The Supreme Court of India has effectively finalized a 28 percent Goods and Services Tax (GST) on the full face value of bets in real-money gaming, triggering an existential crisis for the nation’s burgeoning online gaming sector. This ruling, delivered in September 2024, mandates that companies pay taxes on the entire amount deposited by players…
The Complaint Against Roblox Two prominent child safety advocacy groups, the National Center on Sexual Exploitation (NCOSE) and Fairplay, filed a formal complaint with the Federal Trade Commission (FTC) on May 20, alleging that the gaming platform Roblox exposes millions of children to significant sexual and financial risks. The nonprofits argue that the platform’s current…
Government regulators are intensifying scrutiny of digital gaming platforms across the country this week, amid growing concerns that banned online gambling operations are rebranding as legitimate e-sports to evade detection. Law enforcement agencies report that operators of illegal money games are exploiting loopholes in digital regulations, specifically targeting younger demographics under the guise of competitive…