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As reported by us earlier, the GST Council in its meeting on 10th January has recommended the formation of a Group of Ministers (GoM) panel to look into the differential GST rates on lottery tickets and tax issues arising from lottery sales. According to media reports, the central government has now issued a statement that an eight member GoM headed by Maharashtra Finance Minister Sudhir Mungantiwar will look into taxation issues relating to the…
Lottery conglomerate Sugal & Damani Group has launched a new fantasy sports portal called ‘KhelChamps’ that will operate under the brand ‘Khel Group’. The diversified conglomerate already operates a rummy brand under the name Khelplayrummy (Sachar Gaming Pvt. Ltd.) and has partnered with global gaming giant The Stars Group to operate the PokerStars India website (through a separate entity Sachiko Gaming Pvt. Ltd.) under a license from the global brand. The company, in a statement
Essel Group-backed Zen Cruises Private Limited has confirmed that they would be starting their first premium brand of leisure cruises with  a fully equipped casino under the brand name ‘Jalesh Cruises’ from April 2019 onwards. The first vessel of the cruise liner, the 2,000-seater, Karnika, will sail from Mumbai to Goa in April this year, with numerous other locations and cruise ships set to be added subsequently. As per the company’s claim, the multi-destination…
The Goods and Services Tax Council could not take a decision on rationalisation or reduction of tax on state lotteries marketed and sold through private distributors. The GST council, which was expected to discuss reduction of the 28% GST levied on the face value of lottery tickets sold by private companies, could not come to a consensus on the matter. As per media reports, the GST council in its meeting on 10th January,…
The picturesque island of Bahamas hosted a poker tournament organised by online poker leader PokerStars. The world’s leading online poker company hosted the ‘PokerStars Caribbean Adventure 2019’ from 5th January to 16th January, 2019. To popularise poker in India, eight players were sponsored by PokerStars to  play at the tournament. They entered the tournament by winning $25,000 entry tickets through Platinum Passes offered by Sachiko Gaming Private Limited operated PokerStars India to winners of various…
The picturesque island of Bahamas hosted a poker tournament organised by online poker leader PokerStars. The world’s leading online poker company hosted the ‘PokerStars Caribbean Adventure 2019’ from 5th January to 16th January, 2019. To popularise poker in India, eight players were sponsored by PokerStars to  play at the tournament. They entered the tournament by winning $25,000 entry tickets through Platinum Passes offered by Sachiko Gaming Private Limited operated PokerStars India to winners of various…
ASEAN Gaming Summit, organised by Asia Gaming Brief is ready to host its third summit during 19-21 March, 2019, at the Conrad Manila in Philippines. This year, over 300 operators, suppliers, and regulators will participate in the summit. These participants come from Asia’s online and land-based gaming industries. The summit promotes information exchange, networking, and business activities among the participating delegates. On 19th March, 2019, the summit is hosting Casino Tech Day, where there will…
What happens when your love for fantasy cricket games matches with Sunny Leone’s? Simple, you can get a chance to meet her and discuss your game with her! We know how excited you are about Sunny Leone, so we thought we should give you more reasons to be excited. Download the 11Wickets app or log on to 11Wickets and you could stand a chance to meet Sunny Leone in person. Sunny will meet 3 top…
Congress Member of Parliament (MP) Shashi Tharoor introduced a private member’s bill, namely, the Sports (Online Gaming & Prevention of Fraud) Bill, 2018 in the Lok Sabha on 28 December 2018. The Bill, largely based on the Law Commission of India’s recommendations in its 276th Report, has been introduced with the purpose of dealing with two separate but connected topics that the government has made little attempt to focus on: (i) penalising match-fixing…
Sports fan and IT industry veteran Anand Ramachandran started Fantain, a fan engagement analytics company in 2012. Eventually, he converted Fantain into a free-to-play fantasy sports platform, that is now backed by leading online events and ticketing brand BookMyShow. Over the past couple of years, Fantain has started offering real money fantasy games for cricket, football and kabbadi and now has over one million registered users on the platform. In this interview, Ramachandran talks about…