All of India’s 623 gaming startups are in serious trouble if the Karnataka Police Bill passes in the legislative assembly. The Karnataka Bill, if approved, would really cripple the Indian start-up sector, the gaming industry, and the animation industry, as well as millions of Indian gamers and esports players. The Confederation of All India Traders (CAIT), which represents over 40,000 trade associations, is doing its best to fight back against the proposed bill, which they believe stretches too far.
“Unfortunately, the Kamataka Bill does not distinguish between a game of skill and a game of chance,” wrote CAIT Secretary General Praveen Khandelwal in a letter to Karnataka Chief Minister Basavaraj Bommai. “Game of chance is pure gambling and should rightfully be banned. However, by including games of skill in the ambit of the Bill, the proposal has not only gone against established jurisprudence but threatens the thriving Indian gaming start-up sector.”
CAIT also believes that the passing of this bill will end up encouraging illegal offshore gambling and betting apps that would operate in a grey market. Thousands of Indians have lost their life savings to these illegal casino apps.
The trade body recommended a “strong and stable regulatory mechanism for online skill games.” It also requested the Karnataka government to review the bill, keeping in mind the interests of Indian companies and developers.
(All information was provided by The Hindu)
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