The Law Commission of India is another step closer to finalizing its recommendations on the legalization of online betting.
According to local media reports, the recommendations include restricting the amount a person can bet, which is determined by income levels, and allowing each person to bet no more than three times a year.
A senior functionary of the commission told PTI that stringent regulations should be in place as “people have lost so much money.”
According to a working document prepared for members, should online gambling be legalized, punters would be required to play through a licensed operator.
The operator would need to gather details of the player including income and total property to allow him or her to place a high or low stake bet.
The recommendations also seek not allow any individual place online bets more than three times a year.
The final report is expected to be published in the next month or so.