BGMI Maker Krafton India Urge for Support Measures to Promote Online Gaming

BGMI Maker Krafton India Urge for Support Measures to Promote Online Gaming

Krafton India, makers of the popular online game BGMI, on Thursday pitched for government support measures to promote the online gaming industry in the country.  Krafton India CEO Sean Hyunil Sohn highlighted subsidies given to gaming companies for labour costs by countries like the UAE and Canada and stated that…

Online Gaming Tax: 28 Percent GST to Be Levied From October 1, Review After 6 Months

Online Gaming Tax: 28 Percent GST to Be Levied From October 1, Review After 6 Months

The decision to impose a 28 percent tax on the full face value of bets placed on online games will be implemented from October 1 even though there was demand for a review from states like Delhi and Goa, finance minister Nirmala Sitharaman said on Wednesday. The GST Council —…

China Has Resolved Its Youth Game Addiction Problem, Top Industry Body Claims

China Has Resolved Its Youth Game Addiction Problem, Top Industry Body Claims

China has resolved the problem of game addiction among its youth, a report co-written by the country’s top gaming industry association said, in remarks likely to be welcomed by the regulations-battered sector. The comment came from a report by the China Game Industry Group Committee, affiliated with the online game…

E-Gaming Federation Announces to Challenge Tamil Nadu’s Ordinance to Ban Online Gaming

E-Gaming Federation Announces to Challenge Tamil Nadu’s Ordinance to Ban Online Gaming

E-gaming Federation will challenge an ordinance issued by the Tamil Nadu government to ban online gaming as it categorises rummy and poker as games of chance, the industry body said on Wednesday. E-gaming Federation (EGF), whose members include Games24x7, MPL, and Junglee Games, cited Supreme Court order which, according to the…