Wednesday, April 24, 2024
HomeNewsIndiaAIGF urges states to take proactive approach to online gaming regulation

AIGF urges states to take proactive approach to online gaming regulation

FOLLOW US

The All India Gaming Federation (AIGF) has called on states to take a proactive approach to develop robust policy frameworks for the online gaming industry.

Esports and e-gaming are going to play an important part in the Indian economy, it said, citing a study that predicts the Indian gaming market will hit $6-7 billion by 2025 from $1.8 billion at present.

It said the state governments have a role to play in pushing a proactive approach to creating regulation, which will be a catalyst for growth. 

“India has more than 200 million e-gamers playing across more than 200 platforms. E-sports and e-gaming, under the umbrella of digital economy growth, are going to play an important role in the Indian economy. “To encourage this, the e-gaming industry needs robust policy frameworks and digital infrastructure to foray towards being a global leader,” PK Mishra, president of All India Gaming Federation, said.

Skill-based online gaming is legal in India, although there is no federal legislation and each individual state decides its approach. The legal patchwork has led to a push and pull situation between courts and government, with several states attempting to ban online gambling, only to have the ban overturned in High Court appeals. 

AGBrief Editorial
AGBrief Editorialhttps://agbrief.com/about-asia-gaming-brief/
The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.

RELATED ARTICLES