According to report by Reuters, the Indian government plans to regulate all online games involving real money, and efforts are currently underway to get it done. This is after the prime minister, Narendra Modi, overruled a proposal only to regulate games of skill and leave out games of chance, preferring a broader oversight.

The planned regulations will undoubtedly play a crucial role in shaping the future of India's burgeoning online gaming industry, which is projected to reap $7 billion by 2026. Moreover, these will help the government earn a massive chunk of change while addressing gambling-related issues.

If you're an avid gamer or a regular at some of the top online casinos in India, what does this entail? Will this affect your access to your favorite games and casinos?

Will this affect online games?

Games of skill vs. games of chance

There's also the issue of defining games. Generally, gambling is banned in India, so experiences like slot machines and roulette are banned. Poker and rummy aren't covered because they are considered "skill-based" games. There is a distinct lack of legal clarity in classifying these; in some cases, there were even contrasting decisions in state courts. On a positive note, the regulations may finally decide on the status of these games to eliminate all uncertainty.

Government panel's suggested rules and recommendations

How will this affect the Indian online gaming scene in the long run?