Tag: Business
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Indian Government Concerned Over Tax Losses From Offshore iGaming Operators
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India continues to say no to legalized iGaming but that hasn’t stopped the iGaming industry from growing significantly in India, especially after the COVID-19 lockdown. Offshore gaming operators continue to target Indian players and make significant profits while the Indian…
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Deltin Opens New Casino In South Goa As Illegal iGaming Continues To Flourish
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The newest gaming hub in South Goa is now open. Deltin Zuri, the in-house casino at The Zuri White Sand Resorts, opened its doors on June 1 under the management of India’s leading luxury gaming and entertainment brand, Deltin. This…
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New Indian Law Likely to Impose 28% Tax on Online Gambling Operators
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The Indian government is deliberating on a legislative proposal that is likely to impose a 28% tax on online gambling operators in the country. A Group of Ministers (GoM) has proposed the change to bring levies from online gambling at…
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Karnataka Court Strikes Down Amended Police Act Allowing Return of iGaming Operators
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The Karnataka High Court’s decision to strike down the recent amendments made to the Karnataka Police Act, 1963 as unconstitutional proved to be a great relief to the online gaming industry in the state. The act, introduced to prevent the…
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Indian States Continue To Debate Over iGaming Legalization
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The online gaming market in India grew in 2021, even though multiple states continued to push for a blanket ban on online gambling. Karnataka’s Advocate General (AG) Prabhuling K Navadgi labeled iGaming as a danger to public order and defended…
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Indian Gov Unsure How To Proceed With iGaming and eGaming Laws
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According to Sameer Barde, the CEO of the Indian gambling industry body, e-Gaming Federation, Indian regulatory authorities have trouble determining if e-gaming comes under gambling or gaming. According to industry insiders, the predicament is new, given how confused Indian authorities…
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Indian Authorities Engage Cyber Specialists To Stop Online Gambling
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India’s online gambling and sports betting market continues to grow rapidly as the authorities struggle to curb the iGaming industry. The online gambling and sports betting market experienced a huge uptick in traffic once COVID-19 hit in 2020 and India…
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Government of India Says Individual States Must Police iGaming Industry
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India’s online gaming market continues to be one of the most promising iGaming markets worldwide, even though online gambling is banned in most states. The majority of Indian states have outdated gaming legislation that allows offshore gaming operators to offer…
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Government of India Says Individual States Must Police iGaming Industry
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India’s online gaming market continues to be one of the most promising iGaming markets worldwide, even though online gambling is banned in most states. The majority of Indian states have outdated gaming legislation that allows offshore gaming operators to offer…
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KMPG Projects Huge Growth for iGaming
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India was home to a booming online gaming market, even before the COVID-19 pandemic. But as lockdowns were implemented and India’s workforce restricted to their homes, there was a massive shift with people turning to different forms of entertainment. One…