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Krida Legal: Legally Simplifying online gambling 

Gambling is a massively popular leisure activity in countries such as Australia, South Africa, USA, Brazil, Hong Kong etc. as the rules and regulations are well defined. Gambling is a huge industry providing high end economic dividends to these countries. But when it comes to India the gambling industry is all hushed-up due to obscurities in the legal framework governing it. KRIDA LEGAL, an eminent law firm elaborates that not many are versed with the fact that gambling is legal in Goa and Sikkim as per Gambling Laws India.


Gambling Laws India


The legal guiding principle defined in the Public Gambling Act 1867 outlines as the Gambling Laws in India. When the Constitution of India was reinforced on 26th January 1945 these laws were adopted to govern gambling activities in the country. Along with betting, gambling is also enlisted in the Entry 34 of the State List (i.e., List II of the Seventh Schedule). As per the law, the state legislature has discretionary rights to create laws related to betting and gambling for their respective governing states.

A lawyer, from a well-known legal firm KRIDA LEGAL having years of legal expertise in online gambling laws in India, elaborates that despite the popularity and huge revenue potential gambling and betting activities in India might generate but this industry is still untapped, and not effectively regulated. The enactment of the Goa, Daman and Diu Public Gambling Act, 1976., was a historic act as it provided regulated legal infrastructure to allow gambling to flourish at various five-star hotels in Goa. For this purpose, an authorized license needs to be acquired from the State Government. A specific recurring fee is needed regularly to renew the license.

Execution of Gambling Laws India faces different challenges such as the absence of proper legal procedures for regulating betting activities in the country. A server registered outside the country premises can be used for betting and can flourish unregulated. This is because of the flaws in the internet intermediary compliances and cyber laws. With technological growth the sector of online gambling has been rendered vulnerable. 

 

KRIDA LEGAL a well-known legal firm facilitates legal assistance on matters pertaining to online gambling laws in India.

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