Govt plans independent regulator for online gaming
self-regulatory body for online gaming, it may be looking at incorporating an independent regulator that will allow only registered entities to offer e-gaming services in India.
The National Law University (NLU) Delhi, along with industry body E-Gaming Federation (EGF), is consulting with industry stakeholders to determine the direction that gaming regulations should take henceforth, people aware of the development told ET.
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Confirming the development, NLU assistant professor Raghav Pandey said the institution “is currently organising multi-part round table discussions to consult various stakeholders about the direction in which regulations ought to be framed”.
“While regulations are required for better functioning of the industry, a balance between growth and regulation should be maintained, which can only be ensured through a collaborative consultation process between the industry, other stakeholders, and regulators, and comprehensive research about the issues that could require regulation,” he said.
Previously, the government had proposed creation of more than one self-regulatory bodies (SRBs) for gaming under the proposed IT Rules 2023. These SRBs were supposed to be empowered to
