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$16 Billion Knocked Off Stocks as Macau Government Review Gambling Laws
A potential change on the horizon for casino gaming in Macau has led to $16.4 billion being knocked off the market value of gambling operators on the stock market. This comes on the back of a warning from analysts that regulations in place…
Playing the Lottery May No Longer Be a Local Hobby
Millions of people around the world take part in their local lottery, with big prizes on offer and the knowledge that alongside this, you are helping a variety of local charities, who are funded through the lottery. However, although in the…
Could an Indian Pastime Could Eventually Go Worldwide?
Everyone around the world has their own hobbies and pastimes that they enjoy. In India, of the many different things that people do, playing cards is one of them, especially with older members of families. When it comes to card games, there…
Will more states follow Meghalaya gambling regulation?
While many are still debating on if gambling should be allowed or not, Meghalaya has taken a step to legalize gambling. In March 2021, a new gaming regulation was passed to allow for legal gambling. This comes after states like Andra…
India Online Gambling Laws and Regulations: Are They Adequate?
Being one of the most densely populated countries in the world, India has a large portion of its population interested in gambling. As every state in the country is independently deciding on the laws regulating the gambling sector, the main…
Supertech’s 40-storey twin towers in Noida to be razed, SC cites builder-authority collusion
NEW DELHI, August 31 : In a major blow to real estate company Supertech, the Supreme Court on Tuesday directed the demolition of its two 40-storey buildings in one of its housing projects in Noida.
A bench headed by justice D.Y.…
NRL inks pact with IWAI to ferry large cargo through waterways
GUWAHATI, August 26: Numaligarh Refinery Limited (NRL) and Inland Waterways Authority of India (IWAI) have inked a memorandum of understanding (MoU) for transportation of over-dimensional cargo and project cargo of Numaligarh Refinery using…
Customer sharing data the next transformative idea: Vibha Padalkar
CHENNAI, August 14: The life insurance business models have changed over the last decade driven by the customers/policyholders.
"If we now build a robust customer consent architecture, we would see businesses moving into the next…
GST Council Sets to Tackle Ambiguous Taxability Issues of Casino and Online Gaming Platforms
Navigating the complex and dynamic Indian legal, taxation and court practice landscape concerning activities like betting, gambling and lottery requires the help and expertise of top specialists. The government is taking steps to assess the…
India’s Reserve Bank Admits Crypto Trading is Not Illegal
Formal RBI clarifications were met with overwhelming approval by investors, retail operators and crypto exchanges. The move comes after a prolonged period of suspended decisions, hesitant investment climate and obstructionist banking…