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OFFSHORE GAMING PLATFORMS
Foreign investors may bet big on Indian stocks after regulatory clarity emergesIndia has opened its stock markets to direct investment by foreign individuals, aiming to broaden capital sources beyond FPIs. While a long...
Fable 5's cost challenge; Opendoor's India exitAnthropic's Fable 5 could rewrite how IT works, but the price tag and performance quirks raise hard questions. This and more in today’s ETt...
FIFA World Cup 2026 Betting Guide: Odds, favorites, key players, underdogs and is it legal?FIFA World Cup Betting Legal? The FIFA World Cup 2026 expands to 48 teams, offering unprecedented betting opportunities across the US, Cana...
Parimatch probe takes ED to Zepto's doorstepThe Enforcement Directorate is investigating offshore betting platform Parimatch. The agency has questioned quick commerce app Zepto regard...
Offshore betting ads growing despite ban on online money games: ASCIOffshore betting promotions are proliferating across India, despite the government's crackdown on online gambling and its related advertise...
As rupee dips, I-T steps up vigil on shady outflowsIn multiple cases, individuals have used dozens of fake permanent account numbers (PANs) with the same name but different addresses and dat...
China's yuan hits 3-year high, stocks retreat, as investors await details from Trump-Xi summitChina's yuan reached a three-year high against the dollar as investors awaited outcomes from the Xi-Trump summit. While stock markets saw p...
Swiggy, Urban Company report Q4 losses; Zepto gets IPO nodNew-age companies Swiggy and Urban Company closed the March quarter in the red, even as revenues surged. This and more in today's ETtech To...
China’s Meta backlash renders Manus model ‘officially dead’Beijing's order for Meta to unwind its $2 billion takeover of AI startup Manus signals a new era of regulatory scrutiny for China's tech in...
Chinese billionaire overhauls AI startup after warning on ManusFollowing Meta's Manus acquisition fallout, MiroMind founder Chen Tianqiao is implementing strict firewalls between his Chinese and US busi...
Foreign betting sites pull a prank on taxmanOffshore gaming firms found a way to use the site name cgstahmedabadzone.gov.in to create additional, fake pages, complete with sub-links t...
US prediction market players make a play for Indian IPL fansIndian fans are turning to US platforms like Polymarket and Kalshi for IPL betting. These sites allow wagers on match winners and player st...
Online betting apps snooping on Indians? Zerodha’s Nithin Kamath raises alarmFollowing a ban on real money gaming apps, offshore betting platforms are proliferating, exploiting loopholes. Nithin Kamath suggests block...
Nithin Kamath suggests how to curb offshore betting apps mushrooming after real money gaming banFollowing India’s ban on real-money online gaming, offshore betting apps are rapidly growing. Nithin Kamath warns they target Indian users,...
DGGI blocks 357 illegal online gaming websites, attaches 2,400 bank a/csThe Finance Ministry has blocked 357 websites of illegal offshore online gaming firms and frozen around 2,400 bank accounts. The crackdown ...
Enforcement actions against online money gaming firms intensified ahead of IPL seasonThe Directorate General of Goods and Services Tax Intelligence (DGGI) has intensified enforcement against 700 offshore online gaming entiti...
SOGI calls for 28% GST on platform fees and not deposits for Indian gaming companiesThe Skill Online Games Institute (SOGI) has urged the government to impose 28% GST on platform fees instead of deposits to prevent tax arbi...
AIGF estimates USD 2.5 bn GST loss from offshore illegal, betting firmsAIGF's Roland Landers urges swift action against offshore illegal betting, causing a USD 2.5 billion annual loss. Concerns include user har...
Government says adequate provisions exist to enforce GST on offshore gaming platformsSince the GST Council's July 11 decision to impose 28% tax on the full face value for online gaming, firms in the real money gaming sector ...
Sufficient enforcement provisions in law to tackle GST evasion by offshore gaming platforms: FinMinThe finance ministry on Tuesday said there are sufficient enforcement provisions in GST laws to take action against offshore gaming platfor...