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Tag: real money gaming

Hyderabad woman’s trick: Fakes robbery after online gaming losses

A young woman from Hyderabad, distressed by her losses in online games, pretended to rob her house in Rajendranagar. The incident unfolded on Thursday...

GST hike expected to moderate monetization in India’s online gaming sector

A recent joint report by real money gaming (RMG) firm Winzo and the Interactive Entertainment and Innovation Council (IEIC) suggests that despite the growing...

G2G releases the list of 24 influential people in real money gaming sector for 2024 [download now]

In 2024, India's real-money gaming sector finds itself navigating through a challenging landscape marked by regulatory upheavals, legal battles over tax issues, and a...

Potential relief for online gaming industry as government mulls over GST demands

According to sources, the Union government is considering softening its stance on the goods and services tax (GST) demand notices issued to online gaming...

OneVerse acquires Spartan Poker, pledges $120 million for Indian gaming sector expansion

To boost its presence in the Indian gaming industry, Metaverse and gaming tech company OneVerse have acquired online poker start-up Spartan Poker and allocated...

Mahadev app online gambling network busted in Udaipur: multi-crore transactions exposed

The police in both Udaipur and Salumber districts have intensified their efforts against online fraud and online gambling. Acting on information received, Salumber SP...

Ahmedabad’s Cybercrime Police bust their first case of live online gambling

Ahmedabad's cybercrime police have achieved a milestone in their fight against gambling by registering the state's first case of live online gambling. The crackdown...

Devastating tragedy strikes East Godavari as local resident succumbs to online gambling

A sorrowful incident unfolded in East Godavari district. Ernena Lakshminayudu, a young man from Srikakulam district, working in the quality control department of a...

Google to levy service fee for fantasy & rummy apps, to allow all types of RMG apps from June 2024

Google has announced significant changes to its approach to real-money gaming apps on the Play Store in India, Mexico, and Brazil, effective from June...

5 lawyers who will shape the future of the RMG industry in 2024

The year 2023 was a tumultuous one for the online real money gaming industry, with the sector hit with a 28% GST on initial...

Online gaming GST issue serious and sensitive says ASG, SC lists A23, RummyCircle writs for further hearing on 8th January

A 3-judge bench of the Supreme Court comprising of Chief Justice of India DY Chandrachud and Justices JB Pardiwala and Manoj Misra issued notice...

Maharashtra: Legislators question new GST bill and government’s ignorance towards online gaming addiction

Online gaming has been a topic of debate for ages and surely enough, it has become the central topic of discussion for the legislative...

Online gaming policy formed with adequate checks and balances to reduce risks of harm: Rajeev Chandrasekhar

The winter session of the Parliament is underway. Lok Sabha MP Margani Bharat and MP Chinta Anuradha put forward a list of questions to...

Online gaming ruining young generation, 28% GST rate is a means to counter the problem: Ajit Pawar

Maharashtra Deputy Chief Minister Ajit Pawar, while speaking in the Legislative Council on December 11, claimed that online gaming is ruining the young generation...

Reports: Upcoming GoM meeting to discuss ways to curb money laundering through online gaming

A meeting of the newly formed Group of Ministers (GoM) comprising Home Minister Amit Shah, Finance Minister Nirmala Sitharaman, Minister for Electronics and IT...

‘Central Govt is being unrealistic & unreasonable’ – Karnataka IT Minister Priyank Kharge criticizes Centre for its online gaming policies

India's online gaming sector has grown by leaps and bounds over the past few years. In fact, it has become much formidable since 2020....