financetom
Technology
financetom
/
Technology
/
Rajeev Chandrasekhar says wagering barred in all forms, be it game of skill or chance
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Rajeev Chandrasekhar says wagering barred in all forms, be it game of skill or chance
Apr 13, 2023 10:49 AM

Union Minister Rajeev Chandrasekhar on Thursday stated in a tweet that online gaming rules do not need to get into the nuances of chance or skills, as wagering is prohibited in all forms of games, regardless of their nature.

He clarified that wager is a well-defined expression in contract law, and its meaning has been clearly established by judicial decisions. Thus, there is no need to consider the nuances of chance or skill, as the harm of wagering is directly prohibited.

The government has recently notified norms to regulate the online gaming sector, prohibiting real money games involving wagering or betting.

The #ITRules for OnlineGaming hv been developed after extensive consultation , are quite clear n deal wth every aspect.This framework liberates startups from multiple conflicting state laws, court decisions etc n establishes clarity n growth.Im responding to this edit in… pic.twitter.com/rHRiLCrL7x

— Rajeev Chandrasekhar

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
SuperX Launches First U.S. AI Inference Cloud Hub, Strengthening North American AI Service Capabilities
SuperX Launches First U.S. AI Inference Cloud Hub, Strengthening North American AI Service Capabilities
Jun 4, 2026
Strong Pre-Launch Customer Demand Highlights Growing Need for AI Inference Services DENVER, June 4, 2026 /PRNewswire/ -- SuperX AI Technology Limited ( SUPX ) (SuperX or the Company), a full-stack AI infrastructure solutions provider, today announced the launch of its first U.S. AI Inference Cloud Hub (the Denver Hub) in Denver, Colorado, marking the Company's first operational cloud deployment in...
Pinterest signs $4 billion Amazon deal for cloud services
Pinterest signs $4 billion Amazon deal for cloud services
Jun 4, 2026
June 4 (Reuters) - Pinterest ( PINS ) said on Thursday it would pay Amazon Web Services $4 billion for using its cloud services through 2031. (Reporting by Jaspreet Singh in Bengaluru) ...
Boxlight Brings Symphony to Every Space With the New Symphonic Series
Boxlight Brings Symphony to Every Space With the New Symphonic Series
Jun 4, 2026
Solo, Tempo, and Vista combine premium audio, intercom, synchronized clocks, visual messaging, and emergency communication into a single intelligent endpoint platform DULUTH, Ga.--(BUSINESS WIRE)-- Boxlight Corporation ( BOXL ) , a leading provider of educational technology and campus communication solutions, today announced the launch of the Boxlight Symphonic Series — a new family of intelligent IP communication endpoints designed...
Amplify Expands Multi-Custodial Integration with Wealthbox CRM
Amplify Expands Multi-Custodial Integration with Wealthbox CRM
Jun 4, 2026
API-first architecture allows Wealthbox client data to flow from onboarding through multi-custodial account opening, investment management and reporting within the Amplify platform SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Amplify Technology, LLC (Amplify), the AI-native RIA operating platform built on data lake architecture, today announced a new integration with Wealthbox CRM, one of the most widely used CRM platforms in the independent advisory...
Copyright 2023-2026 - www.financetom.com All Rights Reserved