• About   |
  • Submit Guest Post |
  • Contact Us
No Result
View All Result
The Second Angle (TSA Magazine)
Advertise
  • Infotainment
    • Sports
    • People
    • Inspiring
  • Entertainment
    • Lifestyle
    • Home & Decoration
  • Buzz
  • Education
  • Travel
  • Finance
  • Healthcare
  • Technology
The Second Angle
No Result
View All Result
  • Infotainment
  • Entertainment
  • Buzz
  • Education
  • Travel
  • Finance
  • Healthcare
  • Technology
Advertisement
ADVERTISEMENT
Lexitoto
Slot Demo
RTP SLOT
Lexitoto
Aplikasi Lexitoto
RTP Lexitoto
RTP IDN Slot
RTP PG Soft
RTP Habanero
RTP Microgaming
RTP TopTrend Gaming
RTP GMW
RTP Nolimit City
RTP Booster
Slot Demo Bambu4d
Slot Demo PG Soft
Slot Demo Habanero
Situ Togel Online
Situs Togel Amanah
Lexitoto
Lexitoto
Lexitoto
Lexitoto
Lexitoto
Lexitoto
Lexitoto
Lexitoto
Lexitoto
Lexitoto
Lexitoto
Lexitoto
Lexitoto
Lexitoto
Lexitoto
Lexitoto
Lexitoto
Prediksi Togel Lexitoto
Slot Demo PG Soft
Lexitoto
Lexitoto
Lexitoto
Lexitoto
Lexitoto
Lexitoto
Lexitoto
Tips dan Trik Slot Gacor
Prediksi Togel Lexitoto
Lexitoto
Vietnam Lottery
Syair HK
Octagon Lottery
Bandar Situs Togel
Situs Slot Gacor
Bocoran Slot Gacor
Lexitoto
Togel Toto Macau
Situs Togel Macau
Prediksi Macau
Bambu4d
Prediksi Togel Bambu4d
Slot Gacor Bet Kecil
Bambu4d
Bambu4d
Bambu4d
Bambu4d
Bambu4d
Bambu4d
Bambu4d
Bambu4d
Situs Togel Online
Aplikasi Bambu4d
Aplikasi RTP Slot
Aplikasi RTP Booster
Aplikasi Slot Demo
Aplikasi Prediksi Togel
RTP Bambu4d
RTP IDN Slot
RTP PG Soft
RTP Habanero
RTP Microgaming
RTP TopTrend Gaming
RTP GMW
RTP Nolimit City
RTP Playstar
RTP Booster
Slot Demo Bambu4d
Slot Demo PG Soft
Slot Demo Habanero
Bambu4d
Bambu4d
Bambu4d
Bambu4d
Bambu4d
Bambu4d
Bambu4d
Bambu4d
Bambu4d
Bambu4d
Bambu4d
Bambu4d
Bambu4d
Bambu4d
Bambu4d
Bambu4d
Bambu4d
Bambu4d
Bambu4d
Prediksi Togel Bambu4d
Bambu4d
Toto Macau
Live Draw HK
Live Draw SDY
Toto Macau
Bandar Togel
https://bluewaveslogistics.com/
Prediksi Syair Taiwan
Situs Toto
Slot Gacor
RTP Slot Gacor
Prediksi Syair HK
Prediksi Syair HK
Prediksi SGP
Prediksi SGP
Prediksi Syair Cambodia
Prediksi Cambodia
Prediksi Cambodia
Prediksi Syair China
Prediksi Syair China
Prediksi Syair SDY
Prediksi PCSO
Syair SDY
SYAIR HK
Situs Togel
Paito SGP
Paito HK
Paito SDY
Prediksi Macau
Live Draw Cambodia
Prediksi Jepang
Situs Togel
Slot Thailand
Live Draw Cambodia
Live SGP
lexitoto
Live Macau
RTP SLOT
hinterlaces.com RTP Slot
Rtp Slot
situs toto
lexitoto
slot deposit pulsa
lexitoto
Data Pengeluaran HK
Prediksi Cambodia
Toto Slot
PREDIKSI SDY
Live Draw HK
Prediksi Macau
Prediksi Cambodia
SYAIR SDY
Prediksi Macau
Slot Pulsa
Prediksi Cambodia
Lexitoto
SYAIR SGP
Toto Slot
Prediksi HK
Situs Slot Gacor
SYAIR MACAU
RTP SLOT HARI INI
Slot Pulsa
Slot Thailand
Prediksi Cambodia
Home Explainers

Why has the I & B ministry prohibited the promotion of online betting platforms?

The statement, which asked all broadcasters to follow the guidelines, stated that no gaming ad should show a person under the age of 18 engaging in online gaming for real money wins.

Kumar Nigam by Kumar Nigam
June 15, 2022
in Explainers
Reading Time: 3 mins read
Why has the I & B ministry prohibited the promotion of online betting platforms?
Share on FacebookShare on WhatsApp
Advertisement Advertisement Advertisement
ADVERTISEMENT

The Ministry of Information and Broadcasting has issued guidelines requiring print, television, and digital media to stop running advertisements for online gambling platforms.Why has the I & B ministry prohibited the promotion of online betting platforms?“Betting and gambling are illegal in most parts of the country, and concerns have been raised that online betting advertisements promote an activity that is otherwise largely prohibited and poses a significant financial and socioeconomic risk to consumers, particularly youth and children.” Furthermore, online betting advertisements are misleading and do not appear to be in strict compliance with the Consumer Protection Act 2019, the Advertising Code under the Cable Television Networks Regulation Act, 1995, and advertisement norms under the Norms of Journalistic Conduct laid down by the Press Council of India under the Press Council Act, 1978,” MIB said in a statement on Monday.

Why has the I & B ministry prohibited the promotion of online betting platforms?

In light of this, and given the larger public interest at stake, print and electronic media are advised to refrain from publishing advertisements for online betting platforms, according to the statement. “Online and social media platforms, including online advertisement intermediaries and publishers, are advised not to display or target such advertisements in India,” it said.

MIB stated that in 2020, it convened a meeting with the ministries of consumer affairs, electronics, and information technology, the Advertising Standards Council of India (ASCI), the News Broadcasters Association (NBA), the Indian Broadcasting Federation (IBF), the All India Gaming Federation (AIGF), the Federation of Indian Fantasy Sports (FIFS), and the Online Rummy Federation (ORF), which resulted in ASCI issuing guidelines for ad campaigns of online gaming and fantasy sports.

RelatedPosts

The Future of Tezos: Insights and Predictions

The Future of Tezos: Insights and Predictions

What does Twitter look like under Elon Musk

What does Twitter look like under Elon Musk

Why has the I & B ministry prohibited the promotion of online betting platforms?

The statement, which asked all broadcasters to follow these guidelines, stated that no gaming advertisement should show a person under the age of 18 engaging in online gaming for real money wins. Furthermore, print advertisements must include a disclaimer that the game involves some financial risk, whereas audio and video advertisements must include the same at the end at a normal speaking pace and in the same language as the advertisement.

According to Roland Landers, CEO of The All India Gaming Federation, these offshore online gambling websites are not registered under the Central Goods and Services Tax Act, 2017 and do not pay applicable direct and indirect taxes required by Indian law, even if the companies do not have a registered office in India and are based outside the country.

“This flagrant tax evasion by gambling websites results in a loss of revenue to the government exchequer of thousands of crores per year. There have been numerous complaints about such websites engaging in obvious fraud and manipulation of their games, and they take deposits from gullible players but refuse to give them an option to withdraw their winnings or balances under various pretexts. We are overjoyed to see our long-standing efforts against offshore gambling platforms bear fruit, and we would like to thank the Ministry of Information and Broadcasting for taking the first step “Landers made the announcement in a statement.

According to Karan Taurani, senior vice-president of Elara Capital Ltd, the e-commerce vertical contributes 13 percent of ad spending for traditional media such as TV, print, and radio, 20 percent of which comes from online betting platforms, resulting in a negative impact on 2-2.5 percent on traditional media ad spends. In terms of digital media, e-commerce accounts for 17 percent of total ad spends, while the online betting platform component accounts for 30 percent, implying a 5% decrease in digital ad spends.

Why has the I & B ministry prohibited the promotion of online betting platforms?
Image Source: Iplt20

“This is a bigger negative for broadcasters with sports-led properties like the IPL and other cricket tournaments, as nearly 60% of these platforms’ advertising budgets are allocated to sports tournaments featured on TV and OTT. This announcement comes at a time when overall ad budgets have been subdued in recent years due to the negative impact of inflation across the board, as well as lower ad spending by start-ups and digital companies focused on profitability,” Taurani said.

Also Read: Centre proposes the struck down section 66A, in cybercrime proposal at UN: Why this Reintroduction?

ShareSendTweet

Related Posts

The Future of Tezos: Insights and Predictions
Explainers

The Future of Tezos: Insights and Predictions

In this article, we will explore the future of Tezos and make some predictions on what lies ahead for this...

Read moreDetails
What does Twitter look like under Elon Musk
Technology

What does Twitter look like under Elon Musk

Musk didn't have a business strategy when he chose to acquire Twitter; he only had some thoughts about how it...

Read moreDetails
What Are the Different Causes of Wrongful Arrests?
Explainers

What Are the Different Causes of Wrongful Arrests?

If the police or other security agents hold you against your will, this could be considered a wrongful arrest.

Read moreDetails
Cryptocurrency Wallet – Understand the Detailed Concept
Explainers

Cryptocurrency Wallet – Understand the Detailed Concept

Wallets provide a convenient way for cryptocurrency holders to manage their holdings by storing their private and public keys safely.

Read moreDetails
All you need to know about Cryptocurrency investments
Explainers

All you need to know about Cryptocurrency investments

You are not alone if you find Bitcoin and Ethereum to be unintelligible jargon. They are becoming more well-liked across...

Read moreDetails
All You Need to Know About Bitcoin and Alternative Coins
Explainers

Why you should invest in Cryptocurrency

There is no denying that the value of digital currencies has skyrocketed in recent years. Thanks to the meteoric rise...

Read moreDetails
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest

7 Must-Visit Heritage Sites In Mysore

7 Must-Visit Heritage Sites In Mysore

20 Famous Dialogues By Akshay Kumar

20 Famous Dialogues By Akshay Kumar

10 Charming Villages in Spain For a Quaint Getaway

10 Charming Villages In Spain For A Quaint Getaway

ADVERTISEMENT

About

The Second Angle

The Second Angle (TSA) Magazine covers a broad spectrum of topics including Entertainment, Lifestyle, education, Crypto, iGaming, Technology, fashion, beauty, relationships, celebrities, wellness, travel, and food. It also features user-generated content in the form of tips, guest post, forums, polls, contests and other interactive articles.

Important Links

  • About
  • Guest Post
  • Privacy Policy
  • Terms
  • Contact Us
  • Newsletter
ADVERTISEMENT

© 2017-23. The Second Angle. All Rights Reserved. Developed and Managed by SquareBase.io

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Infotainment
    • Sports
    • People
    • Inspiring
  • Entertainment
    • Lifestyle
    • Home & Decoration
  • Buzz
  • Education
  • Travel
  • Finance
  • Healthcare
  • Technology

© 2017-23. The Second Angle. All Rights Reserved. Developed and Managed by SquareBase.io

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.