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As 2024 approaches, India's real-money gaming sector stands at a critical juncture. Its future growth rests on the implementation of a comprehensive regulatory framework and the verdicts in the upcoming court cases.
In recent years, an alarming number of illegal gambling and betting apps with ties to China have emerged, prompting the Indian government to take action against many.
Industry lauds amendments to online gaming rules
The government notified regulations for the industry that prohibits games that involve wagering or betting with real money.
One of the biggest changes that will take place because of these rules, is that online games will now be legally divided in 2 categories - online real money games, where players will use their real , and online games.