From The Times of India Veteran actor and housing minister Ambareesh, was recently felicitated by Mysore Race Club, at an event which was recently held at Mysore. He was felicitated along with ministers V Sreenivas Prasad and H S Mahadevapa. After receiving felicitation, Rebel Star Ambareesh said, “I have named one of my horses as My Ambition. The name was kept after my dream of watching Wimbledon and owning a horse was full filled,” he said. The actor also had a piece of advice for those people who think racing as gambling. “Race should be treated as a sport, which…

From Washington Post Cricket is a religion for many Indians. But, of late, this religion has been somewhat soiled by allegations of players working with illegal bookmakers to fix not only the outcome of the matches but also specific bowling and batting action in the game. Now, some Indians are saying that, as a solution, they want the practice of sports betting to be legalized. A survey conducted among 200 businesses by the Federation of Indian Chambers of Commerce and Industry reported that 74 percent of respondents voted that “legalizing sports betting will help curb match fixing problem.” Indian law…

From Reuters Like many visitors to the Casino Royale Goa on a rainy Saturday night on India’s western coast, Salim Budhwani said he does 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 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 lotteries, horse…