With a population of 1.3 billion and a GDP of $2.4 trillion (dwarfing that of Brazil, Canada and Russia amongst others), describing India as an ‘emerging market’ is something of an understatement. As things stand, gambling in the vast South Asian nation is heavily restricted, other than selective categories such as lotteries and horse racing. The model is similar to …
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Last month, the Law Commission of India (LCI) found that arguments in favour of relaxing the country’s gambling ban far outweigh those highlighting its immorality. As things stand, gambling in India is heavily restricted except for selective categories such as lotteries and horse racing. However, the LCI’s 267th report recommended the full legalisation of regulated betting and gambling activities, albeit …
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Earlier this month, the Law Commission of India published a 145-page report that recommended the licensing and regulating of gambling in the vast South Asian nation, as a way of curbing the rise of online betting activity. We caught up with two of the sports betting world’s most respected legal figures, Giulio Coraggio and Vincenzo Giuffre of DLA Piper, to find …
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Sports betting integrity body the ESSA has welcomed a report that recommends licensing and regulating gambling in India. The 145-page report, published by the Law Commission of India, concluded by saying that “there could always be an option to have a relook at the earlier approach of a complete ban”, due to the rise in online gambling making it far …
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India’s Sports Minister Vijay Goel has personally stated that at present there are no plans to fast track legalised sports betting. Responding to rumours, Goel stated to Indian media that the Sports Ministry had made no proposals or recommendations on sports betting. As leader of the Sports Ministry, Goel reiterated that discussions were still taking place between the government and …
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