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Friday, March 29, 2024
TopicOnline gaming

Topic: online gaming

New IT Rules give much-needed legal support to online gaming. But there’s more homework to do

Imagine, playing an online card game online and paying 28 per cent GST on each buy-in. Such a tax regime would defeat the purpose of enabling IT Rules.

Online Gaming KYC will not be Stricter than RBI Master Directions

The draft amendments envision an obligation for online gaming intermediaries to verify identity of all customers when they register new account for playing games.

Tamil Nadu assembly passes bill banning online gambling again, weeks after governor returned it

CM Stalin says MLAs can't have difference of opinion over 'gambling that kills people' and 'interferes with studies', adds that online gambling has claimed 41 lives.

’40 suicides in 3 yrs’: As DMK & governor clash over ban, online gambling takes deadly toll in TN

Chennai: On 3 March, 36-year-old Vinoth Kumar took a day off from his job as a medical representative in Chennai. He spent some time...

Govt to formulate online gaming law after consensus with states, Vaishnaw tells Lok Sabha

Union IT minister says there is need for central Act to regulate online gaming, which was state subject till now. MeitY had released draft rules for online gaming in December.

‘Nudes in DMs, rape threats from 14-yr-olds’: Women gamers say KYCs a start but govt must do more

MeitY's draft online gaming rules has started a conversation about safety of women gamers, who say not just KYC, moderation & combating anonymous accounts also needed.

All about Modi govt’s new draft rules for online gaming — KYC to skirting ‘skill vs chance’ debate

The rules mandate extra safeguards and KYC procedures to be followed by gaming intermediaries, but jurisdictional issues and concerns over definitions need to be addressed.

Centre to regulate all real money online gaming, say reports

The much-awaited regulations will shape the future of India's gaming sector that research firm Redseeer estimates will be worth $7 billion by 2026, dominated by real-money games

Why is Rummy so popular?

Rummy is a traditional card game that has been an integral part of Indian culture. The existing popularity of the offline version has fuelled the popularity of the online one.

GST hike would be ‘catastrophic’, says online gaming industry, as council defers proposal

All India Gaming Federation, E-Gaming Federation, and Federation of Indian Fantasy Sports, which represent over 90% of online skill gaming market in India, issued joint statement Wednesday.

On Camera

Profit margins in lottery industry are tiny. Here’s how Future Gaming paid for its electoral bonds

Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities. 

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.