Tag: Online Gaming

Consumer advocacy groups demand ban on opinion trading platforms in India

Granting this request, the High Court has allowed the state three more weeks to file a comprehensive affidavit and has called upon the Union Government to submit its response as well.

Many advertisements, including influencer promotions, falsely portray earnings as risk-free, potentially violating ASCI and CCPA guidelines on deceptive promotions.

Tamil Nadu gaming authority to stakeholders: Implement regulations or face criminal charges

It’s worth noting that in November 2023, the Madras High Court struck down the law banning online money games such as Rummy and Poker, declaring it "unconstitutional."

E-Gaming Federation on Tuesday met TNOGA officials Md. Nasimuddin and Dr. M.C. Sarangan to discuss issues pertaining to Tamil Nadu’s RMG regulations.

RMG industry divided over Tamil Nadu’s online gaming regulations

TNOGA regulations will primarily impact pay-to-play games such as Rummy and Poker. Multiple RMG federations and operators are evaluating how to implement the TNOGA regulations.

The gaming federations will seek six months of time for the implementation while some RMG operators believe a formal lawsuit should be filed immediately, others are hesitant.

TNOGA Regulations enforced, RMG operators face compliance challenges

Senior Counsel C Aryama Sundaram, representing the petitioners in earlier hearings, asserted that the Tamil Nadu government lacks jurisdiction to legislate in this domain.

The regulations took effect on the date of publication in the Tamil Nadu Government Gazette, leaving RMG (Real Money Gaming) operators scrambling to comply with the new rules or risk criminal liability.

Industry stakeholders seek govt action against illegal betting apps

Granting this request, the High Court has allowed the state three more weeks to file a comprehensive affidavit and has called upon the Union Government to submit its response as well.

A representation letter will also be sent to Ministry of Consumer Affairs, Ministry of Information & Broadcasting, Ministry of Finance, SEBI and ASCI on the need to prohibit opinion trading platforms in India.