Indian micro eSports tournament and online gaming platform, KhiladiAdda, has recently announced the 5th edition of its flagship tournament on its state-of-the-art gaming app. The league brings Free Fire Max lovers closer to their favourite game with a unique spin to win cash prizes up to INR 50,000 and amazing …
Read More »Spartan Poker Announces 14th Edition Of India Online Poker Championship With 43 Crore Prize Pool
Spartan Poker announces the 14th edition of the India Online Poker Championship (IOPC) on 19th January 2023 with a 43 crore prize pool. This edition of IOPC will be hosted on Spartan Poker, BlitzPoker, PokerHigh, PokerDaddy and Myteam11. India Online Poker Championship (IOPC) is an 18-day contest kicking off on 19th January 2023 …
Read More »Indian Video Games Industry Requests MeitY to Create Regulatory Distinction Between Video Games and Real Money Games
With the Indian government’s Ministry of Electronics and Information Technology (MeitY) weighing on the proposed amendments to the IT Rules 2021 in relation to online gaming, the Indian Video Games Industry has requested a regulatory distinction between video games and real money games. It has also seeked a stakeholder meeting …
Read More »Esports Athletes, Gamers Met MOS (MeitY) Rajeev Chandrasekhar To Review Online Gaming Rules
Led by Rajeev Chandrasekhar, Minister of State for the Ministry of Electronics and Information Technology, MeitY held a very meaningful & successful consultation with children, parents, teachers, esports athletes, gamers, and safety and trust organizations on the proposed amendments to the IT Rules 2021 in relation to online gaming on …
Read More »Centre Proposes Self-Regulatory Mechanism, Due Diligence For Gaming Companies
On 2nd January 2023, the government of India proposed a self-regulatory mechanism, including the mandatory verification of players and physical Indian addresses for online gaming companies, as per the draft online gaming rules. Now, online gaming companies will come under the new IT rules that were issued back in 2021 …
Read More »Centre Appoints MeitY As Nodal Ministry For Indian Online Gaming Industry
The entire Indian gaming industry is at a pivotal point now. The government of India has finally made the crucial distinction between esports and online gaming. This is a welcome move by the government as it will not only offer much-needed clarity, but it will also allow the two sectors …
Read More »GST On Contest Entry Amount For Online Gaming Not In Line With The International Best Practice
Indian law firm specialising in taxation, Lakshmikumaran & Sridharan (LKS), in a detailed whitepaper has showcased international best practices in GST for online gaming. According to the report, most countries with a thriving online gaming industry follow a ‘Tax on Gross Gaming Revenue (GGR)’ model. It also cites examples of …
Read More »What To Expect In The Gaming Industry For 2023
The gaming industry has been in rapid growth for the past few years. Even in the upcoming years, there is no stopping this industry. Some of the major developments that can be seen in the year 2023 are: Gaming on a Mobile Cloud Because games are executed on web servers …
Read More »FanClash Unveils New Avatar At Live Event
Esports fantasy platform FanClash recently unveiled its new identity through a disruptive marketing campaign. FanClash launched its new logo, new cyberpunk inspired mascot Ne.0N and a refreshed UI/website at a live event. The unveiling event also introduced FanClan, a team of influencers that FanClash has partnered with to create content …
Read More »India Govt Panel Recommends Stricter Stance On Online Gaming
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 new agency Reuters. The much-awaited report is seen as shaping the …
Read More »