Online gaming valuation rule fixes supply value by total player deposits and excludes refunds or unused amounts from deduction. The value of supply in online gaming, including online money gaming and actionable claims involved in it, is the total amount paid, payable, or deposited with the supplier by the player in money, money's worth, or virtual digital assets. Any amount returned or refunded by the supplier, including where the player does not use the amount for participation in an event, is not deductible from the value of supply of online money gaming.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Online gaming valuation rule fixes supply value by total player deposits and excludes refunds or unused amounts from deduction.
The value of supply in online gaming, including online money gaming and actionable claims involved in it, is the total amount paid, payable, or deposited with the supplier by the player in money, money's worth, or virtual digital assets. Any amount returned or refunded by the supplier, including where the player does not use the amount for participation in an event, is not deductible from the value of supply of online money gaming.
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