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china gaming rules: China says may revise gaming rules after tech stocks tumble

Chinese authorities may revise newly drafted online gaming rules, state media reported Saturday, a day after the announcement of the planned curbs triggered a sell-off in major tech stocks.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIT DelhiIITD Certificate Programme in Data Science & Machine LearningVisitIndian School of BusinessISB Digital TransformationVisitIIM LucknowIIML Executive Programme in FinTech, Banking & Applied Risk ManagementVisit"With regard to the concerns

In charts: 28% GST on eGaming not a win-win

The online gaming industry in India has witnessed signifcant growth and is emerging as a buzzing sector with huge economic potential. The online gaming industry in India has witnessed signifcant growth and is emerging as a buzzing sector with huge economic potential. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their…

Online gaming: Online gaming companies plan to talk rules with states

Online gaming companies are planning to reach out to state governments about their concerns over the implementation of gaming rules that were notified by the Centre earlier this year.Industry associations such as E-Gaming Federation, All India Gaming Federation and Federation of Indian Fantasy Sports contend that while certain online games are permissible under central rules, the states may still go ahead and ban them.These bodies plan to approach the governments of Tamil Nadu, Odisha, Assam and Telangana over the issue,…

Online Gaming Rules: Gaming rules to control unwarranted negative impact on children: IT ministry

The purpose of amending the Information Technology Rules of 2021 to introduce a framework for online gaming is to control “the unabated and unwarranted negative impact of online gaming activities on users, especially children and other vulnerable sections of society”, the government said on Thursday.In a press notification, the Ministry of Electronics and Information Technology said that the new rules on permissible online games will ensure that online games or sites that involve wagering will be banned completely…

online gaming rules: Gaming firms seek clarity on revised rules

Gaming companies, which fear prosecution or probes by state governments acting in accordance with local regulations despite the notification of a revised set of central rules on Thursday, are seeking further clarification from the union government, several executives told ET. They are particularly worried as gambling, betting and wagering on the outcome of a game are state subjects under the Constitution and can have wide definitions. States can also ban gaming in their area in accordance with local laws, they added.At a…

Gaming rules: Gaming companies seek tweaks in draft rules in submissions

The role of the proposed self-regulatory body (SRB) and the process of registration of games were among the key issues on which online gaming platforms and industry bodies have put forth their suggestions, while making their submissions to the Ministry of Electronics & Information Technology (Meity) on the draft rules for the sector.The gaming committee of the Internet and Mobile Association of India (IAMAI) has sought a common framework to be laid down by the government for the SRBs to follow so that uniform…