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INDIAN STATE OF MAHARASHTRA LOOKS TO ONLINE GAMBLING TO RAISE REVENUE IN FACE OF COVID CRISIS

There’s good news for gaming operators in India, as the country’s second-most populous state considers legalising online gambling.

Reports suggest the ruling party of the State of Maharashtra, home to over 114 million people, is considering following the example of the State of Sikkim, and legalising online gambling. 

It seems the COVID-19 induced economic and financial crisis has caused politicians in the state to reconsider the revenue generating potential of regulated online gaming, with one cabinet minister estimating the state could raise at least Rs 2500 crore (approx. €290M) from operators. 

Taking a completely opposite approach, earlier this month the Indian State of Andhra Pradesh, home to nearly 50 million people, banned online gambling altogether. 

 

AYO.NEWS says:

With India one of the hardest hit countries in the ongoing COVID-19 pandemic, we wouldn’t be surprised if more state governments suddenly start seeing online gambling in an entirely different light – focusing more on its tax generating potential. 

Staying with India, last month GiG launched a localised Indian version of its Super Lenny gambling guide. 

 

‘AYO.NEWS says’ features the opinion of the author and does not necessarily reflect the views of Pentagon Digital Limited or its affiliates or associates. 
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