A Case for Policymakers to Tax and Regulate Sports Betting in India

The online gaming market in India has grown at an exponential rate over the last several years, thanks to the advent of cheap smartphones and affordable, widely available internet. The market size of this segment is in order of billions of dollars, where gambling and sports betting alone comprise a significant chunk. Considering that the latter is mainly unregulated, underground, and untaxed, there is a scope for Indian policymakers to identify the tax potentials and regulate the same under an 'Indian model.' It will not only help protect the interests of consumers but also that of the government alike.

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