Terror funding angle complicates the case for real-money gaming companies
In a significant move to regulate the burgeoning online gaming industry, the Indian government has passed ‘The Promotion and Regulation of Online Gaming Bill, 2025’. This legislation comes in response to growing concerns regarding money laundering and terror financing linked to real-money gaming entities, IT and Electronics Minister Ashwini Vaishnaw said.
The government had observed alarming trends, including substantial financial losses leading to tragic outcomes like suicides, which had become prevalent across the nation, Vaishnaw informed Parliament.
