Madras HC upholds Tamil Nadu’s restrictions on real money gamesThe Madras High Court upheld Tamil Nadu's restrictions on real money gaming, including time and Aadhaar-based limits, dismissing industry c...
04 Jun, 2025, 03.21 PM IST
Online gaming startup Winzo reports 70% jump in FY24 revenue amid regulatory headwindsAdjusted net profit grew 2.5 times to Rs 315 crore, up from Rs 125 crore the previous year. Per Winzo, the financials reflect only six mont...
30 Apr, 2025, 05.54 PM IST
Winzo completes fourth Esop buybackThe Esop buyback is part of WinZO’s efforts to attract and retain top technology and product talent amid challenges in the gaming industry.
08 Oct, 2024, 04.14 PM IST
Winzo Games records Rs 120 crore operating profit in FY23Winzo Games, a homegrown social-gaming startup, anticipates significant variations due to the impact of increase in GST which is expected t...
05 Apr, 2024, 10.33 AM IST
Online gaming continues to grow, but GST change to “moderate” monetisation: reportAccording to a report from real money gaming (RMG) firm Winzo and non-profit firm Interactive Entertainment and Innovation Council, India c...
21 Mar, 2024, 10.01 PM IST
Winzo develops model to differentiate games of skill and chances with IITsThe statistical model, however, could be democratised and applied to any game without necessitating access to proprietary data or violating...
08 Jan, 2024, 08.16 PM IST
Winzo investing $25 million to expand base in Brazilian market, says cofounderThe move will help the business diversify outside of India. Brazil is the fourth largest gaming market in the world with a user base of 90 ...
05 Oct, 2023, 03.37 PM IST
GST on online gaming triggers CV delugeThe increasing number of job seekers reflects their concerns about the GST’s potential effects on their future, say experts.
01 Oct, 2023, 06.00 AM IST
Online gaming likely to see hiring pullbacks; layoffsThe GST Council's decision, to be implemented from October 1, will not only impact fresh hiring but also lead to job losses, particularly a...
05 Aug, 2023, 06.00 AM IST
Online gaming industry relieved as GST Council clears tax hazeThe online gaming industry has welcomed the GST Council’s recommendation that will ensure there won’t be repetitive taxation on gamers, but...
03 Aug, 2023, 12.33 AM IST
Will approach GST Council on online gaming regulatory framework after it is in place: Rajeev ChandrasekharMedia outlets had earlier reported, quoting Chandrasekhar, that he would “request the GST council for consideration on the new regulatory f...
18 Jul, 2023, 03.23 PM IST
Will request GST Council to reconsider 28% tax on online gaming: MoS Rajeev ChandrasekharAmid backlash from the online gaming industry over the imposition of 28% GST, Chandrasekhar has said he will “request the GST council for c...
17 Jul, 2023, 10.51 PM IST
India’s likely 28% GST on gaming companies set to kill many players, hurt FDIs: WinZo Co-founder RathoreThe proposal of imposing a 28% tax on gaming companies still building IP and technology will lead to the destruction of newer gaming ventur...
19 Jun, 2023, 12.06 PM IST
Top gaming firms urge government not to raise GST rate to 28%A group of top online gaming firms has sent a representation through the Ficci Gaming Committee to the Central Board of Indirect Taxes & Cu...
10 Jun, 2023, 06.00 AM IST
Mahindra buys troubled Rivigo’s B2B express business; Gameskraft gets Rs 21,000-crore GST noticeA month ago we reported that new-age logistics unicorn Rivigo had held talks with Flipkart and FirstCry for a potential sale after failing ...
26 Sep, 2022, 08.37 PM IST
GoM on GST levy on casinos, online gaming to meet on July 12Addressing a conference on GST organised by Federation of Indian Chambers of Commerce & Industry (FICCI), Uttar Pradesh finance minister Su...
08 Jul, 2022, 04.25 PM IST
Taxing online gaming industry on par with gambling will stifle growth: WinzoThe GST Council on Wednesday deferred its decision on levying a 28% tax on casinos, online gaming, horse racing and lottery pending more co...
01 Jul, 2022, 05.21 PM IST