Kartik Srinivas (name changed) still flinches at the mention of online betting. What began as a thrill to earn a quick buck spiraled into a five-year addiction that cost the 26-year-old his savings, peace of mind, and nearly his future...
Days ago, India passed a bill to outlaw these games, arguing they had become increasingly addictive. The law imposes hefty penalties on those involved in offering such services, while users are treated as victims. However, experts warn that such immediate action may not effectively address the underlying issues of gambling addiction, leading to further exploitation through illegal avenues.
The Indian gaming industry, which once thrived, is now facing massive setbacks as companies like Dream11 and My11Circle shut down their operations. Critics of the ban argue that it fails to differentiate between 'games of skill' and 'games of chance', endangering a sector that contributed significantly to the economy and employment.
The Government has asserted that the ban is in the public interest, claiming millions of Indians have suffered due to gambling. Nonetheless, many argue that more education about responsible betting would have served better than an outright prohibition.
The story of Kartik and others reflects the complexities of gambling and the industry's future as it grapples with legislative changes.
Days ago, India passed a bill to outlaw these games, arguing they had become increasingly addictive. The law imposes hefty penalties on those involved in offering such services, while users are treated as victims. However, experts warn that such immediate action may not effectively address the underlying issues of gambling addiction, leading to further exploitation through illegal avenues.
The Indian gaming industry, which once thrived, is now facing massive setbacks as companies like Dream11 and My11Circle shut down their operations. Critics of the ban argue that it fails to differentiate between 'games of skill' and 'games of chance', endangering a sector that contributed significantly to the economy and employment.
The Government has asserted that the ban is in the public interest, claiming millions of Indians have suffered due to gambling. Nonetheless, many argue that more education about responsible betting would have served better than an outright prohibition.
The story of Kartik and others reflects the complexities of gambling and the industry's future as it grapples with legislative changes.
