Industry experts continue to appeal for a national regulatory body to provide further sanctity to online players, highlighting better benefits, including player safety, better taxation income, and the prevention of illegal money laundering.
Some Indian states have made gambling illegal, despite overwhelming evidence showing online cricket betting as a safer and more secure avenue for thousands of players. However, with the increased level of betting interest in cricket, the Indian government has stepped in over the years to introduce several laws that have complicated the game’s relationship with betting. Since professional cricket came to be in India, millions of fans have found ways to bet on their favourite players or teams. The astonishing value of the competition (a whopping 47,500 crore or over half a billion dollars) reflects how India lives and breathes the game. India is an innately competitive nation with an insatiable thirst for cricket! The inception of the IPL brought the country’s obsession with the sport to the world’s attention.