Online gaming sector hails govt move to make IT ministry as nodal agency for regulations

The Federation of Indian Fantasy Sports hailed the Union authorities’s transfer to nominate the Ministry of Electronics and Information Technology (MeitY) because the nodal level for laws within the on-line gaming sector.

In its assembly right here on Friday, the FIFS, shaped in 2017 to create a thriving ecosystem for customers and operators of fantasy sports activities, stated it would assist the sector, which contributes extensively to the nation’s economic system.

The meet was attended by Goa transport minister Mauvin Godinho, FIFS chairman Bimal Julka, director common Joy Bhattacharjya, and heads of a number of on-line gaming companies.

Addressing the meet, Godinho stated Goa was eager on attracting investments from the net gaming sector because the state is one of the best place for innovation.

The meet deliberated on laws for the net gaming business within the Union Budget, the way forward for the Animation-Visual Effects-Gaming-Comics (AVGC) sector, and the appointment of MeitY because the nodal ministry for skill-based on-line video games, an FIFS launch stated.

Bhattacharjya stated the assembly offered a superb alternative for the business to return collectively and talk about necessary coverage modifications.

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