Tag: online gaming market

24

Sep2021
Karnataka Assembly has passed an amendment to the Karnataka Police Act, 1963, which tries to boycott online gaming and curtail online gaming. Chief Minister Basavaraj Bommai said the proposition isn't substantial for online games that rigorously comply with "games of skill". The online Skill Gaming industry expresses worries over the ... Read More
September 24, 2021Roland Landers

24

Sep2021
The All-India Gaming Federation (AIGF) claimed the forbidding of online gambling would harm the state's reputation as a tech- hub and start-up capital. The news that the Karnataka state government is thinking about revising the Karnataka Police Act 1963 to boycott all types of gambling in the state, including online gambling ... Read More
September 24, 2021Roland Landers

24

Sep2021
Experts say the Karnataka Police Bill, 2021, which tries to ban online gambling and betting, may confront legal obstacles. The Karnataka government on Tuesday, 21 September, passed a controversial bill that outlaws online gambling and 'games of chance'. The Legislative Assembly decided on Saturday to change the Karnataka Police Act, ... Read More
September 24, 2021Roland Landers

23

Sep2021
As the Karnataka Assembly passed amendments to Karnataka Police Act, seriously affecting the online gaming industry, the industry is confident of an explanation on the bill in regards to the rejection of 'games of skill'. According to the bill that was tabled and passed in the Karnataka Assembly, the State ... Read More
September 23, 2021Roland Landers

23

Sep2021
Experts say the Karnataka Police (Amendment) Bill, 2021, which tries to boycott online gambling and betting, needs clarity and may face legal difficulties, especially over how authorities recognize an activity, website, or application as dangerous. The bill, passed in the assembly on Tuesday, doesn't determine which games or entities with ... Read More
September 23, 2021Roland Landers

23

Sep2021
The Karnataka government's decision to boycott online gambling, which includes skill-based games, is a misfortune to the enormous expert players community in the state and would harm its standing as a startup center, the All India Gaming Federation (AIGF) has said. India is the fifth-biggest online gaming market universally, and ... Read More
September 23, 2021Roland Landers

23

Sep2021
Indian tech startups and industry associations have expressed concerns and looked for clearness over the Karnataka government's bill to boycott online gambling. Rameesh Kailasam, CEO of IndiaTech.org, an industry body that represents founders of Indian startups and investors, revealed to Moneycontrol that they have prescribed to the Government of Karnataka ... Read More
September 23, 2021Admin akads

23

Sep2021
After the ban on rummy games in Kerala recently, now the Karnataka government has passed the Karnataka Police Act amendment act that tries to ban online "games of chance" wherein the end-user could get an opportunity of losing money. The state government has underscored that it will bargain against operators ... Read More
September 23, 2021Roland Landers

21

Sep2021
India's business of recently stamped gaming unicorn Mobile Premier League (MPL) has arrived at breakeven and is one reason why the organization feels sure about making worldwide bets. "We have this chance to fabricate a worldwide business because the India business has enough in it to support itself. Presently, all ... Read More
September 21, 2021Roland Landers

21

Sep2021
The Karnataka Police (Amendment) Bill, 2021, was tabled in the Legislative Assembly on 17 September to boycott online gaming or betting by revising the Karnataka Police Act of 1963, with the most extreme detainment of three years and punishment up to ₹1 lakh. Home Minister Araga Jnanendra presented the Bill, ... Read More
September 21, 2021Roland Landers