Govt to establish self-regulatory body for online gaming industry

NewsBharati    03-Jan-2023 12:08:50 PM
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New Delhi, Jan 3: With online games growing in India, the central government has decided to establish a self-regulatory body that will regulate online gaming companies amid rising concerns over people getting addicted to games and businesses being disrupted by patchy state laws.
 
Govt to establish self-regulatory body for online gaming industry
 
"With the user base of online games growing in India, need has been felt to ensure that such games be offered in conformity with Indian laws and that the users of such games be safeguarded against potential harm," the IT Ministry said in a rules’ draft amendments published on Monday.
It said that it "shall observe additional due diligence by displaying a registration mark on all online games registered by a self-regulatory body and informing its users regarding its policy related to withdrawal or refund of deposit, manner of determination and distribution of winnings, fees and other charges payable and KYC procedure for user account registration.
 
Self-regulatory bodies will be registered with the Ministry and may register online games of such online gaming intermediaries who are its members and which meet certain criteria. Such bodies will also resolve complaints through a grievance redressal mechanism, it added.