The electronics and information technology ministry set up IMTF and its report includes recommendations from the Union ministries of home, sports and youth affairs, information and broadcasting, finance, law, and consumer affairs. The report cited inconsistencies in the state laws regarding online gambling while backing central legislation. (AFP)
An Interministerial Task Force (IMTF) set up to explore new regulations for online gaming has recommended central legislation to govern it, calling the Public Gambling Act of 1867, which currently covers it, incapable “of covering/defending/dealing” with digital-based activities and the emerging technologies associated with it.
The report cited inconsistencies in the state laws regarding online gambling while backing central legislation. It said an online gaming platform must not allow or facilitate transactions through unauthorised payment systems and encourage or facilitate any money laundering activities financing of terrorism activities or transactions in violation of the Foreign Exchange Management Act, etc.