India may opt to legalise gambling business

Gambling business is flourishing in plenty of countries; however, there are also many of those in which this type of activity is prohibited, including India. Nevertheless, the latest news report about possible future changes in this issue. At the
Gambling business is flourishing in plenty of countries; however, there are also many of those in which this type of activity is prohibited, including India. Nevertheless, the latest news report about possible future changes in this issue.

At the end of May, the Law Commission of India made a public notice addressing all those who might be concerned. The notice invited stakeholders and general public to introduce their opinions and suggestions on gambling in the country and its legal status.

As it is also expressed in the notice, despite gambling business in India being banned, numerous media reports clearly point at the existence of illicit casinos all around the country. Even strict legal measures aimed at eliminating illegal gambling businesses are not leading to projected outcomes.

Thus, the Indian government has chosen to go another way and consider the possibility to legalise casinos. Reasonable legislation in this sector would help to create jobs, increase tax revenues and generate income. Besides, India would be able to compete in terms of gambling with such prominent countries of the Asian region as Japan and the Philippines.

Jun 5, 2017
Igor Rumyantsev
Igor is the Head of Banking and Licensing Department at GamingLicensing who has over 15 years of experience in the industry. He is responsible for game and payment system integration, iGaming product licensing, and B2B certification. Igor is an expert in the gambling sector and game licensing. He keeps a close watch on industry trends and is always open to new ideas that can improve GamingLicensing’s services and help our clients.

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