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India's Laws

There is a push right now throughout the online casino gambling industry for new legislation in the country – India has the largest population in the world and the economy is growing significantly because of outsourcing and new job creations in the country. With all of the Western money flooding the pockets of the rich, the online casinos are really pushing for more open gambling laws in Mother India. The potential for a full and lucrative sportsbetting industry is really positive and there are other sectors of the online casino gambling industry that would surely prove immensely popular if there were changes made to the Public Gaming Act – a piece of legislation that is very outdated and in desperate need of an update.

The crux of the dilemma in India right now revolves around the fact that offshore online casino gambling is very hard to control and the Indian gaming laws have no real way to enforce restrictions on the industry as they are currently written. There are dozens of alternative and creative payment methods a the online casinos and a ban like the US ban would undoubtedly prove just as ineffective.

So, that asks the question, what is the developing world to do? There is so much money in the online casino gambling industry that the potential to solve some major budget and funding issues in the economy are right there if the government were to have the right taxation in place. If you ask experts in the industry though, new and revamped online gambling laws are a pretty long way off in India despite the fact that an updated Public Gaming Act is desperately needed.