Mon, Feb 20, 2017 | updated 09:27 AM IST

AIGF conducts a study tour in Sikkim

Updated: Nov 21, 2016 17:08 IST

New Delhi [India], Nov.21 (ANI): The All India Gaming Federation (AIGF) recently took an initiative to understand the regulatory framework of governing gaming, casinos and betting in Sikkim, which has the most liberal laws for the gaming and betting industry.

Gaming, betting and lotteries contribute heavily to the development of the hilly and mountainous state of Sikkim, which otherwise is not blessed with a geographical terrain suitable for agriculture and manufacturing activities by stimulating the local economy.

Gambling plays a major role in the state and in addition to bringing an economic stabilization, it also brings in huge revenues to the institutions that run it and opens employment to a large section of the society.

It also involved understanding the benefits accruing to the state in terms of revenues and employment generation due to the gaming industry as well as how the model implemented by the Sikkim government can be emulated by other states.

The AIGF organised a study tour and a robust discussion on the model created by the Sikkim government, International best practices and how other governments can learn from this unique policy framework.

In the light of the whole country getting impacted by demonetisation, the panel discussion also involved a detailed discussion on how it is impacting Gaming Industry and why it is taken as a welcome step to eradicate black money from the industry.

"Demonetisation has greatly impacted all the industries, gaming being no exception, but it is still too early to analyse long term implications of the decision . In any case, regulating gaming activities in any country is the best way to protect the integrity of the sport, protect the punter, give back to community, and provide proper tools to the relevant authorities to fight against underground activities", mentioned Roland Landers, CEO, AIGF.

He further added, "In 2009, Sikkim became the first state to offer manually-operated casinos on land. In Goa, casinos are stationed offshore and they pay over Rs 150 crore in taxes to the government. The number of tourists went up from 4-5 lakh to 12 lakh once casinos came up. The numbers are expected to be doubled, though the state aims to get 50 lakh tourists a year."

Pari Mutuel Urbain (PMU), one of the world's leading mutual betting operators in the field of Horse racing have put in place an interesting approach where they contribute significantly to fund the horse racing sector.

Catherine Chauvin, Area Manager Exports for PMU who was in Sikkim for the event mentioned, "The social impact on the Horse industry in France has been intense where 1 horse creates 1.8 jobs & 4% of agricultural land is dedicated to horse breeding. We wish to share our experience with the sector here, so India can equally get benefitted by adapting the favourable approach."

According to a report by KPMG, in 2010, the estimated betting market in India was worth 60 billion dollars. This included the unregulated and illegal betting and gambling in the country as well. Further, there are opinions that suggest that legalizing betting with respect to sports like cricket could prove to be beneficial, not only to the economy, but also to regulate the illegal betting and match-fixing industry. The same could also be said for other areas where gambling and betting is possible.

India's gambling industry is huge and it is high time that a policy decision be taken by the government, which conclusively establishes the status of gambling in India. FICCI has estimated around 19,000 crore from betting if it is legalised in India. (ANI)

New Delhi [India], Feb.20 (ANI): German table tennis player Dimitrij Ovtcharov brought the dream run of Japan's 13-year-old sensation Tomokazu Harimoto to an abrupt end to capture the men's singles title in the Seamaster 2017 ITTF World Tour India Open here at the Thyagaraja Sports Complex on Sunday.

Full Story >>

New Delhi [India], Feb. 20(ANI): Pakistani cricketer Shahid Afridi on Sunday announced his retirement from international cricket, bringing to an end his illustrious 21-year career, as per local Pakistan media reports.

Full Story >>

Bengaluru (Karnataka) [India], Feb.19 (ANI): On Monday (February 20), attention will shift to the Ritz-Carlton Hotel in Bengaluru, Karnataka, where the 2017 Indian Premier League (IPL) auction of cricket players from around the world will take place.

Full Story >>

Melbourne [Australia], Feb.19 (ANI): Sri Lanka on Sunday took an unbeatable two nil lead against Australia in a three-match Twenty20 international series through a two wicket win in Geelong.

Full Story >>

New Delhi [India], Feb.19 (ANI): Chief of Army Staff, General Bipin Rawat, on Sunday, flagged off the seventh edition of 21 Gun Salute Vintage Car Rally, country's most premium vintage car event, in New Delhi.

Full Story >>

Raipur (Chhattisgarh) [India], Feb.19 (ANI): Thousands of people participated in a half-marathon in Chhattisgarh capital Raipur on Sunday with an aim of promoting adventure sports and tourism across the state.

Full Story >>

South Africa beat New Zealand in Hamilton ODI

Updated: Feb 19, 2017 17:28 IST

Hamilton [New Zealand], Feb.19 (ANI): South Africa on Sunday beat New Zealand by four wickets in a one day international match played here.

Full Story >>

Pune (Maharashtra) [India], Feb.19 (ANI): Rising Pune Supergiants (RPS) has announced that Australian cricket captain Steve Smith will take over as skipper of the team from Mahaendra Singh Dhoni for the 2017 and 10th edition of the Indian Premier League (IPL).

Full Story >>

New Delhi [India], Feb. 19 (ANI): India's Twenty20 left-arm fast bowler Ashish Nehra has said that he would like to represent the country again in one-day internationals and is training his sights on the Champions Trophy to be played in England in June this year.

Full Story >>

Melbourne [Australia], Feb.19 (ANI): Having lost their first Twenty20 clash against Sri Lankaat the Melbourne Cricket Ground (MCG) , Australia will now look to redeem itself against the visitors in the second Twenty20 international clash at Kardinia Park in Geelong on Sunday evening.

Full Story >>

Melbourne [Australia], Feb.19 (ANI): The Supreme Court in Victoria, Australia, has ordered both Cricket Australia and former Test leg-spinner Stuart MacGill to commence mediation over the latter's 2.6 million Australian dollar injury case.

Full Story >>

Mumbai [India], Feb.19 (ANI): Australian wicketkeeper-batsman Matthew Wade has called on the International Cricket Council (ICC) and other administrators of the sport to undertake a review of the current concussion-related substitution rule.

Full Story >>

Bengaluru (Karnataka) [India], Feb.19 (ANI): On Monday (February 20), attention will shift to the Ritz-Carlton Hotel in Bengaluru, Karnataka, where the 2017 Indian Premier League (IPL) auction of cricket players from around the world will take place.

Full Story >>

Wenger wants to continue at Arsenal till 2021

Updated: Feb 19, 2017 09:26 IST

London [United Kingdom], Feb.19 (ANI): Manager Arsene Wenger's two-decade long relationship with English Premier League football club Arsenal may be stretched and strained owing to the lack of silver fare, but this has not stopped him from expressin

Full Story >>

Lahore [Pakistan], Feb. 19 (ANI): Former England batsman Kevin Pietersen, who is currently playing for the Quetta Gladiators in the Pakistan Super League (PSL), has stated that he is still mulling over coming to Pakistan if the final match of the Twenty20 series will be played in Lahore.

Full Story >>

New Delhi [India], Feb.18 (ANI): Following the footsteps of Indian boxing sensation Vijender Singh, Olympic Quarterfinalists Akhil Kumar and Jitender Kumar are all set to make their profession debut.

Full Story >>

Dubai [UAE], Feb.18 (ANI): Pakistan and Sri Lanka look all set to make it to the ICC Women's World Cup 2017 as they take on India and Bangladesh respectively, in their last round of Super Six matches at the qualifying event on Sunday.

Full Story >>

Karachi [Pakistan], Feb.18 (ANI): Describing Misbah-ul-Haq as a `great leader`, Pakistan head coach Mickey Arthur has said that the beleaguered Test skipper will be given all the respect and a rousing see-off whenever he decides to bid adieu to cricket.

Full Story >>

Melbourne [Australia], Feb.18 (ANI): Australian paceman Pat Cummins has called on his teammate Billy Stanlake to put his poor Twenty20 international debut behind and back his pace in the remaining two games of the three-match series against Sri Lanka.

Full Story >>

Karachi [Pakistan], Feb.18 (ANI): Islamabad United cricketers Sharjeel Khan and Khalid Latif have formally recorded their statements on the ongoing Pakistan Super League (PSL) spot-fixing scam before the anti-corruption unit of the Pakistan Cricket Board (PCB).

Full Story >>