Last week, Dr. Shashi Tharoor put forward a bill in the Lok Sabah, the lower House of Parliament for India, that would provide for regulations of sports betting and match fixing. Jay Sayta, founder of Indian gambling news site Glaws.in and expert on the Indian gambling industry, recently sat down for an interview with moneycontrol.com to shed more light on what this regulation means for India.

When asked who would benefit from this new bill, Sayta responded “The Bill, if passed, will ensure that competitive sports become cleaner and less prone to rigging or fixing. Thus, it will benefit sports federations, sports fans and the entire sports industry.”

More specifically to gambling, Sayta continued, “Regulation of online sports betting will benefit technology companies that are trying to innovate in this space, it will benefit consumers by ensuring they get a cleaner product and also benefit the government by enabling it to earn huge tax revenue.”

Glaws founder goes on to describe the fractured gambling laws and regulations that have been established by state legislatures, in the absence of serious legislation from the federal government. Most legislation doesn’t account for online gambling and games of skill are exempted from definitions of gambling in most states.