India’s Goods and Services Tax (GST) Council has set up a seven-member panel of ministers from different states to examine how to value and tax services provided by India's gambling industry.
ndian fantasy sports are seeing surging growth, with Baazi Games alone recording compound average revenue growth of about 70 percent over the past three years, co-founder and marketing director, Varun Ganjoo, told Business Times.
India's Delta Corp. said the government of Goa has extended Covid restrictions in the state until July 26th due to the rising number of cases and as a result its casinos will remain closed.
Authorities in Macau say that vaccine inoculations are slowly getting closer to the 500,000 mark, with 423,905 doses administered as of Tuesday afternoon.
Delta Corp, India's largest casino operator, said its casinos in Goa will remain closed until at least July 19 after the government extended restrictions due to a surge in Covid.
Revenue from India's video game and esports market is set to grow by a compound average rate of about 16.5 percent to reach 24,212 crore by 2025, more than double its current level, according to forecasts from PwC.
India's Delta Corp swung to a loss of 28.93 crore in the first quarter of the fiscal year, compared with a profit of 57.77 crore in the same period a year earlier as Covid forced the closure of its casinos.
Goa chief minister Pramod Sawant on Tuesday said he has no intention of allowing casinos to open during the curfew.
Off-season horse racing in India is set to go online, as the Hyderabad Race Club (HRC) announced spectators can only tune in for the event online during the last week of July.