Evolving Legal Framework Of Online Skill-Based And Chance-Based Games
1 year, 6 months ago

Evolving Legal Framework Of Online Skill-Based And Chance-Based Games

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In the realm of Indian law, a pivotal distinction exists between "Game of Skills" and "Game of Chance." Several Indian States, including Telangana, Andhra Pradesh, Tamil Nadu, Orissa, and Assam, adopted a strict stance, barring all involvement in real-money games of skill and chance. The Meghalaya and Nagaland legislations define "game of skill", as games where there is preponderance of skill over chance and list specific games as "games of skill," promoting and regulating them through electronic means. Recent developments impacting Online Games Mandatory KYC requirement: Recently, Fin-Tech rules in India have upended online gaming, unsettling firms. Recent amendments in the April 06, 2023 notification introduced rules to govern India's online gaming, emphasizing Self-Regulatory Body verification for Real Money Games, safeguarding against fraud, addiction, and financial risks.

History of this topic

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