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India's Supreme Court upholds 28% GST on skill-based online games

Regulation

India’s Supreme Court ruled that skill-based games including poker, fantasy sports and rummy fall within gambling for tax purposes and are subject to 28% GST, according to the report. The ruling supports retrospective application and taxation on the full value of bets rather than gross gaming revenue. Media reports estimate sector back taxes could reach US$14 billion.

Taxing full wager values retrospectively could increase liabilities for online gaming operators.

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Regulation

Pennsylvania skill games ban leads Republic Amusements to cut 81 jobs

Republic Amusements, a Camp Hill company that owns Capital Vending, Apple Vending and Entertainment Experts, is cutting 81 jobs, according to a WARN notice. This follows a Pennsylvania Supreme Court ruling that skill games are illegal gambling machines, which took effect this week and requires removal of an estimated 70,000 machines. Legislation to legalise and regulate the games has stalled over tax rates, and State Police say they have agreed rolling removal timelines with six operators and distributors.

Republic Amusements, a Camp Hill company that is the parent entity for Capital Vending, Apple Vending and Entertainment Experts, is cutting 81 jobs, according to a Worker Adjustment and Retraining Notification Act notice. The cuts follow the June ruling by the Pennsylvania Supreme Court that skill games are illegal gambling machines, a decision that became effective this week and requires businesses and vendors to remove an estimated 70,000 machines.

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