5 Reasons Why the Industry Is Not Banned
Gali live result, Sattamatka, Sattamatka king, Satta king up, Satta king 2020 chart, Satta king desawar, Satta king gali, Gali live result, Disawar live result, Satta Number, Satta Game, Gali Number,

Published Date – 21th July 2021

One of the mostasked questions, why online poker is not banned in India? There are variousreasons for this. However, satta there is one major reasonthat keeps on asking whether online gambling is banned in India. That questionis - "Is there any black money involved in online gambling?" It is amatter of concern to every gambling operator delhi bazar result  around the world that operates a wellregulated online gambling business in India.

In India,according to law, online casinos and gambling websites are bound by laws, whichlay down severe punishment for illegal operators of gambling websites. InIndia, there are various government and regulatory authorities that regulatethe activities of online gambling. Satta king TheCentral Board of Excise and Customs or CBEC is an autonomous board, which hascomplete power over all matters related to tax and import and export of goodsand products. The CBEC has formulated various measures to curb the activities satta king Matka ofillegal operators who do not pay taxes or fail to file tax returns. The CBECalso has powers to investigate cases of money laundering and to providemonetary assistance to the victims of criminal activities related to gambling.Money laundering is an offense under the Prevention of Money Laundering andTerrorist Financing Act 1992.

There areseveral operators of online casinos in India, who operate within the ambit oflegal trading. These operators have very well constructed registration andLicensing departments. Satta resultIn addition to this, the operators are bound by numerous other legalrestrictions such as banning of bonuses, payment of taxes and levies onwagering activity. Moreover, the operators are bounded by numerous laws ofgeneral application, which include anti-money laundering rules,anti-contamination rules, child protection rules, income protection rules andso on. Sattamatka Hence, it can be concluded that the banon online casinos in India would hurt the legitimate operators more thanbenefit the black money operators.

The secondreason as to why online casino games are not banned in India is that thegovernment has not taken the step of regulating online casinos. This means thateven though the operators may be operating illegally, there is no actionagainst them. satta king fast matka com The reason for thisis that the central government does not have the requisite resources toregulate the operators in a legally correct manner. As a result, the operatorscan continue to operate while enjoying legal and advantageous advantages.

The third reasonas to why online poker is not banned in India is that there are severalprominent persons in the country, who are in regular competition with blackmoney operators in the field of online poker. satta matka king  They have raised issues of corruption in theIndian poker scene. They have tried to highlight the shortcomings and thedefects of the current law in the form of regulatory guidelines and articles.The authorities have taken note of these and satta matak  still have not taken strong regulatorymeasures. So, the operators cannot be banned for the sake of preventing futurecrime.

Another reasonwhy poker is not banned in India is that the scenario of online gambling in thecountry is not at all bad. According to reports, there are more than a hundredlicensed gaming houses operating in the country. satta king 786  Most of these operate within the parameters ofthe law and work hard to ensure that their customers are satisfied. Thus, thegovernment is assured of the fact that the black money operators will not beoperating their operations from the country any time soon. delhisatta king  But this can only be concluded if thegovernment takes strong regulatory measures. Otherwise, the scenario willcontinue as it is.

The fourthreason why online poker is not banned in India is that the government does notwant to antagonize the operators of online poker sites. matka live result For instance, if thegovernment banned all the sites and set up licensing conditions andregistration norms for each and every operator, the operators will not operatefrom the country. It would create chaos. sattkamatka The result willbe a complete closure of the industry. The government knows this very well andthus does not antagonize the operators in any way. In other words, thegovernment is rationalizing the popularity of online poker by minimizing itsnegative aspects and instead focusing on the positives.

The fifth reasonwhy online poker is not banned in India is that the government is ready to workwith the operator.  SattakingThe operators will always have demands and the government is always ready tomeet such demands. In other words, they understand the modus operandi of theoperators and are prepared to customize the regulatory measures according tothe needs of the state. This is how the government treats the online poker industry. kalyan matka The government understandsthat it will have to regulate the business to ensure the safety of the playersbut it will also have to provide an environment that will encourage people tostart their own business.

 

YOUR REACTION?


You may also like

Facebook Conversations



Disqus Conversations