Parliament has passed the Promotion and Regulation of Online Gaming Bill, banning online gambling and criminalising the offering, promotion and financing of such games with penalties up to five years imprisonment. Government figures cited $2.3bn stripped annually from 450 million people by gaming companies, and the law targets card games, poker and fantasy sports, including fantasy cricket apps. Dream11 suspended cash games and contests after the bill passed, and its lead-sponsorship of the national cricket team is now uncertain. The bill awaits presidential ratification, carves out exceptions for e-sports and educational games, and aims to curb addiction and financial harm.
India's new online gaming laws could see offenders face up to five years in prison. India's parliament has passed a sweeping bill banning online gambling, after government figures showed companies had stripped $2.3bn annually from 450 million people. The ban affects platforms for card games, poker and fantasy sports, including India's wildly popular homegrown fantasy cricket apps. list of 4 itemslist 1 of 4list 2 of 4list 3 of 4list 4 of 4end of list
It also leaves the fate of the key sponsor for India's national cricket team in question. Dream11, India's biggest fantasy sports gaming platform, was named on July 2023 as the country's lead sponsor for three years, with its logo splashed on Team India jerseys. No announcement has been made by the Board of Control for Cricket in India (BCCI) regarding that key sponsor. If it's not permissible, we'll not do anything, BCCI secretary Devajit Saikia said Friday.
Collection
[
|
...
]