Online Gaming Regulations: After introducing the required regulations, The Ministry of Electronics and Information Technology (MeitY) is likely to take even stronger approach on the illegal Online Games. If reports are to believed, we might see MeitY blocking Payment gateway access for Non-permissible Online games very soon. This step will further lead to identifying the illegal Online Betting games, applications, and companies especially ones which are based outside of India. For future updates on Esports and Online Gaming, follow InsideSport.IN.
The Indian Government (GOI) released new rules for online gaming, which prohibit any game that involves betting and wagering, and entail a framework of multiple self-regulatory organizations (SROs) to determine whether a real-money game is permitted or not. Previously, GOI hinted the same by removing more than fifty plus applications related to betting and gambling. According to many, this approach will certainly benifit the community in a longer run.
Online Gaming Regulations: MeitY likely to restrict Payment Gateway access for Non-permissible Online Games, CHECK DETAILS
A source close to GOI mentions that to come down even further on the betting games, and applications, the Ministry of Electronics and Information Technology (MeitY) is likely to issue a notice to fintech and payment companies, ordering them to restrict the access of their payment gateways to Non-permissible Online Games.
This comes after Government of India introduced a self regulatory system on Online Games, laying down a framework for them to be certified as permissible games. Previously, we have seen Meity taking strong steps against such applications. Now, going forward, it remains to be seen how things pan out. So, these are all about MeitY restricting Payment gateway access to Non-permissible Online games. For future updates on Esports and Online Gaming, follow InsideSport.IN.
