Any transfer of funds by bank, financial institution or any other person towards payment for any online money games to be declared an offence, as per the bill.
19 Aug 2025, 07:31 PM IST i
19 Aug 2025, 07:11 PM IST
19 Aug 2025, 07:31 PM IST
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(Source: Unsplash)
Summary is AI Generated. Newsroom Reviewed
The Online Gaming Bill 2025, approved by the Union Cabinet on Tuesday, prohibits advertising or endorsements of platforms facilitating online games that involve monetary transactions.
The legislation proposes to bar banks, as well as non-banking financial bodies, from facilitating any transaction involving online money games.
The bill also lays down stringent penalties for violations, which includes up to three years in prison along with a fine of Rs 1 crore.
Key Highlights Of The Online Gaming Bill:
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Bill aims to declare offering online money gaming services as an offence
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Endorsements for platforms to also be declared an offence
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Any transfer of funds by bank, financial institution or any other person towards payment for any online money games to be declared an offence
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Bill lays down punishments and fines for the offences and enhanced punishments for repeat offences
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Provides for blocking of any information related to online money games, investigation of offence, power to search and seizure of property
Penalties For Offences:
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Any person offering online money gaming service could face 3 years in jail, and Rs 1 crore fine
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Any person involved in ads could face two years in prison, along with Rs 50 lakh fine
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Any person involved in transactions/moving funds related to online gaming could face 3 years in jail and Rs 1 crore fine
(This is a developing story)
