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The Latest in india
Casino
May 19, 2022
India Plans to Introduce 28% Tax on Online Gambling
India is not the warmest place if you are a gambling company. The country is currently in the midst of discussing a legislative change that would increase the tax applied to online gambling operators to 28% of the face value of each bet. This is done to bring online gambling in line with casinos and […]
Casino
May 17, 2022
Delta Corp Sees Offshore Casino Restore Operations after Court Order
India’s casinos were hit just as hard by the recent global pandemic as the rest of the world. One offshore casino in particular was having extra difficulties getting back to normalcy because of alleged environmental contumacy that caused ceasing operations. It took appealing before the Indian Supreme Court to undo the decision by the local […]
Legal
May 13, 2022
India’s Online Gaming Grows but Harm Sparks Concerns
Gaming harm is on the rise in India as online gaming becomes more and more popular, BBC reported. While lawmakers argue whether real money games (RMG) constitute gambling or not, citizens continue to fall victim to the industry. Many Indians Are Addicted to RMGs The report tells the story of Faisal Maqbool – a 31-years-old […]
Industry
May 9, 2022
Concerned Citizens Ask for Caution in Legalizing Gambling in Meghalaya
Meghalaya chief minister Conrad K Sangma, the proponent of a recent plan to introduce legal gambling to India’s state, has met with various representatives of the Khasi Jaintia Christian Leaders Forum who have urged the minister to tread carefully and not hurry with the mass legalization of a gambling framework in the state. Legalization of […]
Casino
May 2, 2022
Indian Man Ends Life over $46,000 Gambling Debt
A 39-year-old man in Chennai, India has ended his life over a gambling addiction that has grown so severe that it forced him to desperate lengths. P Prabhu of Vigneshwara Nagar amassed a crushing debt to the tune of INR3.5 million ($45,788) which left the man, who used to work at MNC and was earning […]
Casino
April 27, 2022
Goa Gaming Commissioner to Finally Take over the Industry
The Indian state of Goa is now moving forward with its proposed gambling framework that will allow its casino to start bustling. The state-approved a Gaming Commissioner to oversee these operations more than three years ago in 2019, but the state is moving only now to get everything up and running. Gaming Commissioner Closer to […]
Legal
April 26, 2022
India Fleshes Out Gambling Plans for Meghalaya
Following on news last week that the state of Meghalaya is planning to push ahead with a comprehensive gambling framework, more details have become available to outline how this is going to happen. The state is not thinking about wasting any time or opportunity and will press on with both online gambling and in-person gambling, […]
Legal
April 19, 2022
Third Indian State Pushes Forward with Gambling Legalization
India has not been the most gambling-friendly nation out there, but this is slowly changing. Meghalaya, a state in the country, is now preparing guidance and policies that would enable lawmakers to create binding legislation that enables private operators to launch both interactive gaming and betting. Undoing the Ways of Old The process started with […]
Blockchain
March 21, 2022
India to Tax Crypto Same as Lottery Winnings
India is preparing to regulate its cryptocurrency industry – in fact, it’s already there, and the country is introducing a 30% tax that will apply to investor capital gains. The levy will be rolled out in April and it will be the first time that a formal law has been passed to try and finally […]
Sports
March 11, 2022
XB Net Brings Australian and NA Horse Racing Markets to India
XB Net is making another stride towards the global horse betting market after conquering the North American and Australian regions with NorthAlley, a leading platform in India. The new collaboration will allow XB Net to extend its range of experiences and local pool-wagering services from tracks in Australia and North America to NorthAlley. XB Net […]