16+ CR GTD
Ewar Games - Rummy
Gully Rummy - Lead
TORF’s Sameer Barde Urges Government To Issue licenses To Online Rummy Operators Rummy

TORF’s Sameer Barde Urges Government To Issue licenses To Online Rummy Operators

by Manthra Koliyer Posted on 17 Apr, 2021

Sameer Barde, CEO of The Online Rummy Federation (TORF) urged the government that online rummy and gaming platforms in India should be issued licenses. He said that this should be done mainly to avoid defaulters and also ensure that the industry becomes more accountable.

Barde further added, “There is also a need to have a licensing body which will put down processes for companies to obtain license to run an online rummy platform which will weed out non-eligible players right at the beginning.” Barde’s remark comes during a time when the Karnataka High Court directed the state government to decide on a representation as the state seeks a ban on all forms of online betting. He further added that a state commission should be set-up to regulate the rummy industry.

ALSO READ: Try Out These RUMMY HACKS Now And Thank Us Later

TORF CEO also emphasized that there needs to be a gaming commission. He further added that the gaming commission should have representations from the law, industry, IT, Home, and I&B ministers along with civil society. Barde urged that there are several such models being followed across the globe but the one that suits perfectly to India must be devised.

The online rummy industry is estimated to be valued at an INR 4,000 Crore in value and is growing at a compounded annual growth rate (CAGR) of 30%. Banning rummy platforms is not a solution, said Barde. He further added, “The rate of gambling is higher in states where online rummy is banned. This eventually leads to misleading and unaccountable platforms. “

To add to this, Shivanandan Pare, CEO, Gaussian Network also stated that there is a need for a regulatory authority. He mentioned “Rummy is considered to be India’s family card game and is played across the world by Indians. We believe that it is very important to have a regulatory body as it will ensure that there is clarity for stakeholders and players too. The regulation will also help the sector to prosper and attract investments and create immense economic value.”

For more such articles, keep reading GutshotMagazine.com. Follow us on our social handles Facebook, Instagram, and Telegram.

Spartan Rummy banner





More News

Did You Know THESE Rummy Terms?
Rummy
30 Mar,2021 

Did You Know THESE Rummy Terms?

Re-Join An Ongoing Rummy Match Even After Being Eliminated!
Rummy
15 Mar,2021 

Can You Make A Career Out Of Rummy?

Did You Know These Celebrities Love Playing Rummy?
Rummy
11 Feb,2021 

Did You Know These Celebrities Love Playing Rummy?


Comments

Your email address will not be published. Required fields are marked *

Dangal box

Top 10 Rummy Rooms

Want to share your thoughts about poker?

Then click the button to submit your article.