India's New Online Gaming Law to Take Effect From October 1
The Indian government has announced that the Promotion and Regulation of Online Gaming Act will be implemented from October 1. The law, passed last month, effectively bars all forms of online games involving real money while promoting e-sports. Information and Technology Minister Ashwini Vaishnaw confirmed the date, noting that the government has finalized the rules after extensive consultations with industry stakeholders. The move is set to significantly reshape India's burgeoning online gaming industry, which has already seen major platforms halt real-money offerings.
Unpacked:
The government cites concerns about rising crime rates and suicides linked to real-money online gaming. By promoting e-sports, which emphasize skill and competition without financial stakes, policymakers aim to curb social harms while still supporting the gaming industry.
The law will force major platforms to halt real-money offerings and may lead to the removal or restriction of popular games involving betting or fantasy sports. Skill-based e-sports titles are expected to continue, potentially shifting the focus of the industry.
Industry stakeholders have expressed concerns about business impacts and loss of revenue. Many gamers, especially those engaging in real-money games, are disappointed, while supporters argue the law will reduce negative social effects.
Earlier, only luck-based games (like online betting) were banned, while skill-based games faced heavy taxes and some restrictions. This new law is broader, barring all real-money games, signaling a stricter regulatory approach.