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Showing posts from January, 2024

Adapting to the Indian Regulatory Landscape for Skill-based Gaming in 2024: A Strategic Outlook

  As we stand in 2024, online skill gaming in India is a bustling arena, teeming with unrestrained energy and unbridled passion. However, the road ahead promises a journey of countless bends and turns. By next year, this burgeoning industry is poised to adapt and flourish, amidst regulatory changes and novelties in taxation. Navigating this roadmap requires an astute focus on strategic planning and visionary adaptability.     The Regulatory Landscape in 2024: Challenges and Opportunities   A clear vision of the trends shaping the regulatory environment of online skill gaming in India is indispensable. Recent years have seen the government tightening its regulations around the Gaming Acts across various states. Also, taxation changes, including the GST slab imposition on online gaming and updated TDS guidelines, have left deep imprints on the industry’s profitability.   These regulatory shifts are carving new opportunities as well as challenges for the various stakeholders–players, ga