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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The bill, if passed, is likely to impose strict penalties on gambling through digital platforms and make online betting a punishable offence.
The bill, if passed, is likely to impose strict penalties on gambling through digital platforms and make online betting a punishable offence.
The loss of business could dent volumes, but should have next to no effect on the bottom line of payment companies
The Indian government has banned online real-money gaming citing health concerns, but the evidence for treating it the same way as drugs or tobacco remains thin.
The complete ban on online gaming involving money is just the latest example of a country running on a whim. To anyone doing business in India, this should serve as a reminder that the axe of high-handed government regulation could fall at any time.
The loss of business could dent volumes, but should have next to no effect on the bottom line of payment companies
The Indian government has banned online real-money gaming citing health concerns, but the evidence for treating it the same way as drugs or tobacco remains thin.
The complete ban on online gaming involving money is just the latest example of a country running on a whim. To anyone doing business in India, this should serve as a reminder that the axe of high-handed government regulation could fall at any time.
