On Thursday, the government unveiled new regulations for online gambling that forbid any game that incorporates betting or wagering and call for the establishment of an SRO framework.
According to Rajeev Chandrasekhar, state minister for information technology, internet games that feature wagering or betting will be in violation of the new regulations governing online gaming.
There will be several SROs, and all parties involved, including but not limited to the industry, will participate in these SROs.
We are dealing with a structure that enables an SRO—and there will be several SROs—to decide whether or not all forms of online gaming are permitted.
The SRO will be in a position to rule that those online games are not permitted if wagering is included, and permissibility will be decided using the straightforward basis of whether gambling is involved.
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