India

The North-Eastern state of Nagaland in India is unlikely to discuss the proposed bill related to online games of skill during the winter session of the legislative assembly held on Dec. 14.

India's Enforcement Directorate (ED) has completed the interrogation of lottery king Santiago Martin, currently under investigation for money-laundering in connection with a lottery scam conducted by Santiago Martin and his associates.

At least two online gaming license holders in the Indian state of Sikkim -- Playwin (Essel Group) and Maarm International -- have begun to offer Keno and virtual horse-racing in November, after securing clearances from the government, local sources report.

Delta Corp has secured a license to operate an onshore/electronic casino at its hotel Deltin Suites in Goa, a local source reports.

Karnataka, a state in southwestern India, is studying the option of floating offshore casinos to boost its tourism sector.

With a huge and rapidly expanding middle class, the potential for casino companies in India knows no limit - apart that is from a lack of a legal framework. 

Following an appeal by the All Kerala Online Lottery Dealers Association and the Sikkim government, the Supreme Court on Thursday upheld the Kerala government’s decision to prohibit sale of online lottery tickets.

India has the potential to be a $16 billion lottery market, but revenue is being lost to a multi-billion dollar black market that is depriving states of much-needed funds.

India has the potential to be a $16 billion lottery market, but revenue is being lost to a multi-billion dollar black market that is depriving states of much-needed funds.



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With a huge and rapidly expanding middle class, the potential for casino companies in India knows no limit -- apart that is from a lack of a legal framework.

 

With a huge and rapidly expanding middle class, the potential for casino companies in India knows no limit -- apart that is from a lack of a legal framework. Gambling is banned in all but three states but, even then, the situation is not clear cut. However a young lawyer has been making waves with his attempts to force more clarity on the legal situation in Maharashtra, the third-most populous state whose capital Mumbai is the commercial heart of India and one of the biggest cities in the world.



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Poker is booming in India, though regulatory uncertainty, a lack of infrastructure and high taxes, are keeping the market from achieving its full potential, experts say.

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