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GST from lotteries fetch nine state governments nearly Rs 3,950 croreAs per data sourced from the All India Federation of Lottery Trade (AIFLTAI), Kerala collected GST worth Rs 908 crore and state revenue of ...- Why Sugalchand Jain's saga is nothing short of corporate fairytaleSugal & Damani claim to have over 75% market share in online lottery business, over 20,000 point-of-sale terminals across and 15 million tr...
- Modi government set to put lottery tickets in the 28% GST bracket“The taxation has to be logical,” said Rahul Tangri, president, Playwin, an electronic lottery provider. “It would be very unfair if the go...
- Poker websites search for a straight flush at IITs nowWhile card games that involve more skill than luck are not considered gambling as per a Supreme Court ruling, apprehension over launching o...
- Legalising gambling a huge bet for Sikkim; lottery operators considering 'gaming shop' modelThe government has signed a profit-sharing agreement, under which licence-holders would pay 10% of their profits, or Rs 5 crore.
- Everything you wanted to know about lotteryThe lotteries are governed by The Lotteries (Regulation) Act, 1998, a Central law, according to which a state may organise, conduct or prom...
- Paul Shoker launches VentureFund.com; site ties-up with Amazon.comPaul Shoker has launched VentureFund.com, a global online platform for start-ups and angel investors. The website has also tied up with Ama...
- Diwali and teen patti? Wealthy Indians' big bets & big thrillsET on Sunday visits casinos, homes and clubs to collate the story of big bets, big thrills and big change in India's gambling culture.
- M&E cos switch on to digital boards for amusementA study by PricewaterhouseCoopers has ranked India as the fastest growing market in the world for spends on media and entertainment (M&E) o...
- Playwin puts its money on Goa casinoAs per sources, global casino operators will make their presence felt in India via JVs or franchisee route by 2009.
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