Online Gaming Rules 2026: Banks, financial institutions to face penalties and must block payments to real-money games
Mint·2h ago·Neutral
What Happened
India's new Online Gaming Rules 2026 mandate banks and financial institutions to block payments for real-money games upon regulatory direction. Key features include age verification, parental controls, time limits, and counselling support. Regulators gain enforcement power to halt non-compliant platforms' transactions. Service providers must disclose safety measures. Appeal period set at 30 days.
Key Entities
Online Gaming Rules 2026Ministry of Electronics and Information Technology (MeitY)Banks and Financial InstitutionsReal-Money GamingS. Krishnan