India likely to table Online Gaming Bill banning money-based games on Wednesday – sources

India is set to introduce the Online Gaming Bill in parliament on Wednesday that seeks to ban money-based games, according to two government sources.

The decision enjoys broad political backing, the sources said, adding that while there are concerns over job losses, policymakers believe the negative social consequences of real money gaming far outweigh them.

The draft Bill is expected to prohibit any person from offering online money games or related services in India. It will also bar advertisements and financial transactions connected to such games,…