India's New Online Gaming Bill: Balancing Regulation and Innovation
The Union Cabinet has cleared a bill regulating online gaming. It bans online money games while promoting eSports and online social games. The bill proposes fines and imprisonment for violators, aiming to protect players and prevent money laundering. It includes establishing a regulatory authority.
- Country:
- India
In a significant move, the Union Cabinet has approved a new bill targeting the regulation of online gaming in India. This legislation, which now awaits tabling in Parliament, is designed to delineate the boundaries between prohibited online money games and the promotion of eSports and online social platforms.
The proposed bill seeks to enact stringent penalties, including up to three years of imprisonment and fines reaching Rs 1 crore, for those who offer or advertise online money gaming services. Additionally, it targets financial transactions related to these games, emphasizing the protection of players as victims rather than criminals.
The bill's introduction underscores a national effort to curb the rising concerns surrounding online gaming, notably its addictive nature and potential for financial exploitation. By prohibiting real-money games, the government aims to create a safer, more structured gaming environment while fostering innovation in eSports and safeguarding mental health.
(With inputs from agencies.)
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