rummy

4 ARTICLES

rummy
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Government tries its luck at real-money gaming tax

The argument that real-money gaming is essentially gambling and that the sector was always supposed to pay a higher tax stands on shaky ground.

28 Sept 2023

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Understanding the chaos of real-money gaming

With a higher GST rate and the threat of retrospective taxation, the sector—which has always had the tinge of gambling—is finding reality worse than its nightmares.

18 Sept 2023

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An online poker company comes to the public markets

Last week, Adda52’s parent company filed its draft IPO prospectus. A closer look suggests that it’s all a big gamble.

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Can online, real money gaming survive ban-happy states?

A spate of suicides has resulted in many state governments slapping bans on all real money gaming platforms. A case of throwing out the baby with the bathwater?

15 Dec 2020