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<br>”On the aspect of prohibiting games of chance (e.g. gambling websites or apps) being played online, the proposed Digital India Act can include it in the list of prohibited user harms that will not be permitted,” the report stated.<br><br>Lyon could have added a second goal in the first half but Toulouse goalkeeper Maxime Dupe denied Karl Toko Ekambi in the 12th, saved Lacazette´s chip in the 23rd, and pushed Corentin Tolisso´s header behind in the 41st.<br><br>The panel of Prime Minister Narendra Modi’s top officials has for months been drafting regulations for the country’s online gaming sector, where foreign investors such as Tiger Global and Sequoia Capital have backed gaming startups Dream11 and Mobile Premier League, hugely popular for fantasy cricket.<br><br>Xbox maker Microsoft announced the $69 billion acquisition of “Call of Duty” maker Activision Blizzard Inc in January and has pledged to keep the hit franchise on PlayStation beyond the existing agreement with Activision.<br><br>A senior gaming industry executive said the recommendation that a regulatory body evaluate different formats of online games could raise entry barriers for new players and increase scrutiny of companies’ current offerings.<br><br>Green, 32, a four-time All-Star, is entering his 11th season in the league, all with the Warriors. He’s a seven-time All-Defensive selection with career averages of 8.7 points, 6.9 rebounds and 5.4 assists.<br><br>Green walks over to Poole and bumps him with his chest before Poole shoves Green. At that point, Green takes a swing with his right hand before both players go to the ground behind the basket while staff members move to break up the fracas.<br><br>To streamline the legal framework, the 108-page report says India needs a new federal online gaming law, which will provide regulatory flexibility “with punishment provisions, along with blocking powers, for the government against prohibited gaming formats”.<br><br>For online games such as fantasy cricket on Dream11, paid contests remain the popular attraction. Users can create their teams by paying as little as 14 rupees (17 U.S. cents), with a total prize pool of 7 million rupees ($88,000) up for grabs by winners.<br><br>Also, with Beijing strictly restricting game approvals at home and still suspending approvals for games of foreign IPs, Tencent is forced to move towards gaining control of foreign game companies and their IPs, said the four sources.<br><br>31, the panel of government officials calls for creation of a new regulatory body under India’s IT ministry to determine which online games qualify as games of skill, then “seek compliances and enforcement.”<br><br>Tencent’s growing focus on overseas assets and markets is in sharp contrast to its much slower dealmaking pace at home since the regulatory clampdowns intensified, and the divestment of a clutch of domestic portfolio companies.<br><br>Tencent in September raised its stake in Ubisoft in a deal that made the Chinese firm the single biggest shareholder of the top French games developer, with a stake of 11% which can be further increased to as much as 17%.<br><br>From 2015 to 2020, the owner of China’s number one messaging app WeChat 150 investments at home totalling $75 billion, compared to 102 deals worth $33 billion in overseas markets, according to Refinitiv data.<br><br>HONG KONG, Oct 1 (Reuters) – Tencent is resetting its M&A strategy to put more focus on buying majority stakes mainly in overseas gaming companies, as the tech giant eyes global expansion to offset slowing growth at home in China, people with direct knowledge of the matter said.<br><br>NEW DELHI, Sept 15 (Reuters) – India should create a regulatory body to classify online games as based on skill or chance, introduce rules to block prohibited formats and take a stricter stance on gambling websites, a government panel said in a report seen by Reuters.<br><br>Though the panel considered only online skill games, and not gambling, which is handled by states, it noted that many offshore betting and gambling websites that are illegal in India have become popular among Indian users.<br><br>After receiving suggestions from India’s revenue department, the government panel stated that online gaming companies should be required to report any “suspicious transactions” to the government’s Financial Intelligence Unit.<br>A 2020 report by Indian trade group FICCI and consulting firm EY stated that of 65 billion Indian rupees ($817 million) garnered by online gaming industry the previous year, transaction-based gaming, including real-money, contributed 71%, or 46 billion rupees.<br><br>The report noted that state governments already find it “difficult to implement and monitor geo-fencing measures” to ensure that no user in their region is accessing an illegal forms of gambling or gaming.<br><br>Simply defining games has been contentious. India’s Supreme Court says the card game rummy and certain fantasy games are skill-based and legal, but at least one state court classified games such as pkv Poker as chance-based, or akin to gambling, which is banned in most states.<br>