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AIGF CEO On Government Media Advisory For Online Betting Gambling
Mrinal Gujare
Posted on 14 Jun, 2022
By Mrinal Gujare
On 14 Jun, 2022
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By Mrinal Gujare
On 14 Jun, 2022
Share

AIGF CEO On Government Media Advisory For Online Betting


Online betting is a booming industry internationally but when it comes to India, this space falls into a grey area. In India, online betting is fast catching steam but when it comes to regulations, this industry is lagging behind. It is for this reason that a body like All India Gaming Federation (AIGF) led by Roland Landers is fighting to get this industry under well defined rules and regulations.

Landers commented about the latest advisory issued by the Ministry of Information & Broadcasting. He said, “We are delighted to see our persistent efforts against offshore gambling platforms come to fruition and would like to thank the Ministry of Information & Broadcasting for initiating this step.

In the last seven years, the All India Gaming Federation the apex industry body for the sunrise online gaming sector has been solely working towards creating awareness regarding the issue and pointing out that several offshore gambling websites are openly and brazenly advertising online gambling through TV Channels, internet, social media, hoardings and other digital media platforms.

ALSO READ: 5G Can Give The Indian Gaming Industry A Huge Boost: Roland Landers

Furthermore, AIGF has been continuously engaging with various government stakeholders to educate them about the ills of illegal gambling and perils of allowing foreign gambling websites to continue unabated while urging for a regulatory framework for online skill gaming in India to realize Honourable PMO’s vision of an Aatmanirbhar Bharat.”

Talking about the illegal online gambling websites Lander said, “These offshore online gambling websites are not registered under the Central Goods and Services Tax Act, 2017 and do not pay applicable direct and indirect taxes that is required to be paid under Indian law even by companies that do not have their registered office in India and are based outside the country. This blatant tax evasion by the gambling websites is resulting in loss of revenue of thousands of crores per annum to the government exchequer.

Besides the threat to the economic stability of India, there are many instances where such websites indulge in obvious fraud and manipulation of their games and numerous complaints have been received wherein such websites take deposits from gullible players but refuse to give them any option of withdraw of their winnings or balances under various pretexts. Thus, AIGF urges the Indian media platforms to adopt a robust mechanism and apply a stricter evaluation process when onboarding advertisements from such offshore gambling platforms.”

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