Online Gaming
Recent Highlights
All Stories for Online Gaming
New GST rules: What's getting cheaper, what's getting more expensive?
Fp Explainers •The GST Council meeting held on 11 July announced some major changes. Bets placed in online gaming and casinos will now face a 28 per cent tax. Cancer-fighting drugs, food in theatres, and imitation zari threads will cost lesser
Government of India to ban three kinds of online games, says Union IT Minister Rajeev Chandrasekhar
Mehul Das •The government of India has already made the framework to ban three kinds of games, and will soon be implementing it. Online games will now have to be cleared by certain SROs or Self Regulatory Organisations, within 90 days from the announcement of the regulations
In a first, 12,000 people attend a political rally organised in a Minecraft video game lobby
Mehul Das •In a first, a political party organised a rally in a video game lobby. The Liberal Democratic Party of Russia, or LPDR organised a May Day rally in a Minecraft lobby, which was attended by 12,000 people.
Jack Teixeira joins the league of America's infamous whistleblowers, hackers: What happened to them?
Vibhutisanchala •A 21-year-old US air force official identified as Jack Teixeira has been arrested as a suspect for the largest intelligence leak in a decade. The investigation evokes memories of other prominent whistleblowers such as Edward Snowden and Chelsea Manning
US imposes a fine of $520 million on Epic Games, creator of Fortnite, for alleged children's privacy violation
Mehul Das •US’ FTC or the Federal Trade Commission alleged that Epic Games violated children’s privacy with several features in Fortnite and also duped customers into making purchases they did not intend to make.
Instead of states, Centre should decide on the ban on online gaming
Sumanth Raman •The role of the government is to ensure there is no illegality in the process of online gaming and gambling and that the punters are not being cheated by any manipulation by the companies. Ham-handed attempts at a ban will only be counterproductive and push the Industry further underground
How betting apps and fantasy leagues appropriated and bastardised the term “online gaming”
Mehul Das •Online games used to refer to online video games that people played for entertainment, fun, socialising and to build a community. Now, betting games and fantasy leagues have appropriated the term and corrupted what the term originally signified.
Online gaming in India likely to attract 28 per cent GST instead of 18, calculation method to be tweaked
Fp Staff •The Indian government has finally decided that online gaming essentially falls under the category of ‘demerit goods’ and hence should attract a 28 per cent GST.
Here's why Ministers are recommending uniform 28% GST on online gaming, casinos, horse racing
Vibhutisanchala •The GST council has constituted a committee of the Group of Ministers (GoM) to examine the tax issues on online gaming and horse racing, and casino, while consulting with the state governments.
Data centre stock in India to double by 2024; DC investments expected to surpass $20 billion by 2025: Report
•The report – Data Centres in India: Powering Up Real Estate in a 'Data-High' Era – also said OTT, online gaming, increased smartphone usage, e-commerce and online schooling among others have led to a multi-fold jump in data transmission and need for high specification servers