Photo Caption: L-R
Gagan Kharbanda, Game and Technology Head- Rummy Passion, Rahul Bhardwaj Co-founder Junglee Rummy, Virat Sharm Associate Vice President- Product Junglee Rummy, Bhavin Pandya, Co-Founder and ceo Rummy Circle, Deepak Gullapali, Mr Sameer Barde, CEO, The Rummy Federation
In an industry-first initiative, the seal was awarded to India’s leading online rummy operators to ensure responsible, secure and fair experience for players
New Delhi, 16th December 2019: In an important step towards regulating the Indian online rummy industry, The Rummy Federation (TRF) - a not-for-profit self-regulatory body to guide and support the online rummy industry in the country, awarded the TRF Dynamic Seal to India’s select online rummy operators. This latest initiative by TRF aims to provide a responsible, safe and fair gameplay experience protecting 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.
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.
Some of the key requirements are
· no underage players
· recognizing and assisting vulnerable players
· Responsible gaming requirements including daily and monthly playing limits, ability to self-exclude etc
· SSL encryption
· Mandatory Random Number Generation certification
· Strict timelines for withdrawal requests
The TRF Seal can be suspended and/or cancelled in case of any non-compliance on an ongoing basis.
Announcing the launch and presentation of the TRF Dynamic Seal, Mr Sameer Barde, CEO, The Rummy Federation, said, “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. 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.”
The online rummy industry in India is rapidly growing and currently caters to over 5.5cr players from across the Country. The Industry is currently valued at around Rs. 2200cr and is growing at 34%CAGR.
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