Online Gaming Bill 2025: The government has passed the Promotion and Regulation of Online Gaming Bill 2025 in the Lok Sabha to ban online games. It is believed that with this, along with banning money based online games, they can be regulated.
Promotion and regulation of online gaming bill 2025: The government is preparing to regulate online gaming and stop the real money games. For this, on August 20, the Promotion and Regulation of Online Gaming Bill 2025 was introduced in the Lok Sabha, which has passed. Now this bill will be introduced in the Rajya Sabha and if it passed from there, all types of online games based on money can be banned. In such a situation, the question arises whether online gaming companies like Team India’s sponsor Dream11, MPL, Poker and Rummycircle will also be closed? Let’s know, the answer to every question related to it.
What is in Promotion and Regulation of Online Gaming Bill 2025?
Promotion and Regulation of Online Gaming Bill 2025 has many strict provisions. In this, it would be illegal to offer, operate or endors people of any kind of money based games. If someone is found doing this, then he may have to pay 3 years imprisonment and a fine of up to Rs 1 crore.
Also read: Online Gaming Bill 2025 passed in Lok Sabha, rein in online gambling, publicity will go to jail
Does the bill provide some special discounts?
The Promotion and Regulation of Online Gaming Bill 2025 free to play and subscription based games have been exempted. That is, such games where money are not invested and the games that are only for entertainment have been kept separate from it. Along with this, it has also been said to promote e-sports used without money.
Will there be a regulatory body for money based online games?
A Regulatory Authority will be created to regulate the gaming industry, which will dissect which game is a real money game or a chance based game. Apart from this, those social games will be promoted in which no money is used.
How big is the online gaming industry in India?
The online gaming industry in India is currently worth Rs 32000 crore. At the same time, it was estimated to reach Rs 80,000 crore in the next 4 years i.e. by 2029 with tremendous growth. But after this bill of the government, now many big online gaming companies are clouded by crisis.
How many people strictly on online gaming have employment crisis?
According to reports, more than 50 crore people in India are associated with online gaming. In such a situation, more than 2 lakh people can face a job crisis in the coming time. Not only this, this can also cause a loss of crores of rupees to the government every year as tax.
What is the appeal to the government of online gaming companies?
Organizations associated with the gaming industry All India Gaming Federation (AIGF), E-Ging Federation (EGF) and Federation of Indian Fantasy Sports (FIFs) are strongly opposing the bill. He has appealed against this to Home Minister Amit Shah to make a strict regulatory body for this instead of completely banning online gaming. Organizations say that people in India will shift to foreign and illegal gaming companies, which will prove to be harmful for both them and the government.
Will online gaming companies turn to court in their defense?
Companies with online gaming can go to court to protect themselves. The court has also said earlier in this case that skill based games like fantasy sports or Rami cannot be kept in gambling category.
See also: Dream11 is about to close? Know what will happen to your money now