India Losing $2.5 Bn In Annual GST Revenues Due To Offshore Betting Platforms: AIGF

Industry body All India Gaming Federation’s (AIGF’s) CEO Roland Landers has said that offshore illegal betting platforms are costing the national exchequer $2.5 Bn in goods and services tax (GST) revenues every year. “Offshore illegal betting and gambling platforms are collecting deposits worth $12 Bn in a year, which implies a loss of at least $2.5 Bn in GST revenues to the gove…