Tag Archives: GST

India clutches 28% GST levy as online gambling revenue hikes

STATSCORE adds Hindi language to seize India potential

Online gambling providers in India were once again left discouraged after the 54th Goods and Services Tax (GST) Council concluded with no changes made to the 28% GST levy.  The tax affects all player deposits made via online gambling, casino and horse racing. Before an increase was introduced by the government in October 2023, gambling businesses were required to pay …

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Sportradar’s Lorenzo Caci: The best bet for curbing illegal activity in India

India - Copyright: corund / 123RF Stock Photo

Last month, the Law Commission of India (LCI) found that arguments in favour of relaxing the country’s gambling ban far outweigh those highlighting its immorality. As things stand, gambling in India is heavily restricted except for selective categories such as lotteries and horse racing. However, the LCI’s 267th report recommended the full legalisation of regulated betting and gambling activities, albeit …

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