India\u2019s<\/a> Supreme Court is also currently considering the sports betting question. The court has agreed to hear a Public Interest Litigation that pushes for regulation, and there is a growing appetite within India\u2019s legal community to get the job done.<\/p>\nIn May, Senior advocate Rupinder Singh Suri told the court that “regulating the existing system will weed out the undesirable elements in the betting business and will bring more credible and genuine players over whom the government can have more control.\u201d<\/p>\n
In response to claims that regulated sports betting might increase corruption in sports, the Law Commission of India Gambling Consultation commissioned a report by sports integrity body ESSA.<\/p>\n
\u201cIt is clear that, whilst currently illegal in much of India, betting on sport, and particularly the national game of cricket, is widespread and yet largely unregulated and untaxed,\u201d ESSA concluded.<\/p>\n
\u201cThis has led to a situation that has unfortunately benefited criminal elements\u2026 On the basis that prohibition of betting has proved ineffective, and where a renewed drive to impose it would appear impractical, a continuation of the status quo is clearly not advantageous.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
India\u2019s federal government is taking serious steps towards legalizing sports betting, according to reports. A \u201cministry official\u201d who spoke anonymously to the Indian Express, a respected English-language daily broadsheet newspaper, said the Sports Ministry has initiated a consultation process with stakeholders that could see a framework of regulation established in two years\u2019 time. Responding to […]<\/p>\n","protected":false},"author":42,"featured_media":54748,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,16,1074],"tags":[],"acf":[],"yoast_head":"\n
India \u201cSerious\u201d About Tapping $50 Billion Sports Betting Market<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n