India - A Regulatory Overview

Harry Ashton, 29 Apr 2008
GamblingCompliance Ltd.

The traditional Hindu festival of Diwali, which encourages gambling, epitomises how ingrained the activity is in Indian culture, however at this stage much of the gambling falls within the illegal domain. India has the largest middle-class in the world, and an economy that has grown at rate of more than 7 percent over the last 10 years. It is little wonder that the gambling industry has been and will be looking carefully for opportunities to enter the Indian market. Casino gambling expansion, or the discussion of expansion has recently been a common theme across India, from Goa and Daman in the west, to Haryana in northern India and to Sikkim further north in the Himalaya.

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