Author: Lloyd Kenrick
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Source: Sina Weibo / Overseas Network
India has announced a 28% tax on the gross revenue of online gaming companies, a move expected to significantly impact the country’s $1.5 billion gaming industry. This decision, made after consultations with various states, aims to regulate the industry more strictly. However, industry representatives argue that this heavy tax burden could reduce their revenue and potentially lead to increased costs for users.
Key Points:
Industry Perspective:
Additional Information:
This move is part of broader efforts by the Indian government to regulate the online gaming sector more strictly, ensuring compliance with national standards.
1. What is the minimum deposit required to start playing?
2. How can I withdraw my winnings?
3. Are online casinos safe?
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8. What is a welcome bonus?
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