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While the debate about what gambling is legal and what isn’t continues among gambling experts, in India courts, and between States and the Central government, one things is for certain – Indians love to gamble. A recent news report sized the Indian gambling market at Rs. 3 lakh crore ($60 billion USD) annually.Although a good percentage is wagered legally on horse racing and lottery, a large amount is wagered on cricket and other sports via illegal and “technically illegal” channels. In this article I’ll tackle the complex Indian gambling laws, including what forms of gambling are prohibited, which are explicitly allowed, and what grey areas still exist.
