Overview

• Delhi High Court directed the Union government to constitute an authority and frame rules, and the Solicitor General said notification is in contemplation with the authority to follow.
• MeitY told banks and fintechs to process legitimate transactions for gaming firms, including customer refunds, vendor payments and tax filings, and asked companies to enable easy user withdrawals.
• IT minister Ashwini Vaishnaw met 25–30 gaming stakeholders to discuss an orderly transition, user money protection and the push for e-sports and social games, with firms reporting initial compliance steps.
• Major platforms have suspended real-money offerings and are pivoting to free-to-play formats, and MeitY’s top bureaucrat signalled the law would be notified soon.
• Legal challenges are underway, including a Delhi HC case by Bagheera Carrom and a Karnataka HC petition by A23’s parent on which the Centre’s response is due by September 8.