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On July 5th, Indian Law Commission recommended the government to legalize gambling and sports betting in India. Gambling in India was legal during the British time but the first independent government banned it. Since then Indian was turning blind eye towards the gambling sector. However, the picture may change in near future seeing the benefits it can bring to government.

1. Cricket betting in India is already a billion dollar market but completely unregulated and underground. Government is loosing millions of tax revenue
2. It has suggested classifying gambling into two categories, one is proper gambling with big money and small gambling for occasional gamblers
3. Eyeing to boost tourism sector with a huge foreign money turnover
4. Employment generation 

Even though nothing has been finalized yet, but India has shown negative responses towards gambling earlier. However, currently the government is struggling to maintain the treasury deficit within the required limit. Also the changed Eco-political scenario and duty-war among the big economies has led India to think about increasing internal revenue. So things may change this time. Lets hope for the best!

News source 1:
https://blogs.timesofindia.indiatimes.com/toi-editorials/legalising-betting-in-sport-just-do-it/

News source 2:
https://timesofindia.indiatimes.com/sports/more-sports/others/allow-gambling-betting-on-sports-as-regulated-taxable-activities-law-panel/articleshow/64873545.cms

New source 3:
https://www.hindustantimes.com/india-news/legalise-gambling-and-betting-to-help-generate-revenue-jobs-law-panel/story-0oe6dPPdTbKEACaq9wyPYJ.html

I know that Indians were mad at cricket betting and there were lot of money is circulating while the games happening in their country so by regulating means they can earn lot of money,but is they have separate regulations for crypto gambling too?

They are struggling to fight against the underground market of gambling and just like the saying "If you can't beat them, join them."

That's their final choice of regulating and legalizing gambling, just imagine the population of India is one of the biggest and what if big portion of it are gambling.

Tax profits aren't going to the government, Indian gamblers doesn't need to hide anymore.

Yes, as I already mentioned, Cricket betting industry is already a billion dollar industry in India. Cricket is considered even popular than religion here. All these betting money is not going to government and they are unable to make revenue out of it. Legalizing it will have a long lasting positive effect on the economy. Also it will boost the alternate employment market in India. The way Macau and Australia successfully ventured in to gambling market and made it successful for the local government, India will be able to do the same if it is legalized finally. 

I believe that India's legalization of sports betting and gambling can increase the state's revenues and reduce the problems associated with illegal gambling. Since a country can not completely prevent this activity, regulation remains the only option. I am sure that legalization will also help create new jobs and increase the level of tourism.

This is indeed a great news for Indian gamblers. However, gambling is negatively portrayed in India yet there are lot of people who are doing it illegally. As far as I know in India online gambling is in the 'grey area'. With the advance of technology and adaption of cryptocurrency as a payment in online casinos made it lot more easier for people from India to gamble. So, I think more people would be come forward to gamble if it is going to be legal in India.

The government is just looking to collect more revenue.  You see this in a lot of places with legalization of marijuana, they really don't care about citizen's rights.   Governments love to get their hands on any source of money flowing through their country, that's why they hate the black market.

About time. The US has finally come to its senses about legalising sports betting, and India should get on board. God knows how much their economy would benefit from revenue.

Normally wouldn't immediately see it as a good thing but in India's case, it's way beyond control. With regulated gambling, they should also make some headway into match fixing. Cricket there is such a disgrace, but with so much riding on blackmarket betting, who wouldn't throw a few games for easy money?

Match fixing or what still governments will have lot of revenue from gambling because I heard that IPL involves in Billions which is just by illegal gamblers so imagine how much money will get roll over into this field here after,But I doubt that this will be implemented in near future because Indian laws were working at turtle speed in most cases, :D

Worst government I see in this world that is India. Many third world countries from Asia started implementing blockchain project and making people to earn the money over online resources mate. Kindly invest the time and check the good gambling site through out this world.
Do not depend on centralized gambling site as crypto users.
I think people from this forum will looking to get the money on gambling as a anonymous player.

It is a good idea to legalize in gambling so that the government can fully control it will automatically benefit from gambling to further advance the level of quality of gambling in order to attract more rich people to enter, but it will not materialize as soon as there is an agreement with each government to aligned in response to this problem, the technology should be further developed in paired gambling with blockchain for a very clear level of security, anonymity is necessary so as not to risk every gambler.

That's right! This why Indian government recently tried to ban Cryptocurrency and as a result Reserve Bank of India barred banks from supporting Bitcoin. They admitted it has done without proper research. Government should accept new revolutionary technologies.

It is much better for India to  legalize gambling and sports betting Ban anything is easy but if we look history in
time of prohibition in USA we can see that it was mafia best time.It only caused corruption and criminal organisation huge benefit.I think India will need to think about creating some regulations for crypto

No doubt, they would really heading on that way. Good thing that they do consider now to legalize it yet it seems that they cant able to benefit if they would tend to ban or completely block it and now they do revert such decision because they are the only ones who would miss out the chance on getting benefits which would totally help out the entire economy or such country. This is indeed a good news for India.

actually it's stupid that governments don't legalize gambling , like even here in Syria it's illegal to gamble but there are many that are gambling using illegal bookmakers in the country and at any moment these bookmakers may steal the money
it's better for the economy and safer for the citizens , governments should realize that gamblers will gamble anyways no matter if it's legal or not so they better benefit from it and protect their citizens from losing money with scam operators

I find it strange that they're banning cryptocurrencies and legalizing gambling at the same time. So, are they a strict government or not? Both things should be legal, but when cryptocurrencies were, gambling was not, now it's going to be the other way round... Living in a crazy country like that can really have an impact on your mental health :D One day you're playing cards for fun, the next police is breaking down the door :D

India is a country where gambling is in a partially accepted level. Sports betting and several other gambling services were accessible online, but the offline bookie services seems to be under control. This time the offline accessibility through bookies might be under discussion for legal accessibility.

I believe if it was success to Macau and Australia this can also bring success to India's government. At last they have seen that the gambling industry is one of the biggest source of taxation.

They are not only aiming for this industry but they are also into tourism.

Best of luck to them and this can bring them a tiger economy if the progress was good, gamblers from all over the world will start visiting them.

There is a lot of stupid rules and regulations that needs to be changed in India, i hope there will be change in the rule against gay marriage or relationship, they need to legalized those things and they need to legalized prostitution as well as start accepting sports gambling, these things are going on in India in the blind, so what is wrong in have it legal and have a legal framework so that there is no exploitation.

This will be a really good news for tourists and even the locals of India, every time we'll visit we visit Goa to gamble, now this will be a interesting move from the Asian country and it could fill the coffers of government 100 times than what it could have imagined, though I don't expect it'll pass easily there'll be many critics competing in but let's see if they're able to pass it.

yes, and I am sure that India government will collect a big money from this and their people now can play gambling without afraid. but I am worried for that news because it can trigger to another chaos because once the gambler is a loss, they can do whatever things that they can to get more money so they can continue to play gambling. but all in all, I think India is a step forward from the other countries and I want to know more about this and I hope that there no chaos or accident that will happen because of gambling.

Yeah that is the main point that there are millions of gamblers in India and they cannot quit gambling, so the government now decided that they will allow gambling throughout India and by this way they can figure out their gambler numbers.I think it is not good because gambling is a worst game and addicted gamblers lose almost everything in gambling.

Additionally, if I'm not mistaken, they can get some tax from it and we all know that we are talking about huge money here so if my guess is right, their government will rake in gazillion amount of money from the gambling industry in their country. They literally don't have any way to stop it and they don't have the money to waste on putting different gambling services to stop at all cost. It is, in every way, a very logical thinking from their part if you consider all the aspects that is available out there.

Eventually, its about how much money government can get from every activities they tend to pursue and the moment a slight understanding can be ascertained that no harm is done to the populace, they are surely going for it. The point is, its not about the welfare of the people but about what the government will get in its own coffers.

The same government that ban the use of crypto is considering the legalisation of gambling due to the financial inflow that would accrue to them that they had initially detested. That's why I am hope that whatever they launched against crypto is temporary that the moment the income to government is established, they are definitely reviewing their stand.

The current government of India is not doing populist politics at all. What they are trying to do since the beginning of their tenure is to cut down the treasury deficit, which has always been a challenge to all previous governments. So the current government has to take some drastic measures like, withdraw the subsidy from fuels and cooking gas, Option to withdraw the train travel subsidy, Reducing the interest rate etc. So the government is actively looking to increase the internal revenue. That's where exactly we are hoping that the government can take measures to legalize gambling and sports betting. Also treasury deficit is an ongoing matter, so if they decide to legalize gambling in India, that can't be for a shorter term.  

there would be always tax why would they stop their income then goes into their pockets it would be also good for the country if the politicians aren't corruption even tho it might destroy lives of some people. the government knows there are some illegal gambling happening they just let it slip or take actions it would be either.

I've been meeting a lot of players from India on various gambling sites, so I wasn't even aware it was illegal there. :)

Now, after googling the subject, I know that gambling in India is severely restricted except for some categories including lotteries and horse racing. It reminds of the situation in the former Soviet Union where only these two types of gambling were legal and where wholly controlled by the government. Some reports say that the Indian gambling market is around $60 billion per year (USD), half of which is illegally bet. I think legalization will do good to the economy of India, and also I agree with avikz's words above that the legalization can't be for a shorter term.

Well, what can they do when their people is addicted to gambling right? Instead of wide ban or stopping of the Gambling businesses, they should take advantage of it to be helpful in their country. I am not saying that gambling can help a country but the gambling places are a great way to get taxes. In our country, casinos give great taxes to the government since not only it can generate large profit but it also attract a lot of people.

Sports betting is quite legal in so many countries which will not make huge dent in the world however owning a good sports betting company in India where over a billion people lives is quite profitable sounding business. Also if gambling as in las vegas or monaco type gambling becomes legal than maybe online gambling might get available too in which case tech companies love India and outsource stuff all the time to India and they may make an online gambling website based in India as well.

I think that this will defiently enhance the gambling scean in India as if people were not already doing it in the first place under the table, and I am pretty sure that this will lead to many new online gambling sites immerging and bring created from India, and not only that I think that who ever is gonna start a gambling sites will start it their,  since the government will start supporting it, and might even lead to improving the economy.

Yes, there are benefitd which it can bring to goverment but this is a country where there are a lot of peoples and almost all of them are very poor. Goverment has to focus on more major tasks rather than this. When there are poor people, their hope of becoming rich quickly is gambling. So this will cause fatal problems, at least it's my mind and many times proven in poor countries, casinos become top here everytime.
If they want it for tourists, then what about to make them open in very famous places for only non local citizens?

"The government will make millions" is normal and logical thinking but what we have to remember is gamblers in India will have two options:

1. Gambling with a Regulated and TAXED gambling site in India.
2. Gambling with a Non-Regulated and Non-TAXED gambling site in India.

The increase of Bitcoin adoption in India (https://www.cryptogamblingsites.com/country-guides/india-crypto-currency/) and bitcoin gambling sites available currently, means the government has to also "allow" legal gambling be competitive with Bitcoin Gambling sites.

The sports betting and casino sites in a regulated market have lower profits compared to the crypto gambling sites because there are licensing fee's and more staff needed to  ensure compliance with regulation. Look at the UK gambling regulators fines (https://www.theguardian.com/society/2017/aug/31/gambling-firm-888-fined-online-bookmaker-problem-gamblers) the last few months, to see why crypto gambling is EASIER than following the regulations of governments. Gambling sites are EASY for politicians to pick on and assume they can pay more than they already do, this is what creates the unregulated and regulated systems in gambling.

If someone wants the "best" sports betting odds, it is most likely going to be offered on a non-regulated gambling site because they have a higher profit margin without being regulated or licensed. People WILL play on the regulated casinos obviously but the regulators will have to try to stop the crypto gambling sites from allowing India residents, which isn't easy.

I think India is the only Asian country that accepts gambling and sports betting. They know that there are very big bookies in India and they bet on sports with a very high range, that why they request Indian government that sportsgambling should be legalized in India and they will pay tax on sportsgambling. Mostly Indians are criminal and the government decides to control crimes by this way.

I don't understand why you've said "Mostly Indians are criminal and the government decides to control crimes by this way.". Indian underground gambling market is huge but, that doesn't mean mostly Indians are criminals. There are times Indians were addicted to gambling. To control it govt. implemented laws. However, it didn't stop gambling.

It is underground and because the banks in India block the gambling sites from accepting money, can be up and down depending on the transaction type. Same with Paypal and neteller going going down. When covering the India online gambling (https://www.cryptogamblingsites.com/gambling-country-guides/india-gambling/) situation, we noticed Bet365 is still popular with some but it keeps getting blocked from taking Rupee's for sports betting.

Everyone will eventually switch to crypto gambling even when there is legalized offers because the regulated offers will probably betting limits, bad promotions, taxes on winnings and/or bad sports betting odds.

Government won't benefit much or at all from this. There are so much corruption in India, legalizing gambling won't take them anywhere. Its not the sport that is at disgrace, its the fucking people. Illegal betting and blackmarketing is prevalent in every country.

Even if betting is regulated, those people who these bettings underground won't show up. They'd still be doing what they used to. Indian government is considered to be a joke, by a lot of people,in and out of the country. They need to do more than just legalizing it.

That seems to me like a very desperate step towards increasing internal revenue. India surely has serious economic issues as a developing country, but I don't think gambling will change the situation, only due to foreign money turnover, especially considering the fact that the number of FTAs in India keeps increasing and has crossed the 10-million mark in 2017. However, the population in India is about 1.4 billion, so the foreigners make up only about 1%. While 80% of India population are professing Hinduism and gambling is specifically forbidden according to the most ascetic Hindu practices, even though there is no "sin" concept, ideas of karma influence the general attitude towards gambling for entertainment. Not even speaking of the poverty situation, 30% are extremely poor, while about 40% certainly aren't that rich to gamble as well.

Sources:
https://en.wikipedia.org/wiki/Poverty_in_India

https://timesofindia.indiatimes.com/india/foreign-tourist-arrivals-hit-new-high-of-one-crore-earnings-cross-27-billion-mark/articleshow/62531855.cms

https://www.gambleonline.co/religious-views-of-gambling/

Governments sometimes start regulating these things to avoid illegal activities. Currently, the very huge amount of Illegal betting happening in IPL matches in India and the government knows it is not possible for them to completely stop so they want to regulate it to avoid illegal activities.

Even though they allow gambling but don't think they will allow crypto gambling because they already put restrictions on crypto trading so it will be fiat gambling activity.

I become far from clear the policy of India, if they legalize it all. After all, the country itself is an ancient culture, and so will be a lot of gambling and debauchery. Maybe I missed something.  ::)

Correct and that's exactly the reason for Indian government behind this thinking. People are gambling on every sports that are played in India but the governemnt is not making any money out of it. They will impose heavy taxes on gambling if they legalize it after all debates.

Cryptocurrency gambling is not within the scope itself because government has already informed that cryptos will not be considered as a legal tender in India. But I think Indian government is taking one step at a time. Cryptos will have to be legalized eventually just to cope up with the other countries.

Everyone have read the story half that India has formed a legal board to look on the gambling and sports betting to be cashless with virtual currency (bitcoins and other crypto currency) So it clearly means that they are making crypto currency legal in the form of gambling and sports betting and not in other aspects

https://inc42.com/buzz/cryptocurrency-this-week-law-commission-of-india-favours-gambling-in-bitcoin-and-more/

https://news.bitcoin.com/indian-government-crypto-means-of-payment/

It is just a legal Board formation directed by the supreme court of the Indian country.

It is pertinent to note that, this committee has been formed under the watchful eyes of their Highest Court i.e. The Supreme Court of India. The atmosphere in the Asian country has changed drastically, from being sceptical towards the usage of crypto currency, it seems they're keen on taking a more open minded approach which could have a major effect on the prices, as Indians love gambling and are cricket loving people, the stats speak for themselves with high amount of bets being placed during popular cricket tournaments i.e. IPL. This is a welcome move by the Asian country and could lead to more gambling sites tailoring for India.

Yes,India is one of the most populated country of the world where we have more people related to gambling as well so from legalizing the crypto gambling in that country they can make lot of revenue early like you said IPL where more money involving every year through illegal gambling.

In India they raise all these moral objections to new innovations at first.  Ultimately, what makes money for the country will win. That's one thing I've always noticed.  I have a strong relationship with that country.

Its also about unifying the country and allowing business to take place under common ground.   If the common law is to have no income taxes then so be it but if regulation is uneven and favours criminal powers and influence then nobody is benefitting from what could be higher employment distributed evenly by the most competitive and efficient industry.  If the bias is crime and violence then of course gambling becomes viewed negatively



Its a pointless ban, this business is also lost abroad also.   India is changing a number of bad points like this recently to unify the country, it could be a great turn around for one of the largest and potentially most powerful nations on earth.   Good for everyone really if they put their house in order :)

India is famous in sport betting and players manipulations. There are bookies that are activated in different areas and they contact with players and this game becomes so strong. Even sometimes officials from national cricket boards are on this plate too. They all compounded to make this happen. So India is already suffering from this disease.

Wow it’s nice that they are supporting and legalising it. I’m up for the employment increase in their land and I know that there are a lot of people that need jobs and basically it’s a great opportunity.

Whenever I think of gambling, here in asia, is Macau. And it has become an attraction and bring more people which is good for the country too. Great move. Overall I think it’s a good move legalising it and hopefully there are acts with addiction too.

Yes! There were few incidents that surfaced earlier and few known Indian players got suspended for life! There are bookies who tries to manipulate the game to make millions from out desired outcome, however, it's wrong to over generalize things. Not all games are fixed and not all players are bought! Loopholes are there in the system and there are people who are getting benefited from it.

The main agenda of the government is to get tax income from the betting industry. Till now government was not getting benefited because betting is illegal in India. So the struggle is now to get along with the tide instead of swimming against it. That makes both party happy!

Yes, everything is happening underground. People are losing and making money even government has banned gambling so now they want to minimize illegal gambling so they are planning to legalize gambling at the same time government also can make money.


The Indian government is always very slow to implement new technologies. Their telecom industry also very slow, they are just rolling out 4G.

Now crypto trading completely stopped in India except people to people. I don't think they will legalize crypto so soon.

Yes, it definitely make both parties happy but the Indian law commision government don't sign into bill crypto currency gambling all because of tax money, they accepted it because they are in love the potentials of block chain and bitcoin networks and this is why they spent so much time studying it so the could understand very how it both works. However, the cryptocurrency regulations which was postponed will determine the future of crypto currency there though.

I've always been in support of people having more freedom and being able to do what they want.  Why should the government be able to decide what we can do with our lives.  Most people are responsible and can gamble just fine without any negative effects.  

I think yes that can be the only reason which attract the Indian Government to think about making online gambling  legal. But still I think that it may not be so much easy to legalize online gambling.

India legalized the living to together recently and the next day they approved for gambling site usage too. If you want ot invest on the gambling site all the website can be accessed with the Indian IP address.
Last year US government traced and washed out the many gambling site as like that India also panned something for the citizens safety of using our of gambling.

Well i am glad to hear that and i totally agree that india should do that...as peoples in india do betting in cricket specially in IPL in huge amount..even if it is illegal...so making it legal would allow it to take control over it and may be earn some taxes as well.

I have not heard yet if India is planning any such thing to legalize it and do not think they may be considering or will make it legal as they would want to stay away form it and already they have many other issues to handle in their country.

You can check the above comments where it is clearly given details about Indian government thinking of legalizing sports gambling and mostly they are thinking of making crypto payment system legal for gambling.

Yes! Ongoing issues are there that needs to be addressed but that doesn't mean that other developmental activities will be stopped. Things can certainly move simultaneously.

The report is indeed true and the law commission indeed proposed to legalize gambling. But they did not sat anything specifically about crypto gambling.

Such a bad form of government it is if they aren’t catering the rights of humans against the profit they are earning from this gambling thing. Although this gambling might enter some good aspects in their economical facts but that sent good for anyone who is gambling. These people are killing their lives in here and are living a miserable life. Why these politicians don’t care about us?

It will go crypto anyways, why would people bet Rupee's online when they don't even use banks or online banking? Cash is king over there and crypto is picking up because it can't be taken by the banks that go under in India.

Even USA legal sports betting...players are already complaining how bad the betting lines are in New Jersey...that means smart bettors go to offshore unlicensed sites that offer better odds for players... it will be the same in India for sure.

To me I think that it is depending on their religion, if gambling is legal in their religion then their government will also make it legal, but if it is not legal in their religion then people will do protect against their decision for legalizing gambling.

I don't think it depends on the religion. Even epics in Hinduism mentions gambling which existed more than 2000 years before Christ. Still underground gambling activities are live in India worth millions. If religion has any effect on gambling, it wouldn't have existed.

They should seriously consider excluding Cricket betting from this, because the game suffered from a lot of fixing and cheating

in the past and it spoiled the game for me. I know Cricket is huge in India, but they should just allow Sport where "cheating"

has less of an impact on the outcome of the game. A lot of these "cheaters" are professional Sport betting syndicates and they

are ruthless. <Example : Hansie Cronje>  ::) 

In that scenario, the cheaters were liable on their actions and I wonder how those guys performed the cheating? despite of the sport betting game security. As you said here india was a huge fan of cricket, so the game hosts could focus directly to the game strategy. I don't think this game can be excluded, unless there's a massive petition to the online gambling operators to abolish this type of sports betting game.

Cheating is possible in every sport though, boxing is famous for it.  In cricket the biggest danger seems to come from spot bets where the bet is incredibly specific and it seems kind of setup is going to be risky from the beginning.
I dont know about restricting entirely but its not smart to be breaking the game down too much.   They could ask the industry to self regulate and restrict itself to only bets on the overall outcome of the game.  It should be far easier to detect cheating over the duration of the entire match then just 1 single statistic someone placed a bet on.

Well it was severe enough for many people like myself to stop watching Cricket. Why would you sit for days to watch these

tournaments, if they already know what the outcome will be. These guys are betting on every aspect of the Cricket and it got

out of hand. This would be more acceptable if this was local club games, but this is happening in international matches.  >:(

Top 10 popular sports in India :

•Cricket
•Football
•Kabaddi
•Badminton
•Hockey
•Tennis
•Wrestling
•Boxing

maybe this will bring good things for Indian people but I hope that the government can think about the possibility their citizen become addicting in gambling. but I wonder what will happen later if there are many Indian people playing gambling and they use a big money to playing gambling and I hope that there will be no problem in that country as I know that their country has big populations that have strong religion.

Currently, illegal bets are done on every ball or over level so even legalised gambling allow only overall match results for betting these illegal activities will continue.

Once it is illegalized addicted people may spend all their money on gambling and can create other social issues so they need to prepare for how to tackle these issues or put some restrict on each person how much he/she can spend on gambling on a daily basis or monthly basis depending on their earning.

Does not seems that this is even in the talks as India has currently many other things to look for and elections are on the way so everybody would be busy as no one knows what will happen and also the economy is take the financial toll as all markets are falling badly. So do not think they would in between want to do something like this.

This is sad but true! The stock market is heavily falling on each trading day and the value of Indian Rupee is also weakening against dollar. Also rising fuel cost is taking another chuck from the current account deficit. It seems like all bad omen is currently focusing on the Indian Stock market. It is the result of 4 years of financial wrongdoings by the current government. That is also pushing the talks regarding gambling behind as the priority has now changed.

Indian governments were very slow in implementing the new rules because they always need to look for their political parties and election works and as you said the prime minister of India now hated by most of the Indians who is living all around the world for bad government management and religious activities as their main priority than national issues.Indian economy is collapsed at the moment for historical price increase in the fuel prices so this time they don't have much time to look out for gambling decisions.

If they do it it will be good for everyone. The economy will get a boost with new businesses paying taxes and we know that gambling means huge money and huge money mean huge taxes. People will be allowed for some more freedom which is also good. The less bans from the government the better it's a general rule that works every time.

Haha i can believe this news is true not a joke
As i know indian government not allowing gambling in their country it's because against the indian religious
And if i'm not wrong indian government warning to their people to carefull using cryptocurrency because they compare gambling investment because of high volatile movement

Looking at the effects of gambling on civilization, I would say it's not a wise move to make it legal after having it illegal for so long.

Personally, I think that gambling should be controlled such that people cannot lose their life savings over it. Many of the people who take such risks are not mentally competent to understand the risk they are taking, thus when they lose it is hardly their fault.

I would love to see some more humanitarian casinos that do the right thing, rather than being all for profit sometimes.

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I think legalizing sports betting alone would be better than legalizing all forms of gambling because sports betting seems to be a little bit controlled than hard core gambling in the casinos which could ruin an individual completely. I don't think many sports bettors stake high enough to explain bale to ruin a home like at the casinos and so legalizing that lone would have been perfect.

There is no problem with legalizing gambling because it's just a form of entertainment and it could give a little boost to the economy especially
if more investors will operate, as long as it's properly regulated and the rules applied strict for the benefit of all, there would be no problem.
Right now, it's easy to bypass illegal rules on gambling because blockchain is here.

In India gambling is not illegal,some form of games were prohibited and betting on those games is crimes there,sport betting absolutely legal there even they have many apps for gambling where we can easily play with our fiat money by linking our bank account there and most used games is cricket and football and MS.Dhoni is the ambassidar for that app I think.

I guess this will makes Indian people can free to make bets in sports betting since this game attract a lot of people to place their money. And I think the government can also get more income by legalizing gambling and sports betting so they can increase their revenue in this section. But I wonder what will happen with the religion which I heard, they strictly prohibit their people from playing gambling but I don't know the truth. And soon, we will be going to see there are many sports betting site which will launch and the owner is people from India.

In the whole world the biggest number of gambler are Indians. Gambling is a big industry in India and I think this is the main reason that the government legalized gambling there. Bookies may pay tax on their income and is it also good for their government. Gambling should not be controlled anywhere in the world, so it’s better to legalize it and impose tax on it.

Ya it is true that India is having a big gambling industry and in cricket IPL their is more then 10k Crore of value of trading is going on and that too illegally so think it it becomes legal then how much tax government can get through it.

Well, it would be a start of more gambling spree and addicts as far as I am concerned.

I do not have anything against gambling, I only have a problem with more people who are gullible not to think straight and looking for what they should not be looking for in gambling, becoming more exposed to it and that would even keep telling on people who have so little to even live on end up wasting it away all in the name of trying to acquire wealth and riches from gambling, only to find out the reality the hard way and then getting out of it becomes a problem.

Moreover, it is not like it has been illegal right from onset, but at least, now that it has become legalized it shows where the government actually stands.

Yeah there are unlimited sports bookies and betters in India and the government has legalized this gambling because they want to collect tax on this gambling. Sports betting became an industry in India and lots of people are part of this gambling. These gamblers earn millions of dollars from bookings all over the world. Indians are fond of casino gambling and sports betting.

India has a lot of changes to make to come into step with reality. The puritan-like banning of gambling was unhealthy. There has to be a concept of gambling for fun, without fear of losing your shirt. The concept of responsible gambling was needed. India will make a lot of money from this new attitude. I'm so glad about this.

That is the advantage of letting your citizens gamble. Yes, more gamblers might be addicted to gambling by legalizing gambling but the thing is that the government will be able to create great tax reforms on these casinos resulting on great improvements not only on the people but on the country as well. It is not bad legalizing gambling, in fact it is really great.

Legalizing may give avenue for anyone within the age range to end up being able to gamble and sure exposes the community at large to a lot of it. However, how each person end up seeing gambling or perceiving gambling is dependent on them.

I still believe that legalizing gambling is something that is not bad at all as it is better than seeing people try to do things hidden when they realize it is illegal and a lot of criminal activities can go on in that regards, but when it is legalized, the ability to control a lot of things will be there with regulations.

All of my Indian friends tend to be hot on gambling, perhaps it's a cultural thing, perhaps somebody could elucidate?

I think that when gambling is deep rooted into society, attempts to ban it are just going to lead to an underground gambling ring, pretty much like that which was seen with India.

Legalizing it and thoroughly regulating it seems to be the smart and pragmatic approach.

It's not a cultural thing but, gambling has a remarkable influence in the history of India. It is obvious that Indian people really likes to gamble and crypto just fueled the interest by offering anonymous bets. If government is going to regulate and make it legal. It would be good for the country as they can't do much against the underground gambling.

Gambling is a worst thing in the world and if you observe normal people will never gamble. They have no time and money for gambling. If I have 500 in my pocket I would think to take some fruits or other necessities for my family besides losing in gambling, but most of the Indians do not think so and their government knows this very well. That’s why they legalized gambling there.

In my opinion Indians are in great number of gamblers throughout the world. Most of Indians bet in sports because they love sports games and sport betting. There are thousands of bookies in India and they make millions of dollars in one game. Gambling is become an industry in India and that’s the reason that Indian government allow gambling freely.

Gambling would surely boost their economy and there's no solution for those underground gambling that exists in India. Its not them who only tackles with this problematic situation but many countries do so.

They are legalizing it and if you'll search for different Indian-based online casino's, there's too many of it that exists today including the non-crypto and crypto casino's.

A lot of posts have always been wanting gambling to be legalized in some countries, and it's okay because if you manage to think about it when you are winning or losing to the casino, there would still be income for the casino since there are a lot of players there. So it can be taxed.

It is good that they are going forward with that and in some other countries, I'm not sure why they are not yet legalizing it or probably wants to have a cut with the portion of the profit or something. It would be interesting if there were to be news about this kind of stuff.

India is one of the big gambling countries. Most of the people put their money in sports betting because they are fond of sports and especially cricket. They assume gambling as their regular job and that’s the reason the Indian government has legalized gambling in India. It is good for both the gamblers and the government, because if the government ban gambling people would still gamble.

You got a point there, people in India is fond of gambling. We might not see it in our everyday routines but it is in there nature to gamble specially in sports. Maybe the government are planning to legalize gambling but I guess not all should be done.

if the gambling industry can be profitable for the Indian government, of course they will legalize it but does their government not see what long-term effect of gambling is for the economy of its people? even though there are still many poor people in the country? but we should respect the policies of Indian government

And now in India this has been being considered which is good for them. It's either they can't fight with those anymore and they just have to embrace the industry so at the same time, they are going to make money out of those gambler's money.

There's big money on gambling and they are for sure going to get a lot of tax cuts there. Still they have some conditions on what games to legalize.

Then it's a win-win situation for them, and that's just the start. When a lot of businesses/casinos have started, it would still add to the funds coming from it. It's always going to be the ones who believe that prosper, even considering the risk of gambling. Just like you said, they would need to work some things out in the contracts on how they are going to go about it, but in the meantime, they should gamble. lol

Do you know that gambling has destroyed millions of people and families? You say that it is only entertainment and fun, Lol. India legalized bitcoin not because of the entertainment but because the government have imposed taxes on gamblers. It is good for both the gambler and the government as well because now gamblers can gamble legally and government has increased its revenue.

India had allowed gambling long time ago and the reason is that the government knew that people would gamble at any cost. So if they cannot be controlled by force then it is better to allow them to gamble legally and give tax to the government. In west gambling is not assume bad but in Asian countries especially in Islamic countries gambling is sticky prohibited.

For the government usually it is a win-win situation for them, they are would just give requirements and other setup of arrangements for those gambling businesses to operate. Now that gambling seems to be adopted there though with some restrictions.

I'm looking forward for the time where they will integrate and consider cryptocurrencies. As we know, crypto gambling is another big industry that they should include to be legalized.

It is and I think it's a tactic to have them illegalize gambling then up the price of making a casino, so it's, even more, a win-win situation. I'm not sure if there are bitcoin land casinos now, but I know there's a topic that I read here that a famous casino in Vegas started accepting cryptocurrency.

What I don't want, in my opinion, is that they try to control that is something for the people. The purpose that it is decentralized.

It is good for the Indian government. They can collect huge taxes on crypto transactions. When they allow gambling people would gamble freely as they already gambling without regulation of the government, they would better help their economy by collecting money from all over the world. Other countries should also legalize gambling because it cannot be stopped.

What would you expect from the government? They can make any decisions into things if they saw that it can benefit them.If they accept and legalized gambling on a particular country then its a good
thing for those gamblers out there who do play illegally or on shady ways. Government always have that win-win situation.If they saw that gambling business is on demand then they would allow it
and impose tax at the same time, then we would know on what would happen next.

There is a lot of money to be made from the legalization of gambling and sports betting and it's not surprising that the governments decision to make it legal. Because people are going to gamble whether it's illegal or not so why not make legal and get money from taxation.

Well, India have already legalized gambling but their level of legalization is different to others countries which have legalized gambling in the past due to India taking tradition with high extreme. Therefore, physical gambling was accepted everywhere while online gambling was only accepted in Sikkim and Telangana (https://iclg.com/practice-areas/gambling-laws-and-regulations/india) and two person (https://m.timesofindia.com/city/surat/2-held-for-running-gambling-racket/articleshow/66308289.cms) was arrested today for operating an online gambling.

Most of the Indians are involved in sports betting and due to sports huge betting India government has decided to legalize all kinds of gambling online or offline. Now people have no fear to be arrested by law enforcement agencies. I think if all governments in the world legalize gambling they can generate handsome revenue from these gamblers because they are very large in number.

The indians does like sports betting but what you said about people have no fear of been arrested by law enforcement agency and about their government legalization of betting both offline and online which was truth but complicated because online gambling or betting was restricted in some parts of the Indians state even almost 10 people were been arrested for violating the online restriction rules and regulation on Tuesday.

Still 4 states are not legalized the gambling they are, Telangana, Orissa, Gujarat & Andhra Pradesh. Apart from this other states are legalized in gambling and even online gambling site have forbided this states users to play.

No, you definitely misunderstood every thing . Like i said earlier their legalization in Indian is complicated and Orissa and Andhra Pradesh prohibited gambling but Telangana state still have conflict over gambling but yet to decide if they ban or not while Gujarat prohibited online gambling and advertisement of anything related to gambling.

Its ridiculous to consider charges for such an idea of crime and restrict peoples freedom in this way in any case.   I dont know if somehow the impetuous came from a religious angle to restrict the idea of risk or bad use money as I believe thats the case in the Muslim faith and Pakistan restricts gambling but that business continues in an underworld way anyway.   As said it makes little sense from a capitalist or fiscal point of view to deny a country a legal share of revenue which in any realistic way will continue within a population anyway.

I think its the case often in India restricts business for the 'greater good' but in recent years has tried to open up and allow innovation and modern advancement because of an obvious benefit from business development.   USA of course famously also restricts gambling but recently has or will also uncap this avenue if I remember right.  In general I think its very much a positive for society in general to allow any honest business to deal in the open

It was ridiculous but you shouldn't be surprise about the Indian gambling legalization and restriction because India was a country with policy and their government are always force and control things for their own selfish reason without thinking of the country and individuals benefit. However, I also believed Islam side will be state that restricted gambling because gambling was restricted in few states and the Islam controlled 14.2% of the country.

That is for the first time I am hearing about it. I think that in modern time most of the people have stopped plying gambling in casino, they now giving more preference to online gambling as compare to casino. I think that very soon india have to change their decision about online gambling.

India central government decision on crypto currency trading,buying and using will determine if the Indian government will change their decision because there's currently a lot of debating going on their concerning crypto currency. I won't be surprised though because Indian is a tradition country nothing to be expect in such country than the old fashioned ways.
Lets hope they totally legalized bitcoin.

Check with local online site where when you open account they give warning that if you are residing in this states then dont open account and even if you IP address show this states then this sites wont open or you wont be able to play cash games. As i have experienced it. once my IDEA sim gave IP address of Telengana and i was not able to play rummy games. after the IP address location changed i was able to play.

You definitely don't understand what I'm trying to say when I said Telangana currently have a conflict issue going on and they are yet to ban gambling. They currently allow physical playing of rummy at the game spots while online gambling provision or playing of rummies is forbidden which the reason the IP address you mentioned was blocked.

What's the problem to legalize this system in all countries? It is disappointing that states restrict people's freedom. In addition, gambling perfectly replenish the budget of countries through taxes. So why not let people do what they want? The only correct solution here is to limit gambling in any way, but not to prohibit them!

India is one of the big gambling countries especially in sports betting. The big bookies of the world are in India. Government has realized that gambling is a big industry in India. They should legalize it and impose tax on big gamers and bookies. It is good for them because people will gambler on any cost. Nobody can stop gambling in India.

India is possibly one of the most important countries over the next century because so much of their population is below 30, its a majority for sure.   This implies high growth and change to the current economy.    Anything is possible but they have to embrace the possibilities of allowing free trade by their people.

It is better to allow legal business and apply a tax if reasonable then to bar and send the industry and its revenue to criminals


I think both subjects are quite close because India restricts even the free exchange and import of gold because its commonly used as an alternative value holding to government money.   Theres more to be gained from allowing citizens to be profitable and free in their trade then trying to restrict it, theres a good chance of India recognising its own growth potential and benefiting from that self knowledge

Just like film industry, gambling is also an industry and very big personalities are involved in gambling there. Government can collect big revenue from these gamblers when they include gambling in taxation. I think that other countries should also legalize gambling in their respective countries, so that people would also gamble freely without any restrictions.

Yes, this will definitely have a good impact on state revenues. But on the other hand it might cause new problems, of course all know gambling can have an impact on addiction. When you are addicted to gambling, of course someone will do whatever they can to get money to be able to gamble again. What is feared here is that if gambling addicts are determined to commit criminal acts in order to earn money, the Government certainly has to think carefully about it.

we see the progress of how the government is regulating gambling in india. if it is felt that it can generate profits for both parties, the regulation of crypto will also be realized.

And if finally, the regulation applied to India, we can see that India will grow their financial economic and they can compete with the other country. It will give more income to the country as we know that from the gambling section, the government can take big money from each of the gambling places. But in the other side, there will be more people who will come to the gambling and spend all of their money because they think that playing gambling can give them a good income if they can win the game.

Govt has made no progress in term so gambling. As the law states on land people cannot gamble so only certain part of the country their is gambling which happens on ships. In future might be if some government looks interesting might make gamble legal or will remain constant as what current law states.

Do India also legalize crypto ?
I think it's useless if they legalize gambling but not crypto.

But if both of them has been legalize, it will bring massive impact especially on crypto because India has huge amount of population so if there is uptrend because of India, I won't be surprise at all !

As far as I know if the RBI has banned cryptocurrency because it does not have an existing legal framework and the RBI states that cryptocurrency cannot be recognized as a legal currency and a legitimate payment system. So with such an issue I'm sure India will not legalize cryptocurrency. If they only legalize all types of gambling, I am sure it also seems that there will be crypto transactions in it whether online gambling or offline. So the legal or illegal crypto I'm sure will still be usable in many sectors.

I don't think that this will ever happen. India is a country with archaic rules and regulations. They are trying to ban all sorts of crypto-currencies and the users are under constant harassment. And you expect them to legalize gambling?

I also agree.Even before legalizing it,negative news are already coming out against gambling.But still the last decision would be from their own government.Gambling is already legalized from other countries so if India wants to join them,then gambling will already exist in India legally.Gambling is not really bad as long as there are regulations that should be followed in gambling.

Everything can be possible to happen in the future as we don't know what will the India governments want to do with the cryptocurrency. Maybe they will ban the crypto, but they will allow their people to use the crypto for useful purposes as they know that crypto can give new hope to their people. But still, the India governments need to think about the risk of legalizing gambling in their country because this will makes many of their people will playing gambling.

 

They removed types of bank note from the economy even and with no notice to holders, so a pretty strict regime to live under.    The RBIseeks to include more of the cash economy in government revenues and unite a divided country of epic size.    Some of that will be productive but also they are in danger of generating too much paperwork to conduct business instead of reducing barriers between different parts of the country.
The reason we can expect quite harsh treatment of any alternatives to Indias rupee is that the country is running a deficit in its budgeting and needs to raise amount of tax taken.