Indian Esports Industry reacts to Government of India notifying rules for Online Gaming

Indian Esports Industry reacts to Government of India notifying rules for Online Gaming, CHECK DETAILS

Indian Esports Industry reacts to Government of India notifying rules for Online Gaming: The Indian Government released new rules for Online Gaming, prohibiting any game that involves betting and wagering, and and entail a framework of multiple self regulatory organizations (SROs) to determine whether a real-money game is permitted or not. Popular ESports Individuals from […]

Indian Esports Industry reacts to Government of India notifying rules for Online Gaming: The Indian Government released new rules for Online Gaming, prohibiting any game that involves betting and wagering, and and entail a framework of multiple self regulatory organizations (SROs) to determine whether a real-money game is permitted or not. Popular ESports Individuals from the community reacted to the same, sharing their thoughts on the same.

The newly formed rules say:

“online game‟ means a game that is offered on the Internet and is accessible by a user through a computer resource or an intermediary.

In this clause, „Internet‟ means the combination of computer facilities and electromagnetic transmission media, and related equipment and software, comprising the interconnected worldwide network of computer networks that transmits information based on a protocol for controlling such transmission;

Indian Esports Industry reacts to Government of India notifying rules for Online Gaming, CHECK DETAILS — Indian Esports Industry reacts to Government of India notifying rules for Online Gaming

“online real money game‟ means an online game where a user makes a deposit in cash or kind with the expectation of earning winnings on that deposit.

In this clause, „winnings‟ means any prize, in cash or kind, which is distributed or intended to be distributed to a user of an online game based on the performance of the user and in accordance with the rules of such online game;

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Indian Esports Industry reacts to Government of India notifying rules for Online Gaming, CHECK DETAILS

Here’s what popular ESports Individuals have to say on the same.

Mr. Lokesh Suji, Director, Esports Federation of India & Vice President of the Asian Esports Federation (AESF):

“We express our utmost gratitude to Hon’ble Shri Rajeev Ji & MeitY Team for the clear distinction between online gaming and real money gaming/iGaming under the new amendments made under the Information and Technology Act.

This monumental decision will at last liberate Esports from the conflation with iGaming/RMG. For years, ESFI has been diligently advocating for the separation of online gaming and real money gaming/iGaming, and we are elated to finally see the government take this bold step that showcases their unwavering commitment to fostering a safe and responsible video gaming environment in the country.

These amendments will act as a catalyst in propelling India towards becoming a powerhouse in the world of video gaming and accelerating its overall development. It’s a great start, but still many miles to go”

Rohit Agarwal, Founder & Director, Alpha Zegus, the next-gen marketing agency specializing in the domains of gaming & lifestyle:

“Finally – video games & real money gaming have been given two separate identities! It was a debate that has gone on for quite a while now, and it’s a relief that it’s finally seen the light of day. The two industries can now have their own policies, guidelines, and laws that regulate them, and the reported numbers can also stay distinct. Great move by the government!”

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Esports & Gaming