MPL layoffs 350 employees
MPL layoffs 50% of their indian workforce ~ 350 employees After the 28% GST rule
Qwerty2398
Stealth
a year ago
they just needed a reason.
They need to find a loophole in this new rule else all gaming industry will collapse.
incognito
Stealth
a year ago
I love how the CEO just blamed the government and took no responsibility. Classic.
Casinos in Goa are taxed the same 28% and still make a killing.
GST won't impact RMG as much as the PR says it will. Customers mostly don't care.
Mpl and other RMG cos are just overvalued, are competing for a small number of high value gamblers, and need to right-size.
incognito
Stealth
a year ago
They are literally online casinos
AliveYouth71
Stealth
a year ago
👍🏽
