Law Commission sees revenue potential from casinos, but no decision yet

India’s Law Commission recognizes the government would raise substantial revenue from regulating the country’s $60 billion gambling industry, but its chairman says the legal body has not yet made up its mind on the issue. Justice Balbir Singh Chauhan was giving the opening remarks to a conference hosted by the All India Gaming Federation and the Federation of Indian Chambers of Commerce and Industry in New Delhi last week. The conference was attended by representatives from legal and gaming firms, as well as general business, and discussed a wide range of issues facing the sector in India. Chauhan noted that the industry required proper regulation, rather than a complete ban in most states as is the case presently. However, he added that the Law Commission which is looking into the matter is “yet to make up its mind.” Casino gambling is banned across India, apart from in the state of Goa and...

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