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Cricket Betting In India Opens Up Tremendous Opportunity For Gamers
Almost every month of the year the cricket team is playing either in domestic levels or in some international competition. It creates betting opportunities at skyexchange-id.info for skilled gamers. Regardless of the nature of current debate on skill versus chance games, the fact remains that with skill a gamer can navigate safely in real money…
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Real Money Games Will See Tremendous Growth In Content And Consumers Alike
Real money games are at the core of the gaming industry. This core creates value for the gaming industry and companies operating the real money gaming platforms in particular. The revenue that a real money gaming platform like skyexchange ipl generates sustains the entire gaming platform of that company. Gamers also like to participate with…
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Increase Skill Factor More Than Chance Factor In Real Money Games
Real money games are a combination of skill and chance. Both are part of every real money game from live casino card games to fantasy sports to betting on real sports. A professional or any such gamers on skyexchange 247 or on any other platform who wants to gain steady income needs to increase skill…
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Online Gaming Is A Serious Business Now As Big Boys Are Playing Serious Games
Games online have grown in popularity and spread. The sector is one of the fastest emerging sectors in the digital revolution in the country. Professional gamers as a group is growing and they prefer real money games like skyexchange ipl for real money gains through their skills and knowledge of cricket. The popularity and growth…
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Experienced Gamers With Large Following Are Getting Live Event Offers
Gaming companies are growing new avenues to engage with customers and followers of real money games or non-real money games. The companies are organizing live events where a live contest is held in the presence of an audience. Companies such as skyexchange-id.info are offering real money games in all categories from fantasy to card games…
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Real Money Games Google Play Store Appearance Will Create New Consumers
In a significant development in the field of real money games, Google has said that it is opening its play store to real money gaming apps. The real money games have to prove their legality to get access to google play store. This will create interest in real money games for consumers who so far…
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Dedicated Gamers And Cost Management Boosted Revenue Of Online Gaming Platforms
Leading online real money gaming platforms and fantasy sports providers have increased their revenue in the current quarter. Gamers, especially for real money games, are increasingly coming to leading platforms such as skyexchange-id.info to exploit their skills and experience. This steady growth in gamers has enabled real money gaming to dominate the revenue generation for…
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Valuation Rules for Levying GST on Online Gaming Is Are Prospective
Other day the minister of finance was replying to a question in the parliament that valuation rules for levying goods and services taxes of 28 percent on online real money gaming are prospective in nature. And the taxes will be on face value at entry level only. It means that a gamer playing with sky…
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Gaming Industry Needs Support For Its Growth And Development As A Revenue Generator
Exponential growth of the online gaming industry has created enormous opportunities for several stakeholders. These range from countries to companies, gamers, investors and revenue collectors. The gaming industry has spread rapidly in the last few years, thanks in part to the coronavirus induced lockdowns. Inexpensive data charges and penetration of the net facilitated the growth…
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Authorised Online Gaming Companies Ensure Transparency Of Deposit And Withdrawal Processes
In any field there are both authorised players and many unauthorised players. The authorised players are certified and work with the legal framework created for that particular industry. For an average gamers, the simplest way to differentiate an authorised gaming company from others is to know where they operate from. Authorised companies for example, sky…
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Live Cricket Action On Digital Platforms Has Reduced The Television Viewership
Over the recent couple of years, a new phenomenon has emerged in the country in digital viewership. It is that more and more viewers are likely to see a sport event on digital platforms than on traditional medium television. And gaming platforms such as Sky exchange 247 cricket live have emerged the favourite of many…
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Online Gaming Is Evolving As A Career For Gamers With Expertise In A Particular Game
Online gaming is not just confined to entertainment and time killing. It is fast becoming a career choice for many youngsters across the country. And the phase has just started. It will continue to evolve and increase with platforms like skyexchange-id.info in coming years and decades. Recently the participation of youngsters from India in Asian…
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Develop Gaming Skill To Create Career Opportunity In Gaming And Video Games Industry
Skills in the gaming industry are recognized world over as sporting skills. The popular video games and online games are becoming part of competitions at the world level. After being part of demonstration sports in previous Asian games in Jakarta, the video games FIFA is now part of Asian games as a medal competition. Generally…
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Casual -Gaming Companies Are Exploiting Non- Intellectual Property Right Games
Few days back in the economic times startup awards 2023, a gaming company that is into casual games won the top prize in the online gaming category. The casual games and online gaming industry have been able to grow their consumers steadily over the years. But professional gamers and those who like to earn handsome…
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Online Gaming Platforms Need To Attract Advertisers To Find New Ways For Revenue
Probably for the first time in the history of broadcasting in the country, several leading television sport channels are live telecasting the BGMI masters tournament from august 4. This is a new development with huge significance. It demonstrates that online gaming is not confined to some few gamers who just want to kill time. The…
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Level Playing Field For Both Foreign Based Online Gaming And India Based Platforms
The government on Saturday 19 August 2023 notified the amendment act on goods and services tax to impose higher tax slab on online gaming companies in the country. The only thing which is favorable from online gaming platforms point of view is that there is no repetitive tax. Online gaming companies were fearing that repetitive…
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Nature of Online Gaming Industry Will Go Through a Change If GST Council Decision Remain Intact
Whatever the clarification from the goods and services council on the latest taxation matter on the online gaming industry, the gaming industry is not going to remain the same. Industry needs new thought processes and ingenuity to meet the challenge of a higher taxation regime. Big companies and authorized platforms like skyexchange-id.info are planning to…
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Ministry Of Information and Technology Agree In Principle to Review The GST Decision
It has been slowly emerging that big and established online gaming are going for major innovation and technical changes to meet the obstacles in form of higher goods and services taxation. Major gaming companies and their platforms including skyexchange-id.info are designing innovative games and team sports to offset the channel of higher taxes. They are…
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Only Income Generated By Online Gaming Platforms Should Be Subjected To GST
Recently gaming company representatives from the leading companies met authorities to discuss the taxation issue facing online gaming companies. Company representatives from companies such as sky exchange-id.info raised their concerns regarding the proposal to levy higher goods and services tax on the gaming industry. Gaming platforms and companies that operate the platforms are concerned that…
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The Government Is Reducing The Compliance Burden On Online Gaming Companies
The government has been trying to create a conducive environment for online gaming companies. To achieve the goal the central government has taken a number of steps. From giving sun-rising status to online gaming platforms such as sky exchange-id.info to enacting laws for the safety of online gamers, the constant effort of authority has been…
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Tax Deducted At Source Will Be On The Net Wining Amount
Government has come out with many measures to provide legal support and smoothen the environment for online gaming companies. The latest is the announcement that tax deducted at source TDS will be on the net winning of the user. Any authorized and certified online gaming company like sky exchange –id.info will not be subjected to…
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Consumption Of and Investment In The Online Gaming Industry Are At The Highest Levels
The online gaming industry in the country is entering a rapid growth phase. The first indication of this phase came in the form of government support when it announced the legal framework for the online industry. With this recognition, a gamer comes to an online platform for sign up like sky exchange sign –into play…
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Gamers Prefer Familiar Online Games And Gamers Familiar Concepts
Along with the growing popularity of online games, online games with Indian concepts have also gained popularity among gamers. Gamers prefer games they can play with higher chances of winning. And they also play games based on familiar concepts from Indian history, mythology, or ancient games in modern versions. Taking this concept earlier into game…
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Trademark Breach Hurts The Business Of A Gaming Platform
One of the leading gaming platforms with a gaming app filed a case in the high court against a leading global search engine that is preventing consumers from coming to the app. The gaming app is seeking to stop the search engine from trade infringements. However, the leading gaming platforms such as sky exchange-id.info are…
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Play and Get Engage With A Brand Online At The Same Time
These days the leading consumer brands and brands dealing with products which youth-centric products are coming into online games as well. They are increasing their presence by becoming part of online games. A gamer coming on skyexchange in play may get engagement with her favorite brands or other brands. The whole idea is to get…
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IPL Is The Pioneer Of Start-Ups In The Country With Valuations Increasing Every Year
Ever since its beginning in the year 2007, the IPL, the Indian primary league, has been touching new heights every year. It became a unicorn in 2008 when its valuation exceeded $1.1 billion. The league is so popular that it also has come up in online versions on several leading online game platforms. The valuation…
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KYC Provision Needs Further Clarity For Attracting New Online Players
Know your customer provision in the new draft regulation proposed in the amendment to the information and technology act 2021 needs further explanation. Knowing your customer should be a simple procedure with clear guidelines. However without the need for new proposals on knowing your customers leading platforms have made the journey of online player easy.…
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A Self-Regulatory Organisation for Approving and Registering Online Games
The government of India has mentioned that there will be a self-regulatory organisation for approving and registering online games in the country. This announcement is part of the proposal to the amendment to the information and technology rules 2021. The same organisation will also ensure that there is a proper mechanism to address any grievances…
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The Online Gaming Industry Is Sun Rising Industry According To The New Proposed Amendments
The online gaming industry in the country is likely to touch 8.6 billion US$ in the next few years compared to just 2.6 billion US$ $ in 2022. At the same time, the player’s base is increasing rapidly in tier 2 and tier 3 cities. Already there are multiple unicorns in the online industry. The…
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Recognition Of Games Of Skill Is Emerging In Online Gaming Industry
The consensus is emerging that games based on the skill of a player are not games of chance, and thus are within the legal framework for online gaming. The government of India is also seemed to come to the same view. It proposed a draft regulatory frame for online games, which is under discussion among…
