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Though the panel considered only online skill pkv games, and not gambling, which is handled by states, it noted that many offshore betting and gambling websites that are illegal in India have become popular among Indian users.
The panel of Prime Minister Narendra Modi's top officials has for months been drafting regulations for the country's online gaming sector, where foreign investors such as Tiger Global and Sequoia Capital have backed gaming startups Dream11 and Mobile Premier League, hugely popular for fantasy cricket.
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Much of the crowd was made up of Parramatta fans eager to see the club end its long premiership drought, but their illusions were quickly shattered as Penrith piled on early points to go to half-time with an 18-0 lead.
To streamline the legal framework, the 108-page report says India needs a new federal online gaming law, which will provide regulatory flexibility "with punishment provisions, along with blocking powers, for the government against prohibited gaming formats".
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After receiving suggestions from India's revenue department, the government panel stated that online gaming companies should be required to report any "suspicious transactions" to the government's Financial Intelligence Unit.
NEW DELHI, Sept 15 (Reuters) - India should create a regulatory body to classify online games as based on skill or chance, introduce rules to block prohibited formats and take a stricter stance on gambling websites, a government panel said in a report seen by Reuters.
The Panthers won 28-12 to extend the Eels premiership drought which dates back to 1986, but the scoreline did not fully reflect Penrith's dominance as they wasted scoring chances and allowed two late Parramatta tries that did little but add a touch of respectability to the final margin.
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For online games such as fantasy cricket on Dream11, paid contests remain the popular attraction. Users can create their teams by paying as little as 14 rupees (17 U.S. cents), with a total prize pool of 7 million rupees ($88,000) up for grabs by winners.
31, the panel of government officials calls for creation of a new regulatory body under India's IT ministry to determine which online games qualify as games of skill, then "seek compliances and enforcement."
The Penrith Panthers sealed back-to-back NRL premierships with a thumping of Parramatta in Sunday night's grand final, as a green protester marred proceedings by tearing padding from the goalposts, and Jimmy Barnes led a pre-game concert that divided viewers.
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The report noted that state governments already find it "difficult to implement and monitor geo-fencing measures" to ensure that no user in their region is accessing an illegal forms of gambling or gaming.
A senior gaming industry executive said the recommendation that a regulatory body evaluate different formats of online games could raise entry barriers for new players and increase scrutiny of companies' current offerings.
A 2020 report by Indian trade group FICCI and consulting firm EY stated that of 65 billion Indian rupees ($817 million) garnered by online gaming industry the previous year, transaction-based gaming, including real-money, contributed 71%, or 46 billion rupees.
The three, along with former Trump attorney Rudy Guiliani, advised Trump to call a national emergency and seize voting machines, which they falsely claimed had been compromised. Their suggestions countered those of former White House officials who had little reason to doubt the election was conducted fairly, leading to a screaming match between the two groups.
