Industry bodies AIGF, EGF, and FIFS wrote to Union Home Minister Amit Shah opposing a reported draft Bill proposing a ban on all real-money games, including skill-based ones.
They warned a blanket ban would destroy jobs, shut down over 400 companies, and push crores of users to illegal offshore betting platforms.
The online skill gaming industry is valued at over ₹2 lakh crore, generates ₹31,000 crore annual revenue, contributes ₹20,000 crore in taxes, and has attracted over ₹25,000 crore FDI till June 2022.