Regulating Online and Fantasy Gaming
Many of you in different circles have been regularly raising raised issues related to Online Gaming and Fantasy Gaming. Basis some of your recent inputs in the survey and qualitative inputs, it appears that majority of you believe that such games should be a source of entertainment rather than livelihood and a limit should be placed on loss incurred in a game. Some of you at the same time are in favour of a ban on such games while some others have raised the issue of parity between offline and online which means that Government should also permit physical gaming parlours on the ground. As we escalate the key findings to the stakeholders, we seek your inputs one more time in case you missed to share the same in the last 6 months.
We look forward to your inputs! more
We look forward to your inputs! more
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Excellent work by Localcircles in getting govt activated on online gaming. They are getting big GST notices. This gaming with money needs to be shut in India more
Sep 28
I am in favour of complete banning of this game business. People spend sleepless nights for nothing and lose money. I have never come across any person wining in these games. The Govt should ban these games. more
Nov 22
Gaming should be without any financial component. People lose lot of money and commit suicide. Adolescents steal money from their parents and lose it in gaming sites. The decision should be simple and clear cut. No gaming if money is involved. On 21-Nov-2022 12:25 pm, LocalCircles Manager wrote: more
Nov 22
It needs to be regulated since gullible investors can easily fall prey with high returns etc like lot of ponzi schemes.big investors do not investors it is only the small people who get caught .Ideally my personal view is govt should ban all these kind of games which are more like gambling and hard earned money they will lose more
Nov 21
People are intelligent enough to decide on their own and need not depend on the Government for everything. Weather income from work or from gambling, it should always be taxable. Loss from gambling should not be permitted for write off under any circumstances. Let people gamble if they want to but have to pay tax on whatever money they make. more
Nov 21
