AIGF proposes simplified regulation to boost innovation and economic growth
Currently, India boasts over 450 million online gaming enthusiasts, with "pay-to-play" games generating 83% of the industry's revenues.
AIGF highlights the issue of illegal offshore operators, suggesting the introduction of verification signs to distinguish legal gaming platforms. Additionally, the organization points out significant treasury losses due to illegal gambling: annually, the country loses up to 28% in taxes from $100 billion in revenue, equating to about $2.5 billion due to the activities of offshore operators earning $12 billion from Indian users.
AIGF proposes simplified regulation to boost innovation and economic growth
Currently, India boasts over 450 million online gaming enthusiasts, with "pay-to-play" games generating 83% of the industry's revenues.
AIGF highlights the issue of illegal offshore operators, suggesting the introduction of verification signs to distinguish legal gaming platforms. Additionally, the organization points out significant treasury losses due to illegal gambling: annually, the country loses up to 28% in taxes from $100 billion in revenue, equating to about $2.5 billion due to the activities of offshore operators earning $12 billion from Indian users.
2024.05.16
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