Industry thanks government “The release of the new online gaming rules is a watershed moment for the industry, as it recognizes online gaming intermediaries and distinguishes them from gambling. Fact checking comes to online games Under the new rules, MEITY will also notify agencies to factcheck false and misleading information related to government business. The minister further said that SRO can declare online real money games as permissible if it is satisfied that 'the online real money game does not involve wagering on any outcome.' KYC verification of online gamers Apart from the SRO, the IT ministry has also notified a mandatory KYC verification of online gamers of games involving real money.
By process of exclusion, all other kinds of games will be permissible,' MoS IT Rajeev Chandrasekhar said, addressing the media. 'We are only regulating real money games that involve wagering. Permissibility will be determined with the simple principle of whether wagering is involved.
Games banned The new rules for online gaming prohibit any game that involves betting and wagering.
