online gaming
Indian Gaming Industry to Flourish to $8.92 Billion From $3.1 Billion: Report
The Indian gaming sector is expected to grow to $8.92 billion in the next five years
OneVerse Acquires 2 Online Gaming Firms, Calling Station and BatBall11
As part of its strategy to acquire 13 businesses in order to become the top gaming company in India, OneVerse acquired the online poker platform Spartan Poker in February.
How Bowled.io is Connecting Fans, One Game at a Time
Akshay Khandelwal and Rahul Singh established Bowled.io, a sports-based social gaming platform primarily catering to cricket fans, in November 2021. The startup is all about connecting fans, be it in Meerut, Manchester, or Melbourne, and has an active customer base of 200,000+ as of now.
28% GST On Online Gaming To be Effective From October, Says Nirmala Sitharaman
The Centre will bring amendments to the Central GST law in the ongoing monsoon session of Parliament, following which states will pass the amendments to State GST law in their respective assemblies
This Industry Is Making More Money Than Hollywood and the Music Industry Combined — Here's How Your Business Can Get Involved
With mobile gaming revolutionizing product placement and brand awareness, one surprising demographic is leading the charge.
GST Council Is Likely To Meet On August 2 To Discuss Rules
The amendment in GST law and rules as per decision taken by Council in the previous meeting will be put up to Council for approval
Fantasy Sports Made INR 2800 Crore In IPL 2023: Report
Redseer's analysis shows a 24% jump in gross gaming revenue from INR 2250 crore in IPL 2022, and the market has grown at a CAGR of 30% since IPL 2019
I-T Department Issues New Taxing Guidelines for Online Gaming
The Central Board of Direct Taxes issued circular 'Guidelines for removal of difficulties under sub-section (3) of section 194BA of the Income-tax Act, 1961' shared that anyone who is responsible for paying any income by means of winnings through online games is required to deduct income tax on the net income from the user's account
Government Announces New Online Gaming Rules; Industry Lauds the Move
Under the new rules, real money games involving wagering or betting have been prohibited. Permissible online games are referred to as those games which do not involve wagering, use harmful content, and do not create any addictive consequences for young users.
Nitish Mittersain: The Game Theorist
The CEO, founder and joint MD of gaming unicorn takes us through his journey from being a gamer to building a large diversified gaming company. He is on Entrepreneur India's Digital Cover for February 2023
Studio Sirah Raises $2.6 Million In Pre-Series A Funding Round
The company plans to utilise the funds to globally launch its flagship gaming title, Kurukshetra: Ascension, by June 2023
Giga Fun Studios Raises $2.4 Million In Seed Funding Round
The company will utilise the funds to create a new benchmark in casual games built to high quality for Indian and global audiences
Government Proposes To Ban Online Betting Advertisements On Social Media Platforms: Report
It is advised that social media platforms must also display that a certain online game has been registered with the self-regulatory body
Government Proposes Self-Regulation For Online Gaming Companies
MoS Rajeev Chandrasekhar said that online gaming companies will not be allowed to engage in betting on the outcome of games under the principle laid in draft rules
Why NFTs Will Shape the Future of Gaming
Traditional games monetize by perpetuating a flow of value where players invest their time and money, only to increase the profits retained by game developers. Conversely, NFTs enable players to capture the value they create within the ecosystem.