Page 9 - Online Gaming

Gaming apps can help identify ongoing problems of traumatic brain injuries

Gaming apps can help identify ongoing problems with navigation -- a common long-term symptom of traumatic brain injuries (TBIs) -- making these issues easier to diagnose and treat, claims a study

WinZO to invest $50 mn in gaming ecosystem as part of Game Developer Fund

Gaming startup WinZO plans to invest USD 50 million (about Rs 410 crore), in the global gaming ecosystem as part of its flagship Game Developer Fund, the company said on Monday. The company expects to invest at least USD 10 million of the fund in US-based startups as part of the programme. "Indian gaming startup WinZO announced the fourth edition of its flagship Game Developer Fund with the largest ever corpus of USD 50 million to support the global gaming ecosystem. It expects to invest at least USD 10 million of the fund in US-based startups," the company said in a statement. WinZO is looking to invest the fund in startups across all forms of interactive entertainment-- game developers and publishers, economies around gaming, content creation, live-ops, and security. The games cover diverse genres from casual, action, sports to mid-core multiplayer games such as tennis, golf, more. "Given our platform play at WinZO where we have access to the performance of over 100 games by mor

Tamil Nadu Governor returns bill on prohibition of online gambling

On October 7 Governor Ravi promulgated an ordinance to prohibit online gambling and to regulate online gaming in the state

Graded KYC for online gaming platforms likely to receive MeitY approval

Platforms must follow verification procedure as prescribed under RBI's directions for entities regulated by it

Amazon's cloud gaming platform 'Luna' may add Epic Games' Fortnite

Luna dropped 53 games, including titles like 'Snake Pass', 'Retro Classic: Gate of Doom' and 'Bridge Constructor Portal'

India Gaming Show 2023 back offline after 4 years today: Details here

IGS 2023 will have several events like an exhibition, meet and greet, cosplay, product launches, product demonstrations and awards

Top headlines: MSCI to review Adani Group securities, Maaza to go global

Business Standard brings you the top headlines at this hour

GST Council meet: Tax on online gaming activities unlikely to be discussed

Council was to meet on Feb 18, but schedule may be changed

Country needs a strict federal law for online gaming: IT Minister Vaishnaw

"We should have a central law and the regulation has to be very strict because society is impacted by addiction to online games, especially by online gambling," he said

In process of finalising online gaming regulation, Centre tells Delhi HC

The Centre on Monday told the Delhi High Court that the draft regulation in relation to online gaming has been circulated and it is in the process of finalising the same. The statement was made by the central government counsel before a bench of Chief Justice Satish Chandra and Justice Subramonium Prasad. The Centre's lawyer informed the court which was hearing petitions by Atul Batra and Avinash Mehrotra concerning the regulation of online gaming -- that consultations with the stakeholders have begun. Draft regulation has been circulated and consultations have started. Stakeholder meeting with all representatives, whether lawyers or civil society... two rounds have already happened. We are in the process of finalising the same, the lawyer said. In view of the Centre's stand, the court said it would take up the matter after eight weeks. The court closed the proceedings on the petition by Batra, a lawyer, after he said that no further order was required on his plea which sought on

Budget 2023-24: Online gaming companies welcome clarity on taxation

The Finance Bill has made a critical distinction between games of skill and games of chance, classifying them into separate sections

Budget 2023: Gaming industry welcomes TDS change, awaits clarity on GST

Budget 2023: The Centre has also made a distinction between 'games of skill' and 'games of chance' in the Finance Bill, signalling that both might get a separate tax structure in future

MSI unveils 13th Gen Intel Core powered laptops with Nvidia RTX 40 GPUs

MSI introduced laptops in the Stealth series, Titan GT series, Raider GE series, Cyborg series, Creator Z series, and more

Budget 2023-24: Net winnings from online games to attract 30% TDS

Proposes 30% tax on net winnings, removes threshold of Rs 10,000

Need clarity in definitions, wider governance in online gaming rules: UKIBC

The council has urged govt to legalise and regulate gaming market across India, particularly sports betting, in line with Law Commission's 2018 recommendations

Indian gaming industry seeks clear tax regime, duty credit scrips in Budget

Budget 2023: They also suggested that the Centre can also consider levying separate tax slabs for each game category, like casual games, fantasy games and esports

Put online gaming policy on hold: Law commission to MeitY officials

Ministry unlikely to shelve draft rules, asks commission to submit inputs

Gaming firms recommend self-declaration mechanism, graded KYC to MeitY

The ministry is also expected to release some guidelines to prevent a conflict of interest for the board of SRO soon

Gaming firms seek distinction between 'video games' and 'real money games'

In the ministry's recent draft notification, 'video games' and 'online games played for stakes' are combined under one definition

MeitY calls another consultation on online gaming policy on Tuesday

The ministry earlier this month released draft amendments to the IT (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021, in relation to online gaming