Tag: Tourism Diversification

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India cuts 75% of online gaming GST demands after court ruling

Indian tax authorities reduced proposed GST demands against Dream11, Gameskraft and Play Games24x7 by 75% after a Supreme Court ruling. The confirmed reductions total $5.6 billion.

SkyCity agrees NZ$221M hotel sale to cut debt

SkyCity Entertainment agreed to sell The Grand Hotel Auckland for NZ$221M ($124M), lifting proceeds above its shareholder commitment. Settlement is targeted for mid-December 2026.

Sri Lanka Port City: UEC exits integrated resort site

Universal Entertainment Colombo walked out of a 10-hectare Colombo Port City integrated resort plot during due diligence. Five of ten projects have pulled out.

Swedish court upholds Bet365 operator fines

The Swedish Administrative Court of Appeal upheld SEK4m and SEK40m fines on Bet365's Hillside subsidiaries for breaching player protection and deposit limit rules.

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