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faux saint laurent bagOn Thursday, the Indian government issued regulations to govern the online gaming industry, prohibiting games that involve wagering or betting with real money.
Chandrasekhar explained that acceptable online games are those that do not involve wagering or content that causes user harm or addiction in children.
The online gaming self-regulatory body can deem an online real money game as permissible, as long as "the online real money game does not involve wagering on any outcome.
The SROs must also post a framework on their website to protect users against gambling addiction, financial loss, and fraud.
"This is the best possible framework and the way ahead for online gaming firms in India.
Chandrasekhar claimed that any state legitimately attempting to combat gambling or betting would find the rules non-ultra vires to their efforts.
It will ensure the responsible and transparent growth of the industry, safeguarding consumer interests while curbing the proliferation of illegal offshore gambling sites," Dr Subi Chaturvedi, Global SVP, Chief Corporate Affairs and Public Policy officer of InMobi Group said.
(With Agency inputs)Also Read
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However, they are all state-run.
Lotteries in Turkey are regulated by the state-run National Lottery Administration.
The first are numeric games.
These games are only available via licensed dealers.
Turkish citizens can only play these games via authorized dealers with permits from the state-run Turkish National Lottery Administration.
By 1996, new laws were passed to limit Turkish casino gambling.
A prominent businessman named Ömer Lütfü controlled most of the gambling operations in Turkey at the time.
Sadly, he was assassinated in the summer of 1996.
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