Super Group announces exit from India following tax charges

Super Group has made the decision to cease its services in the Indian market due to upcoming changes in the Indian Goods and Services Tax, set to be implemented on October 1, 2023.
India has recently announced its intention to impose a 28% tax on various forms of gambling, including casinos, horse racing, and online gaming.
During its 50th meeting, the council also decided to grant tax exemptions to certain pharmaceutical products while reducing the tax rate on food and beverages served in movie theaters from 18% to 5%.
 
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