Ruling underscores judiciary’s growing intolerance towards online betting & echoes the SC's recent pronouncements treating such activities as unconstitutional commerce.
ED had arrested the 3 directors in May in a money laundering case, alleging that Gameskraft was luring people by offering them bonus incentives, cash offers and referral bonuses.
The Union government has consistently defended the PROG Act on grounds of public health, consumer protection, prevention of addiction, money laundering and financial fraud.
Accessibility & perception of profitability add to the appeal of online betting apps & sites, but the risks are unavoidable. Consequences of addiction can often be tragic.
New rules with an existing ban on money games come into force against an industry that already runs on offshore servers, crypto wallets and celebrity ads.
A game now only faces classification if authority targets it on its own, if the provider wants to offer it as an e-sport, or if the centre specifically flags a category.
The rules, which come into force on 1 May, establish an Online Gaming Authority which will determine whether a game is an online money game or online social game in only three situations.
At 591 mn, Indians make up 20% of the global gaming population. Between 2020 & 2023, India’s gaming segment recorded 28% CAGR. It is expected to reach $9.2 bn in revenue in 2029.
Indian children who have access to smartphones use them primarily for entertainment, such as watching movies or using social media, rather than for education. Is this the right use of 'Digital India'?
Being DL is not the same as being closeted, though there’s some overlap. A closeted man knows he is queer, but a DL one does his best to not acknowledge the Grindr logo on his phone.
Combined sales of urea, DAP, MOP and complex fertilisers rose 25 percent in April even as Modi asked farmers to cut chemical fertiliser use by up to half to save soil and foreign exchange
Speaking at ThePrint’s Off the Cuff, Gen Anil Chauhan (Retd) defended the need for large capital ships as means to project power in the Indian Ocean. He also spoke about the evolution of land warfare.
The young people broke the self-imposed silence among the elite not to speak a word critical of the Modi government, except to whisper on the sidelines, looking left, right and behind.
COMMENTS