The Indian betting industry is experiencing significant shake-ups as leading brands opt to discontinue their services in response to a new 28% Goods and Services Tax (GST) on offshore gambling companies. This tax policy change has created a complex operating environment for international betting brands in India.

Notable player Super Group recently announced its exit from India, citing the newly effective tax rules as making the Indian market commercially unviable. Their departure highlights the challenges faced by offshore gambling companies in the country.

The Indian Government’s decision to impose a 28% GST on gambling services reflects their efforts to exercise greater control over the gambling and gaming industry, including online gaming, horseracing, and casinos. The Ministry of Information and Broadcasting has intensified these efforts by calling for a complete cessation of gambling advertisements across all platforms.

However, amidst these changes, Fun88 has emerged as an alternative for Indian bettors. This platform is committed to providing a betting experience without imposing GST and TDS charges on its users. Fun88 has already established a strong presence in the Indian market, offering a wide range of sports betting options and casino games.

In addition, Fun88 has a proven track record of successful partnerships and expansions. They have become Newcastle United’s Asian betting partner and recently launched their website in Vietnam.

Leave a Reply

Interested in our Domains?

    Interested in our Solutions?