Gaming industry seek a more nuanced regulatory system

The draft rules for online gaming in India tabled by the Union Ministry of Electronics and IT (MeitY) in the first week of January has largely been welcomed by the different stakeholders, despite some reservations about its seemingly blanket application.

The proposed rules include formation of a self-regulatory body or bodies (SRBs), mandatory know-your-customer (KYC) norms for verification and a grievance redressal mechanism. The proposal is subject to public consultation till January 17. 

At a discussion on “The Policy Dialogue: Regulating Online Gaming” organised at Delhi by The Quantum Hub (TQH) and the All India Gaming Federation (AIGF), on Wednesday, various stakeholders raised concerns ranging from the financial risk involved to increasing law enforcement requests.