All you need to know about Gambling Law - Krida Legal

 Krida Legal-Assuring legal empowerment on gambling laws

The Public Gambling Act 1867 which was enforced before independence and governed gambling and betting activities in India constitutes the Gambling Laws India. These were adopted post-independence in the Constitution of India. The Seventh Schedule, List II (State List) of the constitution vests the power to the state governments to create laws regarding gambling and betting activities for their respective states. Enlisted under Entry 62 of the State List is the authority to create specialized taxation laws on betting and gambling as elaborated by a legal expert at Krida Legal.

Gambling Laws India


Various state laws enacted with the intention of dealing with gambling and betting activities are West Bengal Gambling and Prize Competition Act, 1957, Bombay Prevention of Gambling Act, 1887, Punjab Public Gambling Act, 1961, Kerala Gambling Act, 1960, Goa, Daman and Diu Public Gambling Act, 1976 etc. Various states such as Goa and Sikkim have legalized gambling and betting. Most of the other states are averse to the game of probability ie. Practicing gambling and betting (with exceptions such as horse racing, some card games etc.) can have serious legal consequences.

Despite the potential of earning high revenue and the unwavering popularity of gambling and betting industry in India, Gambling Laws India are ignorant towards improvising the gaming industry. A few exceptions such as The Goa, Daman and Diu Public Gambling Act, 1976. Allows gambling at licensed five-star hotels in Goa only after procuring approval and authorization of the state Government. A specific recurring fee is to be paid regularly to extend the validity of the license.

Online gambling activities are not directly regulated and despite different laws such cyber laws, internet intermediary compliances, cyber law under the Information Technology Act, 2000 working towards regulating this industry. Any server outside the Indian territorial boundaries can be used for betting and is unregulated. Technological advancement has made the sector even more vulnerable whereby proxy sites exploiting the loopholes present in the gambling laws. Despite little scrutinization, violators are treated as criminal offenders.


Get expert online legal guidance on the Online Gambling Laws in India at a well-known legal firm KRIDA LEGAL at http://www.kridalegal.com/practice-area.php

Comments

Popular posts from this blog

Krida Legal- Assuring empowerment on gambling laws

Seek legal advice from Crypto and NFT lawyer at Krida Legal

Get legal advice from Fantasy Sports Lawyer India at Krida Legal