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ONLINE MONEY GAMES REGULATION
The next big money game is here. Everyone wants a seat at the tableIndia's wealth management scene is experiencing a remarkable transformation. With the rapid rise of affluent households, there’s a surge in...
Global Market | European stocks rally as oil falls on hopes for US-Iran dealThe benchmark snapped a four-day losing streak on Thursday, as investors digested the European Central Bank's rate hike and largely looked...
Online gaming money tax dispute: GST to be charged on full value of the deposit, rules Supreme Court, know how it impacts the playersThe Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the...
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...
₹3.1 lakh gaming PC gift turns sour? Man alleges girlfriend waited for her birthday gift only to break up the next dayA man is seeking legal advice after his girlfriend broke up with him the day after receiving a £2500 gaming PC for her birthday. He claims ...
Tech firms in UK must have plan for illegal content spikes during crises like Southport: regulatorBritish tech firms must now have crisis response plans for surges in illegal online content, following the 2024 Southport riots. Regulator ...
From Australia to Europe, countries move to curb children's social media accessNations worldwide are enacting strict rules for social media access by children. Australia has banned platforms for those under 16. Britain...
Global Markets: UK financial regulator softens proposed change to UK money market fund rulesIn May the government said it would impose tougher rules on money market funds, which were hit by heavy redemptions during a COVID-19-ind...
US gamers getting older as industry reports growthAmerican video game players are aging, with the average now 37. The industry is seeing a comeback, reaching pre-pandemic activity levels. T...
Chhattisgarh HC says Economic Value of Frozen Assets must be preserved during PMLA proceedingsThe Chhattisgarh High Court ruled that asset preservation under PMLA includes safeguarding economic value, not just legal control. This all...
AMFI bars Stable Money from distributing mutual funds for six monthsFintech firm Stable Finserv, backed by Peak XV Partners and Lightspeed, faces a ban from distributing mutual funds until November 2026. The...
Telcos urge TRAI to regulate OTT apps as spam shifts onlineTelecom firms report most spam now bypasses regulations via internet apps. They urge the regulator to bring these platforms under control. ...
SC GST ruling on online gaming may cast wider tax net over casinos, horse racingA recent Supreme Court judgment clarifies that the GST valuation framework applies broadly to all betting and gambling activities, not just...
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...
Tax ruling can set off a game of thorns for gaming company directorsIndia's money gaming firms are worried about directors facing tax demands. A Supreme Court ruling upheld a 28% GST on bets. This could mean...
All bets are off as SC’s GST ruling squeezes RMG companiesThe GST demand of Rs 92,000 crore on past transactions will also impact larger players such as Dream11, Junglee Games and Mobile Premier Le...
SC's GST ruling on online gaming: A loaded diceGovernment and state lawmakers have agreed to impose GST on online gaming. This tax will apply retrospectively to curb unregulated wagering...
Gaming firms face ₹2.5 lakh crore exposure as Supreme Court upholds 28% GST on betting valueThe Supreme Court has made headlines with its ruling, requiring online gaming platforms to pay a hefty 28% GST on the entirety of the bet v...
SC verdict on GST leaves real-money gaming firms staring at a Rs 92,000-crore questionWednesday’s ruling, backing tax demands on past transactions, could have major financial implications for the sector. A lawyer representing...
Supreme Court backs Tamil Nadu, Karnataka online gaming laws on online rummy, poker with stakesThe Supreme Court has affirmed states' authority to control and prohibit online gaming involving betting. This decision overturns earlier H...