Tag: online fantasy gaming

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
October 8, 2021Roland Landers

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
October 8, 2021Roland Landers

08

Oct2021
The ban on online gaming became effective in Karnataka with the state government notifying the Karnataka Police (Amendment) Act, 2021 on Wednesday. The Act bans all formats of online games including betting, wagering, and gambling of all nature and forms in the state. Minutes after the notification, a few gaming ... Read More
October 8, 2021Roland Landers

08

Oct2021
Manish Agarwal, the CEO of India's first publicly recorded gaming organization Nazara Technologies, is hopeful that more clarity will arise in the country's real-money gaming market in the coming quarters. Over the previous year, a few Indian states like Andhra Pradesh, Telangana, Tamil Nadu, and Kerala have restricted or attempted ... Read More
October 8, 2021Roland Landers

07

Oct2021
Sequoia Capital-funded Mobile Premier League (MPL) was among the initial, not many gaming startups that started hindering access to users in Karnataka on Wednesday following a restriction on online gaming. The law, which became effective late on Tuesday, boycotts online games including wagering and betting, and "any act or gambling money, ... Read More
October 7, 2021Roland Landers

07

Oct2021
The Karnataka government's notification restricting all skill games that include entry fees has left the industry confused and frustrated as it has come surprisingly close to the state home minister saying that the state will execute the principles in around two months. Prior, the Home Minister of Karnataka had said ... Read More
October 7, 2021Roland Landers

07

Oct2021
The gaming industry, reeling under the prohibition on money-based online gaming in Karnataka that has happened for the current week, is set to take a lawful response to challenge the move. Associations like the All India Gaming Federation and The Online Rummy Federation are at present assessing legal challenges including ... Read More
October 7, 2021Roland Landers

07

Oct2021
Uncertainty poses a potential threat over e-gaming platforms in Karnataka with the State government announcing the Karnataka Police (Amendment) Bill on October 5. The legislation boycotts online betting and gambling and diminishes online gaming. Online gaming in India is divided into various sections, including fantasy sports, esports, casual games, and real ... Read More
October 7, 2021Roland Landers

07

Oct2021
Karnataka has become the latest state to impede fantasy sports and skill-based gaming after the law came into effect on Tuesday. Revealed first by Reuters, the law boycotts online games including wagering and betting and "any act or gambling money, or in any case on the unknown consequence of an event ... Read More
October 7, 2021Roland Landers

07

Oct2021
The Government of Karnataka tabled the Karnataka Police (Amendment) Bill, 1963, in the Legislative Assembly on September 17, and the equivalent was passed by the assembly on September 21. The bill tries to restrict gambling in the state, including curtailing online gambling, with the most extreme detainment of three years ... Read More
October 7, 2021Roland Landers