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Online Gaming Act To Be Implemented From Oct 1: Ashwini Vaishnaw

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SUMMARY

The government plans to undertake another round of discussions with industry players and banks before October 1 to gauge their readiness for the implementation of new rules

Passed by the Parliament last month, the online gaming Act bans all forms of online RMG, prohibits advertising of such platforms and bars financial institutions from facilitating transactions for such platforms

In the aftermath, most RMG startups have laid of employees and pivoted to new business models to…

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