CURRENT AFFAIRS

Detailed explanation-1: -The Tamil Nadu Prohibition of Online Gambling and Regulation of Online Games Bill, 2022, replaces an ordinance approved by the state cabinet on September 26 and promulgated on October 1, by Governor R N Ravi.

Detailed explanation-2: -Rajasthan: The Rajasthan High Court has recognized fantasy sport as a game of skill and in lieu of the same, in May 2022, the State of Rajasthan published a draft of Rajasthan Virtual Online Sports (Regulation) Bill proposing a licensing regime to regulate pay-to-participate formats of fantasy sports.

Detailed explanation-3: -State governments in Assam, Meghalaya, Nagaland and Tamil Nadu, among others, were active in regulating gaming. A law commission report of 2018 on online betting and gambling also specifically mentioned that gaming (including online gaming) will remain with the states to regulate.

Detailed explanation-4: -Online games will have to register with a self-regulatory body, and only games cleared by the body will be allowed to legally operate in India. Online gaming companies will not be allowed to engage in betting on the outcome of games, the proposed rules say.

Detailed explanation-5: -A self-regulatory body: Online games would be required to register with a self-regulatory body, and only games approved by the authority will be permitted to function lawfully in India. MeitY can recognise and derecognise all self-regulated bodies.