A Group of State Finance Ministers (GoM), led by Meghalaya Chief Minister, Congrad Sangma formed to advise the Goods and Services Tax (GST) Council on the taxation of casinos, race courses, and online gaming, has made its recommendation of increasing the existing tax rate from 18 percent to 28 percent. …
Read More »Online Gaming, Esports Sectors Eyeing Growth Beyond Pandemic Aid In India
The Indian gaming and e-sports market is currently at its pinnacle of growth. Fantasy pioneer Dream11 was esteemed at an incredible 8 billion dollar in its last round. Well known gaming and e-sports organizations like WinZO, Rooter, Gamerji, and numerous others have got investments from venture funds lately. MPL last …
Read More »MS Dhoni To Captain WinZO’s Brand Wagon As Brand Ambassador
Indian social skill gaming platform, WinZO, on Wednesday said that it has appointed Indian cricketer and former captain Mahendra Singh Dhoni as its brand ambassador. The company in a statement said that Dhoni will feature as a part of WinZO’s upcoming multi-channel and multi-modal marketing and branding campaigns, the production …
Read More »72% Male Prefer Fantasy Sports, 46% Female Casual Gaming: ZEE5 Survey
Amid the ongoing growth the gaming sector is witnessing in the entire country, ZEE5 has released a report on online gaming trends as a part of the ZEE5 Intelligence Monitor knowledge series. The report offers an analysis of the factors that are influencing the gaming landscape, behaviour patterns of players …
Read More »Smartphone Takeover: Where Online Gaming Industry Is Poised in 2022
The year 2021 saw a modest economic recovery, with most industries returning to normalcy, particularly in the second half of the year. On the other hand, online gaming was a topic of substantial debate and discussion in the media. In India, the gaming sector is growing, and smartphones are playing an essential role …
Read More »Govt Will End Online Gaming Soon: Tamil Nadu CM
Amid the growing craze of gaming and its addiction among Indian youth, the Chief Minister (CM) of Tamil Nadu, M K Stalin recently said the state government will put an end to online gaming in the upcoming time. Stalin said that the previous AIADMK government had enacted the Tamil Nadu …
Read More »India And Online Gaming Regulations: A Complete Timeline
In September, the Karnataka Assembly passed an amendment to the Karnataka Police Act, 1963, which seeks to ban online gaming and curtail online gambling. Chief Minister Basavaraj Bommai said the proposal is not valid for online games that strictly comply with the ‘game of skill’. With the implementation of this …
Read More »Karnataka Chess Takes A Hit After Ban On Online Gaming Including Game Of Skill: KSCA
Karnataka State Chess Association (KSCA), the apex body for chess in Karnataka, on Tuesday said that the recent ban on online gaming including the ‘game of skill’ implemented by the Karnataka government has adversely impacted the chess ecosystem in the State. The ban has hindered corporate sponsorships, especially from online …
Read More »Education Ministry Issues Advisory To Parents, Teachers On Online Gaming
Amid the fear of mobile game addiction among youth, the Union Ministry of Education circulated advisories. The ministry said that playing online games leads to a serious gaming addiction which has been considered a gaming disorder. The ministry in a statement said that in the new era of technology, online …
Read More »Sushil Kumar Modi Urges For Regulation In Online Gaming
Voicing concern over youngsters getting hooked on mobile games, Rajya Sabha member and senior BJP chief Sushil Kumar Modi on Friday demanded that the federal government ought regulate the online gaming industry and impose a uniform tax on it. Raising the difficulty throughout the Zero Hour, he stated these online video games have now given strategy …
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