Karnataka Bill banning online gaming will hurt Indian start-ups: CAIT

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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

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

The Hindu BusinessLine

Why India’s online gaming industry desperately needs a regulatory architecture

India is one of world's biggest markets for online gaming. There are nearly 433 million online gaming app users and they are growing rapidly. Almost half of them are in the 15-64 age group. During the pandemic, the usage of these apps soared by 65 per cent. According to Sensor Tower Research, India had the world's highest number of game downloads…

Industry ・ 05 July 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

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The Jerusalem Post

Despite ban in Karnatak, India online casinos expect 3x growth in 2022

Recently Karnataka, a state in the southwestern region of India, has banned online gambling and related activities in the state. Although the state was a hub of online gamers and gaming startups, the ban may have only a slight impact on the online gaming market in India. Different state governments in India have different perspectives towards…

Rummy Games ・ 15 December 2021

Inc 42

Exclusive: MPL Moves Office To Delhi Post Online Gambling Ban

MPL's shareholders have approved the shifting of the company's registered office in Bengaluru's Hobli to Delhi's Barakhamba Road Following the ban, MPL was one of the first fantasy sports platform to have pulled the plug on its operations Last month MPL entered the unicorn club after raising $150 Mn in its Series E round from Legatum Capital,…

Sports ・ 27 October 2021

The News Minute

Karnataka online gambling ban: Karnataka HC to hear petitions challenging new law

The Karnataka government had notified the new law making online gambling punishable with a maximum imprisonment of three years or a fine of up to Rs 1 lakh. The Karnataka High Court on Wednesday, October 27, will start hearing a batch of petitions filed by All India Gaming Federation and individual companies challenging the new Karnataka law…

Law ・ 24 October 2021

Hindustan Times

Karnataka HC to hear plea against arrests in online gambling ban on October 27

The Karnataka high court on Friday formally observed that the government can accede to requests that no arrests be made under the new law that bans online gambling. However, there was no order to this effect, people aware of the developments said. "There is no order or any direction. The case has been posted for Wednesday (October 27) for…

Incidents ・ 22 October 2021

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Inc 42

Everything You Need To Know About Karnataka's Ban On Online Gaming

The online gaming industry has the potential to generate $2 Bn in revenues by 2023 and is currently valued at $1 Bn+ Despite the boom, Indian states are undecided on the legalisation of online gaming due to the indecisiveness of what comprises a game of skill or a game of chance While the governments of Karnataka, Kerala, Tamil Nadu, Odisha and…

Strategy Guide ・ 03 November 2021

Business Standard

Skill gaming startups caught in Karnataka's online gambling ban

For sectors like'online gaming' and'cryptocurrency', one word that best describes the present regulatory scenario is'ambiguous'. Both sectors are booming in India, but governments have their concerns related to user safety. This dilemma played out again recently, with Karnataka notifying a law to ban and betting. The law provides for up to three…

Sports ・ 12 October 2021

The Indian Express

Days after ban on online gambling in Karnataka, case lodged against Dream 11

Days after the Karnataka government notified amendments to the Karnataka Police Act, 1963, which seeks to ban online gaming and curtail online gambling, a case has been registered against Dream 11, an online fantasy sports platform in Bengaluru. This is probably the first case registered after modifying the law to curb online gaming. On October 7,…

Sports ・ 09 October 2021

Money Control

MPL, Games24x7, AIGF Approach Karnataka High Court Against Gambling Ban

Skill gaming industry body All India Gaming Federation along with real-money gaming firms Mobile Premier League (MPL), Games24x7, A23(Ace2Three), and Gameskraft have approached the Karnataka High Court appealing against the state's online gambling law that came into effect on October 5. These firms have filed writ petitions in the Karnataka High…

Law ・ 08 October 2021

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Hindustan Times

Companies may move court against govt ban on online gambling and games

With the Indian Premier League (IPL) still going on, gaming companies were caught off guard as Karnataka government ban on online gambling and games was notified on Tuesday. A number of online gaming companies are dependent on the IPL as it brings a significant chunk of the revenue. Companies are now looking for a legal recourse to challenge the…

Covid ・ 07 October 2021

TalkEsport

Karnataka Proposes Ban on Online Games Involving Betting and Gambling

The government of the Southern State of India - Karnataka, Home to India's Silicon Valley aka Banglore, has proposed a law to ban online games and gaming activities involving elements of wagering and gambling in an effort to curb the increasing gambling addiction among the rural youth population. The Karnataka government has moved a bill proposing…

Law ・ 04 October 2021

Legit Gambling

Online Gambling Ban In Karnataka Could Impact 500 Start Ups

Multiple states in India have proceeded to crackdown on online gambling operators in the last 18 months. The COVID-19 lockdown in India resulted in a massive spike in online gambling across India which has caused serious concerns for anti-online gambling campaigners. The South Indian state of Karnataka decided to introduce a Karnataka Police…

Covid ・ 10 October 2021

BW Businessworld

Karnataka Govt Bans Online Gaming To Stop Digital Gambling Causes Uproar

Chief Minister Basavaraj Bommai said the proposal is not valid for online games that strictly comply with the "game of skills". 1630347669_u3u7wF_Untitled_design_17_.jpg Amid all the controversy and flak from the gaming industry, the Karnataka Assembly has passed an amendment to the Karnataka Police Act, 1963, which seeks to ban online gaming and…

Industry ・ 24 September 2021

MediaNama

Karnataka's bill banning online gambling makes industry stakeholders unhappy

The Karnataka legislative assembly's lower house on September 21 evening approved a bill banning all betting and gambling by passing the Karnataka Police (Amendment) Bill, 2021, which MediaNama obtained and summarised last week. The law drew rebukes from industry players and their associations, and legal experts cast doubt on whether the law would…

Industry ・ 23 September 2021

Money Control

Indian Startups Seek Clarity Over Karnataka's Online Gambling Bill

September 22, 2021 / 06:47 PM IST Indian tech startups and industry associations have expressed concerns and sought clarity over the Karnataka government's bill to ban online gambling. Rameesh Kailasam, CEO of IndiaTech.org, an industry body that represents founders of Indian startups and investors, told Moneycontrol that they have recommended to…

Sports ・ 22 September 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

The News Minute

Industry bodies, trade assoc flag risks of Karnataka Bill banning online gambling

Industry and trade bodies say that the bill, tabled in the Karnataka Assembly, to ban online gaming and betting in the state also bars game of skill and will lead to loss of livelihood. A number of industry and trade bodies have appealed against a bill tabled in the Karnataka Assembly that will ban online gambling or betting in the state and…

Industry ・ 21 September 2021

Bangalore Mirror

karnataka: Traders miffed with online gaming ban

Confederation of All India Traders (CAIT), the powerful trade body that represents 8 crore traders and over 40000 trade associations, said that a proposed bill in the Karnataka assembly to ban online gaming will hurt the Indian startup sector, the Indian gaming and animation industry and millions of Indian gamers and e-sports players. The Karnataka…

Industry ・ 21 September 2021

TimesNow

Trader's body CAIT writes to Karnataka govt, urges to reconsider bill proposing ban on online gambling

CAIT says the bill does not distinguish between'game of skills' and'game of chance' Karnataka Govt on 17th Sept tabled the bill to ban online gambling or betting in the state Two days after the Karnataka Government tabled the Karnataka Police (Amendment) Bill in the state assembly proposing a blanket ban on all online and skill gaming apps, the…

Law ・ 20 September 2021

The Print

Online gambling ban bill tabled in Karnataka, govt says want to ‘wean’ citizens from ‘vice’

Bengaluru: The Karnataka government has tabled a bill in the legislative assembly to ban online gambling of all forms. The Karnataka Police (Amendment) Bill, 2021, tabled Friday, seeks to prohibit all wagering, betting, gambling of all nature and forms - except lottery and horse race - in the state. With this bill, Karnataka looks to join the ranks…

Poker ・ 19 September 2021

The Hindu BusinessLine

Gaming industry optimistic about upcoming Karnataka Draft Bill on online gambling and betting

As Karnataka inches towards banning online gambling and betting, industry groups representing gaming start-ups are optimistic that the State Bill will make the distinction between the game of skills and game of chance, going by the definition of the online game shared by Law and Parliamentary Affairs Minister, JC Madhuswamy. The Karnataka Draft…

Industry ・ 09 September 2021

KNN India

All India Gaming Federation dubs Karnataka restrictions on online gambling as regressive

All India Gaming Federation dubs Karnataka restrictions on online gambling as regressive New Delhi, Oct 6 (KNN) The Government of Karnataka tabled the Karnataka Police (Amendment) Bill, 1963, in the Legislative Assembly on September 17, and the same was passed by the assembly on September 21. The bill seeks to prohibit gambling in the state,…

Rummy Games ・ 19 October 2021