Published 12:41 IST, February 26th 2024

How Real-Money Games Platforms Ensure Ethical Gaming Practices

Know why the implementation of ethical gaming practices is of paramount importance for all leading games platforms.

Reported by: Digital Desk
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Real-money games platforms have me online games more accessible to general public. Card games, such as rummy, poker, etc., are no longer confined to a get-toger of friends or a casino hall. People situated in different cities and towns can log on to a gaming platform and play against each or. However, with accessibility also comes misuse. 

Misuse of real-money games platforms can happen in many ways. Irresponsible gaming behaviour, fair play violations, entry of unwanted players, and cyber threats are some of various ways in which real money gaming ecosystem may be misused. This is why implementation of ethical gaming practices is of paramount importance for all leing games platforms.

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Introducing Ethical Gaming Practices

need for ethical gaming practices in India is more than it has ever been. industry is growing at a rapid pace, clocking $3.1 billion in revenue during FY23. It is expected to continue its growth and reach $7.5 billion by FY28. That translates into a large community of real-money gaming enthusiasts. 

online games industry has been responsive to this wide reach and has opted a voluntary “Code of Ethics for Online Gaming Industries” in December 2023. This serves as a Joint Declaration of Intent with a special focus on user protection and building of a secure, reliable and accountable online games industry. Bodies like Internet and Mobile Association of India (IAMAI), Federation of Indian Fantasy Sports (FIFS) and E-Gaming Federation (EGF) were among signatories to this Code of Ethics.

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Four industry bodies have also been signatories to Voluntary Code of Ethics for Online Gaming Industries, which was curated by IAMAI. With close to 50 crore players in India, industry is reinforcing its commitment towards safeguarding its ethical side. 

Here’s a look at some of key areas that have drawn attention of industry in this regard. equate and timely steps taken in se areas will insulate real-money games industry from unethical practices for years to come.

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Responsible Gaming

Real-money games platforms are implementing time and fund-based limitations to foster responsible gaming. platforms are voluntarily introducing log-out options to remind players of responsible use of gaming platforms. To ensure this, platforms are using latest tools that monitor game time and fund usage metrics on a real-time basis. vanced tools to identify a player’s risky behaviour patterns are also put into place. Besides, platforms are also educating ir patrons about importance of responsible gaming in real-money gaming ecosystem.

Prohibiting underage participants

Can anyone with a smartphone open an account in a real-money gaming platform and start playing? Well, not anyone. strict industry rules say that no one below age of 18 would be allowed entry in a real-money gaming environment. platforms ensure this through a thorough KYC process, which validates age of account holder. Any account found to be owned by an underage player is immediately blocked.

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Fair Play Practices

Just because it is played on an online platform doesn’t mean that a fraudster can alter poker hand ranking in a game. Real-money poker gaming platforms, like Pocket52, have strict fair play rules in place, violation of which can le to blocking of accounts and forfeiture of available funds. Platforms like se define dos and don’ts of game and protect players through strict regulations. 

Ethical Marketing

While playing is limited to ults only, real-money gaming vertisements and promotional campaigns are visible to all. Platforms should not target minors or portray unverifiable facts in media. Leing platforms tend to stay away from distortion of winning odds and win claims. Games like fantasy sports and playing cards are a source of entertainment. Real-money games platforms are vertised as such in media.

Platform Security

Platforms are also increasingly unanimous on need for cybersecurity in gaming ecosystem. Updated encryptions and herence to data protection and storage laws are recognised as important guidelines towards ensuring a safe and secure playing environment for participants. 

Financial Accountability

All leing platforms allow linking player accounts with recognised bank accounts only. y use encrypted channels for fund deposits and withdrawals. y also maintain complete transparency on costs involved. se aspects must be a basic minimum to keep financial side of industry ethical, safe and transparent. 

Closing Call

herence to ethical gaming practices will raise public profile of gaming platforms and foster customer loyalty.

08:40 IST, February 26th 2024