wordpress blog stats
Connect with us

Hi, what are you looking for?

Law Commission is inviting comments for legalizing online betting and gambling

Following the Supreme Court’s observations on sports betting, the Law Commission of India is also looking to study whether online betting and gambling can be made legal. The Commission has issued a public notice inviting suggestions and from stakeholders and the public.

“Online gambling and betting is another area which has become very difficult to curb. It is understood that a lot of money is involved in illegal gambling business, creating almost a parallel economy, converting legally earned money into black money that is drained to gambling operators in other countries online,” the commission noted.

The Federation of Indian Chambers and Commerce and Industry (FICCI) estimates the total turnover of the betting market at Rs 300,000 crores ($60bn). If the government caps the 20% of the profits generated by gambling, the government stands to gain Rs 12,000- Rs 19,000 crore.

Currently, there are a number of websites offer bets on Cricket matches.The BBC points out that there even though there are no online betting operators based out of India, a lot of people have registered accounts with offshore firms and operators are using this to set up offshore betting companies.

The commission is asking stakeholders the following questions:

Advertisement. Scroll to continue reading.

– Will legalizing betting and gambling help in curbing the illegal activities undertaken by the citizens of our country in this regard?
–  Will licensing such activities help the Government earn substantial revenue and generate employment?
– How far will legalizing betting and gambling be morally correct in the Indian circumstances?
– What could be a possible model by which the people engaging in such activities can be safeguarded against bankruptcy?
–  If legalized, should foreign betting and gambling companies be allowed to have a foothold in the country?

Sikkim gambling licenses 

Note that the state of Sikkim issued online gambling licences in 2010 but only over an intranet, blocking access from the rest of India. The state government of Sikkim has authorized four gaming and lottery licenses – to Sugal & Damani Group, Future Gaming Group and Essel Group’s Playwin and  Golden Gaming

How to regulate in India

Interestingly, International Research Association of Computer Science and Technology (IRACST) had published a paper on how sports betting could be legalized in India. It had recommended a national regulatory body which could regulate disputes. This body would have the power to void a particular bet and have power and prosecute individuals making illegal bets. It will also devise guidelines and dispense information to the public about betting including listing events on which bets can be placed. The regulator will have powers of entry and inspection into operator’s premises and online networks and to have cooperation from operators.

Advertisement. Scroll to continue reading.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.



India and US come to terms on how to deal with the equalisation levy in light of the impending Global Tax Deal.


Find out how people’s health data is understood to have value and who can benefit from that value.


The US and other countries' retreat from a laissez-faire approach to regulating markets presents India with a rare opportunity.


When news that Walmart would soon accept cryptocurrency turned out to be fake, it also became a teachable moment.


The DSCI's guidelines are patient-centric and act as a data privacy roadmap for healthcare service providers.

You May Also Like


Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...


135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...


Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...


By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Your email address:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ