Online Gaming Bill To Be Introduced In Parliament On Wednesday
The government will introduce the Promotion and Regulation of Online Gaming Bill, 2025 in the Parliament on Wednesday, after Cabinet approval on Tuesday. The proposed law seeks to ban advertising and endorsements of platforms offering real-money games and bars banks and NBFCs from processing related transactions.
The legislation prescribes tough penalties such as up to three years in prison and a fine of Rs 1 crore. Endorsing or advertising such platforms may lead to two years in jail and a Rs 50 lakh fine, while facilitating fund transfers could draw similar penalties as service providers.
The Bill aims to fill a regulatory vacuum, as states currently enforce varied gambling laws and courts have delivered inconsistent rulings on the skill-versus-chance debate. Rising in-app purchases, virtual currencies and reward systems have further blurred boundaries.
The Bill also addresses concerns over gaming addiction, mental health, financial losses, and the risk of platforms being misused for money laundering and terror financing. It stresses aligning India's fast-growing digital gaming industry with national interests, public safety and ethical business practices.
To regulate the sector, the Bill proposes creating or designating an authority to categorise and register online social games. Setting up a new regulator would require Rs 50 crore in initial capital expenditure and Rs 20 crore annually for operations.
This move is set to directly impact platforms such as Dream11, MPL, Probo, Rummy and Poker operators. By contrast, the Bill draws a clear line between money games and online social games, which may charge for access but cannot involve stakes or wagers. Titles such as Ludo King, Roblox, or educational skill-development games fall in this category.
Separately, e-sports are recognised as competitive, multi-player sporting events, akin to physical sports, with outcomes determined by dexterity, strategy and agility. These can offer performance-based prize money but are insulated from any betting or staking elements.
The proposed framework, a copy of which NDTV Profit has seen, aims to curb betting-linked harms while supporting innovation in e-sports and recreational gaming. If passed, the ban would deal a blow to India's multi-billion-dollar fantasy sports and online card gaming industry.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
-
Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.
-
'Never Seen This Level Of Negativity': Sandeep Tandon Says The Next Rally May Be Closer Than You Think
Veteran investor Sandeep Tandon says foreign selling is easing, large-caps are due a comeback and mid-caps are crowded, while he turns positive on gold, power and pharma this Diwali.
-
Indians Stay With Family, Not In Hotels | The Reason Why
India still lacks enough clean, reliable and affordable hotels for budget-conscious travellers.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.