India: ASCI steps in to regulate online gaming
February 04 2021 With the high penetration rate of internet among the Indian populace and through the increasing ease of accessibility to smart phones, there has been a substantial rise in online gaming in India. A recent Business Standard article estimated that gaming apps registered an average user increase of 40-50% during the first half of 2020. The number of gamers are projected to further grow from 320 million to 470 million over the next two years. As a general rule, platforms that offer ‘games of skill’, as opposed to ‘games of chance’, are permitted t...