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 >
AT&T Reports Strong Third-Quarter Financial Performance
AT&T Reports Strong Third-Quarter Financial Performance
Oct 22, 2025
Differentiated investment-led strategy continues to drive customer growth and advance AT&T's ( T ) converged connectivity leadership DALLAS, Oct. 22, 2025 /PRNewswire/ -- AT&T Inc. ( T ) reported strong third-quarter results that demonstrate continued customer demand for its nation-leading wireless and fiber offerings and position the Company to deliver on its full-year consolidated financial outlook. We have the...
Third Party Logistics Provider CPGIO Uses Descartes’ Ecommerce Inventory and Order Management Solution to Achieve 5x Growth
Third Party Logistics Provider CPGIO Uses Descartes’ Ecommerce Inventory and Order Management Solution to Achieve 5x Growth
Oct 22, 2025
ATLANTA, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group ( DSGX ) , the global leader in uniting logistics-intensive businesses in commerce, announced that Illinois-based CPGIO, an omnichannel, optimization and fulfillment partner for consumer packaged goods (CPG) companies, is fueling explosive ecommerce growth using Descartes’ inventory and order management solution to synchronize and simplify its multichannel distribution across more...
AI Assistants Emerging as a Rival to Traditional Apps for Everyday Tasks
AI Assistants Emerging as a Rival to Traditional Apps for Everyday Tasks
Oct 22, 2025
TELUS Digital survey shows 32% of consumers have replaced at least one app with an AI assistant in the past year VANCOUVER, British Columbia--(BUSINESS WIRE)-- According to a new survey from TELUS Digital , consumers are using AI assistants in place of traditional apps, with nearly one-third (32%) saying they have replaced at least one app with an AI...
AT&T tops subscriber estimates as bundled plans, iPhone promotions lift sales
AT&T tops subscriber estimates as bundled plans, iPhone promotions lift sales
Oct 22, 2025
Oct 22 (Reuters) - AT&T ( T ) added more wireless subscribers than expected in the third quarter on Wednesday, as bundled plans and heavy promotions around the latest iPhone launch helped it attract more customers in a fiercely competitive market. The quarter ended September is a critical period for U.S. wireless carriers, with competition peaking around Apple's ( AAPL...
Copyright 2023-2026 - www.financetom.com All Rights Reserved