wordpress blog stats
Connect with us

Hi, what are you looking for?

Inside an industry body’s alleged draft voluntary code of ethics for online real money gaming companies

The purported draft voluntary code of ethics will be issued as a “Joint Declaration of intent” by the IAMAI’s Digital Gaming Committee’s members, in collaboration with other industry bodies. Notably, the committee members include companies like Mobile Premier League, Dream11, Krafton and others.

“Signatories to the Code will undertake best efforts to adopt the following practices in the interest of building an open, safe, trusted, and accountable online gaming ecosystem with a clear and steadfast focus on user protection,” reads the Internet and Mobile Association of India’s (IAMAI) alleged Draft Voluntary Code of Ethics for Online Gaming Intermediaries.  The document was shared with MediaNama by multiple sources. MediaNama has reached out to multiple IAMAI representatives for comments on the authenticity of these developments, no one was available for comment as of publishing this report. This piece will be updated when they respond.  The industry body’s alleged draft voluntary code comes amidst a gaping regulatory vacuum for India’s online real money gaming sector.  Rules brought to regulate the sector earlier this year by the Indian government have since stalled. For example, the rules come into effect three months after at least three private self-regulatory bodies have been notified by the government to oversee the sector. However, applications for these bodies have been pending with the IT Ministry for months now, with little insight into when or whether they will be approved in the immediate future.  However, the rules may not be a catchall solution to regulating India’s growing online real money gaming industry, with critics arguing that they encroach on states’ constitutional powers to regulate the sector, and that the government is abdicating its regulatory responsibility to private self-regulatory bodies. These critiques also lie at the heart of an ongoing challenge  filed at the…

Please subscribe/login to read the full story.
Written By

Free Reads

News

The service from the tie-up will initally be launched at Bengaluru, Bhubaneswar, Vijayawada and Visakhapatnam railway stations

News

The Minister's response came after an X user posted answers generated by Gemini regarding Prime Minister Narendra Modi.

News

Vaishnaw said that in the next five years, there will be significant disruptions in the way telecom technology operates.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

News

RBI Deputy Governor Rabi Shankar called for self-regulation in the fintech sector, but here's why we disagree with his stance.

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ