India

Delhi police on Saturday busted an illegal online gambling racket on an IPL qualifier match, arresting seven people.

Gambling operators will soon have to succumb to hefty taxes following a ruling which will see all gambling businesses placed under India’s highest tax bracket.

Baadshah Gaming, a poker and fantasy sports portal has entered into a strategic partnership with Mojo Interactive Services India, a subsidiary of Canadian gaming software provider Mojo Games, for their poker solution.

Online poker giant Pokerstars has announced there will be a delay in its plans to launch an India website by at least one to two quarters, according to remarks from Amaya Group CEO Rafi Ashkenazi.

India’s powerful Law Commission acknowledges that the government would raise substantial revenue from regulating the country’s estimated $60 billion gambling industry, but hasn’t decided whether to throw its weight behind efforts to legalize the sector.

 

The horse-racing circuit in India is on its summer break, but off track the industry is lobbying hard to mitigate the effects of a proposed Goods and Services Tax, which officials say may be the death knell for some of the country’s clubs.

 

The horse-racing circuit in India is on its summer break, but off track the industry is lobbying hard to mitigate the effects of a proposed Goods and Services Tax, which officials say may be the death knell for some of the country’s clubs. A council charged with assessing GST limits will meet in Srinagar next week and its decision is likely to be crucial for the industry.



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The Gujarat police have conducted yet another raid on a poker room, the third in recent times.

The Indian Poker Association has suspended poker operations at the YMCA Club in Ahmedabad and has put its plans to open more poker clubs in the city on hold following a number of police raids, Glaws reports.

The government of India is looking to place lottery tickets in the highest GST bracket of 28 percent, according to industry insiders.

Authorities in Uttar Pradesh busted an illegal betting ring on Friday, and have uncovered an inventive betting device which allow bets to be placed simultaneously during a live match.

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