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India Gambling Reform
4/23/10 - Amid reports that betting on local cricket through a major Indian media house website is taking place, the newspaper The Times of India this week ran an informal poll on the legalisation of gambling.
With the exception of specified racecourses and lotteries, betting is largely banned in India, although there are moves in the Sikkim province to legalise online gambling on a limited scale.
Introducing the poll, the newspaper noted: "Beyond the raging controversy over the finances and ownership of IPL [cricket] teams, there are long-standing murmurs of betting and match fixing in cricket, but that has not stopped people from indulging in it.
"Would it not make sense to legalize it? Prohibition never stopped people from drinking - it just made some of the alcohol unsafe. In fact, what a ban does is to drive such activity underground, with criminal elements, terrorists and the drug mafia all getting involved.
"Legalizing betting and other forms of gambling would minimize the underworld's role by bringing this activity into the open. The government would also be able to raise revenues through taxation. Some might say the social consequences of gambling -- stories of men gambling away their family's savings -- make it not worth the risk. But if there are regulations in place, this possibility too would be minimized.
"Should betting and gambling, therefore, be made a legitimate, regulated tax-paying business.... if the government is to legalize games of chance, it must also ensure that they are well regulated and also that the possibilities of problem gambling are limited as much as possible."
Of the almost 350 respondents to the poll, 75 percent favoured the idea of legalised and regulated gambling in India.
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Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
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MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
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The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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