Is gambling legal in India? In our short guide we tell you all you need to know about sports and casino betting in the world’s largest democracy. India is in the ascendency; a population of 1.5 billion, the world’s biggest democracy, a powerhouse of industry, innovation, and invention. It’s also one of the most exciting and vibrant markets for gambling entrepreneurs and investors.
Betting is big business and India is very big. Add the two together and you get: big opportunities. It’s this enormous pool of potential players that betting companies are looking to attract. They are weaving their way through red tape, lobbying politicians, and advocating for regulated gaming.
To date, the only unrestricted betting options in India are horse racing and the state lottery. Online gaming has been enjoying a legal game of cat and mouse, with states initially banning it, and then retracting it. Casinos are sparse and sports betting laws vary from state to state.
India still enforces the 1867 Public Gambling Act. Not surprisingly, a 170-year-old law has a few loopholes; online betting wasn’t a thing back in the 19 th Century. Sports Betting
In the land of the mighty Indian Premier League, sports betting generates a lot of controversy. Specific gaming laws differ in various states and are often convoluted and vague at best, full of loopholes and large areas of grey.
The IPL is the most watched cricket league in the world. In 2021, an estimated 380 million fans tuned in on a regular basis. If only a tiny percentage of this enormous audience fancies a gamble, the bookmakers are in for a very profitable innings.
There are no formal laws relating to online sports betting. According to the 1867 Public Gaming Act , gambling is only an offence when it takes place in a public house. Online betting sidesteps this. There is also a huge underground, unregulated, betting market. Gambling legislation would remove this and generate tax revenue. Online Casinos and Poker
There are many online casino operators offering blackjack, roulette, baccarat , and slots to Indian players. Once again, there are no formal […]
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