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Online Gaming Companies Cannot Advertise On Outdoor Media Platforms
It has become clear that using skills and expertise to play games of skill is the best method to earn big rewards that certified online gaming providers such as sky exchange offer to gamers. These games and monetary awards are within the rules and regulations formulated for online gaming companies. The courts of law of several states of the union have also provided legal sanctity to these games. Even games of chance are also within the legal structure, as online gaming companies are paying taxes on them.
Several unauthorized online gaming companies are facing the stringent action from the authorities. The authorities found that despite warnings, some online gaming companies are putting ads for wagering and betting through outdoor media outlets.
On the other hand, authorized online gaming platforms including sky exchange 247 Live can offer games of chance and skill-based games to gamers without any restrictions. These games are going to come under the provisions of goods and services tax. The announcement is likely to come out in the next few days or by the first ...
... week of June 2023. If this happens, then games of chance will come within the legal framework.
Fortunately, the authorized and certified companies offering online gaming services are not part of the banning order. The Ministry of Information and Broadcasting issued a letter to all chief secretaries of states of the union to impose a ban on outdoor advertisements by some illegal online gaming companies. The ads promoting gambling and betting are put up through hoardings, banners, auto branding or simply by sending pamphlets through newspapers.
Earlier these companies were using mainstream media channels like television ads, print media, and digital and electronic media sources. The government of the country has made it clear when it notified the rules for the online gaming industry that wagering and betting of any kind will never be permitted. And any company that promotes or deviates from the legal path will be banned.
Gambling and betting pose financial and socio-economic risk to people. Certain sections of society are vulnerable to the adverse impacts of gambling and betting. It has been observed in past also that people lose their incomes and some sell assets to recover the money lost through such practices.
Gamers who want to play games of chance or fantasy E-sports could visit platforms that conform to all rules and regulations regarding the online gaming industry in the country. there are many such platforms .one such platform sky exchange offers casino entertainment, board games, poker, and opportunities to create dream teams from real players who are currently part of the Indian premier league. Poker is also considered a game of skill in many countries.
The best way to remain safe and secure in the online gaming world is to master a gamer of skill. And visit authorized platforms like skyexchange247 live and through experience create winning opportunities. The chances of winning will continue to increase with the passage of time in accordance with skills and expertise.
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