Real-money gaming ban may hit payment, regtech businesses hard
The second-order effects of a ban on real-money gaming (RMG) are set to be felt across the fintech sector, with digital payment companies and regulatory technology startups bracing for a large chunk of their business disappearing.
The Promotion and Regulation of Online Gaming Bill, 2025, which seeks to impose a countrywide ban on online games where real money is wagered, has received Parliament approval with the Rajya Sabha passing it on Thursday, a day after the Lok Sabha cleared it. This is set to impact gaming platforms like Dream11, Pokerbaazi and MyRummyCircle.
