Complete Onboarding and Authentication on One Platform

Need for Technology to Combat Risk and Stay Compliant in Real Money Gaming

New Online Gaming Rules Meaning and Impact

Table of Contents

The journey of online real money gaming has been promising as the growth trajectory is only going upwards – especially after Covid-19. The repeated mandated lockdowns pushed more players across the world to play online real money games and cash in on some massive winnings. As per the All India Gaming Federation – The Online Gaming in India – The GST Conundrum’ report, the online real money players are expected to grow from 80 million in 2020 to 150 million by 2023.

 

Despite the RMG space growing at a head-spinning pace, it is a highly unregulated industry in India. Factors like industry moving from brick-and-mortar casinos to online space, easy accessibility, growing networking capabilities, integration of cloud, mobile apps, and social networks are appealing not only to the gamers but also to the fraudsters. 

 

As the space is unregulated, it is a breeding ground for bad actors who can cause reputational, financial, and regulatory risks to the business. Online gaming operators need a robust KYC framework to protect themselves from sophisticated and fraudulent attacks.

More To Explore

How to avoid deepfake scam user onboarding
Background Checks

5 Ways To Avoid Deepfake Scam In Customer Onboarding

Introduction Deepfake technology has emerged as a significant threat to digital security, particularly during customer onboarding. Fraudsters increasingly use this technology to impersonate genuine customers, bypassing traditional identity verification systems. In this blog, we’ll explore

QCommerce FDA case
Background Checks

Ensuring Regulatory Compliance In The Quick Commerce Space

The fast-growing quick-commerce industry, characterised by ultra-fast deliveries from dark stores, has undoubtedly moulded the e-commerce space. However, as with all these sectors, it is not immune to scrutiny from regulatory bodies. In recent months,

Digipin blog
Background Checks

DIGIPIN: What Is It?, How To Use & Importance

India’s postal services, which are vital in connecting the country’s vast geographical landscape, have long relied on the traditional 6-digit PIN code system (introduced in 1972). However, with increasing demand for precision in deliveries, India

Hi! Let’s Schedule Your Call.

To begin, Tell us a bit about “yourself”

The most noteworthy aspects of our collaboration has been the ability to seamlessly onboard partners from all corners of India, for which our TAT has been reduced from multiple weeks to a few hours now.

- Mr. Satyasiva Sundar Ruutray
Vice President, F&A Commercial,
Greenlam

Thank You

We have sent your download in your email.

Case Study Download

Want to Verify More Tin Numbers?

Want to Verify More Pan Numbers?

Want to Verify More UAN Numbers?

Want to Verify More Pan Dob ?

Want to Verify More Aadhar Numbers?

Want to Check More Udyam Registration/Reference Numbers?

Want to Verify More GST Numbers?