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The discussion focusses issues related to orderly transition and protection of the user’s money, according to Moneycontrol citing sources.
Union Minister Ashwini Vaishnaw. (File Image)
Union Information Technology Minister Ashwini Vaishnaw, along with senior officials, on Monday held a meeting with the online gaming industry representatives to discuss the impact of the Online Gaming Bill 2025, Moneycontrol has reported citing sources.
According to the report, the talks focussed on promoting e-sports and online social games, which remain outside the scope of the ban on real-money gaming.
Issues related to orderly transition and protection of the user’s money were also discussed. It was noted that industry has taken steps to ensure compliance with the Act, according to the sources.
Last month, Parliament passed the Promotion and Regulation of Online Gaming Bill, 2025, which bans all money-based online games and prescribes penalties of up to Rs 1 crore and jail terms.
The bill, piloted by Minister of Electronics and IT Ashwini Vaishnaw, seeks to ban all forms of online money games while promoting e-sports and online social gaming. It also seeks to prohibit advertisements related to online money games and bar banks and financial institutions from facilitating or transferring funds for any of such games.
Online money games are played by depositing money in expectation of winning monetary and other rewards.
Following this, gaming companies halted their real money-based games.
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More
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