This Bill encourages e-sports and online social games while prohibiting harmful online money gaming services, advertisements, and financial transactions related to them
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By criminalising real-money gaming and its promotion, the Bill threatens one of the fastest-growing sources of India’s advertising economy.
The tax will be applied not to each value of the bets placed but to the entry amount that users pay
The move could reportedly incur liabilities that may amount to Rs 10,000 crore for the 40 gaming companies
The report seeks to decode the growth of the online gaming landscape in India and focus on how brands can leverage this billion-dollar industry
Looking back at the year when the ministry initiated changes like bringing OTT under its ambit, capping FDI at 26%, amending CTN ACT of 1995,...
All such advertisements must carry a mandatory warning message, the guidelines have said The Ministry of Information and Broadcasting (MIB) has issued an advisory directing...