Public Gambling Act, 1867 prohibits operation of gambling houses. But the Act excludes “game of skill” from definition of gambling, giving states legal room to allow them.
The report, Fantasy Sports: A catalyst for the sports economy, by Deloitte and Federation of Indian Fantasy Sports says regulatory & tax-related certainty key ingredients for sustained growth.
DMK govt accuses Centre of withholding funds, tightening borrowing, unilateral deductions from state accounts. Says Centre's accounting & funding decisions have 'artificially inflated' debt burden.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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