sports betting in India

Legalisation of sports betting in India?

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The Supreme Court of India has suggested some important reforms concerning the Board of Control for Cricket in India which include the plan to legalise sports betting in India.

With the new reforms which were suggested by the Justice RM Lohda panel, sports betting in India would be allowed but remain a subject to various restrictions.

The Justice RM Lohda panel:

“So also the recommendation made by the Committee that betting should be legalised by law, involves the enactment of a law which is a matter that may be examined by Law Commission and Government for such action as it may consider necessary in the facts and circumstances of the case.”

This decision was warmly welcomed by the industry veterans who were disappointed with the “menace” of match fixing and sports betting. What is more, the panel underlined the fact that there is an important distinction between match fixing and sports betting with sports betting falling into a bit of legal greay market in India since each province holds its own regulations on gambling.

The Supreme Court has legalised horse racing as it is a game of skill in which the knowledge of the theme is required to guess the potential outcomes. Nevertheless, the general sports betting has been left into a limbo state as it has been seen as illegal in most states except Goa and Sikkim.

Many people claim that legalisation of sports betting in India will positively influence sports and will reduce the impact of organised crime and allow governmental institutions to educate young cricket fans and players about the fair play. What is more, the state would benefit from a new tax revenue from the legalisation of sports betting.

The beginning of a large scale reform in cricket is possible to have have an effect on other sports. Through regulation of an industry that will go on with or without the state’s approval, India could stem corruption in sports.

Legalisation of sports betting in India? was last modified: July 25th, 2016 by CasinoNews.Today