After Lok Sabha, Rajya Sabha Passes Online Gaming Bill

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SUMMARY

Rajya Sabha passed the ‘Promotion and Regulation of Online Gaming Bill, 2025’ today, a day after the Lok Sabha

The Bill proposes a complete ban on real money games, and will deal a crushing blow to the startups in the segment once it comes into effect

The government has cited risks of money laundering and terror funding, as well as annual losses of INR 20,000 Cr, due to real money games as the reason behind introducing the Bill

The Rajya Sabha passed the…



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After Lok Sabha, Rajya Sabha Passes Online Gaming Bill


SUMMARY

Rajya Sabha passed the ‘Promotion and Regulation of Online Gaming Bill, 2025’ today, a day after the Lok Sabha

The Bill proposes a complete ban on real money games, and will deal a crushing blow to the startups in the segment once it comes into effect

The government has cited risks of money laundering and terror funding, as well as annual losses of INR 20,000 Cr, due to real money games as the reason behind introducing the Bill

The Rajya Sabha passed the…



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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