Thursday, 21 August, 2025
India’s Real-Money Gaming Ban Sparks Industry Chaos Amid Mass Withdrawals and Black-Market Risks
India’s recent ban on online real-money gaming has thrown the industry into disarray—gamers are hastily withdrawing funds, while companies scramble to pivot. Executives warn the move could unintentionally fuel a resurgence of unregulated, offline 'satta' markets via VPNs and informal cash play. Some firms are pursuing legal action or seeking transition periods, but experts are advocating for regulated alternatives rather than outright prohibition.
Read full story at Economic Times