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India Should Regulate Online Gambling Industry | My Blog

Law Commission of India Recommend Online Poker And Sports Betting Be Regulated Gambling is still considered taboo in India and most states have resisted the campaigns from groups such as the Indian Poker Association to legalize online poker in India. The demand for online poker and sports betting in India continues to grow as the middle income sector has disposable income which they would like to spend on online wagers playin poker for fun or placing bets on sports to see if they can make a quick return on investment. Since online gambling is banned, Indians are forced to turn to http://casinobingofvs.sojournals.com illegal gambling operators who are always willing to take their bets. The illegal land and online gambling industry in the country has flourished and has caused serious concerns for the authorities. Players are willing to take the risk to play at these unlicensed establishments because it is difficult for the authorities to track them down considering the fact that most of them run a small scale and tight knit operation. Law Commission Recommends Licensed Gambling Industry The Law Commission of India has been researching the gambling and sports betting industry in the country and has determined that it would be in the best interests of the government and the Indian people if sports betting and online gambling was regulated throughout the country. The Commission released a report entitled http://livebettingiiz.recentblog.net ‘Legal Framework: Gambling and Sports Betting including in Cricket in India’ which said that their research found that there were a lot more pros than cons when it came to overall legislation of these two industries. The report goes on to say “Since it is not possible to prevent these activities completely, effectively regulating them remains the only viable option. Thus, if Parliament or the State Legislatures wish to proceed in this direction, the Commission feels that regulated gambling.” The Commission which prepared the report at the behest of the Supreme Court of India stated that if the government decided to take its recommendation and legalize sports betting and gambling throughout the country it was important to address these three issues immediately. The first objective would be to bring a major overhaul of the existing horseracing industry and lotteries which operate in the country.

For the original version including any supplementary images or video, visit https://www.tightpoker.com/news/law-commission-of-india-recommend-online-poker-and-sports-betting-be-regulated-12735/

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