Asia

Maharashtra Government to Consider Legalisation of Online Betting

Published

4 years ago

September 22, 2020

Maharashtra Government to Consider Legalisation of Online Betting

Reading Time: < 1 minute

The Indian State of Maharashtra is planning to legalise online betting. The proposal has been mooted over by the ruling party NCP and it wishes to follow the footprints of Sikkim.

The state is eyeing the legalisation of online betting to generate revenue for overcoming the COVID-induced financial crisis.

An NCP cabinet member stated that the online betting and gambling market is booming in India despite the fact that it is illegal. There is no way to completely stop these activities; therefore, it would be better if the State capitalises on this industry.

“If we impose GST on the transaction, we expect to mobilise at least Rs 2500 crore from the operators,” said the cabinet minister.

A high task committee was set up by the government which studied the idea of legalising gambling.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.