Harpal Singh Bedi
New Delhi: The online rummy industry in India is currently valued at around Rs. 2200 cr and is rapidly growing and currently caters to over 5.5cr players from across the Country.
To make this cash rich Industry “responsible, safe and fair’ The Rummy Federation (TRF) not-for-profit self-regulatory body to guide and support the online rummy industry in the country on Thursday awarded the TRF Dynamic Seal to India’s select online rummy operators.
This initiative by TRF aims to make online Rummy transparent and make people aware that the game is legal and it involves skill. and Dynamic Seal holder operators are safe, experienced involved in fair game play and protect the interests of players.
In an industry-first effort, TRF presented accreditation seals to four online rummy operators ( Ace2three , Junglee Rummy , Rummy Circle and Rummy Passion) in India in the capital today. The seal was presented by Mr. Sameer Barde, CEO, The Rummy Federation to industry leaders – Mr. Deepak Gullapalli, Founder and CEO, Head Infotech ( Ace2three ), , Mr. Rahul Bhardwaj, Co-Founder, Junglee Games (Junglee Rummy) , Mr. Bobby Garg , Co-Founder and CEO , Passion Gaming ( Rummy Passion) and Mr. Trivikraman Thampy, CEO and Co-founder of Play Games24X7 ( Rummy Circle) .
“The seal is a sign of assurance on compliance of the operators to the TRF code of conduct which has been put in place to protect the interests of players.”said TRF CEO Sameer Barde .adding ” Almost 70% of online gaming revenues in India today are generated by the skill gaming industry with online rummy generating close to 40% of all online gaming revenues in India.
Further elaborating, Barde told media persons here that the “TRF Dynamic Seal is a digital certificate granted to operators that are able to comply with the stringent guidelines put forward by The Rummy Federation in the form of their code of conduct.
“The seal is presented to the operator after a rigorous audit procedure conducted by a big 4 audit firm conducting an independent third-party audit, which evaluates them based on multiple predefined factors. The Code of Conduct focuses on multiple areas of the operations and has stringent requirements to ensure secure, responsible and fair gaming experience for players.
“Online Rummy is a rapidly growing industry with new players joining every day and several emerging operators. With the growing number of players and operators, the online rummy ecosystem has become quite robust, while also creating the need for regulation to safeguard the players and ensure responsible, secure and fair environment for them. “‘ Barde said
“”The TRF seal symbolizes compliance to the strict code of conduct set in place for operators to protect the players from any unwanted outcome and an assurance to players so they can put their minds at ease and enjoy the game.”
He claimed that Online Rummy, having been held to be a game of skill has grown exponentially and is enjoying nationwide popularity as a card game (that includes free games). At present, the online skill gaming segment is significantly large with more than 30 gaming operators and 70 million+ online users across India.
TRF Seal is a mark of trust and safety which will be awarded to member operators/ companies who follow and comply with the TRF Code of Conduct.
He asserted that the TRF Seal can be suspended and/or cancelled in case of any non-compliance on an ongoing basis.
Talking about TRF Barde claimed that it is an independent industry body, which aims to facilitate online skill gaming and rummy operators to adopt a common set of standards with the goal of building a self-regulatory framework that helps to protect player interests.
TRF is supported by majority of online rummy operators – our existing members represent >95% of the total market in terms of revenues.