The Karnataka government has passed the amendment to the Karnataka Police Act which could see the state ban online chess, fantasy sports, poker, bridge. While there is a lot of confusion on what all will and will not be allowed, the chief minister said that people would be punished if they run games of chance camouflaged as games of skill. Investors are running helter-skelter as uncertainty prevails. What happens to all consumers, gaming Startups & money invested? ON StartUp Central Nayantara Rai decodes the impact of this new law on India’s e-gaming industry with Roland Landers, CEO, All India Gaming Federation & Vaibhav Kakkar, Partner, Saraf and Partners.
CREDIT: This article first appeared at TheHindu.com