online gaming

Centre notifies rules for online gaming; to appoint multiple SROs

Last updated : Apr 10, 2023 20:04

SportzPower Team

Apr 06, 2023 19:04

Read more about Centre notifies rules for online gaming; to appoint multiple SROs
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NEW DELHI: The Union government on Thursday released new rules for online gaming, which prohibit any game that involves betting and wagering, and entail a framework of multiple self-regulatory organisations (SROs) to determine whether a real-money game is permitted or not.

There will be multiple self-regulatory organisations, and these SROs will have participation from all the stakeholders including but not limited to the industry.

Sep 13, 2022 22:09

HC junks PIL seeking online gaming apps promotion ban

INDORE: The Madhya Pradesh High Court has dismissed a public interest litigation (PIL) seeking a ban on the promotion of online gaming apps by cricketers M S Dhoni, Virat Kohli and Rohit Sharma and Bollywood superstar Shah Rukh Khan. Online gaming is "not banned or prohibited" in the state and whether to play these mobile-based games or not was a matter of "self-restriction", the court ruled.

Jan 18, 2022 18:01

Time to bring progressive law, not ban online games: FICCI

NEW DELHI: Reacting to the recent statement made by the Tamil Nadu Chief Minister of about bringing an end to online gaming in the state, the FICCI Gaming Committee (FGC) urges the government to adopt an enabling gaming policy protecting players while ensuring a secure, and responsible gaming environment.

Jun 11, 2020 20:06

ZEE5 partners Gameloft for online gaming entry

MUMBAI: Gameloft Distribution Solutions has announced that it has been chosen by ZEE5 to power the games on to its platform as a part of its strategy to bring wholesome entertainment under one roof. Under the partnership, snackable hyper casual online games are being curated to deeply engage the audience by adding a dose of thrill and competitiveness for the users.

May 27, 2020 20:05

Indian gaming industry to be valued at $3.75bn by '24: Study

MUMBAI: India’s online gaming industry has attracted about $350 million in investments from venture capital firms between 2014 and first few months of 2020, growing at a CAGR of 22%, and by 2024, is set to be valued at $3.75 billion, according to a new study.

Mar 06, 2020 17:03

Moneycontrol announces ‘Poker for People’ championship

MUMBAI: Moneycontrol, one of India’s leading business and financial platforms under Network18, has joined hands with online gaming platform Spartan Poker to announce, ‘Poker for People’.

Feb 25, 2020 17:02

'Gaming will be bigger than music, movies, TV put together': Ambani

MUMBAI: Reliance Industries Ltd chairman Mukesh Ambani on Monday hinted at what could be the next big bet for RIL in the entertainment space - online gaming. Asia's richest man, in a "fireside chat" with Microsoft Corp CEO Satya Nadella at Microsoft’s Future Decoded Summit here Monday, declared: "Gaming will be bigger than music, movies and television shows put together (in India)."

Jan 06, 2020 18:01

Global online games revenue to hit $17.8bn by 2024: Study

MUMBAI: Online gaming is morphing into one of the fastest-growing economic sectors in the world, bringing in billions of dollars in profit. Online games represent the second-largest revenue generator in the gaming market. According to research by GoldenCasinoNews.com, this segment of the gaming industry is expected to grow at a CAGR of 1% and reach $17.8 billion profit by 2024.

Mar 27, 2019 15:03

AIGF urges BJP, Congress to add gaming in their manifestos

MUMBAI: The All India Gaming Federation (AIGF), the regulatory authority for gaming in India, has requested top political parties in the country such as the BJP and the Congress to include the central regulation of online gaming in their party manifestos ahead of the Lok Sabha 2019 elections, IANS reports.

Jan 15, 2019 14:01

Tharoor tables gaming control Bill in Lok Sabha

NEW DELHI: Senior Congress leader and Member of Parliament (MP) Shashi Tharoor has taken the Private Members Bill called the Sports (Online Gaming and Prevention of Fraud) to Lok Sabha, the lower house of Parliament. The development comes nearly two weeks after the same bill was first tabled in the Rajya Sabha (Upper House of Parliament.

Jan 02, 2019 13:01

Online gaming bill tabled in Rajya Sabha

NEW DELHI: Thiruvananthapuram Member of Parliament (MP) and senior Congress leader Shashi Tharoor introduced a Private Members bill called the Sports (Online Gaming and Prevention of Fraud) Bill in the Rajya Sabha on Friday, IANS reports.

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