Online poker website Khelplay.com recently organized a panel discussion on “Recent Developments in the Skill Games Industry”- a seminar on legal, regulatory and tax updates for poker players and operators.
The event mainly generated awareness about the recent developments and potential of the skill games industry and its differences from gambling.
Panelists included Kuntal Sampat, vice president of Sachar Gaming Pvt. Ltd. which operates khelplay.com, senior journalist Amit Varma, Gowree Gokhale, a senior partner of Nishith Desai Associates, Vidushpat Singhania, partner of Krida Legal and Jay Sayta, founder of Glaws.in, who moderated the panel.
According to the press release, the seminar’s purpose was to create awareness about the latest developments in the skill games industry and the significance of recent developments, including the recent laws passed by the Nagaland government and taxation, foreign exchange issues faced by players as well as potential and market size of the industry.
The seminar also introduced a newly created not-for-profit society, the All India Gaming Federation (AIGF), “The gaming sector has the potential to bring in massive employment and boost India’s gross domestic production and at the same time eliminate the organized crime, money –laundering and other associated problems plaguing the society.” said Roland Landers, the former chief brand officer of Zee Group, who introduced AIGF at the event.
Landers will also be heading the newly constituted not-for-profit body AIGF.