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India's real money gaming sector has been saddled with uncertainty after multiple states moved to regulate it.
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India's real money gaming sector has been saddled with uncertainty after multiple states moved to regulate it.
Many states like Andhra Pradesh, Telangana, Tamil Nadu, and Kerala have tried to ban real-money gaming in recent years.
Revisiting key provisions of the Bill dealing with the age of consent and data localisation, with gaming platforms in mind.
The ruling is a major victory for real money gaming companies that had criticised the bill as arbitrary and overreaching.
Real money games have grown in India since the onset of the pandemic yet regulations across states remain inconsistent.
The tax raids on Gameskraft offices in Bengaluru come at a time when it is opposing the state's new gambling law in court.
The decision comes just days after Karnataka's online gaming bill which has been criticised as far-reaching, took effect.
Apart from outlawing games of skill, the bill revised clauses and definitions to bring online gaming under regulation.
The ruling deals yet another blow to the many attempts by Indian states at regulating online betting and gambling.
With the ban now one step closer to reality, industry-level stakeholders don't hold back in their criticisms of the new bill.