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INDIA IS BOOMING WITH ONLINE POKER TOURNAMENTS

Online poker is getting bigger and bigger in India, estimating RS 700 crore

by Poker King|April 3/2019|views: 1005

Online poker is now booming in India. The Asian country has made betting on skill-based games legal. Lately, Indian political parties have been mulling to include online gaming regulation in part manifestos as general elections are soon to begin.

AIGF (The All India Gaming Federation) has given its proposal to all members of both the Congress and BJP to include regulation on online gambling activities.

Supporting the thesis that the online gambling industry is to generate more revenue, create jobs and exclude illegal activities such as money laundering and match-fixing, the AIGF suggests including all online games that involve real money playing, such as Rummy, Teen Patti and Poker.

Roland Landers, AIGF’s CEO said: “It is commendable that the two main political parties have looked at inclusiveness and suggestions from people across the country in their manifestos. We wanted to highlight this critical issue of regulation in the online gaming industry, that has long been ignored but is the need of the hour and hence have sent our suggestions to the respective committees highlighting the benefits that will accrue to all stakeholders.”

The All India Gaming Federation focuses its work on policy advocacy.

India has its own acts regarding gaming. Whilst most of them are quite archaic, the gambling business has expanded and grown digital – way beyond the scope of the acts, hence is in need of a central regulatory framework.

As of today, only two Indian states provide legal online gaming through their offline licenses – Goa and Sikkim.