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    The Goods and Services Tax Council that met today (July 11) in New Delhi has bad news for online gaming companies. The council has agreed to levy a 28 per cent tax on online gaming, casinos and horse racing. The council said there should be no distinction between "game of skill" and "game of chance," closing a loophole that has allowed fantasy sports companies to justify their offerings as skill-based. The 28% taxation has been in the offing for the gaming companies as the Group of Ministers (GoM) in their previous meeting had broadly agreed for the proposed taxes on the said activities, there was no consensus on online gaming as Goa proposed to impose only 18 per cent tax on platform fees. "Our intention is not to end online gaming, casino, horse racing. But all these have become so complex that go this route or go that route, each route has transparency to a certain extent, but after that, it is opaque," she said. The decision is not in favour of gaming companies who have been opposing 28% GST on online games. This decision does not take into account the pleas of the industry, global precedents, and even counters the favourable regulatory environment being built up for online gaming in recent months. faux saint laurent bagburberry baguette bag

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    Online sports betting has never been more accessible and easier to understand, particularly moneyline betting, which, as betting explodes in popularity and more types of bets are offered, remains the simplest form of sports betting. What Does Moneyline Mean? A moneyline bet – also written as "moneyline" or "ML" – is placed on an outcome of one event. Without a point spread in moneyline betting, the margin of victory is irrelevant. How to Read the Moneyline Even: If neither side is favored, the moneyline odds are even, aka a pick or pick 'em, at +100. And you can learn how to calculate parlay odds and payouts.Moneyline Parlays You can add more excitement and bigger potential payouts to your sports betting experience by combining moneyline bets into parlays. faux saint laurent bag

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