A government group advocates for an oversight body and new internet gambling legislation

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According to a government panel’s study seen by Reuters, India should establish a regulatory organisation to categorise online games as being based on skill or chance, enact regulations to restrict forbidden formats, and adopt stronger regulations regarding gambling websites.

In the country’s online gaming industry, where foreign investors like Tiger Global and Sequoia Capital have backed gaming startups Dream11 and Mobile Premier League, which are wildly popular for fantasy cricket, top officials from Prime Minister Narendra Modi’s administration have been drafting regulations for months.
The eagerly anticipated report is expected to influence the direction of India’s mobile gaming market, which is predicted to grow from $1.5 billion this year to $5 billion by 2025. It comes amid growing worries that video games might lead to addiction and that “inconsistent state legislation” can hurt the economy.

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