https://newsanalysisindia.com The news you need to know, explained Thu, 21 Aug 2025 00:00:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://newsanalysisindia.com/tech/online-gaming-financial-ruin-through-games-%e2%82%b920000-crores-lost-annually/ Thu, 21 Aug 2025 00:00:00 +0000 http://newsanalysisindia.local/online-gaming-financial-ruin-through-games-%e2%82%b920000-crores-lost-annually/ The Promotion and Regulation of Online Gaming Bill 2025 has been passed in the Lok Sabha to protect over 45 crore people from the clutches of online gaming. According to data made available by an official source following the bill’s passage, a shocking revelation has come to light. The government estimates that approximately 45 crore people lose around ₹20,000 crore annually in online real-money gaming.

]]> https://newsanalysisindia.com/india/online-gaming-bill-approved-by-rajya-sabha-following-lok-sabhas-passage/ Thu, 21 Aug 2025 00:00:00 +0000 http://newsanalysisindia.local/online-gaming-bill-approved-by-rajya-sabha-following-lok-sabhas-passage/ The Rajya Sabha has approved the Promotion and Regulation of Online Gaming Bill on Thursday, marking the final day of the Monsoon Session. This action followed the Lok Sabha’s prior approval. The bill is designed to curb harmful online money gaming platforms while simultaneously fostering the growth of e-sports and social online games. The legislation was introduced in Parliament on Wednesday, initiated by a brief statement from Ashwini Vaishnaw, Minister of Electronics and Information Technology. Its passage through the lower house occurred amidst opposition protests. The bill further seeks to prohibit advertisements for online money games and prevent financial institutions from handling or transferring funds related to these games. It also aims to outlaw all forms of online betting and gambling, including games like poker, rummy, and fantasy sports.

]]>