The Indian Game Company A23 has questioned the government ban on online money -based online games, shows the legal filed law in the first case against a law that led to a sudden stopping of popular competitions, and doubting the future of the industry.
Last week, the Prime Minister of Narendry Modi’s government issued a law to disable such games on which this industry relies on skills and is therefore not gambling. Gambling has already been very limited in India.
Legislation is a failure for industry supported by risky capital companies, such as Tiger Global and Peak XV Partners, and that was, according to industry estimates, it was a good way in India by 2029.
In court, filing with the High Court in Karnataka, Southwest India A23, which offers Rummy and Poker games, he said that the law “criminalizes legitimate business in online games, resulting in closing various game companies overnight”.
The new law is a “product of state paternalism”, A23 added to its submission and asked to be declared unconstitutional when applied to skills such as Rummy and Poker.
The submission of 28 August is not public, but was reviewed by Reuters. Indian IT ministry did not answer questions immediately.
A23.com is described as an online gaming platform with more than 70 million players.
The accompaniment of the leadership of Indian crickets and other marketing efforts have increased the attraction of applications such as Dream11 and Mobile Premier League, where virtual cricket teams are created on the basis of real players, ran, goals and catches.
Both applications interrupted their money after the ban.
MPL decided not to use the legal call against the game law and also advises industrial bodies, which instead of focusing on business models instead, told Reuters a higher source in the game company. The source asked not to be appointed because they were not authorized to publicly talk about this matter.
Dream11 will also not challenge the law, although “95% of our group’s income disappeared overnight,” said his CEO Harsh Jain this week CNBC TV 18.
The MPR did not answer Reuters’ questions, while Dream11 said he was planning to “build a great Indian sports company, driven by AI and creative economy”.
The Modius government has repeatedly expressed its misfortune over the money based on money and stated that they were causing addiction.
When notifying the law last week, he stated that he was obliged to act against “social evil”.
(Tagstotranslate) online money based on money
