From the other thread:
Aparajit said:
Its no Govt decision.... Its jokerstars decision, i read on twitter. They sold their Indian players to a Private company in India and as a part of the deal also let them use their name.. So look legit.. Its a scam.
So I did a bit more research and actually Aparajit isn't entirely wrong.
online poker and
gambling in India has always been a grey area.
From a legal perspective, everything depends on local jurisdiction. India’s laws give individual states the autonomy to introduce their own gambling regulations.
It looks like pokerstars did actually decide to downsize and outsource their operations in that country instead of trying to sort out all the local licenses themselves, with the new PokerStars.IN operated by Sachiko Gaming Private Limited, which is part of the Sugal and Damani group which reportedly operates skill game websites under the brand Khelplay.com, including an MPN skin on the Microgaming Poker Network, but had announced they would shut down these operations by March 15, seemingly to make way for PokerStars.IN.
According to some reports Khelplay had acquired a multi-games license from the country’s first jurisdiction offering online poker licenses to local firms, Nagaland. The license covered skill games including poker and fantasy sports.
And the pokerstars marketing spin on the decision to close its global dot-com online poker room in India in exchange for a local PokerStars India version was made in an announcement:
“In India, we have entered into an arrangement with a well-established domestic licensed lottery and gaming operator, which will give our brand access to this highly populated market and ability to build awareness for both our PokerStars brand and the game itself,” The Stars Group CEO Rafi Ashkenazi told investors.
Which is a bit strange as the global dot-com would already have been building awareness for both the PokerStars brand and the game itself.
In the end though it is still all about trying to keep within national and federal requirements.
Of course a more honest announcement would have said: 'it has come to our attention that our current operations might be unlawful in some states so we have entered into an arrangement with a well-established domestic licensed gaming operator to cover our backs, sorry for the inconvenience this causes to our previously loyal customers'.