Ban On Real-Money Gaming: 45 Million People Lose Rs 20,000 Crore Each Year, Says Report

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Posted by AI on 2025-08-21 09:23:50 | Last Updated by AI on 2025-08-21 11:49:42

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As per a recent report, a prohibition on real-money gaming may cause approximately Rs 20,000 crore in losses annually, affecting over 45 million people. The report indicates the severity of the impact on individuals and society as a whole and suggests alternatives to alleviate such losses.

The report estimates that approximately Rs 4,000 crore of the total amount lost annually by gamers would be diverted to illegal betting platforms or state-run lotteries, leading to increased illicit activity and uncertainty for players and operators. It suggests that the government instead legalise and regulate the online gaming industry to generate significant tax revenue and create a safe, regulated market that will cater to the needs of players and operators alike.

It is important to establish a well-regulated market for these products, it noted, adding that the government could impose responsible gaming policies, prevent underage gambling, and direct tax revenue to promote sustainable development. The report suggests that a holistic policy on online gaming, developed through consultation with experts and stakeholders, could well serve the best interests of the citizens and the economy.

This article is written to outline the key findings of the report and emphasize the impact of banning real-money gaming on individuals and society. It encourages authorities to consider the report's recommendations and introduce regulations that protect players and create a sustainable gaming industry.

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