New Delhi, July 6 : The Law Commission has recommended that gambling and betting in sports like cricket must be legalised to generate revenue which can be used for ‘social welfare’.
The Law Commission of India in its 276th report to the central government stated that legalising betting in sports and gambling will curb underworld influence,restrict black money and money laundering.
The commission has also recommended amending the laws regulating forex and India’s FDI policy to allow investments in the casino and online gaming industry.
Asserting that the current measures undertaken by the Board of Control for Cricket in India (BCCI) are “ineffective and insufficient”, Titled as “Legal Framework: Gambling and Sports Betting Including in Cricket in India”, the report stated: “Incapability to enforce a complete ban has resulted in a rampant increase in illegal gambling, resulting in a boom in black-money generation and circulation. Since it is not possible to prevent these activities completely, effectively regulating them remains the only viable option.”
The report further stated that the Parliament may enact a model law for regulating gambling that may be adopted by the states or in the alternative, the Parliament may legislate in exercise of its powers under Articles 249 or 252 of the Constitution.
It also recommends that match-fixing and sports fraud should be made criminal offences with severe punishments.
“Proper gambling’ would be characterised by higher stakes. Accordingly, only individuals belonging to the higher income group shall be permitted to indulge in this form of gambling. On the other hand, individuals belonging to the lower income groups will have to confine themselves to ‘small gambling’, not being permitted to stake high amounts (falling within the bracket of ‘proper gambling’),” the report stated.
t has also recommended linking the Aadhaar or PAN card of those involved in betting and gambling to regulate illegal activities such as money laundering.