Thursday, 21 August, 2025
India Bans Real-Money Gaming, Jeopardizing a $23 Billion Industry
India’s new Promotion and Regulation of Online Gaming Bill, 2025 enforces a sweeping ban on real-money gaming, potentially upending a sector valued at ₹2 trillion (~$23 billion). The industry, which generates around ₹3.1 lakh crore (~$3.6 billion) in annual revenue and contributes significant tax and job impacts, now faces severe disruption. Critics warn the ban risks driving users to unregulated markets and stifles a key growth engine in India’s digital economy.
Read full story at TechCrunch