With the Indian government tightening regulations around online gaming and betting, many local platforms face stricter rules. However, offshore betting sites and crypto casinos are becoming popular among Indian players. Do you think these platforms are filling a gap, or are they adding more legal and financial risks for users?
I believe it's important to understand how this recently passed law works. For example, from what I read, it said it prohibited people from using casinos or gambling sites that charged money to play. I don't know if I'm making a mistake in my interpretation of the recently passed law. But if I'm right, then we need to understand what the Indian government means by money—whether it's talking about local fiat or also including dollars and cryptocurrencies.
Because if it's not including cryptocurrencies, then people could play at crypto casinos without breaking the law. That's why it's very important for people to consult lawyers and legal experts before using casinos, to avoid problems with the Indian government. Some governments are very harsh when they catch someone breaking the law. Imagine being imprisoned for three years and still having to pay a fine. That's not a good thing, and that was the penalty the Indian government chose for violators of this new law.