The On-line Gaming Invoice, permitted by the Union Cupboard on Tuesday, prohibits promoting or endorsements of platforms facilitating on-line video games that contain financial transactions.

Key Highlights of the On-line Gaming Invoice:

– Invoice goals to declare providing on-line cash gaming providers as an offence

– Endorsements for platforms to even be declared an offence

– Any switch of funds by financial institution, monetary establishment or every other particular person in the direction of cost for any on-line cash video games to be declared an offence

– Invoice lays down punishments and fines for the offences and enhanced punishments for repeat offences

– Supplies for blocking of any info associated to on-line cash video games, investigation of offence, energy to look and seizure of property

Penalties for offences:

– Any particular person providing on-line cash gaming service may face 3 years in jail, Rs 1 crore effective

– Any particular person concerned in advertisements may face two years in jail, Rs 50 lakh effective

– Any particular person concerned in transactions/transferring funds associated to on-line gaming may face 3 years in jail, Rs 1 crore effective

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