Thursday, February 21, 2019

India

GST Council to decide on uniform tax rate for lotteries

A state ministerial panel set up to review the tax rate on lottery has recommended setting a standard GST rate for all lottery of...

Up to individual states to regulate fantasy sports

Union Minister of State for Finance, Pon Radhakrishnan, has said it’s up to individual states to decide on how to regulate gambling on fantasy sports, Glaws reports.

Paytm enters India rummy and fantasy sports space

E-commerce and digital wallets portal Paytm have launched a rummy and fantasy sports product on its mobile app, Glaws reports. The rummy and fantasy...

No new casinos in Goa under tourism plan

Goa’s new tourism master plan doesn’t involve new casinos, local media cited Goa, Tourism Minister Manohar Ajgaonkar as telling the legislative assembly. In a written...

Betfair stops accepting Indian business

Betfair has stopped accepting players from India effective 28th January, 2019, G.Laws reports.

Meghalaya considers legalizing casinos

State officials from Meghalaya, a state located in the North East of India, is cautiously exploring the idea of opening a casino in the...

Sugal & Damani Group launches Khel Group platform

Indian gaming company Sugal & Damani Group has announced the launch of a new fantasy sports website, KhelChamps, local media reports. The fantasy sports site...

Zen Cruises to launch in April with casinos

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, GLaws reports.

Concessions, online crackdowns and technology seen as 2019 themes

The new year is getting underway against a backdrop of political and economic uncertainty across the globe. The U.S. government shutdown due to a...

Delta Corp Q3 results healthy, but share price slips 2 pct

India’s largest casino operator, Delta Corp saw its share price slip 2 percent, despite posting robust profit and revenue growth in 18Q3. Profit for...

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Indo Pacific Gaming opens table games division

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Macau Jan. GGR falls less than expected

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SKYCITY’s shares fall as market digests results

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Deloitte Japan fined for violating auditor independence rules

The US Securities and Exchange Commission (SEC) announced last week that Deloitte Tohmatsu (Deloitte Japan) had agreed to pay a $2 million fine to...