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Posted Mar.5th, 2024, viewed 104 times
India to Legalize Sports Gambling in Response to Allegations of Hooliganism
Indian Government Willing to Regulate Illegal Bookmakers
New Delhi Court Recommends the Move
The Indian government is considering a move to legalize sports wagering in the wake of the 800-million-per-round racket that disrupted Pakistan's tour of England. Illegal bookmakers in India are believed to have been involved in the majority of the 800-match cases, and the move is seen as an important staging ground in the fight to clean up cricket.For more information, you can click through the up coming web site.
According to a source in India's sports ministry, the government plans to re-examine the contentious issue following a recommendation from a New Delhi court. The objective is to see if legalized betting can exist in India without the stigma it currently carries," a sports ministry official told The Times of India.
'That's why we are carefully weighing the pros and cons. The UK model (Gambling Act 2005) is considered quite comprehensive. We want to legislate as soon as possible. At the same time, we cannot rush as we need to convince everyone of the need to legalize betting."
Last week, a Delhi court said that the police had failed to check the menace of illegal gambling and that unaccounted-for money generated by gambling was a source of funding for terrorism and drug trafficking. The court said that legalizing gambling would also generate revenue, similar to the lottery business.
The Guardian also reported that in the UK, the Gambling Commission has been ordered by a government committee to strengthen its intelligence unit across sports and will work with the Home Office and police to investigate the size and impact of the illegal betting market. Anti-corruption experts warn that unless governments and international law enforcement agencies tackle the huge illegal trendsnowcasinos.com in Asia and the Far East, the sporting world will struggle to eradicate illegal betting.
Nick Tofilk, director of regulatory affairs at the Gambling Commission, says: "The complexity of criminal investigations is not well understood. But what makes it even more complicated is that the majority of the gambling we are trying to identify is in very large illegal markets that are offshore. If we look at the scale of Interpol's activities in Southeast Asia, their turnover is in the hundreds of millions of dollars. I think the issue we need to understand is the size and scope of these illegal markets and how they permeate the sport."
Once dominated by the Mumbai underworld, India's gambling market has spread its tentacles in recent years. On Saturday, The Times of India published an interview with Ramesh Bhai, a bookmaker based in the central Indian state of Madhya Pradesh. He claims he is not involved in spot-fixing, but his associates estimate his assets to be worth £1.4 billion.
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