This law is a big blow to the online gaming industry. This law provides for imprisonment up to 3 years or a fine of up to Rs 1 crore if found guilty of online money gaming. Highlights
Prime Minister Modi said that the Online Gaming Act is a big decision
He said that online games have ruined many families
These gambling games are addictive
Online money gaming was banned in the country last month. Prime Minister Narendra Modi on Thursday called it a big decision. He said that online gaming is bad, rather gambling is bad. Modi said that India can dominate the online gaming market in the world.
Citing cases of debt and suicide due to online money gaming, Modi said that the Online Gaming Act is a big decision. A media report quoted Prime Minister Narendra Modi as saying, "Online games are having a negative impact on our students. A large number of people are getting into debt due to this and some people have even committed suicide." He said that many families have been destroyed due to financial difficulties related to online games.
PM Modi said that many online applications are shown as games but they are related to gambling. He said that online games related to gambling are addictive. While introducing the Promotion and Regulation of Online Gaming Bill in the Rajya Sabha, Minister of Electronics and Information Technology, Ashwini Vaishnaw said, "The habit of online money gaming is like drug addiction. The powerful people running online money games will challenge this decision in the courts. They will run a campaign on social media against this ban. We have seen the impact of these games and how the money earned from it is being used to support terrorism."
This law is a big blow to the online gaming industry. This law provides for imprisonment of up to 3 years or a fine of up to Rs 1 crore if found guilty of online money gaming. This ban has been challenged in the court by gaming firm A23. A23, which offers games like rummy and poker, has said in a petition filed in the Karnataka High Court that this law makes the legitimate business of playing online games of skill a 'crime'. This will force various gaming firms to shut down. In this petition, a demand has been made to declare the new law unconstitutional for applying it to games related to skill like rummy and poker.
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