Rumours are abuzz about Indian government’s plans to regulate online gambling in the country. Overall, gambling is prohibited in India, apart from a few jurisdictions. However, there have been recent staccato calls for legalisation of online gambling. In fact, there exists a few companies who make use of the grey area in the legality of online gambling in the country and offer their services in a surrogate manner.
The recent rumours find their origin in a 150-page long report addressed to the government from the Law Commission of India (LCI). In this report, the LCI recommends the legalisation of online gambling in a regulated manner because it observes that the government cannot practically prevent people from accessing online betting sites. The current law has no provision for this.
The LCI also points to the immense potential for tax revenue that the federal government could benefit from, should it choose to regulate online gambling. In recent statements, the Indian government have said that they are looking into the reports from the LCI with maximum interest.
Despite all this, the rumours are unlikely to be true in the immediate future. The current central government is nearing the end of its five-year term. The general elections will be held in May later this year. The government, which is facing a tough battle for a second term, may not risk doing anything unconventional or what can be dubbed as politically incorrect at this juncture.
