Regulating sports betting in India is not the question. The question, as articulated by Justice Mukul Mudgal, former Chief Justice, Punjab and Haryana High Court and Chairman, SC-Probe Panel, IPL 2013 Betting and Spot Fixing Scandal is, why regulation is slow to come by. Speaking at the FICCI Conference on Regulating Sports Betting and Sports Law here on Saturday, Justice Mudgal gave several reasons for regulating sports betting with a sense of urgency. He said that the Government can earn substantial amount of revenue from taxing these activities; it is taking place in an unauthorized manner in the country which…