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Showing posts with the label SOCIAL ISSUES

ONLINE GAME AND BAN BY THE GOVT

ONLINE GAME AND BAN BY GOVT  ## Key Points from the Newspaper Article - **Headline:** OMG! Don’t Bet On Bans     - The article discusses the impact of government bans on online money games (OMG) and gambling in India. - **Overview of Online Gaming & Gambling:**   - Nearly one in five games worldwide is now an online money game.   - The industry is growing rapidly; India is a major market and a leader in the global expansion. - **Government Regulation:**   - The government is considering or implementing bans on online money games.   - The article argues that banning online money games won’t end gambling; it will only lead to changes in how and where it occurs. - **Market Scale:**   - Over 155 million Indians are logged into OMG platforms.   - Indians spend about 110 million play-hours daily.   - Dream11, a leading platform, claims 220 million subscribers—more than the total demat accounts in India. - **Financial Impac...