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 >
Noom Unveils New Diabetes Lifestyle Program and Predictive Glucose Forecasting to Tackle America’s Diabetes Crisis
Noom Unveils New Diabetes Lifestyle Program and Predictive Glucose Forecasting to Tackle America’s Diabetes Crisis
Nov 6, 2025
Image: Noom Diabetes Glucose Forecasting Tool PRINCETON, N.J., Nov. 06, 2025 (GLOBE NEWSWIRE) -- Noom, the leading platform for preventive health and longevity solutions, today introduced two new offerings to combat the growing diabetes crisis in the U.S.: a dedicated Diabetes Lifestyle Program for employers and health plans, and Glucose Forecasting available to both enterprise and consumer members. These powerful...
EG4 Electronics Partners with Molecule Systems to Deliver Intelligent Energy Management and Scalable Platform Control
EG4 Electronics Partners with Molecule Systems to Deliver Intelligent Energy Management and Scalable Platform Control
Nov 6, 2025
SULPHUR SPRINGS, Texas--(BUSINESS WIRE)-- EG4 Electronics, a leading innovator in residential and commercial energy storage solutions, announced a strategic partnership with Molecule Systems, a U.S.-based energy software company specializing in edge-based distributed energy resource (DER) orchestration, automated controls, and cloud services. The collaboration marks a major milestone in EG4’s evolution from a hardware manufacturer to a software-defined energy platform, providing...
AEye Expands Apollo Manufacturing Capacity to 60,000 Units, Bolstered by a Globally Recognized Institutional Investor
AEye Expands Apollo Manufacturing Capacity to 60,000 Units, Bolstered by a Globally Recognized Institutional Investor
Nov 6, 2025
PLEASANTON, Calif.--(BUSINESS WIRE)-- AEye, Inc. ( LIDR ) , the global pioneer in software-defined lidar and creator of the high-performance Apollo sensor, today announced a major acceleration of its growth strategy, driven by an expanded manufacturing engagement with LITEON Technology Corp. (TWSE: 2301) and a strategic capital infusion from a globally recognized institutional investor. These developments will supercharge AEye’s capital-light...
Skyworks Introduces New Programmable Bulk Acoustic Wave Clocks for 5G, 6G, and Data Center Applications
Skyworks Introduces New Programmable Bulk Acoustic Wave Clocks for 5G, 6G, and Data Center Applications
Nov 6, 2025
IRVINE, Calif., Nov. 06, 2025 (GLOBE NEWSWIRE) -- Skyworks Solutions, Inc. ( SWKS ) , an innovator of high-performance analog and mixed-signal semiconductors connecting people, places and things, today announced a new family of ultra-low jitter programmable clocks designed to meet the increasing demands of next-gen connectivity. The SKY63101/02/03 Jitter Attenuating Clocks and SKY69001/02/101 NetSync™ Clocks leverage Skyworks’ proven DSPLL®...
Copyright 2023-2026 - www.financetom.com All Rights Reserved