India, Jan. 26 -- The online gaming industry in India is witnessing an unprecedented boom driven by advancements in technology, affordable internet access, and the increasing popularity of real-money gaming. To give a perspective, in FY24, the Indian real money gaming industry contributed $ 2.4 Bn to the online gaming market.

However, the regulatory landscape governing this booming industry remains fragmented, inconsistent and outdated, posing significant hurdles to its sustainable growth. This has resulted in the debate as to whether the online gaming industry ought to have a unified central legislation as opposed to state-wise legislation.

In order to answer this question it is necessary to first unwrap the evolution of the gaming leg...