Gaming platforms feel the heat of taxation, regulatory woes3 min read 13 Oct 2022, 11:11 PM IST
As per Tracxn, gaming startups in India raised $212 million over 12 deals between October 2021 and September 2022
NEW DELHI : A looming threat of bans and increased taxation may stem the growth of online gaming firms in India. These firms, most of which deal in real money gaming (RMG), have been growing at a fast pace over the past year even as the legality of RMG has been contested in courts and discussed among ministries. RMG includes online poker, rummy, and daily fantasy sports platforms, like Dream 11.
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