New report illustrates what India’s gambling regulation should look like
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New report illustrates what India’s gambling regulation should look like. A number of states have rolled out their versions of the so-called regulation in an attempt to govern India's thriving online gambling industry.
New report illustrates what India’s gambling regulation should look like. India's online gaming market is flourishing. The Supreme Court has consistently held that skill games are legitimate and constitutionally protected commercial activities. The high courts have overturned the online gambling bans set out by the states of Tamil Nadu and Kerala on grounds of illegality and unconstitutionality. Karnataka High Court is mulling the petitions filed by skill game operators seeking guidance on the statewide blanket ban.
New report explains what India's gambling regulation should look like. Sweden saw a growth in unlicensed casino operations after its gaming authority imposed too many limits on licensed operations. The report also explains that the government-mandated standards should take into consideration the key aspects of the industry. It should be mandated to pay state taxes and abide by local laws, self-regulate, allow responsible marketing and ensure minors are protected. The benefits of such regulation range from consumer protection to taxation and job creation.
