Overview

• MeitY instructed banks and fintechs to process legitimate transactions for gaming firms, including user refunds, vendor payments and tax filings.
• IT Minister Ashwini Vaishnaw met industry representatives to review compliance, secure user funds and discuss an e-sports development roadmap.
• The Promotion and Regulation of Online Gaming Act, 2025 has presidential assent but is not yet in force pending formal notification, which officials said will come soon.
• Major operators have shut real-money formats and started pivoting to free-to-play models in line with the new law.
• The Karnataka High Court has sought the Union government’s response by September 8 to A23’s petition challenging the ban.