Real Money Out, Esports In: Online Gaming Bill Clears Lok Sabha

FutureTech Media DeskUpdated on: Aug 20, 2025 | 07:35 pm IST The Indian Parliament has taken a decisive step in reshaping the nation’s digital entertainment economy. On Wednesday, the Lok Sabha passed the Promotion and Regulation of Online Gaming Bill, 2025, which bans all real money online games while formally recognising esports as a legitimate sport in India. The bill, which now awaits approval in the Rajya Sabha, will have a sweeping impact on India’s $3.8-billion gaming industry—an ecosystem that has attracted global investors and produced popular platforms like Dream11,…

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International Federation of ESports (IFES) Launches to Shape the Future of Global Esports

New Delhi | 30-12-2023 | Updated IST 19:25 PM IFES, the newly launched International Federation of ESports, is set to become the official global governing body for all esports affairs, shaping the future of the esports landscape. The federation’s mission includes fostering critical skills in children through innovative initiatives, such as hackathons and online gaming, to cultivate problem-solving, creativity, and strategic thinking in the younger generation. IFES is on a mission to develop esports infrastructure, operate academies, and offer top-tier education, emphasizing the celebration of the universality of global esports…

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