🖐 Should gambling be legalized in India? Advantages, Disadvantages and conclusions

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The Law Commission of India's endeavour to study the issue of whether or not gambling and betting should be legalised in the country is.


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Check To Online Gambling! - YOYO Times

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With the Law Commission of India recommending that gambling and sports betting be legalised, we examine other governments that taxed.


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Should Betting Be Legalised in INDIA ?? - Public Hai Ye Sab Janti hai - JM JEHERANIUM

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FICCI and the AIGF (All India Gaming Federation), in a joint session on July 29 Proponents of online betting insist that this concern will be that beyond doubt that the money derived from the prevalent illegal sports betting.


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Make gambling, betting in sports like cricket legal and taxable: Law Commission

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There are both pros and cons of legalizing betting. First, legalizing will bring in a lot of revenue and generate employment. Second, it will reduce the monopoly of​.


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"Betting Should Be Legal In India" - Vindoo Dara Singh

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The Law Commission of India's endeavour to study the issue of whether or not gambling and betting should be legalised in the country is.


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Why gambling is being legalized in india?

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Detail description and answer of Gd topic:Gambling/Betting should be legalized in India! BETTING IN CRICKET - SHOULD IT BE MADE LEGAL?;.


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Betting Legal in India

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With the Law Commission of India recommending that gambling and sports betting be legalised, we examine other governments that taxed.


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Legalise Gambling, Betting On Sports, Says Law Commission

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FICCI and the AIGF (All India Gaming Federation), in a joint session on July 29 Proponents of online betting insist that this concern will be that beyond doubt that the money derived from the prevalent illegal sports betting.


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Law Commission ने दिखाई Gambling को हरी झंडी - [UPSC/State PSC] Current Affairs by Manvendra Sir

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Sports betting should definitely be legalized. If sports betting isn't being made legal,punters a still going to endup placing bets with European and Australian firms .


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Desh Deshantar : सट्टेबाज़ी को मान्यता - Should gambling be made legal

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Gambling in India is heavily restricted except for selective categories including lotteries and horse racing. In the 21st century, more people have started making cash bets upon prohibited betting and gambling activities in India. Further, online gambling is a banned offense in the state of Maharashtra under the "​Bombay.


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Should gambling/Betting be legalized in India? - {UPSC, IAS, SSC,All Govt Exam}

Heavy fines and severe punishments should be imposed on those involved instead. I don't agree with the point that all the black money betting will be white by legalizing betting. Three, A large percentage of black money can be abolished. Do this and it will save the sports especially cricket. If sports betting isn't being made legal ,punters a still going to endup placing bets with European and Australian firms via e-wallets,friends or other illegal organizations where our government india would not even get the revenue. Load More Arguments. Two, The chance of people defaulting will reduce drastically. It is certainly true that spot fixing etc. This further leads to increase in unrest and addiction among the youths towards betting. Moreover, legalizing betting and gambling along will not ensure illegal activities going on. Also govt can tax it and get an income from it. Some time works some time not just like a lottery And as we know how our young generation wants money faster, they egrly fall into gambling or betting and starts depending on it. Our abject failure in bringing people who have amassed huge illegal wealth by dubious means in the tax net should not be reason enough to legalise gambling. Posted by: upendra Report Post. Posted by: Shravanm Report Post. No comments yet.{/INSERTKEYS}{/PARAGRAPH} By legalising betting we are exposing the entire nation towards gambling including juveniles who are already spoiling because of alcohol. India , Uruguay. One, The govt will earn a huge amount of revenue. Increase in violence and crime rates will be rampant. Legalizing it has plenty of benefits. If legalized this class will enter which may be detrimental to economic stability of the families. Reduce the corruption in the game: Now because the betting is illegal and the huge money that is offered by the bookies, who are not caught, the players will be tempted to take the money. Similarly, our youth would take up gambling and hard work will have minimum place in their lives to earn money. Already a lot of people are betting in non legalized where people some time gets cheated also. No middle class indian is investing his saving now but by legalising we approving that directly. Should betting be legalized in India? Legalized gambling isn't going to turn everybody in India into the guy buying scratch cards at the gas station until he's broke, I'm sure a majority of the population can handle the risk involved. I think these both problems can be solved by legalising betting as the government can earn taxes and the people can get employment from my point of view betting is another game with economic benefits As we think about the middle class man they are more prudent than the rich and they very well know where to invest their hard earned money This is the best solution to prevent match fixing issues to happen again. Its time Indian Government act and legalize sports betting in india. Post Your Opinion. Since ancient times, it has been seen as a major cause of moral and monetary bankruptcy. Four, Match fixing will almost come to end. It is good Betting increases revenue for the game and provides more jobs and occupation in the sports industry this is also a method to convert black money into white money which is good for the country to ensure no match or spot fixing takes place the indan govt. Can be a cause of exploitation for the middle class and lower class as their aspiration to gain quick wealth finds a way. If its regulated in well manner. More tax generated at the cost lose of money from poor and middle class people. If you legalise betting like many of the wester countries have done You have the chance tk regulate it using youe laws so people dont end up ruining families. Report Post. Like Reply Challenge. Has come up with rules like The Indian Contract Act, Gambling has been taking place in India, Is still taking place and will continue to happen in India. Players are also involving in it Think when people already know the result of matches Before doing something we should thoroughly gauge its efect on indian society. Also this will allow to reduce the amount of black money as the winnings are usually taken as cash for which tax is never paid. Think how do they use if they earn lot of money by gambling 4. I regulated practice is much better dan a unregulated illegal one. Create New Poll. It is a moral wrong In Indian society gambling is consider a root cause of many problems like addiction monetary loss property loss and leads toward bankruptcy which ultimately start a chain of problems many are house hold problem the money that earn by hard means lost just in few minutes leads to frustaion and domestic violence negligence of family and children Report Post. In Indian society gambling is consider a root cause of many problems like addiction monetary loss property loss and leads toward bankruptcy which ultimately start a chain of problems many are house hold problem the money that earn by hard means lost just in few minutes leads to frustaion and domestic violence negligence of family and children. Can we develop welfare society at the cost of troubling these classes? In a country like india where government fights to raise fund and the people fights for employment. And also govt is not earning anything from this, once legalised Govt will earn and criminals will not earn anything. Sign In Sign Up. Google Search. This will also reduce Black money, As money used in betting is always black. Lottery is another example where most of the people who have lost their saving particularly middle class. Like Reply. Most people can maturely handle the risks that come with gambling, it's a pretty minor percentage that allow themselves to be ruined by it. Posted by: kaviprakash Report Post. It will decrease corruption and black money in india.. It will expose large teenagers and youth into business of gambling which has huge ill impact on the society. Its on our govt to take benefit of it and legalize it. {PARAGRAPH}{INSERTKEYS}Betting increases revenue for the game and provides more jobs and occupation in the sports industry this is also a method to convert black money into white money which is good for the country to ensure no match or spot fixing takes place the indan govt. Its having a vast disavantages.. India should stop following old outdated laws which have no value now. Black money money betting will remain black. After all more money earned by the government will be from these classes. By using this site, you agree to our Privacy Policy and our Terms of Use. Comments 0. We should not compare our nation with western countries where most of them do critical thinking before doing something which is absent in our country. Maximum words. Middle class is not involved in betting right now. More people will be attracted towards gambling and will drain out their life long savings. There's again no guarantee that it will generate revenue as projected in a scenario where more radical reforms like demonetisation have not been able to make any significant change in revenue inflows and curbing black money. If the batting is made legal and the bookies are registered, the players might be wary of making transaction with them. Betting should be in India as it could become a great source of revenue for the country and help it continue to flourish. Legalizing betting and gambling will lead more and more youngsters to move into this area as it is a quick way to earn money. By allowing people the gamble they would have an opportunity just as American's to turn their wealth around on the drop of a dime, and the country could use its profits to help fix many parts of the impoverished country. This has to happen. No guarantee that legalising regulated betting will stop players from being a part of betting rackets. Add a New Topic.