A Comparative Study: Indian And International Online Casino Regulations and Lessons Learned
We do not live in the ideal ONE world, so there is no one regulation for casinos across the globe. Different countries have different regulations to protect the interest of the punters. You cannot depend on one law to protect you. If we compare Indian regulatory bodies with the rest of the world, the scenario will be different. The gambling industry is quite young. Every day there is a new law coming and evolving to protect the interest of the gamblers. You cannot depend on one Marshall Law to protect the interest of the land.
Read this comprehensive guide to know further.
Indian and International Online Casino Regulations: What You Need To Know?
Indian Casino Regulations
Gambling in India is not regulated by one Indian law, but there are different state laws to protect the interest of the casinos and players. Most casinos provide free games online, and a few provide land-based games.
The games under the Public Gambling Act of 1867 state that only games of skill are allowed. However, the casinos say otherwise. A few ‘proponents’ of the gambling sector argue that it is one of the greatest sources of revenue, with only Goa’s land-based casinos contributing 135 crores to the state revenue in 2023.
The states like Sikkim, Maharashtra, Delhi, Uttar Pradesh, Madhya Pradesh, Nagaland, etc., contribute widely to the casino gameplay. They allow Poker and Rummy games largely. The states like Karnataka, Tamil Nadu, and other southern states still exercise the ban. The Telangana state somewhere allows for ‘games of skill.’ It shows that if the players wish to play, they must first check the law of their land. Gambling in India comes under State laws. Most states exercise the ban to keep people away from the ill effects of gambling like money laundering, fraud, scams, suicides, etc.
International Casino Regulations
Millions of punters from across the globe, whether the EU, UK or the US, bet thousands of dollars in gambling each year. They visit land-based casinos, but a few gamblers like to play from the comfort of their home. So, mobile and online casino gambling is on the rise.
International casinos are regulated through local gambling legislations and gambling jurisdictions. Let us make this easier for you.
Local Gambling Legislation
There is no organization to regulate casinos globally. Only the local and federal laws, or the state laws as in India, protects the interests of the gamblers. This means the laws for online casino gameplay will change from region to region. Like, in the USA, Federal and State regulations are implemented. Federal Laws affect the whole country, and State Laws affect a particular state. Only certain aspects of their laws are open for interpretation. It makes it difficult to understand what’s legal and not in the US. This confusion can lead to gamblers undecided about whether to play certain games or check out State laws first.
Checking Out Online Gambling Jurisdictions
Well, these jurisdictions are the ones punters usually see when logging into the licensed casinos present online. You must have heard popular names like Alderney, Malta, Curacao, Costa Rica, Isle of Man, Panama, Antigua & Barbuda (the oldest one). So, if the casino you are playing at falls under any of these jurisdictions, the local gambling still gets back from the countries.
Lessons Learned From Indian and International Casino Regulations
The fact checks have come from the government to regulate online casinos in the country. Real money gameplay may be entertained in certain states, but online casino game play, especially poker, and rummy, will get a chance as a game of skill. The suicides committed by players in a few Indian states led Tamil Nadu, Karnataka, Telangana, etc., to ban casino gaming.
With state laws coming into effect, a fine can be imposed on the casinos not abiding by the Indian or state laws. Policies cannot be 100% implemented to avoid the effects of gambling since it is prevalent in society. However, judicial norms can be implemented to make people aware.
On the other hand, international casino regulations and online jurisdiction regulations also render certain lessons in the gambling field. You cannot escape the concerns governments are associating with gambling.
The UK government makes gambling legal and welcomes casinos to be regulated under various jurisdictions. Europe has made certain laws, especially in France, where only businesses that carry online casino licenses or fulfill the major requirements can function. So, the European Union and the UK seem to have different views on casino gameplay and the associated effects.
On the other hand, South East Asian countries like Singapore and Malaysia are known to be hubs for casino gameplay. Singapore has big land-based casinos, but Malaysia only allows non-Muslims to play casino games. They protect the law of the Land as Malaysia is predominantly a Muslim country.
Other regions like Australia, Oceania, North America, and South America possess their border laws. Certain regions are allowed gambling, and others are prohibited. Most of these continents and countries encourage responsible gambling to protect families and kids from the ill effects of gambling.
Africa has become the first continent to increase its stand in offline and online gambling rapidly. It allows players only to play games at the registered casinos. The country promotes fair gameplay. The earnings from the unlicensed casinos are seized by the government here.
Casino regulations in India and at the international level seem approximately the same. The jurisdictions that control gaming online are prevalent for everyone across the globe. However, certain laws of the land, especially of your state, need to be looked at before taking a plunge into online gambling. You do not want to feel like a lame person who lost everything under the emotional flow. If you want to know more and gain knowledge on casino regulations, always follow the suit of experts who provides first-hand regulatory information.
The Latest News
Ana D.
•May 30, 2024
Lotteries and other forms of gambling have a colourful history in India. While lotteries are regulated under a central umbrella, how they are managed is subject to the discretion of state governments. However, the growing popularity of lotteries saw the Lotteries (Regulation) Act of 1998 and the Lotteries (Regulation) Rules 2010 introduced, which established detailed standards for the governments to follow.
Currently, lottery games are legal in 13 Indian states, though anyone of legal gambling age in India can buy international lottery tickets online. The ticket prices and prize pools of government lotteries in India vary depending on the lottery scheme and state in which it is regulated. Tickets for weekly draws begin at modest prices like ₹2 or ₹5 and increase for bumper draws and special schemes.
Akil Khan
•March 21, 2024
Whether you like it or not, luck plays a crucial role in gambling. And while many would argue that it’s an unreliable force, for many Indians, the ancient tradition of Vedic astrology offers a way to understand how luck works in the universe and how one could potentially manipulate it to work in one’s favour.
Vedic astrology (known as Jyotish in Sanskrit) is the practice of studying planetary positions, celestial influences, and karmic patterns to understand how these influence and shape human lives and destinies.
When it comes to gambling, some Indians look to Vedic astrology to boost their chances of success. By analysing astrological charts and horoscopes, and identifying cosmic connections, gamblers seek to find the most advantageous time to gamble, looking for lucky combinations of numbers, or even charms and rituals to help improve their chances.
Let’s look at this more closely:
Planetary configurations
"Muhurtha", an essential principle of Vedic astrology, indicates the opportune time to partake in certain activities based on planetary configurations. It also highlights when best to avoid certain activities. So, in the case of gambling, a player would wait for a favourable Muhurtha to maximise their chances of success.
Presence of the planets
Vedic astrology focuses on nine “grahas”, which are collectively referred to as the “navagrahas” (nava meaning nine). They include the sun (Surya), moon (Chandra), Mars (Mangala), Mercury (Budha), Jupiter (Brihaspati), Venus (Shukra), Saturn (Shani), Rahu (north node of the moon), and Ketu (south node of the moon). According to Vedic astrology, the planet Venus offers luxury and Jupiter provides immense wealth. A conjunction of Jupiter and Venus unafflicted with the moon is therefore said to bring good luck and prosperity.
Birth charts
Many Indians strongly believe in analysing their birth chart in every aspect of their life. This comes from Vedic astrology, which argues that the alignment of different celestial bodies at your birth can provide invaluable insights. In the case of betting, it could highlight a person’s gambling and risk-taking tendencies and subsequent strategies they could employ to maximise their chances of winning, translating into profits and success.
Astrology and numerology
Hindus love to rely on their favourite numbers, particularly when it comes to gambling, and generally prefer odd numbers over even. Seven and eight are considered auspicious numbers, representing success and prosperity. Many Hindus also use these numbers at the time of Diwali when, in some houses, gambling is a ritual. Another lucky sequence of numbers in Hinduism is 786, representing the Trinity of Brahma, Vishnu, and Shiva.
Akil Khan
•March 21, 2024
In casinos, we often hear phrases like good luck and good fortune. Not surprising, really, given how the majority of casino games are based primarily on chance, though some would claim that success is also down to mathematics and algorithms.
In any case, luck plays a crucial role in gambling, and many gamblers will have their own rituals they perform before games or even lucky charms they carry to improve their chances of winning.
Hinduism, one of the oldest practising religions in the world, believes in positive and negative energy, which could define your moves and outcomes. Furthermore, there are several ways one can channel these energies, whether through prayer or certain objects such as charms or symbols. We shall discuss these in more detail below.
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