With real money gaming ban, govt. breaks off from self-regulation attempts
3 Articles
3 Articles
Opinion | Addiction, Laundering, Suicides: Why Real-Money Gaming Had To Go
The new gaming bill will effectively curb the predatory practices that have characterised much of India's online gaming sector. By severing the financial infrastructure supporting real-money games, it addresses addiction at its source.
With real money gaming ban, govt. breaks off from self-regulation attempts
The Promotion and Regulation of Online Gaming Bill, 2025 seeks to prohibit the multi-billion dollar industry practically overnight, a sharp break from the Union government’s past attempts at reining the industry’s harms in through self-regulation
India’s core values over commerce – why real-money gaming is being banned
Boria Majumdar Real-money gaming is all set to be banned. And in very simple terms, it means a death knell to what we have all termed as the fantasy sports industry. Add rummy, poker and other such platforms to it, and you know you are talking big money. Lakhs of jobs are at stake and thousands of crores will be lost in taxes as well. The economic costs of the bill is massive. The exchequer does stand to lose out. And significantly. And yet, the…
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