Online gaming still has too many regulatory overlaps
New regulations in India aim to legitimize online gaming, including peer-to-peer gaming, and offer a framework for legal online gaming. The rules aim to widen distribution channels for games of skill, encourage new marketing avenues, and ease restrictions on digital advertising tools. The regulations also ban offshore betting ads and require online gaming intermediaries to display a mark of verification, user identification and verification, and appoint a grievance officer and chief compliance officer. However, there are concerns about government overreach in market supervision and duplication of regulatory compliances.
New regulations in India aim to legitimize online gaming, including peer-to-peer gaming, and offer a framework for legal online gaming. The rules aim to widen distribution channels for games of skill, encourage new marketing avenues, and ease restrictions on digital advertising tools. The regulations also ban offshore betting ads and require online gaming intermediaries to display a mark of verification, user identification and verification, and appoint a grievance officer and chief compliance officer. However, there are concerns about government overreach in market supervision and duplication of regulatory compliances.