Country implementing 28% GST on online gaming
Roblox Corporation reported Q2 2026 revenue of $1.5 billion, a 36% year-over-year increase, while daily active users climbed to 123 million. The platform missed bookings expectations due to monetisation shifts among younger users, but CEO David Baszucki reaffirmed the goal of capturing 10% of the global gaming market.
Effective October 1, a 28% Goods and Services Tax (GST) will apply to online gaming in India. Understand the implications for companies, the legislative process, and what this means for the future of the gaming industry.