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 >
Roland DGA Announces North American Launch of VersaOBJECT LO-640-F3 UV Flatbed Printer
Roland DGA Announces North American Launch of VersaOBJECT LO-640-F3 UV Flatbed Printer
Apr 2, 2026
Newest Addition to Roland DG's VersaOBJECT Series Allows for Faster Direct-to-Object Decoration IRVINE, Calif., April 2, 2026 /PRNewswire/ -- Roland DGA, a leading provider of wide-format inkjet printers, printer/cutters, and other innovative digital devices, has announced the North American launch of the Roland DG VersaOBJECT™ LO-640-F3 – an innovative 64-inch UV flatbed printer designed for high-volume, high-precision direct printing on...
AI Needs Memory—This New DRAM ETF Is All In On Micron, Samsung And Sandisk
AI Needs Memory—This New DRAM ETF Is All In On Micron, Samsung And Sandisk
Apr 2, 2026
Roundhill Investments has rolled out the Roundhill Memory ETF , a new thematic fund designed to capture growing investor interest in the semiconductor memory segment powering artificial intelligence (AI) infrastructure. The ETF focuses specifically on companies producing DRAM, high-bandwidth memory (HBM), NAND flash, and solid-state storage—components increasingly seen as bottlenecks in scaling AI workloads. The launch comes as memory chips...
DeFi Development Corp. to Host X Spaces Event: “DFDV March 2026 Recap & AMA + FY 2025 Earnings Breakdown”
DeFi Development Corp. to Host X Spaces Event: “DFDV March 2026 Recap & AMA + FY 2025 Earnings Breakdown”
Apr 2, 2026
BOCA RATON, FL, April 02, 2026 (GLOBE NEWSWIRE) -- DeFi Development Corp. ( DFDV ) , the first U.S. public company with a treasury strategy built around accumulating and compounding Solana (SOL), today announced it will host a live X Spaces event on Monday, April 6, 2026, at 1:00 PM ET. The event will provide shareholders, analysts, and the broader...
TerraClear Appoints Eric Rombokas as Director of Robotics and Hardware
TerraClear Appoints Eric Rombokas as Director of Robotics and Hardware
Apr 2, 2026
ISSAQUAH, Wash., April 1, 2026 /PRNewswire/ -- TerraClear is excited to announce that Eric Rombokas has joined the leadership team as Director of Robotics and Hardware. With over 15 years of experience developing autonomous systems for complex, unstructured environments, Eric will spearhead the evolution of TerraClear's robotics and autonomy platforms as the company expands into large-acre row crops. TerraClear Appoints Eric...
Copyright 2023-2026 - www.financetom.com All Rights Reserved