Game Over? Govt Tables Bill To Ban Real Money Online Gaming Amid Industry Backlash

The federal government has launched the Promotion and Regulation of On-line Gaming Invoice 2025 within the Lok Sabha, aiming to ban on-line video games involving money transactions and betting. Tabled by Union IT Minister Ashwini Vaishnav, the proposed legislation would ban all cash-based transactions for on-line betting and block banks from processing such funds. In response, the All India Gaming Federation has urged for regulation as an alternative of a ban, cautioning that such a transfer may harm the trade, push gamers in the direction of unlawful platforms, and result in job losses. One perspective highlighted is that the federal government ought to take into account legalizing and taxing the sector, with a speaker noting, “In the event you merely ban it, it goes underground and the mafia makes cash from it.” The argument means that regulation would enable income for use for social causes, not like the present state of affairs with unlawful betting the place criminals profit. #onlinegaming #gamingban #realmoneygaming #itwebvideos #indiangovernment #loksabha #ashwinivaishnav #betting #playing #digitalindia #gamingindustry #coverage #regulation #legislation #onlinesecurity #india
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