NISHITH.TV
  • Mumbai
  • Silicon Valley
  • Bengaluru
  • Singapore
  • Mumbai BKC
  • New Delhi
  • Munich
  • New York

Locations

  • Mumbai
  • Silicon Valley
  • Bengaluru
  • Singapore
  • Mumbai BKC
  • New Delhi
  • Munich
  • New York
  • Content
  • Home
  • ABOUT US
  • NDA in the Media
  • Areas of Service
  • Research and Articles
  • Opportunities
  • Contact
  • NDACloud
  • Client Access
  • Member Access
  • Events and Calender
  • How we perform
  • Knowledge anywhere, anytime
  • See our recent deals
  • Up to date legal developments
  • Case studies in M&A

News Details

HTMLPDF

November 15, 2022

2022: a turning point for India's online gaming industry

 


This article was published in the latest issue of the @International Masters of Gaming Law magazine.


Summary

2022 has heralded a new era for India’s online gaming industry. Historically, real money gaming has been plagued with social and ethical concerns. However recently, the Indian Government has begun to recognize the gaming industry as a pillar of the Indian economy. Indian courts have also reiterated that offering online games of skill is a protected business activity. Indian gaming companies have achieved unicorn status and have been listed on the stock exchange.

On the flipside, there has also been greater scrutiny of the industry. There has been scrutiny of offshore gambling platforms offered remotely in India, and unlawful gambling advertisements, potential tax evasion and foreign exchange and money-laundering violations by gaming operators.

As the industry is poised towards central regulations, we recap some of the significant developments and enforcement actions driving the change in India’s online gaming industry today.

For complete article, please click here.


– Tanisha Khanna & Gowree Gokhale

You can direct your queries or comments to the authors

Mission and Vision


Distinctly Different

What's New


SEBI Modifies FPI Master Circular: Onboarding Process Streamlined
Regulatory Hotline: March 29,2023
Amendments to Finance Bill, 2023
Tax Hotline : March 29,2023

Events


Webinars

Sovereign Wealth Fund and Pension Funds investments in India: Unique Considerations and Critical Issues
March 09,2023 - March 09,2023

This event is over. For event material please click here


Seminar

Fund Structuring and Investments in 2023 - Luncheon and Knowledge Sessions
March 24,2023 - March 24,2023

This event is over. For event material please click here


Round Table

Investing In Net Zero
July 22,2022 - July 22,2022

This event is over. For event material please click here

News Roundup


News Articles

Shareholder Activism: An ESG tool or a Founder’s curse?
October 13,2022

Quotes

Sebi relaxes FPI onboarding norms but gaps remain in framework, say experts
March 28,2023

Newsletters


Regulatory Hotline

SEBI Modifies FPI Master Circular: Onboarding Process Streamlined
March 29,2023

Tax Hotline

Amendments to Finance Bill, 2023
March 29,2023

Regulatory Hotline

Australia and India’s education Framework – What it means for stakeholders
March 20,2023

  • Disclaimer
  • Content
  • Feedback
  • Walkthrough
  • Subscribe
Nishith Desai Associates@2016 All rights reserved.