The Implications of a Blanket Ban on Online Money Gaming

• The Promotion and Regulation of Online Gaming Bill, 2025, aims to address gaming addiction, mental health issues, and financial losses.

• An estimated 45 crore people are affected by such games, resulting in a loss of over Rs 20,000 crore.

• Concerns have been raised over the use of these platforms for fraud and money laundering.

• A ban could lead to unregulated and/or offshore markets, making it harder to address concerns.

• The ban will have significant economic implications, with a complete ban affecting all companies involved and job losses.

• The move will also impact government finances, as revenues from the real money gaming segment rose by 412 per cent in six months after a 28% tax on online gaming was imposed.

• A more considered approach is needed, focusing on providing regulatory clarity, addressing government concerns, ensuring checks and balances, and establishing efficient grievance redressal mechanisms.

Online Money Gaming Regulations is important topic for Civil service exam (WBCS).

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