They said allowing betting would also enable the government to curb corrupt activities like match-fixing in sports. "The calls for regulating betting have been made because unregulated betting is an immense loss to the country and also because regulation of this activity would enable the government to distinguish between harmless betting and corrupt activities like match-fixing. The total betting market (in India) is Rs 3 lakh crore," the petitioner said. "Regulating the existing system will weed out the undesirable elements in the betting business and will bring more credible and genuine players over whom the government can have more control. Most of these syndicates are not even managed from within the country," the petition said.Law Commission of India is already examining the issue and it has favoured a comprehensive legislation to legalise betting and gambling.

Source: Times of India April 28, 2017 15:33 UTC