India to set further controls on online gaming
The Law Commission of India has recommended further restrictions against online gaming services.
India.- Although the Indian market is one of the most restricted worldwide, the online gaming industry could face further controls under a document of recommendations released yesterday by the country’s Law Commission. On the report, the legal authority recommends legislators to legalise online gaming market with strict conditions.
The Law Commission is preparing a proposal to present to the Congress in order to set legal and licensed online gaming operations. However, the authorities do recommend several restrictions to prevent problem gambling, money laundering and further illegal activities related to unregulated gaming industry.
One of the recommendations is to prevent citizens from betting over three times in the course of a year on online gaming sites. Furthermore, the Law Commission establishes that operators must collect “details of the player including income and total property to allow him or her to place a high or low stake bet,” as revealed by AGBrief.´
The Law Commission of India has urged the contribution of state associations to carry out the official assessment about potential legal gaming operations. The government of India is determined to evaluate the possibility of legalising the gaming industry in order to boost the economic and touristic sectors. The report by the Law Commission is expected to be released next month.