Crime and worsening living standards of the poor do not justify a complete ban on gambling in India. Instead, the Law Commission of India is leaning towards regulating sports betting and casino gambling activities in the country, according to the Times of India report. ndia’s top law panel was tasked last year to examine “all legal aspects of betting in sports in India following the 2013 spot-fixing controversy involving the Indian Premier League cricket players. And after recently becoming “serious” in their review, the Law Commission has found that regulating gambling activities in India through a law is better than…

India Times – This Diwali, expect fireworks ‘across the board’, literally. As the well-heeled and the not-so-well-heeled travel overseas, gambling is emerging as a major passion and casino destinations, the big draw. Even in their backyard, while some still indulge in the roll of the dice surreptitiously, new vistas of wager are opening up under state patronage across Goa, Sikkim and Daman. In India, the business of casinos alone accounts for Rs 500 crore in revenues, says Jaydev Mody, chairman of Delta Corp Ltd, the biggest organised casino operator in this neck of the woods, with three offshore casinos and…

From IOL Like many visitors to the Casino Royale Goa on a rainy Saturday night on India’s western coast, Salim Budhwani said that he did not gamble but also had no objection to the betting at the busy tables downstairs. Despite socially conservative India’s ambivalence about gambling, consultancy firm KPMG estimated that $60 billion (R601.2bn) was wagered in the country in 2010. Much of the gambling is illegal, but attitudes are slowly changing as more Asian countries embrace gaming as a revenue generator and tourist draw. Legal gambling in the increasingly wealthy country of 1.2 billion is limited to state…