The past few months have seen developments in the field of gaming laws in India, involving both the judiciary and state governments.
Gaming licences in Sikkim
Pursuant to the Sikkim Online Gaming (Regulation) Act, 2008, the Sikkim government issued “go live” licences in relation to the following games: roulette, black jack, pontoon, punto banco, bingo, casino brag, poker, poker dice, baccarat, chemin de fer, backgammon, keno and super pan 9.
While the issuance of new gaming licences will generate revenue, an increase in licence fees may hamper potential revenue growth. The online gaming levy has been raised from 1% of the licensee’s gross gaming yield to 10% of gross gaming yield or ₹50 million (US$782,000) per year, whichever is greater.
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Vivek Vashi is the mainstay of the litigation team at Bharucha & Partners, where Krishnendu Sayta is an associate.
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