Colab Platforms Aligns with Government’s Vision to Establish India as an E-Sports Powerhouse

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New Delhi, [India], September 6: On 20th August 2025, Lok Sabha cleared the Promotion and Regulation of Online Gaming Bill, 2025, aimed at banning real-money online games in light of rising concerns around gambling addiction, money laundering, and financial fraud. The bill sets a progressive framework that prohibits harmful money-gaming services.

Under the Online Gaming Bill, E-sports are recognized as a legitimate competitive sport and seeks promote its growth through guidelines for event organization, establishment of training academies…



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Colab Platforms Aligns with Government’s Vision to Establish India as an E-Sports Powerhouse


New Delhi, [India], September 6: On 20th August 2025, Lok Sabha cleared the Promotion and Regulation of Online Gaming Bill, 2025, aimed at banning real-money online games in light of rising concerns around gambling addiction, money laundering, and financial fraud. The bill sets a progressive framework that prohibits harmful money-gaming services.

Under the Online Gaming Bill, E-sports are recognized as a legitimate competitive sport and seeks promote its growth through guidelines for event organization, establishment of training academies…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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