RMG Ecosystem Stares At Oblivion As Govt Mulls Total Ban

The proposed rules also ban all advertisements, or production thereof, involving money-based online gaming platforms

The draft rules bar banks, financial institutions and “individuals” from facilitating any transactions related to online money-based gaming platforms

Sources said that operating a money-based online gaming platform could attract a jail term of up to three years or a fine of INR 1 Cr or both

The homegrown real money online gaming ecosystem is staring at a…