India, Aug. 21 -- Opinion Trading platform Probo announced on Thursday that it has decided to discontinue its real-money gaming (RMG) operations immediately.

The company's decision comes as the Rajya Sabha passed the Promotion and Regulation of Online Gaming Bill, which bans all forms of online money games while promoting eSports and online social gaming. The bill was earlier passed in the Lok Sabha.

"As unfortunate as it is, we respect the government of India's latest Online Gaming bill. In light of this development, Probo has decided to discontinue its real-money gaming (RMG) operations with immediate effect until further notice," Probo said in a statement.

"We remain steadfast in our vision to innovate and build information markets ...