Jetsynthesys: Can Gaming COS Sail Through This Tide? | Startup Central | Business News

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Published on July 12, 2023 3:21:26 PM ● Video Link: https://www.youtube.com/watch?v=wHAtD2-Fp8I

Duration: 13:14

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The GST Council approved 28% GST on online gaming, casino and horse racing on full value. Experts believe that this move could stunt the growth of the industry. On this edition of Startup Central, Avanne Dubash caught up with Rajan Navani, Founder and CEO, JetSynthesys who weighed in on what he thinks the norms could mean for the industry. He said stakeholders will need to figure out new models to navigate through the situation. He says real money gaming and fantasy gaming will be largely impacted. He says that the video gaming industry will largely remain unimpacted by the move. He also says monetization of games also happens through advertising. Listen in to a slice of this exclusive conversation.
#gamingindustry #gaminggst #gstcouncilmeet
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