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Tamil Nadu All Set To Ban Online Gaming Sites With A Stake

The online gaming industry may be in for a rude shock as the Tamil Nadu government seems bent on banning any site offering online gaming with a stake. By stake it means money you pay to place a bet. The government, worried over reports of suicides due to debt problems of some addicted gamers, had appointed a committee headed by retired Justice Chandru of the Madras High Court to recommend what action to take.  The committee which submitted its report to Chief Minister MK Stalin on June 27, recommended that the government enforce a ban of not only gaming sites but also the advertisements that promote it which are often seen during the cricket telecasts. The problem is that a blanket ban will not care to distinguish between the legitimate e-gaming sites and the gambling sites, including many offshore sites that are operating freely in the internet environment as it exists. The three largest online skill games associations are already concerned over reports suggesting that the GST rates on online skill games are to go up from 18 % to 28 %. Banning by one state could be emulated by other states. Karnataka had been contemplating action on online gambling in which several sites are claiming revenues in excess of Rs 1,000 crore per annum.