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 >
AI/R’s WEBJUMP Launches Dynamic Digital Storefront (DDS), Enhancing Personalization Capabilities on Adobe Experience Cloud
AI/R’s WEBJUMP Launches Dynamic Digital Storefront (DDS), Enhancing Personalization Capabilities on Adobe Experience Cloud
Sep 10, 2025
SAN FRANCISCO, Sept. 10, 2025 (GLOBE NEWSWIRE) -- AI/R Company subsidiary WEBJUMP, a leader in e-commerce and digital experience solutions, announces the launch of the Dynamic Digital Storefront (DDS), a powerful new solution designed to turn online stores into high-performance conversion engines through real-time personalization and continuous optimization. Built on native integration with Adobe Commerce Cloud, Adobe Target, and Adobe...
Mike Walsh Appointed as Chief Executive Officer at DKBinnovative
Mike Walsh Appointed as Chief Executive Officer at DKBinnovative
Sep 10, 2025
FRISCO, Texas, Sept. 10, 2025 /PRNewswire/ -- DKBinnovative, a leader in managed IT services and cybersecurity solutions, proudly announces the appointment of Mike Walsh as its new Chief Executive Officer. Mike, who has served in multiple leadership roles over the past seven years at DKBinnovative, including Chief Operating Officer and Vice President of IT Operations, brings a deep legacy of...
Satlink Partners with Rivada for Next Generation Defense Connectivity
Satlink Partners with Rivada for Next Generation Defense Connectivity
Sep 10, 2025
Unique LEO Satellite Network is Key for Aero, Maritime and Land Communications Unique global data constellation using satellite-to-satellite laser linksUltra-secure and low latency networkCombining the speed of fibre with the reach of satelliteTelecom, Enterprise, Maritime, Energy and Government Services marketsMUNICH, Sept. 10, 2025 /PRNewswire/ -- Satlink, a Spanish technology company specializing in satellite telecommunications, is partnering with Rivada Space Networks to...
UPMC Enterprises invests in vision startup [Pittsburgh Post-Gazette]
UPMC Enterprises invests in vision startup [Pittsburgh Post-Gazette]
Sep 10, 2025
Sep. 10—UPMC Enterprises is investing in a New York company that uses artificial intelligence and robotic retinal imaging in the early detection of eye and other diseases. Optain Health, a health care technology company, on Wednesday announced the closing of an oversubscribed $26 million Series A fundraising round, which was led by global software investor Insight Partners with participation from...
Copyright 2023-2026 - www.financetom.com All Rights Reserved