The Regulatory Framework Being Laid Will Usher In A New Era For The Online Gaming Industry

By Author: lotusbook247.info
Total Articles: 45
Comment this article

The growth and popularity of the online gaming industry have attracted the attention of the government of India. The growing base of gamers and online players also creates opportunities for the players themselves. The interest in online games has led many operators to set up online platforms. There were also complaints that women players are facing some harassment issues of late while online.

The new proposed regulations aim to create a healthy environment for gamers and the online gaming industry. The first is that only those who have registered in India will be allowed to operate online games. It means that authorised sites and online platforms like lotusbook247 registration will continue to offer exciting and thrilling online gaming experiences to players. And those who do not have a base within the country will have to set up a base or have to wind up their business.

Second, the legal framework is being created to make online gaming safe for players. The online platforms are being asked to set up grievance mechanisms to deal with cases arising from large online ...
... gamer base. The company operating an online platform need to fix grievances within a time frame. Each operator will have a complaint redressal system.

Third, online operating platforms need to ensure that players who play with real money have access to money. The players can withdraw money whenever they feel the need to do so. And cash withdrawal after winning the game with a real money stake should be fast. Lotus 247 book already provides players with virtual account deposit facilities along with a fast withdrawal facility. This fact ensures that players have full access to winning amount without any issue. The 24x7 technical support throughout the duration of the online games help players to deal with any technical or gaming issue instantly.

Proposed regulations also ensure that the content creation has to be with Indian intellectual property rights. The survey done earlier also revealed that players prefer games and online sports that are designed for the Indian audience especially. In this regard, it will not be an exaggeration to say that lotus 247 book already has several games which are popular with Indian audiences. Cricket, teen pati, mathka, etc. are also games, in which most Indian have some knowledge or experience playing.

Thus, the overall discussion is being held to create a level playing field and make sure that both companies and players benefit a lot. The government of India also wants to ensure that the online industry lotusbook247 registration develops to its potential. The growth will create a lot of job opportunities and revenue for the government. The job opportunities will be in form of content creators, designers, entrepreneurs and career options for youngsters.
Another benefit will be in form of investments into the online industry. The fresh capital and talent will create new technologies, new games and enriched experience for players. The investment climate will also attract fresh talent from universities and college, thus ensuring win –win situation for both industry and its audience.

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.