Gaming attracts multiple regulations in different Indian states. Still, gaming also attracts investment driven by its popularity. Investors are more interested in innovative products. It is mostly a self-regulating industry. It is just 12 year old industry. It has seen phenomenal growth in the last four years.
There are two types of gaming — casual and skill-based. In casual gaming, there are in-app purchases. In skill-based gaming, the regulations are unclear, and the rule of thumb is that there is skill involved. However, if it is a game of chance, it is a grey area.
In real money games like Poker, the judicial precedent is not clear. It ocillates between a game of skill and game of chance.
Casino games are divided into games of skill and games of chance. In a game of skill, you play against other players, and there is scope to apply strategy. In a game of chance, you play against the ‘house’, and the strategy does not help. It is not easy to classify games into games of skill and games of chance.
Games like on line Rummy, poker, fantasy sports and e-sports have been classified as games of skill by different HCs and SC.