Government relaxes FDI norms for retail, defence, telecom, insurance but maintains status quo on gambling, betting FDI ban

In a bid to revamp India’s investor-friendly image, the Union Cabinet eased existing Foreign Direct Investment (FDI) norms in key sectors such as multi-brand retail, insurance, defence, tea plantation, courier services etc.  These reforms were taken in a bid to revitalise the economy and save the sliding rupee from further …

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FICCI conducts half-day conference on legalising sports betting, elicits views of stakeholders; hopes to continue pushing for gambling law reforms

The Federation of Indian Chambers of Commerce & Industry (FICCI), India’s premier association of top business houses conducted a half-day discussion on 25th June 2013 in Delhi. The interactive session titled ‘Regulating Sports Betting: Way to counter Match Fixing?’ invited various experts and members of the general public to give …

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Feature: Jason Chess, Partner at British Media Law firm Wiggin LLP speaks on gambling regulation, cheating in sport and road ahead for the Indian gaming industry

In this exclusive interview, we present the Gambling and Betting Law Head of top British Media Law firm Wiggin LLP; Mr. Jason Chess. Mr. Chess is an expert on electronic betting and gaming and has advised several top International companies in their gaming projects. In this interview, he discusses the …

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Nationwide debate on legalising sports betting in India as US Congress mulls legislation to license online gaming, important lessons for Indian policy makers

Kapil Sibal

The past few days have been exciting for all observers of the gaming industry in India. After the recent spot-fixing and betting scam, there have been various calls to bring in a strong law to penalise cheating in sport and also change the archaic gambling/betting laws. Debates in television studios, …

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