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POKER FANTASY SPORTS
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...- How new online gaming rules will change your income tax and legal exposure depending on the kind of game you playAn online game is any game played on a phone, laptop, or digital device, operated through software using the internet or any form of electr...
- 'Deposit krke ready rho. Jackpot karenge': How online gamblers are dodging India’s real money gaming banBy early September, a Telegram group with over four lakh members was actively promoting Lucky Jet, a high-speed ‘crash game’ where players ...
- Real-money gaming apps see sharp decline in downloads, begin layoffsThe Online Gaming Bill, 2025 triggered a collapse in real-money gaming apps, with downloads plunging 60–95% for MPL, Winzo, and Zupee. Drea...
- Nazara Technologies claims online gaming bill unlikely to impact financials; shares fall nearly 7%In a stock exchange filing, the Mumbai-based company said RMG contributed nothing to its revenues in the first quarter of FY26. The company...
- Nazara Tech acquires 47.7% stake in PokerBaazi parent in Rs 832 crore dealNazara Technologies has acquired a 47.7% stake in Moonshine Technology, the parent company of PokerBaazi, for Rs 832 crores. Nazara will al...
- Nazara Tech shares jump 4%, hit 52 week on cos plans to acquire stake in PokerBaazi parentNazara Tech Share Price: Nazara Technologies' shares rose over 4% to a 52-week high after announcing plans to acquire a 47.7% stake in Moon...
- Real-money gaming companies look for an ace to beat tax bluesCompanies are trying out restrictions on the withdrawal of deposits for shorter games like rummy and poker to avoid being hit by repetitive...
- If fantasy games are OK, why not online betting?Gaming companies defended the sector, which claims to have over 30 crore users in India and aspires to become a $20-billion revenue industr...
- Tamil Nadu governor gives assent to bill banning online gamblingLegislation also seeks to regulate online gaming including fantasy sports which may now need vetting by a multi-member committee.
- Google slammed for allowing only fantasy sports, rummy apps on Play Store in IndiaStarting September 28, Play Store will begin a limited-time pilot allowing for the distribution of daily fantasy sports (DFS) and Rummy app...
- UPI to block all gaming transactions under Rs 50NPCI’s move is aimed at moderating volumes on UPI, which has been plagued by banking outages and technical declines of late.
- Big league awaits Indian online gaming firms in 2021Fundraising by Indian online gaming firms in 2021 is expected to surpass previous records as investors will look to make the most of people...
- Real-money gaming companies face an increasing hostile regulatory landscapeTamil Nadu was the third south Indian state to ban these games, after Telangana and Andhra Pradesh, and Karnataka is considering a similar ...
- Tamil Nadu's decision to ban online gaming likely to hurt rummy companies the mostOnline gaming in India, which has seen steep growth in the last couple of years driven by increasing internet and smartphone penetration, c...
- MPL bags $90m; valuation rises to $450 millionThe latest round, valuing the real money competitive mobile gaming platform at $450 million, was led by SIG Global and RTP Global, along wi...
- Real-money gaming firms make a bigger betCard-based games such as rummy and poker, from companies such as Adda52, RummyCircle and Ace2Three, were part of the first wave of realmone...
- Ability Games acquires Ahmedabad-based game development companyAbility Games has chalked out plans to revolutionize the online gaming industry of India with various online real money and play money gami...
- WaterBridge Ventures leads Rs 28 crore Series A round in 9stacksProceeds from the latest funding round will be used by the 14 month-old company to expand its team, and further build its technology platfo...
- Card-counting whiz eyes Facebook football fantasyJeff Ma and Mike Kerns have launched a program that enables the fanciful football leagues to be managed within Facebook. Keep your PC cool ...
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