Should India Legalize Gambling?

[vpannu]

I don't support legalization of gambling in India because I don't think people are wise enough to handle this evil. Alcohol and gambling will be a fatal combination. It'll ruin the households all around the country.

 

[vicky84]

I don't support legalization of gambling in India because I don't think people are wise enough to handle this evil. Alcohol and gambling will be a fatal combination. It'll ruin the households all around the country.

Vivek gambling is not evil . Gambling is just an entertainment..and should not be assumed as a source of income. . And combination of alcohol is fatal with any other activity like driving car

 

[akshaymalik84]

Exactly. In a country where millions and millions of people are forced to lead a sub-human life, is this kind of pleasurable activity really worth? If government can afford to have a mechanism to prevent drug trafficking and smuggling, why not against gambling , the addiction of which ruins so many families everyday. Even if it is legalized, who will be the beneficiary? Do you think the revenue so generated will be spent by the government towards rural development!! Moreover, if revenue generation behind proposed legalization is the best argument, then what is wrong in nationalization and legalization of brothels. Let us not toy with the idea of turning India into Las Vegas. The evils like gambling must be dealt with heavy hand.

Ban of alcohol in Haryana in Bansi lal time cost the state treasury tens of millions of dollars in lost excise revenue, led to the loss of thousands of jobs in brewing, distilling and retailing alcoholic drinks and clogged the court system with charges against people caught intoxicated or in possession of liquor.Smuggling and home distilling made criminals and corrupt officials rich and sometimes left poor people dead from drinking tainted alcohol. Govt. applies laws and heavy taxes on use of alcohol and tobbaco. There would regulatory laws on gambling if legalized.

All sort of gambling going on these days,for eg. predict the score and you will win a TV. SMS cost 5 Rs. Conditions applied.People are taking risk of 5 Rs to win a TV. Investing in Stocks is also a kind of gamble. Stock marketing is producing whole lot of money.Its legal.

Talking about society, then our society is already polluted. The thing is what you think this pollution includes. If it includes consumption of alcohol,tobbaco,legalizing gay marriage, allowing intergotra marriage then why not gambling. At least it can produce more money, more jobs, more opportunities. What is this intercast or inter gotra marriage gives.....Honor killing!

There is a saying "There is no better gambling than not to gamble." Lets gamble on legalizing the gambling. You can always make it illigal if things does not work out in favour.

Looks like there remains only one solution of checking any illegal activity and that is legalizing it.

if system or law fail to control/check any bad/illegal or an activity having criminal elements in it then almost everyone start advocating to legalize it. is it the only solution we are left with? is the inability of the machinery/system to check the spread of illegal activity should be covered with legalizing it?

Are we asking the legalization of killing,theft,terrorist activities? A system is legalized if it have some benefits. And gambling do have economic benefits. Ofcourse there are risk too but opportunities are more in this case. The machinery/system should have the ability to opitmize every risk and opportunity.

 

[yudhvirmor]

I don't support legalization of gambling in India because I don't think people are wise enough to handle this evil. Alcohol and gambling will be a fatal combination. It'll ruin the households all around the country.

Pannu bhai, IPL is still ruining many people every year. We heard lots of stories where people sell of everything for this evil. It's better to make it legal and bring in corporates to manage it.

Right now, Mafia/Underworld is managing it.. Huge money is involved in it and people are loosing money and Govt. is not getting anything.

 

[vicky84]

Pannu bhai, IPL is still ruining many people every year. We heard lots of stories where people sell of everything for this evil. It's better to make it legal and bring in corporates to manage it.

Right now, Mafia/Underworld is managing it.. Huge money is involved in it and people are loosing money and Govt. is not getting anything.

I read on facebook..IPL is big deal of business..Last year it does direct business of not less than $600 billion in South Africa. In this global crisis, that was a big boost for South Africa Economy.

 

[sjakhars]

Source of income

If betting is legalized than all people involved in it have to disclose the source of their income. They have to get a PAN card, have to file yearly returns like it is done in stock market. Management will have to disclose all the money exchanges involved. Qualified people will manage it. It will develop as an industry like stock market.

 

[yudhvirmor]

If betting is legalized than all people involved in it have to disclose the source of their income. They have to get a PAN card, have to file yearly returns like it is done in stock market. Management will have to disclose all the money exchanges involved. Qualified people will manage it. It will develop as an industry like stock market.

At the end of the year, they'll get Form 16 also

 

[ravinderjeet]

aatankvaadiyon kaa risk to khtam ho liyaa ibb to wey-a chalaan laagre sey sattaa bazar ne ,er ghankhare netaa ismey saamil sein,legalise karo mat karo yo to chaalnaa-a se, kam tein kam sarkaar dhorey pissaa to aawegaa er fer baadh er sukhaa raahat me ghnaa kharchaa dikhaa kein ooney bhi dakaar skey gey.kimmey to garibaan ne bhi mil jyaa gaa .ibb to kuchh bhi ni mildaa . haryana me daaru bandi kat ke dekh li thi key hoyaa thaa.

 

[ygulia]

It should be legalized and an autonomous corporation should be created for complete control of it and it should be out of reach of the private sector.
It will generate huge revenue and those funds can be used for health care and rural modernization projects which is badly needed in the country.
Canada is a good example of it.

 

[hemanthooda]

At the end of the year, they'll get Form 16 also

They should deduct TDS also ..

 

[ygulia]

I do not think that there is need to tax it.
Income should be tax free.