Tag: casinos and gambling
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GST Council may not increase the tax rate on online gaming, casinos to 28%
The GST Council adjourned the Group of Ministers on imposing 28% goods and services tax (GST) on casinos, online gaming, and lottery. The GoM formed under the orders of the GST Council is asked to submit the report on the issue after 15 days. Headed by Meghalaya chief minister Conrad Sangma, the members will review…
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New Jersey moves to legalize Esports betting in an attempt to ease future growth of gambling market
In a state that’s constantly looking for new things to bet on, Esports may become New Jersey’s next biggest gambling market after lawmakers table bill to legalize betting on Esports events. New Jersey is a Mid-Atlantic state and shares its borders with New York City. The state is known for its beautiful beaches, lush farms…