• Home
  • About
  • Advertise
  • Privacy Policy
  • Support Us
  • Contact Us
No Result
View All Result
Meghalya Government
South Asia Views
Meghalya Tourism
  • Home
  • State
  • North East
    • All
    • Arunachal Pradesh
    • Assam
    • Manipur
    • Meghalaya
    • Mizoram
    • Nagaland
    • Sikkim
    • Tripura
    IIM Student Residence named after  freedom fighter U Tirot Sing

    IIM Student Residence named after freedom fighter U Tirot Sing

    CM Conrad Sangma distributes PES and other programs in Tura

    CM Conrad Sangma distributes PES and other programs in Tura

    MSL 2023: Defending champions Lajong qualify for semis

    MSL 2023: Defending champions Lajong qualify for semis

    JJM training program by USTM at Patharkhamah Dorbar

    JJM training program by USTM at Patharkhamah Dorbar

    Workshop on GST Registration and e-Returns: Empowering Quality Skills

    Workshop on GST Registration and e-Returns: Empowering Quality Skills

    District Level Yuva Utsav in Jowai

    District Level Yuva Utsav in Jowai

    STEMS Commute Bus Services Launched

    STEMS Commute Bus Services Launched

    MSL 2023: Mawlai & Khliehmawlieh enter semis on the back of rousing victories

    MSL 2023: Mawlai & Khliehmawlieh enter semis on the back of rousing victories

    Meghalaya CM flags Prime Agriculture Response Vehicles

    Meghalaya CM flags Prime Agriculture Response Vehicles

    Trending Tags

    • National
      ₹2000 Denomination Banknotes – Withdrawal from Circulation; Will continue as Legal Tender

      ₹2000 Denomination Banknotes – Withdrawal from Circulation; Will continue as Legal Tender

      Raj Bhavan, Shillong celebrates 63rd Foundation Day of Gujarat and Maharashtra

      Raj Bhavan, Shillong celebrates 63rd Foundation Day of Gujarat and Maharashtra

      100th episode of PM’s ‘Mann Ki Baat’ to be screened at Raj Bhavan, Shillong on Sunday

      100th episode of PM’s ‘Mann Ki Baat’ to be screened at Raj Bhavan, Shillong on Sunday

      Meghalaya :Nongstoin & Williamnagar get new FM Transmitters

      Meghalaya :Nongstoin & Williamnagar get new FM Transmitters

      India surpasses China to become world’s most populous nation

      India surpasses China to become world’s most populous nation

      Air Marshal AP Singh takes over as  Vice Chief Of  Air Staff

      Air Marshal AP Singh takes over as Vice Chief Of Air Staff

      National Voters’ Day to be celebrated on Wednesday

      National Voters’ Day to be celebrated on Wednesday

      Media Reports claiming ‘multiple side-effects of COVID19 vaccines’ are false

      Meghalaya Launches its First Drone Station for Delivery of healthcare items

      Meghalaya Launches its First Drone Station for Delivery of healthcare items

    • South Asia
      Union Home Minister  Amit Shah lays the foundation stone NFSU in Assam

      Union Home Minister Amit Shah lays the foundation stone NFSU in Assam

      HNLC hopeful about tripartite peace talks with the govt

      HNLC hopeful about tripartite peace talks with the govt

      Sarees  worth 20  Lakh seized  along Indo- Bangla border in East Khasi Hills

      Sarees worth 20 Lakh seized along Indo- Bangla border in East Khasi Hills

      2 Bangladeshi robbers nabbed along Indo – Bangla border in East Khasi Hills

      2 Bangladeshi robbers nabbed along Indo – Bangla border in East Khasi Hills

      Meghalaya Governor visits Land Port Office in Dawki

      Meghalaya Governor visits Land Port Office in Dawki

      BSF rescues  25 cattle along Indo -Bangla border in East Khasi Hills

      Truck driver transporting cattle shot dead by BSF, court of inquiry ordered

      13 Bangladeshis apprehended along Indo- Bangla border in East Khasi Hills

      13 Bangladeshis apprehended along Indo- Bangla border in East Khasi Hills

      BSF rescues  25 cattle along Indo -Bangla border in East Khasi Hills

      70 cattle rescued along Indo -Bangla border in West Jaintia Hills

      Union Minister of State for Home inaugurates Land Port Dawki

      Union Minister of State for Home inaugurates Land Port Dawki

    • Business
    • Sports
      MSL 2023: Defending champions Lajong qualify for semis

      MSL 2023: Defending champions Lajong qualify for semis

      MSL 2023: Mawlai & Khliehmawlieh enter semis on the back of rousing victories

      MSL 2023: Mawlai & Khliehmawlieh enter semis on the back of rousing victories

      MSL 2023: Selsella continue unbeaten run by running rampant vs Atong Matgrik

      MSL 2023: Selsella continue unbeaten run by running rampant vs Atong Matgrik

      MSL 2023: Reigning champs Lajong jump to top spot in Group C

      MSL 2023: Reigning champs Lajong jump to top spot in Group C

      MSL 2023: Rangdajied United qualify for semis after five-star win

      MSL 2023: Rangdajied United qualify for semis after five-star win

      ERDF Adopts Athlete Rajveer Singha

      ERDF Adopts Athlete Rajveer Singha

    • Opinion
    • Meghalaya Tourism
    • Home
    • State
    • North East
      • All
      • Arunachal Pradesh
      • Assam
      • Manipur
      • Meghalaya
      • Mizoram
      • Nagaland
      • Sikkim
      • Tripura
      IIM Student Residence named after  freedom fighter U Tirot Sing

      IIM Student Residence named after freedom fighter U Tirot Sing

      CM Conrad Sangma distributes PES and other programs in Tura

      CM Conrad Sangma distributes PES and other programs in Tura

      MSL 2023: Defending champions Lajong qualify for semis

      MSL 2023: Defending champions Lajong qualify for semis

      JJM training program by USTM at Patharkhamah Dorbar

      JJM training program by USTM at Patharkhamah Dorbar

      Workshop on GST Registration and e-Returns: Empowering Quality Skills

      Workshop on GST Registration and e-Returns: Empowering Quality Skills

      District Level Yuva Utsav in Jowai

      District Level Yuva Utsav in Jowai

      STEMS Commute Bus Services Launched

      STEMS Commute Bus Services Launched

      MSL 2023: Mawlai & Khliehmawlieh enter semis on the back of rousing victories

      MSL 2023: Mawlai & Khliehmawlieh enter semis on the back of rousing victories

      Meghalaya CM flags Prime Agriculture Response Vehicles

      Meghalaya CM flags Prime Agriculture Response Vehicles

      Trending Tags

      • National
        ₹2000 Denomination Banknotes – Withdrawal from Circulation; Will continue as Legal Tender

        ₹2000 Denomination Banknotes – Withdrawal from Circulation; Will continue as Legal Tender

        Raj Bhavan, Shillong celebrates 63rd Foundation Day of Gujarat and Maharashtra

        Raj Bhavan, Shillong celebrates 63rd Foundation Day of Gujarat and Maharashtra

        100th episode of PM’s ‘Mann Ki Baat’ to be screened at Raj Bhavan, Shillong on Sunday

        100th episode of PM’s ‘Mann Ki Baat’ to be screened at Raj Bhavan, Shillong on Sunday

        Meghalaya :Nongstoin & Williamnagar get new FM Transmitters

        Meghalaya :Nongstoin & Williamnagar get new FM Transmitters

        India surpasses China to become world’s most populous nation

        India surpasses China to become world’s most populous nation

        Air Marshal AP Singh takes over as  Vice Chief Of  Air Staff

        Air Marshal AP Singh takes over as Vice Chief Of Air Staff

        National Voters’ Day to be celebrated on Wednesday

        National Voters’ Day to be celebrated on Wednesday

        Media Reports claiming ‘multiple side-effects of COVID19 vaccines’ are false

        Meghalaya Launches its First Drone Station for Delivery of healthcare items

        Meghalaya Launches its First Drone Station for Delivery of healthcare items

      • South Asia
        Union Home Minister  Amit Shah lays the foundation stone NFSU in Assam

        Union Home Minister Amit Shah lays the foundation stone NFSU in Assam

        HNLC hopeful about tripartite peace talks with the govt

        HNLC hopeful about tripartite peace talks with the govt

        Sarees  worth 20  Lakh seized  along Indo- Bangla border in East Khasi Hills

        Sarees worth 20 Lakh seized along Indo- Bangla border in East Khasi Hills

        2 Bangladeshi robbers nabbed along Indo – Bangla border in East Khasi Hills

        2 Bangladeshi robbers nabbed along Indo – Bangla border in East Khasi Hills

        Meghalaya Governor visits Land Port Office in Dawki

        Meghalaya Governor visits Land Port Office in Dawki

        BSF rescues  25 cattle along Indo -Bangla border in East Khasi Hills

        Truck driver transporting cattle shot dead by BSF, court of inquiry ordered

        13 Bangladeshis apprehended along Indo- Bangla border in East Khasi Hills

        13 Bangladeshis apprehended along Indo- Bangla border in East Khasi Hills

        BSF rescues  25 cattle along Indo -Bangla border in East Khasi Hills

        70 cattle rescued along Indo -Bangla border in West Jaintia Hills

        Union Minister of State for Home inaugurates Land Port Dawki

        Union Minister of State for Home inaugurates Land Port Dawki

      • Business
      • Sports
        MSL 2023: Defending champions Lajong qualify for semis

        MSL 2023: Defending champions Lajong qualify for semis

        MSL 2023: Mawlai & Khliehmawlieh enter semis on the back of rousing victories

        MSL 2023: Mawlai & Khliehmawlieh enter semis on the back of rousing victories

        MSL 2023: Selsella continue unbeaten run by running rampant vs Atong Matgrik

        MSL 2023: Selsella continue unbeaten run by running rampant vs Atong Matgrik

        MSL 2023: Reigning champs Lajong jump to top spot in Group C

        MSL 2023: Reigning champs Lajong jump to top spot in Group C

        MSL 2023: Rangdajied United qualify for semis after five-star win

        MSL 2023: Rangdajied United qualify for semis after five-star win

        ERDF Adopts Athlete Rajveer Singha

        ERDF Adopts Athlete Rajveer Singha

      • Opinion
      • Meghalaya Tourism
      No Result
      View All Result
      South Asia Views
      No Result
      View All Result
      Home North East Meghalaya

      UKIBC meets Minister James Sangma to discuss the online gaming and sports betting in Meghalaya

      The UKIBC’s Gaming Industry Index reveals Meghalaya to be the most gaming friendly States in India

      sav_editor by sav_editor
      April 18, 2022
      in Business, Featured, Flash News, Meghalaya, North East
      0
      UKIBC meets  Minister James Sangma to discuss the online gaming and sports betting  in Meghalaya
      349
      SHARES
      2.1k
      VIEWS

      Shillong(Meghalaya), April 18 : The UK India Business Council met with Cabinet Minister James Sangma and several UK businesses to discuss the online gaming and sports betting landscape in the State and to launch the UKIBC’s industry report: Gaming for Growth – India’s Sports and Gaming Market Potential.

       

      The UKIBC’s Gaming Industry Index reveals Meghalaya to be the most gaming friendly States in India. The Index measures the extent to which each State has legalized gaming and betting based on their stance on seven different games: lottery, horse racing, sports betting, poker, rummy, casino, and fantasy sports. Meghalaya scored 92.85 (on a scale of 0 to 100 where 100 is fully legalised) with licenses applicable in all seven games in both states.

       

      UK India Business Council, through its report, reveals how a clearer approach to regulation would: attract FDI; create jobs and growth; combat corruption; enhance the integrity of sport; increase the tax revenue in the State; and support the State’s wider tourism sector. The report proposes a series of recommendations to capture the large and growing opportunities for India to benefit from the sector’s growth.

      ADVERTISEMENT

       

      Currently, different aspects of the industry, such as betting on sports, vary in regulation and legalisation across States. India’s gaming industry is broadly split into ‘games of skill’ and ‘games of chance’. Some States, such as Meghalaya, Goa and Sikkim, have created exceptions within their gambling acts for authorised gaming, issuing licenses for games of chance in casinos on land and offshore. In 2021, Meghalaya enacted the Meghalaya Regulation of Gaming Act 2021, wherein licenses pertaining to games of chance mentioned in its schedule are allowed under a license. It is expected in 2022 that licenses for it would be issued.

       

      UKIBC Managing Director, Kevin McCole, said: “We applaud the Government of Meghalaya on its forward-thinking approach to the license of games of chance in the state, which will help to contribute greater revenues and bring jobs to the state. A regulated market also provides safeguards and protection for players, safeguards that are not available in the unregulated sector. It is clear that both the unregulated and regulated gaming sector in India will continue to grow significantly. There are therefore strong reasons to work towards this growth taking place under regulations. To do so, we recommend the Government of India adopts the Law Commission’s 2018 recommendation that sports betting be regulated. Not least because it will attract FDI, stimulate domestic investment, create jobs, generate government revenue, tackle corruption, and enable responsible playing.”

       

      Most States permit games of skill, which are excluded from the remit of gambling. Without a legislative definition, the Supreme Court has established, in several cases, that games of skill are quite simply where the element of skill dominates the element of chance, and vice-versa for games of chance. As such, games including rummy, bridge, chess, and sports such as golf have since been classified as games of skill across India. Games of chance for stakes, however, do fall within the remit of State gambling acts and are largely prohibited.

       

      In its report, the UKIBC makes several recommendations around the legalisation and regulation of the gaming market across India in line with the Law Commission’s 2018 recommendations. It also contends that the gaming market is regulated centrally to bring uniformity to the sector. Each state can then decide whether it wants to be a state to allow gaming and to what extent, therefore retaining a suitable degree of autonomy.

       

      The UKIBC report also found that, in states where gaming is licensed, the imposition of tax at a rate of 28% on the face value of the lottery ticket or the amount bet (vis-vis horse racing and casinos) is one of the highest in the world and could be constraining State revenues. It proposes that India moves in line with the globally common practice of taxing on the rake fee (at the same rate of 28%), designed to improve the channeling rate of consumers to regulated platforms and therefore contribute higher State revenues.

       

      In FY21, there were 433 million gaming users in India. Projections by KPMG predict that by FY25, that figure will be 657 million, thanks to increasing proliferation of smart phones and internet. This increase in users will also lead to increased revenue, from INR 136 billion (GBP 1.3 billion) in FY21 to INR 290 billion (GBP 2.9 billion) in FY25, representing more than 100% growth in four years.

       

      Previous Post

      Advisory After Cyber Criminals Impersonates Ministers

      Next Post

      Lt Gen Manoj C Pande appointed as next Chief of Army Staff

      sav_editor

      sav_editor

      Related Posts

      IIM Student Residence named after  freedom fighter U Tirot Sing
      Meghalaya

      IIM Student Residence named after freedom fighter U Tirot Sing

      by sav_editor
      June 3, 2023
      CM Conrad Sangma distributes PES and other programs in Tura
      Meghalaya

      CM Conrad Sangma distributes PES and other programs in Tura

      by sav_editor
      June 3, 2023
      MSL 2023: Defending champions Lajong qualify for semis
      Meghalaya

      MSL 2023: Defending champions Lajong qualify for semis

      by sav_editor
      June 3, 2023
      JJM training program by USTM at Patharkhamah Dorbar
      Meghalaya

      JJM training program by USTM at Patharkhamah Dorbar

      by sav_editor
      June 3, 2023
      Workshop on GST Registration and e-Returns: Empowering Quality Skills
      Meghalaya

      Workshop on GST Registration and e-Returns: Empowering Quality Skills

      by sav_editor
      June 3, 2023
      Next Post
      Lt Gen Manoj C Pande appointed  as next Chief of Army Staff

      Lt Gen Manoj C Pande appointed as next Chief of Army Staff

      Governor hands over Rotary Vocational Excellence Awards

      Governor hands over Rotary Vocational Excellence Awards

      Late Archbishop Dominic Jala’s bust unveiled in Laitkor Parish

      Late Archbishop Dominic Jala's bust unveiled in Laitkor Parish

      Leave a Reply Cancel reply

      Your email address will not be published. Required fields are marked *

      We’re on Facebook

      Advertisement

      Popular Post

      • MSL 2023: Defending champions Lajong qualify for semis

        MSL 2023: Defending champions Lajong qualify for semis

        335 shares
        Share 134 Tweet 84
      • IIM Student Residence named after freedom fighter U Tirot Sing

        334 shares
        Share 134 Tweet 84
      • MSL 2023: Mawlai & Khliehmawlieh enter semis on the back of rousing victories

        335 shares
        Share 134 Tweet 84
      • CM Conrad Sangma distributes PES and other programs in Tura

        334 shares
        Share 134 Tweet 84
      • STEMS Commute Bus Services Launched

        333 shares
        Share 133 Tweet 83
      Facebook Twitter Youtube Instagram

      About Us

      South Asia Views is the new spokesman of not an endangered world, but that of cosmic fusion, a new bearer of the media and the world wide web. South Asia Views articulates worldviews, seen from new and fresh perspectives, that of single and singular humanity.

      A unit of RC Foundation

      Head office:
      Burnside Compound, Rilbong,
      Shillong -793004,
      Meghalaya, India.
      Phone no : +91 -364 2223616
      Email : viewssouthasia@gmail.com

      We’re on Facebook

      Quick Navigation

      © 2021 South Asia Views. All Rights Reserved. Empanelled to DIPR, Govt. of Meghalaya vide Order No. ML.13/2007/249 dated 16/10/2017

      No Result
      View All Result
      • Home
      • State
      • North East
      • National
      • South Asia
      • Business
      • Sports
      • Opinion
      • Meghalaya Tourism

      © 2021 South Asia Views. All Rights Reserved. Empanelled to DIPR, Govt. of Meghalaya vide Order No. ML.13/2007/249 dated 16/10/2017