New bIll makes no difference between online games of skill & chance, proposing a complete ban on any game played for money, including its endorsement, banking services, etc
FAFT report cites analysis of in-game purchases to highlight link between terror financing & money laundering techniques used either to move or layer funds using gaming platforms.
Consultations for the proposed Karnataka Police (Amendment) Bill are yet to take place. Bill proposes to set up a regulatory authority to oversee online gaming.
Public Gambling Act, 1867 prohibits operation of gambling houses. But the Act excludes “game of skill” from definition of gambling, giving states legal room to allow them.
The Centre is discussing steps to tighten loopholes in laws on online gaming amid rising concerns around user harm, financial fraud, and national security.
These regulations are not intervention-based or focused on incentives. Instead, strategies such as counselling or voluntary game limits could promote long-term behaviour change.
CCPA warns that anyone found to be in violation of norms will be subject to stringent measures, including manufacturers, advertisers, publishers, social media platforms, and endorsers.
A new tribe of young gamers is turning passion into profession due to the booming Esports industry in India, which is expected to hit Rs 11-bn by FY2025 from Rs 3-bn in FY2021.
The view that bureaucracies are bloated with far too many employees preying on taxpayers money is a widely held myth. Research shows how significantly understaffed the Indian state is.
The Centre is considering an increase in the National Company Law Tribunal's bench capacity, while the Standing Committee of Finance suggests fast-track courts.
The helicopters produced by Lockheed Martin are known as ‘submarine hunters’. India ordered 24 of these aircraft in 2020 to replace the Sea King helicopters. 15 have been delivered till date.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
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