Gaming
First legal sports betting arena in the country launched in Sikkim
Golden Gaming International Pvt. Ltd. (formerly Maarm International Pvt. Ltd.), one of the online gaming license holders in Sikkim launched the first sports betting and gaming arena in the country at MG Marg in Gangtok.
Kapil Dev, former Indian cricket captain was the chief guest at the event for the launch of the sports betting and gaming arena. Although license holders had started keno and virtual horse-racing last year, this is the first time sports betting and other games have been launched in the state through betting terminals.
Manoj Sethi, Director of Golden Gaming International said, “Our venture (online sports betting) is the first such initiative in the country which will bring fiscal revenues to the state of Sikkim as well as provide employment to local youth. I think all other state governments should also study the unique model created by the Sikkim government and legalise, regulate and license gambling and betting.”
Sports betting on games like cricket, tennis and football and wagering on other games like roulette, teen patti etc. would be offered within the state of Sikkim by Golden Gaming. Other license holders are also expected to follow suit and start offering sports betting in the coming days.
Delta Corp invests $10 million in Essel Group-backed Jalesh Cruises, gets preferred right to operate casinos on cruise ships
Goa govt grants yet another 6 month extension to offshore casinos
Sri Lanka drastically hikes casino license fee and taxes; introduces $50 entry fee
Two weeks left for ASEAN Gaming Summit Manila
Delta Corp invests Rs. 15.50 crores in fantasy sports portal HalaPlay, divests its fantasy sports portal
Pritam
May 15, 2016 at 7:14 am
Hi, can residents of other Indian states can participate in sports betting in Sikkim?
Jay Sayta
May 15, 2016 at 5:48 pm
Yes but only if residents of other states travel to Sikkim and are physically present there.
Ashita
May 27, 2016 at 3:58 pm
Hi, I would like to know applicability of this legislation on online gaming operators situated outside the jurisdiction of India? Would such an operator be required to be licensed under the Sikkim Online Gaming Act. Thanks
yogesh
July 6, 2016 at 11:21 am
Can a govt. take any type of tax if I won ???
Jay Sayta
July 6, 2016 at 2:11 pm
Applicable TDS on winnings over Rs. 10,000/- will be deducted.
vipin
July 6, 2016 at 11:27 am
How many percent of tax I have to give to govt. If I won in Sikkim ??
Chiranjiviraju raju bhupathi raju
July 28, 2016 at 2:18 am
My name is chiranjivi raju i am working in hyderabad Tennis betting legal or not
Jay Sayta
July 28, 2016 at 10:41 am
yes its legal in sikkim
abhishek
April 13, 2017 at 9:56 am
sir if we get the license for online gambling(sports) can we operate all over the country..