SUMMARY

With this, the Invoice banning on-line cash gaming providers will grow to be an Act as soon as a notification is launched asserting the date on which it would come into impact

The Centre is now tasked to represent an authority to find out folks engaged in within the now outlawed enterprise, categorise video games and formulate pointers to be adopted shifting ahead

Now, any enterprise concerned in the actual cash gaming enterprise may be penalised in a variety of INR 50 Lakh to INR 2 Cr together with an imprisonment sentence starting from two to 3 years

President Droupadi Murmu gave her assent to the ‘Promotion and Regulation of On-line Gaming Invoice, 2025’ right this moment, successfully bringing an finish to India’s actual cash gaming business. 

With this, the Invoice banning on-line cash gaming providers will grow to be an Act as soon as a notification is launched asserting the date on which it would come into impact. 

“No particular person shall provide, help, abet, induce or in any other case indulge or interact within the providing of on-line cash video games and on-line cash gaming service,” as per the Invoice. It additionally bans direct or oblique promotion of such video games throughout the territory of the nation. 

Additional, the Centre is now tasked to represent an authority to find out folks engaged in within the now outlawed enterprise, categorise video games and formulate pointers to be adopted shifting ahead. 

Any enterprise providing actual cash video games might be chargeable for punishment. The penalty might be within the vary of INR 50 Lakh to INR 2 Cr and an imprisonment of two to 3 years. 

The Centre launched the Invoice within the Lok Sabha on Wednesday (August 20) and it was handed by the Decrease Home of the Parliament on the identical day. A day later, the Invoice obtained approval from the Rajya Sabha.

Explaining the rationale behind the introduction of the Invoice, IT minister Ashwini Vaishnaw noticed that actual cash gaming platforms have been misused for cash laundering, terror financing and as messaging instruments for terrorist teams. In addition to, numerous customers within the nation misplaced crores of rupees as a result of actual cash gaming dependancy. 

Notably, the actual cash gaming section produced unicorns like Dream11, MPL and Games24x7. The startups within the section have raised over $3 Bn thus far and supply jobs to 2 Lakh workers. 

Following the passage of the Invoice within the Higher Home, practically all of the startups, together with  Dream11, Head Digital Works, Gameskraft, amongst others, have discontinued their actual cash gaming choices. 

There may be little to no readability on the longer term street map for these startups. Dream11 father or mother Dream Sports activities, which is the biggest participant within the house, will deal with its different companies following the ban on actual cash gaming. 

“We’re lucky to have a portfolio of wonderful Sports activities Tech companies together with FanCode, DreamSetGo and Dream Recreation Studios, together with our Dream Sports activities Basis,” the startup mentioned. 

Whereas the Centre has banned actual cash gaming, on-line playing platforms proceed to stay a priority. In line with a report by Digital India Basis, 4 playing platforms – Parimatch, Stake, 1xBet and Batery-bet – recorded 1.6 Bn visits within the first three months of 2025. 

Earlier, an business supply advised Inc42 that the ban on actual cash gaming will lead to a rise within the presence of offshore betting platforms within the nation.