CHENNAI: The state government introduced an amending law in the assembly on Thursday to replace an ordinance that bans gambling in cyberspace. Now those who wager on online games such as rummy and poker can be jailed for up to two years or fined up to Rs 10,000 or both.
The bill, passed to prevent suicides related to online gambling, stated: “Nobody is allowed to wager or wager in games such as rummy or similar games played online with computers or any communication device or other gaming instrument. In addition, no one may facilitate or organize games in connection with gambling in cyberspace. “
Deputy Prime Minister O Panneerselvam’s bill also covers “games of sheer skill” when played with “bets, money or other stakes” in mind. If a company is at fault, everyone who is responsible and accountable for its management at the time of the crime, as well as the company, will be found guilty.
Fastest growing market
It is estimated that India is one of the fastest growing online gaming markets in the world. With 400 million players, the skill industry alone generates three-quarters of the US $ 1.2 billion in sales in India. Games of skill like rummy make up around 50 percent of total sales, while fantasy sports also fall into this area.