Online Gambling

0 Comments

Internet Casinos Inc. (ICI), the world’s first online casino, started operating from August 18, 1995, with 18 different games. Since then more than 1,400 websites, mostly domiciled in small Caribbean islands, have given rise to an industry that grosses over $3 billion a year. In fact no business on the Internet earns more revenue than online gambling. Out of the estimated 14.5 million online gamblers, almost 30 per cent are from Asia.

A bet can be placed in minutes. Anyone with a credit card can set up an offshore currency account with a gambling site, leaving them free to place bets on sporting events like Wimbledon, cricket, horse racing and Formula One, or join a virtual casino to play slot machines, roulette, blackjack, poker etc. Companies like Flutter and Betmart accept bets on anything from who is going to win the Nobel Prize to whether Madonna is getting a divorce or not. Bets can range from a nickel to thousands of dollars and according to whether you win or lose the amount is automatically adjusted to your account. The final balance can then either be mailed to you or left for future bets.

The law relating to online gambling in India needs to be understood within the country’s socio-cultural context. At the outset, gambling, although not absolutely prohibited in India, does not receive express encouragement by policy makers. The Indian organized gambling industry is estimated to be worth around US$8 billion. While stringent laws have checked the proliferation of casinos and high street gaming centres as in many other countries, barring the state of Goa, the lottery business remains the most post popular form of gambling.

Though gambling is not illegal, it is a highly controlled and regulated activity. Modern India is a quasi-federal Constitutional democracy and the powers to legislate are distributed at the federal as well as the state levels. Gambling features in List II of the Constitution of India, this implies that the state governments have the authority to enact laws in order to regulate gambling in the respective states. Thus, there is no single law governing gambling in the entire country. Different states have different laws governing gambling in addition to the laws that have an application across the country. While some states have banned lotteries, other states allow state government lotteries marketed and distributed in other lottery playing and promoting states through private entities.

Regulation of gambling

The courts have defined gambling as ‘the payment of a price for a chance to win a prize’. The dominant element of skill or chance shall determine the nature of the game. A game may be deemed to be gambling if the element of chance or luck predominates in deciding its outcome. As a result, Indian courts have held that betting on horse racing and a few card games are not gambling. The right to undertake the business of gambling and lotteries is not considered as a fundamental right protected by the Constitution of India. It may however be pointed out that the state government run lotteries make significant contributions to the state exchequer of several state governments and the Union government, and hence there is a resistance to complete prohibition.

The following legislation is pertinent to gambling:

The Public Gaming Act, 1867

This Act provides punishment for public gambling and for keeping of a ‘common gaming house’. This Act also authorises the state governments to enact laws to regulate public gambling in their respective jurisdictions. The penal legislations in respective states have been amended in accordance with their policy on gambling. However, this legislation does not have any direct impact on online gambling unless a wide interpretation is given to the definition of common gaming house so as to include virtual forums as well.

The Indian Contract Act, 1872 (ICA)

The ICA is a codified umbrella legislation that governs all commercial contracts in India. Under the ICA, a wagering contract is the one which cannot be enforced. The Act lays down; ‘Agreements by way of wager are void, and no suit shall be brought for recovering anything alleged to be won on any wager or entrusted to any person to abide by the result of any game or other uncertain event on which any wager is made’  abctoto  . Gambling, lottery and prize games have held to be wagering contracts and thus void and unenforceable. While a wagering contract is not illegal, it cannot be enforced in a court of law. Thus, the courts will not entertain any cause of action that arises out of a wagering contract.

Lotteries (Regulation) Act, 1998

This Act provides a framework for organizing lotteries in the country. Under this Act, the state governments have been authorized to promote as well as prohibit lotteries within their territorial jurisdiction. This Act also provides for the manner in which the lotteries are to be conducted and prescribes punishment in case of breach of its provision. Lotteries not authorized by the state have been made an offence under the Indian Penal Code. Several non-lottery playing states, like Gujarat and Uttar Pradesh, have prohibited the sale of other state-government lotteries under this Act.

Indian Penal Code, 1860

Section 294A deals with keeping lottery office. It says that whoever keeps any office or place for the purpose of drawing any lottery not being a State lottery or a lottery authorised by the State Government, shall be punished with imprisonment of either description for a term which may extend to six months, or with fine, or with both.

And whoever publishes any proposal to pay any sum, or to deliver any goods, or to do or forbear doing anything for the benefit of any person, on any event or contingency relative or applicable to the drawing of any ticket, lot, number or figure in any such lottery, shall be punished with fine which may extend to one thousand rupees.

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *

slot pulsa

data macau
สล็อตเว็บตรง ฝาก-ถอน true wallet ไม่มี ธนาคาร ไม่มี ขั้น ต่ํา
slot maxwin
slot88ku
daftar epictoto
online casino cambodia
香水香味
性用品
pencethoki
Testosterone Undecanoate Muscle
slot pragmatic play
먹튀폴리스
สล็อต
situs slot gacor
捕魚游戲
link slot
카지노사이트
สล็อต
ucokbet
slot88ku
real steroids for sale
sbobet sbobet
slot demo
LINETOGELJP
線上娛樂城
สล็อตเว็บตรง
Joker123
출장마사지
slot
slot
slot gacor
slot
slot gacor
rtp slot
Heylinkme Slot 스포츠중계
Max win slot gacor
SBOBET88
game slot
non gamestop casino
Slot Gacor
파타야클럽
成立離岸公司
slot nexus engine
SLOT ONLINE
송파출자마사지
강남출장마사지
인천출장민사지
judi slot
สล็อต
토토사이트
judi mpo
bimabet
mpo1221
Lampion togel
สล็อตออนไลน์
สล็อตเว็บตรง แตกง่าย
เว็บสล็อตตรง
สล็อตpg
สล็อต
เว็บตรง
สล็อต
หวย
สล็อตเว็บตรง
SLOT 4D
สล็อตเว็บตรง
สล็อต
Asia99 Slot
สล็อต
註冊離岸公司
slot5000
pg slot เว็บตรง
สล็อตเว็บตรง
panen777
娛樂城
สล็อต pg
เว็บตรง
สล็อตออนไลน์ 4X4PG
สล็อตเว็บตรง
สล็อตเว็บตรง
สล็อตเว็บตรง
pg slot
สล็อตเว็บตรง
บาคาร่าออนไลน์
Agentoto
เว็บตรง
สล็อต
เว็บตรง
สล็อต
สล็อต
rumah 303
สล็อต
slot online
slot online
สล็อต
jogos de cassino online grátis
ufabet
Infini88 Slot
togel
situs togel online
kakek zeus
ufo777
cassino online
Situs Judi Slot Gacor
joker slot
娛樂城推薦
Slot online
slot
สล็อตpgเว็บตรง
สล็อตเว็บตรง
togel
เว็บสล็อต
slot minimal deposit 5000
เว็บตรงสล็อต
Escorts in Karachi
Karachi Escorts
slot dana
mataslot77
สล็อตวอเลท
สล็อตเว็บตรง
slot minimal deposit 5000
web LUXURY333
สล็อต
rtp slot
Injectable Steroids Benefits
สล็อต
สล็อต
UGFREAK steroids shop
สล็อตเว็บตรง
สล็อตเว็บตรง
เว็บแทงหวย
แทงหวยออนไลน์
เว็บสล็อตใหม่ล่าสุด
Deluna4d
live draw sgp
ufabet
mahkotaslot
prediksi sgp
melati188
slot gacor
deluna4d
judi slot
Satta matka
slot kakek Zeus
สล็อตทรูวอเลท
Rumah303
slot77
togelup
sbobet caax
สล็อตเว็บตรง
บาคาร่าออนไลน์
สล็อตเว็บตรง
malaysia online casino
Mahkotaslot
เว็บสล็อต
Ktvslot
custom nail polish boxes
api88 slot
Cuan123
winbox
cricket betting markets
Keluaran Sidney
sbobet ca
เว็บตรงสล็อต
สล็อตเว็บตรง
สล็อต
slot online
togel online
slot demo pg
คาสิโนออนไลน์
สล็อต
jarwo123
ALBASLOT
cvtogel

nhà cái

Kseries

ดูซีรี่ย์เกาหลี

casino online uy tín

casino truc tuyen

betting exchange login

電動麻雀檯

WINLIVE4D adalah situs slot gacor terbaik terbaru tahun ini, dan menjadi acuan slot gacor hari ini di setiap harinya, karena selalu memberikan kemenangan tanpa henti, slot gacor winlive4d selalu menjadi favorit orang orang. WINLIVE4D akan selalu memberikan kepuasan bermain kepada para player slot online dan games judi online yang lain, anda tidak akan pernah merasakan menyesal bermain bersama WINLIVE4D

คาสิโนเว็บตรง

เว็บตรงบาคาร่า

แทงบาคาร่า

แทงบาคาร่า

Situs Toge

Situstogel

Demo Slot

Winbet 138

temperature sensor supplier

สมัครบาคาร่าออนไลน์

สมัครบาคาร่าออนไลน์

บาคาร่าที่ดีที่สุด

สมัครบาคาร่า

公司報稅

sbobet

solar water heater