India creates rules for online gambling

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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

Grandprix 247

Licensing and Regulation Ensures Safe Real Money Gambling in Australia

In this article, we'll dive into these mechanisms' critical role in ensuring a secure gambling environment. Imagine walking into a brick-and-mortar casino in Sydney. You'd expect it to have the necessary licenses and permits to operate legally, right? Well, the same principle applies to online casinos. Licensing is the foundation upon which trust…

Gambling Addiction ・ 25 September 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

Deposit bonuses are optional and must be requested by the player when making a deposit. For example, use Promo Code WILD1 to a 100% Casino bonus. Your bonus request will be assessed and, if your account is eligible for the bonus, it will be added to your account immediately.

TechRound

Are Online Casinos in Australia Regulated?

Online gambling has gained significant popularity worldwide, providing individuals with convenient access to casino games and wagering opportunities. However, regulating casinos on the Internet remains a pressing concern in many countries, including Australia. Recent research highlights the disparity between Australia's regulations and those…

Law ・ 14 July 2023

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

Forbes India

Can The Gatekeepers For Online Gaming Help Curb Betting, Gambling?

The online gaming industry has seen a fair share of turmoil over the past few years, especially due to the absence of a nodal ministry and a national regulatory framework. The last week, in particular, saw several developments related to the sector that have players with a skin in the game keeping a close watch. The government issued regulations to…

Industry ・ 14 April 2023

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Brand Equity

tamil nadu: Tamil Nadu governor gives assent to bill banning online gambling

Governor RN Ravi on Monday approved a long-pending Bill to ban online gambling, which includes online rummy and poker with stakes in the State. The legislation, called the Tamil Nadu Prohibition of Online Gambling and Regulation of Online Games Bill, also seeks to regulate online gaming including fantasy sports which may now need vetting by a…

Law ・ 11 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

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

Gambling News

India Introduces Online Gambling Legislation

Image Source: Shutterstock.com On Monday, the Indian government proposed the rules, which will be part of the Indian Intermediary Guidelines and Digital Media Ethics Code, due to concerns over the rising number of complaints of gambling addiction, especially among minors. For the first time, these regulations will oversee aspects of online gambling…

Law ・ 12 January 2023

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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

rediff.com

Online Gaming: Age Verification Coming!

Gaming platforms will also be required to display a warning after a certain time of usage to reduce the risk of addiction. The ministry of electronics and information technology (MeitY) is close to finalising a policy to regulate online gaming and is likely to mandate an age verification mechanism and know-your-customer (KYC) norms for all…

Industry ・ 26 December 2022

Game Industry News

How Online Casinos Are Regulated in Ireland

Just like prohibition couldn't stop alcohol in the United States at the turn of the 19th century, making gambling illegal in Ireland couldn't stop people from wagering. After the Irish government realized that its citizens were going to gamble, whether legislators wanted them to or not, so they did the sensible thing. They passed laws to regulate…

Law ・ 24 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

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

Lexology

The road MAP to advertising real money online gaming

The popularity of online gaming platforms has soared high in recent times with enthusiasts from all age groups. The rising trend of demand for such games has made it critical to speculate its promotion through advertisements. The Ministry of Information and Broadcasting (" MIB ") has issued an advisory (" Gaming Advisory ") dated June 13, 2022 to…

Industry ・ 29 June 2022

AGB - Asia Gaming Brief

Kazakhstan focuses on responsible gambling, Uzbekistan regulation slow

Two years ago, Kazakhstan took a retrograde step by introducing restrictive regulations, but the government has not been sitting still and is now focusing on amendments to prevent gambling harm. Ilya Machavariani and Ivan Kurochkin, partners at consultancy 4H, update us on the latest developments in Kazakhstan and its neighbors, Uzbekistan and…

Law ・ 06 June 2022

Live Law

Plea To Regulate Online Gambling By Constituting A Regulatory Body: Delhi High Court Issues Notice

The Delhi High Court has issued notices to the Central government and the Delhi government on a petition seeking regulation of online gaming by constituting a regulatory body to differentiate between a game of skill and a game of chance and decide what is permissible in law. A Division Bench of Acting Chief Justice Vipin Sanghi and Justice Sachin…

Law ・ 26 May 2022

New Indian Express

Online gaming will benefit from robust regulation- The New Indian Express

The ubiquity of technology has led to numerous new avenues of business-e-commerce, entertainment, education, communication, etc. This has called for the management of the respective sectors and the need for their regulation has been felt. One less noticed sector is the area of online gaming, which received a massive boost during the pandemic. As…

Law ・ 25 May 2022

Qrius

India online gambling ban is always doomed to fail, unless states take on multi-dimensional view on regulation

At least three states in India have sought to curb the online gaming industry, which has been experiencing an explosion of growth recently amid the coronavirus pandemic. Yet state officials have yet to win in their quest to "curb the menace" supposedly brought on by gaming. India doesn't have a common legislation that governs the online gaming…

Law ・ 18 December 2021

Money Control

How Karnataka's Online Gambling Bill Could Impact Skill-based Gaming Startups

Karnataka's proposed amendment to ban online gambling could have major implications on Indian skill-based gaming startups, since it brings them under the ambit of the regulation by removing the distinction between game of skill and game of chance, according to industry experts. Karnataka's legislative assembly had tabled the bill on Friday to amend…

Sports ・ 21 September 2021