- RMG Industry
19th Dec, 2024
Google extends pilot for real money games: full story and latest stand
Real money games (RMG) such as rummy and daily fantasy sports (DFS) have grown to become extremely popular in India within the last decade. According to a recent report, there are a whopping 146 million (14.6 crore) RMG players in India. While rummy games have been deemed ‘skill-based’ by the Supreme Court of India, there
20th Sep, 2023
$250 million in-app purchases by Indian gamers
Who would have thought that online gaming would generate the billions of dollars it is generating today? At least not the 90s kids in India. You see, those were the times when video games were being introduced. You had to have either a PC/Laptop, dedicated console, or a handheld device to play games on. Which
20th Sep, 2023
Impact of the new GST policy on Indian gamers
At the 50th GST Council meeting, it was declared by the Finance Ministry that a 28% GST would be applied to the full value of deposit for online games. The updated GST policy has the potential to influence the participation of high value players on rummy apps, and it is also expected to affect major
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20th Sep, 2023
How 28% GST on online gaming will impact Indian rummy apps
In August 2023, the government announced that 28% GST (Goods and Services Tax) would be levied on real money games which includes app based online gaming. As stated by the Finance Ministry, the new GST law will be effective from 1st October 2023. This tax will be applicable on the full value of deposits in
20th Sep, 2023
About revised Google Play Store policy for rummy apps in India
In 2023, the government of India announced that it would impose a 28% GST (Goods and Services Tax) on real money games. In light of the updated GST regulation which would also affect rummy apps, it has now been decided that rummy apps verified by Self-Regulating Bodies (SRBs) will be allowed on Play Store in