Facebook Pixel Online game Bill sparks outcry in legal circles | Financial Express Kochi - newspaper - Read this story on Magzter.com

Try GOLD - Free

Online game Bill sparks outcry in legal circles

Financial Express Kochi

|

August 21, 2025

THE PROMOTION AND Regulation of Online Gaming Bill has taken the legal fraternity by surprise.

- JYOTSNA BHATNAGAR

Top lawyers have described it as a draconian measure that not only threatens a booming ₹2-lakh crore industry but also endangers the livelihood of lakhs of people employed in the sector. They said the contentious Bill carries severe legal ramifications.

Expressing her deep disappointment, Ranjana Adhikari, head of technology, media and telecommunications (TMT) at law firm Shardul Amarchand Mangaldas, said: "This step is deeply disappointing and contrary to the expectations that this sunrise industry had from the regulators. In the past few years, this industry has contributed significantly to India's digital economy and Make-in-India vision, through tax revenue, job creation and innovation. The Bill also seemingly disregards long-standing legal precedents that protect the right to pursue legitimate businesses like skill gaming as fundamental rights. Blanket bans will only push the consumer to illegal sites, and expose the user to more vulnerability."

MORE STORIES FROM Financial Express Kochi

Financial Express Kochi

‘Exit polls meant to demoralise TMC’

MAMATA TARGETS BJP THE DAY AFTER POLLS

time to read

2 mins

May 01, 2026

Financial Express Kochi

Metro saturation pushes q-comm into tougher growth markets

EYEING DEEPER PRESENCE

time to read

1 mins

May 01, 2026

Financial Express Kochi

Federal Bank to acquire bulk of StanChart’s India credit cards biz

INAMOVE to expand its retail footprint in tier-1 cities, Federal Bank will acquire a majority of Standard Chartered Bank India's credit card portfolio.

time to read

1 mins

May 01, 2026

Financial Express Kochi

‘Co-creation is an important focus area for us

A surge in fossil fuel prices following the war in Iran has begun to worry garment manufacturers, raising the prospect of higher production costs for global fast-fashion retailers such as H&M.

time to read

3 mins

May 01, 2026

Financial Express Kochi

Sebi brings fast-track mechanism for AIF launches

THE SECURITIES AND Exchange Board of India (Sebi) on Thursday rolled out a fast-track mechanism for processing private placement memoranda (PPMs) of alternative investment funds (AIFs), in an attempt to enable efficient capital deployment.

time to read

1 min

May 01, 2026

Financial Express Kochi

Trai moves to regulate cars that communicate

Consultation paper on V2X released to shape spectrum and market structure

time to read

2 mins

May 01, 2026

Financial Express Kochi

US GDP grows solid 2% in Q1

US ECONOMIC GROWTH picked up in the first quarter on a rebound in government spending after a crippling government shutdown, but the increase is likely temporary as the war with Iran drives up gasoline prices and squeezes household budgets.

time to read

1 mins

May 01, 2026

Financial Express Kochi

Sugar output rises 7% so far in 2025-26

INDIA'S SUGAR PRODUCTION rose 7.32% to 27.52 million tonne (MT) so far in the 2025-26 marketing season, driven by higher output in Maharashtra and Karnataka, industry body ISMA said on Thursday.

time to read

1 min

May 01, 2026

Financial Express Kochi

Mamdani’s advice to Charles: Give Koh-i-Noor back to India

Mayor Zohran Mamdani said he would encourage King Charles III to return the Koh-i-Noor diamond.

time to read

1 min

May 01, 2026

Financial Express Kochi

Waaree Energies plans ₹30,000-cr capex over 2 years

SOLAR PRODUCTS MANUFACTURER

time to read

1 min

May 01, 2026

Listen

Translate

Share

-
+

Change font size