Legal online sports betting could be coming to the Indian state of Maharashtra as the local government mulls ways of topping up its depleted treasury.
Last Friday, the Times of India quoted an unidentified National Congress Party minister in the state of Maharashtra saying the local government was reviewing a report detailing the impact of legalizing online betting and possibly other forms of gambling.
The government established a task force headed by a former finance minister a few months ago as the state’s financial taps began to run dry due to the COVID-19 pandemic’s economic impact. The task force was asked to consider the obstacles to legalizing and regulating online gambling.
For the record, this isn’t the first time that Maharashtra has publicly mused about legalizing online gambling. But as of the end of August, the state is estimated to have suffered a revenue shortfall of over Rs610b (US$8.3b) due to the pandemic, making any and all potential revenue sources newly attractive, despite previous qualms about their alleged social harms.