India's online gaming law bans real-money games and payment processing
India's Parliament passed the Promotion and Regulation of Online Gaming Bill on 19 August, and President Droupadi Murmu signed it into law three days later. It prohibits real-money gaming and related payment processing, with penalties of up to Rs21 crore and/or three years in prison; industry figures quoted in the source warned of job and tax-revenue losses and possible legal challenges.
The prohibition affects real-money gaming operators, payment providers and companies relying on the Indian market.