Business

Jolt to poker players as Goa casinos change their policy, deduct TDS on tourney winnings + Goa govt notifies Anti Money-Laundering Guidelines

Major Goa casinos have recently changed their in-house policy on tournament winnings and will now deduct a 30% Tax Deducted…

Goa government amends casino license terms,makes it mandatory for casinos to follow anti-money laundering guidelines

The Goa government through a notification issued and published in the Gazette on 21st November 2012 has amended the license…

Punjab Minister plans Vegas-style casino in Ludhiana, backtracks after fierce opposition

Media reports in the past few days have indicated that Punjab Deputy Chief Minister Sukhbir Singh Badal (and son of…

Essel Group aggressively enters gaming industry with world rummy tournament, is poker next on their list?

Essel Group, a multi-billion dollar business conglomerate which runs the famous Playwin lotteries popular in many states has launched a…

Taxes on gambling: Winnings liable to be taxed, additional levies on casino owners

One important question that people have asked me is whether winnings from casinos and betting can be taxed and if…