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Identity Verification: How AI-Driven Tech Is Vital For Online Gaming

The Indian online gaming industry is growing at a frenetic pace. If we quote the numbers, it is expected to grow from $2.8 billion in 2022 to $5 billion in 2025, at a CAGR of 28 percent to 30 percent. The number of gamers is expected to grow from 420 million in 2022 to 450 million by 2023, and touch as much as 500 million by 2025. With numbers…
Industry
Identity Verification: How AI-Driven Tech Is Vital For Online Gaming
ABP News Live

Tamil Nadu Man Dies By Suicide After Suffering Losses To Online Gambling

Chennai: A man died by suicide after losing over Rs 15 lakhs to online gambling in Tirunelveli district on Tuesday. According to ABP Nadu, the deceased was identified as Sivanraj (34). According to police, "Sivanraj downloaded an online rummy app on his phone recently and he started playing the game. Initially, he gambled for a small sum and won…
Incidents
Tamil Nadu Man Dies By Suicide After Suffering Losses To Online Gambling
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ABP News Live

9 Best Crypto Casinos & Bitcoin Gambling Sites In 2022 Among 50 Tested

We live in a world where gambling and cryptocurrencies have become popular amongst most of the population. Advanced gamblers are getting excited about the opportunity to play in the best crypto casinos around the world. Bitcoin gambling sites have started offering cryptocurrencies as a payment option for deposits and withdrawals for precious…
Crypto
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ABP News Live

The Need To Regulate Online Gaming Has Entered India’s Political Agenda

In December last year, a member of parliament brought the attention of the house to the urgent need of adopting a comprehensive regulation over online gaming in India aiming to curb societal costs such as gambling addictions and financial ruin in citizens. Senior BJP leader and M.P. Sushil Kumar Modi spoke during the Rajya Sabha Zero Hour…
Politics
The Need To Regulate Online Gaming Has Entered India’s Political Agenda
ABP News Live

Gst Tax Online Gaming Conundrum

One of the biggest challenges facing the Governments today is the rapid evolving nature of the digital economy, with which the regulators are struggling to keep pace.In fact, the challenge posed by technology-enabled services means that even if one or few countries devise regulations, businesses can simply shift to another jurisdiction where the…
Finance
Gst Tax Online Gaming Conundrum
ABP News Live

Penalty Sections Amended In Goa Public Gambling Act

The Legislative Assembly of the state of Goa on July 30 passed the Goa Public Gambling (Amendment) Act (Bill No. 42 of 2021) which came into force at once. The financial sanctions for keeping a gaming house (Section 3), for being found in one (Section 4), and for gambling or setting bird or animal fights in public spaces (Section 11) were…
Law
Penalty Sections Amended In Goa Public Gambling Act
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