New Delhi, Sept. 18 -- The new rules governing online gaming are set to come into effect from October 1, Union Information and Technology Minister Ashwini Vaishnaw said on Thursday.

"We have had multiple discussions with them (online gaming companies and stakeholders)... and after passing the law, once again, we engaged with them," Vaishnaw said, adding that the government has also consulted banks and other stakeholders.

He emphasised that the government's approach remains "very consultative" and that another round of discussions with the industry will be held before implementation.

"We engaged with practically every stakeholder possible in this, and we have finalised the rules. The rules will be promulgated with effect from the first ...