20.122018India Remains Uncommitted on Gambling Issue
The legalisation of online gambling in India has been a hotly debated issue in recent years. It has been claimed that legalising online gambling could increase tax revenue and tourist revenue, but it has also been claimed that it will increase problem gambling and the social issues that go along with it.
It’s a story we have all heard before, but while many believed that India were planning to make the switch and finally allow legal online gambling, that may no longer be the case.
Online Gambling in India
This week the Indian government reaffirmed their stance on online gambling, which is illegal throughout India but for a few grey areas. However, there is still a chance that their opinion will change and that the laws will change with it. The issue seems to be whether or not online gambling can be controlled.
In other words, they are not necessarily focusing on how much money they could make if gambling were legal, but on how much it costs to maintain its illegality versus how much it would cost to change the law.
The issue with online gambling is that it is not as easily taxed, and allowing online gambling but insisting that players go through government owned sites is a near impossibility. It is something that a few provinces in Canada tried, but they ultimately failed. If they make gambling legal in India then it will need to be legal across the country, which means that the majority of players will likely opt for the big European sites and not for any that are established in India.
It remains to be seen whether there will be a change and how that change will impact on the current rules, which are very strict. If such a change is implemented then it may also impact offline gambling, lotteries, scratch cards, sports betting, and other areas, leading to sweeping changes across the country.
Only time will tell.
Super-Fast GoGoCasino Launched by Leo-Vegas27.03 2019
NetEnt Expand into Key US State21.03 2019
116 Swedish Gambling Licenses Issued: More on the Way13.03 2019