India’s Government to Propose Blanket Ban on Real-Money Gaming

India’s government to propose blanket ban on real-money gaming, halting stakes and online transactions.
Matilda
India’s Government to Propose Blanket Ban on Real-Money Gaming
India’s government is set to propose a blanket ban on real-money gaming, sending shockwaves through the booming online gaming industry. The new legislation could restrict all online games involving stakes, whether based on skill or chance, marking a major regulatory shift. Image Credits:triloks/ Getty Images According to a draft of the proposed law, verified by multiple sources including a consultant from the IT ministry and industry insiders, the government plans to prohibit financial transactions for real-money games and ban their advertisements entirely. What the New Legislation Covers Tentatively named The Promotion and Regulation of Online Gaming Act, 2025 , the law will outlaw both real-money gaming operations and related transactions . The draft states: “No bank, financial institution, or any other person facilitating financial transactions or authorization of funds shall engage in, permit, aid, abet, induce, or otherwise facilitate any transaction or authorization of funds towards pa…