You can see new online gaming laws in India that the perpetrators face up to five years in prison.
The Indian Parliament acknowledged a comprehensive bill prohibiting the gambling online, after government figures showed that companies had stripped $ 2.3 billion annually from 450 million people.
The ban affects platforms for paper games, poker and fictional sports, including famous fictional cricket applications in India.
It also leaves the fate of the main shepherd of the national cricket team in India.
DREAM11, the largest fictional sporting game platform in India, was named in July 2023 as a major sponsor in the country for a period of three years, with its logo on Team India shirts.
No advertisement has been issued by the Cricket Control Council in India (BCCI) regarding this main sponsor.
“If it is not allowed, we will not do anything,” said BCCI Devajit Saikia on Friday. “BCCI will follow every country policy framed by the central government.”
The strengthening and regulation of the online gaming bill has been approved by the two councils late Thursday, and criminalizes the display, promotion and financing of these games, as criminals face up to five years in prison.
Dream 11, in a statement posted on its website on Friday, indicated that after the bill was approved, “monetary games and competitions” were stopped, but urged the fans to “recover.”
Other games on the Internet remained on Friday, with the official certification of the bill continued by the president before he went.
A government statement said: “This legislation was designed to reduce addiction, financial ruin, and social distress caused by predators that flourish on the promises of fast wealth.”
The broader game industry in India is one of the largest markets in the world, but the new law explodes exceptions for electronic sports and educational games, which the government says will be promoted as part of the digital economy.
Prime Minister Narendra Modi said that the new law “will encourage electronic sports and social games online” while “at the same time, our society will provide the harmful effects of money online money.”
The government said that nearly a third of the most populated countries had lost money on the Internet.
Industry groups have urged organization and taxes instead of a comprehensive ban, which warns that this step can push players to illegal external platforms.
But supporters of the draft law argued that social costs are very high so that they could not be allowed.
Officials said the rapid spread of gambling platforms may cause widespread financial distress, addiction and even suicide.
The government said it was also linked to fraud, money laundering and terrorist financing.
Ashwini Fishnaw, Minister of Technology, pointed out that the law distinguishes between “social” games via the Internet and those that played for money.
“It encourages electronic sports, which is organized by competitive video games, and enhances safe social and educational games,” I read a government note.
“It is clear that it separates the constructive digital entertainment from betting, gambling and fictional financial games that use users with wrong promises of profit.”
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