horse-racing

Turf authorities petition Piyush Goyal to reduce GST on horse racing

The Turf Authorities of India (TAI), an apex body of the six racing clubs in India made a representation to…

RummyCircle parent company launches new fantasy website My11Circle

Play Games24x7 Private Limited, the parent company of online rummy market leader RummyCircle, has launched a new fantasy sports portal…

Mumbai police arrest lottery centre owner, race course bookies over tax evasion

The Mumbai police raided a Carter Road-based lottery centre yesterday and arrested its owner, Rajesh Jaiswal, for allegedly evading Goods…

RummyCircle shelves plan to launch horse betting website

Exclusive Weeks after Glaws exclusively reported that Play Games24x7 Pvt. Ltd., the parent company of leading online rummy website RummyCircle had…

RummyCircle to start horse betting website TurfBets

Exclusive Play Games24x7 Pvt. Ltd., the company that operates leading rummy website RummyCircle, will be launching a new real money betting…

GST council announces 28% tax on casinos and betting; 18% tax likely on skill games; lottery tax yet to be announced

The GST Council, a constitutional body has announced tax slabs for most goods and services in the council meeting held…

Turf Club delegation meets Finance Minister to discuss GST implications on horse-betting

Horse-racing clubs in India has for the past few months been worried about the implications of the new Goods and…

Gaming industry badly hit as demonetisation paralyses business, move may benefit legitimate operators in the long run

Prime Minister Narendra Modi's sudden and drastic announcement demonetising (except for emergency services) all 500 & 1000 rupee notes , i.e. around…

Passage of GST Bill to dramatically alter the taxation structure of gaming and lottery industries

The passage of the Constitution (122nd Amendment) Bill, 2016 by both the Houses of Parliament and the central government's announcement of its…

No 'achhe din' for gaming industry as FM fails to hike TDS threshold in Budget 2016

Contrary to expectations and the first set of recommendations given by the Easwar committee, Union Finance Minister Arun Jaitley maintained…