For sectors like 'online gaming' and 'cryptocurrency, a single word that best describes the present regulatory situation is 'uncertain'. The two sectors are blasting in India, yet states have their concerns identified with user security.
This difficulty played out again as of late, with Karnataka notifying a law to boycott real-money ... Read More
13
Oct2021
12
Oct2021
The All India Gaming Federation (AIGF), a talent gaming trade physique, along with 4 distinct real-money gaming firms have moved the Karnataka High Court docket challenging the state authorities online playing guideline that came into effect on October 5.
In view of a report in Moneycontrol, the organizations, Mobile Premier ... Read More
11
Oct2021
The All India Gaming Federation (AIGF), a skill gaming industry body, alongside four other real-money gaming organizations has moved the Karnataka High Court challenging the state government's online gambling law that happened on October 5.
As indicated by a report in Moneycontrol, the organizations, Mobile Premier League (MPL), Games24X7, A23 ... Read More
11
Oct2021
It was an uncommon time when Prime Minister Narendra Modi tended to the whole country, with everybody stuck before their TVs, as he upheld a cross-country lockdown from March 23, 2020.
Confusion is putting it mildly for what follows. Individuals lost jobs, homes, walked thousands of miles just to be ... Read More
11
Oct2021
The Karnataka government as of late started implementing the Karnataka Police (Amendment) Act, 2021, which condemns movements of every kind that fall under the umbrella of online gaming by bringing it under the extent of 'betting and wagering'. The enactment subjects players taking an interest in such exercises to a ... Read More
09
Oct2021
Skill gaming industry body All India Gaming Federation alongside real money gaming firms Mobile Premier League (MPL), Games24x7, A23(Ace2Three), and Gameskraft have moved toward the Karnataka High Court appealing against the state's online gambling law that happened on October 5.
These organizations have filed writ petitions in the Karnataka High ... Read More
08
Oct2021
The issue at hand was obvious to everyone. Since last November, winds of a potential, all-unavoidable restriction on all types of online gaming have been blowing in Karnataka. Which today has come true! Fourteen days after the Karnataka legislative assembly passed the Karnataka Police (Amendment) Bill, 2021, Governor Thawar Chand ... Read More
08
Oct2021
In 1957 the Supreme Court of India has over and again repeated that skill games are not gambling exercises and offering games of skill is an authentic business action secured under the Indian Constitution. The Karnataka High Court has used similar principles to hold various games as games of skill ... Read More
08
Oct2021
Members from the Federation of Indian Chambers of Commerce and Industry (FICCI) have communicated their conflict with the prohibition of online betting in the territory of Karnataka.
An amendment banning all types of gambling in the state keeps on drawing analysis from the industry even as it becomes effective recently. Members ... Read More
08
Oct2021
The gaming business needs the Karnataka government to define 'games of chance' and 'games of skill' in the wake of another law banning online gambling.
During the as of a late concluded monsoon session in the two houses the state council, the government passed a law that the gaming industry, ... Read More