India Bans Online Gambling: Parliament Outlaws All Money-Based Online Games
India's Parliament has passed a comprehensive ban on online gambling, effectively outlawing all money-based online games, including card games, poker, and fantasy sports. This stringent new law aims to curb the widespread societal issues linked to online betting, which authorities claim were siphoning approximately $2.3 billion annually from 450 million individuals. The government highlighted concerns that these games were leading to addiction, financial ruin, and social problems, while also raising fears of money laundering and terrorism financing.
Under the new legislation, individuals found promoting or investing in online gambling will face a severe penalty of up to five years in prison. This has immediate implications for popular platforms; for instance, Dream11, a well-known fantasy cricket app and sponsor of Team India, has announced the suspension of its cash games following the bill's approval. Other games on such platforms are expected to continue only until the President formally signs the law into effect.
The Indian government emphasizes that this ban is not against digital gaming as a whole but is intended to foster a safer and more positive digital economy by promoting e-sports and educational games. Prime Minister Narendra Modi stated that the law will protect society from the detrimental effects of online gambling while simultaneously encouraging healthy digital games, showcasing a commitment to both social welfare and responsible digital development.
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