Online Gaming Bill To Regulate Betting Apps Gets Cabinet Nod: Report

by · Inc42

SUMMARY

  • The Bill seeks to bring online gaming platforms under a legal framework and introduce penalties for gambling via digital apps
  • It prohibits the promotion of betting apps by renowned personalities such as celebrities and influencers
  • Also, a special 40% tax rate is being considered for goods falling under the “sin and demerit” category, which includes online gaming