If you set aside the merits of the ban itself, the most remarkable aspect is the speed and urgency with which the tide turned against real-money gaming. 

Until a few months ago, the conversation around real-money gaming was most concerned with how it would be taxed—which many companies interpreted as a form of legitimisation. 

But in some ways, the ban on real-money gaming isn’t arbitrary or unexpected when viewed through the larger context of how the government approaches consumption in India. 

Praveen Gopal Krishnan explains in this episode of The Nutgraf.

P.S. You can also read the edition here. 

If you are a student who wants to participate in The Ken's case build competition, or if you simply want to read the case, you can do that here:

https://the-ken.com/case-competition-2025/