Mumbai, June, 2016: 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 how it is different from gambling.

Mr. Kuntal Sampat, Vice President of Sachar Gaming Pvt. Ltd. which operates khelplay.com introduced the audience to khelplay.com and its state of the art features.

Mr. Jay Sayta, founder of gaming laws website Glaws.in and moderator of the seminar opened the discussion by saying that games of skill like poker, rummy and fantasy sports enjoy an exalted status as per India’s gaming laws and do not amount to gambling, contrary to popular perception.  He added that staking of money on games of skill like poker and rummy is understood to be completely legal and therefore after the dot com boom a large number of companies have started offering skill games although the industry is still in a nascent stage.

He also noted that the purpose of the seminar was to create awareness about all the happenings around the skill games industry and significance of recent developments like the law passed by the Nagaland government and taxation, foreign exchange issues faced by players as well as potential and market size of the industry.