India should create a regulatory body to classify online games as based on skill or chance, introduce rules to block prohibited formats and take a stricter stance on gambling websites, a government panel said in a report seen by Reuters.
Dream11 and MPL logos are displayed in front of the Indian flag in this Illustration taken September 14, 2022.
To streamline the legal framework, the 108-page report says India needs a new federal online gaming law, which will provide regulatory flexibility "with punishment provisions, along with blocking powers, for the government against prohibited gaming formats". The report noted that state governments already find it "difficult to implement and monitor geo-fencing measures" to ensure that no user in their region is accessing an illegal forms of gambling or gaming.
Still, the executive said, new regulations will bring "regulatory clarity, certainty and investments for the sector." The executive declined to be named because of the sensitivity of the matter. The government report noted that proliferation of such games among the youth had led to addiction that often caused financial losses, with some reported cases of suicides.
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