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In another positive step, the Supreme Court asked the organization to study the possibility of betting on cricket. It’s the national sport, but has been besieged by match-fixing scandals by organized crime and large amounts of illegal betting. Changing the\u00a0law to legalize most forms of gambling would \u00a0take away the power of cartels.<\/p>\n<\/div>\n
\u201cAccording to the Public Gambling Act (1867), all kinds of gambling in India are illegal,\u201d said Vikrant Pachnanda, a Delhi high court advocate and managing editor of India Law Journal<\/em>, a periodical that expresses views on topical legal issues. \u201cBut unlike in the US where there is the American Internet Gambling Prohibition Act [editor’s note: this bill was defeated in 1999, presumably he means the Unlawful Internet Gambling Enforcement Act of 2006, which did pass<\/em>], no specific laws exist in the Indian system that bar online gambling.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"India is the latest country to examine the possibility for legalizing gambling, and appears open to changing existing statues.\u00a0The Law Commission, the country\u2019s top law panel, is reviewing the feasibility of making sports betting and casinos legal, as well as other forms of wagering. The motivation is financial. The Indian gambling market, both legal and […]<\/p>\n","protected":false},"author":42,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,13,18,1074],"tags":[],"acf":[],"yoast_head":"\n
India Contemplates Legal Casinos and Sports Betting, $60 Billion at Stake<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n