IPL owner calls for sports betting legalisation as “good source of revenue”

INDIA, REGULATION, IPL , legislation
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The co-owner of Indian Premier League cricket team Kings XI Punjab, Preity Zinta, has called for the Indian government to pursue the legalisation of sports betting.

The comments followed a July recommendation by the Law Commission to regulate gambling, with bets linked directly to Aadhaar or PAN identity cards, which prime minister Narendra Modi’s BJP party has yet to approve.

“I think it would be important if the government legalises betting because it will be a good source of revenue,” said Zinta in an interview with India Today.

According to a 2013 study by Ficci, the illegal IPL betting market generated $35.2bn annually, which could provide tax revenue of $1.2bn if regulated.

Following the high-profile life ban of former India cricketer S Sreesanth, Zinta called for the Board of Control for Cricket in India to be held responsible for player behaviour, rather than the betting public, adding “you can’t police people that much.”


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