E-Gaming Federation’s Post

What should a law that governs online gambling in India look like? In our latest report, Vedika Pandey, Associate at Koan, proposes a model law that may be enacted by the central government and function as a blueprint for state governments. Her recommendations include a licensing framework and state-level enforcement mechanisms. She explores key challenges arising from unregulated online gambling and betting services and how policymakers in jurisdictions abroad address various concerns. Read on for more insights into gaming regulation! All India Gaming Federation (AIGF), E-Gaming Federation, Federation of Indian Fantasy Sports (FIFS), Internet and Mobile Association of India, Esports Federation of India (ESFI), Rashtriya Raksha University, India, Amit Shah, Ashwini Vaishnaw, Jitin Prasada, Deepak Goel, Roland Landers, Anuraag Saxena, Neil Christopher Castelino, Kapil Rathee, Bobby Garg, Devhuti Bakshi, Bhavin Pandya #MediaandEntertaiment, #PublicPolicy, #OnlineGambling, #Games, #TechPolicy, #PublicPolicy, #MinistryofElectronicsandInformationTechnology, #ModelLaw, #ModelLawForGaming, #MeitY, #OnlineBetting, #OnlineGambling, #GamesofSkill, #GamesofChance, #SelfRegulationFramework

In my first publication with Koan, I make a case for a centrally enacted model law for online gambling in India, which states may adopt. Do give it a read!

The following judgement in India could be of interest to anyone that believes skill-based gaming could be a safer form of gambling. However, in many global jurisdictions where online gambling is allowed and/or licensed, you can't blame online gambling/gaming businesses continuing to focus on producing purely chance-based games such as slots, even though these games could cause more harm to some players, as such games are much more likely to generate greater revenues than skill-based games. So: - Will gaming regulators/governments throughout the world eventually recognise that treating real money games of skill in the same way as games of chance (just because they contain RNGs/elements of chance) be counter-productive in terms of reducing gambling harms? - Could online gaming companies at least offer skill-based games as a safer alternative for their customers? What do you think? #SkillGaming #onlinegambling #gambling #ResponsibleGaming #OnlineGaming #OnlinegamingIndustry

According to Statista, India's online gambling market is projected to reach a staggering ₹158 billion by 2026. This presents a compelling case for investors, but it's crucial to understand the nuances. 𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀: 𝗥𝗮𝗽𝗶𝗱 𝗚𝗿𝗼𝘄𝘁𝗵: The market is expected to grow at a CAGR of 18.22% between 2023 and 2026. 𝗠𝗼𝗯𝗶𝗹𝗲-𝗙𝗶𝗿𝘀𝘁 𝗠𝗮𝗿𝗸𝗲𝘁: Mobile gaming dominates, driven by increasing smartphone penetration and affordable data plans. 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝗟𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲: While regulations vary by state, the overall trend is towards greater legalization and regulation, creating a more stable environment for investment. 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀: Areas like fantasy sports, online casinos, and esports betting are attracting significant interest. 𝗠𝘆 𝗣𝗲𝗿𝘀𝗽𝗲𝗰𝘁𝗶𝘃𝗲: India's online gambling market offers immense potential, but investors must navigate the evolving regulatory landscape and conduct thorough due diligence. Understanding consumer preferences and emerging trends is key to success. 𝗟𝗼𝗼𝗸𝗶𝗻𝗴 𝗔𝗵𝗲𝗮𝗱: 𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝗱 𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝗼𝗻: Expect more international players to enter the market, driving innovation and competition. 𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝗶𝗰𝗮𝗹 𝗔𝗱𝘃𝗮𝗻𝗰𝗲𝗺𝗲𝗻𝘁𝘀: AI, VR/AR, and blockchain technologies will likely shape the future of online gambling in India. 𝗥𝗲𝘀𝗽𝗼𝗻𝘀𝗶𝗯𝗹𝗲 𝗚𝗮𝗺𝗶𝗻𝗴: Focus on responsible gaming practices will be crucial for sustainable growth and investor confidence. Let's connect and discuss the exciting opportunities and challenges in India's online gambling market. For a deeper dive, check out my YouTube video! https://lnkd.in/g2Dbt_tR #OnlineGambling #India #Investment #GamingIndustry #MarketAnalysis #TechnologicaAdvancements #ResposibleGaming #AI #AR #VR #MonaMotwani #GaminginInida #GamblingMarket

Big win for skill-based games in India! 🎉 The Allahabad High Court recently ruled that poker and rummy are games of skill, not gambling. The court emphasized that any denial of permission for recreational gaming activities must be substantiated by concrete facts rather than mere conjecture. This landmark decision reinforces the importance of differentiating skill-based gaming from games of chance, potentially shaping the future of India's gaming industry. ‘Games of Skill’ are legitimate business activities protected under Article 19(1)(g) of the Indian Constitution as per the rulings of the Supreme Court and several High Courts till date. These rulings have also emphasized a clear distinction between “Games of Skill” and “Games of Chance.” This significant ruling not only clarifies the legal status of poker as a skill-based game in India but also reinforces the importance of evidence-based decision-making in regulatory matters. E-Gaming Federation welcomes this progressive judgment and believes it will further strengthen the legal framework around skill-based gaming in India. By recognizing poker as a legitimate form of entertainment and competition, the ruling opens new avenues for the responsible development of the gaming industry. What are your thoughts on this ruling and its impact on the gaming landscape? Ream more here- https://bit.ly/3XuBZFm Games24x7 Head Digital Works Passion Gaming Octro Inc. Decentro Junglee Games Tutelar Sachiko Gaming (PokerStars India) Anuraag Saxena Devhuti Bakshi Niharika Sneha Aditya Gupta Niranjan Ramesh Ayushi Karn #EGF #GameOfSkill #ResponsibleGaming #ResponsiblePlay #OnlineGaming #OnlineGamingIndustry

E-Gaming in India needs strong Rugulatory framework. With 9.5 billion gaming Apps downloaded by more then 568 millions in India , in the yeare 2023 E-Gaming industry of India has even surpassed USA and Brazil to emerge as biggest E-Gaming industry inthe world. As per a major E-Gaming Company WINZO Games the E gaming Industry in India is currently $ 3 billion market. But there are neither proper legal nor regulatory framework for effective and fair play. Now Ministry of Electronics and Information Technology-MeitY has joined hands with E-Gaming Federation of India and NLU-Delhi to consult all stakeholders and submit a report for enacting E-Gaming Regulations . This will channelize , the unregualted industry. A long awaited welcome initiative, #egaming #MieitY #GoI #Winzo #india #regulations #nlud

The Asia Focus edition of Gambling Insider is here! Inside you will find interviews with the CEOs of Mohegan, Hoiana and the Cagayan Economic Zone Authority. We also look at the latest developments in Thailand and India, the popularity of gacha games in Asia and lots more. Check out all articles on https://lnkd.in/dgHgQhJ2 #gamingindustry #gamblingnews #gamingnews #gamblingindustry

India's Gaming Boom: Advocating for Ethical Play and Robust Regulation. With 442 million gamers, India's online gaming community has surged ahead of China. This incredible growth calls for strong ethical practices and self-regulation. In collaboration, Grant Thornton Bharat and the E-Gaming Federation (EGF) have released "Guardians of Safe Play: Ethical Gaming for Vibrant Bharat," a comprehensive report setting clear ethical standards for the industry. Unveiled by experts like Prof. (Dr) G.S. Bajpai and Shri Priyank Kanoongo, this report underscores the need for a robust Code of Conduct (CoC) to ensure transparency and accountability. Key highlights: 🔒 Emphasizing responsible play and consumer protection. 📜 Advocating for a strong Code of Conduct to uphold ethical standards. 🛡️ Promoting third-party certification to maintain high standards and foster self-regulation. ⚖️ Addressing legal distinctions in the Real Money Gaming (RMG) sector and modernizing laws. “Trust is the cornerstone of our industry. As India’s gaming industry grows, we must prioritize player safety and responsible gaming practices,” says Anuraag Saxena, CEO of EGF. Let's work together to create a vibrant and ethical gaming ecosystem in India! #EthicalGaming #DigitalIndia #GamingIndustry #ResponsibleGaming #SelfRegulation #PlayerSafety #Innovation #Transparency #ConsumerProtection #GamingCommunity #IndiaGaming #innovation #fintech #bustto #buckbox

“I am seeing a big market that has come up in the field of gaming…”—Prime Minister Narendra Modi's words on this 78th Independence Day inspire a new chapter for India's gaming industry. With 442 million gamers and a market ready to soar, India is on the brink of global leadership in gaming. The E-Gaming Federation (EGF) is committed to turning this vision into reality, empowering our talented developers and studios to create, innovate, and lead. This is more than just a call to action; it’s a call to transform. As we step into this exciting future, EGF stands strong, supporting India’s rise to the top of the global gaming arena. Together, let’s unleash the full potential of our gaming industry and make India a force to be reckoned with on the world stage. Game on, India! 🇮🇳🎮 Games24x7 Head Digital Works Passion Gaming Octro Inc. Decentro Junglee Games Tutelar Sachiko Gaming (PokerStars India) Business Standard Anuraag Saxena Devhuti Bakshi Niharika Sneha Aditya Gupta Niranjan Ramesh Ayushi Kar #EGF #ProudIndian #IndependenceDay2024 #VandeMataram #OnlineGaming