{"id":22121,"date":"2023-04-17T11:38:49","date_gmt":"2023-04-17T11:38:49","guid":{"rendered":"https:\/\/authbridge.com\/?post_type=post&#038;p=22121"},"modified":"2023-08-10T04:34:03","modified_gmt":"2023-08-10T04:34:03","slug":"new-online-gaming-rules-meaning-and-impact","status":"publish","type":"post","link":"https:\/\/authbridge.com\/staging\/resources\/blogs\/new-online-gaming-rules-meaning-and-impact\/","title":{"rendered":"New Online Gaming Rules: Meaning and Impact"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Ministry of Electronics and Information Technology (MEITY) introduced \u2018new online gaming rules\u2019 on 6th April 2023 suggesting amendments to the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 addressing key proposals like self-regulatory body(SRBs), mandatory know-your-customer norms, and a grievance redressal mechanism.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">The government started with an initial framework to regulate Real Money Gaming (RMG), which has now evolved into a framework that can regulate the entire online gaming ecosystem for wagering and child addiction. The gaming industry hails the government\u2019s bid to curb misinformation calling it the first step in the direction of recognition of the online gaming market in India. With a huge market potential in India, the framework will help startups\/innovators in the gaming industry while prohibiting wagering or betting.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">What is an online gaming intermediary?<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">An online game is one that \u201cis offered on the internet and is accessible by a user through a computer resource. An \u201conline gaming intermediary\u201d means an intermediary that offers one or more than one online game.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">What is a Self-regulatory Body (SRB)?<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">SRB is a non-government self-regulatory body created to facilitate a safer gaming experience. <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">An SRB will have gamers, child rights representatives and educators. These SRO will evolve to work on ways to allow or deny permissions based on the guidelines in order to prohibit wagering and stop child addiction. These SROs will also safeguard users against the risk of gaming addiction, financial loss and financial fraud.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">What should a gaming company needs to do?<\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ensure a robust KYC mechanism for all the players<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ensure registration with a self-regulatory body<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Random number generator and no bot certificate for fair practices<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Appointment of a compliance officer, nodal officer and a grievance officer<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Inform the users of rules and regulations, privacy policy, refund and withdrawal policies<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Clear terms of distribution of winnings and fees or other charges payable by the user<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">Impact of these new gaming rules<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The introduced rules and regulations are bound to shape the future of the gaming industry in India. This change will be a boost for entrepreneurs and startups to reach their full potential. Here are the 5 things we can expect:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Recognition:<\/b><span style=\"font-weight: 400;\"> The gaming sector will have its much-due recognition as a key industry with a huge market potential.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Consistency:<\/b><span style=\"font-weight: 400;\"> With this move from the central government, the rules will clear the air around rules which earlier varied from state to state.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Fairplay:<\/b><span style=\"font-weight: 400;\"> Installation of SROs in the framework will help companies abide by compliance around AML, player KYC, and reward distribution.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Wagering:<\/b><span style=\"font-weight: 400;\"> These rules will clearly set apart the games under the purview of wagering and will help differentiate between permissible games vs not permissible ones.<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">How is the industry responding to these rules?<\/span><\/h2>\n<p><a href=\"https:\/\/youtu.be\/DKxSF2hwp9E?t=248\"><span style=\"font-weight: 400;\">Moneycontrol with Trivikraman Thampy (games 24*7)<\/span><\/a><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">These rules set apart legit games from untrustworthy ones for the customers.\u00a0\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Illegal and harmful games, operated offshore\/unrecognized will not get registered with SROs.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The self-regulatory model addresses the concern of recognition of the \u2018games of skill\u2019 by different state governments.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">This framework will help SRO regulate games for process compliance like player kyc, and no bots to ensure fair play &amp; distribution of rewards.<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">Safer Gaming Experience with <\/span><span style=\"font-weight: 400;\">AuthBridge<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">AuthBridge welcomes the move from the centre and advocates the safety of players as well as businesses in online gaming. We continuously strive to bring trust and transparency to business transactions with the help of data and due diligence. <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">With our <a href=\"https:\/\/authbridge.com\/staging\/solutions\/by-industry\/online-gaming\">verification solution for online gaming<\/a> suited for complex individual verification to business due diligence, we have helped a number of gaming clients stay compliant with the norms and offer a safer gaming experience.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><a href=\"https:\/\/authbridge.com\/staging\/whitepaper\/authbridge-dream-11-kyc\"><span style=\"font-weight: 400;\">Learn how Authbridge played a pivotal role in helping Dream11 grow its player base by 300% this season<\/span><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Interested in learning how Authbridge can help your company achieve compliance and be future-ready?\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/bit.ly\/3GQhg6d\"><span style=\"font-weight: 400;\">&lt;Talk to an expert today&gt;<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ministry of Electronics and Information Technology (MEITY) introduced \u2018new online gaming rules\u2019 on 6th April 2023 suggesting amendments to the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 addressing key proposals like self-regulatory body(SRBs), mandatory know-your-customer norms, and a grievance redressal mechanism. The government started with [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":43615,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[],"class_list":["post-22121","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blogs"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.13 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>New Online Gaming Rules: Meaning and Impact - AuthBridge<\/title>\n<meta name=\"description\" content=\"The Indian government&#039;s new online gaming rules aim to regulate the entire gaming ecosystem with mandatory KYC norms and self-regulatory bodies.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Online Gaming Rules: Meaning and Impact\" \/>\n<meta property=\"og:description\" content=\"The Indian government&#039;s new online gaming rules aim to regulate the entire gaming ecosystem with mandatory KYC norms and self-regulatory bodies.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/authbridge.com\/staging\/resources\/blogs\/new-online-gaming-rules-meaning-and-impact\/\" \/>\n<meta property=\"og:site_name\" content=\"AuthBridge\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-17T11:38:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-10T04:34:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/authbridge.com\/staging\/wp-content\/uploads\/2023\/04\/New-Online-Gaming-Rules-Meaning-and-Impact.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1\" \/>\n\t<meta property=\"og:image:height\" content=\"1\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Shivangi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@authbridge\" \/>\n<meta name=\"twitter:site\" content=\"@authbridge\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shivangi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/authbridge.com\\\/staging\\\/resources\\\/blogs\\\/new-online-gaming-rules-meaning-and-impact\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/authbridge.com\\\/staging\\\/resources\\\/blogs\\\/new-online-gaming-rules-meaning-and-impact\\\/\"},\"author\":{\"name\":\"Shivangi\",\"@id\":\"https:\\\/\\\/authbridge.com\\\/staging\\\/#\\\/schema\\\/person\\\/018b88cec7f62fb62f7ee58be89b692d\"},\"headline\":\"New Online Gaming Rules: Meaning and Impact\",\"datePublished\":\"2023-04-17T11:38:49+00:00\",\"dateModified\":\"2023-08-10T04:34:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/authbridge.com\\\/staging\\\/resources\\\/blogs\\\/new-online-gaming-rules-meaning-and-impact\\\/\"},\"wordCount\":652,\"publisher\":{\"@id\":\"https:\\\/\\\/authbridge.com\\\/staging\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/authbridge.com\\\/staging\\\/resources\\\/blogs\\\/new-online-gaming-rules-meaning-and-impact\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/authbridge.com\\\/staging\\\/wp-content\\\/uploads\\\/2023\\\/04\\\/New-Online-Gaming-Rules-Meaning-and-Impact.png\",\"articleSection\":[\"Blogs\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/authbridge.com\\\/staging\\\/resources\\\/blogs\\\/new-online-gaming-rules-meaning-and-impact\\\/\",\"url\":\"https:\\\/\\\/authbridge.com\\\/staging\\\/resources\\\/blogs\\\/new-online-gaming-rules-meaning-and-impact\\\/\",\"name\":\"New Online Gaming Rules: Meaning and Impact - 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