Legality of the betting apps
Can anyone explain to me how betting apps like 1xbet are working in India. You can easily download them from the app/play store. Is there a loop hole there? Last I knew betting is illegal in India and is a criminal offence. Also any tips on IPL are welcome 😅
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40,000Cr GST notice to Dream11
40,000Cr to Dream11 20000Cr to GamesKraft 16,000Cr to Deltacorp This will be a major blow to the online betting industry. All the top companies have taken a major hit. Will be interesting to see how they recover from it. Deltacorp shares already down 18% today!
Central Board of Indirect Taxes and Customs is likely to send show cause notices to over 40 skill-gaming companies for alleged tax evasion a...
https://www.moneycontrol.com/news/business/dream11-parent-approaches-bombay-high-court-challenging-gst-evasion-notice-11426751.html