Nurturing Environment Can Help India Become A Hub Of Online Games And Sports

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Massive digital transformation is also coming into the world of games and sports. All games that were earlier played in mortal and brick buildings are now coming online. The casino is today not for those who can afford it, but for anyone who has an internet connection and enough data. The digital version of all major domestic and global sports are into met averse. Authorized and legal platforms like lotus book 247 are gaining popularity due to their smooth operations and access to passionate online game lovers.

At the same time, there is a massive investment by the leading companies in the technology, software, and creation of games. There is a race to create a market for new online games and dominate the online world for sports. All this has naturally generated interest among youths. Young men and women want to create online games. They want to play as professionals. Many are seriously considering making online gaming their career.

All this needs supportive regulatory framework and taxation policies to grow and prosper. Why there is a need for such an environment? ...
... Let us consider this simple practice that is prevalent today.

All physical games and sports are considered legal and socially desirable. On the other hand, when these games are created online for the masses to play, the issue of gambling comes. This simple definition is disastrous and not supportive of making the country a hub of online games. The clear definition of online games, skilled-based games and sports, will help entrepreneurs, passionate sports lovers and the general public in many ways.

The government should recognize that all games and sports that are online require some sort of skill. The skill on lotus book 247 registrations gained through experience and involvement. As for as chance is concerned, it is involved in every activity of human beings. Even physical sports like football, cricket, hockey and many others involve chance. Both skill and luck make a sport highly competitive, thrilling and exciting.

The supportive legal and taxation framework will encourage new investments. It will also lead to job creation from the level of top game designers to developers to content creators and players. A new field of opportunity will emerge for the youths of the country with >a href="https://www.lotusbook247.info/">lotus book 247 registration, that will be both rewarding and productive. The first step towards this direction will be treating all games and sports that involve even a low degree of skill, as a skill-based game.

The government can tax the income earned above a limit by online players. That income, if it comes under the tax bracket, should be taxed. It will be legitimate to both players and online sites lotus book 247 registration, offering such games and casino online. It will also increase another revenue stream for the government. A healthy environment will further encourage entrepreneurs to invest in technology, content creation and development.

Another strong argument is that if stock operations and investment in stock are legal than online gaming should also be a legitimate way to earn money. Stock investment, especially for short-term investors is also a game of chance. All online games need is positive government action.

Lotusbook247.info is a genuine and legal betting platform conforming to all regulations of the land. The site offers betting on cricket, football, tennis players and teams plus live casino action. The players just need to login with WhatsApp number and get an id from the lotusbook247.info. This id enables the player to bet with real money on favourite sports and games.