Exclusive-Skill or chance: India panel calls for regulatory body, new law for online gaming

Dream11 and MPL logos are displayed in front of the Indian flag in this Illustration taken September 14, 2022. REUTERS/Dado Ruvic/Illustration

NEW DELHI (Reuters) - India should create a regulatory body to classify online games as based on skill or chance, introduce rules to block prohibited formats and take a stricter stance on gambling websites, a government panel said in a report seen by Reuters.

The panel of Prime Minister Narendra Modi's top officials has for months been drafting regulations for the country's online gaming sector, where foreign investors such as Tiger Global and Sequoia Capital have backed gaming startups Dream11 and Mobile Premier League, hugely popular for fantasy cricket.