#Dream11

Mint

Mint Primer: The gamble with online gaming: ₹1.5 trillion in taxes?

The Directorate General of GST Intelligence (DGGI) is serving tax demands worth thousands of crores of rupees on online gaming firms. The demands are up to 10x the revenue of some firms. Why is it making such astronomical demands, and are they substantiated? On 12 September, the DGGI's show-cause notice to Mumbai-based Dream11 claimed GST in line…

Law ・ 27 September 2023

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

Yogonet

India approves 28% tax on online gaming, horse racing, and casinos; shares of gambling firms slide after decision

The Goods and Services Tax (GST) Council in India has passed a decision to levy a maximum 28% tax on the full face value of bets in online gaming, casinos, and horse racing. The decision was announced at the 50th Council meeting by Union Finance Minister Nirmala Sitharaman. Online gaming companies will now be required to pay a 28% tax on the entire…

Law ・ 13 July 2023

infotechlead.com

Shares of Indian casino and online gaming cos plummet

The imposition of a 28 percent tax on the money collected from customers by Indian gaming companies, including online gaming firms and casino operators, has had a significant impact on the industry. This move, announced by India's Goods and Services Tax (GST) Council, has resulted in a substantial decline in the value of shares for companies such…

Industry ・ 13 July 2023

Wild Casino

$5,000 Welcome Bonus

Deposit bonuses are optional and must be requested by the player when making a deposit. For example, use Promo Code WILD1 to a 100% Casino bonus. Your bonus request will be assessed and, if your account is eligible for the bonus, it will be added to your account immediately.

CNA

India's gaming, casino firms slide on tax blow

BENGALURU:Shares of Indian casino operator Delta Corp lost over a fifth of their value on Wednesday, while online gaming firms also dropped after the country's tax authorities imposed a 28 per cent tax on the money such companies collect from customers. These companies will now have to pay a 28 per cent tax on the entire amount collected from…

Finance ・ 12 July 2023

Aljazeera

India hits online gaming with 28% tax

Concerns have mounted over possible addiction and financial losses for players even as sector draws investors. India's government says it will impose a 28 percent tax on funds that online gaming companies collect from their customers in a setback to the $1.5bn industry. Gaming apps are often endorsed by sporting heroes in India, where cricket is a…

Industry ・ 12 July 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

Mint

Online gambling can earn you a jail term in Tamil Nadu, but what's next?

NEW DELHI: Tamil Nadu has banned online gambling, rekindling a campaign against gaming firms in India that has raged for over a year-and-a-half. The move came just three days after the Centre included gaming firms under its intermediary rules. Mint explains the controversy: What just happened in Tamil Nadu? After much back-and-forth (even within…

Law ・ 13 April 2023

RELATED LOCATIONS

Country

United Kingdom

Country

USA

Country

Indonesia

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

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

Brand Equity

online gaming regulations: Government plans complete oversight of all real-money online games: sources

Indian government's planned regulation of online gaming will apply to all real-money games after the prime minister's office overruled a proposal to only regulate games of skill and leave out games of chance, according to a government document and three sources. The much-awaited regulations are seen shaping the future of India's gaming sector which…

Law ・ 22 December 2022

Brand Equity

online gaming ban: Ban promotion of online gambling, Karnataka BJP MLA implores Centre

Former Karnataka law & education minister S Suresh Kumar has written to Union Ministers Amit Shah and Nirmala Sitharaman urging them to ban the promotion of online games involving monetary bets through advertisements, text messages, mobile calls and other forms of marketing. In separate letters, he said he was aware of the court rulings allowing…

Law ・ 18 December 2022

RELATED CATEGORIES

Category

Law

Category

Sports

Category

Industry

Category

Incidents

The News Minute

Is online gaming with real money legal or illegal in India?

The online gaming industry in India is a strange beast. On the one hand, it is one of the country's fastest-growing sectors; on the other hand, real money games involving money are banned in most Indian states. Despite the legal ambiguity surrounding the industry, a KPMG report predicted that online gaming would reach 29000 Crores in revenue by…

Law ・ 01 December 2022

bwdisrupt.businessworld.in

Four I Gaming Apps That Let You Win Real Money

As we move towards the last month of this year, festivity has already started with people looking out for new places for year-end trips, and events to be looked out for for Christmas & New Year celebrations. Start your early Christmas & New Year celebration by playing games and winning real money that you could utilise in planning year-end parties…

Sports ・ 28 November 2022

New Indian Express

Online gaming industry okay with 28 per cent GST if levied only on fee- The New Indian Express

NEW DELHI: The online gaming industry will be okay with a 28% GST if the tax is levied on the commission/fee earned by the platforms and not the total pooled amount. Roland Landers, CEO of the All India Gaming Federation (AIGF), on Thursday said if the government settles the valuation aspect of the GST in the industry's favour, it will be okay with…

Industry ・ 14 October 2022

US Sports

Indian group calls for cap on online gambling entry fees amid regulatory pressure

The growing popularity of real-money gambling, fueled by support from major cricketing figures, a sub-continental craze, has prompted regulatory efforts to tackle the risk of addiction, and reports of financial loss and suicides among young people. These games could represent up to 53% of a games market that is expected to reach $7 billion by 2026,…

Sports ・ 21 September 2022

RELATED BRANDS

Bingo.com

Parimatch Casino

FUN88

Betway

Paddy Power

Mint

What are the revenue streams of online gamers and how are they taxed?

Online gaming industry in India has seen unprecedented growth in the past few years. From live streaming of video games, to fantasy sports to online gambling, there are various types of online gaming that generate income. Users should know about the taxation of such revenue that varies depending on the nature of income. Income of professional…

Strategy Guide ・ 20 September 2022

US Sports

Skill or chance: Indian panel calls for regulator and new law for online gambling

Prime Minister Narendra Modi's panel of senior officials has been drafting regulations for the country's online gaming sector for months, where foreign investors such as Tiger Global and Sequoia Capital have backed gambling startups Dream11 and Mobile Premier League, very popular for fantasy cricket. The highly anticipated report is seen as key to…

Law ・ 15 September 2022

Asia Financial

India Calls for Online Gaming Crackdown

An Indian government panel said the country should create a regulatory body for online gaming to crack down on gambling and addiction. The confidential draft report calls for the creation of a new regulatory body under India's IT ministry to determine which online games qualify as games of skill and which are closer to chance-based gambling. India…

Industry ・ 15 September 2022

Mint

I-T dept's idea of gross winnings can kill online gaming

Recent reports indicate the Department of Income Tax is taking a look at the online gaming industry, and trying to assess possible tax evasion. Nitin Gupta, Chairman CBDT, has said a single online platform had ₹58000 crore in "gross winnings" over the last three years and the IT Dept is contacting winners to ask them to pay up tax dues. The…

Winnings ・ 07 September 2022

RELATED AFFILIATES

Casinofox

The Hindu BusinessLine

Why India’s online gaming industry desperately needs a regulatory architecture

India is one of world's biggest markets for online gaming. There are nearly 433 million online gaming app users and they are growing rapidly. Almost half of them are in the 15-64 age group. During the pandemic, the usage of these apps soared by 65 per cent. According to Sensor Tower Research, India had the world's highest number of game downloads…

Industry ・ 05 July 2022

Analytics India Magazine

What can SEBI learn from casinos?

In the past few years, the Securities and Exchange Board of India (SEBI) has aggressively invested in upgrading its technology to boost its market surveillance, investigations, and policymaking capability. Recently, the regulatory body showed interest in a system that helps Las Vegas casinos in keeping away tricky gamblers. Casino AI technology…

Finance ・ 27 June 2022

Business Today

Certain offshore online gambling companies involved in tax evasion: All India Gaming Federation

Following the Ministry of Information and Broadcasting's (I&B) advisory to print, electronic and digital media to refrain from advertising online betting platforms, the All India Gaming Federation (AIGF) said that certain offshore online gambling websites are not registered under the Central Goods and Services Tax Act, 2017 and do not pay…

Finance ・ 14 June 2022

Telangana Today

Dream11: Kashmiri youth wins Rs 2 crore jackpot

Srinagar: A youth from Jammu and Kashmir's Anantnag district became a millionaire overnight by winning Rs 2 crore in the online fantasy cricket platform Dream11. Belonging to Shalgam village in the Bijbehara area of Anantnag district, Waseem Raja said he can now treat his ailing mother. "I was fast asleep on Saturday late night, when some friends…

Winnings ・ 23 May 2022

The Siasat Daily

Dream 11: Kashmiri youth wins Rs 2 crore jackpot

Srinagar: A youth from Jammu and Kashmir's Anantnag district became a millionaire overnight by winning Rs 2 crore in the online fantasy cricket platform Dream11. Belonging to Shalgam village in the Bijbehara area of Anantnag district, Waseem Raja said he can now treat his ailing mother. "I was fast asleep on Saturday late night, when some friends…

Winnings ・ 22 May 2022

Punjab News Express

Kashmiri youth wins Rs 2 crore jackpot

SRINAGAR: A youth from Jammu and Kashmir's Anantnag district became a millionaire overnight by winning Rs 2 crore in the online fantasy cricket platform Dream11. Belonging to Shalgam village in the Bijbehara area of Anantnag district, Waseem Raja said he can now treat his ailing mother. "I was fast asleep on Saturday late night, when some friends…

Winnings ・ 22 May 2022

Business Standard

GoM calls for 28% GST on online gaming, casinos; tax likely on face value

An empowered group of ministers (GoM) - set up to look into taxation of online gaming, casinos and races - has unanimously proposed a flat 28 per cent goods and services tax (GST) on these activities. The panel of ministers, which met on Wednesday, also decided that the tax will be levied on the entire "face value" or "bet amount" and not on the…

Finance ・ 19 May 2022

Outlook

28 Percent GST On Online Gaming? Industry Reckons May 18 Could Be 'Doomsday'

May 18 could be D-Day for the online gaming sector. More specifically, for the real money gaming domain that operates in India in various "skill-based" forms like fantasy cricket, rummy, poker, roulette, ludo, and even snakes and ladders! () For years, the Centre has deflected the issue of gambling/betting to the states under whom the matter lies…

Industry ・ 17 May 2022

The Assam Tribune

The role that legislation has to play in curbing gambling addiction

Regulation around gambling in India is complex. Legal loopholes have been created by the ambiguity of the definitions of games of skill and games of chance and the fact that the relevant laws were created long before many current forms of gaming were created. This includes online betting and wagering on fantasy sports. One of the biggest downsides…

Law ・ 26 April 2022

Money Control

Online gambling ban: Karnataka govt approaches Supreme Court against HC judgement

The Karnataka government on March 29 moved the Supreme Court challenging the Karnataka High Court judgement that recently struck down the contentious provisions of the state's online gambling law. It has filed a special leave petition, contending that the regulatory amendments were needed against online gambling to maintain public order as…

Law ・ 30 March 2022

News18

Online Gambling Set to Make Comeback in Karnataka as HC Strikes Down Law as Unconstitutional

Online gambling was banned in Karnataka since last year The Karnataka High Court, on Monday February 14, quashed a recent law enacted by the state to ban online gambling, and stated that it was unconstitutional. This move comes as a huge relief to all the skill-based gaming platforms that had to close operations in Karnataka last year. The high…

Law ・ 17 February 2022

Mint

What to keep in mind while playing real money games online

Will India cross 5 crore covid cases? Will bitcoin be priced at ₹31,00000 at midnight of 2 February 2021? Will U Mumbai beat the Patna Pirates at Kabaddi? These are some of the questions that Better Opinions, a 4-month old startup with around 1.5 lakh downloads allows people to trade on. Better Opinions is backed by Y Combinator and recently raised…

Sports ・ 15 February 2022

MediaNama

There is no proposal to include online gaming with gambling: MeitY in response to a parliamentary question

The Indian government has no proposal to include online gaming under the category of gambling, Minister of State for Electronics and Information Technology Rajeev Chandrasekhar said in response to a question in the Rajya Sabha. The ministry said that "the government is aware of the growing number of online games available in India and also the…

Politics ・ 14 February 2022

Money Control

Karnataka HC strikes down state's online gambling law as unconstitutional

February 14, 2022 / 11:32 AM IST The Karnataka High Court, on February 14, struck down the state's recent online gambling law as unconstitutional, providing a major relief to the skill-based gaming firms that had shut down operations in the state. This judgement will likely pave the way for fantasy sports and gaming fifirms such as Dream11, Mobile…

Law ・ 14 February 2022

Money Control

Karnataka HC Concludes Hearing, Reserves Judgement In Online Gambling Ban Case

December 22, 2021 / 08:43 PM IST The Karnataka High Court has reserved its judgement after concluding the hearings from a series of petitioners that included industry associations, gaming companies and individuals who had challenged the constitutional validity of the state's new online gambling law that came into effect on October 5. Skill gaming…

Sports ・ 23 December 2021

The Jerusalem Post

Despite ban in Karnatak, India online casinos expect 3x growth in 2022

Recently Karnataka, a state in the southwestern region of India, has banned online gambling and related activities in the state. Although the state was a hub of online gamers and gaming startups, the ban may have only a slight impact on the online gaming market in India. Different state governments in India have different perspectives towards…

Rummy Games ・ 15 December 2021

Law Asia

Karnataka bans online gambling

The Karnataka Legislative Assembly has passed the Karnataka Police (Amendment) Bill, 2021, to ban online gambling and betting involving all forms of wagering, including in the form of tokens valued in terms of money paid before or after their issue. The act seeks to ban all gambling using electronic means and virtual currency, and electronic…

Law ・ 10 December 2021

Inc 42

Everything You Need To Know About Karnataka's Ban On Online Gaming

The online gaming industry has the potential to generate $2 Bn in revenues by 2023 and is currently valued at $1 Bn+ Despite the boom, Indian states are undecided on the legalisation of online gaming due to the indecisiveness of what comprises a game of skill or a game of chance While the governments of Karnataka, Kerala, Tamil Nadu, Odisha and…

Strategy Guide ・ 03 November 2021

The Hindu BusinessLine

No interim relief for petitioners challenging Karnataka’s online gambling law

Karnataka High Court has not given any interim order in the ongoing hearing of six petitions challenging the State's new anti-gambling law. The next hearing on these petitions will now take place after Diwali in November 2021. Six petitions have been filed by gaming companies and industry bodies including the All Indian Gaming Federation (AIGF),…

Law ・ 28 October 2021

Inc 42

Exclusive: MPL Moves Office To Delhi Post Online Gambling Ban

MPL's shareholders have approved the shifting of the company's registered office in Bengaluru's Hobli to Delhi's Barakhamba Road Following the ban, MPL was one of the first fantasy sports platform to have pulled the plug on its operations Last month MPL entered the unicorn club after raising $150 Mn in its Series E round from Legatum Capital,…

Sports ・ 27 October 2021

MediaNama

Karnataka online gambling ban: Dream11 moves court to quash FIR

Weeks after an FIR led to Dream11 stopping its services in Karnataka, the fantasy sports app's founders Bhavit Sheth and Harsh Jain have moved the Karnataka High Court seeking to quash the FIR. According to a report by The News Minute, the two founders filed a writ petition before the court on October 22. The FIR prompting Dream11 to exit the state…

Sports ・ 26 October 2021

Money Control

No Arrests To Be Made Under New Gambling Law, Says Karnataka High Court

October 22, 2021 / 02:25 PM IST The Karnataka High Court on October 22 told the Advocate General appearing on behalf of the state government not to make arrests under the new online gambling law that faces legal challenges from several gaming firms. Appearing for All India Gaming Federation, a skill gaming industry body that has challenged the law,…

Law ・ 22 October 2021

Money Control

Junglee Games Files Petition In Karnataka HC Against Gambling Ban

October 18, 2021 / 07:16 PM IST Junglee Games, which operates Junglee Rummy, Junglee Teen Patti, and fantasy gaming platform Howzat, is the latest firm to approach the Karnataka High Court appealing against the state's online gambling law that came into effect on October 5. Online betting giant Flutter Entertainment, which was created by the merger…

Law ・ 18 October 2021

News18

India Needs Better Regulation to Differentiate Online Gaming from Online Gambling

China, South Korea and Japan are among the many countries that have enacted strict laws to protect minors from video game addiction, writes Shashidhar KJ. (Photo: Reuters) Beijing has enacted new laws to curb video game addiction amongst minors in China and now gamers under the age of 18 will be banned from playing games from 10 pm to 8 am. Gamers…

Law ・ 16 October 2021

Money Control

Karnataka Gambling Ban: No Significant Impact On Delta Corp's Online Skill Gaming Business

October 13, 2021 / 05:07 PM IST Ace investor Rakesh Jhunjhunwala-backed casino and hospitality firm Delta Corp doesn't expect Karnataka's recent gambling ban to have an impact on its online skill gaming operations. Delta Corp currently operates an online poker site Adda52 and rummy platform Adda52Rummy through its subsidiary Gaussian Networks.…

Industry ・ 13 October 2021

Business Standard

Skill gaming startups caught in Karnataka's online gambling ban

For sectors like'online gaming' and'cryptocurrency', one word that best describes the present regulatory scenario is'ambiguous'. Both sectors are booming in India, but governments have their concerns related to user safety. This dilemma played out again recently, with Karnataka notifying a law to ban and betting. The law provides for up to three…

Sports ・ 12 October 2021

MediaNama

Karnataka online gambling ban: Dream11 shuts down operations in state

Dream11 has decided to suspend its operations in Karnataka to ensure the safety of users following the ban on online gambling in Karnataka, the company said in a statement to the press. The move comes days after an FIR was filed against the founders of the company for flouting the state's ban. The Karnataka government passed an amendment to its…

Sports ・ 11 October 2021

The Indian Express

Days after ban on online gambling in Karnataka, case lodged against Dream 11

Days after the Karnataka government notified amendments to the Karnataka Police Act, 1963, which seeks to ban online gaming and curtail online gambling, a case has been registered against Dream 11, an online fantasy sports platform in Bengaluru. This is probably the first case registered after modifying the law to curb online gaming. On October 7,…

Sports ・ 09 October 2021

Mangalorean

Gambling in India, Online or offline?

Recently, there have been debates on various hot topics like bitcoins, online education, industry laws, etc. Today, an engrossing topic that catches attention everywhere is gambling. Undoubtedly, gambling has always been considered a fascinating subject in India for a long time. Gambling can be considered as a "game of skill" since it is a…

Roulette ・ 08 October 2021

Money Control

MPL, Games24x7, AIGF Approach Karnataka High Court Against Gambling Ban

Skill gaming industry body All India Gaming Federation along with real-money gaming firms Mobile Premier League (MPL), Games24x7, A23(Ace2Three), and Gameskraft have approached the Karnataka High Court appealing against the state's online gambling law that came into effect on October 5. These firms have filed writ petitions in the Karnataka High…

Law ・ 08 October 2021

Play Dragons Fire Slots

Super Slots Casino 300% up to $2000 Welcome Bonus! Sign Up to Play

Brand Equity

View: Online gaming industry is not dicey, give gambling a chance

For an economy that's made Digital India its mantra, the ban on online gambling in Karnataka - its capital Bengaluru being India's digital hub, no less - from October 5 seems turning the wheel in the wrong direction. According to a 2021 ENV (Esse N Vidari) Media study (bit.ly/ 3lkZxt4), Indian gamers spent some $1.73 billion (₹13000 crore) in…

Industry ・ 08 October 2021

Money Control

Karnataka Gambling Law: MPL & Other Gaming Startups Block Users From Playing Real Money Games

October 06, 2021 / 08:36 AM IST Real-money gaming startups have started blocking access to residents in Karnataka after the state government notified the online gambling law with immediate effect on October 5. Gaming platform Mobile Premier League (MPL), which hosts online tournaments across more than 70 mobile games, has updated its terms and…

Law ・ 06 October 2021

Trak.in

This State Bans All Forms Of Online Gambling: Pay Rs 1 Lakh Fine If You Gamble Online

The Karnataka government has banned all forms of gambling in the state. This includes online games which involve an entry fee or registration fee. The bill now makes gambling a cognisable and non-bailable offence. Those charged will face a three-year jail term (changed from 1 year) and a fine of up to Rs 1 lakh. Those found to be operating,…

Sports ・ 05 October 2021

TalkEsport

Karnataka Proposes Ban on Online Games Involving Betting and Gambling

The government of the Southern State of India - Karnataka, Home to India's Silicon Valley aka Banglore, has proposed a law to ban online games and gaming activities involving elements of wagering and gambling in an effort to curb the increasing gambling addiction among the rural youth population. The Karnataka government has moved a bill proposing…

Law ・ 04 October 2021

MediaNama

Karnataka's bill banning online gambling makes industry stakeholders unhappy

The Karnataka legislative assembly's lower house on September 21 evening approved a bill banning all betting and gambling by passing the Karnataka Police (Amendment) Bill, 2021, which MediaNama obtained and summarised last week. The law drew rebukes from industry players and their associations, and legal experts cast doubt on whether the law would…

Industry ・ 23 September 2021

Money Control

How Karnataka's Online Gambling Bill Could Impact Skill-based Gaming Startups

Karnataka's proposed amendment to ban online gambling could have major implications on Indian skill-based gaming startups, since it brings them under the ambit of the regulation by removing the distinction between game of skill and game of chance, according to industry experts. Karnataka's legislative assembly had tabled the bill on Friday to amend…

Sports ・ 21 September 2021

The Hindu

Karnataka Bill banning online gaming will hurt Indian start-ups: CAIT

A file photo of video gamers at the Penny Arcade Expo, a fan-centric celebration of gaming in Seattle, US. | Photo Credit: AP Confederation of All India Traders (CAIT), which represents eight crore traders and over 40000 trade associations, said that the Karnataka Police (Amendment) Bill, 2021, tabled in the legislative Assembly to ban online…

Industry ・ 21 September 2021

Bangalore Mirror

karnataka: Traders miffed with online gaming ban

Confederation of All India Traders (CAIT), the powerful trade body that represents 8 crore traders and over 40000 trade associations, said that a proposed bill in the Karnataka assembly to ban online gaming will hurt the Indian startup sector, the Indian gaming and animation industry and millions of Indian gamers and e-sports players. The Karnataka…

Industry ・ 21 September 2021

The Hindu BusinessLine

Gaming industry optimistic about upcoming Karnataka Draft Bill on online gambling and betting

As Karnataka inches towards banning online gambling and betting, industry groups representing gaming start-ups are optimistic that the State Bill will make the distinction between the game of skills and game of chance, going by the definition of the online game shared by Law and Parliamentary Affairs Minister, JC Madhuswamy. The Karnataka Draft…

Industry ・ 09 September 2021

TaxScan

GST on online Gaming: Are you game?

With virtual reality ruling all aspects of our lives, gaming is no exception. Owing to the pandemic, not only adults, playground for kids has also shifted on the screens. The online gaming industry in India has seen exponential growth in terms of both, revenue and usage. It is anticipated that the online gaming industry would grow at a compounded…

Industry ・ 04 September 2021

Money Control

Nazara Technologies Eyes Bigger Pie Of Online Skill Games With OpenPlay Acquisition

Industry ・ 31 August 2021

The Kashmir Monitor

Online Gaming Growth in India Shows Need for Regulation

Across the Subcontinent, consumers have flocked to online and mobile games, with real-money and casual gaming topping rankings. The Centre's hesitant stance on regulation has left most States with no guidance on a sensitive subject like online gambling. India has surpassed 750 million active internet users in the past year, almost all via mobile.…

Law ・ 23 August 2021

The Shillong Times

GST Council Sets to Tackle Ambiguous Taxability Issues of Casino and Online Gaming Platforms

Navigating the complex and dynamic Indian legal, taxation and court practice landscape concerning activities like betting, gambling and lottery requires the help and expertise of top specialists. The government is taking steps to assess the situation in view of recommending regulatory changes. India's Goods and Services Tax (GST) Council has formed…

Law ・ 22 July 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

Qrius

UPI Payment Option makes Online Casinos More Popular in India

UPI is the most common payment model used by Indians, whether it is shopping at a grocery store or paying at an expensive restaurant; UPI has gained popularity among many Indian users due to its simplistic approach. Even many online casinos have adopted UPI transactions and free players from waiting for days to get approval for their deposits or…

Payment Methods ・ 18 May 2021