Playwin

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    Playwin defaults on loan repayments, insolvency petition filed

    Essel Group’s Pan India Network Limited, which operates various lotteries under the Playwin brand, has found to have defaulted on payment of various dues and loans, local media reports. It is understood that the default amount from Pan India Network Limited exceeds Rs 1.6 crores given to it by private company Sagar E-Shop Private Limited.  […]

    Playwin responds to GST roll-out in kind

    One of India’s leading private lottery distributors, Playwin, has announced a 30 percent hike in its lottery prices, following the imposition of the GST Council’s 28 percent tax, Glaws reports. The company made a public announcement on Twitter over the weekend, which coincided with the roll out of the new Goods and Services Tax (GST) […]

    Govt considers highest GST bracket for lottery

    The government of India is looking to place lottery tickets in the highest GST bracket of 28 percent, according to industry insiders. According to a report from The Economic Times, the new tax is a staggering increase from the minimal, or zero tax that is levied by around a dozen states with lotteries. Lottery operators […]

    Playwin, Maarm Int’l now offering keno and virtual horse-racing in Sikkim

    At least two online gaming license holders in the Indian state of Sikkim — Playwin (Essel Group) and Maarm International — have begun to offer Keno and virtual horse-racing in November, after securing clearances from the government, local sources report. The license holders have not managed to offer sports betting due to technical reasons but […]
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