In India, a game of chance license is an essential regulatory requirement for businesses operating gambling, betting, and other chance-based gaming activities. The license is governed by various state laws and central regulations, as gambling is a state subject under the Indian Constitution.
Local products such as Sikkim Lottery, Nagaland Poker, and Meghalaya\“s online gaming platforms require this license to operate legally. These products must adhere to strict guidelines, including age restrictions, fair play mechanisms, and anti-money laundering measures. The license ensures that operators contribute to state revenues and protect consumers from fraudulent practices.
Obtaining a game of chance license involves submitting detailed applications, background checks, and compliance with technical standards. States like Goa and Sikkim have established frameworks to regulate casinos and lotteries, promoting responsible gaming while boosting tourism and local economies. |
