Three online gaming industry agencies jointly publish ethical guidelines aimed at enforcing consistent user safety standards across the industry. |Picture source: Getty Images/Istockphoto
Industry agencies representing online real currency gaming companies – All India Game Federation (AIGF), Indian Fantasy Sports Federation (FIFS) and Electronic Game Federation (EGF) (EGF) – have signed a “code of ethics” that their member companies will adopt to promote Kyc Verfie, including Kyc Verfiific, Continuing Statement, etc. On March 10 (March 10), they will adopt these codes to promote kyc verification and responsible gaming practices.
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Members of these gaming industry organizations include Dream11, My11Circle, Khelo Fantasy Live, SG11 Fantasy, Winzo, Games24x7, Junglee Games, and more.
“COE aims to implement user safety standards across the industry by implementing responsible gaming and advertising policies and requires annual third-party audits and comprehensive reporting mechanisms to ensure accountability and transparency,” the statement said.
The statement claims that COE was created based on global best practices and sets a strong framework for responsible gaming, such as age group, adopting strict KYC and enabling user-set spending restrictions and self-deprived.
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The statement said it will apply to all online game operators who are federal members and provide skill-based real estate gaming services in India and protect the interests of over 500 million Indian gamers. ”
The Ministry of Electronics has not implemented the online game rules released in April 2023.
Tamil Nadu earlier banned real currency games (RMG), but in February, strict rules were issued to regulate these platforms, including those who ban minors from playing on these platforms, spending restrictions, blank hours from 12:00 to 5:00 a.m., and login in the game should be allowed.
The COE signed by the gaming industry organization includes age channels, no operations in restricted states, and a powerful KYC mechanism to protect data, appropriately manage player funds, and ensure the integrity and fairness of gameplay.
“Through collaboration with other industry federations, we set new benchmarks for ethical gaming, strengthen the credibility of the Indian online gaming sector and build a sustainable, global competition ecosystem,” said Roland Landers, CEO of All India Games Federation (AIGF).
Anuraag Saxena, CEO of the Electronic Games Federation (EGF), said the national interest, the consumer’s interests and the industry’s interests have suffered for too long.
He said: “Immoral gambling operators have been parasiticly harmful to the country, the Ministry of Finance and the people.
FIFS, Director-General Neil Castelin said the joint regulations mark an important step in our commitment to promoting a safe, equitable and responsible gaming environment in the country.
publishing – March 10, 2025 at 11:38 am