The urgency of the situation to be addressed in Congress
Last December, a member of Congress came to the attention of the House of Representatives. Adoption of Comprehensive Regulations on Online Gaming in India Urgently Needed It aims to reduce social costs such as gambling addiction and public financial bankruptcy.
BJP Senior Leader and Member of Parliament Sushil Kumar Modi Addresses Rajya Sabha Zero Hour Highlighting Failure of State-level All-Out Gaming Ban to Solve Problem, Need for Central Solution I pointed out that
“Online gaming is becoming an addiction. I would like to emphasize that the sector certainly has regulatory loopholes, as does the cryptocurrency industry. I urge the government to create a comprehensive regulatory framework for online gaming,” Sushil Modi pleaded.
India’s unregulated state online casinothe gambling and skill games market exposes the general public, especially young citizens, to a variety of risks, including falling prey to fraudulent operators, gambling addiction, and accumulating large amounts of debt. We are addicted to games, and it is very difficult to prevent children from becoming addicted because they are online,” MP Modi said in a speech at Raja Sabha.
The vague and vague distinction between games of skill and games of chance, which underlies existing Indian legislation on this issue, has caused confusion and led to numerous lawsuits in the country’s court system. “And now this online game has turned into gambling and betting. And now there is a dispute whether it is a game of skill or a game of luck,” noted Sushil Modi.
BJP leaders also said that some states in the Commonwealth, such as Tamil Nadu, Telangana, Andhra Pradesh and Kerala, curb the social risks associated with gambling by outright banning all games. We also talked about trying and failing. These bans, including the blanket gaming ban enacted by the Karnataka government, which was repealed in his February 2022, months after MP Modi’s speech, have been criticized by respective high-level officials on the grounds of unconstitutionality. It was quickly dismissed by the court.
Research Reveals Growing Popularity of Real Money Games and Rise of New Trends
A recently published study reveals that the growing popularity of real-money games in India has not been shaken by the country’s generally prohibitive legal stance, emerging among digital gamers. trends are highlighted. “Classic casino games typical of western casino floors are becoming as popular among digi fans as traditional Indian games. We have fans, but there is also demand, especially for Asian games with live dealers.” Industry researcher Svilen Madjov said:.
Through most of 2021, the study analyzed a key data set on the preferences of over 17 million registered users of the PureWin online casino platform, using public data provided by Google Trends and various industry statistics. We are drawing conclusions.
“It is very important that most games in the major packs, with the exception of slots, are played with live dealers. Features that are categorized as ‘Lightning’, ‘Speed’, ‘Instant’ or ‘Auto’ attract the most spectators and online bettors,” Majov said.
In addition to the growing preference for Western games, roulette titles generate 70.1% of sales in the top 30 highest-grossing games, while slots are among the top players in player count, traditional desi, and Asian The game accounts for 35.7% of sessions in the top 100 games. also remains popular.
“Andar Bahar ranks 4th overall in terms of number of players and is the number one table game in India. “Teen Patti is also a top game among players’ favorites. It’s no surprise either, as it regularly dominates mobile app rankings,” the study emphasized.
Regulations on Online Gaming in India Are Finally Ready
In the months following Sushir Modi’s parliamentary speech, India witnessed many developments at the central and state levels. The Dawn of Online Gaming Regulation in India It may soon begin to bear fruit.
On April 1st, the Online Gaming (Regulation) Bill of 2022 was submitted to the House of Representatives, calling for the establishment of an Online Gaming Commission by the central government. The Commission is mandated to monitor the functioning of the Indian online gaming market, devise rules and grant, suspend or revoke licenses to his website and server operators of games.
In particular, the bill seeks to abolish the distinction between skill-based and chance-based games, regulating all types of games under one umbrella. However, experts do not believe that adoption of the bill is realistic.
In the first half of 2022, the central government has formed two task forces. One aims to devise a broad legal framework for regulating online gaming, and the other is mandated to promote the animation, visual effects, games, and comics (AVGC) sector. .
At the state level, too, there is a trend towards regulation rather than ban, with one example being the proposed Rajasthan Virtual Online Sports (Regulation) Bill 2022, a draft of which was recently opened for public comment. .
Disclaimer: “This ad is an advertisement and a paid feature and the views expressed are those of the author. ABP and/or the Channel neither endorse, glorify or endorse gambling. None, with respect to the views, opinions, etc. stated/posted in the same.It is the reader’s responsibility to verify and confirm what is stated/addressed before attributing any reliance. Gambling activity is highly addictive and is also illegal in many states/jurisdictions in our country.Readers are expected to be very vigilant, careful, up-to-date, and knowledgeable about all gambling laws and Readers are therefore strongly advised not to engage in illegal gambling/gambling activities.Therefore, readers’ discretion and thorough due diligence are advised. It is not intended to induce, and ABP shall in no way be held liable for any loss or other consequences that the reader may incur by giving credibility to any reliance on the content of this article.”
.
Comments
Post a Comment