Cricket holds immense popularity in India. It’s deeply ingrained in the culture, captivating millions with its thrilling matches. In addition to the sheer love for the game, online cricket betting adds another layer of excitement for fans. Many indulge in friendly wagers, enhancing the thrill of watching matches. It’s a common sight to see friends and families gathering around, discussing odds, and placing bets on various aspects of the game.
The Public Gambling Act of 1867 oversees federal gambling laws in India. It prohibits the operation of public gambling houses but doesn’t mention online gambling since it was established long before the internet. We hope that the legal status of online cricket betting in India is intricate and can change. Gambling laws in India primarily govern individual states, with some federal laws in place.
Additionally, the Information Technology Act of 2000 governs online activities in India but doesn’t specifically address online betting or gambling. Certain states in India have their own gambling laws. Some, like Sikkim and Goa, permit certain types of gambling, such as casinos.
Recently, there has been talk about creating federal laws to legalize and regulate online gambling in India. However, as of now, there’s no comprehensive federal law specifically for online betting or gambling.
We are hopeful that there is an update from the governament on this front as online cricket betting market is very huge in India. A lot of online cricket betting apps are there in the unorganized market and if it’s legalized the governament can earn a huge chunk of tax money from this.