<h1>New law bans online money games, bars advertising and financial transfers while promoting eSports and social gaming opportunities</h1> Legislation has been enacted banning all forms of online money games while promoting eSports and online social gaming; the upper chamber approved the measure without debate after rejecting opposition amendments, following lower-chamber passage. The statute prohibits advertising for online money games and bars banks and other financial institutions from facilitating or transferring funds for such games. 'Online money games' are defined as games requiring a monetary deposit with an expectation of winning monetary or other rewards. The bill is intended to regulate and restrict monetary wagering conducted online.