh CM requesting the government to ban online gambling sites due to concerns of addiction and suicide. You're reading it here first: The union government is considering a "uniform approach" to regulating online gambling and real money gaming, according to a letter by…

Law ・ 19 August 2021

The Hans India

Allahabad High Court asks govt to respond to plea against online gambling sites

Prayagraj (UP): The Allahabad High Court has directed the central government as well as the state government to file their respective replies in response to a PIL seeking ban on online gambling sites. The court further issued notices to officials of such websites, allegedly owned by Chinese nationals and involved in online gambling and duping money…

Gambling Sites ・ 17 August 2021

Casino News Daily

Casinos Austria Outlines Nagasaki Casino Resort Plan

Following its selection as the preferred developer of an integrated casino resort in Japan's Nagasaki prefecture, Austrian casino operator Casinos Austria has unveiled some details about its Japanese expansion plans. Nagasaki officials announced Tuesday that Casinos Austria International Japan Inc., a subsidiary of the Austrian firm, has been…

Travel ・ 12 August 2021

Asahi

Austrian casino operator wins bid for Nagasaki Prefecture resort

NAGASAKI--The Nagasaki prefectural government has awarded priority negotiation rights to an Austrian company for a planned casino-centered resort at the Huis Ten Bosch theme park in Sasebo in the prefecture. Prefectural officials expect to sign a basic agreement with Casinos Austria International Japan as early as this month, according to their…

Land-based ・ 12 August 2021

East Mojo

Will India regulate online gambling?

Millions of people residing in India engage in some form of gambling and many enjoy playing top casino games from the comforts of home. With the recent coronavirus pandemic, many people have been left at home, looking for ways to fill their time. The result has been a massive increase in the number of people playing casino games from home or on a…

Blackjack ・ 07 August 2021

Inc 42

Blocking Online Gaming Sites In India Technically Infeasible, Says Centre

The centre said many states have already imposed laws allowing online gaming sites The Delhi HC petition alleged that online gaming sites were involved in money laundering and encouraged gambling The centre also said it would need to be determined whether sites were operating games of skill or games of chance Responding to a Delhi High Court order…

Industry ・ 19 June 2021

Nikkei Asia

India's online gambling problem spurs calls for regulation -Nikkei Asia

NINAD D SHETH, Contributing writer NEW DELHI -- The coronavirus pandemic has left many in India stuck at home during a series of total and partial lockdowns, and such isolation, combined with some of the world's cheapest internet rates, has made it both tempting and easy to gamble online. For Arindam Mukharjee, a media professional, playing poker…

Law ・ 01 June 2021

Yogonet

China issues crackdown warning on cross-border gambling ahead of Chinese New Year

few days ahead of the Chinese New Year holidays, mainland Chinese authorities have urged Chinese nationals who are involved in cross-border gambling activities to turn themselves in, according to a notice co-drafted by the Supreme People's Court, the Supreme People's Procuratorate and the Ministry of Public Security. During a press conference…

New Year ・ 09 February 2021

Montreal Times

The control on online casinos

Gambling laws and control on online casinos is a very complex subject that is different in every country. You may find some countries that embrace the gambling world, whereas others do anything to completely ban it. Moreover, you can come across different jurisdictions that take on different approaches to online casinos. The US is one example where…

Gaming Authorities ・ 19 January 2021

Indian Television

What's the tax for online gambling?

As the deadline for filing income tax returns in India looms closer, many people are rushing to file their ITRs this month. The Central government has extended the deadline to December 31, 2020, and all taxpayers-yes, even online gambling players-need to submit their forms by that date, or a hefty fine awaits them. This doesn't include players who…

Finance ・ 19 January 2021