Indian Government is reportedly mulling regulations for real-money online games. Both skill-based and chance-based games will come under this. As per Reuters, Prime Minister’s Office has decided to classify all online games as one activity or service with no distinction between skill and chance. In case you are wondering what all this is about, here’s a rundown of what happened so far: Real-money online games regulations: The story so far In August of this year, an Indian panel responsible for real-money online games regulation proposed a new body to discern between skill-based and chance-based games. The skill games would then be required to follow federal rules like the registration process, know-your-customer verification, and grievance redressal solution. Meanwhile, chance-based games (similar to gambling) would fall under the gambit of individual state governments. Each state would be free to regulate them as they deem fit. However, on October 26, a PMO official ra...
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