Online Gaming

Online gaming is a fledgling industry. Several Indian states have banned online ganing and several more are considering to ban it. The states see online ganing as gambling which may bring a family to distress. There is no clarity between online gaming and gambling or what we call games of skills and games of chance. All games have been tarred with the same brush. Games can be classified as games of skills, games of chance, and games of skill and chance. There is also confusion about what gambling is. Gaming websites have been facing the brunt of such legislation. Overseas gaming sites take advantage of this situation. Gaming was so far self-regulated and the respective federations govern these domains. India has the potential to emerge as the centre for world’s fantasy sports. What is needed is the enabling policy environment.

Virtual games are a new trend. The fantasy sports have become a new source of addiction. There are apps which promise lacs of rupees as rewards. India currently has no legislation to control the online betting and gaming industry. Though state government ban the fantasy sports mobile application, such bans could kill an industry that attracts investment and generates jobs. Hence legislation and transparent policies to manage this sector are needed.

There is a need to have a gaming regulator to monitor this industry.

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