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ARTICLE · 15 JUNE 2021

Ludo Needs A Bit Of Luck, Or Not!

Gambling in India faces a peculiar predicament. It's our worst kept secret. The blanket ban in India of any activity that constitutes ‘gambling' has existed since the British-Era, and ironically, ..

IndiaCorporate/Commercial Law

Gambling in India faces a peculiar predicament. It's our worst kept secret. The blanket ban in India of any activity that constitutes 'gambling' has existed since the British-Era, and ironically, has not undergone significant modification since that century. However, practices and businesses have evolved, technology has taken centre stage, and the human penchant for exploiting loopholes has been put to good use in coming up with ways that allow it to circumvent the law. For instance, the Federation of Indian Chambers of Commerce and Industry (FICCI) estimates India's illegal betting market to be a whopping Rs. 3,00,000 Crore1  at the very least. Furthermore, a significant number of India's youth population has turned to online gaming for its easy availability and this number has only climbed further in the onset of the Covid-19 induced lockdown across India.

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