UK Gambling Commission to ban online betting on credit cards
A few weeks ago, the state of Karnataka proposed a ban on online games involving betting and betting, insisting on “any act or risking money, or on the contrary on the unknown outcome of an event including a game of skill ”.
The state government said the bill would help prevent rural youth from sitting idle in towns and villages, as they tend to become regular gamers.
Karnataka’s decision to ban games involving skills could prove detrimental to the revenues of major gaming platforms such as Dream11. This contrasts with existing gambling laws in India, such as those in Telangana and Andhra Pradesh, which depend on chance, said Puneet Bhasin, a Mumbai-based lawyer.
India classifies games into two main parts: games of skill and games of chance. While games of skill require players to possess analytical and decision-making skills, games of chance are based purely on luck.
Games like Dream11 and Mobile Premier League (MPL) feature skill-based games, where players use relevant data such as career stats, career form, strengths and weaknesses to choose which athletes to include in. their “fantastic team,” according to Tanmay Singh, litigation lawyer at Internet Freedom Foundation (IFF).
Shivani Jha, director of the eSports Players Welfare Association, added that players don’t risk money to win an uncertain event while playing games of skill. “They pay a registration fee for an event whose outcome is controlled because the skills are involved. This should not be confused with a bet, ”Jha added.
Karnataka is home to 91 gaming companies that collectively employ around 4,000 people, according to data from the Startup Business Academy.
“Decision to pass the Karnataka Police Compliance Act of 2021 (Amendment) is a setback for the online skill gaming industry as well as for the state’s reputation as a technology hub.” and a startup capital, ”Roland Landers, CEO of All India Gaming Federation, said.
“There is a clear distinction that must be made between games of skill such as bridge, eSports and gambling.”
According to Landers, extending the ban to the legitimate industry which has created many unicorns and which will contribute significantly to the Indian economy is not justified.
Singh noted that the move represents an “unacceptable expansion of the law” that infringes on fundamental freedoms and violates the constitutional rights of residents of the state.