Lok Sabha has undergone promotion and account regulation for online games, 2025, legislation that prohibits online money in India. This step focused on the solution of growing financial fraud, money laundering and dependence on games could trigger a seismic shift in the country’s sports economy – especially cricket.
Although the account was considered an indicative point for esports and educational games, its restrictions on real money platforms could enroll in the problems with the industry of fantasy games with more billions of dollars that have so far been banking the cricket market.
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What prohibits the new law?
Legislation sharply divides games into four categories: esports, educational games, social and occasional games and playing games. Of these, the real money-users have been inserted by users and play for cash rewards-3rd for a crime.
Key prohibitions include:
No person must offer or engage in online game services.
No bank or financial institution can facilitate transactions for such games.
Online money ads are prohibited across all media.
Sanctions are steep. Service providers face up to three years of imprisonment or fine £1 crore while advertisers risk up to two years in prison or fine £50 Lakh.
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How does it affect the Indian cricket?
Few industries are linked to real money games as an Indian cricket. For example, a dream £358 crore while My11cirCle is an official fantasy partner of the IPL, paying stunning £625 Crore for a five -year agreement.
In addition, the current and former cricket stars command personal approval of contracts on dozens of Crores from fantasy game platforms, PTI tells.
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With a bill that prohibits cash -based gaming models, these sponsorship flows could dry out, which directly affects:
- PTI says the Central BCCI revenue fund from team and league sponsors.
- Franchise leagues in cricket, Kabaddi and football that rely on gaming sponsorship.
- Accompanches of an individual player who can decrease dramatically.
Sports lawyer Vidushpat Singhania believes that the Indian cricket will survive, but not without consequences, according to the PTI report.
“Cricket is huge in India and will have no lack of sponsors for Indian cricket and its properties.
Could the fantasy platform adapt?
Industry initiates say fantasy games can turn towards a subscription model and charge users an entry fee instead of facilitating real money betting. However, such models do not have to generate the same range of income as the Fantasy League based on cash.
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As explained by Singhania PTI:
“Will be a subscription and say you pay.” £100 for the game application and test your skills in fantasy game games. But the actual gaming of money that pays and earns money is prohibited under this law. ”
This shift could reduce the massive income flows that result from fantasy games into cricket and raise questions about whether alternative sponsors can fill the gap.
Who benefits from the account?
While cricket may face financial presses, the ESports industry welcomed the bill. Given that Esports acquires the Olympic recognition and planned to debut at the ESports Olympic Games in Riyadh in 2027, recognition of legislation is considered a milestone as a different category.
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Akshat Rathee, co -founder and MD Nodwin Gaming, said PTI:
“The government’s intention to recognize and promote esports, as emphasized in the recent law, is an encouraging step towards building a structured and globally competitive ecosystem.
(Tagstotranslate) Online Gaming (T) Real Money Gaming (T) promotion and regulation of online gaming account
