
Union Cabinet Clears Online Gaming Bill, Betting To Be Punishable Offence
The Union Cabinet has cleared the Promotion and regulation of online gaming Bill, on August 19, Tuesday. The bill puts a ban on online gaming involving real money including its ads, and imposes imprisonment or fine, or both, for those offering or advertising them. The bill marks a clear distinction between these games and eSports or online social games, according to PTI.
The bill on the other hand calls for promotion of eSports and online social games, the source told PTI. It also acknowledges that official recognition of eSports will align India with global competitive gaming landscape, spur innovation, create opportunities for Indian startup ecosystem and make the country a global magnate for game development.
The Bill proposes that any person offering online money gaming service in violation of the stipulated provisions will face imprisonment of up to three years or a fine that may extend to Rs 1 crore, or both. The provisions also stipulate imprisonment of up to two years and or a fine of up to Rs 50 lakh, or both, for those indulging in advertisements in contravention of rules. Also, those engaging in any transaction or authorisation of funds will be liable for up to three years imprisonment, or a fine up to Rs 1 crore or both, according to the source.