Search Results for: GST
Indian government expresses optimism on online gaming industry
February 21, 2024
The country's IT Minister claims that the Indian government is upbeat about the online gaming industry, with Prime Minister Narend...
PAGCOR announces tax rate reduction among PIGOs
February 6, 2024
The gambling regulator of the Philippines, PAGCOR, announced that local online gaming providers (PIGOs) will only have to pay a 35...
Goa gov’t approves amendments to local Goods and Services Tax Act
January 26, 2024
The Goan government has made changes to the local Goods and Services Tax Act to make it more clear how various forms of gambling a...
Delta Corp reports gross income of $28 million in December 2023, sees 15% y-o-y drop
January 11, 2024
For the quarter ending December 31, 2023, Delta Corp, an Indian operator of casinos and online gambling, reported total income fro...
Number of people addicted to gambling increases due to illegal market
December 7, 2023
In South Korea, the number of individuals who have developed a gaming addiction is increasing, although revenues at licensed casin...
Gaming sector provides 17 to 18% of Macau’s total GGR
December 1, 2023
According to reports, during the first nine months of this year, the Macau gaming sector generated about US$2.7 billion in premium...
RGB Int’l on track to achieve record annual sales of 4,000 gaming machines in 2023
November 20, 2023
Chuah Eng Meng, vice president of sales support and marketing at RGB International Bhd, a Malaysia-based provider of casino electr...
US research firm revises down Melco Resorts’ revenue forecasts for 2023-2025
November 10, 2023
US research firm Morningstar has lowered Melco Resorts' projected revenue for 2023–2025 by 5–10% and adjusted EBITDA by 8–11...
Delta Corp receives temporary stay from the Sikkim High Court on US$76 million tax claim
October 24, 2023
The Sikkim High Court has granted a temporary stay to Delta Corp, an Indian gaming company, in response to a GST (Goods and Servic...
Fun88 rises as India’s top gaming site amid closure of other operators
October 6, 2023
Fun88 has emerged as the top option for gamers and online bettors in India amid the recent closures of well-known gaming operators...