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 >
Global Space Cybersecurity Market to Reach USD 10.32 Billion by 2032, Growing at 10.24% CAGR, Says MarkNtel Advisors
Global Space Cybersecurity Market to Reach USD 10.32 Billion by 2032, Growing at 10.24% CAGR, Says MarkNtel Advisors
Mar 24, 2026
NEW DELHI, March 24, 2026 /PRNewswire/ -- According to the latest market research report published by MarkNtel Advisors, the Global Space Cybersecurity Market is projected to grow at a CAGR of around 10.24% during 2026–2032. The market expansion is primarily driven by the rising vulnerability of space-based assets to cyber threats, increasing reliance on satellite infrastructure for communication and defense operations,...
Minimus Launches Open Source Program, Bringing Hardened Images to Critical Infrastructure Projects
Minimus Launches Open Source Program, Bringing Hardened Images to Critical Infrastructure Projects
Mar 24, 2026
Applications for eligible projects open March 24, 2026 BATON ROUGE, La., March 24, 2026 /PRNewswire/ -- Minimus, the leader in hardened container images and secure container software, today announced the Minimus Open Source Program, an initiative to help open source maintainers strengthen the security and integrity of their software supply chains. Eligible projects will receive access to Minimus secure container...
Valutico Launches First Self-Auditing Virtual Data Room
Valutico Launches First Self-Auditing Virtual Data Room
Mar 24, 2026
VIENNA, March 24, 2026 /PRNewswire/ -- Valuation leader moves into deal management with AI that spots issues early, helps protect deal value, and speeds up closing. Valutico, a leading provider of valuation and deal management technology, today announced the launch of the Valutico Active VDR. The platform moves the Virtual Data Room category from passive document storage to active deal...
Global Email Security Market to Reach USD 16.19 Billion by 2032 Amid Growing Adoption of Cloud-Based Security Solutions, Reports MarkNtel Advisors
Global Email Security Market to Reach USD 16.19 Billion by 2032 Amid Growing Adoption of Cloud-Based Security Solutions, Reports MarkNtel Advisors
Mar 24, 2026
NEW DELHI, March 24, 2026 /PRNewswire/ -- According to the in-depth study published by MarkNtel Advisors, the Global Email Security Market is projected to grow at a CAGR of around 12.23% during 2026–2032. The market growth is primarily driven by the rising frequency and sophistication of cyber threats such as phishing, ransomware, and business email compromise (BEC) attacks. Additionally, the increasing...
Copyright 2023-2026 - www.financetom.com All Rights Reserved