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Bill Banning Real Money Games Gets President’s Assent

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SUMMARY

With this, the Bill banning online money gaming services will become an Act once a notification is released announcing the date on which it will come into effect

The Centre is now tasked to constitute an authority to determine people engaged in in the now outlawed business, categorise games and formulate guidelines to be followed moving forward

Now, any business involved in the real money gaming business can be penalised in a range of INR 50 Lakh to INR 2 Cr along with an…

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