#Roland Landers

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AIGF applauds CCPA advisory against illegal online gambling endorsements by celebrities

The All India Gaming Federation (AIGF) has praised the Central Consumer Protection Authority (CCPA) for its advisory warning celebrities and influencers against promoting betting and gambling firms. This advisory, issued under the Consumer Protection Act, aims to crack down on the proliferation of advertisements promoting illegal offshore gambling…
Law
readwrite.com

India eyes $1.7 billion online gambling tax after controversial levy

India is aiming to collect around 140 billion rupees ($1.7 billion) in tax over the next financial year from online gambling operations. As reported by Reuters, Revenue Secretary Sanjay Malhotra set out the proposed return on tax in the 2025 financial year. He indicated the government expects to receive around 75 billion rupees for the current…
Industry
India eyes $1.7 billion online gambling tax after controversial levy
Super Slots
The Tribune India

India introduces 28% tax on online gambling sector

Since last July, the government of India has announced its intention to levy a 28 percent tax on funds collected by online gaming companies from their customers. The decision could be considered to become a significant blow to the thriving online gaming sector in India. This decision has also sent shockwaves throughout the gaming community. The 28…
Industry
India introduces 28% tax on online gambling sector
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
India approves 28% tax on online gaming, horse racing, and casinos; shares of gambling firms slide after decision
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Gambling News

Lawmakers in India Consider Imposing 28% Tax On Online Gambling

Image Source: Shutterstock.com The growing gambling industry in India may be subject to a new, increased tax rate, following a decision made by lawmakers Tuesday. The country's Goods and Service Tax Council, the regulatory body in charge of recommendations to the implementation of the Goods and Services Tax (GST) confirmed it has agreed to…
Law
Lawmakers in India Consider Imposing 28% Tax On Online Gambling
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
India hits online gaming with 28% tax
Forbes India

Can The Gatekeepers For Online Gaming Help Curb Betting, Gambling?

The online gaming industry has seen a fair share of turmoil over the past few years, especially due to the absence of a nodal ministry and a national regulatory framework. The last week, in particular, saw several developments related to the sector that have players with a skin in the game keeping a close watch. The government issued regulations to…
Industry
Can The Gatekeepers For Online Gaming Help Curb Betting, Gambling?
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
tamil nadu: Tamil Nadu governor gives assent to bill banning online gambling
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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
India Introduces Online Gambling Legislation
sightmagazine.com.au

"A need for regulation": As Indians take up online games, gambling fears grow

B Bhavani assured her father she would quit online card games - a promise she had made several times before as her family in southern India fretted about her mounting debts. A few hours later, the 29-year-old took her own life. Bhavani, who was married with two young children, had racked up losses that her husband estimated at more than a million…
Law
"A need for regulation": As Indians take up online games, gambling fears grow
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The Star

As Indians take up online games, gambling fears grow

CHENNAI, India: B. Bhavani assured her father she would quit online card games - a promise she had made several times before as her family in southern India fretted about her mounting debts. A few hours later, the 29-year-old took her own life. Bhavani, who was married with two young children, had racked up losses that her husband estimated at more…
Law
As Indians take up online games, gambling fears grow
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
What Does India's Law Say About Online Gaming and Online Gambling?
Hindustan Times

TN governor approves ordinance banning online gambling in state

Tamil Nadu governor RN Ravi on Friday gave his assent to an ordinance to ban online gambling and regulate online gaming in the state. Following his assent, the Tamil Nadu prohibition of online gambling and regulation of online games ordinance, 2022 came into effect. The prohibitions include online gambling, playing online games of chance (namely…
Politics
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
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Ummid

Is it legal to Gamble Online in India? Take a look at Regulations

New Delhi: India's online gaming industry has seen huge growth in the last few years. But is it legal to gamble online in the county? IANS take a look at how the gaming market is regulated and has evolved in the country. For the records, there are only three states where iGaming is regulated in India. These are the states of Goa, Daman, and Sikkim.…
Law
Yogonet

India: Tamil Nadu passes bill to ban online gambling and regulate online gaming

India's state of Tamil Nadu has passed a bill to ban online games of chance or gambling. The bill was introduced byTamil Nadu Law Minister Sevugan Regupathy in the state assembly on Wednesday. As per local media reports, the bill has been introduced for banning online gambling platforms, including rummy and poker. The state is set to announce in…
Law
India: Tamil Nadu passes bill to ban online gambling and regulate online gaming
Deccan Herald

Tamil Nadu Moves Towards Banning Online Games of Chance and Gambling

The state of Tamil Nadu has now banned online games of chance or gambling. Other online games will also be regulated. The ordinance was signed by Governor RN Ravi on October 1st and when the ban will take effect will be announced in the coming days. Online gaming has been gaining so much following not only in Tamil Nadu but the whole of India.…
Rummy Games
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
TechCircle

Online gaming industry prepares court challenge against TN gambling ordinance

The online gaming industry is planning to challenge the Tamil Nadu ordinance that seeks to ban online gambling and regulate online gaming in the state. The ordinance was passed by the state government on Monday, October 3. Stakeholders and lawyers with knowledge of developments said that the ordinance "goes against many years of established court…
Industry
Online gaming industry prepares court challenge against TN gambling ordinance
Sigma

AIGF welcomes India’s call for ban on online gambling media ads

The All India Gaming Federation (AIGF) has welcomed the Indian government's call to television and digital media to stop showing ads for online gambling sites. The Ministry of Information and Broadcasting put out an advisory earlier this week, saying such sites pose significant financial and socio-economic risks for consumers, especially youth and…
Law
AIGF welcomes India’s call for ban on online gambling media ads
ANI

AIGF lauds Ministry of Information and Broadcasting (MIB) on issuing an advisory on Advertisement of illegal offshore gambling platforms

New Delhi [India], October 5 (ANI/PNN): The Ministry of Information and Broadcasting (MIB) has issued an advisory on. In the advisory, the ministry said such sites pose significant financial and socio-economic risks for consumers, especially youth and children and has asked private television channels, digital news publishers and OTT platforms to…
Sports
AIGF lauds Ministry of Information and Broadcasting (MIB) on issuing an advisory on Advertisement of illegal offshore gambling platforms
Entrackr

Tamil Nadu cabinet finalizes ordinance to stop online gambling

The Tamil Nadu government on Monday announced that the state's cabinet had passed an ordinance to address online gambling. "As the honorable Chief Minister announced on 10th June 2022 in the legislative assembly, to ensure the enactment of a new law in order to thwart gambling, a committee was formed under the leadership of retired Madras High…
Law
Tamil Nadu cabinet finalizes ordinance to stop online gambling
New Indian Express

GST Panel may not treat online gaming as gambling- The New Indian Express

NEW DELHI: The Group of Ministers (GoM) on casinos, race courses and online gaming are open to considering different rates and valuation methods for all three games. This necessarily means that the GoM may have agreed to the demand for not treating the online gaming industry as betting or gambling. The shift in the stance of GoM happened after its…
Industry
Financial Express

GST on Online Gaming: GoM to tax casinos, gaming and horseracing separately

The Group of Ministers (GoM) on Monday decided to tax horse racing, online gaming and gambling separately, delivering a win for the gaming industry. While the GoM is still undecided and has seeked legal opinion before submitting the final report of the goods and services tax (GST) levied on the industry, the report will no longer club online gaming…
Finance
GST on Online Gaming: GoM to tax casinos, gaming and horseracing separately
Business Today

GST on online gaming, casinos and horse racing soon, might be put in 28% slab

The Group of Ministers (GoM) met on Monday in New Delhi to talk about levying GST on online gaming, casino and horse racing. The GoM is open to considering all three games as different and is further looking at legal opinion on the applicable rate and valuation base that will be considered for levying GST on all three formats. Meghalaya Chief…
Industry
GST on online gaming, casinos and horse racing soon, might be put in 28% slab
The Hitavada

The spike in online gaming may lead to increased gambling addiction

With the rate at which online gaming is gaining momentum in India, many are getting worried about the risk of increased problem gambling. Last year, a 31-year-old construction project coordinator, Faisal Maqbool, lost around INR 400000 ($5000) within five months of playing a card game online. But it wasn't just any type of card game, it was a…
Industry
The spike in online gaming may lead to increased gambling addiction
SME Futures

The GST conundrum: A super hard level for the Indian online gaming sector

Uncharted, Evil Dead, Overwatch, Genshin Impact…these are not Hollywood films, but online games that give you a high adrenaline rush every time you dive into them. Every year, the number of online gamers in India surges due to the popularity of these visually enticing, heart-pounding games. According to EY research, the number of online gamers…
Industry
The GST conundrum: A super hard level for the Indian online gaming sector
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
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
Money Control

Gaming firms resume services after Karnataka lifts ban on online gambling

February 16, 2022 / 09:06 PM IST Many online gaming firms have resumed services in Karnataka after the state's High Court, on February 14, struck down the provisions of the Karnataka Police Act that deals with online gambling as unconstitutional. On October 5 last year, Karnataka government had notified the online gambling law with immediate…
Sports
Gaming firms resume services after Karnataka lifts ban on online gambling
Punjab News Express

Single tax rate for online gaming ‘desirable’ to avoid litigation: report

In May, a seven-member group of ministers (GoM) was convened by the GST Council to examine and address taxation issues related to the online real money games India sector. One of the issues was the different tax rates levied to the segments under the umbrella of gambling. For instance, the standardized goods and services tax (GST) places a 28…
Finance
Single tax rate for online gaming ‘desirable’ to avoid litigation: report
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
Deccan Herald

Gaming is not gambling, trade bodies telling govt

The gaming industry wants the Karnataka government to define'games of chance' and'games of skill' in the wake of a new law banning online gambling. During the recently concluded monsoon session in both houses the state legislature, the government passed a law which the gaming industry, predominantly based in Bengaluru, believes will impact it…
Law
Gaming is not gambling, trade bodies telling govt
Hindustan Times

Companies may move court against govt ban on online gambling and games

With the Indian Premier League (IPL) still going on, gaming companies were caught off guard as Karnataka government ban on online gambling and games was notified on Tuesday. A number of online gaming companies are dependent on the IPL as it brings a significant chunk of the revenue. Companies are now looking for a legal recourse to challenge the…
Covid
Companies may move court against govt ban on online gambling and games
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
Money Control

Indian Startups Seek Clarity Over Karnataka's Online Gambling Bill

September 22, 2021 / 06:47 PM IST Indian tech startups and industry associations have expressed concerns and sought clarity over the Karnataka government's bill to ban online gambling. Rameesh Kailasam, CEO of IndiaTech.org, an industry body that represents founders of Indian startups and investors, told Moneycontrol that they have recommended to…
Sports
Indian Startups Seek Clarity Over Karnataka's Online Gambling Bill
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
Gaming industry optimistic about upcoming Karnataka Draft Bill on online gambling and betting
Daijiworld

Netflix makes a play for online gaming

The announcement comes on the heels of news that former EA and Oculus executive Mike Verdu joined Netflix as the company's new VP of game development. India's mobile-first gaming industry on the rise Netflix's push to enter the mobile-first gaming space comes at an opportune time for the company, which has been losing ground in some of its key…
Movies
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
India's online gambling problem spurs calls for regulation -Nikkei Asia
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