The Law Commission of India is considering a bill on the legalization of gambling and sports betting. According to the insider information, the commission has not yet made a final decision, but the possibility of gambling legalization “is considered very seriously”.
The main reason for the authorities flirting with the gambling business is multimillion tax revenues, which gambling industry can bring to the state budget.
This is not the first time that Indian legislators have discussed the issue of the gambling legalization in the country. At the end of 2016, retired Justice Balbir Singh Chauhan, chairman of the Law Commission of India, stated that the commission was “examining all legal aspects of betting in sports.”
At the same time, the issue of legalizing gambling in India has never been brought to the attention of the legislature. Currently, the country’s gambling market is regulated by the Public Gaming Act 1867, which prohibits gambling on the territory of the country.
Goa is one of the few states of India where gambling is legal. However, the activity of the local casino is limited to offshore places, so casinos are located only on the water.