By Mashable News Staff
The Promotion And Regulation Of Online Gaming Bill 2025. But Why?
But why? The Govt feels the majority of these money-based games propel the youth into a spiral of addiction, financial loss, and even threat to life, with several committing suicide.
Good News! E-Sports Recognized As Legitimate Game
The govt is proposing the establishment of training academies and r&d centers for the same!
Push For Gaming Content With Indian Values
The govt is keen on propagating positivity with online gaming that is rooted in ethics and morality.
Bad News! BIG NO To Real Money Based Online Games Punishment
Per the new legislation, it is now a punishable offense to promote, advertise, or even facilitate financial transactions for real money games.
Punishment For Real Money Based Online Games
The penalties for real money games are as follows:
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Offering online money gaming: up to 3 years imprisonment and/or Rs 1 crore fine.
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Advertising money games: up to 2 years imprisonment and/or Rs 50 lakh fine.
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Financial transactions related to money games: up to 3 years imprisonment and/or Rs 1 crore fine.
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Repeat offenses: 3-5 years imprisonment and fines up to Rs 2 crore.
National Authority
Gaming domain in India will now be regulated by a government-designated authority at the national level.
What’s At Stake?
Per the critics
- 2 lakh jobs.
- Rs 20,000 crore annual GST from the industry
- Rs 7000 crore spent on gaming innovation, cyber security, ads and more
- $6 billion investment
