India Introduces Online Gambling Legislation

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MediaNama

Delhi HC dismisses Petition seeking ban on online gambling sites

Earlier this week, the Delhi High Court dismissed a petition requesting the court to ban online gambling websites operating in the National Capital Territory and other states. The petitioner challenged various websites that allegedly allow anyone to sign up and play their games, but later coerce users into spending money on them. The petitioner…

Law ・ 21 December 2023

Programming Insider

Malaysia Online Casino Regulations: Understanding the Legal Landscape

The online casino industry in Malaysia has experienced significant growth in recent years, providing players with convenient access to a wide range of casino games. However, understanding the legal landscape surrounding online casinos is crucial for both operators and players. This comprehensive guide aims to shed light on Malaysia's online casino…

Law ・ 28 August 2023

thecompanion.in

India’s Evolving Online Gaming Laws

Online gaming, betting, and gambling are activities that involve playing games or placing bets on the outcome of events using the internet or other digital platforms. These activities can be classified into two broad categories: games of chance and games of skill. Games of chance are those where the outcome is determined by random factors, such as…

Law ・ 21 August 2023

iGaming Business

India sets online gambling tax rate at 28%

The GST Council declared the decision during its 50th GST Council meeting. The GST has not confirmed when the rate will be begin, although amendments to existing legislation will be necessary to facilitate the tax. The new tax will be applied to the full-face value of a bet, rather than gross gaming revenue (GGR), making it a turnover-based tax. In…

Finance ・ 18 July 2023

Wild Casino

$5,000 Welcome Bonus

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medianews4u.com

How Will the Proposed Gambling Laws Affect Online Casinos

We all know how popular online gambling has become in all parts of the world. However, India has always been a country with specific gambling regulations. To be precise, for a long time, gambling has been a grey zone. Certain laws related to casinos were established in the past but did not apply to online gambling. The demand for online casinos has…

Industry ・ 02 May 2023

Bar and Bench

[The Viewpoint] Online Gaming to follow New IT Rules

On April 6, 2023, The Ministry of Electronics and Information Technology (MEITY) (notified as nodal ministry for all matters pertaining to online gaming industry and e-sports) notified amendment to the Existing IT Rules 2021 i.e. the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Amendment Rules, 2023 (" Amended…

Industry ・ 14 April 2023

Deccan Herald

How will gambling be identified and kept out of online games?

Making a departure from its earlier approach to online gaming, the Ministry of Electronics and and IT (MeitY), on Thursday, announced new regulations for online gaming, that would weed out the element of gambling or betting from the ecosystem. It has distinguished the game of skill from the game of chance, to prevent gamers from psychological harm…

Industry ・ 10 April 2023

Lexology

New Online Gaming Regulatory Regime Bans Wagering Apps- India

The Ministry of Electronics and Information Technology ("Ministry"), on April 6, 2023, notified the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Amendment Rules, 2023 ("Rules") [1] in a bid to regulate the online gaming industry. This development comes in the backdrop of the Finance Act, 2023 levying a flat 30%…

Industry ・ 12 April 2023

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Finextra

Should an International Online Gambling Project Enter the Indian Market? Legal Aspect

Today, India is one of the fastest-growing economies in the world, and its potential is just beginning to unfold. Speaking about the most popular business niche to which development India offers loyalty at the state level is the online gambling industry.What is the reason for such loyalty? First off, the absence of strict legislative regulation of…

Law ・ 09 February 2023

iGaming Business

India creates rules for online gambling

The Ministry of Electronics and IT in India published amendments to its Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules to address online gambling. A consultation on the amendments will be open until 17 January. Under the rules, an online game is defined as any game played via the internet where a player "makes…

Industry ・ 05 January 2023

The Hindu

Gaming and gambling: The Hindu Editorial on the Centre’s move to regulate online gaming

The Union government's proposed measures for regulating online gaming in a draft amendment to the Information Technology (Intermediary Liability and Digital Media Ethics Code) Rules, 2021 leave several questions unanswered. Some of these proposed measures, such as the establishment of a self-regulatory body, collection of know-your-customer (KYC)…

Law ・ 05 January 2023

MediaNama

Eight major issues with India's proposed online gaming rules

India's IT Ministry on January 2 released draft rules to regulate online gaming. We have done a summary of the proposed rules, but if some of them feel convoluted, unclear, or incomplete, that's because they are. Here are some of the key issues we found (so far) with the proposed rules: 1. Why are online gaming platforms classified as…

Industry ・ 04 January 2023

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Journals Of India

Online Gaming and its regulations

Of the numerous things that the pandemic has changed in our lives, an obvious one is the way we entertain ourselves. Amid the proliferation of OTT channels and the rise in viewing hours what has gone unnoticed is the burgeoning use of online gaming. The average time spent on online gaming has gone up almost 65 per cent from pre-Covid levels. More…

Industry ・ 19 October 2022

Insights On India

Rules regarding online gaming

Directions: This is taken from the explained section of Indian Express. Context: A task force set up by the Ministry of Electronics and Information Technology has prepared a final report of its recommendations to regulate the online gaming industry in India. What is online gaming? An online game is a video game that is either partially or…

Industry ・ 09 November 2022

ANI

AIGF lauds Ministry of Information and Broadcasting (MIB) on issuing an advisory on Advertisement of illegal offshore gambling platforms

New Delhi [India], October 5 (ANI/PNN): The Ministry of Information and Broadcasting (MIB) has issued an advisory on. In the advisory, the ministry said such sites pose significant financial and socio-economic risks for consumers, especially youth and children and has asked private television channels, digital news publishers and OTT platforms to…

Sports ・ 05 October 2022

The Covai Post

The Online Gaming (Regulation) Bill, 2022: A Welcome, but Insufficient Step in the Right Direction

Legislative Initiative Aimed at Boosting the Gaming Sector and Protecting the Players The Online Gaming (Regulation) Bill, 2022 was proposed as a private legislative initiative in the Lok Sabha on April 1 this year by MP Adv. Dean Kuriakose from Kerala. The draft bill is aimed at the creation of a regulated legal environment for gaming activities…

Law ・ 27 September 2022

US Sports

Indian group calls for cap on online gambling entry fees amid regulatory pressure

The growing popularity of real-money gambling, fueled by support from major cricketing figures, a sub-continental craze, has prompted regulatory efforts to tackle the risk of addiction, and reports of financial loss and suicides among young people. These games could represent up to 53% of a games market that is expected to reach $7 billion by 2026,…

Sports ・ 21 September 2022

US Sports

Skill or chance: Indian panel calls for regulator and new law for online gambling

Prime Minister Narendra Modi's panel of senior officials has been drafting regulations for the country's online gaming sector for months, where foreign investors such as Tiger Global and Sequoia Capital have backed gambling startups Dream11 and Mobile Premier League, very popular for fantasy cricket. The highly anticipated report is seen as key to…

Law ・ 15 September 2022

ABP News Live

Online Gaming Needs Regulatory Body In India To Classify Games Based On Skill Or Chance Strict Rules Govt Panel

A panel of Prime Minister Narendra Modi's top officials have said that India needs to have a regulatory body which will classify online games based on skill or chance. The body should also impose strict rules to ensure prohibited formats remain blocked and to come down hard on gambling websites, as per a report prepared by the government panel, as…

Law ・ 15 September 2022

Asia Financial

India Calls for Online Gaming Crackdown

An Indian government panel said the country should create a regulatory body for online gaming to crack down on gambling and addiction. The confidential draft report calls for the creation of a new regulatory body under India's IT ministry to determine which online games qualify as games of skill and which are closer to chance-based gambling. India…

Industry ・ 15 September 2022

Gambling News

Japanese Government Denies Any Plans for Gambling Reforms

Chief Cabinet Secretary Hirokazu Matsuno confirmed that a study group discussed the current gambling regulations in Japan and also denied any intention by the ministry to present a proposal to lift the ban on sports betting. In that, he is keeping with the Kishida administration's general sentiment towards the gambling sector, which is marked by a…

Law ・ 08 June 2022

SME Futures

The GST conundrum: A super hard level for the Indian online gaming sector

Uncharted, Evil Dead, Overwatch, Genshin Impact…these are not Hollywood films, but online games that give you a high adrenaline rush every time you dive into them. Every year, the number of online gamers in India surges due to the popularity of these visually enticing, heart-pounding games. According to EY research, the number of online gamers…

Industry ・ 01 June 2022

Business Insider Africa

Lessons from AAMS to African gambling regulators

The Italian regulatory entity AAMS stands for Agenzia Dogane e Monopolio di Stato is responsible for regulating the gambling industry and other sectors in Italy including customs relations and the tobacco industry. Known in English as AASM (Autonomous Administration of State Monopolies), this powerful gambling authority assumed its full powers and…

Law ・ 26 April 2022

Breaking News

Will Ireland create an online gambling authority?

The prospect of Ireland having a fully regulated online gambling market has been on the cards for years. There have been several projections forecasting new laws and legislation, but many setbacks have caused a delay to this coming to fruition. However, it's still widely believed that regulation will happen. The Programme for Government, and the…

Law ・ 23 October 2021