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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
Mint Primer: The gamble with online gaming: ₹1.5 trillion in taxes?
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
Indian Online Gaming Market in Doldrums: 28% GST Could Be Disasterous
Wild Casino
knownews.in

E-Gaming Federation announces to challenge Tamil Nadu regulation to ban online gaming

E-gaming Federation will challenge a regulation issued by the Tamil Nadu government to ban online gaming as it categorizes rummy and poker as games of chance, the industry association said on Wednesday. E-gaming Federation (EGF), whose members include Games24x7, MPL and Junglee Games, cited a Supreme Court ruling that, according to the industry…
Industry
E-Gaming Federation announces to challenge Tamil Nadu regulation to ban online gaming
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Zee Business

GST on online gaming, gambling: Experts say predictable, progressive taxes key to make India global gaming hub

A clear and consistent approach to personal taxation is necessary for realizing India's vision of making AVGC (Animation, Visual Effects, Gaming and Comics) a high-growth sector, experts said. A high incidence of Tax Deducted at Source (TDS) to the tune of 30 per cent on gaming income is creating an incentive for offshore platforms that are not…
Law
GST on online gaming, gambling: Experts say predictable, progressive taxes key to make India global gaming hub
The News Minute

Why online casinos, gambling, and betting are being banned in TN

The real-money gaming industry in India has been in the news over the past few months. The sector was brought into the limelight recently after the Tamil Nadu Cabinet, on September 26, approved an ordinance banning all forms of online skill games within the state. On October 8, the State Governor, RN Ravi, signed and approved the ordinance. On…
Law
Why online casinos, gambling, and betting are being banned in TN
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
Is online gaming with real money legal or illegal in India?
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Mint

Tamil Nadu Cabinet approves ordinance to ban online gambling in state. Read here

The Tamil Nadu Cabinet on Monday approved an ordinance to ban online gaming int he state. On getting the Tamil Nadu governor's approval the ordinance would be promulgated in the state. The development comes after the Supreme Court of India had issued notice on 10 September on a petition filed by the Tamil Nadu government challenging the Madras High…
Law
Tamil Nadu Cabinet approves ordinance to ban online gambling in state. Read here
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
Mint

Highest tax slab on online gaming may stunt growth

NEW DELHI: The government's plan to levy the highest goods and services tax (GST) slab on online gaming has the industry worrying about future growth plans. Industry experts and executives said that it could stunt the growth of online gaming firms and force fantasy sports firms to reduce the prize pools they offer, which could drive their big users…
Finance
Highest tax slab on online gaming may stunt growth
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Mint

Online Gaming, Casino, Horse Racing To Soon Attract 28% Gst

18 May seems to be a D-Day for the online gaming sector as the Group of Ministers (GoM) has unanimously decided to impose 28% Goods and Services Tax (GST) on casino, race course and online gaming services. All kinds of online gaming will attract a GST of 28%, according to a CNBC-TV18 report. The structure on which GST will be levied has also been…
Industry
Online Gaming, Casino, Horse Racing To Soon Attract 28% Gst
The Free Press Journal

Online gaming industry pitches for retaining 18% GST

At present, services of casinos, horse racing, and online gaming attract 18 percent GST./Representative image | The online skill-based gaming industry has made a case for retaining the service under the 18 percent GST slab instead of putting it into the highest 28 percent tax rate category, saying the move will badly hit the $2.2-billion…
Industry
Online gaming industry pitches for retaining 18% GST
CNBC TV 18

Online Gaming Industry Urges Government To Retain 18% Gst

The online skill-based gaming industry has made a case for retaining the service under the 18 percent GST slab instead of the 28 percent tax rate category, saying the move will badly hit the $2.2-billion sector. The increase in taxation would not only have a catastrophic impact on the industry, but also encourage offshore operators who would…
Industry
Online Gaming Industry Urges Government To Retain 18% Gst
Devdiscourse

Online gaming industry pitches for retaining 18 pc GST

The online skill-based gaming industry has made a case for retaining the service under the 18 percent GST slab instead of putting it into the highest 28 percent tax rate category, saying the move will badly hit the USD 2.2-billion sector. The increase in taxation would not only have a catastrophic impact on the industry but also encourage offshore…
Industry
Online gaming industry pitches for retaining 18 pc GST
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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
Online gambling ban: Karnataka govt approaches Supreme Court against HC judgement
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
Karnataka HC Strikes Down State s Online Gambling Law Gaming Industry Leaders Reacts
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
Online Gambling Set to Make Comeback in Karnataka as HC Strikes Down Law as Unconstitutional
MediaNama

Karnataka online gambling ban struck down on constitutional grounds

The Karnataka Police (Amendment) Act 2021 which banned online gaming (with stakes) and betting in the state, has been struck down by the Karnataka High Court (HC) as unconstitutional, according to a LiveLaw report. The verdict was pronounced by a division bench of Chief Justice Ritu Raj Awasthi and Justice Krishna S Dixit. The bench clarified that…
Law
Karnataka online gambling ban struck down on constitutional grounds
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
Karnataka HC strikes down state's online gambling law as unconstitutional
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
Karnataka HC Concludes Hearing, Reserves Judgement In Online Gambling Ban Case
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
No interim relief for petitioners challenging Karnataka’s online gambling law
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
Karnataka online gambling ban: Dream11 moves court to quash FIR
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
No Arrests To Be Made Under New Gambling Law, Says Karnataka High Court
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
Junglee Games Files Petition In Karnataka HC Against Gambling Ban
ABP News Live

Karnataka: AIGF, Gaming Companies Move High Court Challenging Online Gambling Law

Chennai: The All India Gaming Federation (AIGF), a skill gaming industry body, along with four other real-money gaming companies have moved the Karnataka High Court challenging the state government's online gambling law that came into effect on October 5. According to a report in Moneycontrol, the firms, Mobile Premier League (MPL), Games24X7, A23…
Law
Karnataka: AIGF, Gaming Companies Move High Court Challenging Online Gambling Law
The Hindu BusinessLine

Industry appeals Karnataka high court against online gambling law

All Indian Gaming Federation (AIGF), Mobile Premier League, Games24x7, Gameskraft and Head Digital Works Private Limited have filed writ petitions in the Karnataka High Court against the State's online gambling law. All five petitions were filed on Thursday, October 7. The Karnataka Police (Amendment) Compliance Act, 2021, which was notified on…
Law
Industry appeals Karnataka high court against online gambling law
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
MPL, Games24x7, AIGF Approach Karnataka High Court Against Gambling Ban
BW Businessworld

Karnataka Govt Bans Online Gaming To Stop Digital Gambling Causes Uproar

Chief Minister Basavaraj Bommai said the proposal is not valid for online games that strictly comply with the "game of skills". 1630347669_u3u7wF_Untitled_design_17_.jpg Amid all the controversy and flak from the gaming industry, the Karnataka Assembly has passed an amendment to the Karnataka Police Act, 1963, which seeks to ban online gaming and…
Industry
Karnataka Govt Bans Online Gaming To Stop Digital Gambling Causes Uproar