The recent news of 2-3 Indian states banning online real-money games came as a huge blow for the Indian real-money gaming platforms pertaining to the rummy, poker and fantasy sports space. The actions taken by the respective State governments have substantially scared off potential investors from India & abroad from ... Read More
10
Dec2020
10
Dec2020
Bengaluru | Mumbai: Online real-money gaming startups in the rummy, poker, and fantasy space are facing an increasingly challenging regulatory landscape, with Indian states banning or shutting down their operations on concerns over gambling addiction and income loss.
After the Madras High Court refused to stay Tamil Nadu’s ban earlier in ... Read More
03
Dec2020
The Indian online gaming industry has been experiencing a big uptrend in the past few years. Nonetheless, the recent developments regarding a minimum of three Indian states working on a ban on online gaming have raised serious questions regarding the future of this booming industry.
The state governments of two of ... Read More
20
Nov2020
News and developments regarding advertising guidelines for online gaming platforms are coming thick and fast. Just a few days back, a meeting was arranged by the Ministry of Information & Broadcasting (MIB) for carrying out talks with stakeholders to discuss ads run by Mobile Premier League (MPL) pool winner, Naam11.com ... Read More
19
Nov2020
The Ministry of Information & Broadcasting of the Indian Government is holding an important meeting on 18th of November on the subject of television ads being run by Mobile Premier League and other online gaming companies. Representatives of gaming companies, the All India Gaming Federation, Federation of India Fantasy Sports ... Read More
06
Nov2020
"It is high time that the governing bodies such as the All India Gaming Federation (AIGF) be invited to discuss these aspects at length to regulate the real money gaming space. The government is only losing revenue by not regulating the industry. People can play by going to the offshore ... Read More
30
Oct2020
Last month, a fairly innocuous matter of five men playing a game of cards for stake near a ‘thorny bush’ on a farm in the Tirunelveli district of Tamil Nadu, was somehow deemed worthy of being prosecuted by the Sub-Inspector of Police, Kudankulam Police Station. The police filed an FIR ... Read More
09
Sep2020
Indian homegrown gaming companies intent on making the most of the ban on PUBG with their substitute offerings need to be cognizant of whether their offerings don’t fall under the ambit of gambling, which will result in them becoming taxable.
“Games such as HitWicket, World Cricket Championship (WCC) or mythology-based games ... Read More
25
Aug2020
In a recent judgment, the Madras High Court called for monitoring of the online gaming industry as many youngsters are being enticed with prize money & gaming sites are turning out to be virtual gambling houses.
The court opined that “To regulate the physical sports/games, we are having a legislative set ... Read More
15
Aug2020
A report published by app intelligence firm Sensor Tower has once again brought to light the significance of the Indian gaming industry to the international ecosystem.
According to the firm’s latest study, from April-June of 2020, Indian users accounted for 2.7 billion app downloads from a worldwide total of 15.1 billion ... Read More