At Khelo.cloud, we operate within the boundaries of the law and are committed to providing a platform that is both safe and legal for our users. This page outlines the legal aspects of participating in fantasy sports on Khelo.cloud and provides clarity on how we ensure compliance with applicable laws.
Fantasy sports in India are recognized as games of skill, which are distinct from games of chance. The Supreme Court of India has upheld that fantasy sports require a substantial degree of skill, judgment, and knowledge, making them legal under the Public Gambling Act of 1867, which prohibits gambling activities. Since fantasy sports involve skill-based decision-making, they are not considered gambling and are therefore legal in most parts of India.
While fantasy sports are legal in most states in India, there are certain states where participating in fantasy sports is prohibited due to local laws. Currently, users residing in the following states are not permitted to participate in paid contests on Khelo.cloud:
If you reside in one of these states, you are restricted from participating in any paid contests or games on our platform. Khelo.cloud uses geo-location services to ensure compliance with these state-specific regulations.
You must be at least 18 years old to create an account and participate in contests on Khelo.cloud. This age restriction is in line with the legal requirement to protect minors from participating in activities that involve financial transactions.
To ensure compliance with this age requirement, Khelo.cloud conducts an age verification process during account registration. You may be required to submit valid identification documents as part of this process.
As per Indian tax laws, any winnings from fantasy sports are subject to taxation. If your winnings exceed ₹10,000 in a single contest, a TDS (Tax Deducted at Source) of 30% will be deducted before the winnings are credited to your account. The deducted amount is then deposited with the government, and a TDS certificate will be issued to you for your records.
It is your responsibility to declare your winnings and pay any additional taxes when filing your income tax returns. Khelo.cloud provides the necessary documentation to help you comply with your tax obligations.
To comply with Anti-Money Laundering (AML) regulations, Khelo.cloud requires all users to complete the KYC process. This involves verifying your identity by submitting official documents such as your PAN card, Aadhaar card, or passport. This process helps us ensure that our platform is not used for illegal activities.
Khelo.cloud monitors all transactions on the platform to detect and prevent any suspicious activities. We reserve the right to report any unusual transactions to the relevant authorities in accordance with AML regulations.
We are committed to protecting your personal information and ensuring that it is used in compliance with data protection laws. Khelo.cloud employs advanced security measures, including encryption and secure servers, to safeguard your data.
Our Privacy Policy outlines how we collect, use, and protect your personal information. By using Khelo.cloud, you agree to the terms of our Privacy Policy. We do not share your personal data with third parties without your consent, except as required by law.
If you have any disputes or grievances related to your use of Khelo.cloud, we encourage you to contact our customer support team. We will make every effort to resolve your concerns promptly and fairly.
In the event that a dispute cannot be resolved amicably, it may be referred to arbitration or the courts as per the laws of India. Any legal proceedings will be conducted in the jurisdiction specified in our Terms & Conditions.
Khelo.cloud is committed to ongoing compliance with all applicable laws and regulations. As legal requirements evolve, we may update this page to reflect changes in the legal landscape. We encourage you to review this page periodically to stay informed about the legal aspects of using our platform.
If you have any questions or need further clarification regarding the legalities of participating in fantasy sports on Khelo.cloud, please feel free to contact us at support@khelo.cloud . We are here to provide you with the information you need to enjoy a safe and legally compliant gaming experience.