India

The Press Council of India (PCI), a government body which sets standards for journalists and has the power to reprimand erring publications, has warned a Marathi daily against publishing mysterious numbers which were alleged to be linked to illegal 'matka' gambling.

eSports has become the latest sport in India to have a major professional league with the announcement of the new Indian Gaming League, according to the Economic Times in India.

Several companies in the online skill games industry in India have made a representation to the Union Finance Minister Arun Jaitley to consider relaxing Tax Deducted at Source (TDS) norms applicable to games of skill websites.

The Nagaland Legislative Assembly (NLA) in India has announced a meeting of the select committee to deliberate on the Nagaland Prohibition of Gambling and Promotion and Regulation of Online Games of Skill Bill, 2015, according to local sources.

The Kerala state government in India is to roll out a new lottery-linked financial assistance scheme, which was given cabinet approval on Jan. 3.

The Comptroller and Auditor General of India (CAG) is investigating alleged lottery malpractices run by the Mizoram government, according to local media.

A committee headed by RV Easwar has recommended increasing the threshold limit for Tax Deduction at Source on winnings from gambling to Rs. 15,000 (US$222.1) from the existing threshold of Rs 10,000, reports GLaws.

With growth stagnant in poker’s traditional strongholds of North America and Europe, operators are beginning to look towards Asia for markets which could kickstart a second boom.

With few signs of resurgence in Europe - Denmark’s online poker market, for instance, has declined 25 percent since 2012, despite robust growth in the sports betting and casino verticals - emerging markets in Asia and South America have become the new focus.

 

With growth stagnant in poker’s traditional strongholds of North America and Europe, operators are beginning to look towards Asia for markets which could kickstart a second boom.

 



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The growth of illegal betting in Asia has led to the global expansion of illegal operators, spreading criminal involvement in racing and other sports betting markets, said the director for security and integrity of the Hong Kong Jockey Club during the Asia Racing Conference.

A civil revision petition initiated by Gaussian Networks Pvt. Ltd, the operator of Adda52.com was adjourned to 21st April 2016 by Justice Indermeet Kaur of the Delhi High Court.

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